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Welcome to another wild episode of the Correct Opinions Podcast! This week, Trey, Jake, and Katie tackle crimped hair nostalgia, awkward middle school memories, and the woes of lopsided volleyball leagues. We react to a few Steven Bartlett videos, breaking down his takes with our signature humor. Plus, we dive into Jamie Siminoff's Shark Tank flop-to-billion-dollar success, rant about relentless real estate and IRS scams, and feature a fan video from Jeanette about scam texts. Stick around for exclusive Patreon content where we review Trey's homework movie script! Support us on Patreon: patreon.com/treykennedy Submit fan videos: treykennedy.com/correctopinions/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Welcome to another wild episode of the Correct Opinions Podcast! This week, Trey, Jake, and Katie tackle crimped hair nostalgia, awkward middle school memories, and the woes of lopsided volleyball leagues. We react to a few Steven Bartlett videos, breaking down his takes with our signature humor. Plus, we dive into Jamie Siminoff's Shark Tank flop-to-billion-dollar success, rant about relentless real estate and IRS scams, and feature a fan video from Jeanette about scam texts. Stick around for exclusive Patreon content where we review Trey's homework movie script! Support us on Patreon: patreon.com/treykennedy Submit fan videos: treykennedy.com/correctopinions/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Today's episode, gets inside the mind of an inventor, and seeing how that work applies to community development in a small town in rural Missouri.
Jaime Salcedo, the founder of Painless Picasso, a numbing cream designed to alleviate pain during tattooing, piercing, waxing, and laser treatments shares his entrepreneurial story. From his beginnings as a tattoo artist to creating a product that challenges the norm in the beauty industry, Jaime shares the highs and lows of building a business from the ground up. Despite freezing up during his pitch on Buy It Now and facing tough questions from the judges, Jaime's authenticity and passion for helping people shone through, earning him a spot on Amazon's Buy It Now store and a $20,000 cash prize. You can watch Painless Picasso's episode on the Buy it Now show titled: The Panel Meet Dua Leafa. Tune in and get inspired by the real stories behind the entrepreneurs and products featured on Buy It Now. You can find winning products on the Buy It Now Store. Follow TISB: Behind the Buy on Spotify, Apple Podcasts, or wherever you get your podcasts and make sure to watch Buy It Now on Prime Video. In this episode you'll learn: (03:43) Jaime shares how, as a tattoo artist with no chemistry background, dove into the world of numbing creams and sought advice to create a safer alternative.(04:52) Jaime's first step in turning his idea into a business was calling the FDA to learn about the regulations surrounding numbing creams, demonstrating the value of asking questions when starting something new.(05:16) Jaime reflects on his experience with joining the bio-tech community, such as Techstars, a venture accelerator that taught him business fundamentals and helped him connect with key resources like chemists.(06:27) Jaime talks about overcoming imposter syndrome by focusing on his strengths as a problem solver and team builder, rather than worrying about what he didn't know.(11:13) Despite freezing during his pitch, Jaime's deep understanding of his product allowed him to answer audience questions with ease, reinforcing the importance of knowing your business.(11:41) Jaime discusses how carefully choosing a price point ($19.99) helped his product stand out and led to a favorable response from the audience during his pitch.(18:26) Jamie Siminoff advises that focusing on one core product—rather than trying to do everything—helps businesses gain traction before expanding into additional markets.
Tiffany Gil, the CEO and inventor behind Shezza Socks, creates foam-padded socks designed to prevent blisters. Tiffany's journey to entrepreneurship started as a high schooler struggling with painful blisters from new shoes. After years of refining her idea and overcoming challenges—like securing funding by winning a cross-country lawnmower race—Tiffany's product went viral on TikTok. This led Tiffany to pitch her brand on the Buy It Now show, where she impressed a panel of judges, including Jamie Siminoff (founder of Ring) and celebrity entrepreneur Gwyneth Paltrow. You can watch Shezza Socks' episode on the Buy it Now show titled: The Panel Get Grilled. Tune in and get inspired by the real stories behind the entrepreneurs and products featured on Buy It Now. You can find winning products on the Buy It Now Store. Follow TISB: Behind the Buy on Spotify, Apple Podcasts, or wherever you get your podcasts and make sure to watch Buy It Now on Prime Video. In this episode you'll discover: (0:07) How Tiffany solved a personal problem. Tiffany created Shezza Socks after struggling with painful blisters from new shoes, turning a personal issue into a business idea.(5:55) Tiffany funded her business by winning a lawnmower race and entering pitch competitions, showing the value of persistence and resourcefulness.(7:59) How Tiffany leveraged social media to gain entrepreneurial recognition. A viral TikTok video helped Shezza Socks gain traction, demonstrating the power of social media for marketing.(14:10) The importance of valuing and embracing feedback. Tiffany received valuable feedback on her brand name from industry leaders, showing the importance of being open to criticism and adapting.
Meet Kerry Cooke and her daughter Kat, the founders of Spleash—a multi-functional dog leash holder that hydrates, cools, and cleans your pet on the go. Kerry and Kat share the emotional journey behind their product, born from a need to care for their own dogs during tough times. They reveal the challenges they faced, from sketching the first design to overcoming manufacturing hurdles, and how they finally made it onto the Buy It Now show. You can watch Spleash's episode on the Buy it Now show titled: Jamie Gets Buff.Tune in and get inspired by the real stories behind the entrepreneurs and products featured on Buy It Now. You can find winning products on the Buy It Now Store. Follow TISB: Behind the Buy on Spotify, Apple Podcasts, or wherever you get your podcasts and make sure to watch Buy It Now on Prime Video.In this episode you'll discover: (0:00) Kerry and Kat were motivated by a genuine need to care for their dogs and give back to the pet community. Their product isn't just practical—it reflects their mission to make a difference. (6:07) Kerry and Kat faced multiple setbacks during the creation of Spleash, including leaks in the first batch and the complexities of manufacturing. Their perseverance and willingness to go back to the drawing board were key to overcoming these challenges. (11:56) The mother-daughter duo rehearsed their pitch relentlessly, practicing in everyday moments until they had it down perfectly. This preparation paid off when they stepped in front of the live audience. (15:49) The judges' feedback, including Tony Hawk's comments and Jamie Siminoff's praise for the design, highlighted how important it is to listen to constructive criticism and make necessary adjustments. (19:59) Kerry and Kat's advice for aspiring entrepreneurs is clear: don't let fear of failure hold you back. They emphasize the importance of pushing forward with belief in your idea, no matter how difficult the road may be.
Matthew Tesvich, the CEO of Skunk Skin turned his personal battle with stinky feet into a thriving business with his innovative odorless socks. Hear about his experience on "Buy It Now," where he impressed judges like Jamie Siminoff, and learn the key lessons he gathered on entrepreneurship, marketing, and overcoming challenges. You can watch Skunk Skin's episode on the Buy it Now show titled: Lions and Ducks and Skunks, Oh My!Tune in and get inspired by the real stories behind the entrepreneurs and products featured on Buy It Now. You can find winning products on the Buy It Now Store. Follow TISB: Behind the Buy on Spotify, Apple Podcasts, or wherever you get your podcasts and make sure to watch Buy It Now on Prime Video. In this episode you'll learn: (0:06): How Matthew's lifelong issue with stinky feet inspired him to create Skunk Skin, a line of odorless socks, highlighting the power of turning personal challenges into innovative solutions.(02:38): After a career-ending injury, Matthew pivoted from aspiring baseball player to entrepreneur, demonstrating how setbacks can lead to new opportunities and the importance of creative problem-solving.(06:02): Matthew discusses how he used press and publicity strategies, including catchy email subject lines, to gain media attention and boost sales, underscoring the value of effective marketing in a startup's success.(11:43): Matthew reveals his pitching tactics, including price anchoring and engaging storytelling, that helped him impress the judges and win a spot on the Buy It Now Amazon store, illustrating key techniques for successful pitches.
A tragedy near-miss turned this healthcare professional into an entrepreneur. Her toddler was crying, but no sound was coming out: a clear sign of choking for any medical professional. Felicia Jackson's nightmare scenario inspired a product that is literally saving lives: CPR Wrap.Host, Andrea Marquez explores the backstory and journey of Felicia's invention, what led her to audition to Buy it Now, and how that experience (and the $20,000 cash prize) will take her business to new heights. While featured guest, Jamie Siminoff, founder and inventor of RING, points out key lessons you can takeaway from Felicia's pitch. You can watch CPR Wrap's episode on the Buy it Now show titled: The Panel Gets Dirty.Tune in and get inspired by the real stories behind the entrepreneurs and products featured on Buy It Now. You can find winning products on the Buy It Now Store. Follow TISB: Behind the Buy on Spotify, Apple Podcasts, or wherever you get your podcasts and make sure to watch Buy It Now on Prime Video. In this episode, you'll discover: (00:21) How Prime Video's Buy It Now show works, the stakes involved, and just how difficult it is to convince an audience of 100 to buy your product. (04:02) The backstory of how Jamie Siminoff created the Ring app, and why shows like Buy it Now can be life-changing for entreprenuers. (06:41) What made CPR Wrap a unique and essential product. (08:03) The moment that changed Felicia's life trajectory. A moment that could have been fatal, and propelled her to dream up CPR Wrap. (11:07) How Felicia quit her job in secret to create CPR Wrap, a risk she says was inevitable. Thankfully her husband was fully committed at that point, too. (12:13) Why having a strong support system and community is paramount to being successful. (14:55) What stage Felicia's business was at when she decided to send in an audition to the Buy it Now show.(15:57) How Felicia spent countless hours practicing her show-day pitch. (18:43) Jamie's first impression and feedback of CPR Wrap.(23:00) Felicia's reaction to winning and how she's planning on spending her cash prize.(25:04) Jamie, Andrea, and Felicia share some actionable takeaways that you can use to take your business to the next level!
Are you an entrepreneur looking to turn your big idea into a successful business? Welcome to "This is Small Business: Behind the Buy", the official companion podcast to the Buy it Now show from Amazon Prime Video. Hosted by Andrea Marquez from This is Small Business, and featuring Jamie Siminoff, creator of Ring, this special season of TISB dives deep into the world of Buy it Now and the entrepreneurs who are building their businesses one pitch at a time. Every Thursday, we follow up with the winner of the previous night's episode of Buy It Now on Prime Video. You'll hear directly from the entrepreneurs who took the stage, revealing the backstories, challenges, and business strategies that turned their dreams into reality.Whether you're an aspiring entrepreneur or an avid fan of the Buy It Now show, "Behind the Buy" offers behind-the-scenes stories that will inspire you to take the next step in your own business journey. From the intense preparation to the thrill of winning, we explore every angle of what it takes to pitch, win, and build a thriving business. Discover how each Buy It Now winner plans to use their prize to scale their business and how you can apply these lessons to your own entrepreneurial path.Tune in and get inspired by the real stories behind the entrepreneurs and products featured on Buy It Now. You can find winning products on the Buy It Now Store. Follow TISB: Behind the Buy on Spotify, Apple Podcasts, or wherever you get your podcasts and make sure to watch Buy It Now on Prime Video.
In today's episode of Passion Struck, I dive into the incredible journey of Jamie Siminoff and how Jamie Siminoff built Ring after facing a public rejection on Shark Tank. What started as a million-dollar idea dismissed by investors turned into a billion-dollar acquisition by Amazon, redefining the home security industry. Siminoff's story is a testament to resilience, innovation, and the unwavering belief in his vision.Throughout this solo episode, we'll explore how Jamie's relentless pursuit of his idea, despite the odds, not only led to Ring's success but also offers six key lessons for overcoming rejection and turning setbacks into stepping stones for success. If you've ever faced doubt or adversity in your own journey, this is an episode you won't want to miss!Link to the full show notes: https://passionstruck.com/how-jamie-siminoff-built-ring/In this episode, you will learn:Turning rejection into opportunityLessons on resilience and innovation from Jamie SiminoffThe journey from DoorBot to Ring's billion-dollar acquisitionThe power of believing in your vision despite setbacksSponsors:Babbel: Master a new language with Babbel's comprehensive learning system. Get 60% off at babbel.com/PASSION.Hims: Start your journey to regrowing hair with Hims. Get your free online visit at hims.com/PASSIONSTRUCK.Quince: Discover luxury at affordable prices with Quince. Enjoy free shipping and 365-day returns at quince.com/PASSION.For more information on advertisers and promo codes, visit Passion Struck Deals.Join the Passion Struck Community! Sign up for the Live Intentionally newsletter, where I share exclusive content, actionable advice, and insights to help you ignite your purpose and live your most intentional life. Get access to practical exercises, inspiring stories, and tools designed to help you grow. Learn more and sign up here.Speaking Engagements & Workshops Are you looking to inspire your team, organization, or audience to take intentional action in their lives and careers? I'm available for keynote speaking, workshops, and leadership training on topics such as intentional living, resilience, leadership, and personal growth. Let's work together to create transformational change. Learn more at johnrmiles.com/speaking.Episode Starter Packs With over 500 episodes, it can be overwhelming to know where to start. We've curated Episode Starter Packs based on key themes like leadership, mental health, and personal growth, making it easier for you to dive into the topics you care about. Check them out at passionstruck.com/starterpacks.Catch More of Passion Struck:Check My solo episode on Find Your Matter Meter: Create Belief in Why You MatterCatch My Episode with Jamie Kern Lima on the Power of Believing You Are WorthyWatch my interview with Dan Cnossen on Unstoppable Success Through AdversityCan't miss my episode with Hari Budha Magar on Defy Your Limits to Conquer Your EverestListen to my interview with Daniel Fielding on Harnessing the Power of the ‘Asset Mindset'If you liked the show, please leave us a review—it only takes a moment and helps us reach more people! Don't forget to include your Twitter or Instagram handle so we can thank you personally.How to Connect with John:Connect with John on Twitter at @John_RMiles and on Instagram at @John_R_Miles. Subscribe to our main YouTube Channel here and to our YouTube Clips Channel here. For more insights and resources, visit John's website.Want to explore where you stand on the path to becoming Passion Struck? Take our 20-question quiz on Passionstruck.com and find out today!
