205: Finding a Mission and Making the World a Healthier Place, With Munjal Shah of Health IQ

205: Finding a Mission and Making the World a Healthier Place, With Munjal Shah of Health IQ

A health crisis that landed Munjal Shah in the ER turned out to be the catalyst for his next mission: making the world a healthier place. On the day Munjal Shah started running a 10K race back in 2010, he was on top of the world. Just the day before, he had sold his company to Google, marking his second successful exit. Then the chest pains started. Shah wound up in the ER, and while it didn’t end up being a heart attack, the incident was a sobering reminder that his own father had had one while in his 40s. It was a wake-up call for Shah, who was 37 at the time. He started focusing on his health, lost 40 pounds, and decided his next entrepreneurial endeavor would make the world a healthier place. “People always say, ‘Go find your mission,’” Shah says. He’s now the founder of a new and growing insurance startup called Health IQ, which encourages healthy behavior by taking a data-driven approach to its coverage. “I would say my mission found me.” Key Takeaways The journey that led to two successful exits (one was with Google) The unconventional, non-scalable hiring methods that led Shah to build A-player teams How Shah discovered his mission and how this fuels his startup’s success Shah’s top advice for founders looking to raise a round of financing When and how to pivot: the key to Shah’s successful track record Shah’s top tips for busy entrepreneurs (it has nothing to do with meetings, investors, or customers)

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126: Learn How  Kamakshi Sivaramakrishnan Quit Her Job to Launch One of America's Fastest-Growing Businesses

126: Learn How Kamakshi Sivaramakrishnan Quit Her Job to Launch One of America's Fastest-Growing Businesses

There are many reasons people choose to become entrepreneurs. Some want to make money, others want the freedom of owning their own businesses, and some, like Kamakshi Sivaramakrishnan, want to make an...

18 Jan 201746min

125: How to Build a Distributed Team for Fast Growth with Wade Foster of Zapier

125: How to Build a Distributed Team for Fast Growth with Wade Foster of Zapier

You can't talk about fast-growing SaaS (Software-as-a-Service) companies without mentioning Zapier. In about five years, they've amassed a customer base of over 1.5 million registered users, and grown...

11 Jan 201739min

124: What it Takes to Grow Multiple 7 Figure Online Businesses with Sol Orwell

124: What it Takes to Grow Multiple 7 Figure Online Businesses with Sol Orwell

Over the past 20 years or so, the common understanding of what an "entrepreneur" is has undergone some massive changes. It used to be that an entrepreneur was someone who wore a proper suit, courted i...

4 Jan 201746min

123: Startup Growth Pains, Marketing Strategies, Buying & Selling Companies with Wil Schroter

123: Startup Growth Pains, Marketing Strategies, Buying & Selling Companies with Wil Schroter

Wil Schroter never set out to become an entrepreneur. In fact, he didn't have that much interest in business in the first place. But in 1995, he found himself in the office of his college guidance cou...

22 Dec 20161h

122: How Timbuktu Labs Created the Most Successful Publishing Kickstarter Campaign in History (Crowdfunding Series Part 6)

122: How Timbuktu Labs Created the Most Successful Publishing Kickstarter Campaign in History (Crowdfunding Series Part 6)

After working in the children's media industry for over five years, there was something that was bothering Francesca Cavallo. She found herself asking the question: "Why does almost every princess in ...

15 Dec 201655min

121: How Willi Footwear Raised $36,232 to End Flip Flop Blowouts (Crowdfunding Series Part 5)

121: How Willi Footwear Raised $36,232 to End Flip Flop Blowouts (Crowdfunding Series Part 5)

A unique product snags attention. A boring product does not. Brad Munro says crowdfunding is most successful when you have the former—something innovative like Willi Footwear’s improved flip flops. “T...

8 Dec 201634min

120: The Master of Systems (Michael Gerber) Shares How to Scale Your Business

120: The Master of Systems (Michael Gerber) Shares How to Scale Your Business

Thirty years ago, Michael Gerber released a book called The E-Myth: Why Most Businesses Don't Work and What to Do About it. It carried within it lessons on what it means to be an entrepreneur, the imp...

1 Dec 20161h 6min

119: How Who Gives a Crap Raised $66,000 by Sitting on a Toilet (Crowdfunding Series Part 4)

119: How Who Gives a Crap Raised $66,000 by Sitting on a Toilet (Crowdfunding Series Part 4)

Simon Griffiths sat down for what he believed in and, it turned out, parking it on a toilet was an epic marketing win for a good cause. Griffiths and the team behind Who Gives a Crap toilet paper empl...

24 Nov 201625min

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