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Jeff Kofman is an Emmy-winning reporter, war correspondent and Founder of Trint, the automated speech-to-text technology. Jeff joins Elliot to talk about his 30 years reporting some of the biggest stories of our times and how he's turned a long-standing frustration into an international business.
You might think running a startup is tough. But it pales in significance when compared to today's guest who used to be a war correspondent. But what does it take to turn someone from a job like that into an entrepreneur?Jeffrey Kofman is an Emmy award-winning journalist and now the CEO and founder of Trint, a speech-to-text platform that aims to solve the colossal problem of transcribing for audio, video and text productions. Believe us when we say it's a hassle. It's now grown into something much more, as you'll hear about in the episode. Given what is going on in Ukraine at present, this is a fascinating job to learn about- how do you get into it? What does it take? How has the job of war journalism changed with technology over the years?Jimmy even learns a thing or two about interview technique!In this episode we discuss:Jumping from being an Emmy award war correspondent to being a startup founder.Where did the name Trint come from?How to raise capital and being a non-stereotypical founder.Why Trint is more than just transcription.What does the future of the job of a Journalist look like?How can writers get in front of the right people?Why podcasts are an antidote to superficial media.His thoughts on Ukraine and how technology is transforming journalism.Does he miss being a reporter?What's the one thing he wishes he could tell himself when he first founded Trint?Jeff's interview tips for Jimmy.The best content Jeffrey has consumed that he found impactful.
Today's guest is an incredible example of why it's never too late to pivot careers. For 30 years, Jeff Kofman was a journalist, winning an Emmy award for his coverage of the Arab Spring.During his journalism career, he:Travelled to over 50 countriesLived in South America for 10 yearsWas first on the scene during the Chilean miners' crisisCreated a nature documentary on the Galapagos IslandsWorked in multiple war zones, including during the Iraq war Then in 2014, he decided to leave TV journalism. While wondering what to do next, serendipity took hold and he spotted an opportunity to solve a problem he'd experienced throughout his life as a reporter. The insight led to him found Trint, the technology business of which he's now the CEO.We had a fascinating chat during which, we discussed:- Pivoting from a lifelong journalism career to start-up founder- Spotting opportunities to solve a problem you experience yourself- How working in war zones gives you perspective- Why live TV teaches you not to bluff in business- The importance of not second-guessing yourself as an entrepreneur- Why telling stories is a valuable life skill- The value of pushing yourself out of your comfort zone- Finding ways to release stress and stay healthyLINKS:Trint's websiteJeff's LinkedIn profileFuture Work/Life newsletterFuture Work/Life websiteWork/Life Flywheel: Harness the work revolution and reimagine your career without fear See acast.com/privacy for privacy and opt-out information.
“What's really thrilling about our solution is that it's so easy to use. It does exactly what you want it to, and that's the best way to sell.” In today's 1:12 episode of The Radio Free Enterprise Minute, Jeff Kofman, CEO of Trint, gives much of the credit for the rapid growth of his company to the effectiveness of the product itself. Learn more about Jeff Kofman and Trint: https://trint.com/
Episode SummaryHow many Emmy-award winning journalists working in war zones in the Middle East do you know who go on to become startup CEO of a hot new media company? That's Jeff Kofman, the guy who got fed up spending hours transcribing interviews while on assignment and thought, there has to be a better way. And there is, and he calls it Trint. In this episode of The Sydcast, Jeff shares his story of what it took to go from one world to an entirely new one, and some of the adventures he encountered along the way.Syd Finkelstein Syd Finkelstein is the Steven Roth Professor of Management at the Tuck School of Business at Dartmouth College. He holds a Master's degree from the London School of Economics and a Ph.D. from Columbia University. Professor Finkelstein has published 25 books and 90 articles, including the bestsellers Why Smart Executives Fail and Superbosses: How Exceptional Leaders Master the Flow of Talent, which LinkedIn Chairman Reid Hoffman calls the “leadership guide for the Networked Age.” He is also a Fellow of the Academy of Management, a consultant and speaker to leading companies around the world, and a top 25 on the Global Thinkers 50 list of top management gurus. Professor Finkelstein's research and consulting work often relies on in-depth and personal interviews with hundreds of people, an experience that led him to create and host his own podcast, The Sydcast, to uncover and share the stories of all sorts of fascinating people in business, sports, entertainment, politics, academia, and everyday life. Jeff KofmanJeff Kofman, CEO and founder of Trint, is a tech entrepreneur with an unusual backstory. As an Emmy award-winning network television news foreign correspondent and war correspondent with ABC, CBS and CBC News he spent more than three decades reporting from around the world. Jeff has covered many of the biggest stories of our time including the Iraq War, the Arab Spring, Hurricane Katrina, the Gulf Oil Spill and the Chile Mine