Dare to Disrupt Episode 18: Rapidly Failing, Scaling, and Succeeding with Serial Entrepreneur Bill Seibel

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Bill Seibel is a serial entrepreneur, and has played a role in 14 startups: five as founder and CEO, five as CEO, and another four as an operating executive.

He is currently the Founder and CEO of Gumball, an advisory firm that has helped more than 80 CEOs scale their company rapidly by ensuring that their strategy, customer value proposition and go-to-market model are aligned to achieve their growth goals. Bill recently published his best-selling book, “Press Go! Lessons Earned by a Serial Entrepreneur” to share both the business and life lessons that he’s earned throughout his career.

In this episode, Bill shares his experience turning a failing forecasting software company around into the top restart company of the year, as well as how he built an extremely impactful but financially failed professional services company – and why he sees it as his greatest success.

At the end of the episode, Noah Wiggins, a recent Penn State graduate, joins the conversation. He is the founder of Preventi, a mobile health intervention designed to increase medication adherence and health literacy for patients. He is a current participant in Invent Penn State’s Summer Founders Program.  Bill talks to Noah about breaking into the healthcare tech startup space, as well as how to prioritize multiple entrepreneurial endeavors. 

Episode Chapters

0:00 – 6:29 Choosing to study engineering at Penn State

6:29 – 10:59 Leaving corporate to make an impact

10:59 – 17:01 Building a consulting company based on what they didn’t like

17:01 – 20:41 12 slide pitch for $100 million investment

20:41 – 27:48 Learning from the mistakes and failures of first startup

27:48 – 29:23 Inspiration behind launching Gumball

30:21 – 33:55 Pitching Mobiquity – mobile devices as a means for running a business

33:55 – 36:37 Knowing when to turn down an offer

36:37 – 37:15 Tell us about your book – Press Go, Lessons Earned by a Serial Entrepreneur

37:15 – 44:29 Student section

37:55 – 40:25 How to know when to choose a project, and when to step down

40:25 – 42:18 How do long-term members of healthcare tech space view young startups

42:18 – 44:29 When is the right time to get an MBA?

About Bill Seibel

Bill Seibel is a serial entrepreneur, and is currently the Founder and CEO of Gumball. He graduated from Penn State with a degree in engineering, and received his MBA from Carnegie Mellon. 

Download full episode transcript

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Dare to Disrupt is a podcast about Penn State alumni who are innovators, entrepreneurs and leaders, and the stories behind their success. Learn more.