What Nine Billion Dollar Businesses Taught Him About Risk

Added: 2026-05-23

[00:00:00]You've built nine [music] or 10 businesses. Some of them billion-dollar businesses. Do you kind of know before you do something now that like this is a winner?

[00:00:07]>> The day I went from zero to a billion dollars in three years, you know, we have to take risks. [music] Entrepreneurialism isn't for everyone.

[00:00:13]You stay awake at night thinking, how am I going to make payroll? You know, what am I going to say to my team? What am I going to say to my investors? You know, but you need to win more than you lose.

[00:00:21]And included in that is the daily pivot.

[00:00:22][music] It's the daily what's working, what's not working. And if it's not working, we'll pivot.

[00:00:27]>> Know that you're going to make mistakes and spot the mistakes quickly and fix them.

[00:00:31]>> And if you can't differentiate yourselves and explain [music] what your product does, then you you can't win. We think about the exit before we even launch the business.

[00:00:38]>> [music]