✎ Get free access to our vault of PDF summaries for every YouTube video here: https://believe.evancarmichael.com/the-vault
✎ Check out my NEWEST video: https://goo.gl/E0eE6m
✎ Andy Rachleff, co-founder of Wealthfront, shares powerful lessons from his journey as a venture capitalist and entrepreneur. Known for coining the term product market fit and investing early in companies like eBay, Twitter, Uber, and Snap, Andy explains how writing down your strategy forces clarity, why teaching deepens your own learning, and how asking tough questions can uncover blind spots. He also reveals how Wealthfront grew to manage over $35 billion in assets by focusing on vision, values, and organic growth.
✎ In this video, Andy dives into the importance of performance culture, intellectual curiosity, and learning the right lessons from both success and failure. He talks about the pivotal role of David Fortunado, who rose from junior engineer to CEO by consistently asking hard questions. Andy also recalls insights from Don Valentine of Sequoia Capital and explains how tools like spreadsheets changed entrepreneurship. Through personal stories, Andy shows how to stay honest about product market fit and why every successful business must pivot to thrive.
✎ You’ll learn how Andy built Wealthfront, what made Benchmark succeed across generations of partners, and why the Pareto Principle—where 20% drives 80% of results—guides every decision. He explains why joining a midsize company can be smarter than jumping into a giant like Google or Facebook, and why leaders must encourage curiosity in their teams. Whether it’s teaching, writing, or holding a mirror up to management, Andy Rachleff’s rules give practical strategies every entrepreneur can use to grow with clarity, discipline, and belief.
★ BOOKS ★
• Momentum: https://amzn.to/3kJZIAv
• Build to Serve: https://amzn.to/3XZiCSg
• Your One Word: https://amzn.to/3R9qVII
• The Top 10 Rules for Success: https://amzn.to/3JcNZVe
• 254 Confidence: https://amzn.to/3jdh9c2
★ RECOMMENDED VIDEOS FOR YOU ★
If you liked this video, you'll love these ones:
• Marc Andreessen's Top 10 Rules for Success - https://youtu.be/qbqdWd3Hv_E
• Ben Horowitz's Top 10 Rules For Success (@bhorowitz) - https://youtu.be/597rlkBd82U
• Reed Hastings's Top 10 Rules For Success (@reedhastings) - https://youtu.be/FbdxoqESGqU
✔ SOURCES ✔
https://youtu.be/xuIYmimvNc8 All Things Negotiation
https://youtu.be/pZksD3dq4gc Chris Hutchins
https://youtu.be/u1fPnoAF-2Y Fintech Nexus
https://youtu.be/cDZ8D-mSU3c This Week in Startups
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Evan
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