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We Study Billionaires - The Investor’s Podcast Network cover image

TIP540: Lessons in Life and Business from a Self-Made Billionaire w/ Andrew Wilkinson

We Study Billionaires - The Investor’s Podcast Network

NOTE

Bootstrapping only thing they know when starting

The speaker's businesses started out profitable because they had to bring in more revenue than expenses from the beginning, not due to a deliberate choice to be bootstrappers. Despite feeling that their businesses were chaotic internally, they realized that many other businesses lacked the discipline and best practices they had learned out of necessity. This led them to acquire struggling businesses, implement best practices, and achieve success.

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