We're back with another episode of the Weekly Buzz with Helium 10's Senior Evangelist, Shivali Patel. Every week, we cover the latest breaking news in the Amazon, Walmart, and E-commerce space, talk about Helium 10's newest features, and provide a training tip for the week for serious sellers of any level. Amazon Multi-Channel fulfillment (MCF) can now automatically fulfill orders placed on social commerce channels like TikTok, Instagram, and Pinterest using your FBA inventory. You can now offer Subscribe & Save and Reorder coupons on an ASIN at the same time. With this change, you can now offer both Subscribe & Save and Reorder coupons on an ASIN at the same time. Effective September 30, 2024, if Amazon requires you to submit product compliance documents, these must be submitted and approved before you can list the product. Amazon Pharmacy customers can have their medications pre-sorted into packets using this new PillPack feature https://www.aboutamazon.com/news/retail/amazon-pharmacy-pillpack-feature Inbound shipping is now easier with the Amazon Partner Carrier Program's smart carrier options https://sell.amazon.com/blog/announcements/partner-carrier-program-smart-carrier-options Amazon marketplace sellers sue Walmart https://www.nwaonline.com/news/2024/oct/01/amazon-marketplace-sellers-sue-walmart/ Amazon seller-fulfilled heavy and bulky returns https://channelx.world/2024/10/amazon-seller-fulfilled-heavy-and-bulky-returns/ Amazon's recyclable packaging push https://www.packaging-gateway.com/news/amazons-recyclable-packaging-push/ Digital Domain Teams Up with AWS to Scale Autonomous Virtual Human Technology and Introduces Generative AI-Powered Features https://press.aboutamazon.com/aws/2024/9/digital-domain-teams-up-with-aws-to-scale-autonomous-virtual-human-technology-and-introduces-generative-ai-powered-features Amazon is launching its own Shark Tank where winners get to be Amazon sellers https://www.theverge.com/2024/9/30/24258276/amazon-buy-it-now-show-trailer-shark-tank-jb-smoove With the holiday season approaching, we arm you with strategic insights to capitalize on events like Prime Big Deals Day, including essential tips on using Cerebro for effective keyword research. Tune in and stay ahead with these buzzing news and strategies that help your business thrive in the competitive e-commerce landscape. In this episode of the Weekly Buzz by Helium 10, Bradley covers: 00:49 - MCF Expands to Social 02:04 - Dual Coupon Boosts Promotions 03:28 - Compliance Deadline Approaching 04:17 - Holiday Peak FBA Fees Set 05:48 - Pharmacy PillPack 07:00 - Smart Carrier Options Introduced 08:19 - Sellers x Walmart Lawsuit 09:54 - Updated Returns for Bulky Items 11:51 - Sustainable Packaging 12:58 - AWS Powers Autonomous Virtual Humans 15:04 - Shark Tank but for Prime 16:30 - Training: Finding Keywords Your Competitors Top Keywords ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On YouTube: youtube.com/@Helium10/videos Transcript Shivali Patel: Amazon's MCF fulfilling orders for popular social channels, incoming holiday peak fulfillment fees and, finally, that dual coupon feature you've requested being implemented. This and more on this week's episode of the Weekly Buzz. Bradley Sutton: How cool is that? Pretty cool, I think. Hello everybody, and welcome to another episode of the Serious Sellers Podcast by Helium 10. I am your host, Bradley Sutton, and this is the show. That is our Helium 10 Weekly Buzz, where we give you a rundown of all the new stories that are going on in the Amazon, Walmart and e-commerce world. We highlight the latest new feature alerts from Helium 10, and we review a training tip of the week that will give you serious strategies for serious sellers of any level in the e-commerce world. Today, our host is going to be Shivali Patel and so Shivali, take it away and let us know what's buzzing. Shivali Patel: First up, we have a few news pieces directly from Seller Central News To start. An exciting enhancement to Amazon's Multi-Channel Fulfillment, or MCF. Amazon's MCF now enables sellers to automatically fulfill orders from popular social commerce platforms like TikTok, Instagram and Pinterest using your Fulfillment by Amazon inventory. This means, for those of you that were perhaps manually fulfilling orders up until now for TikTok shop can now transition to more effortlessly expanding your brands, maintaining accurate inventory tracking and quicker order processing. Or imagine just running a promotion on Instagram knowing that your orders are being handled seamlessly through Amazon's system. This can help you capture even more sales opportunities across different channels, keeping you ahead of your competitors. To streamline this process, amazon recommends that you utilize tools like Webby LingSing or Connector by Silk. These platforms can help you connect your social media accounts to your Amazon Seller Central with ease and, in my opinion, a great strategic move to enhance your order fulfillment capabilities, position your business for growth and encourage you to meet customers where they're most active, and that is social channels. Shivali Patel: Then we have Amazon actually just announced its new dual coupon feature that many of you have been requesting. You can now offer both subscribe and save and reorder coupons on the same ASIN. Previously, sellers could only use one coupon per ASIN, which limited promotional strategies, and now eligible customers can choose between a 10% off free order coupon for a one-time purchase or a 20% off subscribe and save coupon for those who want to subscribe for regular deliveries. I can see this making a dent in impacting the quantity of repeat purchases and facilitating brand loyalty, as well as, if you are a seller, the ability to now cater to different purchasing behaviors. This will help you effectively engage your audience. For instance, if a customer is hesitant to commit to a subscription, that reorder coupon can persuade them to try your product without long-term commitment. Meanwhile, customers who value convenience can opt for the subscribe and save option, benefiting from a greater discount. Remember, guys, at the end of the day, promotions are a really great way for you to attract new customers and retain existing ones. By leveraging these dual coupon offerings, you can enhance your marketing efforts, drive sustained sales growth and, at the end of the day, it's about making your customers feel valued and giving them the options that suit their needs. Shivali Patel: Okay, moving on, let's talk about an important compliance update that you need to be aware of, effective September 30th 2024, which is already passed, amazon will now require that any product needing compliance documentation to have these documents submitted and approved before it can be listed in order to uphold the highest safety standards for products sold on Amazon. This is just one additional way for them to ensure that customers are really receiving safe and compliant items. While existing product listings will remain unaffected, new listings cannot go live until the proper documentation has been approved. So make sure that you guys manage this process through your manage all inventory dashboard on seller central and, since they can ask for additional information to verify product safety and compliance at any time, you'll want to check back time to time. Shivali Patel: Speaking of time, as we gear up for the holiday shopping season specifically, there are upcoming 2024 holiday peak fulfillment fees for FBA that you will need to be aware of. From October 15th to January 14th of 2025, you're going to see these seasonal fees applied to all products, reflecting the increased fulfillment and transportation costs during this busy period. This fee structure is similar to what other major carriers charge and it will be consistent across items within the same size band, and this will affect US FBA, Canada FBA, north America remote fulfillment, us multi-channel fulfillment and buy with Prime. I recommend that you guys factor these fees into your pricing strategy. Okay, and especially during the holiday season, when consumer spending typically peaks. The average holiday peak fulfillment fee will remain consistent with last year. However, a new peak fee will apply to products priced below 10 USD. This is for US FBA specifically. While these fees might seem like a hurdle, I want you to keep in mind that Amazon's average FBA fulfillment fees are still about 70% lower than the comparable two-day shipping options offered by third-party logistic providers. And, if needed, the new section does have the detailed rates linked by size and weight on the relevant help pages. So check it out to plan out your inventory and maximize sales during the holiday rush, if you have not already. Shivali Patel: In other news and in an exciting expansion of its services, amazon Pharmacy is enhancing the way that customers manage their medications with the introduction of a new pill pack feature. This service allows customers to have their eligible medications three or more pre-sorted into convenient pill packets, which will then be delivered straight to their door. This updated offering continues the service from PillPackcom acquired by Amazon in 2018, but introduces new savings and a simplified sign of process. Each PillPack is organized and labeled by date and time, making it easier for individuals to adhere to their prescribed routines without the hassle of multiple pill bottles. I don't think any of us like that. Plus, customers can enjoy fast, free delivery right to their homes. I wanted to mention this as part of this week's buzz because, while perhaps it's not directly relevant to you as an e-com seller or service provider, this new service from Amazon Pharmacy could open avenues for partnership or product integration, especially if you offer health-related products. Later down the road, by keeping an eye on how the service evolves, perhaps you'll be able to identify opportunities to align your offerings with Amazon's growing healthcare initiatives. Shivali Patel: What else we also have? Amazon introducing new smart carrier options for sellers using FBA and Amazon Warehousing and Distribution, known as AWD, giving sellers more choice and flexibility when sending inventory to the Amazon network. Available through the Amazon Partner Carrier Program, these options allow sellers to choose their preferred partner carrier and transport method based on dynamic freight-ready dates and cost estimates. This update aims to help sellers like you and I optimize our logistics and expenses, and these new features are integrated into step four of both the send to Amazon workflow and send to Amazon warehousing and distribution workflow. That is a tongue twister when you're trying to say it all in one sentence For less than truckload and full truckload shipments. The Amazon partner carrier program, known for offering reliable shipping services, includes small parcel delivery, LTL, FTL and intermodal shipment options, with savings of up to 25% lower compared to alternatives. So sellers can benefit from lower costs, while those delivering to AWD received additional discounts of 25% on storage and 15% on processing and transportation. I hope that you guys can see this as a valuable opportunity to streamline your inventory management and reduce costs, improving efficiency. Shivali Patel: Okay, then, we have a significant legal development. Four Amazon Marketplace sellers have filed a class action lawsuit against Walmart, seeking $5 million in damages. The lawsuit alleges that Walmart has enabled organized retail crime and racketeering through its third-party vendors by not sufficiently vetting its Marketplace sellers. The complaint filed on September 17th, as written here in US District Court for the District of Delaware, claims that certain third-party sellers on Walmart's platform are engaging in fraudulent practices, buying and reselling products from Amazon vendors in a sophisticated scheme. This practice harms legitimate sellers and allows Walmart to profit from the fees that it collects from these sellers. So I think that this case really underscores the ongoing challenges in maintaining marketplace integrity and the responsibilities of platforms and managing selling ecosystems. So I hope that you're able to recognize, with this case, the importance of just being transparent and ethical in your business practices. It's vital that you guys keep up with the guidelines that these platforms have, and this way you can really protect your brand but also contribute to a healthier marketplace overall. Walmart has until October 10th to respond to a summons that was issued on September 19th and in their statement they indicated they're reviewing the complaint. So, regardless of the outcome, the lawsuit serves as a reminder of the potential risks and the need for the platform to maintain a robust vetting process. Shivali Patel: Reporting hot from channel x. Starting on October 30th 2024, we also have amazon updating the seller fulfilled returns policies for heavy and bulky items in Germany, France, Italy and Spain stores. This aligns with changes already implemented in the UK since August of 2024, and heavy and bulky items are defined as those that weigh over 31.5 kg or have a longest side exceeding 175 centimeters when packed. Sellers will now be required to offer a prepaid return label and home collection service for these returns, along with issuing refunds to customers, while the responsibility for covering return shipping costs remains unchanged. The refund amount will depend on the return reason and timeline, in line with Amazon's existing returns policy. So the introduction of home collection for heavy and bulky item returns aims to provide a consistent returns experience for customers across all those stores. As the service is already available for FBA and seller flex returns, amazon recommends that we review our carrier contracts to ensure that home collection is included and make any sort of necessary updates. Shivali Patel: As a seller, you may want to offer partial refunds or part replacements as an alternative to home collection, provided that it's shared the tracking ID of the replacement part with the customer and that you close out the return request with the reason code return request canceled. To avoid A to Z guarantee claims or impacts on order defect rates, sellers must authorize or deny return requests within 48 hours where the auto is not auto authorized. You also have these additional things to keep in mind, but as you can see here, you can just pause the screen and have a read. Otherwise you can reference this channel X article. I'd love to know do you guys think this will help reduce unnecessary customer claims and improve seller performance across amazon's European stores? Let