61–65 of 65 posts
My next one paid me a salary, but I had a falling out with my cofounder and sold my shares for very little to get away. Success? I felt like it, again, maybe externally.
Two duds after that, one I raised money for so I got paid a salary and I sold it to recoup most of investors money.
The one after that was a big hit: we grew to 50 employees, 8 figures in revenue and 9 figure exit.
I like to say: if I could find the perfect job, it’s much easier to work for someone else than start my own thing. But I have specific interests I want to chase so creating a company is my way to create the “perfect” job for myself. If you take this approach, it’s much more likely to be successful in your own eyes.
I started cdbaby.com in my bedroom, just me, fulfilling orders myself. It got an immediate great reception from a few people, very thankful, happy to pay for the service, and telling all their friends. So that's how I knew it was worth sticking with. But still, it was very VERY slow going, like even after 9 months I was only getting a few orders a week. After a year it was a few orders a day. That's when I hired my f…
what a cool business. were you in the music world before starting this?
i don't want to speak for everyone, but to me he is such a huge inspiration, not only business wise, but also personality wise.