Published On Nov 16, 2023
Eric Wei is the co-founder of Karat, a Startup providing Credit Cards to Content Creators. But before he raised $100M to start Karat, he collected achievements like infinity stones. Whether it was working at Blackstone, being a consultant at McKinsey, or serving as a product manager at Instagram, Eric has done it all.
Today, I sat down with Eric to talk through how the heck he managed to accomplish so much, how to figure out what you're truly passionate about, and so much more.
–
Check Out Karat: https://www.trykarat.com/
Subscribe to the Karat Podcast: / @trykarat
Follow Karat on IG: / trykarat
Follow Eric on IG: / erictway
–
⌚️Timestamps:
0:00 Eric Wei (Intro)
0:39 Was Any of This Worth It?
2:12 Is Entrepreneurship Right For You?
6:26 Let's Get Tactical
6:43 The Path To Getting Your Dream Job
8:51 How to Build Confidence
12:16 What is First Principles Thinking?
15:15 How To 𝘈𝘤𝘵𝘶𝘢𝘭𝘭𝘺 Start a Company
15:45 Why You Need A Cofounder
17:55 Talk To Your Users!!!
21:35 Karat's Market Entry Wedge
26:45 Virality + Solution = $$$
29:45 Karat's Plan To Dominate The Content Market
32:09 Creators Are The New Distribution Channels
33:50 Eric's Message To The World
–
Connect with me on LinkedIn: / johnghu
DM me on Instagram: / jayhoovy
–
Want to start monetizing your content? Check out my company, Stan:https://stan.store/
–