me know in the chat. We do have just a few more things here. Shivali Patel: It's been a packed week of news as the e-commerce industry continues to expand. Concerns about packaging waste have come to the forefront, prompting amazon to take significant steps towards sustainability. And, in response to the mounting pressure from environmental groups and regulatory bodies, amazon's introduced various recyclable packaging initiatives, one of those being the Frustration-Free Packaging Initiative, designed to ship products in easy-to-open, recyclable packaging, often eliminating the need for additional boxes. Since its launch, amazon reports having removed over 1.5 million tons of waste. I mean that is impressive and it shows a tangible effort for them to reduce waste. Amazon has shifted towards recyclable materials, introducing paper-based mailers that can be easily recycled, curbside, and this shift is part of Amazon's broader commitment to achieve net zero carbon emissions by 2040. As a seller, you can adopt sustainable packaging practices to align with Amazon's initiatives, but also appeal to eco-conscious consumers who prioritize environmental responsibility. Shivali Patel: Up next, we have an article directly from Amazon. According to Amazon's press center, digital Domain, a leader in visual effects and virtual human technology, has announced a collaboration with Amazon Web Services, AWS, to migrate its autonomous virtual human AVH technology to the cloud. This partnership aims to expand the reach and capabilities of AVH technology across industries such as entertainment, gaming, healthcare, hospitality and commercial applications, leveraging AWS's advanced cloud infrastructure, including Amazon's Bedrock for high-performing foundation models, amazon Polly, amongst others, for voice enhancements and for facial recognition. Digital domain is really poised to enhance real-time interaction with virtual humans. Aws's robust security and compliance features will also ensure the integrity and scalability of the AVH platform. This collaboration represents a significant milestone for digital domain following the success of Zoe in 2022. And, with the support of AWS and its cloud infrastructure, I think it's really going to offer AVH technology greater speed, efficiency and global accessibility in many sectors. Shivali Patel: This collaboration does offer potential relevancy for Amazon sellers, particularly in enhancing customer engagement and support For sellers who operate in industries such as e-com, hospitality or any customer-facing business. Integrating virtual human technology can revolutionize how we interact with customers, and so Amazon sellers can really leverage AVH technology for real-time, ai-driven customer interactions, offering personalized and immersive experiences similar to virtual concierge services. This can help improve the efficiency, manage inquiries, provide product recommendations, offer after-sales support. Even so, by utilizing this advanced technology, we can really, as sellers, go in and enhance our brand experiences, boost customer satisfaction and stay competitive in this growing market where AI and machine learning are really taking on a very pivotal role in customer interaction. Lastly, I figured you guys could also appreciate some fun news how many of you have ever watched Shark Tank and how many of you have seen the new trailer for Amazon Prime videos, buy it Now, hosted by JB Smoove? Shivali Patel: The Verge reports that in this unique competition, you're going to have contestants having the opportunity to present their product ideas to a panel of investors and an audience known as the 100, representing potential customers. If a contestant's product is well-received, it's going to be featured in a new section of the Amazon store called Buy it Now. The panel actually includes celebrity guests like Gwyneth Paltrow, Jamie Siminoff, who's the CEO of Door.com, serving as the resident judge, and others. Each episode features a $20,000 prize for one contestant, adding an exciting incentive to the competition. Viewers can access the buy it now store via a QR code shown during the episodes, allowing them to purchase featured products directly. The first three episodes will premiere on October 30th, with a total of 13 episodes airing weekly until January 8th of 2025. Additionally, a companion podcast this is Small Business Behind the Buy will be available starting the day after the show's launch. This initiative not only engages viewers, but also aims to drive sales on Amazon, showcasing products with greater transparency about their origins, their names, their brand story, and creating buzz and excitement around new product launches as the holiday shopping season approaches. Shivali Patel: With that. That is it for this week's news. And, by the way while I didn't mention it, since Bradley's already talked about this in a previous episode Amazon's Prime Big Deals Day sale is also coming up on October 8th and 9th. So I hope that you guys are all squared away to rank at the top of all the keywords you hope to generate sales from. In case you're not, let's just run through one strategy that you can use to capitalize during this time. Let me show you how you can find keywords where your competitors are outranking you. Let's say you're ranked on one of the lower pages, like pages four, five or even just the bottom of page one. Sure, customers searching for niche specific items like coffin shelves underneath the keyword gothic decor may ignore irrelevant results and focus only on the similar products. But also, most people don't even really scroll to page two, which is a clear indicator of why you would want to pay attention to the keywords where your direct competitors might be outperforming you and where you may want to tweak your strategy if you care to be listed at the top half of page one, where all that traffic is. Here's how You're going to want to pay attention to your relative rank against competitors. You can find this metric inside of Cerebro, which is our reverse ASIN keyword research tool, and you are going to begin by putting in a multi-ASIN search. So find a bunch of the Amazon standard identification numbers inside of your niche and go ahead and click get keywords. Shivali Patel: The second thing you're going to do is set a minimum for search volume. I went ahead and inputted in 300. Now the product I'm looking at is actually this automatic chicken water cup. In doing so, I can now filter out those keywords that don't have a lot of search volume associated. There's no right or wrong number for search volume. You can put in something that you feel is good for your niche. The next thing I'll do is input in a relative rank. I went ahead and added in three for minimum, and this is telling me that and this is basically saying that I'm at least number three amongst my competitors. Then go ahead and input in anything else you want and click apply filters. I actually added in a minimum for word count as well as the phrases containing chicken, because I was seeing some additional terms here. Shivali Patel: In doing so, I had a output of 38 filtered keywords and you guys can scroll all the way over to the right hand side and check out the relative rank. If you hover over the number for relative rank, it's actually going to showcase to you where you are stacked up next to your competitors as well as what ranking you are at. For example, for this particular keyword, which is automatic chicken watering system, you can see that our relative rank is position number six compared to our competitors. This means that your product ranks sixth in relative rank for this keyword, and this is the sort of thing that can help you identify keywords where competitors are ahead and make adjustments like increasing sponsored ad spend to improve your ranking, or adding that keyword to your title to rank a lot faster, to prepare for a day like Prime big deals day, or even just put in a CPR campaign into motion where you're selling those products at a discounted rate to rank. Happy sales, you guys.
Ring founder Jamie Siminoff joins Guy on the Advice Line, where they answer questions from three founders about balancing short- and long-term goals. Today, we meet Vico, an industrial designer in southern California who's launching a crowdfunding campaign for his patented ergonomic desk. Then Iyin, a Baltimore-based product specialist seeking to balance accessibility and profitability for her ethically-sourced chocolate brand. And Franchesca, an Atlanta area educator deliberating whether to pursue small-business certifications for her motivational classroom posters.If you'd like to be featured on a future Advice Line episode, leave us a one-minute message that tells us about your business and a specific question you'd like answered. Send a voice memo to hibt@id.wondery.com or call 1-800-433-1298.And be sure to listen to Ring's founding story as told by Jamie on the show in 2020.This episode was produced by Carla Esteves with music by Ramtin Arablouei. It was edited by John Isabella. Our audio engineer was Neal Rauch.You can follow HIBT on X & Instagram and sign up for Guy's free newsletter at guyraz.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Liz Hamren has been CEO of Amazon's Ring business for almost a year, as the successor in the role to Ring founder Jamie Siminoff. Hamren previously held technology and business leadership positions at companies including Dropcam, Microsoft, Oculus, and Discord, and was involved in product launches including Xbox consoles and Meta VR headsets. In addition to Ring, she leads Blink, Amazon Key, and Amazon Sidewalk in her current role. She spoke with us recently in her first public interview since becoming Ring CEO last year. With GeekWire co-founder Todd Bishop; Audio editing by Curt Milton.See omnystudio.com/listener for privacy information.
038 - September 23, 2023Rich DeMuro talks tech news, tips, gadget reviews and conducts interviews in this weekly show. Airs 11 AM - 2 PM PT on KFI AM 640 and syndicated on stations nationwide through Premiere Networks. Stream live on the iHeartRadio App or subscribe to the podcast.Follow Rich on X, Instagram, Facebook and Threads.Call 1-888-RICH-101 (1-888-742-4101) to join in!RichOnTech.tvRich mentioned that the iPhone 15 is now available. Amazon announced that Alexa is getting a healthy dose of AI and they have new products and services including Eye Gaze, slimmer Echo Frames with longer battery life, a Fire TV Stick 4K Max 2nd gen which will feature ambient mode, AI art and the eero Max 7. If you want to try the new Alexa AI experience you can soon say “Alexa, let's chat” to a supported smart speaker.One big new feature is called Alexa Emergency Assist, which will let you use your voice to call for help in an emergency situation using an Echo device.Gloria in Pacoima is having trouble with Visible service.Jefferson Graham of PhotoWalks.TV will share his thoughts on the iPhone 15 cameras.Daniel in Reseda, CA asks if there's a video doorbell with local storage. Rich says to check out the Blink camera. Kelly sent in this anti-theft device.Rich talked about new features in tvOS 17 that bring FaceTime to the Apple TV and the ability to find a lost remote using your iPhone.Steven in San Diego says you can get a signal booster to help with cellular calls at home. Rich says to also make sure WiFi calling is turned on for your smartphone and you can check cellular coverage maps using sites like OpenSignal and CoverageMap.Joe in Glendora is trying to find a way to get his pictures off of an old Wolverine device.Jamie Siminoff, Ring founder and now Chief “Doorman” at Door.com talked about his new venture and the James App.Linda in Anaheim says FaceTime group calls are activating on her iPhone without her initiating them.You can now take a depression and anxiety assessment in the Health App on iOS 17.Greg in Des Moines wants to know if he should upgrade his Samsung Flip 3 to the Flip 5 or even the iPhone for better accessibility features.Amazon Prime Video will start showing ads in 2024 unless you pay an additional $3 a month.Uber Eats will accept SNAP payment in 2024.Vanessa in Great Falls, Montana wants to know how to set up a Windows laptop for her grandkids so it's safe. Rich recommends Microsoft Family Safety controls for Windows. For Mac and iPhone it's ScreenTime and for Android it's Family Link. You can also use a third party app like Bark.New in Watch OS 10, Smart Stack, five new watch faces and more!John Faulkner, Road Test Editor at Clean Fleet Report will discuss the Ford Mach E.Microsoft is building AI tools called CoPilot into Windows 11 with an update coming September 26.MyHeritage has an AI feature called PhotoDater which can estimate the date an old photo was taken.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Founder of Ring and now CEO of door.com Jamie Siminoff joins Michael Calhoun talking about the new tech company moving headquarters to Olivette.
Jamie Siminoff founder of Ring talked with KMOX's Michael Calhoun about a tech company that he will be CEO of and brining the headquarters to St. Louis. © CHRISTOPHER WALKER/TIMES RECORD NEWS
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Orlando Bravo is a Founder and Managing Partner of Thoma Bravo. He led Thoma Bravo's early entry into software buyouts and built the firm into one of the top private equity firms in the world. Tobi Lütke is the CEO and Co-Founder of Shopify, the powerhouse company allowing anyone to start and grow their e-commerce business. Dara Khosrowshahi is the CEO of Uber, where he has managed the company's business in more than 70 countries around the world since 2017. Parker Conrad is the Founder & CEO @ Rippling, the company that lets you easily manage your employees' payroll, benefits, expenses, devices, apps & more—in one place. Jamie Siminoff is the Founder and Chief Inventor @ Ring, with Ring Jamie, created the world's first Wi-Fi video doorbell while working in his garage in 2011. The company sold to Amazon for $1BN. Martín Escobari is Co-President, Managing Director and Head of General Atlantic's business in Latin America. Martín is Chairman of the firm's Investment Committee and also serves on the Management and Portfolio Committees. Ariel Cohen is the Co-Founder and CEO @ Navan (formerly TripActions), the #1 travel management super-app used by over 8,000 companies. Tarek Mansour is the Founder and CEO @ Kalshi, the first regulated exchange where you can trade directly on the outcome of events. Brian Armstrong is the Co-Founder and CEO @ Coinbase, the easiest place to buy and sell cryptocurrency. Over the last 10 years, Brian has led Coinbase to today, a public company with over 3,500 employees and revenues of over $7.5BN in 2021. Question of the Day: What are the world's tech leaders running from?
