49-year-old started his business ‘to make $5,000 a month to survive, pay my mortgage'—he sold it for $100 million

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When tech CEO Tomas Gorny launched a web-hosting startup in 2001 after losing millions, his modest goals helped him build a better business, he says.

49-year-old started his business ‘to make $5,000 a month to survive, pay my mortgage'—he sold it for $100 millionstarted a tech business in 2001, he wasn't thinking about becoming a billionaire someday. He only needed a simple paycheck.

When Gorny started Ipower, he didn't have much money, he says — but knew how to build a tech company. The few people who signed up during Ipower's early days gave Gorny a livable income, he notes. Once he released his more developed products, Ipower started adding hundreds of new customers per day, he says.

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