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Unicorn Podcast
Disrupt or Be Disrupted: How Bolttech Exploded Its Way To Unicorn Status | S2 E4
Jun 8, 2023
Rob Schimek, CEO of Bolttech, discusses his journey leading the innovative insurtech company to a staggering $1.6B valuation. He reveals how prioritizing purpose over profit can reshape industries. Insights about fostering an empowering company culture, the importance of strategic delegation, and embracing team changes for innovation are shared. Rob also emphasizes the value of experiences and emotional intelligence in achieving lasting success, highlighting growth through personal learning and meaningful connections.
55:06
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Quick takeaways
- Bolttech's success underscores the importance of having a clear purpose that aligns with business goals for meaningful impact.
- Effective delegation and strategic acquisitions are crucial for navigating the regulated insuretech industry while fostering a collaborative environment.
Deep dives
The Importance of Purpose in Building a Business
Building a successful company starts with having a clear purpose that goes beyond mere profit. The founder of Bolt Tech emphasizes the need to be a difference maker, aiming for meaningful impact on a global scale. While aspirations of becoming a unicorn are natural, the focus should be on creating something valuable and impactful for society. This alignment of purpose with business goals serves as a strong motivating factor in both the short and long term.
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