Teja Yenamandra - Gun.io

Teja and Kyle discuss the early days of building a startup and the mindset required to be successful. They talk about the challenges of starting a business with limited resources and the need to be scrappy and resourceful.
Teja shares his experience of burning through savings and taking on personal debt to fund the business. They also discuss the importance of having a strong support system and a team that can cover different areas of the business.
Despite the challenges and doubts that arise along the way, Teja emphasizes the need to stay focused on the long-term vision and make decisions based on the potential for success rather than the probabilistic likelihood of failure. Teja reflects on his journey as the CEO of Gun.io and shares his vision for the fu
Meet Teja Yenamandra
Founder & CEO of Gun.io ( @gunio )
- Gun.io - World-class engineering talent, on tap. 🤠 - http://gun.io
- Gun.io - X - https://x.com/gundotio
- Teja - LinkedIn - https://www.linkedin.com/in/tejayenamandra
1
00:55:31,375 --> 00:55:32,541
Hey, look.
2
00:55:32,541 --> 00:55:35,458
Look who it is.
3
00:55:35,458 --> 00:55:35,958
sorry.
4
00:55:35,958 --> 00:55:37,625
Look what I just.
5
00:55:37,625 --> 00:55:38,291
Look,
6
00:55:38,291 --> 00:55:39,625
look what I got for you.
7
00:55:39,625 --> 00:55:40,333
That looks great,
8
00:55:40,333 --> 00:55:41,875
That looks. Yeah.
9
00:55:41,875 --> 00:55:43,000
Yeah. I'm feeling.
10
00:55:43,000 --> 00:55:43,541
I'm feeling
11
00:55:43,541 --> 00:55:44,458
very Joe Rogan right
12
00:55:44,458 --> 00:55:44,750
now, dude.
13
00:55:44,750 --> 00:55:46,416
So. So. Yeah.
14
00:55:46,416 --> 00:55:47,500
So what part of New York
15
00:55:47,500 --> 00:55:49,250
are you in right now?
16
00:55:49,250 --> 00:55:50,750
I have been all over
17
00:55:50,750 --> 00:55:51,208
the island,
18
00:55:51,208 --> 00:55:53,541
and I like, I'm
19
00:55:53,541 --> 00:55:54,166
staying in the Lower
20
00:55:54,166 --> 00:55:54,708
East Side.
21
00:55:54,708 --> 00:55:56,666
I've been up on 59th,
22
00:55:56,666 --> 00:55:57,250
and then I went down
23
00:55:57,250 --> 00:55:58,166
to Irving Place,
24
00:55:58,166 --> 00:55:58,833
and then I had to
25
00:55:58,833 --> 00:56:00,500
go to Balthazar.
26
00:56:00,500 --> 00:56:01,208
Like,
27
00:56:01,208 --> 00:56:02,083
I basically
28
00:56:02,083 --> 00:56:03,208
it's all just sort of
29
00:56:03,208 --> 00:56:04,541
wherever the Uber driver,
30
00:56:04,541 --> 00:56:07,375
is, is currently taking me.
31
00:56:07,375 --> 00:56:08,708
and I, I'm,
32
00:56:08,708 --> 00:56:09,958
I like I've been planning it
33
00:56:09,958 --> 00:56:10,458
so much
34
00:56:10,458 --> 00:56:11,375
so that it's, it's
35
00:56:11,375 --> 00:56:12,958
literally within minutes.
36
00:56:12,958 --> 00:56:15,208
And Matt, who's running
37
00:56:15,208 --> 00:56:16,916
this whole show is amazing.
38
00:56:16,916 --> 00:56:17,875
And I, I
39
00:56:17,875 --> 00:56:19,458
what do I walk in like
40
00:56:19,458 --> 00:56:20,166
12 minutes
41
00:56:20,166 --> 00:56:21,833
before I start doing this.
42
00:56:21,833 --> 00:56:23,750
So I'm in that I'm in that
43
00:56:23,750 --> 00:56:25,083
is this founder mode ?
44
00:56:26,125 --> 00:56:27,083
I read that I
45
00:56:27,083 --> 00:56:28,041
read that article.
46
00:56:28,041 --> 00:56:29,291
I fucking believe it.
47
00:56:29,291 --> 00:56:30,625
That's real.
48
00:56:30,625 --> 00:56:31,041
I know it's
49
00:56:31,041 --> 00:56:31,833
getting a lot of heat,
50
00:56:31,833 --> 00:56:34,083
but I 100% agree with no,
51
00:56:34,083 --> 00:56:34,375
no, no.
