GoDaddy Billionaire Bob Parsons' 7 Tips For Entrepreneurs

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GoDaddy Billionaire Bob Parsons' 7 Tips For Entrepreneurs
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in 1997. The colorful entrepreneur sold the majority of the firm to private equity investors in 2011 and stepped down as executive chairman in June 2014. The company went public on April Fool’s Day in 2015. While GoDaddy is still his largest investment, Parsons now owns shopping malls, motorcycle dealerships, an ad agency, a lending firm and Scottsdale National Golf Club.

Then one day an epiphany happened. This guy parked my car who could not have been happier. I kept thinking he’s probably broke, but he’s happy as a lark. Yet here I was with $6 million and I was miserable. It was at that moment that I decided I would not shut down GoDaddy. Instead, I decided that if it didn’t work out, I would park cars or work as a stickman at a craps table in Las Vegas. So I strapped myself to the mast - if the company sunk I’d go down with the ship.

Janet Jackson had a wardrobe malfunction the previous year so we decided to do a spoof on her. We set it up in a fake court room and got a well-endowed young lady to wear a tight t-shirt with the GoDaddy name on the front. Her tank top strap popped. You see nothing. At first the network approved it, then they bounced it. A week before the Super Bowl it was approved for two spots.

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