Tim Milazzo Shares How He Turned Down an 8-Figure Offer, Then Lost Everything.

About this episode

Tim Milazzo shares his journey of building a startup, turning down a significant acquisition offer, and the lessons learned from losing everything.

Guest: Tim Milazzo - Founder, Salt and Wisdom Consulting Tim Milazzo shares his 8-year startup journey from Inc 5000 (#777) to losing everything. He raised $3.5M, grew revenue from $1M to $7M, turned down an 8-figure acquisition offer, and ultimately exited for nothing. Now he's writing "How Not to Founder" and sharing hard-won lessons about entrepreneurship, faith, and family. Key Takeaways: Sell your idea before you build it - customer validation beats product developmentRevenue ≠ profit - ...

People in this episode

Host: Rob Pene

Guest: Tim Milazzo

Topics covered

• entrepreneurship
• startup journey
• business lessons
• customer validation
• profit vs revenue

Keywords

• startup
• entrepreneurship
• business growth
• acquisition
• customer validation
• profit
• loss

Mentioned in this episode

Organizations: Salt and Wisdom Consulting, Inc 5000

Books & works: How Not to Founder

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