123: Startup Growth Pains, Marketing Strategies, Buying & Selling Companies with Wil Schroter

The Foundr Podcast with Nathan Chan

Wil Schroter never set out to become an entrepreneur. In fact, he didn't have that much interest in business in the first place. But in 1995, he found himself in the office of his college guidance counselor saying that he was dropping out to start an internet company.

The question she asked wasn't why Schroter was quitting college, but what was this "internet" he was talking about.

A 19 years old, Schroter was one of the first handful of people in the world building successful businesses based on this world-changing piece of technology. While dropping out of college to pursue a career in entrepreneurship is pretty run-of-the-mill today, back in 1995 it was practically unheard of. Everyone around Schroter told him it was insane, that it'd be suicide, that he'd never make it.

Fast forward a little over 20 years, he now finds himself as the founder of several multimillion-dollar companies, including Fundable, the world's largest business crowdfunding platform, and the internationally renowned startup launchpad startups.co. It's been a successful journey since that guidance counselor's office.

Throughout his entrepreneurial career, Schroter has not only witnessed, but also participated in many of the world-changing impacts the internet has had. He's pretty much seen it all.

In this episode you will learn:

• How to survive a business with less than zero business experience
• The things you need to know on how to close more deals
• Learn how to build a community
• How to deal with growth pains effectively
• Tips on what it takes to build a successful company
• & more!