'Fixer Upper' Star Chip Gaines Announces New Book Documenting Success, Failures as 'Serial Entrepreneur'

May 25, 2017 02:20 PM EDT

"Fixer Upper" star Chip Gaines has announced he is launching a new book: "Capital Gaines - Smart Things I Learned Doing Stupid Stuff", coming this fall.

The HGTV star announced his forthcoming book in an Instagram post on Thursday: "I've done so many dumb things in my day that I had enough material to write a book...so I did! Coming this fall: 'Capital Gaines - Smart Things I Learned Doing Stupid Stuff'."

According to the book description, "Capital Gaines" follows Chip's journey as a "serial entrepreneur who was always ready for the next challenge, even if it didn't quite work out as planned."

"Whether it was buying a neighborhood laundromat or talking a bank into a loan for some equipment to start a lawn-mowing service, Chip always knew that the most important thing was to take that first step," reads the description.

"In Capital Gaines, we walk alongside him as he relives some of his craziest antics and the lessons learned along the way. His mentors taught him to never give up and his family showed him what it meant to always have a positive attitude despite your circumstances. Throw in a natural daredevil personality and a willingness to do (or eat!) just about anything, and you have the life and daily activity of Chip Gaines.

It adds, "Capital Gaines is the perfect book for anyone looking to succeed not only in business but more importantly in life."

Chip and Joanna Gaines are behind a home improvement empire that includes a hit HGTV show, quarterly magazine, real estate company, and paint, rug, wallpaper and furniture line. Last year, they released their first book, "The Magnolia Story", which was listed as No. 1 bestselling Hardcover Nonfiction, E-Book Nonfiction and Combined Print and E-book Nonfiction title on Nov. 6th's "New York Times" Bestseller List.

However, the creative duo wasn't always so successful. In an earlier interview with People Magazine, Chip and Joanna revealed they barely scraped by as small business owners.

"I remember when we first got married the only money we had was what was in Chip's pocket," Joanna recalled. "He always had a wad of cash, but we were broke. If I needed to go grocery shopping it's whatever was in his pocket. That's how we paid the bills."

"Her dad spent the first two years of our marriage asking me if I was going to get a job," Chip added. "I was like, 'I have a job and I like it.'"

After the birth of their second child, Chip and Joanna felt that God was calling them to close their home furnishings store, Magnolia Market.

Although devastated, Joanna recalled feeling a strong sense of peace about the decision: "God taught me to study the Word and believe it, even when it hadn't been fulfilled yet. I really had to cultivate a place of faith that I never had before. I had to trust Him as He would speak His promise to me," she explained.

"This trust brought peace, although my circumstance hadn't yet reflected his promise. His Word doesn't return void, and God was working in my heart to establish deeper levels of trust that I now look back on and am thankful for," she added.

However, God had greater plans for the couple: shortly after God called them to once again re-open their store, the Gaines were approached by HGTV, who had heard about the couple's' home improvement skills, and the rest is history.

"Our family has made a commitment to put Christ first, a lifestyle our parents modeled for us very well. They showed us how to keep our marriage and family centered around God," Chip said.

"As for Fixer Upper, we have been surprised at the impact of our faith through the show. We haven't been overtly evangelical, but the rich feedback we have received on family and love all source from our faith. Jesus said the world would know His disciples by their love for one another, and we've glimpsed this in practice and strive for it every day."