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Ep.45

Managing Multi-Million Dollar Exits with Entrepreneurial Grit

with Kate Watts

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Welcome!

I’m thrilled to have the sensational Kate Watts on the show today. Kate is a serial entrepreneur with multiple successful business exits under her belt. Today, we delve into her journey from growing up in an entrepreneurial household to her dominating the business world.

Kate shares intimate stories about her childhood, early exposure to entrepreneurial roles, and the impactful money messages she received at home. We also explore her experiences in high school and college, which shaped her work ethic and financial understanding, leading to her successful career start in New York City. 

Kate opens up about the ups and downs of founding her businesses, her approach to financial education, and the incredible journey of building and selling her company to The Atlantic. We discuss the importance of negotiating salaries, the significance of self-advocacy, and the criticality of having financial safety nets when branching off on your own business ventures.

She also shares her plans for future businesses, investments, and her perspective on leaving a legacy. This episode provides valuable insights on balancing ambition and financial responsibility, offering wisdom to both aspiring and seasoned entrepreneurs.

As a testament to her many successes in starting and selling businesses, since this episode recording, her agency, Long Dash, was also sold and acquired by 50,000feet. Talk about a full-circle moment!

Key Topics

  1. Kate’s early exposure to and love for entrepreneurship and its influence on her career path
  2. What it was like growing up with two entrepreneurial parents
  3. Being raised to think success was sexy and pushing for constant achievement
  4. Going to college and leaning into the social experience of it all
  5. Establishing herself in NYC and learning quickly that she had no concept of money
  6. Struggling to make ends meet but thriving in that struggle
  7. Learning to save and be more frugal with her money
  8. The different types of salary negotiations and how Kate learned to navigate them throughout her career
  9. Taking the leap to start her own business
  10. Putting emotional and financial safety nets into place as an entrepreneur
  11. Selling her first company to The Atlantic
  12. Investing in real estate and in starting other businesses
  13. Establishing the first half of her career vs. the second half
  14. Helping women get opportunities and creating things that generate growth

Connect with Kate Watts

Website: https://www.50000feet.com/

LinkedIn: https://www.linkedin.com/in/kateowatts/

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