Get into the minds of breakthrough business leaders and entrepreneurs to explore their unique stories and ideas for the future. From devastating pitfalls to life-changing aha moments, hosts and serial entrepreneurs themselves Pete Sena and David Salinas push interviews past the surface for an in-depth, insightful glimpse at the future of business and brands. Take your seat at the table to hear guests recount their failures, re-live their midnight planning sessions, share their hopes & passions, and explain what’s next for their business, industry, and the world. Subscribe now and join us in becoming Forward Obsessed, and be sure to watch all the full video episodes on Youtube.
All content for Forward Obsessed is the property of Pete Sena and David Salinas and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Get into the minds of breakthrough business leaders and entrepreneurs to explore their unique stories and ideas for the future. From devastating pitfalls to life-changing aha moments, hosts and serial entrepreneurs themselves Pete Sena and David Salinas push interviews past the surface for an in-depth, insightful glimpse at the future of business and brands. Take your seat at the table to hear guests recount their failures, re-live their midnight planning sessions, share their hopes & passions, and explain what’s next for their business, industry, and the world. Subscribe now and join us in becoming Forward Obsessed, and be sure to watch all the full video episodes on Youtube.
Mike Lloyd: Building Resilience, Distribution, and Cyber Insurance Innovation // #61
Forward Obsessed
1 hour 43 minutes 11 seconds
9 months ago
Mike Lloyd: Building Resilience, Distribution, and Cyber Insurance Innovation // #61
Mike Lloyd’s entrepreneurial story began with a simple childhood side hustle—burning CDs for friends in his small Michigan hometown. That spark of ingenuity set him on a journey from studying at MIT and Harvard to launching and scaling companies that reshaped industries. In this episode of Forward Obsessed, Mike delves into the pivotal moments that defined his path, sharing the highs and lows of his journey.
He opens up about the painful lessons learned from his first failed startup and how he transformed those experiences into a winning formula for success. Mike reveals the critical importance of mastering distribution, his obsession with solving meaningful problems, and how COVID and Bitcoin propelled his cyber insurance company to the forefront of the industry. Whether you’re an aspiring entrepreneur or simply love a compelling story of resilience and growth, this conversation is full of inspiration and actionable wisdom.
🔎 Find Out More About Mike LloydLinkedIn: https://www.linkedin.com/in/mikelloydTwitter: https://twitter.com/MikeLloydCorvus Insurance: https://www.corvusinsurance.com
Chapters:00:00 - Introduction to Mike Lloyd04:10 - Small-Town Beginnings: Burned CDs & the Hacker Spirit08:45 - Learning Early Business Lessons13:00 - From Soccer Dreams to VMI and MIT19:30 - Why Engineering Shapes Problem-Solvers24:15 - The Shift from Academia to Startups29:00 - First-Time Founder Failures and Hard Lessons35:20 - Obsessing Over Distribution: A Game-Changer39:40 - Building Corvus Insurance with Phil Edmondson44:15 - The Role of Brokers in Insurance Distribution50:00 - Finding Product-Market Fit in Cyber Insurance55:30 - COVID as a Catalyst for Cyber Insurance Growth01:03:15 - Bitcoin’s Role in Cybersecurity’s Evolution01:08:20 - Fundraising Tips for Entrepreneurs01:14:45 - Partnering with Travelers: A Behind-the-Scenes Look01:22:30 - Lessons in Failure, Resilience, and Letting Go01:30:00 - Advice for Aspiring Entrepreneurs and Parents
🔗 Other Links & Resources:
Crossing the Chasm by Geoffrey A. Moore: https://www.amazon.com/dp/0062292986The Hard Thing About Hard Things by Ben Horowitz: https://www.amazon.com/dp/0062273205Measure What Matters by John Doerr: https://www.amazon.com/dp/0525536221
🔴 Support & ConnectForward Obsessed Website: www.forwardobsessed.comInstagram: https://www.instagram.com/forwardobsessed/TikTok: https://www.tiktok.com/@forwardobsessedLinkedIn: https://www.linkedin.com/showcase/forward-obsessed/
#entrepreneurship #startups #forwardobsessed
Forward Obsessed
Get into the minds of breakthrough business leaders and entrepreneurs to explore their unique stories and ideas for the future. From devastating pitfalls to life-changing aha moments, hosts and serial entrepreneurs themselves Pete Sena and David Salinas push interviews past the surface for an in-depth, insightful glimpse at the future of business and brands. Take your seat at the table to hear guests recount their failures, re-live their midnight planning sessions, share their hopes & passions, and explain what’s next for their business, industry, and the world. Subscribe now and join us in becoming Forward Obsessed, and be sure to watch all the full video episodes on Youtube.
