83: From Bankruptcy to $20m exit with Tim Fargo of Tweet Jukebox

83: From Bankruptcy to $20m exit with Tim Fargo of Tweet Jukebox

It's not easy to admit when you're wrong, but you'll rarely find a better time than when you're filing for personal bankruptcy. That's what Tim Fargo of Tweet Jukebox had to do when he was a young man in 1991 and found himself a little too in over his head. But today he's the founder of one of the most exciting and innovative social media automation engines in the world, right after selling his previous company for $20 million. So how does someone go from bankruptcy to $20 million? Well, you do it by paying attention and learning from your mistakes, which is exactly why Tim is where he is today. He's experienced both the lowest and highest points any entrepreneur can go through and he's walked away from a better businessman and all the wiser for it. We're very lucky to share with you today this episode of the Foundr podcast, in which he talks openly about the lessons he's learned throughout his career and all the different pitfalls and traps you need to avoid. If you ever wanted to learn from someone with over 25 years of highs and lows in the world of entrepreneurship, you don't want to miss this one. In this interview you will learn: What it's like to file for bankruptcy and how to recover from it The do's and dont's of cash flow management How to keep yourself in check and on the right track when starting a business The key steps to growing your business rapidly What you can learn from going broke & much more!

Episoder(587)

172: Finding A-Grade Talent on a Bootstrapped Budget with Cyan Ta'eed of Envato

172: Finding A-Grade Talent on a Bootstrapped Budget with Cyan Ta'eed of Envato

For any startup to be successful, it's going to need an amazing team. It's why Fortune 500 companies are willing to pay their executives so much, and invest millions of dollars into finding and hiring...

1 Nov 201750min

171: Shark Tank's Janine Allis Shares Her Secrets for Growing a Startup With Zero Funding

171: Shark Tank's Janine Allis Shares Her Secrets for Growing a Startup With Zero Funding

Despite being a prolific investor as one of the judges on Australia's Shark Tank, Janine Allis would rather sell her family home than seek investor funding. How do we know? Well, that's precisely what...

13 Okt 201743min

170: Building a Multimillion-Dollar Startup on Amazon Sales, with Jungle Scout’s Greg Mercer

170: Building a Multimillion-Dollar Startup on Amazon Sales, with Jungle Scout’s Greg Mercer

Greg Mercer built an entire lifestyle business without having to build his own products, distribution network, or even an online store. Instead of creating his first business from scratch, Mercer took...

13 Okt 201756min

169: Billionaire Business Lessons with Shark Tank’s Mark Cuban

169: Billionaire Business Lessons with Shark Tank’s Mark Cuban

Mark Cuban is a very busy man. As one of the star judges of the hit show Shark Tank, Cuban has invested in nearly a hundred different startups that have appeared on the program. That's not even mentio...

11 Okt 201732min

168: How Owning Less Can Reward You With More. Redefining Success With Joshua Fields Millburn

168: How Owning Less Can Reward You With More. Redefining Success With Joshua Fields Millburn

Often as entrepreneurs, we envision success as owning more objects, like a fancy watch, a big house, or a fast car. But what if there were a more authentic, more enriching version of success? One that...

4 Okt 201751min

167: How Entrepreneurs Can Change the World, with Leila Janah of Samasource

167: How Entrepreneurs Can Change the World, with Leila Janah of Samasource

Great entrepreneurs have that rare ability to take risks that others find crazy, coupled with a single-minded determination that allows them to bring their visions to life. But some of us want to do m...

27 Sep 201741min

166: How to Build a Billion Dollar Mobile Gaming Company From Scratch, with Holly Liu of Kabam

166: How to Build a Billion Dollar Mobile Gaming Company From Scratch, with Holly Liu of Kabam

Ask yourself, just how many hours have you sunk into that palm-sized rectangle of plastic, metal, and glass known as the smartphone? As the co-founder of Kabam, one of the world's leading companies in...

21 Sep 201744min

165: Marketing Guru Neil Patel on Why Building a Personal Brand Was His Biggest Mistake

165: Marketing Guru Neil Patel on Why Building a Personal Brand Was His Biggest Mistake

After 16 years in the game, Patel has established himself as one of the most prolific marketers in the world. Hundreds of thousands of entrepreneurs eagerly await his latest blog post, video, or produ...

15 Sep 201735min

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