Get All Access for $5/mo

The Three Things a Startup Needs The chairman of Google's parent company Alphabet Inc. shares insights on what he looks for when investing in companies.

By David Meltzer

Opinions expressed by Entrepreneur contributors are their own.

John Hennessy is the chairman of Alphabet Inc., Google's parent company. In this episode of #ThePlaybook, Hennessy talks with host David Meltzer about the "formula" companies need to be great, what he looks for when evaluating a startup and why you shouldn't focus on your legacy too early in your career.

Hennessy talks about his childhood, including his parents and his five siblings' influence on him. He speaks to the importance of doing great things for customers and employees for businesses.

Hennessy discusses what he looks for in startups when evaluating whether and how much to invest in them, namely their technology, the risk associated with the business and team risk — whether the company's management can handle change and growth.

Hennessy talks about legacy and why focusing on it too early in your career could make you risk-averse. He also paraphrases his favorite Socrates quote, which relates to legacy.

Relate: The Story Behind the E! Network

David Meltzer

Co-Founder of Sports 1 Marketing, Speaker, Author and Business Coach

David Meltzer, co-founder of Sports 1 Marketing and host of Entrepreneur's podcast, “The Playbook”, is a Top 100 Business Coach, global public speaker and three-time international best-selling author who has been honored by Variety as “Sports Humanitarian of the Year”.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

Business News

You Can Now Apply to Renew Your U.S. Passport Online — But There's a Catch

The U.S. State Department officially launched the beta program this week.

Business News

Sony Pictures Entertainment Purchases Struggling, Cult-Favorite Movie Theater Chain

Alamo Drafthouse originally emerged from bankruptcy in June 2021.