πŸ† Best of Outliers 2020 – Carey Smith: Lessons Learned Building a $500M Business

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By Mighty Publishing LLC and Daniel Scrivner. Discovered by Player FM and our community β€” copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

To close out the year, we're replaying the most popular episodes of Outliers in 2020. Coming in 2nd place is Carey Smith, the Founder and CEO of Big Ass Fans responsible for growing the company from $0 to $500 million. We cover the lessons he learned building a $500M business, including the importance of brand building and endless iteration.

β€œI think in some ways it's trite, but you really do learn an awful lot from failures. And the other thing you get from a failure β€” or certainly I did β€” was the fear of completely wasting my life. That was a much greater fear β€” to imagine that you wouldn't accomplish much of anything was just more than I could bear and what it moved me to was looking for other opportunities.” β€” Carey Smith

In this episode of Outliers, I catch up with Carey Smith, the founder of Big Ass Fans, an industrial, commercial and residential fan manufacturer. We discuss where the name β€œBig Ass Fans” came from, how his company evolved and catered to its customers and employees, and his simple but brilliant secrets to finding success.

Carey founded Big Ass Fans in 1999, and over the span of 20 years, he grew the company from $0 to $500 million. During that time, the company was lauded for its stellar treatment of employees, impressive growth without outside investors, and amazing customer service. After selling the company in 2017, Carey moved on to found the business incubator Unorthodox Ventures, where he helps disruptive founders build successful brands and companies.

Full show notes with selected links, quotes, and more:

https://www.danielscrivner.com/notes/carey-smith-outliers-show-notes

The full transcript can also be found here:

https://www.danielscrivner.com/notes/carey-smith-outliers-transcript

Explore more guests and episodes at danielscrivner.com/podcast.

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