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The Foundr Podcast with Nathan Chan

311: How InCountry’s Peter Yared Turns Ideas Into Companies That Sell For Millions

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8662 Ratings

🗓️ 22 June 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

Peter Yared has a wealth of experience as an entrepreneur. Not only has he built and sold six different B2B enterprise companies (making more than $500 million in exits), but he’s also lived through three different recessions and managed to stay afloat through them all. In this conversation with our CEO Nathan Chan, Yared dives deep into the world of software businesses and takes us through his process of coming up with an idea, turning it into a company, and successfully selling it. He also explains the most important lessons from the three previous recessions he’s lived through, as well as what he’s learned during the current pandemic. Whether you’re an engineer who wants to step into the world of entrepreneurship or a business owner who is struggling with the impact of Covid-19, this episode is jam-packed with helpful knowledge! If there’s any other type of content you’d like to see that would be valuable to you during this time, please don’t hesitate to reach out at [email protected]. Key Takeaways How Yared initially fell in love with programming Yared’s journey to building and selling six B2B enterprise companies Why software businesses usually end up being bought out An overview of Yared’s most successful exits How Yared decides when to turn an idea into an actual company (and why he prefers to call them “projects”) The importance of being part of trends Why Yared’s last five projects started off self-funded Yared’s best advice for engineers The idea of push vs. pull selling Why Yared doesn’t believe the superior product always wins How to use an engineering perspective to successfully go to market How Yared managed the impact of Covid-19 for his global company Yared’s best advice based on his experience with multiple recessions, and how the current pandemic compares

Transcript

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0:00.0

This is episode number 311 with Peter Yarrod of the Founder Podcast.

0:07.3

What you need is thirst.

0:09.2

You need to be a thirsty human.

0:11.3

Who is intent I'm learning.

0:13.3

It's a really fascinating exploration of human potential.

0:19.2

The Founder Podcast.

0:21.6

Even the greatest entrepreneurs had help.

0:24.6

If you want to learn from the most successful founders on the planet, you are in the right

0:29.6

place.

0:30.6

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Humphington, Steve Case, Gary V, Sophia

0:35.6

Amoroso, Barbara Corcoran, Damon John.

0:42.1

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:45.4

This is not your average entrepreneur podcast.

0:47.6

The Founder Podcast.

0:59.2

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.8

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:13.5

you name it. We put out so much content to help you. And another interesting project that we're working on right now is partnering with

1:18.1

world-class founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach

1:24.4

crucial skills like negotiation, finance, e-commerce, and so much more.

1:31.2

So if you'd like to get access to these free trainings with founders like this, which is 100% free,

1:38.2

just go to founder.com forward slash free.

1:41.0

Okay, so now let's talk about today's episode. Hello and welcome to another episode of

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