Blog

Life Changing Conversations for Entrepreneurs

Ted Leonsis 3 Rules on Building an Extraordinary Business

Ted Leonsis 3 Rules on Building an Extraordinary Business

Ted Leonsis has a track record of success:

· His first company, a database publisher, sold for $65 million
· RedGate Communications, his second startup, sold to AOL. Ted then helped lead AOL, growing from a small company to multi-billion dollar success
· His third company, Revolution Money, sold to AmEx for $300M+

Add in a few more credentials: Ted is Vice chairman of Groupon and owner of Verizon Stadium and the Washington Capitols. In this interview Ted shares his findings for making your own startup a success:

1) It’s about speed, not analysis. Too many entrepreneurs do not act quickly enough.
2) If you want to build an extraordinary business – not an ordinary one – being first to market is a good thing. Beyond that, you have to learn how to scale quickly, going from niche to mass market. And casting a good team is essential.
3) Final point: focus on a vital few things that are important to your customer.

Watch now to hear three clear rules you can apply right now.


About Robert Jordan

Robert Jordan has been launching and growing companies and helping other entrepreneurs do the same for the past 20 years. He has authored book and audio series including How They Did It: Billion Dollar Insights from the Heart of America (RedFlash Press), featuring 45 leading company founders who've created $63 billion in value from scratch, and How They Did It Nightingale-Conant audio program . His startup, Online Access, the first Internet-coverage magazine, landed on the Inc. 500 list of fastest growing companies. His newest endeavors are RedFlash, a strategy execution team, and The Association of Interim Executives, which champions interim management as its own global specialty. You can also find Robert on Google+ and Twitter. View all posts by Robert Jordan

Leave a Reply

Categories

Guide to Success

Sign Up Now to Receive:

  • The Billionaires' Guide to Entrepreneurial Success
  • Exclusive content and outtakes from the How They Did It founders
  • News and updates including practical advice from top entrepreneurs