advice GoDaddy Billionaire Bob Parsons' 7 Tips For Entrepreneurs

[News]

Domain name registrar and Web-hosting firm GoDaddy was founded by businessman and philanthropist Bob Parsons in 1997. The colorful entrepreneur sold the majority of the firm to private equity investors in 2011 and stepped down as executive chairman in June 2014. The company went public on April Fool’s Day in 2015. While GoDaddy is still his largest investment, Parsons now owns shopping malls, motorcycle dealerships, an ad agency, a lending firm and Scottsdale National Golf Club. He introduced a new line of high end, pricey golf clubs, called PXG – Parsons Xtreme Golf, in April and has opened the world’s largest Harley-Davidson dealership in Scottsdale, Arizona.

It’s been a wild ride. Forbes spoke with Parsons recently to learn more about how he went from being “poor as a church mouse” living in inner-city Baltimore to one of the richest people in the world, worth $2.2 billion. Much of his success has come from his willingness to take risks and be risqué. He essentially took a relatively mundane business – domain names and Web hosting – and made it into a recognizable brand with help from controversial super bowl ads and Nascar driver Danica Patrick. Here are 7 lessons from Parsons, in his words...

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[Vinod R]

Inspiring

 

[Omar Negron]

Great article. Thanks for sharing. Needed to read something like this!

-Omar

 

[john_karr]

Thanks for sharing.