David Wood is a high performance coach and the author of Get Paid for Who You Are: 5 Steps for Financial Freedom, Time Freedom, Location Freedom, and Inner Freedom. In this interview he shares specific instructions on how to double your business by focusing on less, narrowing what you work on to exciting projects that drive results in your business with a disciplined approach to entrepreneurship.
In this bonus episode, Justin interviews his 18-year-old daughter, Sadie, about: A Gen Z perspective on podcasting Why women are the future of podcasting: Edison Research "Now, look at the rookies – 47% are men, but the majority, 53% are women." "Most women get their podcast recommendations from Spotify, social media, or their friends." We talk a lot about podcast advertising, podcast ads, and how the adtech industry should think differently about how they target women."Most podcast ads are just men talking to men." What should we talk about next? Twitter: @buildyoursaas, @mijustin, @jonbuda Leave a review/comment on Podchaser; it's like Reddit, but for podcasts. Email us: firstname.lastname@example.org Thanks to our monthly supporters: Anton Zorin from ProdCamp.com Mitch Harris Kenny, Intro CRM podcast Oleg Kulyk Violette Du Geneville Take It EV podcast Ethan Gunderson Diogo Chris Willow Borja Soler Ward Sandler Eric Lima James Sowers (like Flowers) Travis Fischer Matt Buckley Russell Brown Evandro Sasse Pradyumna Shembekar (PD) Noah Prail Colin Gray Josh Smith Ivan Curkovic Shane Smith Austin Loveless Simon Bennett Michael Sitver Paul Jarvis and Jack Ellis, Dan Buda Darby Frey Samori Augusto Dave Young Brad from Canada Sammy Schuckert Mike Walker Adam DuVander Dave Giunta (JOOnta) Kyle Fox GetRewardful.com ★ Support this podcast on Patreon ★
Mike Michalowicz is the author of several bestselling business books, including Get Different: Marketing That Can't Be Ignored! In this interview he shares the problem with following "best practices" and what you should do instead to grow your business. His DAD and Who-What-Win framework will help you get your target customer's attention, and drive more sales in your business with every experiment.
Chaz Felix, co-founder and COO of Bronto Software, joins host Kevin Mosley—who is a former Bronto employee. Chaz goes into detail about Bronto's bootstrapped story from 2002 to 2015. He talks about how his mindset shifted from scrappy startup to a scaling organization, and how all that work led to an eventual exit to publicly traded NetSuite in 2015 for $200M. This is part II of a 2-part episode.
Eliza Rose Kane and Elliott Brinkley share about connecting deeper to our bodies so we can reconnect to the magic and medicine of the Earth. You'll also hear about: The stress of living within a system that honors profit over life Connecting with the Spirit of Merlin Eco Grief, why it's natural to feel grief for the Earth and vital to express it Eliza shares about her life-changing firewalking experience and how she reconnected to her creative expression ♥♥♥ Join The Earth Speak Collective Membership! Join like-hearted folks in a sacred container and community where you'll: Connect deeply to yourself, others, nature & spirit Learn to trust your intuition Activate your Earth magic Expand your healing & divination skills Put your intuition into practice in everyday life Stop feeling lonely on your spiritual path Embody & express your creative power & truths Experience safe space without agenda or judgment When you join the Collective, you get access to all of our past workshops, any live workshops happening while you're a member, live weekly energetic reset calls, monthly community rituals, all the secret episodes, member-run meetups to explore magical topics, and a lively members-only forum (that's not on FB!). ▶▶▶ Learn more and sign up for the Collective membership here: https://www.earthspeak.love/collective ***** Elliott Brinkley is the owner of an herbal apothecary in Durango, CO called Dancing Willow Herbs. She began her professional herbal journey working at Dancing Willow Herbs in 2015 as the medicine maker. In addition to her hands-on experience, Elliott is a Certified Herbalist with over 600 hours of training from the Colorado School of Clinical Herbalism and Herbalist Paul Bergner. She is passionate about bridging plants and people through writing, herbal cooking, teaching, and providing herbal support for others. As a vitalist herbal practitioner, Elliott focuses on therapeutics that work with the body's natural processes and support its innate gravitation toward healing. Elliott loves to convey the emotional and spiritual wisdom of plants through leading plant meditations, and classes that allow others to develop their own relationships with the botanical beings. Eliza Rose Kane is a healer, a teacher of breathwork and creativity, a writer, and most of all, a thought provoker. Using breathwork meditation, movement, and creative expression, Eliza plays with weaving together the esoteric and the scientific to create experiences that inspire people to dive into a deeper understanding of themselves and the world we operate in. The work Eliza shares, while fun, will push your capacity for growth, challenge your limiting beliefs and ultimately take you to a heightened level of awareness. Her goal is to help people feel safe and comfortable in their bodies, confident, connected, and full of possibilities. In this episode, we talk about: Managing physical illness as a result of stress in our everyday lives On navigating emotional overwhelm as a sensitive person On living within a system that honors profit over life On evolving alongside nature Eco Grief, why it's natural to feel grief for the Earth and vital to express it Engaging with nature as medicine for our grief On trusting in the magical forces and rising above the system Making space for beauty and connection in the everyday On breakdowns as breakthroughs The energy of the Scorpio new moon On completing the stress cycle What is Botanical Breathwork Tuning in to the messages of plants Growing up feeling disconnected from the body Why nature is willing and ready to connect Connecting deeper to our bodies so we can reconnect to the magic and medicine of the Earth Eliza and Elliott share their relationships with their Spirit guides Connecting with the Spirit of Merlin On trusting your intuition and your connection to the Otherworld Bringing together plants and people through the breath The endocrine system and the nervous system as the epicenters of our wellbeing On getting out of your mind and into your body How stress affects our genes How breathwork can create space to be more open and receptive to our intuition and the plants On rooting back into the world Creating space to be an emotional being Eliza shares about her life-changing firewalking experience and how she reconnected to her creative expression Creative expression as a gateway to intuition The medicine of hawthorn And so much more! 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Links: Join the Earth Speak Collective Membership at https://www.earthspeak.love/collective Join us in the Botanical Breathwork workshop COMING SOON Learn more about Elliott's offerings at www.dancingwillowherbs.com Learn more about Eliza's offerings at elizarosekane.com Connect with Elliott on Instagram @dancingwillowherbsco // https://www.instagram.com/dancingwillowherbsco/ Connect with Eliza on Instagram @elizarosekane // https://www.instagram.com/elizarosekane/ Get the secret episodes at https://www.earthspeak.love/secret References: Breathwork https://en.wikipedia.org/wiki/Breathwork Dancing Willow Herbs https://dancingwillowherbs.com/ Eco Grief https://en.wikipedia.org/wiki/Ecological_grief Colorado School of Clinical Herbalism https://clinicalherbalism.com/ Paul Berger and Vitalist herbalism https://clinicalherbalism.com/vitalist-tradition/ Botanical Herbalism workshop with Earth Speak || COMING SOON Earth Speak t-shirt launch || COMING SOON Bootstrap business https://en.wikipedia.org/wiki/Bootstrapping Hawthorn https://en.wikipedia.org/wiki/Crataegus Blendily https://www.blendily.com Celtic people https://en.wikipedia.org/wiki/Celtic Native Land https://native-land.ca Hawthorn || Plant https://en.wikipedia.org/wiki/Crataegus Somatic healing https://en.wikipedia.org/wiki/Somatic_experiencing David Elliot https://www.davidelliott.com/ Synergy https://en.wikipedia.org/wiki/Synergy Dandelion https://en.wikipedia.org/wiki/Taraxacum Merlin https://en.wikipedia.org/wiki/Merlin St. Germain https://en.wikipedia.org/wiki/St._Germain_(Theosophy) Endocrine system https://en.wikipedia.org/wiki/Endocrine_system Epigenetics https://en.wikipedia.org/wiki/Epigenetics Beltane https://en.wikipedia.org/wiki/Beltane Samain https://en.wikipedia.org/wiki/Samhain Equinox https://en.wikipedia.org/wiki/Equinox ► Leave us a written review on iTunes, and get shouted out on the show! 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On this episode, Stacey is joined by Marketing Professional Misty Kortes for a conversation on risk taking, how successful people view failure, and the critical role of structure in your business. Key Takeaways -Prioritize your business growth. -Momentum takes time and is critical. -Continuously maintain your structure and organization. Tweetable Quotes: "I know the life of a solopreneur, and wearing all the hats of a successful business is all about structure." -Misty Kortes "Life doesn't stop moving. If you're unhappy and not taking action, you haven't stopped... you're regressing." -Stacey O'Byrne "My priorities when I started my business, were freedom flexibility, and control." -Misty Kortes "If you choose to avoid the learnings behind what didn't work, then that would be the only path to failure." -Stacey O'Byrne Resources: Instagram: @pivotpointadvantage Schedule a 15 minute call with Stacey:http://pivotpointadvantage.com/talktostacey ( http://pivotpointadvantage.com/talktostacey) If you're ready to take yourself and your business to the next level and are interested in a coaching program that will get you there check out:http://pivotpointadvantage.com/iwantsuccess ( http://pivotpointadvantage.com/iwantsuccess) Join an interactive environment to help you build the success you've always wanted with other like-minded, success-driven entrepreneurs, business owners, and sales professionals:https://facebook.com/groups/sellwithoutselling ( https://facebook.com/groups/sellwithoutselling)
Scott Jeffrey Miller is FranklinCovey's senior advisor on thought leadership, host of the top podcast On Leadership with Scott Miller, and author of several bestselling books including Marketing Mess to Brand Success: 30 Challenges to Transform Your Organization's Brand (and Your Own). In this interview he shares how to overcome common challenges companies face when marketing their business.
Good morning everybody! Thank you for listening to the Motivated Entrepreneurs podcast. Today we have a book review and it's called "Bootstrap Your Life" by Oliver Cookson. In Bootstrap Your Life, Oliver doesn't just share his journey but uses simple language to break down every aspect of his thinking, providing a thorough step-by-step guide on how to think like an entrepreneur. His approach to marketing, innovation, strategy, leadership and other key elements are explained in great detail using memorable analogies that anyone can relate to. Oliver explains how bootstrapping his life catapulted him from an ordinary life in the suburbs of Greater Manchester to being included in the Sunday Times Rich List with a personal net worth of over a third of a billion pounds. His message is clear: bootstrap your life! Hope you enjoy this episode. Give a listen. Listen on Spotify: https://spoti.fi/2VkXGHq Listen on Apple Podcast: https://apple.co/39TYebQ Motivated Entrepreneurs Website: https://motivatedentrepreneurs.co.uk/ Please Like, Share, and Subscribe to Motivated Entrepreneurs Youtube Channel: https://bit.ly/3eA64u5 Cheers, Dean
Avery Carl is a seasoned real estate investor and a co-founder of The Short Term Shop. Avery specializes in connecting investors with short term rentals with the highest ROI potential and then training them to manage their short term rental from their smart phone from anywhere in the world. In this episode, Avery tells us about short-term rental strategy, hot markets, returns, and what you should know about short-term rentals in contrast to long-term rentals. https://theshorttermshop.com/ --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Michael: What's up everyone? Welcome to another episode of The Remote Real Estate Investor. I'm Michael Albaum and today I'm joined by Avery Carl, distinguished author, speaker, investor, agent, mortgage broker, she does it all and she's going to be talking to us today about things you need to be aware of when looking for short term rentals. So let's get right into it. Avery Carl, thank you so much for taking the time to hang out with me today. I really appreciate you coming on. Avery: Thank you so much for having me. Michael: No my pleasure. So I think a lot of our listeners probably already know who you are. You've got quite a bit of notoriety behind you. But for anyone who's not familiar, can you give us a 32nd elevator speech on who you are, where you're come from and what it is you're doing real estate? Avery: Yes, yes. So my name is Avery Carl, I am the author of Short Term Rental Long Term Wealth of about investing in short term rental properties. I'm a real estate investor, I own 100 doors, but eight of them are short term rentals. And I was able to scale from zero to 100 doors over the course of about five years with a starting salary of $37,000 a year. Because I invested mostly in short terms at the beginning of my portfolio. So since those cash flows so much heavier than long term, I was able to scale much more quickly than if I'd started with traditional long terms. I also own the Short Term Shop, which is a real estate agency that focuses exclusively on working with short term rental investors where not only do we act as the real estate agents to help them purchase their property. We also teach them everything they need to know about managing their property remotely. We help them get it all set up on the the listing sites and teach them the ropes of remote self management. We've helped about 4500 families, build some generational wealth through real estate investing there. And then I also, own co own The Mortgage Shop, which is basically the mortgage counterpart of the short term shop, we focus mostly on short term rental investors there as well. Michael: Oh, that's awesome. So you were doing short term rentals before it was cool. It sounds like Avery: Yeah, oh, just slightly before. Michael: That's awesome. And so what is it, you think that people need to know if they're just getting started in the short term rental business? Avery: So I think the main thing to know is that it's you don't have to live in the city or even drivable to the city where you're investing, you can't always live in the best place to invest. So getting comfortable with long distance real estate investing, can make sure that you are able to make the most lucrative investment in short term rentals. Michael: That makes total sense. And what a place to have you on The Remote Real Estate Investor. It's perfect. So how do you evaluate what a short term rental market looks like? Because doing the long term thing, I think is relatively easy. I can go on Zillow, I can go on property manager websites and see okay, what is the rent, the monthly rent versus what are my expenses ballpark? And what is the price? So what is it that you're looking for in a short term rental? Avery: I'll start by saying there's not necessarily a black and white right or wrong way to do it. There's a certain way that I do it. But there are three types of markets that you can invest in short term rentals. The first one is the Metro market. So like Nashville, Austin, New York, places like that. The second is the big fly-to I call it fly-to vacation rental markets. So these are, these are the markets that people are like saving up all year to take a big vacation to like flying to Aspen flying to Hawaii, places like that. Michael: Okay. Avery: And then the third type, which is the type that I focus on exclusively with myself and my clients, is the regional drivable vacation rental market. So these are areas that the majority of people that travel to them are traveling between five and eight hours by car like the Smoky Mountains in Tennessee, Panama City Beach, Florida, Big Bear in California, places like that, where people aren't necessarily taking these big, expensive vacations, they're really affordable, and they're really accessible. So that's the type of market that I focus on. Michael: That makes sense. And I actually just bought my first vacation rental out in the Smokies. And I'm very excited to hear all the all the big news about it. Avery: Awesome. Michael: Yeah. So curious to know when I think one of the biggest hurdles or biggest risks that people see with short term rentals is changing jurisdictions, or jurisdictions changing their laws or ordinances. And so what's something that people can do to combat that or to be ahead of that curve when when looking at short term rental markets? Avery: So choosing the market is really going to be your biggest the biggest thing to get through in terms of getting past that. So I used to have an office in Nashville where we sold short term rentals, I shut it down because Nashville is really really volatile in terms of short term rental regulations. So that's why I focus on the regional drivable vacation rental markets because they're typically areas like take the Smokies, for example. People have been coming to this monkey since the 60s and 70s and staying in cabins rather than hotels. Also, Destin, Florida where I live right now, I'm there where I'm actually reading a really nerdy book about the history of this area. MIchael: Awesome. Avery: And there were actually vacation rentals that people rented here in the 20s before they actually even had electricity out here. So these are areas I focus on areas that short term rentals are not a new thing. As of the inception, inception of Airbnb focused on areas that people have been staying in condos, beach houses, cabins in the mountains since well before Airbnb existed. So you run into the problems with the changing of jurisdictions and things like that. It mostly in Metro markets, it does happen in vacation markets as well. But it's mostly Metro markets or areas where people have historically stayed in hotels like Nashville, for example. There were not short term rentals or were not vacation rentals until Airbnb came along. Everybody who came to Nashville up until mid 2000 stayed in hotels, there's also a lot of primary residents because there's a lot of industry outside of tourism in Nashville. So there's a lot of jobs, there's a lot of primary residence. So the, when, Airbnb came along, and investors started realizing how much money they can make in Metro markets. You know, obviously, a lot of investors moved in, started taking market share away from the hotels started making primary homeowners angry because they're moving into what was previously a quiet neighborhood where people are trying to raise their kids opening up Airbnbs, Nashville is like, you know, the bachelorette party capital of the world, you can see why you might not want that happening next door to where you're trying to raise your kids. So it's the hotel presence and primary owners, primary residents that kind of come together to make anti short term rental regulations happen so that we stick to those markets where the cities and counties figured this out a long time ago figured out how to monetize it a long time ago. This is the way that it's always been. And the cities and counties are just way too dependent on the income from short term rentals financially to ever really regulate against them. Michael: That makes so much sense. I love it. So, so something that I like a personal take that I've had on short term rentals is I've always said, Well, I'll invest in a short term rental if it also makes sense as a long term rental because I'm scared of the ordinance or law changing, but it sounds like for you because you've really done your homework. That's not a concern that you have. Is that fair to say? Avery: Yeah, yeah. So and that's kind of, you know, a pro and a con of vacation markets versus Metro markets as Metro markets, you could convert to a long term, probably if the numbers make sense. But in like in the Smokies or in Destin, or any of our other markets that we that we operate in, there are more short term rentals. And there are people who actually live in those areas, because it's so heavily dependent on tourism, that if something came along and like wiped out all the short term rentals, you probably would not be able to convert to a long term just because there there's not enough people to meet that. But again, that's these areas have been through decades and decades of economic ups and downs. So they're still tourists coming and they're coming heavy. So, you know, we, we feel pretty confident about it. And then if there was anything that was going to come along and sweep away all the short term rentals, it would have been a global pandemic. And it actually had the opposite effect. So I think we're pretty good. We're feeling pretty good about it. Michael: Awesome. And you took the words right out of my mouth, I was gonna ask how was it for you? Because you've been involved in this over five years. So through through the pandemic, what did you see in your short term rentals during that time? Avery: Sure. So short term rentals still, as of 2020, being a little bit of an of a new asset class, when COVID came along. And we had at the time that we had five short term rentals and maybe like 20 or 30 long terms, when COVID happened, we thought, Oh, crap, they're the short term. They're the apartment building investors were right. This is like an early adopter crowd. Right? Great. Well, at least we have our long terms because if somehow if this kills the short terms, we at least have long term. Well, actually, it was the opposite. So you know, we sat on the couch and watch Tiger King for two weeks and open back then the doors got blown off. We we were getting higher prices per night than we've ever seen. We still are. All of our income has increased in all the markets we invest in across the board, but actually the opposite of what we thought was gonna happen. happen, so we didn't have to worry about the short terms. They're doing great better than they ever have. But we had to worry about our long terms because of the eviction moratorium. So, luckily, we only had one eviction and that person was a problem well before COVID. So we actually came out our entire portfolio came out just fine. Really no change on the long term front, but the short term is just skyrocketed. Michael: I'm glad to hear it. I had a similar experience with the long terms and I was so thankful for it. So NACA continues. So Avery I'm curious and let me know if it's market dependent. And we can talk kind of market specifics, but I'm curious to know what type of property condo townhome apartment single family cabin do you target for your short term rentals? Avery: I personally do only single families. Condos work really, really well in beach markets. Nothing wrong with condos. I just prefer single families. Condos don't work so well. In mountain markets. Typically, the tourists and mountain markets are more interested in staying in cabins. I don't I know a lot of people are kind of trying to get into the multifamily short term rental thing to me that's like, that's a hotel guys that's been already done. Like they're like, Oh, we're gonna do multifamily short term rentals. Nobody's ever done this before. Michael: I'm a genius. Yeah. Avery: So we stick to this to single families, we have Multis for it in our long term portfolio that we stick to single families mostly. Michael: Okay, awesome. And