Seed Stage Stories
Eric Rea: Building a $3B Tech Company from the Attic of a Bike Shop
Feb 1, 2022
Eric Rea, a high-energy, gritty leader who took an unconventional path to entrepreneurship, discusses challenges of being a CEO, developing communication skills, and finding success in building Podium.
31:40
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Quick takeaways
- Eric Rea started Podium based on the belief that local businesses were underserved in terms of software solutions, starting with reviews.
- Podium's success was fueled by constantly expanding their offerings, staying true to their vision, and receiving validation from satisfied customers.
Deep dives
Eric Ray's Background and Path to Entrepreneurship
Eric Ray grew up with an entrepreneurial spirit, inspired by his father who owned a tire shop. During college, he started various businesses, including repairing iPhones and recruiting students to sell alarms. His first successful venture was selling iPad accessories online. This experience sparked the idea for Podium, a platform that provides messaging and payment tools for local businesses.
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