Wolfgang’s Vault founder and CEO William Sagan shares his lessons with Vator. Wolfgang’s Vault has collected a library of live music performances. The
site hosts more than 1,000 live concerts spanning more than 30 years of
performances.
One lesson William shares is to keep smart people around. “Surround yourself with people who are smarter than you,” he said. We’ve heard this many times, including one time from Tibco CEO Vivek Ranadive.
Additionally, William says to focus on cash flow so that you’re “never at the mercy of bankers, investors.”Again, something we’ve heard time again, from entrepreneurs, such as Pete Vlastelica of YardBarker.
Finally, and importantly, William says to “never ever, ever, ever give up. It does happen when you’re an entrepreneur that it’s brightest right after that point in time when it’s darkest. Don’t ever give up if you believe in what you’re doing.”
Good stuff to keep in mind.
