$60M Exit, $526M IPO, and Using AI to Scale with Joe Stolte
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Today, I’m joined by Joe Stolte, a serial entrepreneur, growth coach, and the CEO of Daily.ai, a company that helps brands publish AI-powered email newsletters that generate 40-60% open rates without writing a single piece of content.  As a program manager at Microsoft in his 20s, Joe was making over $250,000. But as an entrepreneur at heart, he knew he couldn’t ignore the call to go out on his own. After his first attempt at raising outside capital left Joe $37,000 in debt, he learned from his experience, going on to found 5 companies and exit 3. Joe is also a former Inc 500 entrepreneur who helped create a $60M+ exit at GrowFlow, helped take Lottery.com public at $526M, and helped grow Tractionology Group to producing $44M in client revenue in 3 years. In today’s episode, you’ll hear Joe’s firsthand experience about the pros and cons of bootstrapping vs. fundraising. You’ll also learn a step-by-step process for fundraising (even if you don’t have high-powered connections), how to set up powerful introductions to investors with deep pockets, and how to use AI to boost your revenue — not just your dopamine. Key Takeaways with Joe Stolte Being predestined for entrepreneurship Quitting a $250K job to pursue a calling How breakdancing set Joe up for success Keeping your identity in new environments Tips for raising for a Series A How to set up impactful introductions The pressure that comes with outside money Going from $0 to $1.5M ARR in 14 months What should you not use AI for? Advice for entrepreneurs in their 20s Get the full show notes here: https://beyondamillion.com/131 Subscribe to the Podcast We hope you enjoy this episode and that you find some golden nuggets within this interview. Trust us, it's there! If you want episodes delivered straight to your inbox, consider subscribing to the show and we'll email you each time a new episode is released! Thanks for tuning it & keep being awesome. BAM! 💥
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