The Framework for Identifying Companies that Will Succeed with Fred Cary, Founder & CEO of IdeaPros
Join our host, Lee Murray, in this episode of Exploring Growth as he speaks with Fred Cary, CEO of IdeaPros. Fred, a seasoned entrepreneur, shares his extensive experience in running companies and guiding others to success. They cover the challenges entrepreneurs face, key traits of successful leaders, and the importance of strategic planning and company culture.
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Things are only impossible until you
do them. And, um, yes. Black Swan.
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And that's been the, uh,
the mantra that that I've had in
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my whole career.
There are ways to do things,
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and it may not articulate itself,
articulate itself, the,
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the way that we first imagine.
But if you know that there's a
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problem,
there's always some solution to it.
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It might be in artful to begin with,
but there is a solution to be
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had there.
Um, as you said,
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it's not it's not easy and it's
not for the faint of heart.
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But if you can pull it off,
you have a much better chance of
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succeeding. All right.
Welcome back to Exploring Growth.
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Today I'm interviewing Fred Carey.
He's a serial entrepreneur,
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angel investor and CEO of Idea Pros
where they help entrepreneurs build,
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grow and fund their ideas.
Fred, welcome to Exploring Growth
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Thank you. It's an honor to be here.
I hope we can have a good time
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and give your audience a lot to
think about. Yeah.
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So to kick us off, tell us about you.
Like, tell us about where you.
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How did you come up and what are
you involved in right now? Yeah.
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Uh, I became an entrepreneur
right at the ripe old age of 20.
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Uh, people have asked me what
what was my motivation to to go
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down this path.
And the reality was, I didn't think
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anybody would have me. Um, yeah. So.
And so, you know,
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I didn't I didn't fit, uh,
the cookie cutter cloth that,
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that I thought I would be put into.
And so I started doing things on
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my own.
Uh, and I have been running my
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own company,
starting my own companies from
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the ground up for about 30 years.
And, uh, now I help other folks,
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whether they're at the very beginning
stage of what they want to do,
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whether they're more middle
market company that wants to
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grow to another level.
Um, I sit down with them and
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strategically kind of reevaluate
what they're doing and reinvent them
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and get them onto another level.
So it's rewarding.
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And it's also the ass in the show.
It's painting the ass if I can
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contain the. But if I can't.
Yeah, yeah. No, that's it, I get it.
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Um, I'm in that ecosystem of
founders and entrepreneurs and,
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you know, even the entrepreneurs.
Um, and it's a, it's a racket.
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I mean, you got you got ideas that
are just swirling and everyone thinks
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they're worth $1 billion or more.
Uh, and I know you've got idea pros
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as your company currently tell us
like more specifically about what
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you're doing and maybe some of the
type of companies you work with.
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Yeah.
What I'm doing now as a recently is,
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is a little bit different than,
than what we started.
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The flagship product that we had
is basically after discovering
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that 95% of entrepreneurs are
what we call outsiders.
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Um they don't really have access
to capital connections.
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Um, they probably don't know
what they should be building.
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Typically,
they've come from corporate America,
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can't send jobs anymore,
and want to go out on their own.
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There was no real infrastructure
to support them.
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So I started Idea Prose as being
kind of the ultimate co-founder
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for somebody coming out,
you know, a babe in the woods,
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um, coming out and not knowing
what they wanted to do.
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The problem with that is that
demand was overwhelming.
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I had over a hundred, not over.
I had about 100,000 applications
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to work with me.
You can only take 400 deals.
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So we have 400 companies that
were part owners of trying to
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massage them and grow them.
And uh, over the last several months,
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I kind of migrated what we do to a
lot of automated components so that
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we can help anybody, anywhere on
the journey with what they want.
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If it's a more mature company, help
them get their next round of funding,
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help them strategize, uh, the next
level of growth and higher margins.
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If it's a small company that's
just getting ready to launch,
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we can put them in front of venture
capital and, uh, even before that.
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But but right now,
it's all compartmentalized pieces.
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Give me. And I did see that.
I'm actually kind of looking
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back at your website now,
I remember seeing that before where
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you have these sort of packages
that people can, uh, can buy,
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and that gives them sort of minor
access to you and your team, but
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they get a lot of value and a lot of
upstart type of resources and tools.
