HoldCo Builders How to Buy Internet Companies and Take it to IPO in 9 Years | Dom Wells Interview
9 snips
Sep 9, 2023 Dom Wells, founder and CEO of Onfolio.co, transitioned from an English teacher in Taiwan to leading a NASDAQ-listed company. He discusses his ten-year journey, highlighting hard lessons learned and the importance of mindset in overcoming obstacles. Dom shares insights on planning an IPO, the concept of a cash-flow flywheel, and strategies for acquiring online businesses, especially in the education sector. His approach to investment and future aspirations reflects his hands-on experiences in navigating the complexities of growing internet businesses.
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From English Teacher to Nasdaq CEO
- Dom Wells transitioned from earning $1,000/month teaching English in Taiwan to building successful internet businesses.
- Over about 10 years, he grew from initial online sales to taking Onfolio public on Nasdaq in 2022.
You Are Your Greatest Obstacle
- The biggest obstacle to success is often yourself and your own doubts.
- Keep pushing through failures by focusing on small wins that build momentum and confidence.
Persist and Learn Any Skill
- Learning is always possible and you can start from zero skills and improve by trying and sticking with something.
- Find the field that suits you and focus deeply instead of switching too often to build momentum.
