Growth Marketer @ Long Angle | Founder @ Maximize Media | Join 9,000+ HNW investors in our vetted, private community

Joined September 2013
I recently had some regrets about leaving my cushy job to pursue a startup (not mine). But here’s some reasons why this “mistake” turned out to be the greatest blessing. 🧵 / 10
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For most entrepreneurs, selling their business means walking away from the most important decision without always understanding what happens next. A private equity veteran who's been on both sides of the table is changing that conversation... Meet Eric Wiklendt, Managing Director at Speyside Equity. After building and selling a middle market manufacturing company in 2011, he's spent over a decade investing in businesses like the one he used to run, giving him a perspective many PE professionals don't have. In this conversation, Eric breaks down the realities of selling to private equity: three distinct exit paths, why operator backgrounds change everything, and the culture shock that catches founders off guard when growth-at-any-cost meets profit-focused management. He also shares insights on: - Why your desired involvement level matters more than valuation - How operator-led firms execute deals differently than traditional financial buyers - The 12-18 month reality before operational improvements become visible - What middle market manufacturing looks like in 2026 despite economic uncertainty Worth a listen if you're considering an exit, evaluating PE buyers, or curious about how middle market M&A really works. Full episode in the first comment 👇 #PrivateEquity #Manufacturing #MergersAndAcquisitions #Entrepreneurship #MiddleMarket #BusinessExit #OperationalExcellence #NavigatingWealth #LongAngle
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Former Marine Corps counterintelligence specialist and Intel 471 CEO Jason P. joins #NavigatingWealth to explain why most cybercrime is opportunistic, not targeted—and what individuals with $10-20 million in assets actually need to know about personal security. Jason also explores: - How modern ransomware crews operate like professional businesses - Why a password manager is your best defense - What keeps a cyber expert up at night as AI lowers barriers for bad actors at scale -- and more. Full episode 👇
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Hoffman's philosophy on success: "Success is not the destination. It's just the platform. It's the beginning because it's the platform that finally enables you to do the really cool stuff that matters."
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Enjoy this post? Follow @buildwithryan for more stories about founders, CEO's and unconventional thinkers.
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85% of startups fail because they build solutions for problems that don't exist. Priceline co-founder Jeff Hoffman cracked the code on identifying real problems and turning them into billion-dollar opportunities. 🧵
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His advice for young entrepreneurs: "Instead of sitting and wondering about what you like, just pick up a shovel and start digging. You got to try stuff. Thinking about it will never be the answer. Trying it is the answer."
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For problem-solution validation, talk to 50+ potential customers before building anything. 1. Assess willingness to pay. 2. Understand current solutions. 3. Evaluate frequency and urgency. These steps reduce both financial risk and wasted time.
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His 5-step problem discovery method: 1. Go where your customers are 2. Observe without agenda 3. Document frustration points 4. Validate pain intensity 5. Test solutions in context Don't theorize from your office; instead, go experience problems firsthand.
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Hoffman makes a crucial distinction most entrepreneurs miss: Marketing is linear (spend money → get proportional sales). Branding is exponential (creates inbound demand without direct spend). "Explosive growth happens when sales become inbound, not outbound."
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At Priceline, Hoffman applied three key principles: 1. Build small, great teams ("We don't need a big team, we need a great team") 2. Identify middleman inefficiencies 3. Create distinctive brand positioning ("Name Your Own Price" became the business model)
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His first startup didn't come from market research. It came from standing in a frustrating airport check-in line, directly experiencing a problem affecting millions of travelers daily: waiting in line to check in his bags. That observation led to airport kiosks.
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Most entrepreneurs start in the wrong place. They sit in their office trying to brainstorm problems to solve. Hoffman's approach: "The best, most successful entrepreneurs I know were not in their office. They were in the world."
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Most people chase startup growth with a “me first” mindset. @bfeld did the opposite. He built Techstars and countless startup communities by living one simple rule: Give First. This one truth separates successful founders from everyone else.🧵
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Follow @buildwithryan for more founder/CEO stories.
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