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And then if they want to go
further and they need even more
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help than they can get in touch
with your team, more customized.
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Am I am I saying that right? Yeah.
So we'll still do that flagship
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product where basically we're
all in where your co-founder,
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you know, you're going to make a
contribution up front, you're going
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to give us a piece of the company,
and you're going to be working
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with me directly and our team,
and we're going to go from wherever
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you are to wherever you want to go.
So we still do that,
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but we're a lot more selective
right now and who we would take
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for something like that. Yeah.
One of my, uh,
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learning experiences as I was
growing this business is we're not
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all cut out to be entrepreneurs,
and even people that have good ideas
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and say they have the commitment
when it gets time to hand them over.
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The keys to the formula One car
we built, uh,
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they crash into the first wall.
And so, uh, so we're really,
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really careful who we pick.
The idea really is secondary to
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the person.
I was just about that was that
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was my next question is when
you're looking at companies,
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how do you be selective.
And I would assume like you're
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looking at the person first
because they're the ones driving
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that race car. Yeah, yeah.
Before, you know,
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somebody with a pulse a good idea
and a wallet because they had the
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financial contribution to us as well.
But, um, even at the amount of
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money we were getting up front,
really not enough other than to
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maybe have a small margin where
we're betting on the upside of
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having a piece of ownership in the
company developed and and some just
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are never going to get anywhere.
Um, those are the ones they're
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going to end up pointing to.
Um, you know,
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I launched and six months later
and I'm not a gazillionaire.
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What's going on? And so those so now.
They'll fizzle out. Yeah, yeah.
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The person becomes my first choice.
Yeah.
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So when you're looking out in the
market and you have these companies
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coming through your filters,
what is a what are you looking
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for in a company.
So let's say you've identified
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the individuals are good in the
company itself.
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What are some of the key
indicators that you're like hey,
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this can this can be a win.
What I look for is what
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historically I did for myself.
You know, I had ten different
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ten different companies.
I think I had about a 80% success
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rate with the companies, um,
including taking two of them public.
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And what I looked for is an emerging
marketplace that was growing rapidly,
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that had competition,
that had fervent customers and
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had a gaping hole in it.
Uh, the competition was not
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doing something right.
They were leaving a very important
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piece of the equation, uh,
on the table, and I'd go snap up
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those pieces, and then we'd become
the preeminent player in that space.
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And in using that approach, that's
turned out to be very successful.
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And so when people come in and
they have an idea,
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they want to go into a sector,
one of the very first things that
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I do is is there an opportunity
here to to take advantage of a
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hole in this marketplace.
And if there is,
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I get excited about it.
And if you look at my resume,
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you'll think, oh, man,
this guy's schizophrenic.
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Uh, it's just like everywhere
restaurant, food, beauty, clothing,
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software, hardware, e-commerce, uh,
financing really all over the place.
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But every one of those is
opportunistic.
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You know, here,
here's a really good opportunity
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in the growing market sector.
Yeah. Gotcha. And a total sense.
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So you're looking at the person
first.
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Can this person, you know,
drive this race car? Yes.
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Are they in a market that the
wind's kind of at their back.
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And there's already a demand for
what's going on and probably
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looking for product market fit.
Uh, and then then you're looking
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for the gap that you can fill.
Um, can you give me an example
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of a company that maybe you've
worked with in the past?
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Um, or maybe one of your companies
that kind of fits this bill? Yeah.
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Um, I can give you a couple of
examples I'll use.
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I used my own companies that I
had started before.
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One is a, I think a great example
because they're now doing about
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800 million a year in revenue.
Uh, we have employees on every
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habitable continent,
and we have we have solutions that
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impact over half of the television
households around the world.
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Um, nice that that company,
we started that when HD first
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started becoming popular.
So this is an opportunistic change in
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the environment where I look for
this big idea. What's a shift. Mhm.
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Um Airbnb I can use that example
later. That was a shift moment.
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Yeah. Right.
The shift moment is the world
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was changing to HD and the cable
industry was screwed because the
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cable that went to your house could
only hold one megabit of data.
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And for HD back then you needed 1.5.
So there's no way that they could
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bring HD to the home without
forklift ING their entire system.
