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I Turned Down a Job That Would Have Made Me $50 Million
I Turned Down a Job That Would Have Made Me $50 Million. In this interview, serial entrepreneur Rom Lakritz shares the story of turning down a co-CEO role at an early-stage startup that is now pre-IPO—a decision that cost him a potential $50 million payday. He discusses the psychology behind making such a high-stakes choice and why he doesn't regret it. Rom, who has sold a company, taken another public , and raised $15 million for his current venture, also details the emotional toll of selling his first "baby", and how the buyer had to triple their offer to get him to say yes. Finally, he explains his powerful distinction between honesty and integrity, and why integrity is the more important virtue for any leader. Check out the company: https://sayanchor.com
Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory
👀 CONNECT WITH SEAN
Subscribe: https://www.youtube.com/@seanweisbrot
LinkedIn: https://linkedin.com/in/seanweisbrot
Inquiries: [email protected]
🕒 CHAPTERS
00:00 - The Psychology of a Serial Entrepreneur
02:35 - My First Business Was Selling Flowers at Age 12
05:49 - Why Integrity Is More Important Than Honesty
08:30 - Bootstrapping vs. Raising $15 Million
11:45 - When to Hide Problems From Your Investors
14:50 - The Right Way to Manage Investor Expectations
17:44 - Knowing When to Shut Your Company Down
20:47 - The Agony of Selling Your "Baby"
24:11 - The $50 Million "Mistake" I Don't Regret
27:36 - How We React to Market Chaos
30:41 - My Team Stops Me From Moving Too Fast
33:42 - The Evolution of a CEO: Learning Self-Control
📈 WORK WITH ME
▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory
▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate
▶ My AI/Automation Agency: https://optimai.ai
Hosted on Acast. See acast.com/privacy for more information.
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By Sean Weisbrot
5
77 ratings
I Turned Down a Job That Would Have Made Me $50 Million. In this interview, serial entrepreneur Rom Lakritz shares the story of turning down a co-CEO role at an early-stage startup that is now pre-IPO—a decision that cost him a potential $50 million payday. He discusses the psychology behind making such a high-stakes choice and why he doesn't regret it. Rom, who has sold a company, taken another public , and raised $15 million for his current venture, also details the emotional toll of selling his first "baby", and how the buyer had to triple their offer to get him to say yes. Finally, he explains his powerful distinction between honesty and integrity, and why integrity is the more important virtue for any leader. Check out the company: https://sayanchor.com
Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory
👀 CONNECT WITH SEAN
Subscribe: https://www.youtube.com/@seanweisbrot
LinkedIn: https://linkedin.com/in/seanweisbrot
Inquiries: [email protected]
🕒 CHAPTERS
00:00 - The Psychology of a Serial Entrepreneur
02:35 - My First Business Was Selling Flowers at Age 12
05:49 - Why Integrity Is More Important Than Honesty
08:30 - Bootstrapping vs. Raising $15 Million
11:45 - When to Hide Problems From Your Investors
14:50 - The Right Way to Manage Investor Expectations
17:44 - Knowing When to Shut Your Company Down
20:47 - The Agony of Selling Your "Baby"
24:11 - The $50 Million "Mistake" I Don't Regret
27:36 - How We React to Market Chaos
30:41 - My Team Stops Me From Moving Too Fast
33:42 - The Evolution of a CEO: Learning Self-Control
📈 WORK WITH ME
▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory
▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate
▶ My AI/Automation Agency: https://optimai.ai
Hosted on Acast. See acast.com/privacy for more information.