Future Ready Leadership With Jacob Morgan

Waze Co-Founder Uri Levine Shares Secrets on Building Innovative Teams and Turning Simple Ideas to Billion-Dollar Enterprises

Apr 15, 2024

Uri Levine, Co-founder of Waze, shares secrets on building innovative teams and turning simple ideas to billion-dollar enterprises. Topics include importance of falling in love with a problem, managing fear in corporate innovation, applying an entrepreneur mindset, and the crucial role of firing in business success.

45:15

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Episode guests

Uri Levine

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Focusing on solving a problem guides success in entrepreneurship.

Simplicity in products enhances user engagement and fosters innovation.

Deep dives

Entrepreneurship is about Value Creation

The entrepreneurship journey is centered around value creation by solving problems. Focusing on solving a problem serves as a guiding light for success. Engaging customers involves addressing the problem and the value created for them.

Introduction

3min

Unlocking Product-Market Fit: The Waze Success Story

14min

Qualification Matrix and Entrepreneurial Mindset in Corporations

7min

Embracing Failure for Innovation

9min

Nurturing Entrepreneurial Mindset in Growing Companies

6min

Balancing Innovation and Day-to-Day Tasks

5min

Strategies for Hiring and Firing in Building an Innovative Culture

3min

Every leader is trying to driving innovation inside of their organizations, but that’s easier said than done. Uri Levine is the co-founder of Waze, which sold to Google for $1.1 billion. He’s also the first board member and investor of Moovit (Waze but public transportation) which Intel acquired for $4 billion! It’s safe to say that Uri knows a thing or two about innovation and building great products and companies. In today’s episode we will explore why it took Waze 4 years to reach “good enough” product market fit, why it’s more important to fall in love with a problem instead of a solution, how to manage the impact of fear on corporate innovation, how to apply an entrepreneur mindset inside of your company, and why firing is so crucial to business success.

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