We start this week's show with a conversation about Latch, the company that is acquiring Jamie Siminoff's stealth startup. Siminoff, who also founded Ring, left Amazon (which had acquired Ring in 2018) this week ahead of the planned deal. He will become the CEO of Latch after the deal closes. Then we discuss Google I/O … Continue reading Episode 423: Why Wemo is a no go for us The post Episode 423: Why Wemo is a no go for us appeared first on IoT Podcast - Internet of Things.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Jamie Siminoff is the Founder and Chief Inventor @ Ring, with Ring Jamie, created the world's first Wi-Fi video doorbell while working in his garage in 2011. Since Ring's launch in 2013, Ring has helped make thousands of neighborhoods safer all around the world. As part of the journey, Jamie raised over $385M from the likes of True Ventures, Felicis, First Round, CRV, Upfront and more. In 2018, Amazon acquired Ring for a reported $1BN. Prior to Ring, Jamie founded several successful ventures including PhoneTag, the world's first voicemail-to-text company, and Unsubscribe.com, a service that helped email users clean commercial email from their inboxes. He successfully sold both companies in 2009 and 2011 respectively. In Today's Episode with Jamie Siminoff We Discuss: 1.) From Creating the First Wi-Fi Doorbell to $BN Acquisition: When was the moment Jamie realized he had to create the world's first Wi-Fi-enabled doorbell? How di Richard Branson come to be an investor in Ring? What was the process? How does Jamie advise other founders when it comes to the question of whether it is valuable having business moguls as investors in their business? 2.) Crucible Moments: From Lawsuits and Near-Death to $22M in Sales in a Day: When Jamie hears the words "near-death experience" what is the moment in the Ring journey that comes to mind? How did Jamie get through a crippling lawsuit and come out selling $22M in 24 hours on QVC? How did Jamie feel when he placed a $500M order with manufacturers when he only had $100M? What does Jamie believe was the hardest phase of the business? 3.) Jamie Siminoff: The Leader: Why does Jamie want to hire marathon runners? Why does the analogy make for good hires? Does Jamie start from a position of trust with new hires and it is there to be built or start with no trust and it is there to be gained? Does Jamie believe he is a tolerant leader? What does he mean when he says, "I want to see the dirt under your fingernails"? Why does Jamie believe that building a brand is like making great wine? Why does Jamie really hate customer surveys? What should be done instead? 4.) Selling for $1BN to Amazon: How did the Amazon acquisition come to be? How did the discussion go? Why did Jamie decide then was the right time? When you sell for a $1BN, does the cash hit your account soon? When did Jamie actually receive the money? How did he feel when he saw it is in his account? What does Jamie believe Ring did so well to make the acquisition a success? What did Amazon do well to ensure Ring was integrated most effectively? What are 1-2 of the biggest lessons Jamie has learned from being within Amazon?
Live from Web Summit 2020 in Lisbon, Nora speaks with Jamie Siminoff, founder, CEO and chief inventor for Ring, the home security company behind the video doorbell. Jame talks about how he started Ring in his garage, along with the challenges of reinventing a product and how his perspective as an industry outsider turned out to be an asset. For more info on our presenting sponsor, check out https://purple.com. Host: Nora Ali Producer: Raymond Luu Video Editors: Sebastian Vega Production, Mixing & Sound Design: Daniel Markus & Rosemary Minkler Music: Daniel Markus & Breakmaster Cylinder Fact Checker: Kate Brandt Senior Producer: Katherine Milsop Full transcripts for all Business Casual episodes available at https://businesscasual.fm
Business is filled with highs and lows, especially when you're building a company from the ground up. How I Built This with Guy Raz explores the stories of some of the best known brands in the world and the entrepreneurs behind them. Each week, Guy talks with founders about the journey to where they are today ...the triumphs, setbacks, outright failures and everything in between. He's spoken with the founders of Coinbase, Moderna, Discord, Strava and many more from your favorite companies. This episode tells the story of Ring founder Jamie Siminoff. You may know Ring for its high-tech video doorbells, or you may know that the company was acquired by Amazon in 2018 for more than $1 billion, but do you know about Jamie's once-in-a-lifetime opportunity to showcase his product on ABC's Shark Tank?Follow How I Built This with Guy Raz on Amazon Music, Apple Podcasts or wherever you get your podcasts. You can listen one week early on Amazon Music or early and ad-free by subscribing to Wondery Plus in Apple Podcasts or the Wondery app: http://wondery.fm/BW_HIBTSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Check out our sponsors: Athletic Greens: Go to https://athleticgreens.com/lisa and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase!Blinkist: Go to https://blinkist.com/woi Try it FREE for 7 days and save 25% off your new subscription. You may have heard this advice at some point in your life, “don't listen to what people say, watch what they do.” Nonverbal communication can be more authentic and transparent than the things we verbally communicate. Vanessa Van Edwards, behavioral investigator, reminds us that nonverbal communication and cues can also send the wrong message if a person is nervous or anxious. In her latest book, Cues: Master the Secret Language of Charismatic Communication, Vanessa explores over 90 cues that will help you become more effective in your communication efforts and perceptive to areas that require more attention or follow through.Check out Vanessa Van Edwards new book, Cues: https://amzn.to/3leaa1j Don't miss Vanessa's last episode with Lisa, “Are They Lying to You”: https://youtu.be/LkOEShBS6hQ SHOW NOTES:Blindsided Cues | When you're missing cues being shown while focused on your delivery [0:44]4 Kinds of Cues | Vanessa shares four cues: nonverbal, verbal, vocal, and imagery[2:29]Imagery Cues | Vanessa explains how to use them to get your message across effectively [3:14]Goals of Cues | Trying to assess warmth and competence to speed up your connection [8:10]Listening Cues | Vanessa shares why watching people listen is more telling of their cues [10:00]Warmth Cues | Why trust and reliability are important cues and the power of a slow nod [13:15]Danger Zone Cues | How to spot danger zone cues and handle it when you see them [17:12]Lip Purse Cue | Vanessa explains why lip pursing is a red fag and how to address it [18:33]Lower Lid Flex | Vanessa describes why this cue that can be positive or negative [22:06]Question Inflection | Vanessa explains why vocal inflection clues you to deception & lies [24:14]Shark Tank Case Study | Vanessa shares cue insights on Jamie Siminoff's pitch [28:02]4 Space Zone | Vanessa breaks down how to use the 4 space zones to your advantage [32:58]Fronting Position | Vanessa explains the importance body, toe, and seating position [37:30]Context & Clusters | Vanessa shares why context matters and cues cannot be isolated [42:25]Contempt | Vanessa explains why contempt is the #1 cue to get wrong [46:26]QUOTES:“If you can cue someone for your warmth and competence, right off the bat, it actually speeds up your connection.” [8:45]“When someone's listening, they're not rehearsing anymore. They're off the clock, and their brain is much more focused on you.” [11:49]“If you are smart, you might run into this problem where people underestimate you and your ideas, because you're not delivering them with the right competence and warmth.” [32:47]“If someone is angled away, and they're just giving you head attention, their body and their feet are looking somewhere else. They are not fully engaged with you.” [41:29]“Contempt is the number one cue people get wrong.” [47:43]Follow Vanessa Van Edwards:Website: https://www.scienceofpeople.com/ YouTube: https://www.youtube.com/c/VanessaVanEdwardsYT/featured Twitter: https://twitter.com/vvanedwards Instagram: https://www.instagram.com/vvanedwards/ Facebook: https://www.facebook.com/vvanedwards/
Tech is currently reckoning with its role in the real world, and what happens when our digital and physical lives collide. Jamie Siminoff, the founder and CEO of Ring, has been thinking about that for a decade. Ring has spent the last few years trying to figure out how to balance privacy and safety, what it takes to make people feel comfortable putting tech in their homes (or with the tech their neighbors may have installed), and what it means to be a good citizen. After some high-profile issues and a lot of scrutiny about its policies, Siminoff and Ring have spent the last couple of years rethinking all of their ideas.Ring recently announced a number of new products, including the Alarm Pro security system that includes internet backup and a smart-home hub, and the Always Home Cam, a drone designed to fly around your house and keep an eye on things. Those products represent some of Ring's most ambitious work yet, as it tries to both define and refine what home security means.Siminoff joined the Source Code podcast to discuss Ring's new products, how his thinking on security and privacy have evolved, why a drone might actually be less intrusive than your average security camera, and what it took for Ring to force all its users to turn on two-factor authentication. Oh, and why it's so hard for a computer to tell the difference between a dog and an intruder.For more on the topics discussed in this episode:Jamie Siminoff on TwitterRing Always Home Cam, an Indoor Flying CameraRing Alarm ProWe Tested Ring's Security. It's Awful — ViceAt Ring's R&D Team, Security Gaps and Rookie Engineers — The InformationRing's Services Have Not Been Compromised – Here's What You Need to Know — RingHow Public Safety Agencies Use Neighbors — RingA Dad Is Suing Amazon's Ring Because He Says A Hacker Terrified His Kids — BuzzFeedFor all the links and stories, head to Source Code's homepage.
Jamie Siminoff is the CEO and founder of Ring, the world's first Wi-Fi video doorbell. Since Ring's launch in 2013, Ring has helped millions of neighbors create a Ring of Security around their homes and has made an impact on thousands of neighborhood incidents. In 2018, Amazon acquired Ring for a sum estimated to be over $1 billion, and with the support of Amazon, Jamie and Ring continue to innovate and remain at the cutting edge of home security.
Jamie Siminoff is the CEO and founder of Ring, the world's first Wi-Fi video doorbell. Since Ring's launch in 2013, Ring has helped millions of neighbors create a Ring of Security around their homes and has made an impact on thousands of neighborhood incidents. In 2018, Amazon acquired Ring for a sum estimated to be over $1 billion, and with the support of Amazon, Jamie and Ring continue to innovate and remain at the cutting edge of home security.
In our weekly edition of What it do? What it do? Wednesdays We will discuss Ring creator Jamie Siminoff Listen to more episodes at www.thelifextimesoferic.com
On innovation and taking a chance on yourself. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
We chat with Jamie Siminoff, inventor of Ring, and Eric Feder, Managing General Partner of LENx (Lennar’s innovation and venture capital investing arm), about the benefits of integrating technology in the home.
Broke and rejected, this inventor (of something you probably own) went from something he thought was bad luck to being the best luck. SOURCES: https://www.entrepreneur.com/video/345406 Subscribe or follow on social media to get your weekly Encourage Minute: www.HeidiRew.com https://www.instagram.com/heidirew https://www.facebook.com/theencourageminute SOUND DESIGN: James Younger
My guest on today's show is Jamie Siminoff, the founder of Ring. Jamie is the start up world's tinkerer-in-chief — a true inventor who first stumbled upon the idea for a smart, video-enabled doorbell because he wanted to communicate with delivery drivers while he was down in his garage. The journey from that moment — to a famous $1 billion acquisition by Amazon — is fascinating: full of ups and downs, near death experiences, luck and graft and even an appearance on Shark Tank. In this episode, Jamie tells us about the moment a random glitch very nearly destroyed everything he'd worked for, why celebrating is not always that helpful, and why you shouldn't listen to any of his advice (or anyone else's).
The post E1129: Ring Founder Jamie Siminoff on launching the Always Home Cam – an autonomous indoor drone, taking his company from bad reviews to a billion-dollar acquisition by Amazon & more appeared first on This Week In Startups.
The post E1129: Ring Founder Jamie Siminoff on launching the Always Home Cam – an autonomous indoor drone, taking his company from bad reviews to a billion-dollar acquisition by Amazon & more appeared first on This Week In Startups.