so here's like a massive dichotomy between the long term in the short term market, in the long term, there's a price point for single family, which that's not going to cash flow, because you're rents just not going to keep up versus your long, you seem your short term. Does that occur? I mean, is there a spread at which Yeah, I'm just paying too much money for the purchase, that the rental income is not going to support it? Or does that not exist? Avery: Yeah, sure, there's definitely a limit. But the thing about short terms is like it's, they're more difficult to analyze, because it's always a range of what a property will be able to do. Whereas in long term, it's like, this is the rent, this is going to be the rent all year. And unless you go in and get the property and do all this updates, that's what it's going to be we're short term, that's always kind of a range, because you know, a week, in the second week of February, you're gonna be making way less money than the second week of July. So it just kind of depends. And then also, there's a range of the income that can make really just based on how you manage the property. So I mean, for example, even if two people own the exact same property right next door to each other long term rentals, they're making the same no matter what short term, even if they manage everything exactly the same. But one person has a two night minimum night stay, and the other person has a five night minimum night stay, the two night minimum night stay person is gonna make more money because they have less poles in their calendar that 1-2-3 and four days long. So even just little tweaks like that can make a difference. Although there there does come a point that like a two bedroom, the most a two bedroom is ever going to make is here. And if the purchase price is here, then it doesn't make sense. So you just have to get a lot of different data points for your analysis. Michael: Yeah, makes total sense. And so to that end, how do you recommend folks evaluate the properties of potential income from an expense perspective? Because that's something I've seen is massively different than your long term as well. So what do you recommend to folks? Avery: So I recommend there's a there's several different places you can get data for what for the short term rental performance air DNA is one of them, it's not perfect, it's decent, good enough. Rabbu is another one, Rabbu has some pretty good data. Price Labs, which is actually a pricing manager that you would buy, when you buy a short term rental, you get a subscription to this to help you price your property, it has a function called the market dashboards, which will give you a pretty good data on properties in that market. So I recommend getting data from two or three different sources. And then as far as expenses and things like that. So in conjunction with looking at the number, numerical data, and the short term shop we read, we preach something called the enemy method, which is where you go in on Airbnb and VRBO. Zoom in on the neighborhood that you're interested in buying in and look at your enemies or your neighbors enemies just kind of tongue in cheek. But then there's a few things you're looking for when you do the enemy method. So a there there are things that the numbers in the data can't tell you like the intangible reasons that the properties are performing the way that they are. So you're going in, you're looking for outliers, like you know, if you've got a four bedroom that you're looking at, and next door is like a four bedroom dump with terrible pictures, and the host never responds. So it's like way, way, way down on the search results and never get seen. Well that's going to drag the data down, you're going to be able to do better than that one obviously. Or conversely, if next door is another four bedroom that is just like the craziest four bedroom anybody's ever seen. And it's like celebrities rolling in and out in there and you're like making they're charging a million bucks a night to get to meet these celebrities at your house. Well that's gonna drag the data the other direction. So you're looking for that you're also looking for what you your enemy's cleaning fees are because that's gonna be a big one for you. And then the rest of it is very similar to as if you were purchasing the house for a primary home like in terms of internet costs, utility costs, things like that, I found that my maintenance costs in short term are less than in my long term rentals, they're more like 1% of my income. Just because you have a cleaner in there who's professionally cleaning two, sometimes three times a week, so nothing ever really falls into that much disrepair if your cleaner is doing their job and you know, letting you know, stuffs happening. Whereas my long terms, you know, they're doing God knows what in there all year, maybe two years, maybe three years, however long they say. And when they when they move out. i Michael: That's when you find out about it. Avery: Yeah, paint carpet cabinets, the whole thing. Michael: Yeah. Okay, that makes a ton of sense. I want to shift gears a little bit here and talk about a topic that's very near and dear to my heart, which is insurance. And so how do you insure these things? Because it's this kind of unique thing that I feel like a lot of insurance companies really haven't wrap their heads around yet. Avery: Yeah, so you definitely want to get short term rentals, specific Insurance Proper is the biggest name in that space. They're also the most expensive, but they do have pretty comprehensive coverage, like all the way down to covering loss income, if you get bedbugs. Um, some insurance companies are kind of catching on and adding short term rental riders that you can add on. You also want to or I recommend any way of getting a commercial umbrella policy, in addition to short term rental specific, just to make sure that you're totally covered. And I get this question a lot because Airbnb and VRBO do offer a million dollars worth of liability coverage, when you sign up with them. And a lot of people are like, do I need insurance? In addition to that, yes, 100,000% Do not rely only on what Airbnb and VRBO provide, because their goal is to not have to pay bat. So better to be over insured than under. So definitely make sure that you're getting STR specific and a commercial umbrella. Michael: Okay. And so kind of in that vein, if someone's owning the short term rentals in their personal name, do you think an umbrella a commercial umbrella is still appropriate? Or could they just add it on to their maybe existing Personal Umbrella? Avery: You could it just kind of depends on your entire financial picture. And really just kind of a number of things. So it's hard to answer. But I would recommend just everything you can get get it no better to have it and not need it than need it and not have it. Michael: No, I'm right there with you. And it's one of those things like you're only gonna know how much you really needed after a loss or after a claim. And by then it's a little bit too late. So I'm with you. 100%. All right. And then. So shifting gears here again, how do you purchase these things, and it's so perfect that you you own the mortgage shop. And so, because there are short term lenders out there, but I feel like they're kind of few and far between and if you start talking with your traditional lenders about I'm doing short term rentals, like I don't know, so what are some things that people should be looking for? And what are some products that the mortgage shop offers that people might be able to take advantage of. Avery: So we have three main products that most people use, a lot of people use that 10% down vacation home loan, that's a conventional product, there are rules that you want to make sure that you are following in regards to doing that meaning you do have to use the property for I think it's about two weeks a year. You are there's nothing nothing out there prohibiting you from renting it on Airbnb and VRBO the rest of the year when you're not using it, but you you know, what you don't want to be doing is skirting the rules and like you know, trying to like syndicate with a bunch of people using 10% downs and like taking equity there and all that don't skirt the rules because you're going to get the product taken away from all of us. Michael: Don't ruin it for everyone. Avery: Yeah, if any has caught on to people abusing that for buying like I saw somebody in a Facebook group the other day that was like yeah, that second home loans awesome. I've got two on the same street as me that are both second homes and like that, there's none like they totally like lied, they had to have lied to their loan officer to even get that because one of the main things is it has to be there's not a specific mileage amount that it has to be away from your primary, but a lot of lenders use like 50 miles or 65 miles because it has to make sense you're clearly not vacationing and you so that part that's the kind of thing that will get it taken away from from everyone but if you want to buy a vacation home that you're gonna use for two weeks out of the year and rent it the rest of the year, you can totally do that for 10% down so a lot of people do that. We also have a 15% down investment mortgage, let me sorry, investment mortgage investment loan that is also conventional. So if you just want to use this is a pure investment 15% down you don't have to worry about all the second home rules you can just do it that goes up to the jumbo limit which I think is like a 725 ish or 750 purchase price on Have a look. And then the biggest one that people have been using lately, is what's called a DSCR loan. So that's a debt service coverage ratio loan, it's kind of a mix between a portfolio and a commercial loan. So it's not conventional. So the interest rates going to be a little bit higher, it is 20% down, but you can close it right in your LLC, it doesn't take into account any of your income or debt or debt to income ratio, all that it counts on to qualify is will the property make the same amount as what the mortgage payment will be on a one to one ratio. So if the mortgage payment is 2000 bucks a month, all we need to see is that the property will make 2000 bucks a month in income, and then you qualify. So that's a really, really great one, especially for people who maybe have switched from w two income to 1099 income. And they don't have two years to show yet. Or maybe you're out of conventional lows, because you can only have 10. Or maybe you have the downpayment, but your debt to income is a little wonky. So a lot of people are using that DSCR loan just because you can drop it right in your LLC, you can have unlimited finance properties, and it's just a lot easier to deal with and not having to qualify based on your own income. Michael: Yeah, that's amazing. And so when you say a one to one ratio for the mortgage payment, are you talking principal interest, taxes and insurance as your mortgage payment are truly just principal and interest? Avery: Principal interest taxes in an insurance? So, um, the way that it works? Like I mean, you wouldn't be buying a property that wouldn't make at the very least, that each month, Michael: I should hope not, Avery: Because it's not a good investment. So I've actually had never seen one not go through unless you're buying a really weird remote area where no one has ever short term or long term rented before, then that would be probably a gray area, but in the big vacation markets and Metro markets and things like that. I've never seen one not, you know, not go through. Michael: Awesome. What a cool product. That's great. And Avery, I'm curious to know, from your experience, where do you most new short term investors go wrong? Where do you where do you seeing them then botch themselves? Avery: Analysis paralysis, just like anything just like any asset class, all real estate investing? The number one thing that stops people from getting started is analysis, paralysis, and short term is no different. Michael: Oh, that's great. That's great. And so I'm just curious to know, as well, you mentioned some of the markets that you're currently investing in, and you've got investors and both personal properties. Where is the new hot place. Avery: Um, so our newest market that we've opened an office in that I'm really excited about, probably the next place that I'm going to buy a short term rental, probably next year is the Crystal Beach, Texas market. It's right, right next door to Galveston, and the returns there are actually higher than the Smokies, which up until now has been our highest return market. It's also one of the most expensive markets, you know, in the Smokies, it's going to be a million dollars for a five bedroom maybe a little bit more. And to get a beach front or like second to your back beach property, you can get a five bedroom like a nice, pretty new five bedroom new construction for like the 700 range. Michael: Wow. Avery: So and make almost the same income as the Smokies. So don't quote me on that it's a case by case basis, obviously. But across the board the returns, they're really, really exciting. Michael: Oh, that's amazing. And when you say returns are high, what are we talking in terms of percentage cash on cash? Avery: So it depends on what kind of loan you do. Because obviously, if you do a 10%, down vacation how long your cash on cash can be twice the amount of what it would be, if it's 20%. But I mean, you're looking at 30%, like without issue. So depending it depends on what kind of loan you get. But even with a 20% down, like you're looking at some at least 20% cash on cash. So really, really good. Michael: Oh, that's an that's amazing. That's amazing. So I'm curious to know, too, and I don't want you to give away the secret sauce that that's included in the book, but what are some things that people should be aware of with regard to professional management versus self management. Avery: So this is something that I I talk about a lot so and and this is not an across the board thing. I 100,000% have managers for my long term. So it's a different game, we're talking about short terms, exclusively here. So um, if you are someone who is trying to use the income from short term rentals to really Bootstrap and boost that income and buy more properties faster, a traditional style property management company is probably not going to be the partner to help you get there. Managing one short term rental is really only going to take you about 30 minutes per week. And it's not going to be all at once. It's going to be like I'm responding to a notification here responding to notification there. It's really like answering a few text messages a week. You might have to pick up the phone and call a plumber sometimes but it's really not anything, it's not any significant amount of work. I have eight. And so to give you some perspective, so the traditional Property Management split and short term rental is average 25%. It was actually 40% When I started, but a lot of self managers and stuff have kind of brought, you know, people have had to lower their rates to stay competitive. But even if I had had a 25% manager this year, my properties are on track to hit an $800,000 Gross this year. So if I paid somebody 20% 25% of that, that's $200,000. This year that's like upper management level salary, to do something that I can do straight from my phone, like, is it work? Yes, but it's very easy work considering the $200,000 that I would be paying someone else to do that for me. So when you look at it that way, it really makes a lot of sense. Once you get to probably about 10 properties, you might want to hire a virtual assistant to kind of help with things. But the way technology is now with channel managers and pricing managers, almost everything is automated, a lot of the things that were not automated when we started are now automated. So there's really no reason why I mean, really, anyone can self manage if they want to. Michael: That's incredible. Nicely done. Nicely done. Avery, before I let you go here, I want to talk about your book, short term rental long term wealth, what should people expect to find in it when they pick it up? Avery: So you will find the first half of the book is about how to choose a market, how to analyze a property, how to find the team in that market to help you so agent, mortgage broker, all those people. And then the second half of the book is actually about how to self manage remotely so that you can keep at potentially $200,000 a year to get yourself started so that you can then grow your wealth through short term rental investing. Michael: Amazing. And people can pick that up on BiggerPockets calm as well as amazon.com. Avery: Yes, so right now it's on bigger pockets, calm slash STR book, and you can pre order it on Amazon, it will ship November 14. It is also available on Audible right now. Michael: Amazing. And if people want to take advantage of the short term rental shop, or the mortgage shop, what's the best way for them to get a hold of you and your companies. Avery: So you want to go to the shorttermshop.com There's a little box in the middle of the page that says schedule a consultation, hit that button. That's the best way to get started with us. And then for the mortgage shop you want to go to www.mortgageshop.co Michael: Amazing. Every This has been so much fun. So eye opening any final thoughts for folks before I let you out of here? Avery: I think we've pretty much covered it. Thank you so much for having me. Michael: Awesome. Well take care and we'll talk soon I'm sure. Thank you alrighty everybody, that was our episode a big big big, big big thank you to Avery This was so much fun. I learned a ton. If you're interested in short term rentals, I definitely recommend picking up Avery's book as well as going back to this episode and giving it another listen. As always, thank you so much for listening, watching, and we look forward to seeing the next one. Happy investing
This week we ask the question ‘What's the entry point?' for Marvel cards. With prices on the rise, how realistic is it to be collecting by buying sealed product? How much of a risk is 90's sealed product? We talk about little Jimmy Jones from Bootstrap, Missouri, and hypothesise how he might get involved in the hobby in years to come. Then we talk EXIT plans, and collectors who have walked away from the hobby. Some thought provoking stuff – listen in and tell us YOUR views. Oh, also, Ian unleashes his inner Brony. Our ‘tasting notes' – featuring any images and links we discuss - can be found via our Facebook page. Huge thanks to Greg McLaughlin of The Rebel Base Card Podcast for this week's intro, who can be found on all fine podcast platforms and also here; Instagram; https://www.instagram.com/rebelbasecard/?hl=en Anchor; https://anchor.fm/greg-mclaughlin Facebook; https://www.facebook.com/rebelbasecard/ Twitter; https://twitter.com/rebelbasecard =========== As always friends, YOU can help us by; - suggesting content you want to hear - sharing the podcast with friends - liking, starring & leaving a review on our FB page, or wherever you listen - getting involved by leaving voicemails & sending in emails/messages/comments Our email; TheMCCPod@gmail.com LEAVE US A VOICEMAIL; https://anchor.fm/mccp/message
Chaz Felix, co-founder and COO of Bronto Software, joins host Kevin Mosley—who is a former Bronto employee. Chaz goes into detail about Bronto's bootstrapped story from 2002 to 2015. He talks about how his mindset shifted from the scrappy startup to a scaling organization, and how all that work led to an eventual exit to publicly traded NetSuite in 2015 for $200M. This is Part I of a 2-part episode.
OpenBSD Part 1: How it all started, Explaining top(1) on FreeBSD, Measuring power efficiency of a CPU frequency scheduler on OpenBSD, CultBSD, a whole lot of BSD bits, and more. NOTES This episode of BSDNow is brought to you by Tarsnap (https://www.tarsnap.com/bsdnow) and the BSDNow Patreon (https://www.patreon.com/bsdnow) Headlines What every IT person needs to know about OpenBSD Part 1: How it all started (https://blog.apnic.net/2021/10/28/openbsd-part-1-how-it-all-started/) Explaining top(1) on FreeBSD (https://klarasystems.com/articles/explaining-top1-on-freebsd/) News Roundup Measuring power efficiency of a CPU frequency scheduler on OpenBSD (https://dataswamp.org/~solene/2021-09-26-openbsd-power-usage.html) CultBSD (https://sourceforge.net/projects/cult-bsd/) Beastie Bits • [OpenBSD on the HiFive Unmatched](https://kernelpanic.life/hardware/hifive-unmatched.html) • [Advanced Documentation Retrieval on FreeBSD](https://adventurist.me/posts/00306) • [OpenBSD Webzine Issue 3 is out](https://webzine.puffy.cafe/issue-3.html) • [How to connect and use Bluetooth headphones on FreeBSD](https://forums.freebsd.org/threads/bluetooth-audio-how-to-connect-and-use-bluetooth-headphones-on-freebsd.82671/) • [How To: Execute Firefox in a jail using iocage and ssh/jailme](https://forums.freebsd.org/threads/how-to-execute-firefox-in-a-jail-using-iocage-and-ssh-jailme.53362/) • [Understanding AWK](https://earthly.dev/blog/awk-examples/) • [“Domesticate Your Badgers” Kickstarter Opens](https://mwl.io/archives/13297) • [Bootstrap an OPNsense development environment in Vagrant](https://github.com/punktDe/vagrant-opnsense) • [VLANs Bridges and LAG Interface best practice questions](https://www.truenas.com/community/threads/vlans-bridges-and-lag-interface-best-practice-questions.93275/) • [A Console Desktop](https://pspodcasting.net/dan/blog/2018/console_desktop.html) • [CharmBUG Casual BSD Meetup and Games (Online)](https://www.meetup.com/CharmBUG/events/281822524) Tarsnap This weeks episode of BSDNow was sponsored by our friends at Tarsnap, the only secure online backup you can trust your data to. Even paranoids need backups. Feedback/Questions Dan - ZFS question (https://github.com/BSDNow/bsdnow.tv/blob/master/episodes/428/feedback/Dan%20-%20ZFS%20question.md) Lars - Thanks for the interview (https://github.com/BSDNow/bsdnow.tv/blob/master/episodes/428/feedback/Lars%20-%20Thanks%20for%20the%20interview.md) jesse - migrating data from old laptop (https://github.com/BSDNow/bsdnow.tv/blob/master/episodes/428/feedback/jesse%20-%20migrating%20data%20from%20old%20laptop.md) *** Send questions, comments, show ideas/topics, or stories you want mentioned on the show to email@example.com (mailto:firstname.lastname@example.org) ***
How to take something you are not so fond of... like running or biking or lifting or rowing or sweating or you get the point, and tie it down to something of immense value, like prayer or learning or audio listening.To your growth and joy! Pastor MarkHave fun, here are some links...Here's the shortcut to the new ON THE GO COACHING program from LION PASTOR. It would be an honor to journey together.www.lionpastor.com/onthegoAND surprise. Here's the link to the RELATE GREAT MASTERCLASS.Find the code in the mastermind group to get ten bucks off.https://lioncoaching.samcart.com/products/relate-greator just click HERE.Oh! BTW, Don't forget to come join our growing group of ministry leaders in our facebook group. Here's a link to join: LION PASTORMIND FACEBOOK GROUP
ALL THE BOYS ARE BACK!And we took out a billboard on the Ayalon to celebrate! Just kidding, but that's what everyone else seems to be doing... What did we talk about? Elon's tax tweet of course. Our friends at Neuralight raised a $5.5M round. And we heard all about Hillel's trip to Gran Canaria! (tl;dr nothing to eat, super nice place.). And we discussed corporate theme songs. Yup, that's a thing now!And our shout-outs for the week:Guy: The Thrill of the Fight on Oculus Quest https://www.oculus.com/experiences/quest/3008315795852749/ Itamar: Finished Breaking Bad! Hillel: DJI Mavic 3 https://www.dji.com/mavic-3 Enjoy! BYEEEEEE --Follow us on Twitter at @bootstrappod , @hilzfuld , @itamarw and @guySubscribe at www.bootstrappod.com & sign up for RN in Tech!Have a question or feedback? Leave us a voicemail at www.bootstrappod.com!
