Millionaires Unveiled
373: Net Worth Of $14.5M - From Non-Profits to Startup CEO to Hitting 8 Figures in My 70's
Sep 3, 2024
Riggs, the CEO of OriginClear, has a remarkable net worth of $14.5 million, reflecting his journey from the nonprofit sector to the startup world. He shares insights on overcoming challenges in the industrial water space and the importance of innovation. Riggs emphasizes the need for a compelling idea and solid organizational development for success. He discusses creating investment opportunities for both accredited and unaccredited investors. Additionally, he offers essential advice for aspiring entrepreneurs, highlighting the significance of apprenticeship and adaptability.
48:28
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Quick takeaways
- Riggs illustrates the value of diverse experiences and perseverance in shifting his career from nonprofits to leading a successful startup in his 70s.
- The podcast emphasizes the urgent need for innovative water treatment solutions, highlighting adaptability as key to seizing opportunities in challenging industries.
Deep dives
The Importance of Apprenticeship
Gaining experience in an industry before fully committing to it is crucial for success. Learning the ins and outs through an apprenticeship helps individuals navigate potential challenges and avoid costly mistakes. A clear example is provided by the speaker’s observations during their time at C, where veering off course required significant effort to correct. The lesson emphasizes the necessity of rapid adaptation in the face of changing circumstances.
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