Masters of Scale

Leap before you look, w/Marc Lore (Jet.com)

5 snips
Jan 11, 2022
Marc Lore, a serial entrepreneur and founder of Diapers.com and Jet.com, dives into the exhilarating world of risk-taking. He discusses the importance of building a team and securing customer trust when making bold leaps in business. Lore shares humorous anecdotes from his journey, from starting e-commerce ventures to his vision for Telosa, a city built from scratch. He emphasizes that collaboration is key to success and explains how strategic thinking and innovative engagement are crucial when challenging industry giants like Amazon.
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ANECDOTE

Creating the FRM Exam

  • Marc Lore's early entrepreneurial spirit led him to create a financial risk manager exam in 1993.
  • Despite skepticism, he organized the exam, found professors to write it, and successfully launched it.
ADVICE

Leap of Faith

  • Jump into opportunities, even if the outcome is uncertain.
  • Convince your team and customers to take the leap of faith with you for greater success.
ANECDOTE

Early Entrepreneurial Ventures

  • As a child, Marc Lore demonstrated entrepreneurial tendencies by pursuing various ventures.
  • He engaged in activities like washing cars, mowing lawns, newspaper runs, and trading baseball cards.
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