The James Altucher Show

Shoveling Sh*t: Entrepreneurs’ Secrets to a $700M Exit with Michael & Kass Lazerow

10 snips
Jun 3, 2025
Michael and Kass Lazerow, entrepreneurs known for co-founding Golf.com and Buddy Media, dive deep into the gritty truths of building businesses. They discuss their emotional struggles, including family betrayal and near bankruptcy, emphasizing the importance of resilience. With insights into their 'Go Gauge' for vetting investments, they share the art of firing with empathy. Their unique marketing strategies that helped launch brands like Liquid Death demonstrate how humor can captivate customers. This candid conversation blends entrepreneurial lessons with personal anecdotes about balancing marriage and business.
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ANECDOTE

Golf.com Collapse Crisis

  • Chipshot.com went bankrupt after backing out of a public offering, leaving golf.com with no funds to pay payroll.
  • Despite financial crisis, Michael and Kass Lazerow navigated this by being transparent and hitting the road to fundraise.
ANECDOTE

Family Betrayal During Crisis

  • A family member threatened to sue and even kill Michael Lazerow during the golf.com crisis, causing deep personal pain.
  • This betrayal was harder to handle than the business failure itself.
ADVICE

Just Start Building

  • To start a business, just begin doing it; avoid getting stuck sharing ideas without taking action.
  • Execution and reps are essential to progressing beyond the idea stage.
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