#79 with Alexa von Tobel - From Dropping Out of Business School to a $375M Exit

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 29 May 2020

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) interview Alexa von Tobel (@alexavontobel), founder and former CEO of LearnVest, a fintech company that sold to Northwestern Mutual for $375M five years after launch. Today's topic include: Alexa talks about her background (0:20), Alexa talks about studying happiness at Harvard (3:40), Alexa breaks down the business plan and evolution of LearnVest (9:00), Alexa describes what it was like to be a classmate at Harvard with Mark Zuckerberg and the advent of Facebook (16:02), Sam asks Alexa, “why sell the business?” (23:08), Alexa explains the strategy behind her VC firm, Inspired Capital, and what’s interesting to her today (30:06), Shaan asks Alexa to explain her contrarian views about the future of work (32:52), Alexa explains how her roots give her an advantage in the fintech space (36:24), Sam asks Alexa what a “self-driving wallet” is (40:10), Shaan talks with Alexa about crypto projects that are streaming money (42:10), Alexa explains how friction is making it more difficult for people to grow their wealth (52:10). See acast.com/privacy for privacy and opt-out information.

Transcript

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0:00.0	All right, there's this amazing book called Getting Everything You Can Out Of All You've Got.
0:04.9	I read it a few years ago and it changed my life.
0:07.8	And the reason I loved it was because it basically talks about how to get and make more money
0:12.7	using things that you already have.
0:15.1	Coincidentally, today's podcast is brought to you by Business Made Simple.
0:19.6	It's a podcast by Donald Miller, who I'm going to tell you about in a second, but he has
0:23.3	this amazing episode that's all related to this book and the things that I learned in this
0:26.9	book.
0:27.9	It's called How to Make Money With What You Already Have.
0:29.4	It's an incredible episode.
0:30.9	It talks about all the stuff that I learned in this book.
0:33.2	The host is Donald Miller.
0:34.7	I didn't know who Donald Miller was up until recently, but over the last 12 months, this
0:37.9	is totally by coincidence.
0:38.9	There was all separate people.
0:40.2	They said you have to check out Donald Miller.
0:42.0	He's amazing.
0:43.0	So I'm happy that he's part of Howspot's Podcast Network.
0:45.5	You can check it out.
0:46.5	Business Made Simple Podcast.
0:47.9	It's where he coaches you on how to build your business like an airplane where the cockpit
0:52.1	is your leadership, the body is your overhead, the right engine is your marketing, the left
	...

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