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And, you know, cable, you know,
it's all hard wired. Yeah.
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And so they really they had no
solution.
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And it was panic mode for them.
Um, we approached them, me and two
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engineers from Israel, and said,
we think we have a solution that
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can get you HD in the household.
And basically we said, hey,
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if you can build that, you got a $20
million order to start out with.
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And, uh, and we left the meeting
and my engineers said,
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you're f ING crazy man.
We How are we going to be able
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to do this?
Uh, six months later, we came up with
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a solution that literally quadrupled,
uh, their throughput. So.
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So not only were we able to
deliver HD, we're able to deliver
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to HD and one SD in one cable.
Um, and because that opportunity
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presented itself and because the
demand for that solution was so high,
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uh, you know, as I said, $20 million
in the very first year from zero.
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Um. Yeah. That's amazing.
So, so you're you're applying
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that framework of looking for a
market that has demand and just
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trying to find the need that's
there and fill it.
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And filling it is not the easy
that's not the easy part.
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I think probably the easier part,
which is still not easy,
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is that determining it.
Where is the gap? Yeah.
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Um, so then, you know, like,
how do you how do you go about
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finding a solution when you find a
problem? Yeah. And you're right.
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It sounds like, you know,
finding that hole or the gap in the
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marketplace is easy, and it could be.
But filling it is another matter.
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My engineers thought it was
impossible for a for us to fill
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that gap, even though it was
clear to us what it was.
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Um, you know, things are only
impossible until you do them and,
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um. Yes. Black Swan.
And that's been the, uh,
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the mantra that that I've had in my,
my whole career.
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There are ways to do things,
and it may not articulate itself,
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articulate itself, the,
the way that we first imagined.
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But if you know that there's a
problem,
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there's always some solution to it.
It might be in artful to begin with,
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but there is a solution to be
had there.
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Um, as you said,
it's not it's not easy and it's
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not for the faint of heart.
But if you can pull it off, you have
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a much better chance of succeeding
because the demand is already there.
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The customers are already there.
Yes, yes. The companies.
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You're not trying to do it right?
Yeah You're not trying to break
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into something new and and
educate your customers. Uh.
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Yeah, they're educating me.
And nowadays, ladies and gentlemen,
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it's really easy.
If you're in a sector,
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go look at your competitors.
Look at their one star reviews.
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Look for a pattern.
In fact, with, uh, with our AI tools.
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Uh, right now, I can I can say,
hey, I want to be in this sector.
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These are the three main competitors.
Go figure out how to kick their
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asses.
Uh, and, you know,
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it's a series of questions,
but the the ultimate. Sure.
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Figure out how to kick their asses.
Yeah, and.
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You'll get a pretty succinct way of
going in there and slaying dragons.
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So there's no excuse anymore.
Yeah. It's that, you know, that's.
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I will say that's a very clear
path that you've painted. Right.
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And makes sense, but it's it's a
very unique way of thinking.
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I don't think everyone thinks
like that.
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I don't think everyone thinks, well,
we just have to do this thing.
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So we're going to go do it, right?
So how did is that just part of
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your DNA? I mean, I know you.
When you said you were in your 20s,
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you know, one would have you.
So you started, you know, a business.
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Is that just something that you've
always thought this way, or did you
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did you acquire that over time?
Um, I always thought that way,
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but I didn't know I did. Uh.
It's only. Yeah. That's okay.
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That makes sense. Yeah.
I look at by looking backward,
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I said, well, how did I do this?
Oh, I see, and then through
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discovery of history, I was able
to determine the patterns that I
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use to make the different companies
success patterns. That's what I was.
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With idea, because we're still
struggling to find that I found
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the big gaping hole, but it was
like drinking through a fire hose.
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You know, there's just no way to
do all that heavy lifting.
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So here's an here's a perfect
example of this in artful solution.
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In the beginning, like we got it
buried, we made $27 million in a
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couple of years filling this hole.
But we were drowning at the same
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time, you know, just dropping the
overhead with the cost of all the
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heavy lifting involved in going from
an idea to a company doing that
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400 times and having 99,000 other
people wanting you to do it for them.
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So I had to set back like nine months
ago and say, all right, no more new
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business until we refigure this and
come up with a better approach.