52
00:56:34,375 --> 00:56:35,375
But I also have lived
53
00:56:35,375 --> 00:56:36,875
so long in
54
00:56:36,875 --> 00:56:38,416
whatever the opposite is,
55
00:56:38,416 --> 00:56:39,291
which is like,
56
00:56:39,291 --> 00:56:40,833
I need you in the office.
57
00:56:40,833 --> 00:56:41,541
There are levels
58
00:56:41,541 --> 00:56:42,291
in hierarchy.
59
00:56:42,291 --> 00:56:43,500
You just need to like,
60
00:56:43,500 --> 00:56:44,541
I need everyone
61
00:56:44,541 --> 00:56:45,291
to come in here.
62
00:56:45,291 --> 00:56:46,750
I have things to say. Yeah.
63
00:56:46,750 --> 00:56:48,791
Now I want you all to go
64
00:56:48,791 --> 00:56:49,458
have separate,
65
00:56:49,458 --> 00:56:50,583
smaller meetings
66
00:56:50,583 --> 00:56:51,333
and talk about
67
00:56:51,333 --> 00:56:52,041
what I talked about.
68
00:56:52,041 --> 00:56:54,791
You know what I mean? Versus,
69
00:56:54,791 --> 00:56:55,500
you know, versus
70
00:56:55,500 --> 00:56:57,208
the thing that I
71
00:56:57,208 --> 00:56:57,875
and I'm not
72
00:56:57,875 --> 00:56:58,875
I want to talk to you,
73
00:56:58,875 --> 00:56:59,416
but like,
74
00:56:59,416 --> 00:57:00,500
I literally this moment
75
00:57:00,500 --> 00:57:02,208
is, this week
76
00:57:02,208 --> 00:57:03,291
we did we released
77
00:57:03,291 --> 00:57:05,166
an, iPhone two days ago.
78
00:57:05,166 --> 00:57:06,416
Android's getting submitted
79
00:57:06,416 --> 00:57:07,125
as we speak.
80
00:57:07,125 --> 00:57:08,208
It's Chrome,
81
00:57:08,208 --> 00:57:10,041
Firefox, edge, and,
82
00:57:10,041 --> 00:57:12,000
and Mac is next week.
83
00:57:12,000 --> 00:57:12,583
And PCs,
84
00:57:12,583 --> 00:57:13,916
we have two that I like.
85
00:57:13,916 --> 00:57:14,291
I think it's
86
00:57:14,291 --> 00:57:14,875
one of those things
87
00:57:14,875 --> 00:57:15,291
that like
88
00:57:15,291 --> 00:57:16,291
if you were to release
89
00:57:16,291 --> 00:57:17,958
an extension
90
00:57:17,958 --> 00:57:19,375
in a sort of normal,
91
00:57:19,375 --> 00:57:20,333
we would have
92
00:57:20,333 --> 00:57:21,416
we would have focus
93
00:57:21,416 --> 00:57:22,291
groups about it.
94
00:57:22,291 --> 00:57:23,208
We would sort of talk
95
00:57:23,208 --> 00:57:24,416
about like
96
00:57:24,416 --> 00:57:25,583
how this is going to work
97
00:57:25,583 --> 00:57:26,583
and it's just so different
98
00:57:26,583 --> 00:57:27,375
when you're like, no, no, no,
99
00:57:27,375 --> 00:57:28,416
no, this what we do
100
00:57:28,416 --> 00:57:29,125
this, let's ship
101
00:57:29,125 --> 00:57:30,166
it, let's get it out. Yeah.
102
00:57:30,166 --> 00:57:30,708
So do this.
103
00:57:30,708 --> 00:57:31,750
So I'll be in New York
104
00:57:31,750 --> 00:57:32,291
tonight.
105
00:57:32,291 --> 00:57:34,250
I'm flying in tonight.
106
00:57:34,250 --> 00:57:34,541
Yeah.
107
00:57:34,541 --> 00:57:35,125
I have to go to
108
00:57:35,125 --> 00:57:36,791
a conference tomorrow.
109
00:57:36,791 --> 00:57:38,333
so, yeah.
110
00:57:38,333 --> 00:57:40,000
That's it. I have your.
111
00:57:40,000 --> 00:57:41,541
I’ll try to ping you
112
00:57:41,541 --> 00:57:42,541
see if we can like
113
00:57:42,541 --> 00:57:43,333
gather tonight.
114
00:57:43,333 --> 00:57:44,458
Let's do it.
115
00:57:44,458 --> 00:57:45,083
Let's do it.
116
00:57:45,083 --> 00:57:45,958
That sounds good.
117
00:57:45,958 --> 00:57:48,208
So let's rewind
118
00:57:48,208 --> 00:57:49,083
for a second.
119
00:57:49,083 --> 00:57:51,333
I was on your podcast
120
00:57:51,333 --> 00:57:52,791
and you said
121
00:57:52,791 --> 00:57:54,291
you should have a podcast,
122
00:57:55,666 --> 00:57:56,750
and now I have a podcast.
123
00:57:56,750 --> 00:57:57,583
And now that you're on it,
124
00:57:57,583 --> 00:57:58,875
let's go.
125
00:57:58,875 --> 00:58:00,166
Well, yeah, let's do it.
126
00:58:00,166 --> 00:58:02,750
Yeah, let's do it.
127
00:58:02,750 --> 00:58:04,208
So
128
00:58:04,208 --> 00:58:05,291
all right, let's go back to
129
00:58:05,291 --> 00:58:05,583
there was
130
00:58:05,583 --> 00:58:06,708
there was such good stuff
131
00:58:06,708 --> 00:58:08,416
that you talked about when we
132
00:58:08,416 --> 00:58:09,416
when we talked last time.
133
00:58:09,416 --> 00:58:10,333
And I want to sort of circle
134
00:58:10,333 --> 00:58:10,750
back to that.
135
00:58:10,750 --> 00:58:11,416
And that's,
136
00:58:11,416 --> 00:58:12,333
you know, one of the things
137
00:58:12,333 --> 00:58:13,333
that you mentioned
138
00:58:13,333 --> 00:58:16,416
in the early Gun.io era that
139
00:58:17,000 --> 00:58:18,625
I resonated so much with
140
00:58:18,625 --> 00:58:20,791
and the idea of Zero to Umm,
141
00:58:20,791 --> 00:58:23,625
is sort of like,
142
00:58:23,625 --> 00:58:25,166
I get 0 to 1,
143
00:58:25,166 --> 00:58:27,666
I get it, that sounds great.
144
00:58:27,666 --> 00:58:29,000
What what is one
145
00:58:29,000 --> 00:58:29,541
like when you're
146
00:58:29,541 --> 00:58:30,500
first starting right,
147
00:58:30,500 --> 00:58:31,958
you just want some clients.
148
00:58:31,958 --> 00:58:32,875
We can have enough money
149
00:58:32,875 --> 00:58:33,541
and you got to get some
150
00:58:33,541 --> 00:58:34,583
people and like,
151
00:58:34,583 --> 00:58:36,208
where is one?
152
00:58:36,208 --> 00:58:37,791
And I love the gray space
153
00:58:37,791 --> 00:58:39,083
of those early days.
154
00:58:39,083 --> 00:58:39,500
And that's what
155
00:58:39,500 --> 00:58:40,333
I want to sort of talk
156
00:58:40,333 --> 00:58:42,166
about and start with was,
157
00:58:42,166 --> 00:58:42,708
you know, is,
158
00:58:42,708 --> 00:58:44,833
is that early,
159
00:58:44,833 --> 00:58:45,083
you know,
160
00:58:45,083 --> 00:58:46,791
what was the idea
161
00:58:46,791 --> 00:58:47,958
or when did it start
162
00:58:47,958 --> 00:58:49,041
that you,
163
00:58:49,041 --> 00:58:51,583
you had that switch flip
164
00:58:51,583 --> 00:58:52,416
and you were like,
165
00:58:52,416 --> 00:58:52,958
this is it.
166
00:58:52,958 --> 00:58:54,458
I'm a I'm a builder thing.
167
00:58:54,458 --> 00:58:55,916
Like, you know, like take
168
00:58:55,916 --> 00:58:57,750
take me back to the early,
169
00:58:57,750 --> 00:58:58,791
the early Gun
170
00:58:58,791 --> 00:59:00,000
era in that moment
171
00:59:00,000 --> 00:59:01,875
when you sort of started
172
00:59:01,875 --> 00:59:03,333
putting pieces together.
173
00:59:03,333 --> 00:59:03,791
Yeah.