Qaid Jivan runs a company called TalentMarketplace. They help IT leaders do more of what they love - deliver great projects for their clients with great people. We do this by replacing their side-of-the-desk recruitment activities (writing job descriptions, reviewing resumes, interviewing people who aren't a fit, etc.) with a blend of automation and the human touch. For fun, he builds and continues to manage a large music festival camp which has hundreds of members hailing from Vancouver, Seattle, New York, Toronto, Perth, and San Francisco. Also for fun, he helps people turn their bitcoin into fiat. In this episode, you will learn: 1) How to bootstrap a start-up, choose your startup co-founders 2) About challenges of recruiting, especially in a post-pandemic scenario 3) Solving disagreements with your teammates
On this week's episode, Kevin talks with former Army Ranger, Dan Austin. Dan tells his story and deep dives into how he applied the Ranger Creed to do 5-7 deals per month to his real estate wholesaling journey—resulting in a successful multimillion dollar business."Be patient. It takes time to build wealth through real estate, but if you're consistent and you're patient, it will happen and it comes."-Dan AustinHere are 5 Key Takeaways from this episode:How to Bootstrap a Wholesale Deal That Does 5-7 Deals/MonthDan's Lessons Learned in Property RehabManaging Properties & Wholesaling While Working Full-TimeHow Leveraging What You Learned in the Military Can Ensure Success in Whatever You DoThe Importance of Time-BlockingHonorable Mentions & Useful LinksWho, Not HowConnect with DanInstagramWebsiteReady to take the next steps in your Military Real Estate Investing journey? Watch our Masterclass and claim your EPIC reward for action. Tap here to register today!Are you looking for a loan for your next project? Look no further! Check out ADPI Financial Services for all of your residential and commercial lending needs!No Time...No Worries! Get all the info you need now by texting DEAL to 33777Get your 13-Week Action Journal using this special offer just for our faithful podcast listeners! Helpful ResourcesConnect with the ADPI: Facebook | Instagram | YouTubeReady to TAKE ACTION and begin building your cash-flowing real estate empire? Don't go it alone! Check out our exclusive education and coaching products designed for self-starters like the Military Real Estate Investing Academy Thinking bigger? ADPI's exclusive Military Multifamily Academy and Mastermind Waitlist is open now! Sign up to reserve your slot in the most comprehensive, affordable, and educational multifamily real estate course on the web! Please Subscribe, Rate, & Review on Apple PodcastsThanks for tuning in to this week's episode of the Active Duty Passive Income Podcast! If the information shared in these weekly interviews has inspired you to pursue your dreams of financial independence, please do me a personal favor and head over to Apple Podcasts, subscribe to our show, and leave us a 5-star review.Support the show (https://www.patreon.com/adpi)
Dave Chesson is the entrepreneur behind Kindlepreneur, Publisher Rocket, and Atticus (among other projects) and in this interview he shares the data-driven way he approaches book marketing, and how to get specific metrics on what people are searching for, what books are selling, and what categories you should create content for to publish books that consistently sell on Amazon.
"With patience water can erode rocks, so with patience and perseverance you can do anything" - Oliver Cookson In this weeks episode Ali sits with down award-winning British entrepreneur, Oliver Cookson. Oliver left school aged 16 with just one GCSE and went on to become one of the UK's leading self-made millionaires after founding sports nutrition business Myprotein. Earlier this year Oliver released his book 'Bootstrap Your Life' where he writes about his experiences turning a £500 overdraft into £350 million. In the conversation Oliver and Ali discuss the story of MyProtein from the early days right up until the sale, covering the challenges that come with being an entrepreneur, mindset and how we sometimes have to roll with the punches.
This episode's guest on the SaaS Revolution Show is Guillaume Moubeche, CEO & Co-Founder of lemlist. Guillaume discusses 5 impactful decisions that helped his company bootstrap to $10mil in ARR in 3.5 years with Alexander Theuma, CEO of SaaStock. This episode is sponsored by Capchase: capchase.com/saastock Become a SaaStock Founder Member - join a private community of ambitious SaaS founders scaling to $10M ARR. Apply now: https://cutt.ly/2ECKuDW
Welcome to Episode #388: with Ying Tan, founder of Dynamo in February 2006, and has grown the company to become one of the leading mortgage brokers/mortgage clubs in the UK. During this episode, How to Bootstrap past £10,000,000, we talk about the following highlights: Entrepreneurship is about giving and realising this impact that you can contribute positive changes in the society is powerful Visualise your dreams and goals because this will allow you to plan and do all the actions to get closer to that visualization As a business owner, you have to have that balance between what's personal and what's business Learn more about the contents discussed i this episode: Connect with Ying Tan via LinkedIn.
About this episode About six weeks ago one of our past guest experienced a life-changing event with regards to his startup. On September 13, 2021 it was confirmed that Mailchimp had been acquired by Intuit for $12 billion in cash and stock. Because of the recent headlines that have hit the mainstream tech sites, regarding this acquisition, I thought it would be nice to counter the false “overnight success” narratives with an honest discussion about how Ben Chestnut, co-founder of Mailchimp, really helped to build Mailchimp to where it is today. Until now, Ben's story hasn't received a ton of articles published about the savvy way in which Ben and his co-founder built this billion dollar enterprise without any venture capital. But now that they have been acquired for $12 billion…you are seeing them everywhere. This is the REAL startup story! In this episode, you'll hear: Ben's early days and what led him to start MailChimp. Ben's thoughts on bringing capital into the business. How he stayed the course despite competitor noise. Tactics Ben used to acquire his first 10,000 users. How to determine pricing and consumer tolerance in a SaaS product. Ben's key steps to build a $12-billion startup. Ben's advice to any entrepreneur who feels stuck. Resources from this episode Grindology Magazine: http://grindologymagazine.com/ Grindology on Amazon: https://www.amazon.com/grindology ExpressVPN: Get 3 Months Free → https://www.expressvpn.com/startupstory Get Emails: https://app.getemails.com/referrals/newaccount?ref=R18HWW5 The Startup Story Inner Circle: https://www.thestartupstory.co/vip The Startup Story on LinkedIn: https://www.linkedin.com/company/thestartupstory The Startup Story is now on YouTube: https://www.youtube.com/jamesmckinney The Startup Story on Instagram: https://www.instagram.com/thestartupstory Ben's Twitter: https://twitter.com/benchestnut My LinkedIn Profile: https://www.linkedin.com/in/jamesmckinney1/ Share the podcast The Startup Story community has been so incredible sharing our podcast with others, and we thank you! We do have more stories to tell and more people to reach. There are three ways you can help. First, the most powerful way you can support this podcast is by leaving a review on Apple Podcasts or wherever you listen to podcasts.
Jonathan Milligan is an online business coach and author of Your Message Matters: How to Rise Above the Noise and Get Paid for What You Know. In this interview he shares how to combine your unique experience, personality, and skills to create a compelling message you can use to build a full-time profitable business as a messenger (or content creator) online.
Welcome to the trailer for Episode #388: How to Bootstrap past £10,000,000, with Ying Tan, a forward thinking, innovative and dynamic entrepreneur who thrives in building businesses and founded Dynamo. In this Wednesday's episode, Ying and I will be talking about bootstrapping your business. Here's some highlights: Entrepreneurship is about giving and realising this impact that you can contribute positive changes in the society is powerful Visualise your dreams and goals because this will allow you to plan and do all the actions to get closer to that visualization As a business owner, you have to have that balance between what's personal and what's business Join us on Wednesday for the full episode.
Alex Strathdee is the founder of Advanced Amazon Ads and bestselling author of Book Funnels & Amazon Ads: How to use your book & Amazon Ads To Attract Customers and build a 6+ figure business. In this interview he shares what makes Amazon ads unique compared to most ad platforms, and how to get started to use Amazon ads to steadily drive sales for your book (or other product).
Show notes:Links:Sweaty StartupHook RelaySpider seasonWrite for HoneybadgerAutomated transcript (only about 75% accurate)Ben So I've been, I've been using Hook Relay over the past week and I got to say, there's nothing as useful as using your own product to make you see places where the product can be improved. So I've, I've opened a couple of issues. Yeah, yeah. And uh, I mean, they're not, they're not major things, but it's like, oh, it would be nice if this was different, would be nice if that was, you know, different. And it's been, it's been good. So I'm, I'm looking forward to having those things done making the product better. And we, uh, you know, we talked about spending some more time, uh, development time on really the other couple next coming weeks and months because I've had some, some customer requests coming in. So Ben it's always a good feeling like when people are actually using it and saying, oh yeah, I like it, but couldn't do this like, Oh yeah, I could do that. It's fun. I love it. I love being developer and just building stuff. So much fun. Yeah. Josh Yeah. Looking at our, our dashboard, we've got uh, got a few New year's is coming in. Got some a little bit more revenue than last time I looked at this, so that's cool. Starr Yeah, that's good stuff. You know, it's the season for it. The, the pacific Northwest summer is long gone and we're just into the dark, wet now. We've gone through a spider season. Yeah, I mean, right, you've got um, yeah, you've got the summer, you've got spider season, you've got dark with it. Josh Is that from that like list of pacific Northwest Seasons or whatever, that's like . Starr You can, you can call me out on that. I was hoping to um, I was hoping to plagiarize. Josh We should, we should put that in the show notes if we can find it though. That's a pretty good one. Starr Yeah, that's a good one. Josh I don't remember them all, but Ben I'm definitely, definitely more productive in the winter time because like, I'm not outside playing, I'm inside hunkering down from the rain, the cold, so I'm like, I might as well do some code. Josh Yeah, Starr I mean, personally, I kind of um like I kind of stopped going on my morning walks in the summer because there's too many amateurs out. Yeah. And I started again once the fall comes, once it starts getting dark and drizzly and those are my favorite morning walks. Josh Nice even in the rain. Starr Yeah, especially in the rain, get out. Yeah, that's why you have a nice like Gortex raincoats and my scoots. Yeah, it's all about the gear. Yeah, it's uh, I don't know, this is very pleasant. I like it. The, yeah, the summer here, like it's nice, but after a while, the sun just, just starts getting to me. It's just like, I can't escape it. It's just boring into my eyeballs. Ben It is truly a thing around here when the sun has been out too long has been to many is people do get a little so crazy. Like I need some wet and so the first rainy day comes, you can just feel the relief. It's just, it's just, I don't know how to describe it. It's just a sense of community, like relieved that things are back to normal. There's, there's precipitation again. Starr Yeah, I came up with a theory and I have no idea how valid the series, so I'm just going to throw it out there because it's unfounded and I'm wondering, so like I realize this, this winter, this, yeah, this fall as I'm going out. It's like, okay, like the reason I, like this is because like everything is more muted, right? And I get over stimulated very easily. So, you know, noise and late and all that just kind of does it to me. Starr And but when it's like dark and gray, like for like, I don't know, this may just be my, my perception, but like the water vapor like mutes the sound a little bit or something. It's not quite everything. Like all the edges are more round and pleasant, nothing is quite as sharp and stab. E And so yeah, and Seattle Seattle is like the pacific northwest in general. It's just like, it draws in like all the computer nerds, all the, all the people who just like it here and like that kind of environment. So it's like, oh do we all just, you know, we all have like sensory issues. I don't know. Josh That's why all the tech companies are in Seattle. Yeah, probably. I think I need to get an office still because I think like, I think, I think Ben's right, like I I also would be more productive in the winter, but like working from home in the winter with with uh like Kindergartners is a a different experience than working at home in the dark by yourself. It's a bit of a challenge. So yeah, Starr when you turn on the lights while you're working, you don't just leave them off. Josh Yeah, sometimes I leave them off. Oh yeah, Starr that's because you're a real hacker, I've been doing more marketing stuff lately. So I turn the lights on. I use light mode. Josh I mean you probably forgot how to touch type, you know, and use them with you shut up, Starr shut up. Shut up, you shut up. I get to say that. Not you. Josh So you have to have the lights on. I'm sorry. Starr Yeah, I don't have one of those keyboard with a blank key caps. Josh Like truth be told. I've been um doing a lot less programming than I used to as well. And it's, it started to bother me a little bit lately. So I've been trying to find ways to get back into it because I'm like, if I'm gonna like forget how to build a rails app if I don't, if I don't like, you know, do some do some work. Ben We do have like items in our backlog for Honey badgers. It's true. She can find something to do. Yeah. Josh I don't know, it's just weird like having like a legacy rails out for so long um Like even when you are working, like even when you do work in it, it's still like, I don't know, like your, it's, you know, I'm like not utilizing a lot of the knowledge that I built up like, like we we all built up working on client projects, like where you're constantly solving new problems and like building things out. Like a lot of those decisions are already have long been made in a honey badger app. So it's like, yeah, it's, it's weird. It's a little bit different. Ben That's been nice about having the side project because like starting a new rails app and making new decisions and trying the new things and new toys like hotwire and you know, stimulus reflex, all kind of stuff. Like it's, it's been, it's been fun. But hey, you know, maybe uh you know, talking about client work like, hey, take on some client work, right? It could uh do something completely different and take on Josh an option for sure. Yeah, I thought that could be fun. Ben Good old days Josh build a green field, a green field ap Yeah, Josh this I mean, I think we're talking about like the problem of like what to do with your time when you're, you're like app is like nine years old and stable and, and you have all this time on your hands and you know, want to still build new things, right? Starr Yeah, I've got a question like for, I mean, y'all probably don't know because you haven't been freelancing for a while. But to all the freelancers out there, do do people still um do people still higher developers to build like, you know, facebook for x. Like it's like, I just remember working on so many like facebook for so and so um facebook for um nurses, facebook for, you know, whoever and it turned out the facebook for all those groups with facebook, Josh right? Was that before facebook groups. Starr I think so. Yeah. Yeah I think so it was. Yeah. It's just weird Josh because it's like I was our era I mean like for sure like our era freelancing was the facebook for ex Yeah Starr because like the social media like the social network had just come out that movie about facebook and so I really wanted to be the next facebook by copying facebook for some vertical. Ben I was just I was thinking back to the are kind of projects that we built you know, talking about the facebook for X stuff and uh I think I was like what was my favorite project and the one that I can remember maybe so I guess it's probably my favorite because when I remember the most and remember the most kindly is the Montessori project that we did. That was a lot of fun. Yeah. Remember started a lot of work on Josh that project. Still around you know. Ben Yeah, it's like still making bank. Mhm. It's gonna be like years older now by now or something. Yeah. That's awesome. I wonder if it's still on rails too. Josh Yeah Caitlin was doing some shopping for the kids last night and she was looking at Baden kids brand. There are many many Baden and I don't know if that name rings a bell with you Ben but it doesn't because they were one of the they were one of the affiliate shops with today shop flashbacks man. I'm much. Yeah I have all these like I've had all these like kids kids clothing brands like just like programmed into my brain for the last years now. And now that I actually have kids like they're all resurfacing. So Starr that's where that was like another that was like another um era which was the um it wasn't the facebook for X. It was the product aggregator. Like we're gonna make we're gonna make a website that aggregates lots of products across you know for different companies and we're just gonna be like an affiliate. We're gonna be really good. S. E. O. Josh Yeah it was like the um and and that trend was like kind of I mean amazon was definitely around then but it was like I think these days like amazon is now where everything is pretty much aggregated like that. So this was like I don't know it seems like pre pre amazon like at least in their current scale. Starr Yeah I mean amazon missed out on that. Sweet sweet. A sai Buri affiliate money though. Uh huh. Or it's like you got I don't know what it was like or bucks if he was an affiliate could like sign somebody up first. The scam a sai buri like subscription service. Well what it was just affiliates but it was a scan because it was recurring charge and people weren't familiar with getting recurring charges. Yeah so um well you don't Josh want to boost your health just once. Oh no. And then lose out on all those benefits. So you're really I mean that's like in the that's in the interest of the customer star. Starr Exactly. One of my friends worked um back then worked at a ah the call center for a bank and like half of her calls or just people like what the hell? Like why am I keep getting charged for this? Josh Like all of your support requests or start with what the hell you work in a bank. Ben Yeah. There's a lot of fun things to do when the projects are new and it's all green field. But then, you know, there's also fun things to do when the projects are nine years old. You know, like I was pleasantly surprised on monday morning to find that our database server had failed on sunday morning. You know, it's like, Oh really? That that happened. But our our high availability set up actually worked and the fail over happened and it's just like nothing, nothing happened. I mean these days of course you? Re wild, you would not even set that up, right? You just use already s or you would, you know, there's there's like a gazillion post graze as a service services out there now. But you know, back in my day, you know, we had to push the bits uphill both ways. Right. Mhm. Josh So yeah. Imagine if the database server failed in like year two. Yeah, back on, back on snickers. Starr Yeah. Yeah. Well our servers were named after candy bars. Candy bars were Josh still I love that. We're still on first name first name basis with all of our old servers. Ben Uh My favorite tricks though, Josh tricks. Yeah, Starr I mean it makes sense why that whole hosting platform didn't really work out for us because Trix are for kids been. Ben I know, I know, but then my kids were young enough then it made sense. Josh Yeah, these drinks, we should build a we should we should do a client project just for fun. I mean and obviously Starr obviously right, Ben your friends but of course is gonna be for money. Yeah. Josh The great thing about client projects is like you get to build them and then and then you get to like, never see them again. Ben It's like, it's like, it's like being grandparents right where you can send the kids back to the parents like oh we'll have some fun, will spoil the kid and then send them back to be the parents so you can grow this little rails app and you can have some fun with it and then send it off, you know? And Josh yeah, yeah. And then you're like, you're like, oh I wonder what happened to deteriorate. Starr Like a couple of years later, you were like, oh, I wonder what happened to little timmy and see a google him and he's dead. Uh huh. Josh Yeah. Four little timmy. Mhm. Yeah, there's um I unfortunately I think a lot of my old client projects are in that category, but I think that's just kind of the way it goes. Ben But you know, I remember the primary struggle that we had the with the ones that didn't, one that weren't reported means I was like, what do we do with it now? Because we like to building new things, but we didn't really like running them, you know, we didn't wanna be on the hook. And so it was like, it's great, you have this new app go enjoy, right? And they're like, yeah, but you know what