As an Ivy League educated investment banker in the US, life couldn’t have been better. The high life of working and partying hard, and spending even harder was all too consuming.
The bankers call it the life of “Models and Bottles” i.e. building financial models to sell companies and ordering overpriced bottle service at high-end New York lounges. During 2010-12, I was regularly meeting business owners, mostly first generation entrepreneurs, who had built companies with $100 million to $500 million valuation, to strategies to further maximize their value. I would suggest them either to buy some other company that was strategic to their business growth or in some cases sell themselves. It is then that the hollowness of not building something from scratch was just beginning to surface.
Bu hikaye Entrepreneur magazine dergisinin November 2017 sayısından alınmıştır.
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Bu hikaye Entrepreneur magazine dergisinin November 2017 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Chords of Success
For Saahil Goel, the deep-rooted passion for playing the guitar dates back to his high school days. Influenced by legends like Pink Floyd, Led Zeppelin, and the Pakistani band Strings, his musical journey mirrors his leadership style-balancing focus, discipline, and a collaborative spirit. Goel feels that playing guitar has enhanced his ability to balance focus and teamwork as a founder of an eCommerce shipping start-up.
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HOW TO HIRE FOR THE FUTURE
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You Can Hire Like Netflix
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Speedy Growth Killed My Startup
We seemed to be rocking it - lots of press, major partnerships. Then we learned the harsh consequences of overlooking our customers.
Three Pivots to $100 Million
How do you find a working business model? Do it like Rowan-a brand that reinvented itself many times before finally piercing the ear-piercing market.
What Goals Actually Matter?
Some benchmarks are more important than others so what should you really care about? We asked six founders for their hardest-won lessons.
'Only the Strongest Are Going to Survive'
Brian Lee cofounded companies like LegalZoom and ShoeDazzle-and he believes a lot of conventional business wisdom is backward. Sure, it's harder to raise capital. But it's actually cheaper than ever to start a company.
HOW TRUST SAVED KFC
The former CEO of Yum! Brands explains how he turned around a struggling KFC-and the important lesson it offers for anyone in franchising.
