How Ring Founder Jamie Siminoff Went From Near Bankruptcy to a $1 Billion Sale to Amazon | Inc.com
The inventor shares how his business struggles paved the way for runaway success.
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The inventor was on the verge of bankruptcy when with his Wi-Fi-enabled video doorbell and was roundly rejected. He went on to receive from billionaire Richard Branson and eventually sold his company to Amazon in a 2018 blockbuster deal. This high-profile entrepreneurial journey has shaped his perspectives on failure and success. He shared his story in a recent exclusive livestream event on Inc.com with Beatrice Dixon, co-founder and CEO of The Honey Pot Company, a feminine-products company. Failure is not an endpoint. Every time I hit the bottom, thats when I learned the most to get to the top again, says Siminoff. That thing that hurt so much, if you took that away, maybe you wouldnt have learned all this stuff. Here are some takeaways from the interview. Think long-term. Asked whether business
