Peter Yared has a wealth of experience as an entrepreneur. Not only has he built and sold six different B2B enterprise companies (making more than $500 million in exits), but he’s also lived through three different recessions and managed to stay afloat through them all.In this conversation with our CEO Nathan Chan, Yared dives deep into the world of software businesses and takes us through his process of coming up with an idea, turning it into a company, and successfully selling it. He also explains the most important lessons from the three previous recessions he’s lived through, as well as what he’s learned during the current pandemic.Whether you’re an engineer who wants to step into the world of entrepreneurship or a business owner who is struggling with the impact of Covid-19, this episode is jam-packed with helpful knowledge!If there’s any other type of content you’d like to see that would be valuable to you during this time, please don’t hesitate to reach out at support@foundr.com.Key Takeaways

How Yared initially fell in love with programming

Yared’s journey to building and selling six B2B enterprise companies

Why software businesses usually end up being bought out

An overview of Yared’s most successful exits

How Yared decides when to turn an idea into an actual company (and why he prefers to call them “projects”)

The importance of being part of trends

Why Yared’s last five projects started off self-funded

Yared’s best advice for engineers

The idea of push vs. pull selling

Why Yared doesn’t believe the superior product always wins

How to use an engineering perspective to successfully go to market

How Yared managed the impact of Covid-19 for his global company

Yared’s best advice based on his experience with multiple recessions, and how the current pandemic compares