{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63d3ad1a963ae60011f9ff7f/662e47b73922620013bd5104?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"I Turned Down a Job That Would Have Made Me $50 Million","description":"<p>I Turned Down a Job That Would Have Made Me $50 Million. In this interview, serial entrepreneur Rom Lakritz shares the story of turning down a co-CEO role at an early-stage startup that is now pre-IPO—a decision that cost him a potential $50 million payday. He discusses the psychology behind making such a high-stakes choice and why he doesn't regret it. Rom, who has sold a company, taken another public , and raised $15 million for his current venture, also details the emotional toll of selling his first \"baby\",  and how the buyer had to triple their offer to get him to say yes. Finally, he explains his powerful distinction between honesty and integrity, and why integrity is the more important virtue for any leader. Check out the company: https://sayanchor.com</p><p><br></p><p>Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory</p><p><br></p><p>👀 CONNECT WITH SEAN</p><p>Subscribe: https://www.youtube.com/@seanweisbrot</p><p>LinkedIn: https://linkedin.com/in/seanweisbrot</p><p>Inquiries: welivetobuild@gmail.com</p><p><br></p><p>🕒 CHAPTERS</p><p>00:00 - The Psychology of a Serial Entrepreneur</p><p>02:35 - My First Business Was Selling Flowers at Age 12</p><p>05:49 - Why Integrity Is More Important Than Honesty</p><p>08:30 - Bootstrapping vs. Raising $15 Million</p><p>11:45 - When to Hide Problems From Your Investors</p><p>14:50 - The Right Way to Manage Investor Expectations</p><p>17:44 - Knowing When to Shut Your Company Down</p><p>20:47 - The Agony of Selling Your \"Baby\"</p><p>24:11 - The $50 Million \"Mistake\" I Don't Regret</p><p>27:36 - How We React to Market Chaos</p><p>30:41 - My Team Stops Me From Moving Too Fast</p><p>33:42 - The Evolution of a CEO: Learning Self-Control</p><p><br></p><p>📈 WORK WITH ME</p><p>▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory</p><p>▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate</p><p>▶ My AI/Automation Agency: https://optimai.ai</p>","author_name":"Sean Weisbrot"}