174
00:59:03,791 --> 00:59:06,916
I mean, I've like, given
175
00:59:06,916 --> 00:59:08,541
different sanitized
176
00:59:08,541 --> 00:59:10,458
versions of the story.
177
00:59:10,458 --> 00:59:12,916
And so I'll try to, like,
178
00:59:12,916 --> 00:59:15,291
maybe quickly summarize,
179
00:59:17,125 --> 00:59:18,666
so my friends and I,
180
00:59:18,666 --> 00:59:20,750
one that I met in China
181
00:59:20,750 --> 00:59:22,083
and then one that
182
00:59:22,083 --> 00:59:23,875
I knew from college,
183
00:59:23,875 --> 00:59:24,875
we were always
184
00:59:24,875 --> 00:59:26,000
like, entrepreneurial
185
00:59:26,000 --> 00:59:26,958
and we always, like,
186
00:59:26,958 --> 00:59:28,375
had some interesting things,
187
00:59:28,375 --> 00:59:29,250
like cooking,
188
00:59:29,250 --> 00:59:30,166
like, separately, like,
189
00:59:30,166 --> 00:59:31,625
not even together.
190
00:59:31,625 --> 00:59:34,625
And, you know, I think,
191
00:59:35,000 --> 00:59:36,541
so one of my buddies
192
00:59:36,541 --> 00:59:36,833
and I,
193
00:59:36,833 --> 00:59:37,583
we were working on
194
00:59:37,583 --> 00:59:38,666
a separate business,
195
00:59:38,666 --> 00:59:41,666
basically, like,
196
00:59:41,875 --> 00:59:43,083
have off campus
197
00:59:43,083 --> 00:59:44,958
listing, like, for colleges.
198
00:59:44,958 --> 00:59:46,083
Right. And so we were.
199
00:59:46,083 --> 00:59:47,208
Yeah,
200
00:59:47,208 --> 00:59:48,041
this is a long story,
201
00:59:48,041 --> 00:59:49,041
but it'll tie back
202
00:59:49,041 --> 00:59:49,833
to what you're asking.
203
00:59:49,833 --> 00:59:51,375
Like, we were using WordPress
204
00:59:51,375 --> 00:59:52,791
basically as a directory
205
00:59:52,791 --> 00:59:53,416
to, like,
206
00:59:53,416 --> 00:59:54,583
put these listings on
207
00:59:54,583 --> 00:59:55,875
for like Realtors
208
00:59:55,875 --> 00:59:56,875
that were in small
209
00:59:56,875 --> 00:59:57,708
college towns.
210
00:59:57,708 --> 00:59:59,291
We would charge them a fee,
211
00:59:59,291 --> 01:00:00,500
and we basically ran
212
01:00:00,500 --> 01:00:01,708
up to the limits of what
213
01:00:01,708 --> 01:00:02,666
the tech could do.
214
01:00:02,666 --> 01:00:03,500
So we needed to find
215
01:00:03,500 --> 01:00:05,291
a PHP developer.
216
01:00:05,291 --> 01:00:06,625
And because you know,
217
01:00:06,625 --> 01:00:07,708
we could tinker with it.
218
01:00:07,708 --> 01:00:08,625
We were also working
219
01:00:08,625 --> 01:00:09,500
with a firm
220
01:00:09,500 --> 01:00:10,625
like in Pennsylvania
221
01:00:10,625 --> 01:00:11,833
at the time,
222
01:00:11,833 --> 01:00:12,333
and I think
223
01:00:12,333 --> 01:00:14,000
we were just like,
224
01:00:14,000 --> 01:00:14,958
like, this is a lot
225
01:00:14,958 --> 01:00:15,958
and like vicious,
226
01:00:15,958 --> 01:00:17,041
like so much.
227
01:00:17,041 --> 01:00:17,750
So many people
228
01:00:17,750 --> 01:00:18,750
have that threshold
229
01:00:18,750 --> 01:00:19,458
where they're like,
230
01:00:19,458 --> 01:00:20,916
should I be continuing
231
01:00:20,916 --> 01:00:22,000
to do this on WordPress?
232
01:00:22,000 --> 01:00:23,625
It's so Frankenstein
233
01:00:23,625 --> 01:00:24,833
now that it's like,
234
01:00:24,833 --> 01:00:25,583
I think it's time
235
01:00:25,583 --> 01:00:26,458
to leave for something else.
236
01:00:26,458 --> 01:00:27,375
Yeah, totally.
