Moe Abbas is the Co-Founder and CEO of Acadium, a company that matches emerging marketing talent with mentors looking to grow their business affordably. Acadium has raised $1M from top angel investors, and it has launched more careers in digital marketing than any other platform to date.
Entrepreneurial Role Models:
- Elon Musk
- Jeff Bezos
- Bill Gates
- Brian Chesky
- Travis Kalanick co-founder of Uber
- Local Entrepreneurs
When business started difficulties overcame:
“there’s a view big choices people have in life… I didn’t really understand this early on… And one is where you live. And that was very, very difficult for me to overcome. Because where you live, a lot of that is who you are going to hang out with and what are the opportunities around you. So, I grew up in a very poor upbringing and in a rough place where entrepreneurship wasn’t really a thing . Hustling was the thing. Like I guess if you are a hustler, you were an entrepreneur but it was all illegal activity ultimately which didn’t make a lot of sense to me as I got older and more educated and more breadth of experience, I realised it just makes no sense to do illegal things”…[Listen for More]
Favourite Books:
- Alchemist: A Fable about Following Your Dream Mass Market Book by Paulo Coelho
- You Are the Placebo: Making Your Mind Matter Book by Dr. Joe Dispenza
Favourite Quote:
- “Just do it”
- “Whether you think you can or not you are usually right”
- “A bird in the hand is worth two in the bush”
- “The longer it takes to close the less likely it is to close”
- “Whether you think you can or not”
Recommended Online Resources:
- Twitter – It’s what’s happening. From breaking news and entertainment to sports and politics, get the full story with all the live commentary.
- YouTube, LLC is an American video-sharing website headquartered in San Bruno, California. Three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—created the service in February 2005. Google bought the site in November 2006 for US$1.65 billion; YouTube now operates as one of Google’s subsidiaries.
- Wikipedia is a free online encyclopedia, created and edited by volunteers around the world and hosted by the Wikimedia Foundation
- Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware.
- Audible – Explore the world’s largest selection of audiobook titles by best-selling authors
- Podcasts
Best Advice to Other Entrepreneurs:
“Surround yourself with the right people. You can start a business with very little in today’s world. So just take some time and ask the right questions about your business. That’s probably the best thing, ask the right questions. Sit there and just hammer out questions. Why am I doing this? How big could it be? Who are my customers? Where are they? That would be the best advice I could give. ”…[Listen for More]
More About Moe Abbas:
Neil’s Quote at the Beginning:
“I always thought it was me against the world and then one day I realized it’s just me against me.” Kendrick Lamar
Other Quotes From the Chat with Moe Abbas:
- “I didn’t know what product market fit was. I didn’t know what distribution fit was. I didn’t know what founder market fit was. I didn’t know that all three of those you should really understand. I didn’t know that there was a really big difference in business models… I would encourage people to pick the right model. A profitable business model, that usually involves technology or maybe media or finance and then the right industry as well”
- “I’ve done really good over the years at cash flow management. I have never actually ran out of money which is good. I have come close many times. You have just got to keep your eye on how much cash you are bringing in and how much is going out of the company. And just be ready to make hard decisions when you need to”
- “There is no constant growth, its feast and famine quite often. You may have years of feasting but the famine will always come one way or another. So, you just need to be cognizant of that and aware on the cash flow side”
- “And the people side don’t hire too quick and don’t put too many people into leadership positions – you don’t need too big a leadership team. A small leadership team, hiring slowly, making sure everyone is a great fit for the company where it is at. And hire happy people”
Leave a Reply