about something breaks? It's like, oh, well, good luck, you know? Yeah, I Josh was thinking about that recently, like, like does that still fly? Like what do people do these days? Like, I don't know. Ben I would like to know Josh if you have a non technical, like, I don't like, to be honest, um you had a knack for like finding those people that seem to been because like, you find these people that are just like nontechnical. They they just have an idea like, you know, they're like, like Star said, like the whatever facebook facebook for X people, but like, they just have you just build it for them? And then yeah, they would kind of just be like, now I'm I'm like, I'm a tech founder now, Starr can I tell a funny story about um So I used to live in Tulsa Oklahoma is where I went to college and live there for a little while after and one day I was at like a local coffee shop and there was this guy who actually, I saw a couple times at the coffee shop who just um was chatting up the brief, such adding up everybody around him about this app idea. He had um called the love button, which is just, oh my God, like that, that name, but it's called the Love button. And uh basically it's not, it's not a dating app though, which is like, you know, you're winning when you have to explain that your product name isn't what people think it is originally at first glance, it's not a dating app. It's a uh Starr it's about like you can put in like what do I love to do? I love carpentry so I can press the love, but you have to press it, it's important. And then it um he didn't say this, but I was sort of imagine like a slot machine type, you know, spinning type thing, like whirling and then it pops up the people nearby you who also love that thing so you can stalk them. Uh huh Ben uh huh. I was with you right up to that Stockport. Starr I mean, well, I mean that's I had at that part, but I mean, it's like we've seen what happens to the internet, we've seen having to go, Josh it just like has their contact information. Like it's a Starr yeah, it's just, it's like, it's a way for, yeah, it's a way for people to have uncomfortable interactions. So it's like, Ben it's like chatroulette but in real life, Starr in real life. Yeah, I'm just sitting there like why the hell would anybody ever consent to that ever? But maybe I wasn't the target market, you know, Ben mm maybe, maybe not just trying to think. You definitely want to involve a map of nearby welded locations for people to meet up. Josh Maybe you just don't love anything enough to press the button. Yeah, maybe you like really have to be into something Starr and then it just shames you. It's like, hey, what's the matter? Josh I mean like to be fair like craigslist exists and like people, people do like respond to all kinds of things on craigslist and I'm sure are not in well lit locations. So you know, maybe this, maybe this love button app has like a, you know, has like a pivot or something. Starr Yes, I mean, I don't know, maybe he was going to pivot it to grinder, who knows? Ben Yeah, Well, you know, another option to just building apps would be buying apps right? We could hang out on micro require and, or flipper or someplace and uh, you know, for these for these developers who built the thing and don't want to run it. You can just buy it and then we can run, Josh no, I think there's, I think there's probably something there potentially for us because we, we have some of the experience now that maybe they don't, they didn't um, you know the people that someone that just build something to a certain point. So, and we have a marketing engine so we could potentially like acquire something and then plug it in to our existing systems. So that could be fun. Like, you know, I mean like this is like instead of, you know, like, like I got a friend in construction and him and his dad like flip houses, you know, like that's the, the thing they do but are, are flipping houses is like flipping flipping SAs apps I think because you know, that's like our, maybe someday you'll be um flipping saps with your, with your boys. But Ben mm hmm. Uh huh. We'll have a show on tv about that, you know, let's take it to the next level. Instead of just buying zaps and flipping it. Let's, let's get investors. Let's get some, some, some of the partners up in here and we can use their money to go buy the apps and then we'll run them for a while. Then maybe sell them. Then we can be like those cool kids that are out there like buying all these as apps and doing the investment thing, right? Josh Yeah, I like it. These are good ideas Starr are private and private equity firms. The cool kids. Yeah. Yeah. I guess I guess you're right for some value of cool, right? Ben If you ask the private equity firms, they will say yes, they are the cool kids. Starr Yeah. Josh There's a lot of new types of private equity these days. It seems Josh okay. Yeah. We need to take stuff. Ben Yeah exactly. Take advantage of this new micro pipeline like you know, tiny seed and calm fund, right? We need to, we need a pipeline like okay, those are the feeding into the pipeline and then we do some magic somewhere along the process, right? And then outcomes bigger companies and we make money somehow. It's kind of funny but I think we can make it happen Starr if you just took all those platforms up to each other in a circle, you get uh infinite motion machine, right? Oh. Mhm. It just keeps getting bigger and bigger until somebody goes to jail. Josh I thought you got like an R. Burrows. So I hear you pronounce that the snake eating its own tail. Starr Yeah. Ben Or we could go in a completely different direction. I saw a tweet from Patio this morning where he was uh he was referencing a tweet from sweaty startup and if you don't, if not familiar sweaty startup, you really got to go check that out because that's, that's some cool stuff. Like he hangs out and read it, his cool beans. We'll put some links in the show notes if you can check it out. But somebody started up dude uh he bought like a storage company, self storage company and like applied software to the process because like they were still like, you know, pushing paper around or whatever. It was old school and then really like juice that business and made it pretty cool investment and so Ben thinking, yeah, we could, we could do that, we could go, we could go old school and get all these old school businesses that are not online and apply our our marketing juice and Josh tear it up. I'm down to buy like a brick and mortar. Yeah or something. Um Just first of all though, you can't introduce what the startup guy as sweaty startup guy. He's the tomato guy right? Like this is the guy that was like trying to sell like it was like bragging about how he could like whatever like like grow a tomato farm to like a billion dollars. But he Ben was sweating startup guy before he was tomato guy. Josh Well because that was, you don't start that was an epic troll. Did you did you catch that at the end? Like it's it's pretty amazing like. Yeah, it turns out that guy really like that. Really not like he knows his shit apparently. And I mean like probably also know like I'm like having like followed him a little bit like seen some of the things he said like I might be inclined to like listen to him on the tomato thing, Josh Maybe I can make a fortune of tomatoes, you know. Mhm. Ben Mhm. As long as you don't live in Seattle where it rains nine months out of you. Ben Yeah, no sweat. He started like I've been following him on Reddit for the longest time and I just love, obviously not every idea is genius, right? But I do love his approach. Like get in there, do the work, do the work that other people aren't willing to do or that people are just haven't really caught on to yet. Like one of his, one of his classic things is like just go start a pressure washing company right? Go knock on your neighbor's doors and see if they want their driveway pressure washed and then and then pressure wash it right? And then you do that and you get some gaming experience and you provide a quality service and lo and behold now you've got a business, right? So I think I just like his his ethos of just go in there, Ben do the work and try to make it happen as opposed to right, You know. Mhm. Sit back and complain or whatever. You know, it's just kind of like the I just like that I would Josh I would hire that person by the way um because I could use some pressure washing like the moss around my house is just out of control Ben really. Again pacific northwest Yeah, Josh you know that's pretty cool. Um And I like the just the thought of like I mean they're so it feels like there's so many um little I mean there's so many business problems out there that are in the real world that will they need a software solution and um will eventually happen. Um It just like it seems like in order to solve those problems you have to have some sort of like actual like proximity to the problem. So like maybe the way to like get into those problems is just to go out and start doing more stuff in the real world and see where you know like see where the pain points are. Ben So you're saying if you want to build software for dentist you've got to become a dentist. Josh Yeah. I don't know like at least like yeah work it in reception or something or have a lot of cavities just go like do stuff for oh yeah, just be a repeat customer for this. Ben Yeah. Yeah. I just I just love how there's so many ways to make money on the internet. It's amazing. Starr Yeah but the sai buri opportunities are long gone. That started a long time ago unfortunately. Josh I think we'll see more. We'll definitely see more internet scams in the future though. So hope is not lost. Ben You mean like thank goodness. Josh Oh shots fired. Josh I like I really want to see just like a like a smart contract. MLM. I mean like I think there might be something out there, but like, I want to see one. I just want to see one succeed, you know? Um Ben Okay. You have to, you have to be the change that you want to see in the world job. Uh huh. That means you have to do it yourself. Josh I know. I don't know if I can, I just don't understand that world. Like, I don't know. Like, I'm sure I could go like build, yeah, like comprehend the technology. But I just, I don't know. I'm just not motivated to at all. Like I've kind of tried a little bit, but Ben yeah. Yeah. I'm still the old guy shaking fist at cloud stage of N. F. T. S. I'm like, I don't get it. Get off my lawn. Yeah. Josh Well, there will be something there. I'm sure the FTS necessarily just in, in the, in the technology in the future. Ben But my one of my sons who's really into tech and keeps on top of these things every time I say N. F. T. He's like money laundering. I think that's a really Matic response. It's like, well, okay, I'll trust you Josh get that kid. A twitter account. Ben Yeah. That's, that's interesting. Things like my kids not into facebook, not into twitter, you know, there's not Starr social network for old. Tiktok Ben absolutely hate Tiktok. Yeah, It's like, it's the opiate of the masses. It's like, well, okay, that's technically. True. Starr Yeah. I don't know. I really like to talk. It really depends on like, where um like what like you follow and all that. It's, you know, it's just like twitter and that really? Josh Yeah, yeah, I, I signed up for a Tiktok account recently just to check it out and see like what, where the rabbit holes go and um kind of scared me a little bit, but I mean maybe that's because I was like trying to see how bad it was versus how good it was. So maybe I should do a different experiment where like, I only Starr like the trick is to take on cat videos or whatever trick is to like follow the things that you like and then you'll get more of those and all the things you don't like, you'll get more of those, Ben yep. So you said it was scary was more or less scary than kid Youtube. Josh Uh I haven't really, I don't know like, I mean just the whole idea of Kid Youtube is scary, so it might be just different kind of different things, but just like the algorithm, like the algorithmic bubble that Tic Tac seems to create. Like, I mean, all of these, all of those services have that, but like maybe it's because like the videos are so short and there's so many like strangers that you can end up following or whatever, but it just seems like you could like someone who doesn't understand how that works, could easily end up in some sort of like alternative universe. Uh you know, Yeah, yeah, again, I have Starr used as um I don't know, it's interesting to me because it's like much more than other, much more than other services. You can really see the algorithm at work. Like be like, okay, you're, you're like testing me to see if I like this um carpentry videos where people take these very expensive, expensive looking hand planes and then like play like take minute lee thin shavings of very expensive looking wood. Um So you watch the whole video, so I'm gonna give you like three more of those. We're gonna see how you do on those. And um and then like sometimes it gives you things that you're just like, nope. So it's like, I just don't want the algorithm just just see that I'm watching this, so I'm just not even gonna try. Josh Yeah. You have to like, you have to tend to tend your algorithm. Yeah. But in order to do that, you have to understand that that's what you're doing. I think we're in a good position to do that. Yeah, Starr But also just like the tactic, the tactic, What am I saying? The content on Tiktok? I think it's in my brain, it's I'm just nothing I say is like everything I say is it's going to become some variant of Tiktok um the content I found it's like, I don't know, like, I I and much happier, like looking at Tiktok because it's like you know, I don't know, I guess I'm just looking at happy or content. The Josh content is so like the whole like the niche aspect of the content, like you said, like the narrowest type of video, like, like a hobby but where people are like, you know like whatever creating very thin strips of wood and there's some sort of like, you know, just like they can feed you very specific types of videos to see like and then you can get into that like specific like subset of like whatever woodworking video. It's not you're not even into woodworking at that point. You just ended this like very like Misha part of it. Starr Yeah. I don't know. That's well, see I'm sure I'll get bored bored with it eventually. Josh I don't think you will. Starr You know, it's ever renewing stream of just Josh delicious content. I trust trust algorithm, you trust, Starr I trust in the algorithm to josh to Josh keep you to keep you engaged. Yeah. Yeah. Starr Okay um you all have been listening to another episode of founder quest if you want to um review us on apple podcast or whatever it's called these days, go for it. Um You want to write for our blog and we've got to write first page on there at honey badger to I slash blog um scan for the right for us link, that's your first assignment. Um Until yeah. Until then. Um See you later.
There are two general schools of thought when it comes to starting a new business: the "boot-strap" method or venture capitalism. However, no matter which way you go there will be a period where you just have to wait. Waiting is a part of business just like anything else, but what you choose to do while you are waiting for your business to take off is what will make or break you. This week, Jeff Kahler discusses his struggles with waiting, shares how he makes the process "easier," and explains what you shouldn't do during the wait. Plus, Jeff and Producer Kelly start a brand-new business… will it be successful? Share your thoughts and experiences! Email us at email@example.com.
Julie Broad is the founder of Book Launchers and author of multiple bestselling books, including Self-Publish & Succeed: The No Boring Books Way to Writing a Non-Fiction Book that Sells. In this interview she shares how to create an engaging book your customers will read and recommend (as Julie says, #noboringbooks). She also walks through the self-publishing process from start to finish.
Each week, the founder of a company or brand shares what worked for them, what they needed to improve on, and all of their learning lessons along the way.Episode #156 - "What It's Really Like to Be an Entrepreneur" has been rebranded to "That Entrepreneur Show" https://www.VincentALanci.com/.For the seventh episode of Season 11, you will meet an entrepreneur whose name you will hear for decades. Some of the areas Hunter Beaton will touch on are the lessons he has learned from balancing a full-time college education course-load with running an award winning business, how to expand your idea or business, what to look for in board of directors members and so much more!Hunter is the Founder of Day 1 Bags. He is an award-winning entrepreneur and has made a difference in thousands of lives… and he has not even graduated college yet. He is a UT Austin Distinguished College Scholar, Eagle Scout, 2020 Alamo Area Council of Governments (AACOG) Regional Citizen of the Year, and Hill Country 40 under 40 Winner.Day 1 Bags non-profit is an organization aimed at supplying quality duffle bags and backpacks from Flying Circle Gear located in Boerne, TX to foster children nationwide.Foster youth have been taken away from their parents, toys, maybe even their siblings, and told that they have to live with these new people. Imagine what that must feel like. Not only that, they have their only possessions in a TRASH bag.Head to https://www.day1bags.org/ to learn more about the incredible work Hunter and his team are involved in. To email Day 1 Bags, head to firstname.lastname@example.org.Host Name: Vincent A. LanciEmail: PodcastsByLanci@Gmail.comYouTube: youtube.com/channel/UCy0dil34Q5ILEuHgLVmfhXQInstagram: https://www.instagram.com/thatentrepreneurshowFacebook: https://www.facebook.com/ThatEntrepreneurShowTwitter: twitter.com/PodcastsByLanciLinkedIn: https://www.linkedin.com/showcase/thatentrepreneurshowFor Digital Editing Inquiries: Email PodcastsByLanci@Gmail.comHappy | https://soundcloud.com/morning-kulishow/happy-backgAdventure by MusicbyAden | https://soundcloud.com/musicbyadenCreative Commons Attribution-ShareAlike 3.0 UnportedSpotlight Story & Quote Source: www.successories.com.com, Wendy's.com
This week Jon and Justin discussed: Tweet: what should we talk about? Justin's daughter wrote an article for the Transistor blog: https://transistor.fm/gen-z/ Customer case studies Dynamic audio insertion Integration with Descript Book: Range by David Epstein What should we talk about next? Twitter: @buildyoursaas, @mijustin, @jonbuda Leave a review/comment on Podchaser; it's like Reddit, but for podcasts. Email us: email@example.com Thanks to our monthly supporters: Mitch Harris Kenny, Intro CRM podcast Oleg Kulyk Violette Du Geneville Take It EV podcast Ethan Gunderson Diogo Chris Willow Borja Soler Ward Sandler Eric Lima James Sowers (like Flowers) Travis Fischer Matt Buckley Russell Brown Evandro Sasse Pradyumna Shembekar (PD) Noah Prail Colin Gray Josh Smith Ivan Curkovic Shane Smith Austin Loveless Simon Bennett Michael Sitver Paul Jarvis and Jack Ellis, Dan Buda Darby Frey Samori Augusto Dave Young Brad from Canada Sammy Schuckert Mike Walker Adam DuVander Dave Giunta (JOOnta) Kyle Fox GetRewardful.com ★ Support this podcast on Patreon ★
Rodney Campbell & Keith Richardson are Co-Founders of More In Common and creators of the More In Common Podcast, a social experiment to prove that we have more in common than that which divides us and prove its beneficial to have conversation with people of disparate points of view. On their podcast they explore a variety of tough and controversial topics such as race, politics, mental health, child abuse, parenting, and many others with guests ranging from Kristen Bell to Jason Primrose. WHAT YOU WILL LEARN IN THIS EPISODEWhy we currently have so much disconnection and divide among people in our societyWhy conversation is one of the foundational skills that underlies all other problemsHow to have a compassionate conversation without having to agree with the other side or even like themThe power of podcasting to effect othersHow to talk about controversial topicsand much more...Full show notes, transcripts, and resources can be found here: evolvethe.world/episodes/66 TIMESTAMPS(00:00) - Introduction(01:02) - Rodney & Keith's Mission(01:39) - Why Compassionate Conversation is a Metaskill?(05:06) - How Evolution has Influenced Conversation(09:54) - How Lack of Connection has Increased Loneliness and Depression(15:29) - Self Awareness and Conversations(19:11) - What is a Companionate Conversation and How Does It Feel?(27:15) - What it the M.O.R.E. Approach?(31:48) - Why Did Rodney & Keith Start a Podcast to Demonstrate Compassionate Conversations?(35:49) - How has the Podcast Changed Lives?(39:53) - How To Help Others Open Up to Vulnerability(42:36) - Rodney & Keith's First Discussions about Controversial Topics(53:11) - Labels of Others and Us vs. Them(59:04) - What They are Teaching Their Children About Human Connection(1:03:20) - Call to Action(1:05:04) - How To Push The World To Evolve
Mickie Kennedy is the founder of eReleases and author of The PR Strategy Manifesto: 8 Steps to Build a PR Campaign Designed to Get Massive Media Coverage. In this interview he shares how to get major media outlets to advertise your business for (nearly) free by sending a strategic press release campaign to get a steady stream of earned media, exposure, and high quality leads.
Show notes:Links:Umm...here's a picture of a Honeybadger sleeping on our 404 page. He's definitely sleeping.Transcription:*Note, transcription is paraphrased with 1.3% accuracyBen "Expired certificates, yada yada yada, internet broke...no episode. Bada-boom-bada-bing, have a good weekend."
Timmy Bauer is the Founder of Dinosaur House and author of Lucas the Dinosaur Entrepreneur: What Does Monetize Mean??? In this interview he shares his unique strategy of publishing kids books to position clients as industry leaders and serve target customers during their most precious moments, as they read books to their children.
