131: $60M Exit, $526M IPO, and Using AI to Scale with Joe Stolte

Today, I’m joined by Joe Stolte, a serial entrepreneur, growth coach, and the CEO of Daily.ai, a company that helps brands publish AI-powered email newsletters that generate 40-60% open rates without writing a single piece of content. 

As a program manager at Microsoft in his 20s, Joe was making over $250,000. But as an entrepreneur at heart, he knew he couldn’t ignore the call to go out on his own. After his first attempt at raising outside capital left Joe $37,000 in debt, he learned from his experience, going on to found 5 companies and exit 3.

Joe is also a former Inc 500 entrepreneur who helped create a $60M+ exit at GrowFlow, helped take Lottery.com public at $526M, and helped grow Tractionology Group to producing $44M in client revenue in 3 years.

In today’s episode, you’ll hear Joe’s firsthand experience about the pros and cons of bootstrapping vs. fundraising. You’ll also learn a step-by-step process for fundraising (even if you don’t have high-powered connections), how to set up powerful introductions to investors with deep pockets, and how to use AI to boost your revenue — not just your dopamine.

Key Takeaways with Joe Stolte

• Being predestined for entrepreneurship
• Quitting a $250K job to pursue a calling
• How breakdancing set Joe up for success
• Keeping your identity in new environments
• Tips for raising for a Series A
• How to set up impactful introductions
• The pressure that comes with outside money
• Going from $0 to $1.5M ARR in 14 months
• What should you not use AI for?
• Advice for entrepreneurs in their 20s

Get the full show notes here: https://beyondamillion.com/131

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