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cover of episode Greatest Hits #1 - Turning it Around: From Failure to a $100m+ Success

Greatest Hits #1 - Turning it Around: From Failure to a $100m+ Success

2021/5/3
logo of podcast My First Million

My First Million

Shownotes Transcript

Suli Ali is one of the most interesting founders we’ve had on the pod.

Suli and his brother Moiz have started and sold $300m worth of companies. They’ve also invested in hundreds of big-name startups, thousands of real estate deals, and much more more.

He built small, silly apps. Like a Facebook app survey where you voted “most likely to wear a bunny costume”. Yet...it turned into a huge success. How?

When he sold his first company, it was doing $85 million in revenue and $15 million in profit.

In this episode, we discuss his journey from making $76k a year at Microsoft to selling his first company for $100,000,000+.



Show notes:

  • 8:05 - Shaan predicted this podcast would be successful...he was right!

  • 9:55 - Suli’s parents encouraged him to start a company...and why that’s important.

  • 24:25 - Meeting Naval - is he legit?

  • 27:25 - Getting grilled by Keith Rabois

  • 41:25 - Listen to Suli’s confidence and how he explains starting stuff and how he deals with downs.

  • 1:02:25 - Risking his life savings to make his company work (then selling it for $100m).