Explore popular quotes and sayings by an American businessman Andrew Mason.
Last updated on November 21, 2024.
Andrew D. Mason is an American businessman and entrepreneur. He is the founder and former CEO of Groupon, a Chicago-based website offering users discounts on local businesses and scholarships. He is also the founder and CEO of Descript, an audio editing tool for podcasters.
Most small business owners are not particularly sophisticated business people. That's not a criticism; they're passionate about cutting hair or cooking food, and that's why they got in the business, not because they have an MBA.
Am I as experienced, or mature, or smart as others CEOs? No probably not, but there's something, I think, very useful about having a founder as the CEO.
I just like to build things and do things.
Life is not about money.
In terms of fear, I still am most afraid of Freddie Kruger.
If I could get a deal on whatever my impulse was, whenever my impulse struck, and it was nearby, I would use that all the time. It would reshape the way that I shop.
If you look at Myspace, Facebook was a better product. It's as simple as that.
Yeah, it turns out that guys don't like deals on laser hair removal or pole dancing lessons.
I own over four ties.
Groupon as a company - it's built into the business model - is about surprise. A new deal that surprises you every day. We've carried that over to our brand, in the writing and the marketing that we do, and in the internal corporate culture.
I think I was probably that kid in the neighborhood who you could expect once or twice a year to be knocking on your door trying to sell you something stupid.
I didn't realize how hard it was to run a small business.
If I told people that I knew what I was doing, nobody would believe me, so why even try and fake it?
If you have a great business, if you're great at your craft people should be coming in there. It shouldn't be this secret.
One of the things I realized... is how few success stories there are in websites or products or businesses that exist primarily for an altruistic purpose.
Everybody loves a deal on a restaurant or skydiving or laser-hair removal.
In music, which was my world before, you've got thousands and thousands of years of great ideas that have already been thought of. But the internet is basically 20 years old. So you can be way stupider and still have world-changing ideas.
When you think of couponing, you picture a mom cutting coupons out of the back of the newspaper.
One of the challenges of innovation is figuring out how to wipe your mind clean about what you should be doing at any given moment, and not having a religious attachment to what's gotten you there thus far.
I've been very lucky, from the beginning. I've found that as long as you're fundamentally good - as long as you're not being bad to people - people give you a lot of room to be yourself, because being yourself is being honest. And that's what people want to see.
The experience is fundamentally different for buying from local businesses than it is for buying consumer goods.
I don't get stressed out.
The list of companies that have added their own financial metrics is not a savory group.
Once you have something so deeply infused in your culture and your brand, it would be very difficult to reverse that inertia if you wanted to.
The popularity of Groupon has almost rendered the group-buying element of it obsolete, because we're able to deliver so many customers that the merchants are very happy with even the smallest number that we can provide.
Local commerce, without question, will be one of the fundamental use cases enabled by mobile devices over the next several years.
I'm just not used to talking that much about myself. It feels strange.
I find myself using the word 'executives' now.
I'm going to continue doing my thing and work my butt off to add value for shareholders and as long as they and the board see fit to keep me in this role, I feel enormously privileged to serve.
I look at being a capitalist businessperson like riding a bike - if I go too slowly, I'll fall over. Or it's kind of like a shark: if I stop swimming, I'll just die.
I can't predict the future.
If you're open with people and provide context for the decisions that your making, customers will stick with you.
All the trends show that email usage among the younger cohorts of Internet users is declining. Whether it will take five or 30 years for email to go extinct, I'm not sure.
There are over 2,000 direct clones of the Groupon business model. However, there's an equal amount of proof that the barriers to success are enormous. In spite of all those competitors, only a handful are remotely relevant.
If you don't have those moments where you go too far, then you're probably not going far enough.
I think the big thing about Groupon is just people had never seen anything grow quite so fast.
One thing I've come to learn about myself is that I have to keep going.
You've got to go out there and kill what you're going to eat.
I feel like clout is something that builds up on your teeth.
Life is too short to be a boring company.
Local businesses have never had a great way to get customers in the door.
I'm appalled that an industry has grown around teaching a practice as wholesome and spiritual as yoga, so I decided to create my own free video to help people get started.
A lot of people can raise money.
I think if there's any difference between me and a traditional CEO, it's that I've been unwilling to change myself or shape my personality around what's expected.
Generally, what people tend to underestimate is the cyborg nature of Groupon. We are a company that has the DNA of being both a technology company and a heavily operational company.
Most of the time, the things that really change the world exist for something fundamentally selfish and then the world-changing ends up being a side-effect of that.
After four and a half intense and wonderful years as CEO of Groupon, I've decided that I'd like to spend more time with my family. Just kidding - I was fired today.
If you laugh a lot, when you get older your wrinkles will be in the right places.
If dandelions were hard to grow, they would be most welcome on any lawn.
It takes some experimentation to figure out what people like and don't like.
I'm weird. But I'm a pretty serious person.
I never thought of myself as an entrepreneur before I started this. I just like to build things.
Globally local commerce is a $12 to $14 trillion market. If we get 10 percent of that, we'll be very happy.
Flowers are a proud assertion that a ray of beauty out values all the utilities of the world. If dandelions were hard to grow, they would be most welcome on any lawn.
Admit your errors before someone else exaggerates them.
We can't be afraid to be weird.
In the arts they call it plagiarism, in business they call it competition.
You're building a tool, not a piece of art. Don't be blinded by the vision.
Sainthood emerges when you can listen to someone's tale of woe and not respond with a description of your own.
Hire great people and give them freedom to be awesome.