Dave Lukas Chats with Fred Cary
388: Mastering the Entrepreneurial Journey - Fred Cary's Blueprint for Startup Success and Scalability
This week’s Misfit Entrepreneur is Fred Cary. Fred is a Swiss army knife of entrepreneurship. He’s an internationally known entrepreneur, business thought leader, strategic consultant, attorney, and investment banker focused on building global companies from startup stage through exit and IPO or M&A.
He is the CEO of IdeaPros where he has overseen the development of over 250 startups in everything from finance to software, mobile technology to retail and more. At IdeaPros, Fred has created a unique model where they help fund and guide of the growth of businesses and take a minority stake in them.
I’m excited to talk with him about this model, but also his experience as an entrepreneur and how to succeed in your business.
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Fred shares his story from entrepreneur to overseeing the development of over 250 startups, touching on finance, software, mobile technology, and more. It has been a journey filled with twists and turns. Fred says it took decades of mistakes to shape his successful entrepreneurial journey and that perseverance and never giving up led to multiple successful exits.
What makes a great business that compels you to invest?
Distinguish between a founder and a leader. Why is this important?
What traits or habits should entrepreneurs develop for success?
Why is embracing competition crucial for business success?
How should the growth phase be navigated, especially during the transition from minimal bureaucracy to a more structured approach?
What, in your opinion, is the most common critical mistake entrepreneurs make, especially when it comes to aligning their products/services with customer needs?
Rapid Fire Questions for Best Practices in Each Area…
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