Andrew Gazdecki, CEO of MicroAcquire, is a two time exited founder with an unyielding passion for creating startups and entrepreneurship. He has been featured in NYT, Forbes, WSJ, Inc.com, and Entrepreneur Magazine, as well as prominent industry blogs such as Mashable, TechCrunch and VentureBeat. Andrew joins host Jared Robin to share his insight on generating revenue and to smash the myth of venture capital funding!
Takeaways:
- You don’t need venture capital to buy a company, and you don’t need to build a billion dollar company to be successful as an entrepreneur
- Entrepreneurs build companies to serve customers, better their lives and others, but they may lack the fundamental understanding of what they want to get out of their business endeavors
- Too many founders and entrepreneurs are stressed out, trying to “hit numbers,” and hate their jobs
- Avoid venture capital to begin with and build a company you love, that really makes you happy, and focuses on a customer you really care about
- Bringing transparency to the sale and purchase of businesses lends itself to greater trust building
- As a founder of a company one of your responsibilities is to make the team feel safe and that success metrics and goals of the business are clearly communicated
- One of the most underrated things that founders don’t do - laugh and have fun! Realize it’s “all part of the game” when running start ups
- Andrew’s advice, “Be grateful for the progress you’ve made!” Take a step back and think of where you were two years ago and how far you’ve come
Quote of the Show:
“Building that big of a company, especially on your first try - you can avoid so many mistakes by just avoiding venture capital, avoiding all the stuff that you read about, all the startups that you hear about that are just crushing it. And build a company that really makes you happy and doesn't stress you out and focuses on a customer that you absolutely love serving.”
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