Rescue. He's won an Edward R. Murrow Award, a duPont Award and two Emmys, including one for his coverage of the fall of Muammar Gadhafi in Libya in 2011. Insights from this episode:Difficulties Jeff faced with transcription and wasted time that led to him creating Trint, the problems the company set out to solve, and what sets Trint apart from the competition.Benefits of being a new company in a new category of technology and software.What it takes to be a successful start-up including maintaining focus, providing solutions people want, and being sustainable and repeatable.Details on why being a journalist was good preparation for being an entrepreneur.How to communicate with your employees to achieve common goal-setting and create a positive work-environment. Quotes from the show:“I think that people sometimes confuse AI as the end product, AI is a means to an end.” – Jeff Kofman“We live in an era that I call the Voice Economy. The 20th Century was text driven, today we live in a voice-driven economy.” – Jeff KofmanOn entrepreneurship: “It is more creative than I ever imagined. It is harder than I ever imagined. And it is more fun than I ever imagined.” – Jeff Kofman“All of us are in the business of storytelling, that's called living.” – Syd Finkelstein“I think that the innovation opportunities in this field are pretty limitless, people need to be able to turn around content efficiently and get it out to multiple platforms and integrate it into traditional products.” – Jeff Kofman“It's very interesting when it comes to timing, many people forget that when they look back at the success of a company.” – Syd Finkelstein“A start-up has to have an actual business model that's sustainable; if it's not a sustainable business, it's not a business.” – Jeff Kofman“You have to be really comfortable admitting what you don't know … you have to be really humble about knowledge.” – Jeff KofmanOn being a journalist: “You become incredibly resourceful, you understand what's achievable and what's not, and you do it.” – Jeff Kofman“It's oppressive to think about how hard life is for some people.” – Jeff KofmanResources:The Tipping Point: How Little Things Can Make a Big Difference by Malcolm GladwellBenedict's Newsletter Stay Connected: Syd FinkelsteinWebsite: http://thesydcast.comLinkedIn: Sydney FinkelsteinTwitter: @sydfinkelsteinFacebook: The SydcastInstagram: The Sydcast Jeff KofmanWebsite: trint.comTwitter: @JeffreyKofmanSubscribe to our podcast + download each episode on Stitcher, iTunes, and Spotify. This episode was produced and managed by Podcast Laundry (www.podcastlaundry.com)
Jeff Kofman, CEO and founder of Trint, is a tech entrepreneur with an unusual backstory. As an Emmy award-winning network television news foreign correspondent and war correspondent with ABC, CBS and CBC News he spent more than three decades reporting from around the world. Jeff has covered many of the biggest stories of our time including the Iraq War, the Arab Spring, Hurricane Katrina, the Gulf Oil Spill and the Chile Mine Rescue. He's won an Edward R. Murrow Award, a duPont Award and two Emmys, including one for his coverage of the fall of Muammar Gadhafi in Libya in 2011. “make sure that your idea really is a sustainable business. I think it's the most simple advice and it's really important to say yeah but who is going to pay for it? And why would they pay? …I think first of all does the world need it? I think that's a question you need to ask. Is this a nice to have or a need to have?... I think the does the world need this question is a really important one. You could argue with a gamer for example does the world need a game? No but the next question is, does the world won't this and want it enough to pay for it in a monetizable sustainable scalable way? And I think that's the second question you have got to answer… You really need to answer the first and you absolutely must answer the second ”…[Listen for More] Click Here for Show Notes To Listen or to Get the Show Notes go to https://wp.me/p6Tf4b-7Ev
[0:48] - What need does Trint solve beyond transcription? [2:45] - How does Trint differ from other transcription services? [6:14] - How did you go from being a war journalist to becoming an entrepreneur? [14:49] - What have you learned as a war correspondent that you were able to use to become the entrepreneur and CEO you are today? [21:09] - What advice would you give someone starting a company who has little experience in entrepreneurship and/or are starting this late in their life? [29:02] - How did you determine the average sale price of your platform given it is more than just transcription? [33:41] - What are some of the mistakes you made and what advice would you give others? [37:13] - Given your background in journalism and interviewing, what have you found to work for good interview questions - that allow you to get to the heart of someone's motivation? Links:TrintBook Recommendations:Shackleton's way - Lessons in Leadership
The Sunday Times’ tech correspondent Danny Fortson brings on Jeff Kofman, founder of Trint, to talk about creating a transcription startup (4:30), solving the problem (7:30), what to do when others start giving it away for free (8:45), why competition isn't a bad thing (11:00), the history of speech-to-text (18:00), how being a journalist trained him to be an entrepreneur (20:50), how digital shifted to the front foot (23:30), being terrified by rivals (28:50), expanding beyond his first idea (31:30), lettuce (34:50), raising $10 million (35:50), and his worst day of work (37:50). Support this show http://supporter.acast.com/dannyinthevalley. See acast.com/privacy for privacy and opt-out information.
