The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: You Don't Have to Go Big w/ Andrew Gazdecki

Dec 29, 2023

Andrew Gazdecki, Founder of Microacquire, discusses building a successful business, the differences between bootstrapped and venture-backed companies, changing news coverage for VC-backed companies, and the concept of 'building in public'.

53:19

Episode guests

Andrew Gazdecki

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Supporting bootstrap companies can inspire and motivate entrepreneurs, encouraging them to pursue their own unique journeys.

Micro Acquire aims to streamline the acquisition process for entrepreneurs by connecting startup buyers and sellers and ensuring a high-quality experience for both parties.

Bootstrapers publication challenges the notion that a billion-dollar valuation is the only measure of success by amplifying the stories of bootstrap entrepreneurs and spreading awareness of alternative paths to building successful businesses.

Deep dives

Importance of Supporting Bootstrap Companies

Supporting bootstrap companies is crucial in the startup ecosystem as they are often underserved and under-recognized. Celebrating the achievements of these companies can inspire and motivate other entrepreneurs. Building a successful startup doesn't always require reaching billion-dollar valuations; smaller businesses can still be incredibly successful and life-changing. Emphasizing alternative paths to success encourages founders to think beyond the traditional VC-backed model and pursue their own unique entrepreneurial journeys.

Introduction

2min

From Poverty to Success: Andrew's Entrepreneurial Journey

15min

Creating Additional Income with Airbnb, NetSuite's KPI Checklist, and Masterclass for Building Leadership Skills

4min

Micro Choir: Streamlining the Company Acquisition Process

17min

Ads for Airbnb, Shopify, and Masterclass

4min

TechCrunch vs Bootstrap Companies

13min

The Importance of Motivation and Building Businesses

3min

In this MI Rewind Episode, Robert Leonard chats with Andrew Gazdecki about what Microacquire is, how he built it, and what his goal is with this company; how he thinks about smaller, bootstrapped companies versus large, venture-backed ones that are trying to be worth a billion dollars; why VC-backed companies generally get all the news coverage and what Andrew is doing to change this, and much, much more!

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:29 - What the first steps are to getting a new business off the ground.

32:04 - Why having a great product is not enough in today’s world and why relying on this is a losing strategy.

32:04 - How someone with a faulty sales process can fix it.

32:04 - How to focus on one thing as an entrepreneur and how to determine what that one thing should be.

52:15 - What it means to “build in public” and why Andrew has chosen to go this route.

And much, much more!

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Eric Ries’ book The Lean Startup.
Pat Flynn’s book Will It Fly?.
Chris Guillebeau’s book Born for This.
The Shark’s book Shark Tank Jump Start Your Business.
Check out the books mentioned in the podcast here.

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