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We're joined by two guests on today's episode of Bridging The Gap. Dave Connolly, CEO and Co-Founder of Knudge, and Dr. Moira Summers, Financial Psychologist and Executive Coach, share how they help bridge the gap between financial motivations and systems that help clients reach their financial goals. We explore procrastination, three steps of implementation for your clients, the shared responsibility of implementation, what works and what doesn't work when it comes to helping your clients reach financial goals, and more. We also dive into a conversation about how simple reminders from you as the advisor can have a huge impact on your clients's financial journey. Guest Bios: Dave Connolly, co-founder and CEO of Knudge, a platform that helps advisors manage their clients' action items and automates follow up via email, text or push notifications to encourage their clients to get more done. For over 20 years Dave has been designing and developing web based products. Former Lead User Interface Designer at Bain & Company - responsible for designing dozens of internal web based applications. More recently co-founder and CTO of HourlyNerd (now Catalant Technologies) an online marketplace that provides global enterprises access to business expertise on demand. Dr. Moira Somers is a psychologist, family wealth consultant, and executive coach based in Manitoba, Canada. She is the behavioural strategist at Knudge (a FinTech company dedicated to improving follow-through on financial advice), as well as the founder of consulting company Money, Mind and Meaning. She is the author of Advice that Sticks: How to Give Financial Advice that People Will Follow. Dr. Somers is a faculty member at the Ultra High Net Worth Institute and the Sudden Money Institute. Undergirding all of her work is her grounded and pragmatic approach to changing financial behaviours, attitudes, relationships and organizations for the greater good of individuals and society.
Listen to an interview with Maria Thomas discuss the Internet of Things with Catalant (formerly HourlyNerd). Maria Thomas is an Entrepreneur, CEO and public company board director who leads businesses at the intersection of commerce, media and technology. She currently serves as a board member, angel investor, and advisor to early stage companies, including participating in Catalant's Series B round of financing. Previously, Maria held various leadership positions at SmartThings (CMO and Chief Consumer Officer), Etsy (CEO), NPR (SVP & GM, Digital Media), and Amazon (Dir. of Product, Consumer Electronics).
An Interview w/ Terri Gallagher by HourlyNerd
Startup Boston Podcast: Entrepreneurs | Investors | Influencers | Founders
Rob Biederman’s co-founded Catalant (formerly HourlyNerd) while getting his MBA at HBS as a requirement to for his Field III Course. They started by going to small businesses surrounding the campus and asking what problems they were facing and how they could help. MBA students from surrounding schools would then carry out the work needed for the small businesses. Today, Catalant has over 28,000 experts on their platform and has completed projects for small companies and enterprises such as GE. Companies turn to Catalant when they have a project they need completed but don’t have experts in-house capable of completing the work. Catalant experts cost a fraction of hiring a top tier consulting firm because they remove resources who aren’t necessary in solving the problems the company is facing and only include resources that are necessary for your need. In this episode, Rob talks about: How freelancers on the platform are vetted How freelancers on the platform can stand out What drove the decision to rebrand from HourlyNerd to Catalant The difficulties with building a two-sided marketplace Why he decided to continue working on the company after graduating from HBS How he sees the gig economy affecting the overall job marketplace in years to come How they were able to get Mark Cuban as an investor Links from today’s episode: Bain BCG Behance Uber Lyft Postmates UpWork GoDaddy InsightSquared Kuvee Slack Sonos Zero to One The Hard Thing About Hard Things Sales Acceleration Formula The Challenger Sale If you liked this episode: Follow the podcast on Twitter Subscribe on iTunes or your podcast app and write a review Get in touch with feedback, ideas, or to say hi: nic {AT} startupbostonpodcast [DOT] com Music by: Broke For Free
Startup Boston Podcast: Entrepreneurs | Investors | Influencers | Founders
In this episode, I interview Shea Coakley, founder and CEO of Leanbox, which provides businesses with a fresh food kiosk by blending technology and food service. Their target customer is the ~150 person office that wants to provide employees with a fresh and healthy food service without the need to build a cafeteria. Leanbox eliminates the need for customers to place orders when supply runs low since each Leanbox and its contents can be monitored by the Leanbox team. This means they’re able to provide preventative maintenance and restock the Leanbox before it runs out of food. Businesses are charged a monthly fee and the end customer purchases the food at cost, twenty to thirty percent below retail price. In this episode, Shea shares amongst other things: Their pivot from a restaurant to a healthy food services business Designing a business so that you can excel The moment he realized Leanbox was onto something special How they are able to minimize food waste while providing fresh, never frozen food options How technology plays a major role in ensuring each Leanbox is always stocked The process for sourcing new food items Links from this episode: Sweetgreen Dig inn New Grounds Food Suja Stumptown Taza LogMeIn Rue La La lovin’ spoonfuls Deuxave Grill 23 Slack Bevi Drink Sportello Brewer’s Fork Catalant (formerly HourlyNerd) Drizly The Growth Show Freakonomics Adam Carolla Zero to One The Hard Thing About Hard Things If you liked this episode: Follow the podcast on Twitter Subscribe on iTunes or your podcast app and write a review Get in touch with feedback, ideas, or to say hi: nic {AT} startupbostonpodcast [DOT] com
(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.u0010u0010GUEST:u0010Rob Biederman, CEO and co-founder of HourlyNerd, on the gig economy and how technology will drive the future of work.