Craig discusses a new home security device from Ring. The always-on home cam -- get this... it is a drone. Then he talks about Elon Musk and his 25,000 Completely Autonomous Tesla he will have in 3 years. Plus, you better think twice, or three times before paying that ransom to get your data back. For more tech tips, news, and updates, visit - CraigPeterson.com --- Right To Repair Or A Fight For Survival? Ring’s latest security camera is a drone that flies around inside your house Malware Attacks Declined But Became More Evasive in Q2 Elon Musk reveals plans to slash electric battery costs, build $25,000 Tesla Paying ransomware demands could land you in hot water with the feds Windows 10 machines running on ARM will be able to emulate x64 apps soon 'It Won't Happen to Me': Employee Apathy Prevails Despite Greater Cybersecurity Awareness Rise in Remote MacOS Workers Driving Cybersecurity 'Rethink' A Guide to the NIST Cybersecurity Framework --- Automated Machine-Generated Transcript: You've been looking for a home security system. We've talked about a few of them on the show before. Right now we're going to be talking about a completely different approach to home security and what Ring's latest camera is all about. Hi everybody. Craig Peterson here. Thanks for joining me. Okay. Ring has been around for a while. As I recall Ring was purchased, two, three years ago by our friends over at Amazon. They have some interesting security stuff and they've certainly had their fair share or share of computer problems, security problems here over the years who hasn't, right? This is what's being called a true ambitious new home security device. This thing is really cool. It sits there. It just, it says Ring on the front. it's just a little square almost. The device has got rounded corners, so looks very nice. And it's got a little light button on it. One of those little Rings, which is always cool, but it's called the always home cam. And this thing reminds me a little bit of a movie that I've enjoyed many times called Tron from way back when. You might even remember these flying T things, although they had two legs on them and they flew around, that's what this Ring looks like. It is an autonomous and manual little Quadrocopter, and it is designed where all of the blades are completely hidden if you will. So they're not going to run into anything. They're not going to hurt anything or anyone and hanging beneath these four enclosed blades is a thing like a pack of gum. You remember the old packs of gum, the long thin ones. That's it looks like underneath these four blades. So the idea is you pay them 250 bucks and you plug this thing in, you're going to have to configure it obviously, but it is this little, I guess a Quadrocopters, how I describe it that sits in its charging base. Now, when it's in the charging base, it's the tail, the long downward part of the T that sits completely immersed in the charging base. So this charging Base goes all the way up around the base of the Quadrocopter. And it's just the blades that are exposed on top. What it has on that is a camera. I imagine it probably also has a microphone. It doesn't say, but it has a little camera. So when it's in the dark it's charging and that camera is not active. Even if it was it wouldn't be able to see anything. But what's really cool about this thing is that it can provide you with viewpoints throughout your house. You don't need multiple cameras anymore. The Rings founder's name is Jamie Siminoff. And he's also the chief inventor said that Ring has spent the last two years called focused on the development of the device. And that it is an obvious product that is very hard to build. And thanks to advancements in drone technology. Ring pulled it off. They're not available yet. It's called the "always home cam." So I'm keeping an eye out for this thing. It is quite cool. It, you can program it what path to take, where it can go. When you first get it, you build a little map of your home for it to follow. And it asks you for specific viewpoints, such as the kitchen or the bedroom, and the drone can be commanded to fly on-demand or programmed to fly when a disturbance is detected. So you might have a Ring alarm system you in that might include a window opening sensor door, opening sensor. So this little drone can fly up in the air. When it detects someone trying to break in and off it goes, isn't that cool? The drum makes an audible noise when it's flying. Of course, it's small and it's got all these little blades for little blades. So it's obvious when footage is being recorded. I'm looking at a picture of her right now. It's very cool. Indoor only it's got high Def Ten-Eighty P video. It only records when it's in flight, the propellors are enclosed and integrates with the Ring alarm. So if you are a Ring fan, Check it out. If you're looking for home security, it is not a bad thing. If you are a business, do not buy Ring. Okay. Because there are real security problems with some of these devices. They are not certified for use in any business that has any federal contacts. In the near future, it's all being disallowed. So just keep that in mind as well. If you're looking to buy security stuff. Also the cheap security stuff we have found backdoors in. Chinese spies that they're just getting in and they are messing around. So be careful of the Panda out there that is the bottom line. Now we were talking about Teslas earlier, autonomous cars, electric cars. I got to add this. I was thinking about it as we were talking, but Elon Musk announced just about two weeks ago some amazingly aggressive plans. He has built a big battery plant. You probably know about that. I think that was in New Mexico or Nevada. I can't remember. Might be in Nevada. His whole goal behind all of this is to just slash the costs of producing batteries. And he says, Elon Musk, that is that within three years, he's going to have a fully autonomous electric vehicle for $25,000. Isn't that absolutely amazing? Now they were expecting that he would be announcing a million-mile battery, which would be, wow! If he had a million-mile battery and a $25,000 Tesla, I would buy it. I would sell some of the other cars and buy them. They also announced a car that has over a 500-mile range. You're going to have to use one of their supercharge to get that thing charged back up again. But it's absolutely amazing. Could you imagine that a $25,000 electric vehicle battery operated to the market within three years now, the other giveaway from this, because he said it would be autonomous that means, by the way, he has a goal of an autonomous vehicle within three years? So that's another thing to consider. So the model asks the three, my daughter just bought a Tesla Model three, and she's barely used it yet, but she's absolutely loved with it. It is cool. There's no doubt. It is very cool, technology here. I got to hit this before the hour runs out and that is that paying ransomware could land you in jail. This is a fascinating article, came out in about a week ago in ARS Technica, and Dan Golden wrote this thing, but I agree with him. I have many times had to advise people not to pay ransoms for their data and most of the time I have to admit they went and they paid the ransom. Even these companies that say that they can get your data back by scripting it, breaking the encryption, et cetera. Even those companies, well, a large percent of them, not all of them, the percentage of them are actually paying the ransom behind the scenes. So you pay them 50 grand and they pay the 20 grand 40 grand ransom and they make a cool 10 grand right off the bat. Right now. I've got to also mention that there are a couple of websites out there that are dedicated to helping you break the encryption on ransomware. If you do have your data ransomed, now I'm talking about its encrypted and they say, if you want to ever see it again, you pay us. That's different than having ransomware to actually extortion saying, we stole all of your data. Then we encrypted it. And unless you pay this extortion money, not only are you not going to get your data recovered on your computers, but we are going to release everything that we stole, which is your client lists, on and on. We're going to release that to the worldwide internet. Most companies say, Oh no, don't do that. we'll pay, we'll pay. I can understand that. Statistics I've seen right now, I think it's a little less than 50% of companies are paying the ransoms. Now, part of the reason when I say not to pay the ransoms is you, don't want to encourage these guys. They are stealing your data. You have your intellectual property that you have spent a lifetime building, right? Or a career building it's not something that really they should be having access to and you don't want to encourage them. One of the things that these bad guys have found. Is, if they can get you to pay a ransom today, they can get you to pay a ransom in a couple of weeks. So they'll try and hit you again because it takes most companies a while. And to bring in security managed security company like mine takes a while to get everything locked down. Usually what we'll do in that case, is we'll come in, just lock the heck down then try and restore them from backup. Hopefully, their backups are good. I got to say 80% of the time, the companies that think they have backups do not have good backups and it can't all be restored. Plus the time it takes to restore them, you got to factor all of this in. Treasury Department officials said in an official advisory published last Thursday that these bad guys are part of as designated sanctioned nexus, which means you are paying a ransom to an organized criminal or to a blocked person list. There prohibited lists, Cuba, Iran, North Korea, other countries that it is forbidden for you to do business with. So guess what ends up happening then if you pay ransoms law enforcement officials can now charge you. The treasury department, says they're going to. So keep an eye out for that. Make sure you stick around because we'll be back here after the top of the hour. Check out my website, Craig peterson.com. There's a whole lot of information there as well for you. And we're going to talk about the future of computers and it has nothing to do with Intel, nothing to do with AMD, at least the way it looks right now. So stick around and we'll tell you about upgrading your Windows machine or your Mac because it's all changing. You're listening to Craig Peterson. Stick around. --- More stories and tech updates at: www.craigpeterson.com Don't miss an episode from Craig. Subscribe and give us a rating: www.craigpeterson.com/itunes Follow me on Twitter for the latest in tech at: www.twitter.com/craigpeterson For questions, call or text: 855-385-5553
Inventor and entrepreneur, Jamie Siminoff joins James to discuss the unconventional path he took to build his dream company. While working in his garage in 2011, Jamie created the first Wi-Fi video doorbell known as DoorBot, which has since transformed into the billion-dollar company, Ring and was acquired by Amazon in 2018. Through the ups and downs of his career, Jamie learned that the key to greatness is hard work and a true passion for your craft. Stay up to date with what James has going on by following him on Instagram: @Jamesbondst Follow Ring on Instagram: @ring Follow Big Spark Studios on Instagram: @Bigsparkstudios ----- Blinds.com! Go RIGHT NOW and see how much you can SAVE at Blinds.com. When you checkout online, don’t forget to tell them you heard about Blinds.com from our show! Rules and restrictions may apply. https://www.blinds.com/
Jamie Siminoff tried many ideas and failed. One time by accident, he stumbled on the idea for a WIFI Video doorbell. It was tough to survive, but he doggedly persisted and finally sold his company for a whopping $1.2billion. Let us see how he did it…
Episode 27 with Henry & Dylan.Checkout today's POD CLUB EPISODE:Ring: Jamie Siminoff | HOW I BUILT THIS WITH GUY RAZDishin' out Smart Nonsense about:Jamie Siminoff: The man behind the billion-dollar company, RINGWhy You NEED To DabbleSuccess is a LOTTERY: What are your chances of winning?Here's the full Show Notes.Watch Henry's last YouTube video.Read Dylan's last blog post.
Jamie Siminoff spent much of his twenties and thirties as a serial entrepreneur, launching three tech businesses you've probably never heard of. When he finally landed on a breakthrough idea, he didn't realize it at first; he was just trying to solve his own frustration of not being able to hear the doorbell while tinkering in his garage. His jerry-rigged solution evolved into Ring—a doorbell with a camera and microphone that connects to a smart-phone app. After a nail-biting appearance on Shark Tank and a nearly disastrous launch, Jamie was able to rebrand and grow the business, eventually selling to Amazon for roughly $1 billion.
Is your new product Invention Idea worthy of a SharkTank TV success? If so, here are just a few of the many lessons to help you pave the path. FACT: If you have ever heard of new product pitches on Shark Tank over the years, I’m guessing you’ve noticed that most are rejected because they lack what the "Sharks" consider to be viable products for the market. Shark Tank venture capitalists Mark Cuban, Kevin Harrington, Lori Greiner, Daymond John, Kevin O' Leary, and Barbara Corcoran fund new product ideas based mainly on commercial product viability. Of course, there are those pitches (like Jamie Siminoff’s Wi-Fi doorbell) that have failed to immediately secure deals on Shark Tank. The good news is they didn’t stop with their new product when they heard…we’re not interested. In fact, several of those who did their pitch on SharkTank have learned how to fail forward, refine their strategy to determine commercial market viability and have moved on and become 7 figure and even 8 figure companies. To help you better understand how to prepare your new product for commercial market viability, here are some 4 key lessons learned about getting products to market from Inventors who have succeeded in getting funding from the “Sharks”. Lesson 1: Have a unique and competitive advantage In other words, this is your opportunity to create an amazing product with significant VALUE and BENEFITS to surpass your competition and fulfill your target market needs. Sharks aren't interested in great ideas. You must think "outside the box" and come up with a product that has a significant advantage over existing competition in the market. Your new product idea needs to be unique, novel and provide significant value and benefits to your target market. In regards to Goldenseed's example, they displayed product differentiation, a unique and competitive advantage to grow the brand incredibly fast with a solid business infrastructure and a large target market. You need something unique about your product to create significant interest and repeat business. Here are a few examples: Product Differentiation: Provide something different to the consumer besides just a low price. The key is to provide VALUE and unique BENEFITS to your target market. Competitive Advantage: Provide unique benefits and value of your new product so it is perceived by the target market as significant and superior to the competition. It’s the WHY of your brand loyalty and WHY we prefer one product over another. Lesson 2: Have a talented and knowledgeable resource support team Your team is critical when you are starting out with a new product concept. For your idea to be transformed to a success story, you must identify and align with the most effective resources including. These resources can be in the form of your own internal team and external resources such as 1099 contractors, vendors, coaches and mentors. Shark Tank’s venture Capitalist Kevin Harrington is on record, stating that strong management and a knowledgeable resource team were some of the main reasons he invested in Goldenseed – a cannabis and hemp company. Despite having received many pitches from other Hemp and CBD companies in the past, he never invested in any of these companies because... they lacked strong teams. Lesson 3: Have a solid business strategy and infrastructure Kevin Harrington also invested in Goldenseed because the company had a legendary network, business strategy and a solid infrastructure of California growers in place. Besides having facilities and permits needed to be among the largest growers in CA, Goldenseed also had the best hemp and CBD processing facility in America. The company was well prepared with the capacity to grow and evolve. Even if you don't have an established company in place yet, you need to at least think about how you'll do business even before you start. Lesson 4: Don’t give up when rejected You should also be ready to learn from rejection. New Product Pitches have a low success rate if you don't know how to effectively position your idea in a way that causes them to say, “Oh, Tell me More!”. We've seen classic cases of pitches that were rejected by sharks like Jamie Siminoff's Wi-Fi doorbell but became huge successes because the ideas were refined and realigned to fit the target market needs. These scenarios and other similar ones highlight the fact that a great product idea can be rejected by venture capitalists and buyers simply because of not being prepared and lack of product viability. If you can’t prove market viability, get back to work and do more research. Remember, how you determine product viability could be the difference between the success or failure of your new product journey. Preparation and understanding how to navigate the process of acquiring this information is key and critical to your potential for success. These are just a few of the many lessons, tips and strategies to help you navigate a new product idea to get it from Mind to Market. We look for these attributes in our new product development clients and mentor them to help effectively narrow the gap from mind to market, and then pave the path to profit. Learn how to evaluate your new product viability for the market. Click HERE to schedule a complimentary inventor strategy call.
