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#315. I Scaled & Sold My Tech Business for £90M - Alex Packham

by Eventful Studios

Dodge Woodall's Eventful Lives

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This episode is titled:

#315. I Scaled & Sold My Tech Business for £90M - Alex Packham

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Notable Quotes

"To be happy, you have to know who you are."
"You’re looking for a market of want. Most people are going to say no."
"Nothing changes, but everything changes."
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Episode Summary

In this episode, Alex Packham recounts his entrepreneurial journey, which began with the founding of ContentCal, a marketing platform aimed at social media management, addressing the gaps he identified in existing products. After raising $14 million and growing to over 5,000 global customers, Alex sold ContentCal to Adobe for approximately $110 million in 2021. He reflects on the challenges of entrepreneurship, including the mental health issues he faced after the sale, leading to an identity crisis and depression.

Despite the success, Alex emphasizes the disconnect between financial accomplishment and personal happiness. He explains how post-sale life led him to question his purpose and happiness, eventually inspiring him to join Jack, a mental health platform. He aims to positively impact mental wellness through the platform and seeks to scale Jack significantly to reach more individuals by focusing on personal well-being and self-knowledge.

The episode delves into the concepts of entrepreneurship, mental health, and the importance of genuine human connection. Alex underscores the need for better education in life skills and wellness, advocating for teaching mental health awareness to young people. He maintains that business can be a powerful force for good, allowing for innovations that can change lives while building fulfilling lives for oneself and others.

Key Takeaways

  • Entrepreneurship can lead to identity crises and mental health challenges, even after financial success.
  • Having a clear understanding of one’s purpose and values is vital for long-term happiness.
  • The education system should equip students with practical life skills, including mental health awareness.

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