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Ankur Nagpal offered Teachable to Hotmart for $250 million
When Ankur Nagpal instructed a room stuffed with startup founders that he by no means learn a ton of enterprise or self-help books, I knew no matter he’ll say subsequent shall be a studying for me. A recent tackle entrepreneurship from somebody who has been there and performed that.
Don’t learn any enterprise books. Learn books which can be enjoyable, light-hearted or inspiring — like fiction, novels, poetry, or drama.
— Ankur Nagpal
I’m paraphrasing a bit right here, however Ankur’s remark made me understand how totally different his strategy to entrepreneurship is. It is not one thing he ‘realized’ from books, however by following his intestine and curiosities.
Over the subsequent hour, Ankur shared his journey as an immigrant entrepreneur and candidly instructed the viewers all that he realized as an entrepreneur. These are the teachings that resonated with me essentially the most:
1) Don’t second guess your self
Self-doubt is such a recurring feeling amongst founders.
As founders, particularly first-time founders, we’re hungry to study. We’re keen to grasp from others’ experiences what to do and never do. Ankur got here from the identical place to begin as a first-time founder, and immigrant at that, who began a enterprise with out connections to the VC ecosystem.
He typically second-guessed himself earlier than taking a path along with his startup, Teachable. He all the time assumed veteran founders know higher. Whether or not it’s about pivoting, GTM methods, or fundraising, Ankur realized that even right this moment, as a second-time founder, he solely is aware of a lot.
Takeaway: You’ll be able to by no means have full and correct details about which subsequent step can be finest for your small business. As a founder, the perfect you are able to do is to guide together with your intestine and play to your strengths. Don’t second-guess your self.
2) Rent individuals you wish to be round
This is applicable to anybody you’re fascinated with including to your group, whether or not that may be a cofounder, founding member, or intern. It’s essential that you just rent somebody who not solely brings the best expertise but in addition good…
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