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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: You Don't Have to Go Big w/ Andrew Gazdecki

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 28 October 2022

⏱️ 57 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN:   08:47 - Why having a great product is not enough in today’s world and why relying on this is a losing strategy. 24:35 - What the first steps are to getting a new business off the ground. 32:04 - How to focus on one thing as an entrepreneur and how to determine what that one thing should be. 52:15 - What it means to “build in public” and why Andrew has chosen to go this route. 53:24 - How someone with a faulty sales process can fix it. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Andrew: Website | Twitter| LinkedIn  Connect with Robert: Website | Twitter | Instagram HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. On today's show, we continue to revisit some of my favorite podcast from

0:06.3

the past in this millennial investing rewind. If you've missed our previous rewind episodes,

0:12.5

we've started to reshare some older episodes that are my favorites for a few reasons.

0:18.0

One, we get a bunch of new listeners each week, so the new listeners may not have heard this episode before. Two, I'll be a few reasons. One, we get a bunch of new listeners each week, so the new listeners may not

0:22.1

have heard this episode before. Two, even if you've been listening for a while, you may

0:27.4

have missed this episode when it originally came out. Or three, even if you've heard it before,

0:32.9

it can be a great episode to learn from again. If you've already heard this episode or you're not interested in

0:38.2

hearing it, feel free to just skip it. There's no harm in that, and you can pick up with our new

0:42.4

episodes next week. All right, guys, that's all I had for you for this new intro. Everything going

0:48.3

forward is going to be from the original show. Hope you guys enjoy it.

1:00.6

In today's episode, I chat with Andrew Gazdecki about what microacquire is, how he built it, and what his goal is with the company, how he thinks about smaller bootstrap companies

1:05.9

versus large venture-backed ones that are trying to be worth billions of dollars.

1:10.5

Why VC-backed companies generally get all the be worth billions of dollars, why VC-backed

1:11.5

companies generally get all the news coverage and what Andrew is doing to change this, and a bunch

1:16.2

more.

1:17.4

Andrew has been an entrepreneur for longer than he can remember.

1:20.7

He likes to build stuff, mostly companies, and tries to tell a story that goes beyond what

1:24.9

the company does to how it's changing markets.

1:28.2

He started two companies, business apps and altcoin.io, that have both been acquired.

1:34.6

Today, Andrew is the CEO of Microacquire, which is the only platform connecting startup buyers

1:40.2

and sellers anonymously. In 2014, his company was listed as the number two fastest

1:45.7

growing company in San Francisco by Inc. 500, and in 2017, he was featured in Inc.

...

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