At episode 700! of Chit Chat Across the Pond we take Programming By Stealth into what Bart is calling Phase 2. We've learned a great deal about the client side of programming and we're now going to move to the server side of the web. As Bart described Phase 2, I realized that it's as though we've finished out undergraduate work in computer science, and we're entering graduate school. That observation is not based on the concepts being harder, but rather because we are going to work as a collective to help our professor on a project that's near and dear to his heart. Bart created the fabulous web-based password creation tool at xkpasswd.net many years ago, in fact so long ago that it's on a very creaky set of tools that have been deprecated and the entire service will die if it doesn't move onto modern tools. This will be a great excuse for us to learn to work on the new tools as Bart is forced to learn them and at the same time we will be enlisted to help him with the development of the new and improved xkpasswd. I was really excited as I listened to Bart lay out the future of the next 100 or so episodes and everything we're going to learn. Whether you've been working alongside the rest of the listeners since Programming By Stealth 1, or whether you're a seasoned programmer who'd like to learn the new tools like Bootstrap 5 and PHP 8, I think you'll have great fun with the next phase of Programming By Stealth. You can find Bart's strategic plan for Phase 2 laid out at bartificer.net
At episode 700! of Chit Chat Across the Pond we take Programming By Stealth into what Bart is calling Phase 2. We've learned a great deal about the client side of programming and we're now going to move to the server side of the web. As Bart described Phase 2, I realized that it's as though we've finished out undergraduate work in computer science, and we're entering graduate school. That observation is not based on the concepts being harder, but rather because we are going to work as a collective to help our professor on a project that's near and dear to his heart. Bart created the fabulous web-based password creation tool at xkpasswd.net many years ago, in fact so long ago that it's on a very creaky set of tools that have been deprecated and the entire service will die if it doesn't move onto modern tools. This will be a great excuse for us to learn to work on the new tools as Bart is forced to learn them and at the same time we will be enlisted to help him with the development of the new and improved xkpasswd. I was really excited as I listened to Bart lay out the future of the next 100 or so episodes and everything we're going to learn. Whether you've been working alongside the rest of the listeners since Programming By Stealth 1, or whether you're a seasoned programmer who'd like to learn the new tools like Bootstrap 5 and PHP 8, I think you'll have great fun with the next phase of Programming By Stealth. You can find Bart's strategic plan for Phase 2 laid out at bartificer.net
Show notes:Links:Felix LivniSchedulistaTranscript:*This is an unedited, automated transcript, with only about 80% accuracy*BenAll right, so, uh welcome the founder quest today, you have me, Ben, because Star and josh are taking the day off and we have Felix of me who is with us or with me chatting about uh founder related stuff. It's just one of our uh, intermittent founder interview kind of episodes where we're just going to have a great chat, talk about some stuff, so welcome Felix. Thanks. So, Felix was telling you tell me right before we got started about the differences of having an actual conversation versus a podcast conversation and you had a great great tip about email. So, if you don't mind, could you like, hit me with that again? Because I thought that's pretty cool. Felix Yeah, what I've noticed is if I write an email knowing that a lot of people are going to read this email, maybe it's an onboarding email that's going to be sent out to uh you know, many, many people, I don't seem to be able to write it in the same way as the emails I write to just that one person and I often feel that if I could just if I was just trying to sell to one person, I could probably do a pretty good job and I think the better attitude for me has always been to then trying to do that and then try and automate that and it turns out very differently than when I'm trying to to do the thing that is going to be automated right away. Ben So yeah, I like that, I've had the same kind of experience where it's like, well you spend a lot of time crafting, crafting, crafting and then it feels crafted right? It doesn't, it doesn't feel like a real email. So do you like uh Try to like email individuals for like times times first and before you get the final copy that you want to send everybody? Felix Yeah, exactly. And I think really not thinking about tools at all is really the right way to go about it um where all you try and do is think what is the best thing for this one customer and you do that for a couple of different customers and then you look for patterns and I would say when you do it a lot and this is the advantage you have with podcast is once you do it a lot, you kind of see some patterns as well, some sort of meta patterns of like how, how do the things that sound unnatural look versus the things that sound natural and I'll just tell you one that I've noticed, I don't know if this is something you've noticed, but when I write an email to a single person, it usually has one sentence in it, maybe two. Felix Uh but when I write something that I think is, let's say, an onboarding email of some sort uh it's not gonna be that short. Uh so that's definitely a pattern I've noticed. I think we we noticed that as consumers or business owners, when we see inbound email, we automatically filter emails that have just one sentence very differently than we filter ones that are multiple paragraphs. Ben Yeah, I never really noticed that. That's true. Yeah, because most of my personal emails are just like a couple of sentences, man, I was thinking back to the initial like set of onboarding or just stock emails that we had for honey badger, like, you know, you're building has failed or thanks for being a subscriber or whatever. And I was thinking back and like I wrote them and they're all like one or two sentences. I'm like, yeah, that's that's true. It's like versus this big long book, right? Yeah, Felix yeah. In general, I think I'm a big fan of looking at software, automating things that people already do. I think sometimes that's the best software and as opposed to sort of rethinking everything, because I think a lot of the time when you rethink everything, most things people can do just less maybe less quickly than it would be if it were automated. And so I think when you rethink everything a lot of the time, it doesn't fit as well as it seems like it might have back in the lab. Ben Yeah, true, we'll get back to that. I want to talk more about that, but I want to uh introduce you more fully since everyone might be thinking, hey we just dropped to the middle of conversations like yeah, you did just kind of jump in both conversation because Felix and I are old friends, we've been uh we've been hanging out and chatting about business for years now uh and Felix is an entrepreneur who is running a business called Schedule Ista, So Felix want to give us a quick rundown of what schedule list is. Felix Yeah, well before Schedule East it was scheduled to, it was sort of an idea of, hey I want to start a company that is a B two B sas company. And one of the very first conversations I had about that Was with Ben, I don't know if you remember, I was looking back through my email Ben yeah, Felix our mutual friend paul introduced us and the topic of conversation was marketing and BtB Sas um something admittedly I still struggle with, I kind of had it on in my mind is oh this is something I'm going to be bad at and I don't know how to get customers. Um maybe maybe I need to reach out and figure out how that happens. Um and I don't, I don't know if this is okay to bring up here, but I'm curious to know, I mean, tell me if my characterization of our conversation is correct, but that conversation way back then I think you were pretty pessimistic and or at least I think as a friend you were looking or as a new friend, you were looking out for me and you were saying kind of don't do this crazy thing. Um Felix Was that the advice you gave me and then if you were to meet someone like me today, would you, would you give different advice? Ben Yeah, my my memory of that conversation was not that I wanted you to not do it, but it was like, I I saw some concerns, some red flags and I wanted to save you some pain just in case you hadn't, you know, like considered like, because as I recall trying to, you know, rewind back to years ago, what that conversation was like, you're sitting across table from me and you're saying I want to build this business that's gonna require a lot of sales effort because I'm gonna be selling to some people that, you know, I can't really reach well online and here I was thinking, okay, so Felix is going to be like walking down the street, knocking on doors, trying to get people to buy his says and I'm like, Ben okay, sure, but are you sure you want to sign up for that? That's kind of but I remember is that is that kind of Felix remember, I think that's accurate and that's basically exactly what I did. And we even did some, some things like send out postcards. I might have mentioned that as an idea that I've had, I said, you know, I think uh well used to do that kind of thing and then it fell out of fashion, maybe there's maybe there's some wisdom there and I think um you realized how crazy I really was and how little I knew and there was nothing but love I felt coming from you, which made it even like harder to hear, I think. Felix Um so I believed you and the irony too is I think I would probably, so I don't you didn't tell me yet how your answer would change, but I would I tell people, I meet people all the time who say they want to start a bootstrapped company and my first inclination sort of out of love is to say, you know, that can be tough, it can be uh you know, I've seen lots of them fail. And is this are you sure this is something that you want to do? Yeah, Ben I'm totally with you on that. And uh funny, the funny thing is like, the postcard thing is stuck with me for years, like I still want to do a postcard mailing thing myself and I just never got around to doing it. Felix So we we did it um and it worked. It worked and then we never did it again. Uh I would say there's a pattern, everything that we have done has sparked actually just not that well. And I actually, this is one of the ways that I think about marketing is uh in a sense, it's stochastic or at least one way to view it is stochastic. So if you make a cold call, there's some chance that that the person on the other end is going to buy what you're selling, even if it's even if most people don't want it. Um Felix but it may not pencil, right? You may have to make so many calls that it just doesn't pencil. So in a sense everything works. The question is just how well does it work? And what we've found is almost everything does better than break even, but not by much and uh, you know, for probably for a variety of reasons, but we sent out, I think it was postcards. We scraped yelp. We looked at businesses that had five stars. They were only massage therapists. Uh and they were only in I think three cities and we sent, we didn't license the photography very right. All really. So I would, I would probably, it's hard to find Felix good photographs of you can license, but anyway, the photograph we sent out was this awesome black and white photograph that just looks so hardcore has joseph Pilates on it. So the guy who founded Pilates and he's in this weird machine that he built at home and it's so gritty and it would really resonate with the people that we were sending it to and so we sent out these postcards and we got one customer Felix that we knew of. The only way we would know about it is because if they were to type this long you're well that was on the postcard. If they just went to our site we would have no way to track it. So we have one. We got one customer, they're one of our biggest customers, we still have them today and it cost us bucks to send those postcards and get them printed and post digital that and yeah we you know had penciled I don't know if that proves anything but and I have had another conversation you know about a year after we sent the postcard. I talked to someone on the phone that was in Malta and this person Felix friend had sent them someone we've never heard of had actually emailed them a photograph of this postcard because she loved it so much and she had had it on her wall and she decided to give us a call. So I know that it had some you know impact and yeah there's been a lot of things like we've done like that that it's that we just never really try to scale but it does seem like it's got a lot of problems. Ben I love that. I wanted to answer your question. Uh, yeah. I think my answer today would be pretty much the same because it was like you said motivated from this place of love. Like hey, I just want to make sure, you know what you're getting into. Like sounds cool. But you know, and I love talking to entrepreneurs who have ideas and they want to run it by me and I always try to look for, you know, look for the good. Like, hey, yeah, that could really work. And also like bring some realism to the things like, hey, have you, have you thought about this because it might be something you want to watch out for, you know, Ben but it's never, I never want to say that out of like, oh, I shouldn't do that because like I don't know right? It's not my business. But uh, hopefully that's, that's taken well. Like, like, like you took it well. Apparently Felix I took it well. And I think the reason I didn't listen to you and I think it's the right reason was not because I thought you were wrong. It wasn't rational. I actually think there isn't a great rational reason to do these kinds of businesses a lot of the time. Um, just because I think we live in the world of tech, uh, it's pretty nice to go and work at a big tech company. It's extremely comfortable you get financially compensated great. I think what a lot of people overlook is the marginal value of any additional money that you might make is essentially zero. So doing financially better is just sort of not even interesting. So it has to be something that has to do with meaning in your own life. And Felix it's the kind of thing when you add up all the negative reasons to not do it, that you're gonna do it anyway. So I feel, I feel like that's another reason that I tell people, I don't tell them don't do it, but I essentially say, uh, you know, a bunch of things that are going to be really tough and I hope that they'll ignore me because I know that if they ignore me, they'll be doing it for all the right reasons, in a sense, at least in my opinion. Ben Yeah, totally. Uh, it's, it's so much, uh, I don't know if passion is the right word, but there's definitely passion in it. That's probably not all inclusive, but the, the idea that, um, once you hit a certain baseline of, of money in your life, like you're fine, like what's where's the fulfillment gonna come from? It's probably not going to come from other more money, it's probably gonna come from doing something that you really want to do. For whatever reason, maybe Ben like me, you're very independent minded and you don't like having a boss, right? Or you just, you see this need in the world and you can't let it go or it doesn't let go of you. Like when an idea keeps hitting me and hitting me and I know I'm like, oh, that's probably something I should spend some time thinking about. You know, I think this, this, this kind of selection process, not everyone is born to be an entrepreneur, but when, when you get that bug, it's kind of hard to shake it loose. Felix Absolutely all of those things you said resonate with me, I might add as well, being able to choose the people that you work with really carefully and also protect people. I think this this this makes sense. The kind of technology that you work with, it's no small thing to be able to say, I want to work on this cool new tech, just because I think it's cool. Which you seldom get to do that at a big company. Ben Yeah. Being all that self determination is huge for sure. So you picked a business so schedule, it's, it is a, is a scheduling widget that sits on websites that, you know, hair stylist or massage person can use to help, you know, schedule appointments online for their customers. How did you decide that was the thing you wanted to do? Because when you came to me, those years ago, like you pretty much already decided, I think you had some other ideas, but this was like at the top of the list for you, Felix how did Ben you get to that point where you're like, that's that's the thing I want to do. Felix Yeah. So uh I knew I knew a couple of things and I started this company with a friend of mine, Lowell manners, we were best friends, we work together. And so really everything I say here, we decided together, uh we saw the world pretty similarly, but we also built a lot of our theories about what kind of business we wanted to start. We built that together. Um and what we knew initially, I kind of was trying to remember exactly when you and I have that conversation and where in the timeline, I didn't know yet that we were going to do scheduling, but that's that's a good point that we had probably already decided that by then yeah, I knew that we wanted to do BB rather than a consumer product. I knew what we wanted it to be software and we wanted it to Felix be a bootstrapped company right from right from the initial uh, starting point. We knew that we wanted it to be bootstrapped. So we were we were intentionally bootstrapped. And so one of the core things we try to do is think about what is a bootstrap company, what makes a bootstrap company successful? How is it different from some other kind of company? And we came up with a a theory about her and the theory, I think is contrarian, But I also think that there's a lot of truth to it. So the theory was almost everything that is good about a venture backed company is the, if you take the opposite of that, it's good for a bootstrap company. So Felix I'll give you some example. I'm trying to find our original, I have my, because I was doing a little bit of research for this chat, I found our original slide that we made for ourselves and what we thought was good for VC backed companies was that there was a strong network effect, uh, that they had an idea that there was kind of a winner takes all when, when there was a product that there could be a winner takes all. That would be good. It would allow you to create a moat. Uh, and this would typically be in the form of a new idea because if there was an old idea that had a network effect, there was probably, there was too big of a mode to enter that Felix or it was, you could be a second mover, but you had something in your formula where you'd be able to kill the competition. So there's a, there's, there's this first mover benefit or the ability to kill the competition and then a lot of the time investors will ask how many competitors you have and they'll get worried if there's lots of competitors. So what we thought was good for bootstrap company was that they would be low network effects, that there'd be lots of winners, that there'd be no moat. That it was an old idea that was proven to work, that there were many late movers that did very well and that there were lots of competitors. Felix So if you pitch that to an investor, uh, you know, they'll, they'll, they'll be like, okay, you, you, you, you hit everything wrong here. Um, so we, we, that was, that was one of our sort of initial ideas and then we created a fitness function to evaluate a couple of things and I'm trying to remember what they were, but it was essentially how big of a network effect does this have. We were looking for a company that was for a product that was established, but not super mature. So it was right at that point where there were examples and we were specifically looking for examples of other boots trappers because we thought that other successful bootstrap, because we thought that that would be a good sign that we could do it too. So we were like opening up a coffee shop in Seattle Felix versus opening up a coffee shop where they've never tasted coffee. Those are very, very different. And there's difficulties for both. But at least when you open up a coffee shop in Seattle, you know, hey, there's gonna be people that are gonna enjoy coffee and you can look around and you can try and see what things work and etcetera. So that was kind of, you know, because we were bootstrapped and self funded, we thought that seems a lot less risky and that seems like an environment that we kind of have believed in. We like the idea that there could be lots of coffee shops and that they were in competition with each other, but not in a way that an independent coffee shop sort of desires that no other coffee shop exists. Ben Yeah, I like that contrary and take agree investor probably kick you out of the office for coming up with that. But I mean what you're describing is like there's a healthy market already, right? There are people who are already looking for this product, like you don't have to convince someone that hey, you want to drink coffee. So kind of my coffee shop, right? Ah and if there are a number of businesses already doing that, you know that Felix it's viable, Ben right? Uh people spending money in that marketplace because there's other people currently receiving that money. So yeah, I think that's some pretty awesome criteria there. Felix Yeah. So we, we wanted to come up with businesses and then evaluate each of these and then choose the one that we thought would be best for us and it wasn't completely scientific, but we did use uh, uh, you know, some numbers next to them and we had some kind of internal calculus that we did and I'll give you some examples like e commerce is an example that fits a lot of what what I mentioned, but it's too mature and so we thought okay e commerce uh there are, you know, since we started actually there's been some companies that are in the e commerce space that have done extremely well. Felix I'm not sure when Shopify started maybe a little bit before us, but around that time. Yeah, but around that time and there's other examples that didn't do, you know, aren't as well known as Shopify but still did very well and I think it's because they have all of those criteria that the investors would not be so excited about, but they don't have strong network effects. So I think this kind of contrarian idea does, does hold some does hold some water, Felix but so for us, e commerce was too mature then we thought of a bunch of ideas that they might have been like one or two examples of, but we thought it was too knew that it was just not yet proven and was a little unclear exactly where this was going to lead. So there were a lot a lot of ideas that we had around doing kind of online ordering from your phone that kind of dovetailed with how businesses already did business. So you can imagine you're sitting in like a T. G. I Fridays and you can order right from the menu from your phone or you could order from a from the waitress or you could be in a bar, you could maybe order some drinks at the counter and then at your table you can order, Felix you know, additional drinks. So we're looking at lots of things that kind of intertwined with how the real world does things, but automated some aspect of it. But we thought we can see a little of this, this was before a lot of the online ordering that we have today because this is back in . But I think it would be much more viable to do to do those things today as a bootstrap company. But a lot of these ideas I think are more would be more interesting as a venture backed company. So those ideas were lowered down on our list. I did think of an idea actually um called, I think it was tell the manager or ask the manager or notify the manager or something like that. And I pitched it Felix at a probably the only start up of the local and I ever went to was like it's night in Redmond and we went to this event and I pitched it and about six months later I was contacted by someone who said it looks like you never did that, do you mind if I do it? Uh and the person did it and did did well, so it's a funny story. So there might have been other ideas on the list that, that are still interesting. But yeah, so online scheduling really hit that sweet spot. It's very similar to e commerce in a lot of ways. I think in ways that maybe people don't really realize actually, but it's a lot less immature even now, years later. Yeah. So yeah, that's, that's, it seemed good to us and we were like, let's do it. Ben Yeah, I love it. And I like, I like the, I love the contrariness that's right up my alley. So you started this with bowl, You worked together, built the business at some point. I mean I've known you all this time and I know now that you're not working with low anymore on the business on a regular basis. So what, what happened like just in general, like what was that transition like and you know, what are some lessons learned from the co founder experience and now that co founder is no longer with you? Felix Sure. Um Felix yeah, let me, I don't know the best way. There's so many different ways to tell the story. I would say. One way to tell. It is to tell about how we founded the company. So we founded the company in my backyard, we had a conversation one summer day and we were drinking some beers and one of us said we should really just start a company and uh, I think I must have said that and Lowell said I'll quit, I'll quit tomorrow, let's do it. And uh you know, I knew he was joking, but as he left, I was like, okay, don't quit. Um Let's think about this, I'm really excited, but let's think about this. And the next day he, he texted me and he said I quit, have you quit yet? So Felix I then, you know, took about another two days and and quit. Uh Ben that's that's jumping on both feet right there. Felix Yeah, and I think sometimes, you know, the biggest decisions that I've made, I've made sort of the easiest and maybe Lowell doubly so ah and I would say that's that's kind of how we separated too. Um It was really, really, really, really good until one day it was