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We Study Billionaires - The Investor’s Podcast Network

TIP189: Ian Siegel - Founding a Billion Dollar Company (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 6 May 2018

⏱️ 41 minutes

🧾️ Download transcript

Summary

On today's show, we talk to Ian Siegel. Ian is the founder and current CEO of the billion-dollar tech company, Zip Recruiter. Ian built the company from nothing in 2010 and has now served over 120 million customers. On today’s interview, we talk to Ian how he did this. We ask him what advice he can give to other people that are also trying to grow their own business from the ground up and how they will know if they have a winner on their hands. Before founding his current company, Ian was also an executive at Stamps.com and eBay during the key developmental growth of those businesses. So with all this experience and knowledge of taking start-ups all the way to the top, I think you’ll really enjoy this interview with Ian. Well, without further delay, we bring you a wealth of experience from Ian Siegel. 

In this episode, you'll learn:

  • Why market validation is more important than raising money and building a team.
  • Why you should only offer new products that cater to at least 50% of your customers
  • Why matching on the job market is done through a computer algorithm, and how to benefit from that
  • The one thing that employers and employees do wrong in the hiring process 

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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TI-P.

0:03.0

On today's show, we talk to Ian Siegel.

0:05.3

Ian is the founder and current CEO of the billion-dollar tech company, Zippercruder.

0:10.6

Ian built the company from nothing in 2010 and has now served over 120 million customers.

0:17.1

On today's interview, we talk to Ian about how in the world he did this.

0:20.8

We ask him what advice he can give to other people that are also trying to grow their own

0:24.6

business from the ground up and how they'll know if they have a winner on their hands.

0:28.9

We're founding his current company Ian was also an executive at stamps.com and eBay during

0:34.2

the key development growth periods of both of those businesses.

0:37.8

So with all his experience and knowledge of taking startups all the way to the top, we

0:42.1

bring you a wealth of experience from Ian Siegel.

0:48.7

You are listening to the Investors podcast where we study the financial markets and read

0:53.8

the books that influence self-made billionaires the most.

0:57.0

We keep you informed and prepared for the unexpected.

1:04.0

Alright, so Ian, thank you so much for coming on the show here.

1:14.0

We know your schedule is packed.

1:15.6

You're a very busy person.

1:17.0

So we just want to thank you for taking time out of your busy day to be with us.

1:20.0

Oh, thanks for having me, guys.

1:22.4

So Ian, let me start by saying that we're really excited to have you here.

1:25.8

But the thing that I am excited to talk to you about is you're a guy that's really

1:30.2

been playing at the top of the game and not just for the last couple years, but for a

...

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