Back in 2013, an entrepreneur named Jamie Siminoff appeared on Shark Tank. He was seeking an investment in a new product he was calling Doorbot, a smart doorbell that would make answering the door more convenient and users’ lives “more connected.” Six years later, Doorbot is now Ring, an Amazon-owned home-security system that partners with more than 600 police departments around the country. How did Doorbot become Ring? And what are the consequences of placing surveillance cameras on front doors around the country? Guest: Caroline Haskins, technology reporter at Buzzfeed. Learn more about your ad choices. Visit megaphone.fm/adchoices
Back in 2013, an entrepreneur named Jamie Siminoff appeared on Shark Tank. He was seeking an investment in a new product he was calling Doorbot, a smart doorbell that would make answering the door more convenient and users’ lives “more connected.” Six years later, Doorbot is now Ring, an Amazon-owned home-security system that partners with more than 600 police departments around the country. How did Doorbot become Ring? And what are the consequences of placing surveillance cameras on front doors around the country? Guest: Caroline Haskins, technology reporter at Buzzfeed. Learn more about your ad choices. Visit megaphone.fm/adchoices
If Then | News on technology, Silicon Valley, politics, and tech policy
Back in 2013, an entrepreneur named Jamie Siminoff appeared on Shark Tank. He was seeking an investment in a new product he was calling Doorbot, a smart doorbell that would make answering the door more convenient and users’ lives “more connected.” Six years later, Doorbot is now Ring, an Amazon-owned home-security system that partners with more than 600 police departments around the country. How did Doorbot become Ring? And what are the consequences of placing surveillance cameras on front doors around the country? Guest: Caroline Haskins, technology reporter at Buzzfeed. Learn more about your ad choices. Visit megaphone.fm/adchoices
Amazon introduced 80 new products Wednesday for the holidays. What's the one show-stopper that got people excited? We asked 3 Amazon execs for their personal picks, Dave Limp, Jamie Siminoff and Nick Weaver. Listen to their verdicts on #TalkingTech.
More with our Talking Tech interview with Ring Chief Inventor Jamie Siminoff about how the Ring video doorbell has helped curb crime.
Welcome to Episode 91 of The VentureFizz Podcast, the flagship podcast from the leading authority for jobs & careers in the tech industry. For this episode of our podcast, I interviewed Debi Kleiman, Executive Director at Babson College's Arthur M. Blank Center for Entrepreneurship. When you think of places that encourage and foster entrepreneurship, few places top Babson College. In fact, Babson has been ranked the #1 school for entrepreneurship by U.S. News & World Report for more than two decades. Lots of very successful entrepreneurs have graduated from both Babson's undergraduate and MBA programs. For example, the name behind Babson's center for entrepreneurship. Arthur M. Blank is the co-founder of The Home Depot and the owner of the Atlanta Falcons. Another notable alum is Jamie Siminoff, the founder of Ring, which was acquired by Amazon for $1B last year. In this episode of our podcast, we cover lots of topics, like: -Debi's childhood dream of becoming a late night TV talk show host. -A journey through her career including her experience in marketing roles in the CPG industry and executive positions at C Space and MITX. -What brought Debi to Babson, all the details about her role there. -A deep dive into the entrepreneurial environment and programs that Babson offers its students -Advice on what people should be thinking about when starting a business. -Advice on crafting a pitch. -Plus, a lot more. Did you know that our job board has over 4,000 positions listed with the hottest companies across the Boston tech scene? There are jobs across all levels of experience and across all functional areas like engineering, product management, marketing, sales, and more. Don't put your career on hold, go to venturefizz.com/jobs today to start searching. Lastly, if you like the show, please remember to subscribe to and review us on iTunes, or your podcast player of choice!
On the one year anniversary of Amazon acquiring the Ring video doorbell company for $1 billion, founder Jamie Siminoff recounts the mating between the two companies on #TalkingTech.
Back in 2013, Jamie Siminoff was the founder and chief inventor of a struggling video doorbell company, pinning all the startup’s hopes on his appearance on the television show Shark Tank. He walked out empty handed, as all five sharks went out, but five years later, he sold the company, now known as Ring, to Amazon for a reported $1 billion. On this episode of Numbers Geek, we continue our look at the numbers behind Shark Tank with the story of what was almost certainly the biggest miss in the show's history. Our guest is Jamie Siminoff, CEO of Ring.
$30 million. That number will forever be associated with our guest on this week's Numbers Geek podcast, Arum Kang, co-founder and co-CEO of Coffee Meets Bagel. She turned down a $30 million acquisition offer from Mark Cuban for the online dating company that she founded with her two sisters. It was, at the time, the larger offer in the show's history. So what happened after Shark Tank? On this episode of the Numbers Geek, we get the rest of the story from Arum Kang, a Harvard MBA grad and the co-CEO of Coffee Meets Bagel, the online dating company that she founded with her sisters. In a world of swiping right or left, and judging people by appearances, their approach is to focus on quality rather than quantity of connections. We'll talk about that mission, and we'll look at the underlying data in the United States to understand how trends in the country are making this quest even more challenging and important. This is the first of two Shark Tank-themed episodes of Numbers Geek. Later this week, we'll feature an interview with Jamie Siminoff, the CEO of smart doorbell maker Ring, who walked away from Shark Tank empty handed but later sold the company to Amazon for a reported $1 billion. For more Numbers Geek episodes, go to geekwire.com/numbersgeek. See interactive graphics, charts and more at usafacts.org.
Have you heard of Ring? Well they make some pretty cool video doorbells. But today we are going to tell you about some things they did not get right. Bitcoin is in the news but so is Russia. We are going to talk about how huge this is and what Russia is up to. And we have to talk about Alexa? Did you know there are 100 million of them out there? We will talk about what that means. We've got these huge corporate websites and not just any website getting hit but other sites hacking going on an unprecedented scale. Did you get a Smart TV for the holidays? Did you ever stop to think why was it so affordable? Well, we will discuss spying and your privacy as it relates to you TV. These and more tech tips, news, and updates visit - CraigPeterson.com --- Transcript: Below is a rush transcript of this segment, it might contain errors. Airing date: 01/19/2019 New Privacy Concerns with Ring Doorbell Camera, Smart TVs Collecting Your Data, Rumors about new Russian Bitcoin Craig Peterson: 0:00 Hey everybody. I love this beat. This is Craig Peterson. This is show number 990. Isn't that just amazing? We get right down to it. That's a lot of weeks because 990 is one per week. Okay, we're not talking about these guys that are doing dailies, although I have done dailies, that's not part of this. That means we are a matter of what a couple of months out from show number 1000. Wow. That's a lot of show. So anyways, welcome everybody. Hope you're having a good day and hope you like this bumper music. I don't know I kind of like this. It was between this and a kind of a Beatles-ey type rock song. I really like them, right? These songs I think you got to choose it's got to be whoever the host is that decides that But I'd love to hear from you too. And what you think I I think Sheryll who does most of our show transcriptions might not like having a lot of music in the background. But I'm kind of liking this, I don't know, I never played the guitar. I played a lot of instruments over the years, you know, back when I was a kid, right? I kind of stopped when I had a family That's really nice. It's got a nice beat to it. Anyhow, we're going to talk about tech as we always do. And of course, a lot of that tech has to do with security, as it always does. And we've had a few shows this year so far. But it's been a busy year. And I haven't really been trying to keep up on all the latest latest latest stuff. So that's what this week is all about. And I want to start by talking about some of this Bitcoin stuff because I think this is absolutely huge, and what Russia is doing, and this is going to drive up the price of bitcoin. We've got now 100 million Alexa devices that have been sold. So what's next for us out there after they've got 100 million of them? What does that mean to us? We've got this huge corporate website and not just website but other sites hacking going on an unprecedented scale. So what's happening there? What does it mean to your business? Do you think your websites been acting strangely, maybe this has been going on, particularly if it's been acting badly, the top tech trends of 2019 according to the tech experts out there. And the simple reason, by the way, if you got a new Smart TV for the holidays, why was it so affordable? Well, you will believe this, I think, hey, it's kind of scary, frankly. And if you've been worried about your TV spying on you, while Ben Gilbert from Business Insider has some news for you, and we'll start out with Amazon's Ring. Now, this is a pretty cool device. In fact, my wife wants one of these for our house. And I've thought a lot about it that the Ring started with just kind of a doorbell with a built-in security camera. You've probably seen these before, right and you can have the strangers come up to your door and ring the doorbell and that I think the commercial shows someone on a beach in an in a tropical area and just sitting there answering the door on their phone and seeing who it is and what's going on which is really cool. But this article from the Intercept is talking about excuse me talk Rings frankly abysmal privacy practices. And there have been a number of reports about that in the news over the last little while, but they've got cameras all around. Now it's not just the doorbell. These devices are providing high definition feeds from all around the house. We're talking about the doorbells, but also in garages and on bookshelves. And it's not just for keeping tabs on your home while you're away. But a lot of people are using them kind of like nanny cams to find out also when their kids are home when they get home from school, that they bring some friends with them. Maybe some friends, Mom and Dad don't like it. There's all kinds of things are used for neighborhood watches. People are putting together boards where all of the cameras in their neighborhood are on one website you can go to, and you can see what's happening in the neighborhood. You know, that can be really good. I know my wife helped to found a kind of a neighborhood watch thing here in our neighborhood. And everyone kind of keeps tabs on what's going on. And the founder of Ring his name is, or she I'm not sure, Jamie Siminoff, he said that our mission to reduce crime and neighborhoods has been at the core of everything we do at Ring. And you know, that marketing message has really hit with consumers. Frankly, they got a $1 billion acquisition from Amazon, who now owns Ring. And that's kind of nice if you have the Alexa as we mentioned a little bit earlier, 100 million of them out there right now. So that that Ring device ties into all of that. So despite this mission that they have talked about to keep people a d their property secure, the company's treatment of video feeds has been anything but secure. And this is according to people who have been talking to the Intercept to say they're pretty darn familiar with what's going on. According to one source, starting in 2016, Ring provided its Ukraine based research and development team, virtually unfettered access to a folder on Amazon S3 cloud storage that contained every video created by every Ring camera everywhere around the world. Now, this is just if this is true, this is just an enormous invasion of privacy. And we're talking about a list of highly sensitive files and could be browsed and viewed by these developers over in Ukraine, you know, could be wonderful people. But if it's out there on S3, if there are any security lapses, we know Ukraine got hit really badly last year, or actually a little more than a year ago now with some malware, some ransomware that was aimed specifically at Ukraine and companies, what's going on here? Well, apparently these files are also not just on S3, but they were left unencrypted. And they said that was it because of the expense of implementing encryption and lost revenue opportunities. Because of restricted access and you know, all the excuses you can think of. Now, you might be familiar with Uber's God Mode. We talked about it here on the show before Uber, of course, that ride-sharing service where people are taking their vehicles and are driving the streets and picking up strangers for money, right. It's not what mom said not to do when we were a kid. But Uber had this God Mode that let anyone in the company basically look at every ride that was currently occurring, where everyone was, who was getting a ride, they were watching celebrities. And just crazy what Uber was doing. This is vaguely familiar of that, isn't it? And in fact, I think it's kind of worse because now you've got the video. So who knows, right? reporters, competitors, email addresses, all of these people could view all of their cameras. That's all they needed in order to get at the data. And apparently, there were instances of Ring engineers teaching each other about who they brought home after romantic dates. In other words, they were watching each other as well. So this is something we have to be careful of. We know about some of the risks that we've heard for years, about nanny cams, baby cams being hacked. And believe me, they are. If you bought yourself a camera system for your office, and your little bit worried about it well, if you bought it, and it was just one of these lower-end camera systems that most of these video surveillance companies sell. Or if you bought it at Harbor Freight or the local big box door, almost all of those are a very high percentage. And I've seen numbers as high as 90% of them have been hacked by the Chinese, very hackable, let me put it that way by the Chinese and many of them have been hacked. And we have done that we've seen that we have come into a business who was having security problems, they thought maybe there were security problems, they thought maybe there were viruses on their machines. So they brought us in, we checked, Of course, the word viruses on their machines, but what did they come from, they were being hacked from the camera system that was installed. Some cases one case it was installed by a professional firm, but you know, people don't want to pay money for the good stuff from Cisco or some of these other resellers that really check this and keep tabs on this and so that's what happens so you know, it's going to happen. If you're using these types of devices hopefully like in the case of Ring, you've got Amazon buying them and Amazon kind of whip you into shape so I think it's important to keep that in mind. Right. Ring very big company they paid a billion dollars for it. You think they do a little bit better than that, don't you? Well, let's talk about TVs now. Smart TVs. You know smart TVs, have been all the rage. I who was I was at my one of my brother's houses, I think it was. Oh, it was my mom's house and they had just bought a smart TV over the holidays and they had set it up and I had to help them reconfigure some things because they just didn't have it configured right. And it was kind of interesting to ask some questions of her and her Smart TV because it has all of these features on it. She's got it hooked up to the internet so she can stream Hulu and Amazon and she can stream her CBC stuff that she wants to stream from Canada when she is down in the US. She was completely oblivious to the potential problems here but here's another one to add to your list and to seriously complain when you are going to buy a smart TV about these things spying on you right because you have a right to be upset It doesn't say anywhere on the label that they're spying on you but Have you wondered why that smart TV was so cheap right they remember how much they used to be Why are they cheap well here's a great story Ben Gilbert over the Business Insider and of course all of these articles I've mentioned