um and I think, you know, when you start out on, you know, definitely when we started out and I think this was maybe more true for Lowell, who is significantly younger than me, I think if I had said, okay. Yeah, but there's one rule, we've got to do it for four years, he would have been like, what? Hey, wait a second, I need to think about this a bit more. So it was unclear like Felix we we thought, I mean, to be honest, we thought our first few ideas would fail and we were looking forward to that because we were thinking we would learn a ton, we were really aiming where the direction that we thought that we would get the most learning and there was no sort of long term commitment other than we just, we we thought we were gonna have a lot of fun. We did have a lot of fun. And I think that there was a point where there were some other things in that local realized that he wanted to do and when he, when he realized like, Felix oh there might be some more long term commitment involved in this, uh it didn't seem so great anymore and it kind of happened at a time that was extremely destabilizing for both of us. We, we had entertained an idea of selling the business and that would have come with kind of some golden handcuffs which kind of explicitly put into uh, you know, black and white, this kind of long longer term commitment. So I think it's a bit more complicated than that. But it wasn't, it wasn't something that built up for for years and years and years and just, you know, kind of deteriorated. It went pretty rapidly from uh this is amazing too. Let's not do this anymore. Ben Yeah, I would like to see that. Yeah, that makes sense. If if your expectation is to just, you know, do whatever and then all of a sudden is like, oh, you want me to commit to the next five years, whatever. That yeah, that could definitely put some cold water on it. Felix Yeah, absolutely. And it felt very different after he left, but it has a business wise, the company has done, has done great. I would say as far as how it feels today, I enjoyed it more working with him to be totally honest. Ben Yeah, it's nice. It's, I mean there's so many benefits to having a co founder, having the accountability is one that people often think about, but you know, just having the camaraderie, right, you're, you're doing the same thing, you're in it together. You know, it's uh, Felix yeah, to me, I think it's a lot harder Ben even even as as independent as I am and as self directors, I want to be, I do feel it's harder to do something so completely, so low because you just have to have all that motivation yourself and there's no one happening out. Felix Yeah, absolutely. I agree totally. I would never have been able to do schedule is to, without having role as a co founder, it is much easier to run a company that's already in place than it is to start something from scratch and there's just no way that I, that I could have done it and it's not from, hey, it's not so much that we complemented each other's skill wise or anything like that. It's just the, there are a lot of things that are psychologically difficult and doing that with someone else makes it possible, in my opinion. Ben Yeah. Yeah. I feel the same about honey badger. Like there's no way it could have been done with the three of us working together, there was just, I mean, first there's a lot of work, but also, yeah, getting through those times where it's just a struggle is Yeah, I think I would probably throw in the towel if it hadn't been to have two good co founders who helped me out. Felix Yeah, absolutely. Ben So I know from our conversations that we have from time to time, that you spend some time mentoring people who are looking to start businesses or who are just, you know, in the beginning end of this, this entrepreneur adventure. So what, what are the two or three kinds of themes that you see coming up time and again, people coming to you and you're like, uh you know, maybe maybe look at this, you know, so if someone today is thinking about something like, well, and they sat down with you, what are the kind of things that you would poke at their ideas and say, have you considered this or have you thought about that? Felix Yes, most of the people I talk with are looking to raise money. Uh and I actually have found out that there's another definition of bootstrapping that I wasn't aware of until I started mentoring. So to me, bootstrapping meant a company that doesn't raise money and is structured in such a way that will make profits and poor those profits back into growing the company. So there's a, there's enough that's not how the kids today are using the term bootstrapping at least the ones that are looking for venture capital to them. Bootstrapping is what you do until you raise money. So you're structured is a typical venture backed company, but you just haven't raised money yet either on purpose because you want to build, you know, a prototype or Felix or something else that an investor might see and you'd get a better deal or you just haven't managed to to put it all into place to raise the money. So most of what I do, actually, it's like, I love venture backed company, it's kind of funny that, you know, I'm so much of a bootstrap er but I don't know if I've told you this before, but one of my heroes is Craig Newmark and I don't know if you know that crate that craigslist started as a list of startup parties Felix because he loved the startup scene and here he, he loves everything about startups and raising money and all of this stuff and then he starts this company that's like completely counter to that. Um and I feel like he is a hero of mine in many ways, but I feel similar in personality in a sense that I love the start up world and I love working with these people and who knows maybe I'll do a venture backed company one day, but uh everything that I do in my business life is about bootstrapping, but all my mentoring is pretty much about venture companies. So I think a lot of what I do is I try and you know, tell them all of the things that are opposite of what I did with schedule is to, uh, and uh, I really problem in the other direction and Felix uh, it's, I guess everyone's different, I think I just try and help out where I can based on what I've seen. One of the things I love the best actually is working with other mentors, I love working with a founder with multiple mentors and so I feel I try to not do harm, you know, the Hippocratic oath of mentoring, but I think it's easier to kind of say what's on your mind when it's balanced out with other mentors. So I don't know, I'm struggling to think like if there is a single pattern or thing that I see that I would help people with, maybe I'm going to think about that for a second, We can come back to it. Ben Sure, well maybe maybe maybe this is a different way to look at it. Like if you could go back years and mentor yourself, right? You you come to you with your idea for schedule is to, what kind of things would you say to yourself with the experience now that you have, Felix okay, a couple of things popping in my head, I don't know if these are pop things, but one of the things I tell Felix new founders is about linkedin, how wonderful linkedin is. It's the only social network that I understand, but I think that I, which says a lot about me, but I think I understand it pretty well and I tell them you can reach out to people on linkedin who can help you. And it's not sort of like, hey, look for another mentor or look for people to give you advice about X, y and z. But let's say you're starting a business in the analytic space. And let's say that it's very similar to maybe some of these three other businesses, maybe these folks would be competitors, of course, I would say reach out to those people, which is so counter to what a lot of people are comfortable doing. But, Felix and I have a formula for, they think that they'll never hear back from people. I have a formula for how to reach out and link, which is you craft an email that there is only one person in the world that can answer that email and that's the person you're sending it to. So if you ask someone a general question, like, you know, hey, how should I market this business or something? They'll think to themselves and I'm not gonna answer this, anyone can answer this. But if you ask them a question that only they would know and you make that connection in a way that hey, you are facing something that only they have seen, they will respond. So that's my sort of, that's one of the tips that I share is Felix make those connections with other people in the industry that you're going to be in, ask them a lot of the time, you know, they'll have some plan And one of the things they want to do is understand each step of the plan. They call it the risking that's like the $ word. So I think one of the best ways to sort of the risk a plan is to find out other people who follow that same path and succeeded and try and map that path on to some other path that a business has followed and then talk to those people and and run what you're going to do by them and ask them if it's going to work. Ben I love it. That's great. Felix So I can say also another thing that I that I offered that I believe, and I don't know if you agree with this, but I think that there are far a few different business types out their business structures out there than people think because we're in tech. We often, and let's say we're a venture backed company, we're doing something that the world has never seen before. It's going to take, It's gonna be the next unicorn. It's by sort of definition, nothing like anything else out there. But we extend that to the business structure and what I mean by that is how customers are required. What metrics that you should measure, how growth will happen, how marketing will operate, how you'll get your first customer, your th customer, your th customer and what your channels are those kinds of things. And Felix I don't think there is that many different patterns out there. I think that there's just a handful of patterns and there are businesses sometimes that introduce brand new patterns, but they're very rare. So a lot of the time, what I encourage people to do is to figure out exactly what they think their business structure or pattern is and then map it onto another business that was successful. That has the exact same pattern and maybe find three or four of them And then figure out how did they acquire their first customer? How did they acquire their th customers? And sometimes that you can find that out by looking for interviews and things like that. But reaching out to people as well that I just mentioned can be very, very powerful. So innovate where it matters. But you know, don't innovate everywhere. Ben Yeah, that, that lines up with uh, you know, the technology world, we have this idea that you should use boring technology because like you only have so much innovation, you can do in your business. Just use a plain old database, right, Don't, don't go crazy with the newfangled hotness. Right? And yeah, I think I totally agree with you actually like use those well worn paths, Use those channels that everyone has done times before because it's, you don't need to innovate there. Felix Yeah, you can find so much depth in anything that I think there's sort of a fear that at least I have this fear I always want to orient myself towards whatever I think is going to be the most interesting life. And so, but I think if, if everything is interesting, that doesn't necessarily add up to more interesting, I think that sometimes, you know, a lot of things can be boring, like you can be steve jobs and wear the same black turtleneck shirt every day. He's not innovating in his wardrobe, but that doesn't mean that he's not innovating, He's not maximizing innovation. So I try and remind myself of that. I think it's an easy fall to fall into and really being intentional. I would say here's an advice that I would give myself that I thought of and that's kind of aligned with, with, Felix with, with what I've been saying so far, which is uh huh A lot of thing I kind of think separate sort of opportunities into inbound and outbound, so inbound opportunities or opportunities that come to you, they arrive in your email box. They, you know, there's a phone call, a friend tells you something over lunch. You see a cool movie that inspires you. And then there's outbound an outbound happens because of some mental model that you have about the world and you intentionally decided to go and do something. And I think all the time you get bombarded with inbound stuff and most of it is not that interesting. And then sometimes something interesting comes along and you think, okay, I'm going to follow up on that. I actually think if someone ignores Felix and I think it's more subtle than ignore, but if someone does not respond to all inbound, they're way ahead of the game. If you just sort of erase every inbound email and never read it, you're way ahead of the game. And if you do things that are that are only outbound for, for your life and for your business? I think that that is very, very powerful and by ignore, I don't mean like let's say you see a movie and it's about, uh, some people that move to Argentina and reinvented themselves and that really inspires you and you think, okay, I could move to Argentina and you do and it's great. That kind of stuff happens all the time. And, but I don't think it's optimal. Felix I think you should watch that movie and be inspired, but then you should figure out what is it about that's inspiring? Is it living abroad? Is there something about Argentinian culture that's really cool. And then you should come up with some kind of a fitness function and you should also think what is the opportunity, cost of doing this versus everything else. And then you should as an outbound effort figure out. Okay. So I'm really gonna do this abroad thing. That's going to have the following characteristics. Where's the best place to be? And I bet you don't end up in Argentina. Felix I love it. That's, that's Ben awesome. And, and this is why years later, like I still find every conversation with you secret productive and sometimes inspirational to Felix write on. Ben It's great. It's great job with Felix as always. Um, I think that's a great place to wrap it. Uh, do you have any parting thoughts? Felix Um, yeah. How different did this conversation feel from a conversation that you and I might just have, Ben you know, it's pretty close. Yeah. Obviously like we've got, we've got the world listening with us and so it's a little different. It's not quite as intimate as usual. And of course we haven't talked about any numbers and things like that that we usually get down in the weeds with you and I, Felix but yeah, pretty close to our usual Ben cars. What do you think? Felix Um, closer than I thought? But I don't know, I might listen to this back and just be like, I'm not going to send bend the wave file. Ben Well, my pro tip is, I never listen to the recording. So I mean that's, Felix that's, that's the way I do it. Okay, good. Good. That's actually I should do that too. Ben It's easier that way. He really is. Well, thanks, thanks so much for you. Thanks for taking the time. I appreciate you uh doing this for me and uh hanging out. I know that I've learned some things and I hope that people who listen to podcasts, I've also learned some things. If someone wants to reach out to you, where's the best place twitter maybe? Felix I don't know how to use twitter with twitter. You have to show me the ropes. Um I would say just you can send me an email. Uh you can find me on linkedin. How about Lincoln? There you go. Find me on linkedin and asked me a question that only I know how to answer Ben a lot. All right, Felix. Thanks again so much. So like Star usually does our outro is but I will I will try to fill in for Star as best I can and I will say you should, you know, go and review us somewhere. Give us those five stars on those podcast listening things that you do. And uh as always let us know if we can answering particular questions for you or talk about anything that you find interesting. Thanks so much for joining us and hope you have a great week. Felix Thanks Ben was awesome. Ben All right. So, you can stop the quicktime. We can stop
Episode 78 - Have you wanted to bootstrap your entrepreneurial dream or start your own business, but haven't had the time? Mike Woo-Ming MD MPH is a physician entrepreneur, multiple practice owner, investor, and marketing strategist, responsible for the development and success of several seven figure online and traditional "brick and mortar" companies. He co-founded, and later sold, two lead generation software companies which did nearly $8 million in sales in just a few years, and owns or co-owns medical practices that do in excess of $10 million in cash pay services annually. He is the founder of BootstrapMD, a consulting firm that provides resources and mentorship to entrepreneurial physicians to help turn their ideas into reality. Register for the Marriage and Money, M.D. Summit for free!For physicians who want a stronger marriage and better path to building wealthJoin us for this incredible free online event November 15-17, 2021!Medical careers drain time and energy from physicians and their spouses, not to mention the crushing debt most doctors are faced with when they first come out of training. The Marriage and Money, M.D. summit is a free 3-day online event that will give physician families the tools, resources, and encouragement they need to strengthen their marriage and build wealth so they can have the happy family and financial independence they deserve!Click here to learn more and sign up for free today!Free Resource: Medical School Mess to Residency SuccessIf you're looking to make a change, you may be worried about the actual transition process. Are you worried that you don't have the skills to make a successful career change? If so, you'll want to download this free resource. It's a free pdf guide called “Medical School Mess to Residency Success.” It's a free pdf guide that will help you write a better CV, pick up some interviewing skills that'll blow your interviewers away, start paying off student loans, and get on a serious plan to eliminate debt so you have freedom and flexibility to go after the career that you deserve. It's not just for medical students and residents. This guide is for anyone looking to level up their interviewing and CV skills, pay off debt, and get ready for a career transition. Just click on the link to download the guide for free.Check out the additional free resources available at The Scope of Practice!Business management resourcesPersonal finance resourcesPodcasting resourcesRecommended online coursesRecommended booksMeet Dr. Mike Woo-Ming!Dr. Woo-Ming graduated from the Mayo Clinic in 1999 ready to conquer the world. Working as a family physician in Southern California, he truly enjoyed medicine but wanted something else in life. Work was becoming more of filling out paperwork as opposed to truly helping people, and he was looking for a way to add different streams of income. In 2003, an event occurred that really spurned his life and drastically changed his direction.
Mike Capuzzi is the founder of Bite Sized Books and author of six books himself, including a #1 bestseller The 100-Page Book: The Business Owner's Guide to Self-Publishing a Short Customer Attraction Book. In this interview he shares the framework he uses to create short helpful books he calls "shooks" to generate a steady stream of customers for small business owners in any industry.
Show notes:Links:SaaslerKoombeaHook RelayTranscript:*note - this is an unedited, automatically generated, transcript with only about 80% accuracy*Ben So I say we we just had a new customer signed up just like minutes ago and said that the reason they signed up was our podcast. So awesome. Good stuff. Good stuff. So pro tip for you says operators out there, put a little box and your on boarding, asking people how they heard about you or whatever. It's very, very informative. Starr Yeah, it does. And then do a podcast and wait episodes. Ben Those steps are optional. I really do like they're having like those, those uh onboarding introductions is what we call them. We have a channel in slack for them and having those show up periodically is like a little little endorphin rush. Like I love seeing those show up in our slack channel and you know, we also have a cancellations channel has the same thing with cancellation messages and that's not quite as fun. But thankfully we see if you are those messages that we do the onboarding messages, but I just, I really like having those things in slack. It's nice to see that throughout the day. Starr Yeah, definitely. So imagine this is gonna be a little bit of a shorter one because we just recorded um last week's podcast, like on monday in today's thursday. So I don't know if there's, there's not as much time that's passed to let um I don't know to let the hot takes regenerate themselves. Mhm Ben Right, well, I have a hot date for you and it's the grape, I guess most hot takes are great Josh what we're best at. Ben Uh so I'm working on an update to the Roku integration. So, you know, we haven't a clue add on and Uh we started to add on like, I don't know, back early, early days, it must have been like , or so. A long time ago. Well in , apparently Hiroki released an updated version of their API for partners like us and uh it has a new provisioning thing and you can actually call back to their API and get some information about like supervision to add on and stuff like that. Which is great. Uh We haven't ever really gotten around to changing our particular add on because it works just fine. So why bother? Ben But I've been looking at synchronizing the Heroku pricing with our current pricing because we've done a number of pricing variations since we launched the Heroku. And so now the two sets of pricing are pretty out of sync. So as I started to get into that I was like well you know well I'm here, how about I just you know update the A. P. I write classic classic rabbit hole. Right? And and and so I spent some time doing that and found you know some interesting quirks and so on about our integration and anyway it's all good like I got the work done and I did a pr and and josh and kevin like giving the thumbs up and I'm ready to deploy except Ben I have two questions for the Heroku people about about the migration because the migration you gotta be careful right? Because like the V one A P. I. Is not compatible with the V three Api And so you have to store different sets of data and the I. D. S in particular are different like they used to pass what they call a ready and now they pass an add on I. D. And you gotta you know handle the transition carefully or else someone you know maybe they can't add on the thing. Maybe they can't start being customer, maybe they can't remove the adult which would be a problem because you know or maybe they can't log in that would also again yeah prop trading right? Josh And so because they still get the emails Ben so so my questions for harajuku around this migration revolve around this idea and like handling sso and making sure that we can still provisions and provisions properly anyway. So I put two questions to them and support two days ago and that's my gripe because that's the holdup. That's the holdup I can't deploy it because I can't get answers to these questions apparently. So I'm just like oh okay I understand like people are busy and stuff but uh I would like an answer some time you know and there's no like there's no auto responder there's no we'll get back to you in X. Amount of time. No it's just like off into the void and I'm just waiting Starr did you maybe did you maybe use the legacy um support page Instead of the current ? Ben No no use the current one. Okay good question though. Good like that Josh this is just another example of like coding being the easy part. Uh huh. Ben Yeah and also a good example of like rd party integrations causing you know uh technical maintenance burden like like um oh for example like clubhouse that recently renamed themselves the shortcut. Right? And so we had to, you know, do a little bit of work there and renamed stuff inside of our app wasn't a whole lot of work but it was some work but you you add, you multiply that kind of work by the number of integrations you support and all of a sudden like this is ongoing maintenance work that doesn't, it's just you're just treading water trying to keep up with what everybody else in the world is doing. Right? Josh Yeah. And as new as new integration, you know, his new apps come onto the market and everyone wants to integrate with them, you just gradually expand until you, I mean you still have to support the old ones. Yeah, I think we're definitely getting to the point where every new little thing we add is like yeah, yeah, we're starting to feel it, we are starting to feel it. Yeah. And like the the depth of the integration is also I've noticed is like a big, big thing because like there's a few integrations that we like go a lot deeper with like get hub, you know, heroic. Who obviously is like a good example of that. We have a lot of issues with vera I've I've seen but who doesn't Ben um Josh but it does seem like the like I don't know, the more standardized something can be. Um and yeah, just I don't know when you're like integrating with a lots and lots of custom API's and stuff like that. They're going to switch it out on you at some point. Josh Yeah. Support. It Ben would be, it would be nice if there was like a happier plus plus, like a next level happier right? Where uh it just, it just abstracts away all these differences and you can just, you know, it's like a universal kind of thing and it's like, yeah, possibly be impossible. But Josh are almost like the pitch I get to the pitch there being almost like an LTs, like like an LTs contract for for integration API is like, you gotta, you gotta contract. This API isn't going to change for like years. Um and they'll just, you know, they'll do the and we'll do the internal migrations to keep the ap the same for you. Ben Yeah, there you go. That's that's an interesting idea. I wonder how that kind of service would cost. Josh I don't know, I know there's been a few um someone a micro, someone, a Microsoft had like a service that built like manage the integration side for you. Um was that Jonathan? Um Yeah, yeah, I don't know if that was like similar. I know it wasn't quite, that wasn't quite the idea, but like it was