AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Masters of Scale
Don’t stop learning: How Cornerstone kept scaling, w/Adam Miller
Jun 13, 2024
Entrepreneur Adam Miller shares how he founded Cornerstone and scaled it to over $5.2 billion. He discusses facing tough times, encountering a loan shark, navigating financial crises, making strategic decisions, hiring during crises, and perseverance in scaling a business.
33:00
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Taking calculated risks, such as borrowing from a loan shark, can save a company from collapse during financial crises.
- Adaptability, strategic decision-making, and perseverance are essential in navigating challenges and transforming them into growth opportunities.
Deep dives
The Near-Death Experience in 2005
Adam Miller, CEO of Cornerstone, faced a dire situation in 2005 when the company was running out of money. Despite raising some funds, they were still short. In a moment of desperation, Adam had to borrow money from a loan shark to meet payroll. This risky move saved the company from collapse, showcasing the lengths Adam went to keep the business afloat.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode