Podcast appearances and mentions of james siminoff

August 10, 2017 Ring Doorbell w James Siminoff & Apprentice Winner Kelly Perdew Greatest Hits

Sean Ellis. He’s the founder and CEO of GrowthHackers.com, he coined the term “growth hacking” in 2010 after using it to ignite growth for Dropbox, Eventbrite, LogMeIn and Lookout. He also founded and sold customer insights company Qualaroo, growing it to millions of dollars in recurring revenue. Famous Five: Favorite Book? – The Hard Thing About Hard Things What CEO do you follow? – Peep Laja Favorite online tool? — The Calm App Do you get 8 hours of sleep?— Yes If you could let your 20-year old self, know one thing, what would it be? – “I wished my 20-year old self knew things are going to be pretty good”   Time Stamped Show Notes: 01:25 – Nathan introduces Sean to the show 02:03 – Sean speaks at The Capital Factory in Austin, Texas 02:07 – Sean’s talk was about viral coefficients and why it’s important to decrease the time of the original share to really drive growth 02:50 – If you don’t have a lot value at the foundation of the growth, it’s hard to make your business sustainable 02:56 – Sean tries to understands the value of the product first, then goes backwards from there 03:16 – Sean used the referral program for Dropbox 03:30 – Sean, together with the group, came up with the idea of giving away free storage for referrals 03:45 – Sean’s friend tested a double-sided referral program prior to Dropbox 03:53 – Sean’s friend is James Siminoff, founder of Ring and the previously the CEO of PhoneTag 04:45 – Sean provides advice on viral coefficients 04:55 – In the case of DropBox—“Referrals were strong before the referral program went in place” 05:12 – Understand what the motivation is for people to do refer 05:18 – Think about every step in the process; for example, what’s the prompt that gets people to share? 05:42 – Optimize all the steps of the referral process 05:47 – The more you have qualitative and quantitative insights about what’s happening, you’re going to be more informed in the tests that you are running 06:41 – Eventbrite didn’t have an incentive, but just a natural viral product in itself 07:18 – Eventbrite helps companies sell tickets 07:30 – Eventbrite doesn’t only offer a convenient experience but also good SEO, social integration, and other factors that will help you sell tickets 08:00 – Sean worked for LogMeIn’s marketing for 5 years 08:05 – LogMeIn is now a $5B company 08:07 – “Natural word-of-mouth was huge with LogMeIn” 08:10 – By the time Sean left LogMeIn, 80% of the users were coming in through word-of-mouth 08:15 – LogMeIn was spending more than $1M monthly with a 3-month payback on acquiring customers 08:21 – “Value drives word-of-mouth” 08:35 – At first, the majority of LogMeIn’s users didn’t really use the product 09:25 – The CEO and whole team worked together to find out the problem with the customer experience 09:55 – LogMeIn has always been cash flow positive 10:13 – Look up how Sean runs questionnaires in his Youtube videos and slideshows 10:31 – Qualaroo is about customer insights 10:45 – Sean acquired Qualaroo in 2012 10:49 – Qualaroo was acquired from KissMetrics 10:53 – Qualaroo was a side business and Sean was an advisor for it 11:08 – Sean built Qualaroo to millions of dollars of recurring revenue and sold it last year 11:45 – Sean bought it for less than a million dollars 12:00 – The revenue of Qualaroo was less than a hundred thousand dollars 12:25 – Qualaroo was acquired by Xenon 13:01 – Jonathan Siegel owns Xenon 13:14 – Sean wanted to sell Qualaroo and wasn’t trying to get top dollar for it 13:57 – Sean had a 7-figure advance on the book, so he’s not losing money 14:09 – Sean has signed with Crown Business 14:29 – Sean has self-published a book before 14:49 – Sean’s background and Growth Hackers allowed him to get a great deal with Crown Business 15:00 – Sean is the guy who came up with the term “growth hacking” 15:09 – There are already a lot of publishers who approached Sean to write a book about growth hacking 15:22 – Morgan Brown is Sean’s co-author 15:47 – Morgan and Sean hired an editor to write the proposal 16:10 – Sean’s agent is Lisa DiMona 16:30 – The process is getting an agent to invest in your book, they help you with the proposal and they pitch your book 17:21 – Sean’s plan to make the book a successful one 17:26 – First is to gain momentum to get on the New York Times’ Bestseller List 17:43 – The weekly sales is what will determine whether you make the list 18:05 – “If you get on the list, then it’s a lot easier to stay on the list” 18:32 – People’s perception on growth is often a bit flawed 18:45 – Growth hacking is more about testing stuff and doubling down when something works 19:04 – Sean has some copies of his book for his Microsoft presentation 19:20 – Sean also has some copies for different companies 19:31 – Sean offers ticket bundles for Growth Hackers Conference in May, in LA 19:37 – Growth University’s growth master training course has bundled with book sales 19:43 – Sean is running bundled ads, too 19:51 – Sean is getting sub $50 sales on their course with the book bundled 20:51 – Sean is currently at a ConversionXL conference 21:05 – Peep Laja was on Episode 620, and he is the founder of ConversionXL 21:37 – Sean didn’t commit to buying any books 22:35 – Why should people buy this book rather than the other growth hacking books? 22:39 – “Ryan Holiday’s book was awesome to bring attention to growth hacking” 22:47 – There hasn’t really been a guide book to what do you do as a team, especially for bigger companies who want to replicate what Facebook or Uber has done 23:12 – Marketing isn’t that hard, but you need cultural change, cross-functional coordination, and collaboration 23:31 – Hacking Growth has the methods for what you need to drive growth at its foundation 23:44 – It is powerful and people need help 24:06 – Crossing the Chasm provides observations regarding the growth process 24:20 – The main difference between this book and Sean’s is that it doesn’t tell you how to organize your team to exploit that growth situation 24:32 – “We’re not just telling you the fundamentals of how growth works, we’re telling you how to run a growth process across a team...” 25:02 – “You need to have a very integrated coordinated team and the best time to build it in your business is early, when the culture is malleable to do it” 27:20 – The Famous Five   3 Key Points: Regarding viral coefficients, the more you have qualitative and quantitative insights about what’s happening in the referral and sharing process, the more informed your tests will be. Growth hacking is more about testing stuff and doubling down when something works. You NEED a very integrated, coordinated team—the best time to build this into your business is early on, when the culture is still malleable.   Resources Mentioned: The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences Organifi – The juice was Nathan’s life saver during his trip in Southeast Asia Klipfolio – Track your business performance across all departments for FREE Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Host Gator– The site Nathan uses to buy his domain names and hosting for the cheapest price possible Audible– Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books Freshbooks – Nathan doesn’t waste time so he uses Freshbooks to send out invoices and collect his money. 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Can a video doorbell really curb crime? James Siminoff believes so. The founder of Ring, the video doorbell, Siminoff says it helps scare away at least 100 would-be robbers daily, and he's got the stats to prove to it, as he tells Jefferson Graham on #TalkingTech.