Rob Biederman, co-CEO of HourlyNerd, talks about raising an early round of funding in the company. He and his colleagues applied to be on Shark Tank, were accepted, and then had to decline when they learned that the show taping would conflict with the beginning of their second year of business school. The contacted Marc Cuban directly and got a favorable response that enabled them to secure a seed round. Storytime Friday is a podcast produced by Red Cup Agency. In each episode, communications director Lee Schneider reads from a chapter in progress of his upcoming book, Inside the Mind of Your Angel Investor.
The Top Entrepreneurs in Money, Marketing, Business and Life
Rob Biederman, founder of HourlyNerd - a platform that bypasses traditional consultancies to help companies hire just the experts they need. HourlyNerd serves more than 4,500 companies, including GE, Microsoft and American Apparel. Listen as Rob and Nathan talk about spotting a market gap, dividing equity, and why you should have studied computer science. Favorite Book? – Only the Paranoid Survive What CEO do you follow? — Jeff Immelt What is your favorite online tool?— Slack Do you get 8 hours of sleep?— No If you could let your 20 year old self know one thing, what would it be?— Take some computer science papers Time Stamped Show Notes: 01:15 – Nathan’s introduction 01:40 – Welcoming Graham to the show 01:56 – “Companies use us when they have a pressing need for a solution that can’t be provided by their current workforce” 02:00 – HourlyNerd makes money by taking a small percentage of transactions 02:30 – Example: connected GE to a robotics professor who could educate them about commercial robotics 03:30 – Around 80-85% goes to the consultant, the rest goes to HourlyNerd 04:00 – Rob worked in private equity before starting his business 04:34 – Had the idea of bypassing traditional consulting to connect people to talent directly 04:58 – Rob started in private equity aged 21, and founded the company aged 26 05:40 – He gave up a $400-600k salary 06:40 – “I’d saved a tremendous amount...I could mitigate the risk” 07:20 – How did Rob and his founders divide equity? 07:30 – They used a vesting schedule to accommodate any changes 09:15 – Worked with 5,000 customers in 2015 and had 21,000 nerds 09:31 – Nerds actively making money would be “in the low single-digit thousands” 09:50 – “We work with clients from GE down to a woman called Jenny in Massachusetts” 10:40 – Founded in 2013 10:51 – Total revenue in the first year was $150k 11:00 – Total revenue in 2015 was above $5 million 11:20 – Have raised about $10 million in capital 11:25 – “Nobody on our founding team could code...we needed to pay a development firm” 12:40 – Gave up around 20% of equity via convertible note to fundraise 13:30 – Auditioned for Shark Tank: dropped out but ended up with Mark Cuban as an investor 14:40 – Connect with Rob at HourlyNerd or on Twitter 3 Key Points: Be wary of how much equity you’re giving up in the early stages of your company. Make choices that minimise dead equity. Don’t be afraid to give up a salary to follow your ideas Learn some computer skills as soon as you can Resources Mentioned: Freshbooks - The site Nathan uses to manage his invoices and accounts. Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible. Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+ Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books. Show Notes provided by Mallard Creatives
Interview with Peter Maglathlin, Co-founder and CFO, HourlyNerd Summary: While pursuing his MBA at Harvard Business School, Peter Maglathlin and his co-founders came up with the idea to create a curated marketplace for MBA alums to offer consulting services. On the third birthday of HourlyNerd, Renny sits down with Peter to talk about how they got to where they are. Now with 20,000 experts or 'nerds' on the platform, and offering for the enterprise and SMB's, HourlyNerd continues its trajectory for success.