The Knowledge Project with Shane Parrish

#190 Brad Jacobs: How To Build a Billion Dollar Company

994 snips
Mar 19, 2024
Brad Jacobs is a powerhouse entrepreneur, founder of multiple multi-billion dollar companies, and the current Chairman and CEO of QXO. In this discussion, he unveils how to uncover billion-dollar opportunities and shares insights on spotting trends ahead of competitors. Jacobs emphasizes the importance of questioning, adaptability, and the role of M&A in growth strategies. He also discusses the impact of parental influence on confidence and highlights the value of employee feedback in a thriving workplace.
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INSIGHT

Importance of Trends

  • In business, getting the major trend right is crucial for success.
  • Even if other aspects are flawed, aligning with the main trend leads to significant profits.
ADVICE

Stay a Student

  • Maintain a student mentality and cultivate profound curiosity.
  • Ask people for their opinions and actively seek knowledge to identify trends.
ANECDOTE

Learning from Therapists

  • Brad Jacobs' experience with depression led him to study psychotherapists' questioning techniques.
  • He learned the importance of creating a safe, non-judgmental environment for open communication.
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