S2 E4. The Rug Pull Playbook:The Entrepreneur's Journey with Adrian Bortignon

June 22
47 mins

Episode Description

What do you do when the entire industry you've built your career in disappears from under your feet? For Adrian Bortignon, co-founder of Kongo Group, this "rug pull" experience wasn't just a crisis—it became his playbook for agility and survival.
In this deeply honest conversation, Sean Dunne sits down with Adrian to explore a 15-year entrepreneurial journey that began with a "white-knuckle ride." Adrian shares the unfiltered story of going from a two-person income to zero while starting a family, the immense financial pressure of the first six years, and the persistence fueled by a desire for one thing: choice.
He reveals his number one regret—working for free—and how an early lack of confidence became his superpower of over-preparation. Adrian also offers a forward-thinking perspective on the rise of AI, explaining why he embraces it as a massive opportunity for scale rather than a threat to his business.
Topics Covered:

  • [01:20] The Entrepreneurial Upbringing: Growing up in a family where self-employment was the norm and having a "when, not if" mindset.
  • [02:26] The First "Rug Pull": The raw experience of being inside the music industry as it collapsed in the face of digital distribution.
  • [07:00] The Founder's Insecurity: How a lack of confidence in the early days was transformed into a superpower: meticulous preparation.
  • [09:38] The Evolution of Kongo: The strategic pivot from a broad e-commerce consultancy to a specialized CRM implementation firm to stay ahead of market devaluation.
  • [14:19] The "White-Knuckle Ride": The brutal reality of the first six years, going without an income and navigating the immense financial pressure of a startup.
  • [16:18] The Ultimate "Why": How the long-term goal of having more choices for his family fueled his persistence through the toughest times.
  • [18:15] His Biggest Regret: A powerful warning to new founders about the danger of undervaluing yourself and working for free.
  • [19:47] Escaping the Bubble: The critical mistake of isolating yourself and why seeking external advice from day one is non-negotiable.
  • [23:23] The 4 Core Values: A look inside the "North Star" that guides every decision at Kongo Group.
  • [34:40] The Future of Service Businesses: The strategic plan to move from a pure service model to productizing their intellectual property.
  • [38:20] Embracing Disruption: Why Adrian sees AI not as a threat that will make his business obsolete, but as a huge opportunity to scale quickly.
  • [46:06] His Proudest Achievement: The profound success of building a thriving business alongside his wife.

Memorable Quotes:

  • "It was always a matter of when I would start a business, not if I would start my own business."
  • "It was a real white-knuckle ride for, I'd say, for the first 5 or 6 years."
  • "Don't work for free is probably what I'd say."
  • "You can easily build a bubble around yourself... you just need to expose yourself to professionals and make sure you're getting advice from all angles."
  • "Simplification as a discipline in our business. So they're the 4 key things that I'm always referring to."
  • "I don't see AI as a risk that in 12 months' time my business will cease to exist. I see this as an opportunity to scale my business quickly."

Resources Mentioned:

Connect with Our Guest:

 

Connect with the Host, Sean Dunne:

Website: https://dominiumcapital.com.au/dominium/

LinkedIn: https://au.linkedin.com/in/sean-dunne-76067429

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