the idea that like, you know, they like give you integrations, you know, for free or whatever, like much easier to integrate with them. Ben Yeah, you just plug in and all of a sudden you Josh have immigration. Ben Yeah. Yeah. But the link in the show notes or see if it still exists. I haven't, I haven't Josh talked to Jon tester. I can't Ben yeah, sounds familiar. Josh I don't know. I remember like having their like sticker in front of me at the table microscopes. Ben Yeah. I haven't uh you know, having, having not gone a micro comp or business software or anything else for a couple of years now it's like it's going to keep track of what people are doing and because usually that's where I see Jonathan, Josh you know, there was a Microsoft Microsoft local happened in Portland yesterday. I was kind of, I was kind of, I didn't go but in hindsight I kind of wished I had. But yeah, I saw, I saw a little bit of activity on twitter Ben yeah look like they were having a fun time and I had the same kind of feeling. I was like, yeah I wasn't really thinking about going but then after seeing some of the tweets and like actually would've been fun to me, you know, Josh wow I'm in the middle of like my kids are home from school this week because there was a covid case at the school and uh, so it's got yeah got that that's fine and in the school like was not as equipped as we hoped to like handle like the, you know right, just all the um coordination and stuff like the communication, I don't know, just they're still getting it together, it seems so it could be better. Ben Did you sit there and think there should really be an app for managing this kind of communication between that would be family. That Josh would be, yeah, that would be uh that would be something because yeah, it's like, like, yeah, not everyone seems to know how to use email. Uh huh Ben That could be problematic. Starr I've never gotten so many emails about like a specific thing is, you know, recently now that my daughter is going to school. Yeah, and they're not bad. They're just like, there's just so many of them about all these different aspects of things. Josh Do they do they put urgent everywhere because like I've got a whole inbox of urgent emails. Starr Oh no. Uh huh Like they seem to be pretty on top of it. Like they're kind of um like the whole covid stuff puts a whole another layer on top. Like, I'm sure opening school is already like a lot of work, but you know, they're scrambling around and like erecting tents in the, on the blacktop so the kids can eat lunch outside and you know, all this stuff. Starr Okay. So they've created an official, an official channel for parents to raised their safety concerns with the school because I think they were just getting bombarded. Bye Everyone. Josh Yeah, I think that's where we are and I'm hoping that's they come up with something like that like some sort of process for raising concerns. Ben Yeah. I wonder if you start seeing like a a school board or maybe a school level position right? Like pandemic coordinator, right? And that's your point. I Josh I really hope I hope it doesn't last long enough to like bake the position into society. But like I guess like yeah some sort of health coordinator. I could see that being a thing for sure. And I guess yeah I mean I could probably do other things when there's not a pandemic happening I imagine. Mhm. Still be useful. Ben Wouldn't be a full time job is what you're saying. Josh Yeah. Well Starr I was like I was surprised at like um the school does offer like free um like flu vaccine drive through clinics and like they do a lot of stuff, it's just not just directly school and that was a little bit surprising. I mean it's awesome but Josh maybe I need to move to Seattle. Starr Um Yeah. Ben Yes. Well um yeah Ben we'll help you find a house. Starr Yeah it'll only cost you like a million dollars Josh on the low end right for a starter house. Yeah man. Well um we could talk about one of the things that I've that we were discussing this week um was the you know the hook relay launch. And I thought one interesting conversation we had was because we've we're making a few improvements to the sales site um before we sent out this email and um like published a blog post and do some basic like you know launch to our customers um sort of thing. Um And Ben you had you've been working with like a contractor or you found a contractor Josh to do some website, like some redesign stuff because the website we put it together kind of like I don't know what is it, It's a tail end tail insight. Um Just like what like telling you I um fairly boilerplate and uh not really very polished. So we thought it would be cool to uh you know kind of polish it up and rethink some of the content and make sure like everything flows together in terms of like called call to actions and things like that. Um But we're at the we have a decision to make like do we do we kind of just like do a little bit of work to make it you know, launch Hubble and then launch or should we like go for this full redesign that the designer of course is trying to pitch us on. And Josh I'm thinking that like ship it is the way to go. You know make make it make it ship herbal and then uh come back and and we'll we'll do the big the big overhaul. Ben Yeah I I've heard smart people say that if if you're not embarrassed by what you ship then you waited too long. So Josh yeah so we're probably making a mistake by not just uh shipping it as is, huh? Ben So the current, like if you look at the, I mean there's only like four pages right? Of the sounds like uh and of those four pages, like the best looking one I think is the one that kevin did. That's the documentation page. Uh put a lot of good work into that. And then the second best I would say it's probably the guide that you wrote. So that's Josh that's job because because I copied kevin Ben copy, Josh kevin's work. Ben And then I would say the next the next in series is the pricing page. I think it looks okay, but that's like straight from tailwind ui Uh basically copy based, like we paid, you know what, $ for the components and then worth every penny, right? Uh And then I would say the worst of all the pages is the homepage. And that's the page. That's all me. Like I I put that together. So uh I think it's pretty clear who needs to stay away from design at honey badger. It's been. Josh But in your defense, like you put that together, like when the product was like, like barely even alpha and we were like, we should just like, we should really like buy a domain for this. And so you like wrote a little letter and put it on there. Um And we haven't revisited since, so that's kind of what we're talking about is just revisiting um you know, making a few small changes and then then we'll get around to hopefully making something more um professional or I don't know. Ben Yeah, but it's funny that, as I was, as I was working with that designer that we found to help us, as we were like, scoping out the project, it was, I felt a bit of deja vu but from the other side, because I remember as a freelancer, like, I was always, you know, pitching people on the project and I would give them the grand vision and, you know, and here's the price tag, Ben and they'd be like, oh, out, could you, could you cut, you know, x, y and z could get the price down to whatever, you know? And uh it wasn't about the price, in this case, it was about time we wanted to get that homepage done faster so they could get this launch done sooner rather than doing a whole redesign, but I still felt kind of guilty going back to design and say, okay, that's that's great, but could we, you know, cut like all those pages and just do this one, it's not Josh the it's not the price timeframe, so are they going to be able to you think they'll be able to do a quick ish turn around, like um so that we'll get to get to ship this thing. Ben Yeah, I think so, I didn't made the mistake of not actually setting a deadline. So I'm I realized that after I agreed and paid the deposit and all this kind of so like I don't actually know when he's going to deliver stuff. That could be a problem, but I figured I'd just wait a few days because you know, I'm thinking it should only take a few days. What do I know I'm not a designer obviously, but I figured after a few days if I see nothing, I hear nothing then I'll be like, okay, so what's the timeline? And hopefully it'll be something like, you know, next week, but Josh this project is just like is he is he already like is you just have access to the like get a repository or is he like working something up? Like some sort of prototype or Ben or something like that? Yeah, you should be doing a prototype. So st, st thing is he asked us do we want how do we want to get the design part? Uh So like the choices were a PSD or stigma. So I chose stigma because we use stigma. Uh and then the second part would be okay. And there also was a question and the on boarding was okay, you want me to build this out in html CSS And of course, yes, like yes, I want you to do more work for me, thank you very much. So, so the first version is just a design and stigma and oh, actually three. So he gave us the option of just doing one, like I'll do a design and you accept it or not? Or doing three designs. Ben I went for the three designs because I mean I'm a client now so I get to like, you know, be deciding and stuff. So that was that was slow us down a little bit obviously because there's gonna be three designs, that one, but we'll get those three designs. That's Josh for that's for like the big project. Right? Or or is he doing three for the initial bill? Ben Well, I think that I think for the further homepage Okay. I think that's basically, I think what I was trying to communicate, I think I communicated was we want to do is basically to stage project, like we want to do the whole design, but we want the first stage to be, Let's get the homepage set. So what I'm thinking is like the design that he goes with for the homepage will then carry through to the rest of the project. The rest of the pages. Gotcha. That's mine. That's my hope. Josh I don't do you know, I it sounds like he's more like he's going to be coding if he's coding this up in html and CSS like I wonder he's probably not using like uh is he using anything to start with? Like could he use could he do this in tailwind for instance because that might be useful in the future if we want to like, you know, take over if we want to like do some, you know, of our own design in the future, which, you know what we're capable of is basically tailender bootstrap. Ben Yeah, I didn't specify to use tailwind. I didn't really care at the moment. I just wanted whatever was fastest. Uh Right. And I figure if we decide to revisit and do some structural stuff, we can always adapted the tailwind ourselves, like that kind of thing I can do, you know, I can take an existing design and I can, I can rework it, you know? Uh so I figured just get it out the door, get it done as quickly as possible. I don't, I don't care what you do and then we can, we can revisit if we need to. Josh Cool. Well the, I mean, once we get the whole thing redone that, that'll be nice. I don't know. We've never really done that. We've on our current on, on honey badger. Io we've never like, we've always just done it ourselves. Ben That's new news. Something a new venture for us to try try this sort of thing. It's great. I like experiments. So we had, speaking of experiments, we had an experiment that did not work out and I suppose we should talk about that. Uh we, we decided that the sales, the outbound sales effort is not working out for us. So uh worked with Harris at interest there and we talked about this on the podcast before. Uh, and Harris is great interest. Um, it's great, % recommend Harris and his team. If you're thinking about doing some sales stuff and you want some training, some coaching or you want someone to help you do it. All those things are great. But after having done sales work with Harris, I just realized it's Ben probably not gonna work for us. Maybe it's maybe it's me, maybe it's our business, maybe it's our customer segment, maybe it's a combination of all those things, but you know, Harris and I, so I told Harrison and it's just not working out, we need to, we need to turn this down and turn it off. And, and Harris was like, yeah, I was getting the feeling based on the response rate, like which is zero, uh, just wasn't working. And so, and we also like on Tuesday, I had a great call with Harris and we just did a post mortem basically the whole project and like why why didn't it work? Like we were hoping it would work and Ben uh, and it was, it was a blameless postmortem, like I don't think there was a particular fault. I think there are factors like, uh, we sell primarily to developers and developers, primary that usually don't want to be talked to right, They don't want to talk to a sales person, they don't really want to get unsolicited stuff. Uh, And so that's a factor, I think also like the nature of our product, like you don't really need a salesperson to explain to you exception monitoring, right? Like it's, you know, it's like if you go to the car dealership Ben and you're looking for an accord, you don't really need to spend a lot of time with a salesperson as he explains to you what an accord does, like, you know what an accord does, right? It's a car. Like if I know I want an accord versus camera, like I don't need any help, right? Just just tell me the car and I think it's kind of some kind of thing here is like we're not selling something that's really complicated or that needs a lot of education or it needs a lot of configuration or whatever. Like it's not a solution based sales, which I think would be a better fit for that kind of sales process. So, and, and there are other factors. Um but yeah, so that's an experiment that I think is just, uh, does it work out? Josh It seems like we're really positioned to sell to the developers and it's not that we couldn't, I mean, we could try to sell ourselves too because it seems like, like depending on the size of team that's using a tool like this, like you get people in the organization higher up that get involved, like managers or product managers or uh, like engineering leads and stuff that are trying to do more of the like management and coordination um stuff and those are the people that like the dashboards and the samel and like all the more enterprise features, but we don't typically like lead, like that's not that's not how our um product is positioned to, we're not like we haven't positioned ourselves to sell to that level really, it seems. Um and Josh yeah, I don't know, that's that's kind of interesting because, you know, you wonder at some point like if the developers are deciding what tool to buy, do they buy the same tool as like their bosses and we're trying to give the developers what they want, it may be more than we're trying to give their bosses what they want, and you know, and then we try to build those features too so that we can keep everyone happy, but like um it does, there's like yeah, it's kind of a different, like you could see like trying to take the same approach with like, you know, someone up the higher up the ladder or whatever, I could see that not being as interesting. Yeah, Ben one of the things and there are other factors, like one of the things that Harris taught me about sales is uh he said the money is in the follow up basically like you need to keep reaching out to the same people basically until they tell you to go away and that's not what I'm about and I don't really want to do that to people. Like we email sequence and uh inherited like, well we need to do an email sequence like this and it's like in emails long and I'm like um how about two? We send one and then we send one more and that's it. And Harris was like uh so I think in many ways like I was tying his hands because I didn't want to do the kind of sales process that a lot of people do. Right? Josh Well I imagine like putting your face on those emails probably like you don't, you don't want like to make a bunch of enemies of developers that you might have to work with in the future. But like what if you like, did you consider just like making a completely fictional sales? Just like salesperson persona? And it could have just been like, you know, we could have put them on the, on the sales page and everything. It's just like this fictional person that takes all the heat for sales. Ben I never thought of that. That's a great idea. Name, bobby bobby, the badger. Josh Yeah, um maybe that's like a side like, you know, kind of an Upsell offering that Harris can can add to to his product eyes thing. Like, you know, if you don't want to take the heat, like we can create something for you Starr that's a Ben that's an awesome idea should afford that on. Yeah. Yeah. So the and another factor is like uh you know, because there are there are companies, we have competitors that are selling into the enterprise and do that sort of thing and um, I think I think you hit on a point there. It's like are we, are we selling to me selling the typical enterprise solution where the buyer has to be happy or are we selling something where the user has to be happy? Right. And and sometimes that they're both happy but and often times it isn't and in our case we're focusing on that and user and it doesn't make that user happy if we're pestering them with emails or you know, getting in their way of actually just trying the product. And so anyway, I think for now at least we are Ben Better served as a % inbound kind of company and maybe spend those resources on customer success or engagement or something like that. Yeah, Josh it's interesting but it Ben was fun while it lasted. Josh Well, I'm glad, I'm glad it wasn't a complete drag. You got to, you got to learn a little bit about sales. Yeah. Yeah. Imagine. Yeah. Cool. Yeah, I think like uh like competition, just like the, we're in such a like a competitive space and most of our competitive, our competitors also go for those like enterprise segments. Um so it could actually be, you know, it could be good for us to stay, you focused on the on the smaller, like, you know, the smaller, the smaller end of the market in a way because they're probably somewhat underserved at this point, Josh yep. Starr All right. So um when is the hook really lunch Starr or is this and how to fix fixed? Okay. So we don't know what to tell people Josh we're meeting, we're meeting next next week to kind of finalize it. But I'm imagining like we're going to push it out the door as soon as we have, you know, some I think we're going to wait for a few updates to the homepage, but otherwise we're going to ship it. And who knows? Like if if this project ends up kind of dragging on at all or anything like we could just decide to, you know, kind of just go what we have. It's not, you know, it's not it's it's workable. So maybe we should just like stop procrastinating, right? But we'll we'll decide next week at our um hook really marketing meeting. Ben Yeah, the good news is we already have customers who are using it who are paying us money to use it. So that's that's nice. Like it's not just burning cash with a bunch of a rack of servers doing nothing. You know, Josh So I would say it's in the next couple weeks. Starr Awesome. I'm sure when that happens we'll um be blowing horns and making all sorts of noise on this show and directing people to the right place. Uh huh. All right. Was there anything else you guys want to talk about? Should we should wrap it up? Josh We can wrap it. We can wrap it. Starr All right. Well, you all have been listening to um found request. If you want to go read us on apple podcasts or whatever the kids are calling it these days, go for it. Um And yeah, we'll catch you next week. Thank you. Josh Yeah, No.
In this episode of High Noon with Inez Stepman, Inez interviews Timothy Carney, author of Alienated America: Why Some Places Thrive While Others Collapse, a book about the sociological contours of the crisis of meaning and loneliness that drives our politics. Carney is a senior fellow at the American Enterprise Institute and the senior columnist at The Washington Examiner, as well […]
Nathan Barry is the CEO of ConvertKit, an email service provider that's gone from idea to $30M in MRR with zero funding.Topics Discussed in Today's Episode: Nathan's explains his framework: Ladders of Wealth Creation Should you start something yourself or acquire a business Why you should focus on a small niche when competing against a powerful incumbent How he has grown ConvertKit from idea to $30M MRR How he approaches capital allocation and leverage as a bootstrapped owner How to attract talented people when you have less money to offer What aged well and what didn't with Nathan's book Authority Resources: Nathan Barry ConvertKit Authority Jim Huffman website Jim's Twitter GrowthHit The Growth Marketer's Playbook
Show notes:Links:Bold Badgers NFTMantis scooterRidwellWrite for HoneybadgerTranscript:*note - this is an unedited automatically generated transcript with about 80% accuracy*Josh: So we really are we doing this, uh, super quick. Do we need to like speed up our voices? ArtificiallyBen: The chipmonk episode.Starr: There you go. No, we should just, we should slow them down. So it'll um, we can just record a minute episode and then we'll take minutes to listen to it.Josh: Yeah, yeah. That's right. That's what we've been doing all along. That's our life hack is it takes us minutes to record these episodes and you listened to them in minutes.Starr: Yeah. So that's the, um, so I'll fill in our listeners. We, um, we miss our normal recording day on Friday, and so we're making it up on a Monday, which means like we're jam packed in with a bunch of other stuff. Um, so this may be a little shorter than usual and I'm sorry. I know you just have to have all of us all the time and we're just giving it all we can right now.Josh: Yeah, it'll be just as off topic though. So, um,Starr: I would thank God.Ben: Yeah. Speaking, speaking of off topic, I have, I have a public service announcement to make. As, as you know, I've been getting more into the electric vehicles scene, uh, personal mobility, micro mobility, all that kind of fun stuff. And I, you know, a few months ago bought an electric scooter. It's a mantis for those who are curious, who are in the know, uh, and I've been really enjoying that, like riding back and forth to work and goofing off and that sort of thing. But the thing that's, the public service announcement is, uh, wear a helmet. If you're going to ride one of these pillars. I just, this past week saw two different people riding on scooters, similar to mine, like higher powered scooters, mixing it up with traffic, like on mile per hour roads and not wearing a helmet. And I just thought that is insane. Like, I don't know. Maybe, maybe, yeah, you should definitely wear a helmet if you're going to ride electric scooter at miles an hour, just saying that's my PSA.Josh: I did go for, I went for a, my first ride on an EBI bike, um, last week and I must confess I did not wear a helmet. And, uh, I have to say it was, you know, it was kind of fun. Like, you know, little dangerous, there was no traffic. Like there was very little traffic, so in my defense.Ben: Okay. That's a plus. Do you remember what kind of bike your Rover's like a super ? Like one of those modelsJosh: I have, I have a very bad memory for names of things and I was told, but, uh, no, I don't know, but actually I was, it was with, uh, it was the bike of, uh, Mike Perrin, who is a friend of the show and creator of sidekick. So I'm sure he will, uh, hopefully listen to this and, and let us know. And then we can fill everyone in the next week. MaybeBen: I think, I think he has a super . It's a, and that's a pretty sweet,Josh: It's like the super it's like one of the fastest ones on the market, he said, yeah, cool. Or something like that.Ben: I'm going to have to get down to Mike's house and borrow some of his bikes. AndJosh: It was a lot of fun. I'd never, I'd never done that before. And I, I get the appeal now.Ben: Yeah. So when, when I got my scooter, Mike was like, I don't know, scooters. They're kind of, uh, I don't exactly what he tweeted, but he's like, yeah, they're kind of sketchy because they're not very stable and stuff and he's right. They are integrated stable compared to the bikes, but it's still a lot of fun. So I just wear a full face helmet to counteract the wobbliness. Yeah.Starr: Did y'all know I have a, an electric bike? No, it's called a Peloton.Josh: You were so smug with that one.Starr: It's the perfect bike for me because it doesn't move. Um, it's like all the, got all the nice things about the bike, like the workout, but you don't go anywhere. You don't have to Dodge any traffic. Uh, don't have to wear a helmet screen.Josh: Yeah. Those sound, those do sound seriously though. Those, those, uh, look pretty, pretty nice.Ben: Yeah. I have, I have a low-tech Peloton. It's just a trainer. I brought my bike on.Josh: Is your bike on it? Yeah. Yeah. But I like, I don't know the what, from what I've heard of the Peloton , uh, those they've got all the bells and whistles right star.Starr: Oh yeah. Yeah. I mean, really it's um, it's not so much about the actual bike for me. It is, as it is about having some like super enthusiastic person, like, um, playing really good music and just being like, you've got this, you were born for greatness and just like saying stuff like that at me. Um, while I'm like trying to, you know, read them a little bit,Josh: You say that, but like, you know, like I, I try to, you know, give that experience to Katelyn, for instance, my wife and she just like, she hates like, she's like get, get out of here.Starr: I think, I think it's easier. I think it's a little easier when there's not like an actual person there, you know, Just hire a social exerciseBen: That started out live, get, you know, the, uh, the motivational speaker guy lives in a, down by the river. I'm just, I'm just thinking about Chris Farley, like standing by your exercise bike. You can do it. You've got this.Josh: If we could get a, yeah. If we could get that, um, on the Peloton, I would subscribe like if he was one of the trainers, I mean, like, you know,Ben: So just bring him back from the dead, have him record some such the Peloton and then, yeah, that'd be awesome. I miss Chris Farley.Starr: So Ida likes to ride the Peloton too, that she's not big enough for it. Um, but she is a, her, her feet can touch the pedals. Um, but