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That's a good problem to have,
and I think you approached it the
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right way. Open the floodgates.
You know what I would say I'm pulling
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from this is you're a feedback guy.
Like looking at one star reviews,
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you open the floodgates on idea
pros and you get all these new
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applicants that gives you feedback
so you can adjust your plan. Yeah.
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You can, uh,
it's it's been a painful process, um,
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to figure out exactly what to do.
And when you decide as an
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organization to not take new
business for a while, while you
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figure things out, that means,
you know, just like with my girls,
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it's coming out of daddy's wallet,
um, over here.
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So, you know, you have to double down
and recommit to something that you
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started you're making good money on.
And now all of a sudden,
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you dry up that well and and throw
your own money back into it to to
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do it in a better way. Yeah. Yeah.
You know, uh, this idea of, like,
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finding patterns, I think is the
key point in all of that thinking.
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Um, because to know how to use
AI at this stage to give you the
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result that you're looking for,
you know, like go, go, go kick butt.
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Well, all these questions are,
you know, that's your result.
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You're only going to know to ask
it that question, those questions
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because you've already seen all these
other patterns like, you know how to
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use this tool because you've done
all the work before. Yeah. Yeah.
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Uh, it's just, you know,
it's like an X-ray and a radiologist,
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right? Um, yes.
When, when when I look at AI,
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in fact, we use the term high
over AI, so human intelligence,
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over artificial intelligence,
and, uh, it will give you things.
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But I'm yet to see something I
didn't have to edit to a man to say.
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Oh, yeah. You almost have it.
Let's go here and try this approach
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or that's not going to work.
We can't you know,
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we can't create three legged camels.
Let's do. Something else.
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Uh, so, I mean that all that stuff
really resonates with me because
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it's similar to how I think.
And I think similarly, I didn't
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realize that I thought that way
until like, you can look back 2020.
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So I think that's cool.
Um, if we turn the corner here a
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little bit and talk more about
the nuts and bolts of business
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and how you're actually helping
these companies, um,
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one of the things we talked about
when we were introduced was, um,
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raising capital. Right?
Um, when,
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when should companies raise capital
and when should they not? Right.
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Just thinking about different
stages too. Yeah.
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They should always raise capital.
Okay.
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In today's market,
there's two reasons why I say that.
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And I'm being a tiny bit facetious,
but not by much You.
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Unless you have it perfectly.
You're either growing too fast
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or too slow.
If you're going too slow,
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you need you need outside capital
to help pay for advertising,
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to pay for the different support
systems that you're putting in place.
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Bring in more salespeople,
for example.
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Uh, if you're growing too fast,
then you're counting on last
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month's revenue to pay for this
month's bills.
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But if you're doubling every
single month, you know you have
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too much month for your money.
Um, because you're using old money to
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pay for this next round of money.
So you can only grow at a
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certain level.
And especially in today's
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environment when the opportunities
for rapid growth are staggering
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if you do it the right way.
Um, you always need to be
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thinking about capital infusions.
And what mechanisms do you find
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yourself sending your entrepreneurs
to for raising capital?
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I actually I bring.
Them, I don't send them. Uh oh okay.
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Yeah. That's right. Yeah.
You know, there's a there's a lot
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of facilitators out there that
can make connections for you.
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But I like to look at my
strategic side of things is kind
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of a re-imagination of what you
are doing as a business.
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And the the reason is what you might
be doing is really lucrative and
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growing really quickly, and you
think you got something amazing,
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but it doesn't necessarily translate
into something investors really
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understand and get hot about.
Uh, so when I first worked with any
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company, even companies like one
company I'm working with has $90
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million worth of backlog in orders.
Um, and they sent me a pitch
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deck that was. About.
80 pages long,
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and we turned it to 12 pages.
And and all of a sudden,
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with some really big investors
are looking hard at them when
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they'd been out for a year,
not able to raise capital. Yeah.
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So so I just call it reimagination.
You take all the pieces you lay
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it on a table and you reassemble
them in a very powerful,
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succinct way so that people who
are hearing your story for the
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first time and have the wallets.
It's not that they're dumb, it's
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just they've never heard your story.
They don't know what you're about,
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and you want to add all these
elements, components and
305
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features functionality.
