ETA·BRAINa Katyella project

Acquiring Minds

Buying for $600k, Selling for $35m

Excerpts · 500 segments · ~1:40:38 long

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It's, you know, you can easily, you know, well into six figures, even seven figures, I've, I've heard is not uncommon.

So. So you also were on a path where if you did well, you could, you could make a seven figure salary and, and just not take much more risk. But the point is you, you set out to build a nest egg to have some financial cushion before you really took the entrepreneurial leap as well.

Yeah, Yeah. I felt that was a huge risk mitigator, basically. Right. Because I had seen my dad's two marriages fall apart for financial reasons. You know, my, my, my mom, my stepmom still very much cared for my dad, you know, personally, but financially it was a disaster.

And so I knew that, you know, and I, and I was married, I got married in 24,004. So I knew. And I had a daughter in 2006. And so I knew that I couldn't take the same, I just wouldn't take the same type of financial risk.

Right. So I knew that there, there was a certain amount, to be honest, wasn't a certain amount.

It was just, I knew that you wanted to have a, a good solid, you know, six high six, you know, mid, mid, mid high sixes, pushing to seven, trying to think like figures, you know, in the bank to where and and then also I think, you know, another thing that's, that's common among people who go down the entrepreneur path is a great partner and my wife, right, who had a very successful career in her,…

She could handle the, you know, a lot of the, the financial burden for us for, for a period. And you know, if it didn't work out, I can go back, always go back to the enterprise sales, you know, world. I had, I had built enough credibility there that I can go back to that, that path.

So you know, I felt like financially I, you know, that helped me mitigate the risk. Great.

And just last point, you mentioned MicroStrategy, which of course today is famous for Michael Saylor basically betting the company on bitcoin. So it's a colorful company today. It was a colorful company back then.

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