they can't reach all the way down. So she's kinda like kicks the pedal down and then catches it on the way back up. And so she asked me to put on a little video so she can do it to the music too. Yeah. Oh, I need to give an update about my, um, about the printing press. I know everybody's like waited, waiting the press breath about thatJosh: Date. I thought, yeah. I didn't know. There was news so, well, IStarr: Mean, the news is I have given up on it. I went down to Tacoma. I went down to see it and it worked and everything, and I just really got a sense for like how big and heavy it was going to be. And, um, then I started, I measured it and I started actually trying to figure out how I would get it into my building. Um, because like, it's just, my, my office is in the backyard. It's, uh, it's, we're having our backyard redone soon, but right now it's just all bumpy and lumpy. And so it's like trying to like roll this thing. I would have to construct like a, a path out of plywood. I'd have to build a ramp up to my, um, the doorway, um, then to actually get it into the location where it's going to be. I would have to completely like dismantle all my shelving and, um, then like re assemble it once I had put the thing in place. And so if I ever wanted to move it again, I'd have to like completely take down all my shelving. I was just like, this is too much. Like, this is, um, like I can't, I can't justify this on it. Like I'm, I'm waking up early in the morning and not being able to get back to sleep. Cause I'm like, how the hell am I going to like move this thing? It's like, no, that's not a good hobby for me right now.Ben: That's too bad. Have you looked into typewriters?Starr: I mean, quite the same thingJosh: I would get into typewriters though. Just like aside,Starr: I am looking into smaller, into a smaller press. They have smaller like desktop ones that are a couple of hundred pounds. Um, not, not like a thousand and looking into that sad,Ben: sad to hear it didn't work out, but I let's get pictures of that in any one. If you get a small one, that'd be kind of fun.Starr: Yeah. I just have to, I, uh, I almost saw him this weekend, but somebody swooped in before me. And so now I'm just going to have to wait like six months until another one pops up. Cause like it's, they're not very, there's not a very liquid market. It's not like in a, I guess, I guess there is a liquid market, I guess, I guess they just kind of get snapped, snatched up and then like, there's just not any of them. Yeah.Josh: Do you still get to like, do you have to do like type setting and stuff?Starr: Yeah. You do like, um, there's a couple ways to do it. Like you can do it the old school way where you have like the lead type and you like, um, you know, put it letter by letter and do like a composing stick and do all that. Um, I probably wouldn't do that just because I'm not sure I have the time and patience. Um, so there's a, an updated way to do it where, um, you can, um, you know, send a PDF off and they'll make a, uh, a plate for you and it's plastic and then you just use that. So, um, yeah. And you can make them yourself too. It's just, you know, takes more equipment and more, you know, you know how I'm work and stuff.Josh: Maybe you could get like a specialized, d printer to like printer plates for you.Starr: Cool. Do you use like, uh, um, people to use like a, a Glowforge like a laser cutter cool. Or laser engraver?Josh: That's a, that's a fun hobby. That sounds, that sounds like fun.Starr: Oh yeah. Oh, I went down the rabbit hole of reading all about laser engravers too. Like there's like this cheap one from China that you can get for like bucks. And then like, it's apparently got good internals, but like, you really have to soup it up. And so like that's some people's whole personality is they just do that.Josh: Nice before we get off the topic of a paper and things that interface with paper. Um, I like ordered something off of Amazon that I was like, I don't know why I was like this excited about it arriving. Like maybe I'm just like extreme, like my, you know, I'm extremely bored and needed something to look forward to. But like Amazon basics, paper, shreds, shredder, sharpening, and lubricate, lubricant sheets. And I get all, I'm not going to say that again. I hope you like got that. Um, I did not know that this existed though. Cause like I have like a paper shredder. It's like a cheap, you know, a cheap one, but like I never, like, I never oil it cause don't like just, I don't know how, okay. Like just the thought of like getting a, like a bottle of oil or something and like trying to like dump it.Josh: Like I just, I don't know. So I like was like trying to figure out like, how do you oil these things? And it turns out they make sheets of paper that had the oil like in them and you just run them through the shredder. I didn't know. Like maybe everyone knows this. I did not know this was a thing. And uh, I mean it's like the perfect, it's like the perfect, uh, lubricant solution for your shredder because, um, you just, you know, it's like shredding a piece of paper, which is fun in and of itself. Like who doesn't like shredding paper. So pro tip, you don't needStarr: Waiting. How do they work? Um,Josh: My shredder might be too far gone from the lack of oiling, but I'm going to like, wait and see. Oh no, we'll wait and see. Luckily I did get the cheap one. So now that I'm like an expert on shredder maintenance, um, my next shredder maybe I'll even upgrade or something.Starr: I actually, um, I bought an Amazon basic shredder. That is, uh, it's a, it's a fairly big one, um, for home use, but it's, it's uh, Amazon basics and it's actually really good.Ben: That is a cross cut. Cause that's the key feature right there.Starr: I, I think the cross cuts. Yeah. SeeBen: Mine. Mine's a cheapo one that just does stripsJosh: And that's, I mean that's the strips. Yeah.Ben: Gotta have the crossover.Starr: Yeah. They can always go in the strips back together.Josh: Yeah.Ben: I was a little disturbed to find out though. My, my local trash and recycling facility, uh, our city requests that you not put shredded paper in the recycle, uh, I don't know why they can't handle the recycle shredded paper, but yeah. So if, if all the stuff that I shred, it has to go in the trash, which seems kind of wrong, you know, it's like it's paper cause then recycle. Right. ButJosh: That's because I'm pretty sure recycling is a big scam and none of it actually works. Like you think it does because like Kaylin, like Katelyn knows all about recycling and I am constantly trying to like be a good person and recycle things and she's like, no, that's not recyclable. Like you can't like, that's going to actually like, that's going to like make the recycling people mad because like they have to sort through this and like, you know, take it out before they can actually like repurpose. So yeah, it seems like there's very, uh, relatively little that is actually recyclable. At least in my experience. So farStarr: We subscribed to an additional recycling service, um, read well. And uh, yeah. So they like, you can't recycle, um, just a normal city was like, when you can't put like plastic bags or any sort of like plastic film stuff. Right. So like they take that and um, like they'll take, uh, like fabric stuff, like clothes, um, and like batteries and light. And then they have like a rotating category where um, like once every three months or whatever, it's like, you can put your old electronic devices in there and they'll like, you know, have those recycled and whatever. Yeah. Yeah. It's pretty nice.Josh: Yeah. Cause I'm everything I hear lately about like just normal recycling, just as depressing. Like it's like, I don't know. I hear like, you know, half the recycling isn't even like being taken care of taken,Starr: You know, like they're like shippingJosh: It to other countries or burying it in landfills anyways. It just it's like, yeah, it's kind of sad. It doesn't make me want to recycle.Ben: Cool. Let's see. Maybe, maybe my municipality then is forward-looking because they know there's going to put in the landfill. So there's just saving a step, right? Yeah. Just put it in the trash. Cause we're going to put out the trash anyway. Right?Josh: Yeah. And thenBen: They actually did that for a styrofoam. We used to have a regular styrofoam collection event. Like every month you could go down to city hall and you could dump your old styrofoam and they would take care of it. And then like, you know what, we just can't even cost effectively handle styrofoam anymore. So don't even, it's not even worth driving down to the city hall to drop it off. Just put it in your trash. It's like, oh, that's so sad.Starr: Well, the, the rebel also does styrofoam. Like it's um, that's cool. It's it's not included in the base like price, but they give you a big bag and they're like, okay, whenever you're done with filling up this giant bag, like it'll cost, I don't know, five or $ to recycle it.Josh: Okay. Well we got to remember put it in the show notes cause I'm going to look at it too. Okay. Sure. I mean, it does seem like I'd rather the city, like if the city like legitimately can't handle it and they're just like secretly like just trashing it anyway. It's like, it's better just to acknowledge the problem so that a real solution, hopefully it can, you know, like maybe like something like this, like people can start to, you know, pay extra for it or, or whatever. But like, it just seems like ignore, like just pretending, like just, just so everyone can feel good. Like, you know, just keep the people, you know, let them feel like they're recycling when they're not, does not seem like a solution that's going to like solve any problems.Ben: But you know, what's, what's free to recycle the bits that you send to Honeybadger. We recycle those things all day long. You send us those, those API bits and they get efficiently recycled right away.Starr: I thought y'all were going to recycle those into NFTs.Josh: Oh yes. We don't. Don't uh, can'tBen: Spill the beans yet. Yeah. LikeJosh: Tell everyone our new business strategy. I think already I put that on Twitter already that we're pivoting into crypto and Airtraq and it's going to be a side business. Yes.Starr: It might confuse people. There's already like a Honeybadger coin or something out there.Josh: Yeah. And there's also like multiple Badger NFTs by the way. SoBen: Yeah, just a little delight.Josh: That was like a brave badgers. Brave badgers on Salada. I think there's one.Ben: Yeah. Put that in the show notes. Make sure people check it out. Not officially endorsed by Honeybadger, but still cool. IStarr: Think we should put out our own line of pugs.Josh: Yes. Yeah. I mean like I'm surprised pugs. Aren't like, so someone's rolling an NFT for pugs, to be honest.Starr: I wasn't making it come back. I hear.Ben: Yeah. If we're going to, if we're going to go retro, like let's go all the way. Retro let's skip the whole collectible cards and stuff and go straight to playing cards. Right. I'll play for the two cards with different batteries on them. Yeah.Starr: I thought you were going to say to me, light bulbs or something.Josh: Absolutely. I've been, I'm curious. Have you learned anything about, uh, crypto or NFTs lately?Ben: You know, no, I haven't really, I I've been, I've been watching people in my Twitter feed and it's, it's funny, there's this, there's this arc that I see, like their first tweet is like, what is this crypto stuff? And then their next tweet is like, this crypto stuff is crazy. And then a little bit later, there's another tweet. It's like, I'm going to look into this crypto set because I want to understand it. And then a little bit later there's like, Hey, check out this NFC I just bought. And then a little bit later, their final tweet is like, here, come join this, this core community and get into my mint.Josh: And, and they have a new Twitter avatar that has like laser eyes.Ben: Yeah. It's kinda, it's crazy. So, so I've like, I've seen this again and again and again, I'm like, okay, I'm not, I'm afraid. I don't wanna investigate the Nazis becauseStarr: So R oh, I'm going to get, I'm going to get, I'm going to get so much hate over this, but our, um, our NFTs just like, um, MLM for like tech rose.Ben: Yes, totally. They areJosh: Essentially,Starr: That's like, I've got, I've like, I'll just tell my I'm essentially. I've got my sensory over here. My essential oils.Josh: Yeah. Well spring as well. I mean like, technically I think you probably could code a MLM on Ethereum, so I'm sure it's already been done, but maybe that, you know, maybe, maybe we should just go for it. Just go full a full billing. There you go.Starr: That's it. Everybody you heard it. We're going full villain now.Josh: Crypto villain. Yeah. I I've checked it out as well. A little bit. Um, I bought a, uh, an FTE on Solano just to see. And, um, actually I did not follow the pattern that you, uh, that you described Ben:, but I also did not let myself do this publicly, which I think is a big key. Like you people know, like you can create anonymous identities on the internet. Um, it's still possible. And then you can go explore, you know, like NFTs or whatever, and you don't have to like have laser eyes on your main Twitter profile. Um, but you know, I went and looked at it and uh, I'm still, I'm like still learning. I'm like, you know, I'm trying to update my, you have the whole crypto scene is a little bit, you know, a little bit dated. Like I checked it out, like after Bitcoin got, you know, it was starting to get popular and stuff, read some white papers, but I think it's, I mean, it's, you know, it's not going away regardless, so it's good to keep your view current at least. But, um, I am not, uh, you know, bought into, I have an eight in as the kids say,Ben: Well, I mean, back to the two lips, I think I'll just wait until the crash happens. Right. And then I'll have a bias of nice to have thoseJosh: Do that. Yeah. That's the, that's the cycle. I mean, you know, it's going to happen. That happens like in every, every, it seems like every new application of blockchain that, you know, comes out that goes through the same, like boom and bust cycle, um, and then levels out to, uh, you know, fairly regular boom and bust cycle.Ben: I mean, you know, confessional here, but I'm actually a laggard when it comes to tech stuff. Like I'm pretty late on the adoption curve for a lot of things. Like, you know, my car is pretty old, my TV's kind of old, you know, I'm not really sure. Yeah. Yeah. That's just kinda, it's kinda weird. I'm in the tech world, but like, I don't really jump in on things like that. I'll just wait,Starr: That's pretty normal. Right. There's like, um, I don't know. There's I saw some, I forget where I saw somebody say it was like, there's two types of tech people. One has the newest of everything all the time. And the other one is like still working on like a, a PC.Josh: Yeah. Whatever.Starr: Yeah. I don't know about y'all, but like, I don't really know a lot of like tech people who have like, um, like voice assistance in their home.Josh: Yeah. I like that as much as like the consumer more than just regular consumers. Yeah.Ben: That's because we know it's like I write software. I know how bad it is.Josh: Yeah. Yeah. That's why I don't like having them. So I don't trust, I don't trust software, but I don't know, like the block, the whole blockchain thing. Like, I, I, you know, I kind of get the, like the future application argument, like there's something here. Like I think it is like that idea of having like very easy, like making contracts easier, for instance, or giving software, the ability, like making it easier to write applications that are built on like contracts or, or even like financial applications. Like the whole idea of like, like code being able to hold its own its own actual currency or money. Um, because it's like, you know, it's just bits. Like that is interesting. Like, I don't know, you know, I'm not enough of a futurist to be able to like see the future where, you know, that's like ubiquitous, but like it is, I can see that aspect of it. It's interesting. But like the whole, like, yeah. I'm not like collecting a bunch of, uh, NFTs in the meantime.Ben: Yeah. I think smart contracts. The idea is interesting. I think, you know, the stuff that's being loosely called web three, I think that's kind of stuff is interesting, but the, but the whole I'm going to buy a smart contract thing that represents a JPEG and then I'm gonna hold on to it and it's going to be worth a million bucks. That part of it doesn't really appeal to me. Like, yeah, I guess I'm just not yet.Josh: Well, you're also not an art. You're not like an art collector either. I would assume that's true. I don't think you have a house full of priceless art. I would, that would be my guess. I mean, I don't want to like, yeah, like over assume, but I mean, like, I think that's the kind of person that this would, this definitely like appeals more to like the collector and, uh, I'm, I'm also not a collector. So, um,Ben: Um, I do have one, I do have one piece of art in my house, so I'm not a complete, you know, Rube, but, uh, but yeah, I am not, I'm not a collector. Yeah.Starr: I think the big, um, like, like I'm thinking about how like Bitcoin and stuff has been around and, you know, blockchain has been around for over a decade at this point. Right. Um, and like still now, like, you know, it looks a lot, I don't know, to me, just from the outside, it looks very similar to what it did back then. It's like, it's like, um, a bunch of people, very excited about it and what it means, and this kind of like vague way, um, that like seems like, you know, it'll pan out in the future, but we're not quite sure how yet. And like, I'm wondering if the big, um, I'm wondering if the thing that like blockchain is actually successful at is in, um, being very like evocative to a certain type of person, um, making a certain type of, you know, developer or a tech person, like feel a certain way. Like I wonder if that's the main success of blockchain, because that seems to be like, mostly what I'm seeing is like a bunch of people, you know, excited a bunch of people. Um, I don't know, like, like wanting to discuss the future of things and you know, being smart about it. And it's like, I wonder if that, um, that process is the whole reason that it stuck around. I don't know.Ben: It's good, good point.Josh: There's definitely some interesting stuff out there. Um, and some very, I mean, like, I think it's undeniable that there are some very people that have thought all this stuff up, like yeah. But yeah, I don't know. You're right. It's, it's been around a lot. Like the, it seems like the adoption curve as much longer on this one. If, if it is going to be the, you know, the next big thing, I don't know. It does. I don't know. It'll be interesting. But I figured in the meantime, like keeping, keeping an eye on, let's just try to learn more about it. But, um, I'm not really the, I try to avoid situations where I just like dive in and become a like true believer. So I'm, I'm learning from afar.Ben: I'll just go buy some GME. That'll go to fix.Starr: I dunno. I'm just going to go for AMC, myself. Like the movies, like the movies have been around forever.Ben: Well, confession time I actually bought some AMC. Oh yeah. When the whole GME thing was going crazy and AMC got part of it. I went and bought some AMC. Cause I'm like, you know what, thinking about it. It's like, I wasn't really interested in the main stock thing, but I was thinking, okay, pandemics going to go away some point, right. People are gonna get back out and they're going to go to movies again. Right. It's going to be, and I'm actually, I think I'm doing pretty good on the whole AMC purchase. We'll see how it goes. Pandemic didn't end yet, but I can still close the fingers.Josh: I mean, as a futurist, I do expect more things to become MIMA fide. So if you can like predict those trends, then go, you know, get in early because, uh, everything's going to be a meme on the blockchain. Eventually.Ben: That's a good thing. Our business is based on a meme now. We're, we're, we're totally with it.Josh: Yeah. All right. We're finally with it on the whole meme thing.Starr: Well, as the present test, I think you should just enjoy it while you can.Josh: You mean all the mains or I don'tStarr: Really know. I just want to get, it seemed like a pithy thing to sayBen: It's apropos. Yeah. Yeah.Josh: Well, we discussed like, no, like I think we, I think we actually discussed like nothing related to the business this time and that is, you know, that's moving forward.Ben: This is our Seinfeld episode, the episode aboutJosh: Speed. Oh, speaking of Seinfeld, we finished the last, the final episode of Seinfeld, um, that like a couple nights ago. And it like, cause we've been like Kayla and I have been like going through it, like for like years at this point, like just slowly, like, cause it's not every night you want to watch Seinfeld. Like it's, it's gotta be like a Seinfeld night. So we finally, like, we didn't realize we were like at the end. Um, and it was kind of a, it was a little bittersweet moment kind of likeStarr: At the end of real Seinfeld when it aired. So, and you just heard that green day song starts swelling. It's something I'm predictive of your life. I know. So enjoy it while you can enjoy it while you can.Starr: You've been listening to founder quest. If you want to give us a review, go to wherever you do that and do that. I don't know. I've never been given a podcast or review, to be honest. I don't know how you do it. Um, so I may just be sending you out to nowhere. Um, and yeah, if you're interested in writing for us, we are usually looking for authors and stuff for a blog. Um, check out honeybadger.io forward slash blog and look for the right press link and learn all about, you know, all about that. And we will see you next week. See ya. See ya. Bye.
Episode #150 - "What It's Really Like to Be an Entrepreneur" has been rebranded to "That Entrepreneur Show" https://www.VincentALanci.com/.Each week, the founder of a company or brand shares what worked for them, what they needed to improve on, and all of their learning lessons along the way. For the 2nd episode of Season 11, Ai Ching Goh joins to empowering professionals to communicate impactful stories. Some areas she will focus on is why it is possible to build a profitable, purposeful, and people-first organization, how to bootstrap, and why she went on a 4 day work week (and if she has any regrets!)Streaming rom Malaysia, she will also shares first-hand stories of surviving a decade in business while teaching you how to launch additional ventures. She is the Co-Founder and CEO of Piktochart and Piktostory.They are visual storytelling tools and each serve different needs. Piktochart is primarily for visuals and infographics, while Piktostory is used for videos.She has built the first business with her husband for over 10 years now and has tons of stories to share.Piktochart, a web app offering users without intensive graphic design experience to easily create professional-grade visuals using themed templates.As CEO, Ching oversees a number of areas at Piktochart and takes an unconventional approach to startup growth. She goes against the grain of what the startup world teaches passionate entrepreneurs in areas including bootstrapping, talent management and culture ”shaping.”Piktochart is re-defining the way we look at visual design, story-telling and communication design. With over 15 million users and 20 million infographics created, Piktochart continues to challenge what can be done with infographics and improve on the user experience of creating visual stories (reports and presentations) from data.Guest : Ai Ching GohGuest Website: www.piktochart.com www.piktostory.comGuest Website: www.piktostory.com Guest LinkedIn: https://www.linkedin.com/in/gohaiching/Host Name: Vincent A. LanciEmail: PodcastsByLanci@Gmail.comYouTube: youtube.com/channel/UCy0dil34Q5ILEuHgLVmfhXQInstagram: https://www.instagram.com/thatentrepreneurshowFacebook: https://www.facebook.com/ThatEntrepreneurShowTwitter: twitter.com/PodcastsByLanciLinkedIn: https://www.linkedin.com/showcase/thatentrepreneurshowFor Digital Editing Inquiries: Email PodcastsByLanci@Gmail.comUplifting Energy by Mixaund | https://www.free-stock-music.com/mixaund-uplifting-energy.htmlAdventure by MusicbyAden | https://soundcloud.com/musicbyadenCreative Commons Attribution-ShareAlike 3.0 Unportedhttps://creativecommons.oSpotlight Story Sources: Says.com, TheStar.com
Jeff Brown is host of the award-winning podcast Read to Lead and author of the new book Read to Lead: The Simple Habit That Expands Your Influence and Boosts Your Career. In this interview, he shares the long-term impact of building a consistent reading habit and how to choose which books to read when, to get the most out of your time invested in reading.
This week Justin chats with Michele Hansen, founder of Geocodio. I got fired up about interviewing customers! Get Michele's new book! Deploy Empathy Listen to Michele's podcast: Software Social "Empathy is a skill you can learn." Get Michele's newsletter "There's so much shame in the tech community." What are the boundaries for deploying empathy? When, and how, do we deliver critiques? Podcast: a respectful interview with a flat-earther "This book isn't just about deploying empathy to customers, it's also about learning to be more empathetic to your family, friends, coworkers." 31:30 – we start discussing customer interviews "It was easier for me to learn how to have empathy for customers than it was to have empathy for myself." 42:27 – "how does empathy help businesses attract new customers, build better products?" 46:53 - "Why don't you bring Jon in on those interviews?" What should we talk about next? Twitter: @buildyoursaas, @mijustin, @mjwhansen Email us: firstname.lastname@example.org Thanks to our monthly supporters: Mitch Harris Kenny, Intro CRM podcast Oleg Kulyk Violette Du Geneville Take It EV podcast Ethan Gunderson Diogo Chris Willow Borja Soler Ward Sandler, Memberspace Eric Lima James Sowers (like Flowers) Travis Fischer Matt Buckley Russell Brown Evandro Sasse Pradyumna Shembekar (PD) Noah Prail Colin Gray Josh Smith Ivan Curkovic Shane Smith Austin Loveless Simon Bennett Michael Sitver Paul Jarvis and Jack Ellis, Dan Buda Darby Frey Samori Augusto Dave Young Brad from Canada Sammy Schuckert Mike Walker Adam DuVander Dave Giunta (JOOnta) Kyle Fox GetRewardful.com ★ Support this podcast on Patreon ★