IN THIS EPISODE: of Rise & Grind, episode 46 we chat with James (Jamie) Siminoff, the CEO and Founder of Ring, a video Doorbell that lets you answer the door from anywhere using your smartphone. Their mission is extremely noble. To reduce criminality. It was previously known as Doorbot and it might ring a bell (no pun intended) as Jamie appeared on Shark Tank Season 3. If you are a frequent listener of our show you might recall our episode number 6 where we talked with Tanner Dame, I used a very provocative title "Is this company Sharks’ biggest missed opportunity?" as the sharks missed a great investment opportunity. Well, with Jamie and Ring the sharks made a huge mistake, again. But let's start by the beginning. Jamie, a serial entrepreneur, started Ring because of necessity, as other great entrepreneurial stories. One day he was in the garage and couldn't hear the doorbell. That was his a-ha moment. In college he studied entrepreneurship and he is a self-taught engineer, he mentions he's always been a tinker, always busy in the garage creating new products. I tried to get his secret sauce to create physical products but Siminoff replied "I don't know how to explain how to create something. I just do stuff. It kind of happened." Siminoff's journey with Ring has been quite remarkable. He started by creating his own pre-orders' website as Kickstarter at the time didn't accept products with cameras. Then he got to know about Shark Tank via a personal friend who knew a Shark Tank producer. He appeared in Season 3 and only O'Leary was interested in Ring (at that time called Doorbot) but as sometimes Mr. Wonderful does he made a truly bad offer that Siminoff couldn't accept even though he was pretty desperate for money. That didn't hit his self-confidence and he gives a lot of credit to Shark Tank for his success. Even today people tell him that they saw the product on Shark Tank. The Shark Tank effect is certainly difficult to quantify but he mentions that it is "between 5 and 10 million". Sales were growing and then something truly amazing happened. He received an email from Richard Branson asking if he could invest. Siminoff accept and Branson became an investor. Big time. $28 million dollars and Branson has become one of the biggest supporters of Ring. Jamie couldn't share revenue numbers but looking at the following data you can certainly say that the Sharks let an amazing investing opportunity fly way: Raised $100 million to date 550 people on his team. Ring is present in 15000 stores in the US and growing globally. "I think big mistakes are the ones that kill you, all the other mistakes are lessons." - James Siminoff Listen now to this amazing interview with James Siminoff from Ring.com WHAT WILL YOU LEARN: How people understimate what they can learn on their own. Why you shouldn't rush when creating a product, good things take time. Why choosing a right name for a consumer product is fundamental. How much a premium domain like Ring.com can cost FIREBOLT ROUND Favorite Business Book: Biography of Walt Disney Favorite online tool: Gmail Somebody you admire and follow: Jeff Bezos Knowing what you know now and If you wanted or had to start a new business today, what would you do?:"I am so immersed in Ring that I can't even think what's going on in the world right now" Motivational quote?: “In the short term the markets are a voting machine, in the long term they are a weighing machine." - Warren Buffett What advice would you give to your 20-year-old self?: “Be calm, understand what you like and do that. Don't rush everything." Thanks so much for listening!

