Learning From Your Mistakes with Rick Nucci

Episode of: The Journey

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May 9, 201914m | se1 : e23
Learning From Your Mistakes with Rick Nucci
May 9 '1914m | se1e23
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Rick Nucci (LinkedIn, Twitter) is the co-founder and CEO of Guru — an enterprise tool to unify knowledge across the teams in your company. But in the early 2000s, he was still working on his first business, Boomi, and he was having trouble getting along with his own team. He was just 24 years old. He loved living in Philadelphia, but he had no network of peers. He had to learn lessons on his own, the hard way.

When I started Boomi, I was 24 years old and I really didn't know what I was doing at all, to be honest… There was no Lean Startup, there wasn't any of that stuff. I think we hoped we'd build a cool big meaningful business… But a lot of naïvity, to be totally honest.

After parting ways with his co-founders, Rick rebuilt his company with a new team, a new sense of purpose, and a new trajectory. Boomi was reborn in 2005. They took a big bet on cloud integration — a technology that wasn’t yet proven — and it paid off. Boomi was acquired by Dell in 2010, 10 years after its founding. The acquisition provided Rick an opportunity that would soon be the focus of his next venture, Guru, which he is building today with all the lessons learned during the past decade.

Learn more about The Journey at mission.org/thejourney.

The Journey is sponsored by our friends at Salesforce Essentials. We use Salesforce Essentials every day and it’s part of our own business journey. Essentials combines sales and service tools in a single app to help small businesses win customers and keep them happy. See how Salesforce Essentials can help you be your best business at salesforce.com/thejourney

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