DeepSummary
The podcast episode features an interview with TJ Jiang, CEO of AvePoint, a company that provides data management solutions for the Microsoft cloud. Jiang shares his journey from being a new immigrant to the US at age 11, not knowing English, to having a successful career on Wall Street and eventually becoming an entrepreneur by co-founding AvePoint.
Despite facing adversity in the early years of AvePoint, with the company not making any revenue for the first three years, Jiang and his co-founder persevered, driven by the thrill of creating something new and learning in real-time how to build a global business. Their big break came when Microsoft released SharePoint, and AvePoint became the only provider supporting migration and backup for the platform.
Jiang discusses the lessons learned from taking AvePoint public, the importance of discipline and predictability as a public company, and the continued strong demand for digital transformation solutions despite the current economic uncertainty. He also shares his perspective on the future growth potential of AvePoint and his favorite productivity hack of listening to podcasts during long runs.
Key Episodes Takeaways
- TJ Jiang's journey from being a new immigrant to becoming a successful entrepreneur and CEO of AvePoint.
- The challenges and adversity faced by AvePoint in its early years, including not making any revenue for the first three years.
- The importance of hard work, perseverance, and seizing opportunities in entrepreneurship.
- The impact of Microsoft SharePoint on AvePoint's success and growth.
- The lessons learned from taking a company public, including increased discipline, predictability, and scrutiny.
- AvePoint's focus on digital transformation and cloud data management solutions, positioning the company for continued growth despite economic uncertainty.
- Jiang's perspective on the current economic environment and the potential for a recession.
- Jiang's personal productivity hack of listening to podcasts at an accelerated speed during long runs.
Top Episodes Quotes
- “I think America remained to be the best country where if you work hard and seize opportunity, you will be able to get ahead in life. So, yeah, that's part of the american dream.“ by TJ Jiang
- “My advice to entrepreneurs and companies that want to contemplate going public is that it's a very different thing from going private to public. You obviously have the massive megawatt attention and detailed analysis. Being a public company, every quarter you have to talk to analysts. They have their own models in your company. What that does is actually it forces you to be much, much more disciplined in your business.“ by TJ Jiang
- “And my life hack is to listen to podcasts while I do my long runs, and I actually listen to them at 1.6 x speed. So I actually get a lot of knowledge intake during my long runs. Not only does it actually help me and reset my mind, but also I get to learn about, you know, current events, I learn about, you know, what NASA is doing.“ by TJ Jiang
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Episode Information
Absolute Return Podcast
Accelerate Financial Technologies Inc.
11/7/22
On today’s podcast we welcome special guest, AvePoint CEO TJ Jiang. AvePoint is the largest data management solutions provider for the Microsoft cloud.
On the show, TJ discusses:
- His journey from new immigrant, to Wall Street, to successful entrepreneur taking his company public
- How he made it through the adversity when founding the company
- Lessons learned from taking his company public
- His thoughts on the current recessionary economic environment
- And more