Join us in this revealing episode as we delve into the compelling money mindset of Jason Fried, co-founder of Basecamp, one of the world's largest software companies—a multi-billion dollar enterprise. We distill the essential financial nuggets from our podcast, covering a broad range of topics from managing money and setting goals, to Jason’s unique perspective on business, investments, and entrepreneurship.
Tracing the company's journey from its humble beginnings in 1999, Jason candidly shares his philosophy towards risk, profitability, and growth. He believes in reducing complexity and keeping things simple to ensure sustainability. In his words, “We've tried not to be stupid,” where 'stupid' is defined as putting the business's continuity at significant peril.
The episode provides powerful insights into his quintessential 'anti VC' business model. This includes his belief in self-sustainability, the importance of profitability and not bowing down to external pressure—no matter how lucrative the offer. According to Jason, external investments often strip entrepreneurs of their freedom and flexibility, driving them to work for the investors rather than their dreams.
Listen to Jason's fascinating take on competition, his lack of concern for market share, and the secret to his thriving, fully remote team. His words are a wake-up call for start-ups pressured into chasing rapid growth and phantom targets dictated by investors. This unconventional yet successful approach towards business development is a testament to the power of steady growth, introspection, and prioritizing autonomy over external validation.
If you're an entrepreneur or someone interested in deciphering how a simple business model could yield a billion-dollar company, this episode is a must-listen. Dive into Jason Fried's compelling narrative and unravel the secrets to his financial success in Episode 559 - 'No Goals, No Outside Money, and Small Teams of Two Built This Billion Dollar Company with Jason Fried'.
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
Google Podcasts: bit.ly/TheBusinessMethodGooglePodcasts
Spotify: bit.ly/SpotifyTheBusinessMethod
Amazon Music: bit.ly/AmazonTheBusinessMethod
HP#43 ~ Top Books From a Billion Dollar Woman ~ Janice Bryant Howroyd
Ep.505 ~ He Has 2.2 Million Followers on Clubhouse - Should You Be Using it? ~ James Andrews
HP#42 ~ Practical & Tangible Miracles ~ Hal Elrod
HP#41 ~ High-Performance & Psychedelics ~ Steven Kotler
Ep.504 ~ Building a 9-Figure Online Company ~ Dan Roitman
HP#40 ~ Overcoming Racism & Sexism in a High-Performing Business World ~ Janice Bryant Howroyd
HP#39 ~ You Only Have 20 Investments in Your Life ~ Jim Rogers
HP#38 ~ Balancing Time & Relationships ~ Hal Elrod
HP#37 ~ Choosing What Problems to Focus On ~ Steven Kotler
Ep.503 ~ Applying FBI Expert Negotiation Skills in Business ~ Brandon Voss
HP#36 ~ Optimizing Your Living Environment
HP#35 ~ Never Compromise Who You Are Personally to Become Who You Wish To Be Professionally ~ Janice Bryant Howroyd
Ep.502 ~ Using the Uber Model For Other Industries ~ Bryan Clayton, founder of GreenPal
HP#34 ~ Crisis & Opportunity Are The Same Thing ~ Jim Rogers
HP#33 ~ Authentic Service Cannot Be Ignored in Business Today ~ Hal Elrod
Ep.501 ~ How to Get People to Sell Your Product ~ Hanieh Sigari
HP#32 ~ Why Empathy is So Important ~ Steven Kotler
HP#31 ~ How to Get Happy Neurochemicals to Balance Your Brain
Ep.500 ~ What It's Like Building a Podcast w/500 Episodes & Chris' Journey
HP#30 ~ Larid Hamilton on Flow-States
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show