#43: Success Won’t Fix You (What a $4B CEO Learned Too Late)

Before leading a $4B company, Adam Edmunds spent years trying to prove he was good enough. From cold emailing CEOs as a student to building his first company, his journey started with uncertainty and a relentless need for validation.In this conversation with Derek Andersen, Adam shares how he became CEO of Entrata, a platform powering over 20,000 apartment communities worldwide, raising $700M+ and reaching a $4B+ valuation. He breaks down what it really takes to scale a company at that level.Adam explains why relationships are the most valuable currency in business, how great leaders recruit over years, not weeks, and why reputation determines the ceiling of your success. He also shares hard lessons on hiring, culture, and long-term thinking.The episode goes deeper into identity, failure, and self-worth, why success doesn’t fix how you feel about yourself, and how learning to stop seeking external validation changed everything about how he leads and lives.Follow Adam - X (Twitter): https://x.com/adamedmundsFollow Derek - X (Twitter): https://twitter.com/derekjandersenEpisode Partners:Google for StartupsEverything you need to build and scale AI agents, from tools to expert guidance: g.co/startupagentguidePulleyManage your cap table with intuitive tools built to help founders make informed decisions without breaking stride: https://tinyurl.com/PulleyPartnerTimestamps:03:52 — The Power of Starting Before You’re Ready07:41 — Cold Emails That Changed His Life Forever12:58 — Building His First Company From Scratch18:36 — Inside a $4B Company (Entrata Breakdown)24:11 — How Great CEOs Think About Hiring Talent30:27 — Why Relationships Are the Ultimate Business Asset36:48 — Leadership, Culture, and Scaling Teams43:55 — The Hidden Cost of Success and Achievement50:12 — Why Success Doesn’t Fix Your Self-Worth56:34 — Redefining Identity Beyond Business1:01:22 — What Actually Matters at the EndFollow Divot:YouTube: https://www.youtube.com/@DivotpodX (Twitter): https://twitter.com/divotdotorgInstagram: https://www.instagram.com/divotpodTikTok: https://www.tiktok.com/@divotpodLinkedIn: https://www.linkedin.com/company/divotdotorgHashtags:#ceomindset #startupgrowth #scalingbusiness #founderjourney #leadershipskills #buildinginpublic #entrepreneurmindset #businessstrategy #personalgrowth #divotpodcast