From Idea to Exit: Breaking Down the Business Life Cycle

Konrad Billetz has built and led several startup companies over the past decade, including his current company Outliant, and has received many distinctions for his entrepreneurial work, including an appearance on Shark Tank, being listed on Forbes 30 under 30 list, and being featured in numerous media outlets including Forbes and Entrepreneur. First, we talk about Konrad’s unique career journey and what a typical day in the life of a busy startup founder like Konrad looks like. Next, we break down the different stages of a typical business life cycle: from formulating an idea, to creating a business model, to looking for funding and scaling, to finally finding an exit opportunity. Finally, Konrad shares his unique perspective on failure and how it is necessary to succeed when starting a company, and he also provides fun insight into what it is like to pitch on the reality TV show Shark Tank.