And they just really want to
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understand two sentences.
This is what we do and this is
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how we do it.
And if you have a company you
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can get what those two things in
two sentences.
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Then we can start building a really
great, powerful deck for you.
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Um, and so if somebody retains me,
it's strategy.
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It's all strategy first,
even if you think you have it right,
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we're going to we're going to
question everything you're doing
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and everything you're planning on
doing and make sure it's really,
314
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really solid.
And then we get you out, bring you up
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on Silicon Valley and elsewhere to
talk to venture capital angel groups.
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And if you're far enough along,
um, private equity and certainly
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family offices. Yeah. Okay.
Well, yeah what comes to mind is
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I had a guest on, uh,
actually a couple of weeks ago
319
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and a business growth strategist,
and he was talking about the same,
320
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same idea.
He was saying, you know, it's like,
321
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um, we're going to sell your house.
You have to restage your house.
322
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You know, you got to take the
emotion out of it,
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take your ideas out of it and put it
how investor would want to see it.
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Um, so I think that's a really
good way, uh, a way of,
325
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of saying it is a reimagining it
in the eyes of the investor,
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whether you're talking to a family
office or, you know, P actually,
327
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that's what the other things I was
going to talk to you about is,
328
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uh, private equity.
Um, where where does a private
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equity fit into this scenario,
if they do at all.
330
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And then what's kind of the
disadvantages, advantages of
331
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working with private equity?
Well, a lot of private equity
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companies are just going to want
to take you out.
333
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Um, but there's a subset of private
equity companies that want to come
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in and take a minority position.
The good news about working with
335
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private equity is that they are
they are part of leading the
336
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catalyst to your exit.
Uh so you get a private equity
337
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firm that comes in and wants to
contribute $50 million to your cause
338
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and take a 30% position in it.
Their horizon to take over the
339
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whole company and to take it
public or to grow it as a
340
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massive private organization is
probably 3 to 5 years.
341
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And so you now have assistance
in helping you grow.
342
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You have, in many cases,
an unlimited pocket book to
343
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facilitate growth, acquisitions,
uh, strategic partnerships,
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new new uh products and services.
Those things all come with the.
345
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Yeah, with the offering.
The downside, of course,
346
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is now you've got a couple of
people sitting on your board that
347
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are yelling at you every day.
Sounds like you've had that
348
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experience. Hell, yeah. Yeah.
Amazing.
349
00:21:46,570 --> 00:21:51,820
Um, well, you know, I'm, I don't know
a ton about private equity, but but
350
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it seems like in just first a glance.
It's what they're doing is
351
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different than what you're doing.
An idea pros for sure.
352
00:21:58,640 --> 00:22:01,130
But there's some a lot of overlap,
a lot of similarities.
353
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So how do you, um,
pull that apart for your entrepreneur
354
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who's coming in saying, oh,
here's the value we're bringing.
355
00:22:06,710 --> 00:22:10,250
Here's a value potentially that a,
you know, another investor might be,
356
00:22:10,250 --> 00:22:14,030
might be bringing.
Yeah, uh, almost without exception,
357
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the people that are working with us,
they're really not ready for
358
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private equity yet.
So we're we're kind of a combination
359
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of, uh, VC and accelerator and
incubator and private equity all
360
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rolled into one. Yeah.
And by the way,
361
00:22:29,090 --> 00:22:32,630
services organization, because we
build whatever you want to build
362
00:22:32,630 --> 00:22:37,580
from apps to engineering to working
with manufacturing to your naming,
363
00:22:37,580 --> 00:22:41,570
branding, positioning strategies,
uh, all those elements.
364
00:22:41,570 --> 00:22:46,610
It's kind of a one stop shop.
Yeah. I hate that. Term. Yeah.
365
00:22:46,610 --> 00:22:50,630
That's amazing.
Um, well, so on my list here, we,
366
00:22:50,630 --> 00:22:52,970
I wanted to talk to you about.
I don't want to forget to talk
367
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to you about, um,
translating leadership skills.
368
00:22:56,690 --> 00:22:59,420
We're talking about leadership
skills and different parts of your
369
00:22:59,420 --> 00:23:02,960
organization because I know we talked
about, you know, your manager or
370
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your, um, you know, your founder,
your entrepreneur, you bring it in.
