214: Nailing Product-Market Fit and Building a Successful Startup, With Legendary VC and Wealthfront CEO Andy Rachleff

214: Nailing Product-Market Fit and Building a Successful Startup, With Legendary VC and Wealthfront CEO Andy Rachleff

Andy Rachleff is not just a product expert; he literally coined the term “product-market fit.” Wealthfront CEO, former VC backing companies such as eBay, Uber, and Twitter, and technology entrepreneurship instructor at the Stanford Graduate School of Business, Rachleff has a wealth of knowledge on creating and scaling powerful companies. I was excited to have the chance to pick his brain on everything from product-market fit, to how he started his company Wealthfront, to how he hires the best of the best to join his team. In this interview, you will gain access to a true master, who has enjoyed a long career of investing in legendary companies and now gives back to today’s entrepreneurs and investors. Rachleff started his company Wealthfront, an automated investment service that manages $11 billion in assets, as a way to perform a social good by democratizing sophisticated financial advice. In our discussion, he was kind enough to divulge some of his wins and losses and top lessons learned in his storied entrepreneurial career. Enjoy! Key Takeaways How to know when you’ve reached product-market fit The process Rachleff follows every time he builds a new product How to know when it’s the right time to launch a new product (or let go of a failing one) How to maintain a close-knit startup culture as the company grows Why perseverance does not lead to success in technology (and what does) What type of people he looks for and the three biggest things that make people to want to join his team Key Resources From Our Interview With Andy Rachleff Follow Andy on Twitter Learn more about Wealthfront here

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439: Why You Should Spend Decades on a Problem with Gusto Co-founder Josh Reeves

439: Why You Should Spend Decades on a Problem with Gusto Co-founder Josh Reeves

Josh Reeves and his fellow co-founders wanted to tackle a problem they could spend decades fixing. But they didn’t want to solve something for Silicon Valley–it had to affect the masses. In Reeves’ ex...

14 Joulu 202243min

438: How Nick Mowbray Built ZURU into a Multibillion-Dollar Toy Company

438: How Nick Mowbray Built ZURU into a Multibillion-Dollar Toy Company

Mowbray is the co-founder of ZURU Toy Co., ZURU Edge, ZURU Tech, and Rhodes Pet Science. In 2018, he was named Entrepreneur of the Year in his home country, New Zealand, and he’s listed in the World E...

10 Joulu 202257min

437: The Product Development Playbook with Kian Golzari

437: The Product Development Playbook with Kian Golzari

Sourcing specialist Kian Golzari returns to the podcast to discuss how to develop a product from research to launch. Golzari is one of the world’s top sourcing experts. He has manufactured products fo...

30 Marras 202246min

436: Why It’s OK to Quit with GrubHub Founder Mike Evans

436: Why It’s OK to Quit with GrubHub Founder Mike Evans

If you don’t know Mike Evans, you’ve probably used his first business when the craving for takeout hits you on a Saturday night. Evans started GrubHub in 2002 as a hobby and built it into one of the l...

23 Marras 202248min

435: How to Create High-Converting Webinars with Casey Zeman of EasyWebinar

435: How to Create High-Converting Webinars with Casey Zeman of EasyWebinar

If you've hosted a webinar or live event that fell flat, then this episode is for you. Casey Zeman is the CEO and founder of EasyWebinar, a live-stream platform and marketing automation tool. As a for...

18 Marras 202252min

434: Building a Beauty & Community Empire with Trinny Woodall

434: Building a Beauty & Community Empire with Trinny Woodall

Following a 20-year career in media, Trinny Woodall established herself as the expert in all things style, skincare, and makeup. Inspired by her unique design of stackable makeup pots, she established...

10 Marras 202258min

433: How to Create Momentum with Magnus Grimeland of Antler

433: How to Create Momentum with Magnus Grimeland of Antler

After graduating from Harvard Business School alongside future tech giants like Mark Zuckerberg, Magnus Grimeland traveled the world as a consultant for McKinsey. After exploring Southeast Asia, he de...

7 Marras 202247min

431: Breaking Down Barriers Led to Billions with Alex Bouaziz of Deel

431: Breaking Down Barriers Led to Billions with Alex Bouaziz of Deel

Some might say Alex Bouaziz, cofounder and CEO of Deel, was simply in the right place at the right time. Deel, an international payroll, compliance, and HR solution, launched in 2019 and, by May 2020,...

28 Loka 202243min

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