Business
"Just f*cking do it" Alborz Fallah founded CarAdvice.com at 21 years old in his parent’s spare bedroom, with $35. A decade later in 2016, the company was acquired for a reported $35m. The actual sale price was north of $60m. For this episode, we sit down with Alborz to discuss how he built CarAdvice from scratch, why the status quo must be challenged & his best advice for aspiring entrepreneurs. To learn more about Alborz, you can follow him @alborzfallah. If you’d prefer to watch instead of listen, head over to my YouTube channel @carterlagana. Timecodes: 4:31 | An incredible business that never was 10:40 | How hard Alborz worked in school 14:20 | The premise for CarAdvice 16:15 | Why Alborz could never be an employee 18:25 | The day Alborz quit 20:15 | The importance of passion in business 26:07 | Don’t posture, actually do 29:18 | Vision boards 31:28 | The best time to work hard 35:44 | Why goals matter 39:39 | How Alborz met his first business partner 43:53 | A quote Alborz will never forget 45:32 | Aim high early, then leverage your results 50:39 | Impact of the GFC 52:47 | Culture 57:00 | Discovering a few extra 0’s in your bank account 1:04:41 | Alborz’s best piece of advice for young entrepreneurs Credits: Filmed & edited | @joelweaverfilms Produced | @menaalexander Set | @harryfairman Crew | @nathantartaglia If you’d like to keep tabs on what I’m up to, you can find me @carterlagana on all social media platforms.