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Podcast: My Worst Investment Ever Podcast
Episode: Guillermo Cornejo â Donât Underestimate the Value of Experience
Description: BIO: Guillermo Cornejo is the CEO of Riders Share, the Airbnb of motorcycles he started while attending grad school at UCLA.STORY: Guillermo had an insurance company handling claims for his customers. When he realized the insurance company had a 50% profit margin, he decided to start his own insurance business. This became a costly and challenging venture because he had no experience handling claims.LEARNING: Donât underestimate the value of experience. âWhenever somebody is talking to me about any industry, I'm all ears. I know I know nothing.âGuillermo Cornejo Gu...