The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Why "Hire Great People and Get Out of the Way" is Total BS, Why Your Upbringing Can Make You a Worse Leader & A Bentley, Two Nissan Cubes and Becoming One of Macedonia's Largest Employers; The Story of Slice with Ilir Sela

28 snips
Aug 4, 2023
Ilir Sela, Founder and CEO of Slice, shares his journey from humble beginnings in Macedonia to revolutionizing the pizzeria industry. He challenges the idea that great leadership means stepping back, emphasizing active engagement instead. Sela discusses the impact of his upbringing on his leadership style and argues why scaling without initial funding proved beneficial. He reflects on buying a Bentley and reveals his insights on building a successful startup against financial odds. Tune in for his unique perspectives on delegation and the entrepreneurial landscape.
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INSIGHT

Small Business is Lonely

  • Building a small business is a lonely journey.
  • Founders become experts in solving infinite problems.
ANECDOTE

Bentley Story

  • Despite growing up poor, Ilir Sela prioritized hard work over financial security.
  • He bought a Bentley after bootstrapping Slice to profitability, but quickly refocused on reinvesting.
ANECDOTE

Twitter DM to Funding

  • Ilir Sela reached out to Wiley Cerilli on Twitter, leading to an unexpected investment.
  • This happened after declining an $18M acquisition offer, choosing growth over immediate payout.
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