Sanjay Singhal - Founder of Audiobooks.com

The Casey Adams Show

Listener.com Podcast Network

Business, Entrepreneurship

4.8 • 637 Ratings

🗓️ 26 August 2024

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sanjay Singhal, founder of Audiobooks.com, shares his entrepreneurial journey and the lessons he learned along the way. He talks about the importance of self-awareness and recognizing one's limitations as a leader. Sanjay also discusses the future of AI and its impact on various industries, including therapy. He emphasizes the need for empathy and human connection, even in a world driven by technology. Additionally, he reflects on the acquisition of Audiobooks.com and the emotions he experienced during that time. Sanjay Singhal shares his experience of selling his company and the emotional rollercoaster that came with it. Sanjay also discusses his journey of writing a book and the fear of failure that held him back from promoting it. He emphasizes the need to be comfortable with oneself and to chill out and not get caught up in the ups and downs of life.

Learn more about Sanjay: https://sanjaysinghal.com/

Chapters

00:00 Introduction and Background

04:02 The Power of Domain Names

10:48 Lessons Learned from Bankruptcy

23:23 The Future of AI

27:44 Venturing into the Restaurant Industry

28:15 Navigating the Emotional Rollercoaster of Selling a Company

31:05 Finding Happiness in the Moment

36:10 Building Strong Relationships and Knowing When to Cut Them Off

46:15 Dealing with Failure and Learning from It

47:13 Staying Calm in the Face of Challenges

52:30 The Exciting Future of AI

Transcript

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0:00.0	Welcome back to the Casey Adams Show. Today we are joined by Sanjay Singh Haugh, the founder of
0:07.3	audiobooks.com. Sanjay, thank you so much for coming on the show today.
0:11.0	Oh, thanks for having me, Casey. I'm looking forward to this conversation.
0:14.5	Absolutely. So your story is quite incredible. I know you do much more nowadays, but bringing us back, you launched
0:23.9	a company, audiobooks.com, back in 2003, I remember seeing. And then you sold that business
0:30.3	in 2016. And one, I love the domain. As someone that has always been just a fan of social domains and valuing domains,
0:41.3	when I heard your story, I was like, wow, I cannot wait to hear, you know, why audio books at that time of launching the business.
0:47.9	But you're an incredible entrepreneur.
0:49.6	I want to give you an opportunity before we dive in deep into audiobooks of where you spend your time
0:54.6	now and then bring us back to, you know, what started this initial company drive for entrepreneurship.
1:00.8	Sure. Yeah, there's some, I think, fun answers to all of these questions. Where I am now is I've gone
1:07.4	through a big arc of activity in my career from Fortune 500 jobs to entrepreneurship
1:13.7	to bankruptcy, trying to be a professional poker player.
1:18.9	There's a lot of stuff.
1:20.0	And then after I sold my company, things actually got harder to figure out what to do
1:25.2	because now I had the money. I still wanted to be productive.
1:29.2	I felt guilty if I wasn't. Got into venture capital a little bit. And then I really started
1:34.7	focusing on giving my money away. And so I spent five years in philanthropy. That turned out to be
1:40.3	not as rewarding as I'd hoped. It had nothing to do with help. I feel like I helped a lot of
1:46.5	people, but it just didn't feel personally fulfilling. What are the metrics to know if you're
1:51.4	successful as a philanthropist? It's like, well, how much money did you give away? That's not a,
1:55.0	that's not a great metric. So then I settled back to thinking, well, what have I enjoyed doing in my past?
	...

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