today including the ones I'm going into more detail on are available at my website http://CraigPeterson.com hopefully you are a member of my insiders email and you got an email comes out every Saturday morning if you're not subscribed, just go to http://CraigPeterson.com/subscribe. You'll get all of this and more when there are big hacks or big things happening in the news that I think are worth you knowing about. And kind of jumping on top of I will let you know, and I let you know via that email list. So you will see these articles right there. You just click on the links, I'll take you right to my website. But here's what Business Insider had to say. The vast majority of televisions available today are smart TVs. We knew that right? You go into any store. That's what you see that they have internet connections, and they aren't connected to the internet. Sometimes it's via wireless because the Wi-Fi in our homes has gotten so good and sometimes as via hardwire, but they've gotten internet connections. I've got advertisement placement as part of the TV where the TV recognizes that maybe the channel you're watching has a commercial coming on right now. So the TV overlays a commercial or to overlay it in the corner. They also have streaming services built into them. So despite the all of this added functionality, think about what that all costs to put together right there. They aren't Roku that aren't making the hardware and then selling streaming services. They aren't Apple TV who is selling new or the Apple TVs set-top box and also making the real money off of streaming services, right. They're not a fire stick where Amazon can give it to you at a great discounted price. Because Amazon selling new video content, right. All of that stuff just plain adds up. We have to seriously consider what business these people are in. You know, you can go out right now you can buy a 65 inch 4K Smart TV with HDR capability for less than 500 bucks. That's a massive piece of technology. It's going to last you for years. Are you kidding 4K? I don't have 4K my house. My TV is half the size of this one. Right? How can you get it for that cheap? Well, there is a caveat. Some manufacturers that are selling these TVs are making their money on the back end. Now we understand the back end with your fire stick, you understand the back end with your Apple TV or your Roku because they're all making money off of the streaming. But how about the TV set? Well the TV manufacturer may also have deals with these you know Australian providers so that they get a little bit of a cut in the action just like you buy a Windows PCs especially if you buy it retail you know if you get a Windows PC from us it's going to be clean but these retail machines that you buy come pre-loaded with all kinds of crapware. Right? Right? They've got Norton Antivirus or Symantec can have viruses tho those are going to do you any good. And they've gone to these games that you can play, they've got all of this stuff that you can have, if only you pay them money, right. So you get a free 30-day trial or something. But you know, you have to go through all the trouble taking the software off of your machines. So they make an extra 10 bucks per machine. It's estimated by putting all that junk on your machine before you buy it. So how are the TV manufacturers going to make that extra money? Well, they are collecting data like the types of show you watch which ads you're watching when you're flipping channels, right? The eyeballs, that's what they want to know, and your approximate physical location. And we talked before on the show about how some of these people manufacturers are actually even using cameras to figure out who's watching the TV. Now, there is an interview on The Verge. They have a podcast, and they had Vizio chief technology officer on there. I think his name's Bill Baxter, and Vizio is a big TV company. I have one of their TVs. And he was talking about how this technology works. And he said this is a cutthroat industry. This is a direct quote. I've found it here. It's a 6% margin industry. The group greater strategy is I really don't need to make money off the TV. I need to cover my costs. So more specifically, companies like the Vizio, V-I-Z-I-O, don't need to make money from every TV they sell because they're making money on the back end. So there's the answer you can tell your friends if they're wondering why those TVs or smart TVs are so cheap now you know the answer. And we're going to talk about Russia here right now and the whole Bitcoin thing. Now we just had a Canadian sentenced to death over in China and we know that two Chinese executives we had, Huawei executives and that made the news was arrested in Vancouver, Canada when she was changing airplanes there. And another Huawei executive with just arrested last week as well I think that was in South Korea but I don't remember and Huawei courses in trouble I heard just I think it was the last couple of days that Huawei is up on some criminal charges, which you normally don't see for Corporation. But it's a real problem. Why was there a warrant for that Huawei executive to be arrested that caused her to be arrested in Vancouver? Well, there was a warrant because the United States is accused, Huawei of violence, this sanctions against Iran. So Canada honored that warrant and arrested her and you know, the aftermath is still kind of kind of me trying to figure out there. So what does this all mean? Why did I bring this up? And when I'm mentioning Russia? Well, there are also sanctions against Russia. And there is a lot of fake news out there as well. Right? But the big fake news started with was Dan Rather, right, who was who made up completely made up this story about George Bush, President Bush and his lack of service and what he did in the Texas National Guard, completely fabricated, right. And then he lost his job over the whole thing and got defensive about it, and you know, it, it was the wrong thing to do. And that was really, really the beginning of the fake news that we have today. So fake news. We've been seeing I'm going to put this up on my website. Hopefully, that'll be up by the time the show's over here. We got my people working on it, but hopefully what we find is that this is fake news as well. So here's what's been going on. If you listen to me before, you know I am not a fan of cryptocurrencies, not because of the fact that cryptocurrencies can help you maintain a degree of anonymity And believe me, it's only degree people can be tracked down, they have been tracked down and they have been arrested, okay, criminals doing evil things with Bitcoin. Now, there's nothing wrong with Bitcoin or these other things, you know, cryptocurrencies, as far as you're using them for legal purposes. And of course, if you make a profit in selling any of these cryptocurrencies, you have to report that to the Internal Revenue Service, right? Pretty straightforward, pretty simple. Well, how does this tie into Russia and Iran and China? Here's how it ties in. There's rumors that Russia is looking to buy bitcoin and the rumors are that it's going to invest about $10 billion in Bitcoin. Now, this is an economist that's saying that the guy's name is Vladislav Ginko, and we'll see what happens because he's saying hey, this could start as early as February 2019. Well, first thing why would Russia buy bitcoin? Well, according to this economist Russia wants to get away from the US dollar as being the world's currency and when you buy and sell oil it's always done in US dollars right so he's saying that we've got our wonderful president or prime minister the president of Russia Putin over there saying hey listen we want to get away from the US dollar so let's make Bitcoin be the reserve currency for the world now uh. How would that be something? What do you think that would do the price of bitcoin? Bitcoin that struggling to get back up to $4,000. Remember it at one point in some markets it was as much as $40,000 but generally speaking was about 18,000, 20,000 at its peak. So it's a lost a lot as have pretty much every other cryptocurrency and these initial coin offerings that were happening every day, last year, they're pretty much dead now. Because the cryptocurrency boom has faded. It's faded in a very big way. So what do you think that starting a rumor that Russia was going to put $10 billion into bitcoin? What do you think that would do to the value of Bitcoin? So we're looking at this saying, okay, maybe that's legitimate. We've got the Trump administration, adding some more Russians to the list of sanction entities that US companies and persons cannot trade with. And the sanctions, of course, are this aggressive stance that the Trump administration has had against Russia, although Trump's been colluding with Russia. So he, you know, the Trump administration has been much tougher on Russia than any previous modern administration. So maybe they would, maybe they wouldn't, but I'm looking at all of this same, you know, maybe really, what we're looking at here is not that Russia is looking to buy bitcoin, and maybe they are, maybe they've considered it, but no one except Ginko was saying that they're seriously considering that is this another fake news and that may be what it is if it's not fake news I don't know maybe Bitcoin to be something to put money into this is not investment advice you know I've never bought any of this stuff I don't want any of this stuff because it's it's frankly way too volatile but I thought I'd bring it up because it's an interesting angle and from what I've been able to tell online doing research on all of these various cryptocurrency websites this is not a legitimate story well we were not going to have time to get to all of the articles today. As I mentioned before you can get them by just going to my website at http://CraigPeterson.com. Read my newsletter that hopefully you get every week my little insider newsletter letter and you get that by going to http://CraigPeterson.com/subscribe. And hey I want to shout out here and a big thanks to everybody who's left comments we got a few comments on my podcast the more of those we get you know the more coverage we get the more people that are going to hear about the podcast well I've been doing this for a very long time huge labor of love here for everybody I really am trying to help you out so please share but also leave a comment go to http://CraigPeterson.com/iTunes. http://CraigPeterson.com/iTunes and that'll take you to a place where you can subscribe right there on iTunes. They are the 800-pound gorilla. I would really love it if you subscribe there because that's where the numbers come from. that the show is rated on and leave some five-star comments. Hopefully, I've earned five stars from you. But do it right there. subscribe and leave a comment. I so appreciate it. http://CraigPeter son.com/iTunes. Okay, so we got a couple more minutes. Let's talk about the biggest tech trends of 2019. This is a FastCompany article FastCompany still seems to be a pretty good magazine, I have a subscription to it. And I enjoy a lot of the articles. But they're saying that this might be more of a quiet year, 2019 more about laying the groundwork than any historic breakthroughs. And what is the groundwork? Well, number one, the growth of AI. Artificial intelligence is really going to grow. It's frankly, most of its still really machine learning. But IBM is actually now selling quantum computers, how's that for amazing? And these things are going to change the whole world of cryptology for prediction for weather, a prediction for earthquakes at a kind of everything. Okay, so that's kind of rolling out right now. I think they've only sold one of those quantum computers. They had one on the floor at CES this year, and they may be putting more of them out there. We're also going to see technology that is really going to kind of blur some of the boundaries between what's real and what's synthetic. When it comes to the reporting you're reading. You might have noticed this already articles that the English kinda is terrible in right? Have you noticed that? So we're gonna have more synthetic media This year, we're going to have more ethical questions. As we have these autonomous vehicles rolling out an AI rolling out. Consumers may start adopting some more these are you know AR glasses, really, we'll see what happened. 5G is going to really start rolling out this year, it's going to start showing up in some phones, we're going to have new user interfaces available because of the virtual reality an augmented reality, we're going to see more on the wireless side, you might have heard me a few months ago, talking about how Wi-Fi is about to change again, we're going to seem more the slow death of cable TV is has become to be known. It's going to move over to frankly, our wireless devices, voice platforms, you know, you've seen Alexa, Google Home rise up, we've seen Siri kind of plod along but that's going to be improving as well. So keep an eye on your mailbox. You should have gotten an email from me this week. yesterday. Yeah, Friday. And I made a note of it too, in this morning's newsletter. I have something going on right now. This is my first in a series of special reports. It's absolutely free. All you do is make sure you are on my email list and you can sign up for but this is why you should not be buying some of this so-called insurance for identity theft and what you can do for free. So I'm writing that absolutely free. I have a special I actually have like four or five special surprise bonuses that are part of that everything there is for free. And if you want to attend some of my master classes, there's information about all of that there. So check your email for an email from me@CraigPeterson.com and have a great week. Take care, everybody. Bye-bye. --- Related articles: Airdrop Assaults On The Rise As Criminals Cyber Flash Strangers Are Your Holiday Gifts Safe? Apple Watch Can Now Detect Your Irregular Heart Rhythms And Other Problems: Here’s How It Works Facebook Never Really Cared About Connecting The WorldHow To Stop Apps From Tracking Your Location --- More stories and tech updates at: www.craigpeterson.com Don't miss an episode from Craig. Subscribe and give us a rating: www.craigpeterson.com/itunes Follow me on Twitter for the latest in tech at: www.twitter.com/craigpeterson For questions, call or text: 855-385-5553
Home: On - a DIY home automation podcast from The Digital Media Zone
We're excited to be joined again by Ring founder Jamie Siminoff. He helps us unpack all of last month’s product news from Amazon and gives us some insight into Ring’s recent growth and success. We also dive into some of Ring’s latest products and offerings while revisiting our shared quest for more T’s. The post Home: On #111 – Helping Neighbors, with Jamie Siminoff appeared first on The Digital Media Zone.
Ring Founder Jamie Siminoff Becomes A Shark On #MoneyMonday, TIVOMIKE and Entertainment Guru discuss Ring's Founder and CEO Jamie Siminoff becoming an investor. Five years ago on ABC's Shark Tank Mr. Siminoff pitched his new invention and walked away without a deal. And within 5 years, his new invention and company gets purchased by Amazon and he is now a multi-millionaire. On the 10th season premiere of Shark Tank he returns as a Shark investor himself. Plus, The TIVOMIKE Show launches a new segment for #MoneyMonday, TIVOMIKE's 2 Cents. In this segment, TIVOMIKE offers two points for listeners to help them master their personal financial situation. On today's #2Cents, TIVOMIKE informs residents of Florida impacted by Hurricane Michael of their tax relief rights. And TIVOMIKE shares the three things to do to stop living paycheck to paycheck, forever. Listen in and be empowered to experience financial freedom. Glory!
Ring began as a humble crowdfunded project called Doorbot — a Wi-Fi-enabled video doorbell that enabled two-way communication. In 2013, it was rejected on Shark Tank. This year, the company was acquired by Amazon for over $1 billion. Nilay sat down with Ring CEO Jamie Siminoff on this week’s Vergecast to talk about joining the Amazon family of brands, the future of security in smart homes, and how Ring product owners may (or may not) work with law enforcement to make neighborhoods safer. Learn more about your ad choices. Visit megaphone.fm/adchoices
TLDR, GeekWire’s daily news rundown, is sponsored by ReachNow. Featured Stories: - Amazon unveils new brick and mortar concept — Amazon 4-star — featuring highly rated items https://bit.ly/2NJSCuz - After getting $1B from Amazon, Ring founder Jamie Siminoff gets another knock from ‘Shark Tank’ https://bit.ly/2DznYzh - Microsoft employees say goodbye to original buildings as massive campus refresh rolls on https://bit.ly/2Im8QUv TLDR is GeekWire’s news rundown on tech, business, startups and other geekiness. Hosted by Starla Sampaco. We post new episodes Mondays through Thursdays. Subscribe so you won’t miss an episode!
