EP091: Lessons From a $50MM Exit w/ Gerard Adams (2017 Throwback)

In this episode, Daniel sits down with serial entrepreneur Gerard Adams to talk about his journey from zero to exiting his media company, Elite Daily, for $50MM in 2015. 

Gerard is the definition of New Wave, so tap into today’s episode and surf with us.

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IMPORTANT LINKS

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TIME STAMPS

  • (03:29) Stories about starting a bottled water brand
  • (06:44) Gerard’s creative process for coming up with business ideas
  • (11:01) What are some ways to start a business without a lot of start-up capital?
  • (13:50) You don’t need to be rich or famous to be a leader, you need courage
  • (19:00) Is live video the future of content?
  • (25:38) The content production game is a long-term game
  • (28:42) With age comes a lot of wisdom, patience and discipline
  • (34:21) Stop worrying about everybody else. It’s better for business.
  • (38:58) Entrepreneurship is an arena for self-development, self-awareness
  • (41:37) Gerard’s biggest challenges in life and business
  • (52:02) There is no better time in history to be a content creator and paving your own way
  • (59:41) Gerard sold his company and got…. DEPRESSED!
  • (01:05:27) The importance of social currency and focusing on the BIG picture
  • (01:15:42) Rapid fire questions and wrap-up.  Does Gerard believe in aliens? What’s the biggest problem business owners face in their personal relationships? 


Disclaimers

None of the contents of this show should be taken as financial or legal advice. The New Wave Entrepreneur is educational and entertainment content only. Remember: always DYOR!

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