He Killed Off A $30 Million Business—And Thrived!

Problem Solvers - A podcast by Entrepreneur.com - Mondays

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Andy Monfried's company Lotame was thriving, but he saw trouble on the horizon: His industry was changing. Lotame was a major player in the complicated world of digital advertising, and although there was plenty of growth still to be had and plenty of money still to be made, Andy knew that his company's long-term future was going to be rocky. So he made a difficult, gut-wrenching decision. This is the story of how he took such a big risk, and why it paid off.