How to Scale a Company to $750MM+ w/ Unicorn Breeder š¦š Jess Mah | Mahway
Jul 3, 2023
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Entrepreneur Jess Mah, with a $750MM+ company portfolio, shares insights on creating tech businesses with impactful, cash-efficient models and leveraging proven playbooks. She discusses her journey, from building her first business in middle school to founding successful companies. Jess emphasizes the importance of personal growth, empathy in business, and fostering loyalty through authenticity and deep relationships. She also reflects on overcoming negative emotions, seeking external perspectives, and embracing personal growth while maintaining team culture.
Effective leadership requires empathy, personal growth, and prioritizing team well-being over financial targets.
Success involves evolving beyond monetary goals, finding joy in building meaningful businesses, and valuing day-to-day fulfillment.
Resolving conflicts and navigating disagreements require seeking underlying truths, understanding motivations, and avoiding micromanagement.
Deep dives
Jess's Entrepreneurial Journey and Overcoming Personal Loss
Jess, a successful entrepreneur, shares her journey from building a six-figure business in middle school to managing a $500 million portfolio of companies. She opens up about a personal tragedy when her boyfriend passed away. Taking eight months off after the loss, Jess focused on self-care and gained empathy, impacting her leadership style positively.
Empathy and Growth Amidst Tragedy
During her period of grief, Jess learned to overcome negative thoughts, shifting from 'why me?' to recognizing personal growth opportunities post-tragedy. She emphasizes the importance of asking the right questions to foster positive growth and reflect on life's deeper meanings beyond conventional success metrics.
Cultivating Empathy in Business
Jess demonstrates her empathy-driven leadership by offering unlimited bereavement leave for team members, fostering loyalty and emotional healing. She values personal well-being over financial targets, providing support for team members facing burnout or health issues, showcasing a more compassionate approach to business.
Balancing Personal Happiness with Professional Success
Recognizing the need for internal tranquility and enjoying the journey, Jess shifts from the mentality of working tirelessly for future happiness to prioritizing day-to-day fulfillment. She highlights the importance of evolving beyond monetary goals and finding joy in the process of building meaningful businesses.
Navigating Conflicting Perspectives with Wisdom
Jess navigates disagreements by seeking underlying truths with conflicting perspectives, guiding her leadership approach to not micromanage or grant total autonomy. Drawing wisdom from negotiation strategies, she prioritizes understanding fundamental motivations to resolve conflicts effectively.
Continuous Personal Growth and Addressing Insecurities
Despite her success, Jess acknowledges and works through insecurities such as self-doubt, intelligence, and parental approval. She promotes self-compassion and discussions about insecurities to diminish their impact, emphasizing ongoing personal growth and self-awareness in her entrepreneurial journey.
š Gift for All Podcast Listeners Below š Jess Mah built her first 6-figure business while still in middle school and has since grown her portfolio of companies to over $750MM+ in value while taking minimal outside capital.
Among the companies sheās founded are inDinero, a fintech company that helps businesses manage their accounting and taxes; Astonishing Labs, a startup innovating biotech solutions that aims to transform human health; and a stealth litigation marketplace that has launched tens of millions of dollars in litigation. Mahway, a venture builder, is her latest undertaking, with an existing portfolio of 5 companies that attracted capital from top-tier Silicon Valley investors.
Mahway aims to create technology businesses that:
- Meaningfully change lives for the customers they reach
- Are extremely cash efficient and can generate significant cashflow
- Take advantage of prior success and proven playbooks from Mahwayās entrepreneurial team
Jess is a computer science graduate of U.C. Berkeley and has been featured on the cover of Inc. Magazine, as well as on the Forbes 30 Under 30, Inc. 30 Under 30, and Fast Magazine Most Creative Business Leaders lists. Sheās also a Y Combinator alumna and a member of the Young Presidents' Organization (YPO).
Her passions and hobbies include mentoring up-and-coming entrepreneurs and encouraging young girls to go into STEM.
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