My First Million Greatest Hits #1 - Turning it Around: From Failure to a $100m+ Success
May 3, 2021
Suli Ali, founder of TinyCo, shares his remarkable journey going from earning $76k at Microsoft to selling his first company for over $100 million. He reveals how a quirky Facebook app turned into a thriving business and the vital role parental support played in his entrepreneurial spirit. Suli reflects on pivotal meetings with key figures in Silicon Valley and the emotional rollercoaster of entrepreneurship, underscoring the importance of resilience and risk-taking in the face of failure.
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Microsoft Beginning
- Suleiman Ali started at Microsoft, excited about his office and called his dad.
- His dad immediately told him to quit and start a company.
Overestimating Risk
- Most people overestimate the risk of leaving their jobs.
- Competent people can easily find new jobs, even after a failed startup.
Superlatives Success
- While bored in Florida, Suleiman and Jamal built a Facebook app called Superlatives.
- Unexpectedly, it became a smash hit with a million users in a month, causing server issues.