Gil Eyal: How Being a People Person Made Me Successful
Jun 6, 2024
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Entrepreneur Gil Eyal shares insights on selling his software business, building a personal brand, and transitioning into an investor role. Topics include influence marketing, dealing with celebrities, balancing personal life post-exit, challenges of being an investor, and prospects for children becoming entrepreneurs.
Overcoming an identity crisis post-exit by mentoring and helping other founders.
Prioritizing family time and achieving work-life balance after a successful exit.
Deep dives
Identity Crisis After Selling a Business
After selling his software business, Gil reflects on the identity crisis that followed the separation. He mentions feeling deeply connected to the company he built over seven years. Despite the financial security the sale provided, Gil struggled with the shift in purpose and identity. It took him two years to bounce back, eventually finding solace in mentoring and helping other founders.
Transition to Mentoring and Investment
Gil discusses his immediate post-exit challenges, navigating through a divorce, and finding closure with former relationships. He highlights the difficulty of saying 'no' to founders seeking investments, noting that the rejection process can be emotionally taxing. Gil also delves into the personal fulfillment derived from mentoring and investing, emphasizing the importance of having a clear plan and expertise in the industry.
Balancing Work and Family Life
Post-exit, Gil prioritizes spending time with his children and achieving a healthier work-life balance. He acknowledges the significance of transitioning from a hectic work schedule to being more present for his family. Gil's involvement in his children's daily activities and events reflects a positive shift in his lifestyle post-exit.
Investment Strategy and Key Advice
Gil shares insights on the importance of joining angel investor groups and building relationships with seasoned investors for successful investments. He emphasizes the need for a clear understanding of the industry before making investment decisions. Gil's advice centers on staying connected with valuable contacts from the startup journey and prioritizing personal growth and work-life balance after an exit.
Gil Eyal. Four years ago he sold HYPR - a software business which revolutionized the way big agencies and brands run influencer marketing. Today, Gil runs a venture capital firm which adds value to consumer tech companies by bringing celebrities onboard. In this episode, we discuss overcoming a post-exit identity crisis, building a personal brand, dealing with celebrities and becoming an investor.
Gil Eyan - Linkedin:
https://www.linkedin.com/in/gileyal?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app
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TIME STAMPS:
(00:00:00) Intro
(00:01:17) Welcome
(00:09:33) The role and impact of Influence Marketing
(00:14:41) The struggle and lessons of selling a company
(00:16:55) Dealing with separation and moving on after selling
(00:19:38) Retaining financial interest and future prospects
(00:20:37) Reflections on past experiences as a founder and transition into an investor
(00:24:02) Advice for someone selling their company
(00:26:37) Building personal brand post-exit
(00:28:25) Reflecting on mentorship and investment choices
(00:30:06) Balancing relationship with personal life post-exit
(00:32:46) The impact of investing on mentorship
(00:35:06) The effect of an exit on family
(00:37:33) Prospects for children becoming entrepreneurs
(00:38:31) Future as an investor
(00:39:10) Challenges in the investment industry.
(00:39:33) The challenges of being an investor
(00:41:20) Personal risk in investments
(00:43:24) Advice on angel investing
(00:45:32) Joining a group and surrounding yourself with experts
(00:46:17) What to do after an exit
(00:48:02) Changing your lifestyle post-exit
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