Jamie Siminoff, the founder of the Ring video doorbell, was rejected by the Shark Tank show before reverting to his garage and founding the business that sold for over $1 billion to Amazon in 2018. Now, he's got new products and a return to the show, this time as a Shark. Jefferson Graham catches up with him in Seattle on #TalkingTech.
Disrupt SF is set to be the biggest tech conference that TechCrunch has ever hosted. So it only makes sense that we plan an agenda fit for the occasion. That's why we're absolutely thrilled to announce that Ring's Jamie Siminoff will join us on stage for a fireside chat and Jason Mars from Clinc will be demo-ing first-of-its-kind technology on the Disrupt SF stage.
Jaspar Weir, co-founder and president of TaskUs, has been named in INC’s 30 under 30 list and has won the Ernst & Young Entrepreneur of the Year award. Today on the EO Podcast, Jaspar discusses how he and his partner went from sharing a room in Santa Monica to employing thousands and helping the top 100 tech companies scale. Tune-in to learn how Jaspar uses mentorship to grow personally and professionally, how his relationship with Bryce is like a marriage, and how TaskUs quadrupled revenue in just one year. Time Stamped Show Notes: 00:52 – Jaspar is the cofounder and president of TaskUs, founded in 2008, which is a customer care and back office support company 01:14 – Before TaskUs, Jaspar cofounded two other companies with TaskUs CEO Bryce Maddock including a social media marketing company and an events production business 01:29 – He has been named in INC’s 30 under 30 list, is a 2 time finalist for the Ernst & Young Entrepreneur of the Year award, and won it this year 01:52 – What does TaskUs do? 01:57 – We all may not have heard of TaskUs, but we’ve all probably heard from TaskUs; food delivery app/ ridesharing app customer service call example 02:14 – Phone/chat/email customer service reps from TaskUs work backend customer service, content moderation, and back office for top 100 tech companies to help them scale 02:58 – They are the modernized “call center” to develop customer care strategy 04:26 – Content moderation: When you use an app and you click “flag,” there are people that have to go through and moderate that; TaskUs does that 05:07 – Mark Moses is Jaspar’s business coach; continuous self and business improvement is a core value, they started TaskUs at 22 years old with no business degree 05:42 – The first thing they did was join EO (at 23-24 years old) to surround themselves with peers to problem-solve, they then hired a business consultant for an “MBA bootcamp” 06:09 – Over the course of the year, the consultant taught them things like how to choose core values, how to write a role scorecard, how to properly interview/hire 06:39 –The business consultant was Stephen Lynch, the COO of com at the time, they have a software that provides KPIs and they also had weekly coaching 07:19 – They learned top-grading, how to grade your team, and other basic things that you don’t learn in school 07:55 – When did they transition to using Mark Moses as a coach? 08:00 – Jaspar’s partner Bryce started working with Mark 3-4 years ago; Jaspar was being coached by Matt Auron from Evolution coaching 08:30 – Matt had suggested that he look for another coach, and he decided to go with Mark since he already understood the business 08:50 – Mark now works with people on their executive team and facilitates quarterly planning; he’s deeply involved in the business and he plays psychologist between him, Bryce, and the executive team 09:30 – He and Bryce have been partners for 14 years, they know each other very well; fights/disagreements don’t really occur like they did before because they work on their partnership like a marriage 10:21 – The relationship was harder when they weren’t winning; now they divide and conquer, are grateful for the success, drop the egos, and focus on what’s important in the business and put it first 11:20 – “Top line revenue solves all problems” 11:48 – Jaspar’s specialty/ Bryce’s specialty 11:50 – Jaspar is President and Bryce is CEO; they aren’t the traditional CEO and president 12:05 – Historically they gave sales/marketing to Jaspar and operations/finance went to Bryce 12:28 – At the end of 2016 they had 6-7,000 employees, a developed executive team, an SVP of sales, and a marketing leader 12:42 – They decided it’d be best for the executive team to be entirely under Bryce so Jaspar could focus on client development and sales; this change has been great for the business 13:03 – Bryce is a great leader/CEO and Jaspar isn’t bogged down by day-to-day management of sales/marketing; as a founder he goes out and represents TaskUs 13:26 – Everyone in the organization plays to their highest strengths and maximum degree, which makes TaskUs a better, more profitable business 13:40 – They grew 50% last year by having the right people in the right roles, including the founders 14:30 – Their partnership is unique because they have similar strengths but different personalities and styles 15:08 – The relationship is fluid; they’re constantly talking and evolving 16:00 – Bryce can do everything he can do, but Jaspar can’t do finance/operations like Bryce can 16:31 – They got $29 million in funding but they bootstrapped for 7 years until 2015; they had just finished a year of $15 million 17:10 – They went from $15 million to $54 million in the year that they raised money 17:15 – What happened that year to almost quadruple revenue? 17:17 – They had one really big client and the rest of the business doubled; they’ve always been a high growth business 17:58 – The big client came from a connection they had in Santa Monica; they had started an office poker game and one of those guys connected them to the client 19:21 – They grew with the client 20:02 – When did they start making a profit? 20:25 – It took over 3 years to be able to pay themselves out $3,000/month; they started in 2008 21:33 – How they raised $29 million 21:35 – They raised $15 million in equity from a strategic private equity company; most of their operations were in the Philippines at that point 21:55 – They get calls from investors wanting to invest because of their growth/profitability; now they turn them away 22:06 – That original minority partnership has been great; the operators of that fund built and sold a company in their space so they understand and are helpful 22:37 – The rest of the funding has been through debt financing; it has been used for operations, cash flow, and timing issues 23:30 – They build out incredible office spaces with themes 24:03 – In 2015 they spent almost $10 million in office space; they have over 8,000 employees that come into an office 24:48 – Profitability is different from cash flow 25:15 – “Growth eats cash for breakfast, lunch, and dinner;” You can be the most profitable business in the world and still run out of money 25:37 – TaskUs growth rate: 50% last year and hoping to do similar this year; they are at over $100 million in revenue 26:02 – They have over 500 employees in San Antonio and small client services offices in San Francisco, LA, Dallas, New York, and Austin; they offer a domestic support product out of San Antonio now 27:10 – How do you build an office in the Philippines? 27:33 – The real story: They lived in Bryce’s parents’ house, had a personal virtual assistant business, and were testing a dozen different countries in VA tasks 28:15 – They decided the Philippines were the best; starting in 2009 they were named the largest destination in the world for BPO (Business Process Outsourcing/ call center industry) 28:45 – They interviewed people on Skype and through placement agencies, they met a guy who said he’d open an office for them and needed $10,000 29:32 – They wired him the money and he built the 400 square foot office; they had problems early on, but the office was built and that’s how they started 30:15 – He would never do that now, but some of those earlier risky decisions panned out 31:06 – When you start your own business when you are young, you don’t know any better so you just try things 31:29 – Somehow it still worked 31:48 – How did Jaspar find the product market fit for what he has going on now? 31:58 – One key pivot: When they went from being a virtual assistant company to being a B to B enterprise solution 32:15 – Their friend’s older brother’s friend, Jamie Siminoff, the CEO of Ring, had operations in the Philippines; his company at the time was called Phone Tag, a service that did voicemail to text transcription 32:42 – Jamie asked if they could go from 5 employees to 100; they didn’t have $ but they set up a deal to get 100 computers in exchange for a good rate 33:25 – They made more money with that one contract than they had before, so they sought out more contracts like that 33:45 – They sold shifts and did work for other startups; that was the main pivot point 34:00 – Jaspar’s thoughts on A.I. 34:17 – In his industry, there are always predictions about how robots will replace jobs; they’re keeping an eye on it 34:35 – When it comes to customer service, Jaspar believes things are moving slower than we think and won’t eliminate the need for people 34:48 – A chatbot will serve as first response to understand the query or problem and offer self-service solutions 35:02 – Jaspar likes to ask people if they have had positive experiences with chatbots as consumers because the answer is usually no 35:20 – Dave likes to start with the chat option on company websites; but slackbots are usually annoying 35:42 – Jaspar never encourages their clients to lead their customers to believe that they’re chatting with a human when it’s actually a bot; over time he believes they’ll take over easy tasks so humans can focus on the emotional and more complex tasks 36:25 – What’s in store for the future? 36:47 –Money and big luxuries don’t bring him happiness, he lives the lifestyle he wants and appreciates the little things like going out for lunch 37:31 – He makes good money now and doesn’t know what he’d do with a ton more money since he’s happy with his life now 38:48 – How to get more information on TaskUs: website 38:55 – Jaspar and Bryce host a podcast on customer experience: CXYZ Podcast 39:05 – Find Jaspar on all social media outlets @jasparweir Key Points: Business coaching and consulting can make a huge impact in your business; know when to get a coach/consultant and when it’s time to advance to a new one. When working with a partner, be grateful for your success, drop the ego, focus on what’s important for the company and always put it first. Appreciate the luxuries you experience at every step of growth; more money isn’t always the answer if you’re living the lifestyle you want. Resources Mentioned: Entrepreneur's Organization – The EO Network Jaspar’s business – TaskUs Podcast - CXYZ Business Consultant – com Business Coaching – Evolution Coaching
The Ring video doorbell was just acquired by Amazon - so let's go down memory lane for a 2015 interview with Ring founder Jamie Siminoff on how he came up with the idea, on Talking Tech.
Jamie Siminoff is the Chief Inventor and Founder of Ring, the world’s first battery operated smart doorbell. An inventor by nature, Jamie launched his first business during college (Babson class of ’99), and launched a number of startups with varying success. After numerous setbacks, including famously failing to convince the investors on Shark Tank to fund DoorBot,... Read more » The post How an Inventor’s Mindset Raised Millions appeared first on Free Range.
The Ring Video Doorbell lets you answer the door from anywhere with your smartphone. Connects to your Wi-Fi network and works with iOS and Android “With Ring, homeowners have stopped burglars and package thieves, kept an eye on their property when they’re not home, and communicated with family members and visitors at their doorstep. Continuously inventing is core to the execution of our mission ‘to reduce crime in neighborhoods’ and today’s launch of the second generation Ring Video Doorbell is evidence of that.” Removable, rechargeable battery pack (charged through micro-USB port; micro-USB cable included with purchase) 1080p HD video Two-way audio Connects to existing doorbell (8-24VAC) 180-degree horizontal motion detection angle 160-degree field of view Compatible with 802.11 b/g/n (2.4GHz) Improved night vision Lifetime purchase protection Familiar, sleek design Interchangeable faceplates “Over 1 million users, who we call ‘Ring Neighbors’, trust our innovative and industry-first security products to reduce neighborhood crime in a meaningful way,” said Ring founder Jamie Siminoff in a press release.
The Sunday Times’ tech correspondent Danny Fortson brings on Jamie Siminoff, founder of Ring, the video doorbell company, to talk about about getting rejected on national television (2:00), turning failure into funding (4:00), putting his email address on every box (11:00), being lambasted by "nasty" British customers (12:15), following the James Dyson model (14:00), doing 24 hours on the home shopping television, (17:00), starting ten other companies (19:00), getting his first outside money (21:45), spending $1m to buy the ‘ring.com’ domain (26:15), luring Sir Richard Branson as an investor (32:45), being sued by a giant rival (34:45), showing up at customers’ houses (38:00), and shipping a faulty product that nearly bankrupted him (39:45). See acast.com/privacy for privacy and opt-out information.
The Ring Video doorbell has now been rung over 1 billion times. Ring inventor Jamie Siminoff talks about the milestone on #TalkingTech with Jefferson Graham.
This week Michael sits down with Ring inventor and CEO Jamie Siminoff to talk Sharktank, Richard Branson, and the future of keeping neighborhoods safe.
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.
This week we talk with Jamie Siminoff, CEO of Ring. Over two years ago, Jamie went on Shark Tank. Mark Cuban and others passed, and since then they've probably regretted it as Jamie and his team have gone on to define one of the fastest growing categories in the smart home: the video doorbell. We talk about those early days, how VC's have largely missed on some of the fastest growing categories in smart home by looking for "platforms" and how Ring has found success by focusing on doing one thing really well. Find out more about Ring and Jamie at www.ring.com Find more Smart Home Shows at www.thesmarthomeshow.com Follow Mike on Twitter at www.twitter.com/michaelwolf http://knit.audio/podcast-advertising (via Knit)
Jamie Siminoff took a big risk and upgraded the DoorBot brand to Ring (and Ring.com) in 2014 and sales really took off. In this interview, Siminoff provides advice to other startup founders on the power of a great brand, tactics for negotiation, and how much to pay for a premium domain name.