How to Pivot

The Constantly Innovative Entrepreneur with Hamid Shojaee


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In This Episode, You Will Learn:

Hamid’s journey from creating a product as a side hustle, to scaling and selling multiple companies.

That you don’t always have to be “right” in business to grow.

 

Resources + Links:

 

Follow Hamid on Twitter @hamids https://twitter.com/hamids

 

Follow Hamid on LinkedIn https://www.linkedin.com/in/hamidshojaee/

 

Check out this book mentioned in the episode:

Good to Great by Jim Collins https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996

Connect with Sharon on Instagram | @sharonbondurant_ig

LinkedIn | https://www.linkedin.com/in/sharonbondurant/

 

Find more resources on our website 

https://www.the-finders.com/

www.how-to-pivot.com

 

Show Notes

We’re back with self proclaimed “software guy”, startup investor, Founder and CEO of Savvy Trader, Hamid Shojaee! We initially connected through my recruitment agency and now I’m excited to share our conversation as Hamid shares his story from side hustle to scaling and exiting multiple companies! Hamid shares some leadership tips from making decisions fast, and why most of the time you aren’t going to be right, in fact you don’t need to be right all the time as you scale! Hamid also shares a huge pivot when he had to convince his team to switch focusing and investing in a product that was making millions in revenue, to a new product that was making zero. Tune in for some amazing tips on acting fast, and staying sharp in your craft, always ready to pivot!

 

01:15 Meet self proclaimed “software guy” Hamid Shojaee.

03:30 How many employees did you have at Axosoft?

06:20 Ups and downs over the years as you scale a business.

09:15 Revenue doesn’t equal profitability.

13:00 Navigate shifting the focus from one product that was making multi millions in revenue to a new product that was making zero.

16:00 How have you evolved and helped your development team keep up with new technology?

18:15 After selling two companies, what makes you want to do it all again?

19:40 The top two things to focus on when starting a new company or creating a new product.

21:40 How important is it to make decisions quickly?

23:30 Are there traits you’ve had to become good at in business that you didn’t naturally have?

28:15 What mentors and books have impacted you on your journey?

33:15 How can we connect with you?

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How to PivotBy Sharon Bondurant

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