Episode 66 - Unlocking Entrepreneurial Insight with Alex Prasad

The Andrew Holland Podcast

GUEST: Alex Prasad, an early-stage business and M&A attorney with a deep entrepreneurial background.
Alex’s Contact Info: [e-mail] | Linked In: in/AlexPrasad
As CEO of a startup sports technology company, Alex brings a unique perspective to his legal practice, blending his experiences as both an entrepreneur and a legal professional. The conversation delves into Alex's journey from television production to law school to entrepreneurship, exploring the intersections between entrepreneurship, risk-taking, deal-making, and legal insight. Alex and Andrew discuss the importance of understanding and managing risks in entrepreneurship, the human aspect of deal-making, and the innate traits that drive individuals toward entrepreneurship. Alex shares personal anecdotes and insights, shedding light on the complexities and rewards of the entrepreneurial path.
Takeaways
• Alex Prasad's journey spans TV production, law, and entrepreneurship, culminating in his role as CEO of a startup in sports tech.
• Alex's blend of entrepreneurship and legal savvy offers clients practical insights over legal minutiae.
• The conversation delves into risk-taking in entrepreneurship, stressing the importance of managing risks while promoting calculated leaps.
• Deal-making is seen as a human-driven process with legal implications, underscoring the need for effective risk management, especially in M&A.
• Alex's TV and entrepreneurship background highlights the significance of variability and urging aspiring entrepreneurs to evaluate their motives.
• Alex and Andrew discuss the risks and rewards of entrepreneurship, exploring traits and influences shaping entrepreneurial journeys.
• The discussion emphasizes the importance of understanding risk, reward, and personal motivations in entrepreneurship, considering external factors and individual temperament.
Chapters
0:02 Entrepreneurship, law, and taking informed risks.
4:28 Risk management in entrepreneurship and deal-making.
8:30 Career paths, and life experiences.
13:36 Risk-taking, and the factors that influence success.
17:55 Entrepreneurship, growth, and balancing humanity.
22:39 Challenges and human element.
28:38 Negotiation, and understanding the other side's perspective.
33:15 Building trust and aligning interests in business deals.
39:36 Aligning interests in business transactions.
45:19 Entrepreneurship, deals, and turnarounds.
51:40 Entrepreneurship, fear, and taking risks.
59:46 The importance of focus in business with limited resources.
1:06:20 Resource abundance and entrepreneurial maturation.
1:09:35 Focus and discipline in entrepreneurship.
1:12:35 Career development.
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