In this episode we have Michael Berhane, a software engineer and founder of POCIT a career platform for the underrepresented in tech.
In this episode we discuss:
- How he scaled POCIT to 7 figures but then had to PIVOT the business
- Dealing with anxiety whilst growing the business
- How being a CEO is like being a parent
- Wealth building strategy to retire early
- Biggest surprises of 7 years of entrepreneurship
- How you're losing to people you're better than
- Impact AI will have in the next 5 years and more
Connect with Michael:
Instagram: https://www.instagram.com/michaelberhane_
Techish Podcast: https://www.youtube.com/@techishpod
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TIMESTAMPS
0:00 - Savvy Wallet Ad
0:18 - Preview
1:27 - Intro
2:03 - Meet Entrepreneur Michael Berhane
3:34 - Growing up in North West London
9:37 - How my life experiences shaped me
13:03 - Why I started POCIT
16:46 - Tide Ad
18:10 - How I made me first $100 with my business
21:06 - Why Entrepreneurs should build an audience first!
28:37 - The book that made me quit my job
31:24 - Key Challenges in building my business
37:18 - Founder should share their business with their employees!
38:40 - Pro’s and cons of having a team
42:57 - We generated 7 figures but then how to pivot our business
47:23 - Vision for my business
50:34 - Biggest surprises from 7 years of entrepreneurship
52:55 - Habits, skills that enabled my business to flourish
57:13 - Biggest adversity as an entrepreneur
1:05:00 - Ingredients of a successful entrepreneur
1:09:25 - My building wealth strategy
1:13:34 - Cons of my wealth building strategy
1:18:08 - The plan to retire early!
1:20:45 - Investing startups
1:23:45 - Why I invested in Tressly Co- Founder, Antoinette
1:27:26 - What impact will AI have on the next 5 years
1:32:42 - Final words