371
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They're the they're the key to all
of this working or not working.
372
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Um, driving that race car.
Um, how do you,
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when you bring them in, um, how do
you set them on the right course so
374
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that they are growing themselves
personally inside the company?
375
00:23:23,540 --> 00:23:28,070
The very first thing I do when I
speak to any company at any
376
00:23:28,070 --> 00:23:31,520
stage could be an individual.
It could be a company like the
377
00:23:31,520 --> 00:23:34,670
one I was just talking about
that has probably 100 employees.
378
00:23:34,970 --> 00:23:42,530
Uh, I talk about purpose and and
trying to find an alignment
379
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between what goes on in your
core and what you're projecting
380
00:23:46,670 --> 00:23:50,750
out into your business.
And if we can get that alignment,
381
00:23:50,750 --> 00:23:54,240
then we're in a position where
you can become a much better
382
00:23:54,240 --> 00:23:56,910
leader or a leader at all.
Because when you first start as
383
00:23:56,910 --> 00:24:00,360
an entrepreneur, you're the worst
leader in the world because you
384
00:24:00,360 --> 00:24:03,120
don't have anybody you can rely on.
You're doing everything.
385
00:24:03,180 --> 00:24:06,060
Like my dad used to say,
one arm paper hanger. Yeah.
386
00:24:06,360 --> 00:24:10,020
Seems to be kind of a weird term to
use. Yeah. That's super weird, but.
387
00:24:10,140 --> 00:24:16,290
But it somehow makes sense. It does.
Uh, and and so to transition from
388
00:24:16,290 --> 00:24:22,170
that to what Richard Branson says
about when he was asked about
389
00:24:22,200 --> 00:24:27,000
being successful with his Virgin
line of companies, it was like,
390
00:24:27,000 --> 00:24:31,380
come up with good ideas, surround
yourself with a really solid team
391
00:24:31,380 --> 00:24:35,850
and get the hell out of the way.
And so that transition to leadership,
392
00:24:35,850 --> 00:24:40,890
leadership is enabling others to
do your work with the trust and
393
00:24:40,890 --> 00:24:44,400
understanding that they can do
the same job.
394
00:24:44,400 --> 00:24:47,490
You can maybe even better,
because their skill set is unique to
395
00:24:47,490 --> 00:24:49,740
the element of what they're doing.
They're never going to have the
396
00:24:49,740 --> 00:24:53,250
same passion that you have for it,
because this is your baby.
397
00:24:53,640 --> 00:24:57,000
Um, but if you surround yourself
with really competent people,
398
00:24:57,450 --> 00:25:00,150
you're going to grow a beautiful
baby. Yeah, I like that.
399
00:25:00,150 --> 00:25:05,190
Align alignment of their core,
uh, sort of intrinsic values.
400
00:25:05,190 --> 00:25:08,280
And the purpose of the company is
critical because it really kind
401
00:25:08,280 --> 00:25:11,220
of makes things a lot easier for
them to, because they can just be
402
00:25:11,220 --> 00:25:14,850
themselves, you know, assuming that
that is in alignment with what the
403
00:25:14,850 --> 00:25:20,700
company needs to be. Exactly. Yeah.
And by the way, there are some really
404
00:25:20,700 --> 00:25:26,280
big companies right now, Apple,
Google, they're a lot more interested
405
00:25:26,280 --> 00:25:29,910
in the culture and the culture
fit than they are in the resume.
406
00:25:29,910 --> 00:25:32,940
And where you went to school,
what job you had let.
407
00:25:33,150 --> 00:25:35,160
Obviously those things matter,
but sure.
408
00:25:35,160 --> 00:25:39,150
But the key, the critical element
is how do they fit in our culture?
409
00:25:39,150 --> 00:25:41,640
Do they have a belief system
that we have?
410
00:25:41,640 --> 00:25:45,450
Are they going to react in the same
way to positive and negative stimuli
411
00:25:45,450 --> 00:25:48,900
as we're expecting in this company?
And if you don't have that fit,
412
00:25:48,900 --> 00:25:51,120
it doesn't matter what
somebody's resume is.
