When you think of startups you think of companies that are making a huge impact in the world. But when you think about someone taking the lead in helping hundreds of startups get going, that impact is multiplied. Today’s guest, Arjun Arora, is at the head of the startup incubator 500 Startups, and is working alongside some of the top entrepreneurs in Silicon Valley to create companies that truly will change the world. You can hear Tony’s conversation with him on this episode of Entrepreneur Unplugged
From Yahoo, to Zillow, to his own company.
Arjun Arora has spent a good deal of time in the business world. His experience at Yahoo and Zillow equipped him for some of the huge challenges he would have a head in starting his own business. As the head of the startup incubator 500 Startups, he has discovered that all of that experience has come back to him in ways that truly make a difference. On this episode of Entrepreneur Unplugged, Arjun shares some of the lessons he has learned over the years, including his biggest business disaster. It’s a great story you won’t want to miss.
Newly married and guiding startups to success at the same time.
In a very practical part of this week’s conversation, Tony asks Arjun about his experience being newly married and heading up a very large company that oversees the course of startups as they move toward success. He says that all comes down to priorities and making the commitment to devote the time necessary to the important relationships in your life. Anyone who’s willing to do that can be successful in both areas. There’s more very practical advice that you can glean from this conversation, so be sure to listen.Silicon valley #startup expert Arjun Arora, on this episode of #Entrepreneur Unplugged Click To Tweet
One of his biggest business disasters: Firing too slowly.
When it comes to the long-term success and health of a growing company, the team dynamics and chemistry are the biggest components of making those things happen. Today’s guest, Arjun Arora has learned the hard way that taking too much time in making a decision to let someone go is one of the worst things you can do. It only prolongs the problems you are already having, and the sad part is that most of the time you know in your gut what you should do anyway. Get some more advice from this skilled and experienced leader, on this episode of Entrepreneur Unplugged.
Be careful how you pass out the equity in your company.
When asked about the advice he has for up-and-coming business owners, today’s guest, Arjun Arora says that every business owner should be very particular about who the invite to the table of leadership within their company. Those positions are like giving away equity in your company, and you want to make sure that the people seated at that table can be trusted, understand your direction and vision, and are eager to invest themselves and their skills in building that vision into reality. It is sage advice that is only a taste of what you will receive by listening to this episode.Take very seriously who you give equity in your company to ~ Arjun Arora Click To Tweet
OUTLINE OF THIS EPISODE
- [1:15] Tony’s introduction of Arjun Arora and how they connected.
- [2:19] How Arjun got involved in the online space in the first place.
- [3:36] Arjun’s perception of what it’s like to build a company in silicon valley.
- [4:54] The things Arjun is working on to make a difference in the world.
- [6:19] How Arjun’s life has changed from the days when he worked for Yahoo.
- [7:37] Arjun’s non-work time: what does he like to do?
- [8:53] The daily rituals Arjun follows for success.
- [11:32] Arjun’s practice of “walking meditation” and hyper awareness.
- [13:40] Newly married and still working with startups.
- [15:25] Arjun’s biggest business disaster.
- [16:55] Big wins Arjun has experienced in his career.
- [17:45] How Arjun came to have some meetings at the UN and the White House.
- [19:47] Advice from his father that impacted Arjun on a deep level.
- [21:32] Arjun’s best advice for up and coming entrepreneurs.
- [24:39] How to connect with Arjun.
- [25:55] Arjun’s thoughts around Snapchat.
RESOURCES AND LINKS MENTIONED ON THIS EPISODE
Connect with Arjun
Email: arjun (at) 500.co
Arjun’s company – 500 Startups