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Our Future Podcast
#8: Young Centi-Millionaire Shares $250M Startup and Tax Secrets
Aug 23, 2023
Ankur Nagpal, the founder of Teachable, shares his entrepreneurial journey and the challenges of building a course platform. They discuss the saturation of the course market and strategies to deliver value to students. They also emphasize the importance of building a startup for exit and the advantages of paying fewer taxes. The chapter explores stepping down as CEO and the challenges of starting a new venture.
51:49
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Quick takeaways
- The importance of timing in business growth and the advantages of building equity value.
- The significance of owning a stake in a business for long-term wealth creation instead of relying solely on course sales.
Deep dives
Teachable founder shares his journey of selling the company for hundreds of millions
In this podcast episode, Anker Nagpal, the founder of Teachable, discusses his experience of selling the company for hundreds of millions. Nagpal started the company at the age of 24 and ran it for seven years before the successful exit. He talks about the challenges and how he navigated them, including the impact of the lockdown on the sale and the stock market crash on the announcement day. He also shares insights into the importance of timing in business growth and the advantages of building equity value. Nagpal emphasizes the need for entrepreneurs to have the right mindset and be open to exploring different ideas before finding the right one.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode