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The Wolf's Den

Ilya Pozin | The $300 Million Secret to Startups | The Wolf's Den #92

The Wolf's Den

Jordan Belfort

Society & Culture, Business

4.71.2K Ratings

🗓️ 27 October 2020

⏱️ 65 minutes

🧾️ Download transcript

Summary

Ilya Pozin, Founder of Pluto TV (acquired by Viacom for $340 million), shares the secret science to building massively profitable startups. After three successful exits of his own, plus more than a decade of scaling companies owned by his clients, Ilya has an astute process he shares on this podcast for predicting the viability of any company, including yours.


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Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys J.B. here, the Wolf of Wall Street in the Wolf's Den for another awesome

0:10.3

episode of the Wolf's Den Podcast. I have a great guest today. Another friend of

0:17.0

mine very very successful young guy. Some of you were gonna know him. He's more

0:20.5

of behind the scenes guy but he's an extraordinary businessman. He's more of behind the scenes guy, but he's an extraordinary businessman. He's had multiple cash outs.

0:26.3

His last one was close to 400 million to Viacom for a company he founded called Pluto TV.

0:34.8

This is actually a streaming service,

0:36.8

but it's really functions the way old-fashioned TV is,

0:39.8

where you just go on and things are already playing,

0:41.9

but it's on platforms as a really

0:44.4

brilliant idea and I think what you get to see with Ilia is that he does things

0:49.7

in a way that allows him to take the same methodology to any business, any industry, and scaling it.

0:58.4

There's one word that would really describe Ilia, to me at least would be scaling.

1:03.7

He's an expert at scaling businesses.

1:07.2

And that's an important thing because I always say remember when it comes to making money

1:10.9

building a business.

1:11.9

There's two sides to this equation. One side is you

1:14.6

have to fail elegantly. How do you go into business and be wrong and essentially minimize

1:21.6

on the financial loss,

1:23.2

on the amount of time you lose,

1:24.7

yet maximize on the lessons learned

1:26.7

because the lessons are in the failures.

1:28.4

Any rich person will tell you that.

...

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