413
00:25:51,360 --> 00:25:54,360
Um, they're not going to they're
going to be poison in the company.
414
00:25:54,360 --> 00:25:57,150
And so yeah, I agree.
Companies are looking in fact,
415
00:25:57,150 --> 00:26:02,940
we're developing an app right
now that addresses that,
416
00:26:02,940 --> 00:26:07,020
that allows you to build your persona
out on a more personalized level
417
00:26:07,020 --> 00:26:10,710
so that when you do give a resume,
you can give your persona as well and
418
00:26:10,710 --> 00:26:14,040
say, this is what I'm all about.
This is what my coworkers and friends
419
00:26:14,040 --> 00:26:17,700
think of me and and my skills and
my belief system and everything.
420
00:26:17,700 --> 00:26:21,330
And that becomes part of what you
offer up to companies when you're
421
00:26:21,330 --> 00:26:25,260
looking for. I like that, yeah.
Do you are you utilizing any,
422
00:26:25,260 --> 00:26:29,220
um, behavior or a personality
test like Myers-Briggs or disc
423
00:26:29,220 --> 00:26:32,520
or anything like that?
Yeah, we're using combination of
424
00:26:32,520 --> 00:26:35,370
things that when you go and you
set up your persona.
425
00:26:35,610 --> 00:26:37,770
Yeah,
you answer a series of questions
426
00:26:38,070 --> 00:26:43,860
and it helps position you to to
because it works both ways. Right?
427
00:26:43,860 --> 00:26:47,190
You you don't want to go into an
organization where you don't fit
428
00:26:47,190 --> 00:26:48,630
in the culture.
It's not only bad for the
429
00:26:48,630 --> 00:26:52,110
organization, it's bad for you too.
Yeah. No. Yeah No.
430
00:26:52,110 --> 00:26:56,500
And I really believe in those things.
I think that it's like The matrix
431
00:26:56,500 --> 00:26:59,650
that sort of opens people's eyes
to what's really in front of them,
432
00:26:59,830 --> 00:27:03,910
and it clears things up in terms of
if people really harness the power.
433
00:27:04,000 --> 00:27:06,460
Especially disc,
I think seeing how people behave
434
00:27:06,460 --> 00:27:09,700
and you're able to read someone's
behavior and interact accordingly,
435
00:27:09,940 --> 00:27:13,840
it's, uh, super, super helpful.
Um, and that kind of gets us to
436
00:27:13,840 --> 00:27:18,400
the the personal growth point.
I know on our, um, our previous call,
437
00:27:18,400 --> 00:27:22,450
we were talking about, uh, kind of
working on the business of you first.
438
00:27:23,050 --> 00:27:25,960
Um, this seemed like it was very
important to you,
439
00:27:25,960 --> 00:27:29,230
and especially at this stage of
your life and your business and
440
00:27:29,230 --> 00:27:31,600
the things that you're doing.
Talk to me about, like,
441
00:27:31,600 --> 00:27:35,050
how do you work on personal growth?
How do you translate that to the,
442
00:27:35,230 --> 00:27:38,230
uh, founders and entrepreneurs
that are coming in and, uh,
443
00:27:38,230 --> 00:27:43,120
that you're, you know, investing in.
Yeah. You have three kids. I do.
444
00:27:43,510 --> 00:27:48,520
I have 402 of two girls.
Yeah, two girls and 400 companies
445
00:27:48,520 --> 00:27:52,780
that are just starting out. Right.
So I've never had this much stress
446
00:27:52,780 --> 00:27:58,330
in my life and, um. Yeah. Uh.
And so the only way to be able
447
00:27:58,330 --> 00:28:01,090
to handle that.
And by the way, you don't have to
448
00:28:01,090 --> 00:28:05,650
have 400 companies that have stress.
You have one and have three. Yeah.
449
00:28:05,800 --> 00:28:10,750
Um, so the best way to handle it is,
I say when you wake up, work on
450
00:28:10,750 --> 00:28:13,960
the business of you before working
on the business of your business.
451
00:28:13,960 --> 00:28:17,680
And what I mean by that, find enough
time, get up an hour early or two
452
00:28:17,680 --> 00:28:20,500
hours early if you if you have to.
I'm up at five every day.
