This week how success happens, we spoke with Adam Wexler, CEO and co-founder of PrizePicks. Mr. Wexler has had an impressive career and I was curious to learn more about his journey to becoming an entrepreneur and the secret to his success.
You can listen to the full conversation above, and we’ve excerpted three key takeaways below. I hope you find inspiration from Wexler as much as I do.
Learning from early ventures
Mr. Wexler honed his entrepreneurial skills with early ventures such as GoRankem and expanded his expertise by serving Fortune 500 companies at Insightpool. “One thing that’s been consistent in each of my chapters as an entrepreneur is that I tend to be good at blending different concepts from different industries,” he says. .
“By 2014, Insightpool was generating millions of dollars in revenue and had become one of Atlanta’s fastest growing companies,” Wexler continues. “At the end of the day, I’m an entrepreneur first and foremost. He also had two other business concepts that he thought through and decided to sow those seeds.”
Love what you do, you don’t have to love what you do
When Wexler was just starting out, he was told to “do what you love.” Although he loved the sports industry, he didn’t want to start a job recruiting sports teams and making $10 an hour. “Personally, I think the much better advice is to love what you do,” he says. “You can love your job in many different industries, but there are limits when you are told to do what you love.”
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Be passionate about everything
PricePicks was born as a result of Wexler’s passion for sports and innovation coming together. And the product he was looking for was not available on the market. “While we loved the premise of Daily Fantasy Sports, we hated the execution. That led us to simplify the concept and make it more accessible to the masses,” he says. “I think we were largely successful with this.”
Related: 3 secrets to success from the 4-time founder who revolutionized the hair industry