When Shree and I first met Jamie Siminoff, he was the Founding CEO of a cool little company called Simulscribe, which turned voicemail audio into text. He was a tough competitor with a great sense of humor, and had enough perspective to know that startups are hard,… Read more The post @techvitamin 1.8: James Siminoff, CEO/Founder of Ring.com appeared first on @techvitamin.

March 10, 2015 - Ring Video Doorbell James Siminoff & Healthcare 3.0 Yechiel Engelhard

Kevin Hundert - Founder/CEO of Made Eye ware. Learn how Kevin took an idea and made it better!Mentor: James Siminoff - Founder of Door Bot mentors our rising star in the entrepreneurial space! DO NOT MISS THIS!CEO/Co-Founder, STEM Center USA

On this episode : Lilly Ghalichi by Avitan, Television Personality, Designer, Entrepreneur and James Siminoff, Your First Step International, Inc. Chief Inventor DoorBot

What's the best approach to being disruptive? How do you take a simple idea and make it fantastic? Mr. Ojanperä will help us better understand these techniques as our guest today! Tero has a strong and versatile 20+ year long experience in mobile industry; he had been focused on stimulating innovations, developer activities and building new businesses for most of his professional life.Vision+ has developed an unique financing model to investing in IPR industries to maximize the value to both developers as well Fund's for investors. Vision+ funding will create an opportunity for new players to take part in the value chain and help developers to improve their share of the value chain and keep the IPR's. While obtaining a Bachelor of Science in Entrepreneurship from Babson College, James Siminoff founded Your First Step International, Inc., a company that assisted entrepreneurs in bringing ideas from concept to fruition. In 2000, the company pivoted to building and operating global wholesale Voice over IP networks in developing countries. In 2005 – perplexed by the archaic nature of voicemail – Jamie founded the world's first voicemail-to-text company, PhoneTag. In September of 2009 PhoneTag sold to Ditech Networks. In 2010 Jamie took on email and founded Unsubscribe.com to help email users clean commercial email from their inboxes. In 2011 Unsubscribe.com was sold to personal security company, TrustedID. Have you ever watched a video and wondered, “Where did he get that jacket?”, “Where did she get that purse?” or “Who is that actress and what else has she been in?” There HAS to be an easier way to find out rather than spending hours on Google, right? The answer to all of your questions is finally here. VIDZEY is the in-video storefront that allows Hollywood to connect with its viewers – instantly. Sean Kilbane oversees strategic partnerships and new business development at VIDZEY. Most recently, Kilbane worked in international reality TV sales at Electus, Barry Diller's start-up company. In addition, his experience at Burns Entertainment & Sports Marketing in Chicago and United Talent Agency in Beverly Hills gives VIDZEY its connection to Hollywood. Brian Feldkamp oversees strategic growth and business operations at VIDZEY. In addition to his work as a business strategies consultant at Seracon Consulting, Brian has started several businesses of his own – including a Health and Fitness Company, an e-commerce company selling nostalgic t-shirts, and a travel booking website.

Ken talks about the power of infomercials, the future of 3-D printing, and why you need to stay on top of what's trending everyday!Today's Guests - Mike Lindell, founder of My Pillow. Mike sold his bars in Minnesota for $500,000, and then took that money to produce a 30 minute infomercial that ran 181 times per day! Since then sales have skyrocketed from $3 million in 2010, to $102 million in 2012. Mike shares his story about the incredible risk he took, how scary it was, and how it payed off in the end. James Siminoff is the chief inventor of Doorbot - "The worlds greatest doorbell." This ingenious device will alert your phone when your doorbell rings, eliminating missing deliveries and people at your front door! For more information visit www.businessrockstars.com