453
00:28:20,830 --> 00:28:24,010
A workout for an hour and a half
with a trainer five days a week.
454
00:28:24,010 --> 00:28:25,960
Because if I don't have the trainer,
I'm not going to do it.
455
00:28:26,140 --> 00:28:29,800
Yeah, I hate working out.
If somebody out there is working
456
00:28:29,800 --> 00:28:34,960
on a workout pill, let me know.
I'll be right there with you.
457
00:28:35,500 --> 00:28:39,460
But I'm working out 90 minutes a
day and people in their 20s can't
458
00:28:39,460 --> 00:28:43,060
keep up with me, and they try to
do my 70 something workout.
459
00:28:43,240 --> 00:28:48,280
Yeah. And, um, so I work on me.
I do positive affirmations.
460
00:28:48,280 --> 00:28:54,220
I kind of reflect and meditate
I'll read a. Chapter or a.
461
00:28:54,220 --> 00:28:59,530
Paragraph or entire book, and I'll
do those things and really express
462
00:28:59,530 --> 00:29:04,660
gratitude so that when I put all that
stuff down and start my work day,
463
00:29:04,660 --> 00:29:09,220
I'm going to be in a positive mood.
I pumped up my mind with a
464
00:29:09,220 --> 00:29:13,930
meditation and with the affirmations
and with reading, and I pumped
465
00:29:13,930 --> 00:29:18,190
up my body with with exercise.
So now I'm going in to the beginning
466
00:29:18,190 --> 00:29:22,810
of the day in a really positive mode.
Whereas I may have slept three
467
00:29:22,810 --> 00:29:25,720
hours the night before because
I'm so worried about different
468
00:29:25,720 --> 00:29:29,890
aspects of the business.
So working on you is critically
469
00:29:29,890 --> 00:29:33,430
important.
Um, in fact, on my, uh,
470
00:29:33,430 --> 00:29:38,340
my Instagram page official Fred,
Cory, Cory, I have over half a
471
00:29:38,340 --> 00:29:43,030
million followers on there now,
and I have pinned my workout routine
472
00:29:43,150 --> 00:29:45,910
is the very first thing on it.
And if you click it,
473
00:29:45,910 --> 00:29:49,270
if you do that every day,
you're going to see your attitude is
474
00:29:49,270 --> 00:29:54,170
a lot different throughout the day.
Yeah, I would agree 100% with that.
475
00:29:54,170 --> 00:29:57,590
You get to your body moving right.
It affects your mind.
476
00:29:57,590 --> 00:30:01,970
It's it's wild how it works.
Yeah. Feed the. Beast. Yes.
477
00:30:03,050 --> 00:30:04,640
Hey,
this has been amazing conversation.
478
00:30:04,640 --> 00:30:06,800
I so much appreciate you coming
on here.
479
00:30:07,010 --> 00:30:08,990
Uh,
thanks for all your practical wisdom.
480
00:30:09,260 --> 00:30:12,650
Well, I appreciate that as well.
Uh, have a great weekend.
481
00:30:12,830 --> 00:30:17,030
I'll be working all weekend.
Well, no, don't work too hard.
482
00:30:17,390 --> 00:30:20,300
Yeah, I want thanks again.
And if we want to send people
483
00:30:20,300 --> 00:30:23,270
your way.
Uh, you said it's official carry
484
00:30:23,660 --> 00:30:25,850
on Instagram.
Yeah, Instagram is official.
485
00:30:25,850 --> 00:30:29,870
Fred Kerikeri.
The website is adipose. Com.
486
00:30:30,230 --> 00:30:33,530
There's free membership on there.
There's applications to talk to us.
487
00:30:33,530 --> 00:30:36,080
If you have something that you
think is really important that
488
00:30:36,350 --> 00:30:40,130
you can be the the next unicorn.
Uh, write to me, Fred,
489
00:30:40,130 --> 00:30:43,970
at diapers.com.
I'll be happy to speak with you.
490
00:30:43,970 --> 00:30:46,790
Spend a half hour with you,
and if I can help you, I will.
491
00:30:46,790 --> 00:30:50,300
If I can't, I'll direct you to where
you should be going. It's awesome.
492
00:30:50,300 --> 00:30:52,340
Thanks again Fred. Take care.