From $0 To $170 Million In Three Years

Bloggingstocks.com:

It was only three years ago that Aaron Patzer started Mint.com, a free web-based financial planning site. In his mid 20s, he encountered much skepticism. But, this was no problem for Aaron. He realized he could make a difference.

And he certainly did. This week, he sold Mint.com for a cool $170 million to Intuit.

What can we learn from Aaron?

Here’s a look:

Solve a tough problem: In 2005, Aaron tried to use Quicken to do some budgeting. Unfortunately, it turned out to be a tedious process, as he had to go through bank statements and make various adjustments. Even though he had masters degrees in Computer Science and Engineering from Princeton and Duke, he still couldn’t figure some things out.

He realized that millions of other people probably had the same frustrations. So that’s when he got the inspiration for Mint.com: to create a free, easy-to-use web application that helps with budgeting.

Continue Reading: “From $0 To $170 Million In Three Years”

Photo by Mint.com.

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