We recently celebrated producing over 100 episodes of the Dealmakers Podcast. where some of the most successful entrepreneurs share how they did it. During this process, I have collected the most important lessons learned from entrepreneurs that have built billion dollar companies.
On the podcast, we’ve featured many great entrepreneurs and investors who have raised hundreds of millions for their startups as well as many that have exited for $1B. These are some of the key takeaways…
1) Stay humble, and they are
2) Stick with it, keep your eye on the end game
3) The worst that can happen is you have to get a job again
4) It’s about people
5) It’s all about culture
6) Culture is a competitive advantage
7) It’s not for the money. The first company Mohit Aron built is worth $7B and the second one $1B.
8) An exit isn’t just about cashing out
9) You never stop growing
10) It can be smarter to hire an outside CEO. This allowed Daniel Cane to sell Blackboard for $1.6B.
11) Be careful who you pick as investors
12) Raising money is about relationships is one of the constant patterns when I was thinking about the lessons learned from entrepreneurs that have appeared on the podcast.
13) You’re never too young to start
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