Jeff Kofman, an Emmy award-winning journalist and former war correspondent, thinks that AI might help solve the problem of disinformation if used rightly. Now CEO and co-Founder at Trint, an AI-based transcription company, Jeff witnessed a number of issues plaguing journalists all converging at once: fewer resources, less time, and more disinformation. Jeff believes that by shortening the time to access information for reporters (and the public) - and eventually leveraging AI to help people ID relevant parts of manuscripts - the war against disinformation campaigns is more easily fought. Jeff has lived the workflow that Trint is transforming. In more than three decades as a reporter, foreign correspondent, and war correspondent, he estimates he has manually transcribed thousands of hours of interviews, speeches, lectures, and news conferences. Trint goes beyond automated transcription to provide the world's most innovative and collaborative platform for searching, editing, and getting the most out of your content. But I wanted to learn more about the story behind the company. The idea for Trint was first hatched at the Mozilla Festival in London, an annual coding conference in London that showcases cutting-edge media innovation. It was November 2013; Mark Panaghiston, Mark Boas and Laurian Gridinoc were previewing a prototype of software that linked manually transcribed text to its source audio. It was a new concept in both audio and transcription: they found a way to glue a piece of text on the screen to its source audio file, stitching each word of a transcript to the exact time that word was spoken. The trio of developers was introduced to Jeff Kofman. Jeff was still working as ABC News London Correspondent but he was also teaching a university course on 21st century journalism, which was why he was attending Mozfest. He immediately took an interest in the technology the team was demonstrating. Jeff asked Laurian if automated speech-to-text could be added to the software along with some way of correcting the machine-generated errors. If so, they could turn the world of tedious, time-consuming, and costly manual transcription on its head. "It's an interesting idea," said Laurian. "We could try it." "I felt like I was looking at the future," Jeff remembers. "It was a real light bulb moment. I remember saying to the guys, 'This is what the future is going to look like. We can get together and see if we can make it work, or we go our separate ways and one day a few years from now one of us will walk into a coffee shop and see someone working on a platform like this that automates transcription.'" That chance encounter began a journey into entrepreneurship, invention, and the world of startups.
This week we hear from Jeff Kofman, founder and CEO of Trint, about the dark abyss of transcription, whether Google and Facebook are serious about funding journalism and the good the bad and the ugly of social media. In the news roundup the team discusses a bad week for UK media companies including Johnston Press going into administration, Esquire cutting back its print offering, and Shortlist going digital-only. The team go Thanksgiving mad (not in a good way).
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In this episode, Jeff Kofman and I discuss his journey from journalism to tech startup CEO. Jeff explains how he came up with the idea for Trint.com, an AI (artificial intelligence) transcription service. He then shares insights into the pricing strategy for their SaaS (software as a service) product. About Jeff Kofman Jeff Kofman is […] The post Does Technology Replace or Liberate? with Jeff Kofman – 123 appeared first on Art Of Value.
I like to talk about a lot of different things on this podcast including technology, venture capital, how businesses and industries arise to solve problems and address needs. I like to talk about first-time business owners and Boomerpreneurs - people who start a business in their retirement years. Most of all, I like speaking with creative and interesting people. In today's program I am bringing you all of that in the person of Jeff Kofman, who is CEO and co-founder and an incredible startup called Trint. After 33 years as a broadcast journalist for CBC, BBC, CBS and ABC, Jeff Kofman became "The Accidental CEO" of this London-based tech startup. In this episode of Radio Free Enterprise, Jeff talks about how he came to be an entrepreneur at this stage in his life and the similarities between being a war correspondent and the CEO of a fast-growing company.
Minter Dialogue Episode #200 — This interview is with Jeffrey Kofman, the Emmy award-winning foreign and war correspondent, who is now CEO and co-founder of a really fascinating startup TRINT. Trint is a platform for taking speech-based media and converting it in text. To quote Jeff, Trint transforms how newsrooms transcribe & share media content. Ideal for journalists and podcasters, TRINT also won the Start-ups for News award at this year’s Global Editors Network Summit 2016. In this podcast, we discuss the Trint offer, the positioning and strategy of this passionate project.Meanwhile, please send me your questions as an audio file (or normal email) to nminterdial@gmail.com; or you can find the show notes and comment on minterdial.com. If you liked the podcast, please take a moment to go over to iTunes to rate/review the podcast. Otherwise, you can find me @mdial on Twitter. Support the show (https://www.patreon.com/minterdial)