Grit #197 CEO, Chairman & Founder Zscaler, Jay Chaudhry: No Attachment
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Jul 1, 2024 CEO and founder of Zscaler, Jay Chaudhry, shares his journey from humble beginnings in India to financial success by focusing on family values, risk-taking, and simplicity. He discusses authenticity, family time, customer meetings, self-improvement, and the importance of hiring exceptional talent. Jay's mindset of detachment from money has been a key factor in his success, allowing him to take risks and focus on doing his best.
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SecureIT Acquisition
- Jay Chaudhry rejected an initial acquisition offer for SecureIT, despite it being 90x his investment.
- He later sold it for 80% more, benefiting his employees significantly.
Starting SecureIT
- Jay Chaudhry and his wife, Jyoti, invested their life savings in their first startup.
- Jyoti, with her MBA and finance background, handled the back office.
Detachment from Money
- Jay Chaudhry's family lacked money, so he didn't develop an attachment to it.
- This detachment enabled him to take risks, contributing to his success.