237
01:00:27,375 --> 01:00:28,250
So, you know, do
238
01:00:28,250 --> 01:00:30,625
we build our own, okay.
239
01:00:30,625 --> 01:00:31,125
What's that going
240
01:00:31,125 --> 01:00:32,583
to look like?
241
01:00:32,583 --> 01:00:35,125
You know, how do we do that?
242
01:00:35,125 --> 01:00:37,791
And so we basically
243
01:00:37,791 --> 01:00:38,791
reached out to my,
244
01:00:38,791 --> 01:00:39,916
to my third buddy,
245
01:00:39,916 --> 01:00:41,083
and I was like, hey,
246
01:00:41,083 --> 01:00:42,083
we need to do this.
247
01:00:42,083 --> 01:00:42,916
And he was like,
248
01:00:42,916 --> 01:00:43,458
oh, that's
249
01:00:43,458 --> 01:00:44,333
that's interesting.
250
01:00:44,333 --> 01:00:44,666
You know, it's
251
01:00:44,666 --> 01:00:46,833
going to cost X, Y, and Z.
252
01:00:46,833 --> 01:00:47,458
And I was like,
253
01:00:47,458 --> 01:00:48,958
that's interesting.
254
01:00:48,958 --> 01:00:49,375
You know,
255
01:00:49,375 --> 01:00:50,416
I don't know, like
256
01:00:50,416 --> 01:00:51,500
I would have to pre-sell
257
01:00:51,500 --> 01:00:51,916
a bunch
258
01:00:51,916 --> 01:00:52,791
more to be able
259
01:00:52,791 --> 01:00:55,041
to afford to do this build.
260
01:00:55,041 --> 01:00:55,708
And I was like,
261
01:00:55,708 --> 01:00:56,375
maybe I need to
262
01:00:56,375 --> 01:00:57,166
take on freelance
263
01:00:57,166 --> 01:00:57,916
work to like,
264
01:00:57,916 --> 01:01:00,375
go basically support us
265
01:01:00,375 --> 01:01:02,000
building this thing.
266
01:01:02,000 --> 01:01:03,083
And so after a series
267
01:01:03,083 --> 01:01:04,041
of conversations,
268
01:01:05,166 --> 01:01:06,166
what we basically came
269
01:01:06,166 --> 01:01:07,625
to is we were like,
270
01:01:07,625 --> 01:01:08,791
the actual idea
271
01:01:08,791 --> 01:01:09,625
is probably
272
01:01:09,625 --> 01:01:11,250
somewhere and like,
273
01:01:11,250 --> 01:01:11,916
we should just
274
01:01:11,916 --> 01:01:12,708
build a business
275
01:01:12,708 --> 01:01:13,708
that enables people
276
01:01:13,708 --> 01:01:14,416
to find like
277
01:01:14,416 --> 01:01:16,125
vetted developers,
278
01:01:16,125 --> 01:01:17,000
because that actually
279
01:01:17,000 --> 01:01:17,666
seems like
280
01:01:17,666 --> 01:01:19,375
way more of a pain point
281
01:01:19,375 --> 01:01:21,000
because I we
282
01:01:21,000 --> 01:01:21,625
that was like
283
01:01:21,625 --> 01:01:23,000
the critical choke point
284
01:01:23,000 --> 01:01:23,333
for us
285
01:01:23,333 --> 01:01:25,666
to be able to do our thing
286
01:01:25,666 --> 01:01:27,458
like as a company. Right.
287
01:01:27,458 --> 01:01:28,041
Wait, what?
288
01:01:28,041 --> 01:01:28,666
And what was that
289
01:01:28,666 --> 01:01:31,333
period between we
290
01:01:31,333 --> 01:01:32,208
we bought a domain,
291
01:01:32,208 --> 01:01:33,750
we set up word WordPress
292
01:01:33,750 --> 01:01:34,416
and then
293
01:01:34,416 --> 01:01:35,708
and then we sort of pivoted
294
01:01:35,708 --> 01:01:36,833
to, to developers.
295
01:01:36,833 --> 01:01:37,916
What was that
296
01:01:37,916 --> 01:01:39,083
times a good question.
297
01:01:39,083 --> 01:01:42,833
It was about a year
298
01:01:43,250 --> 01:01:45,000
into building that off
299
01:01:45,000 --> 01:01:46,000
campus business.
300
01:01:46,000 --> 01:01:48,500
And so like I,
301
01:01:48,500 --> 01:01:50,500
I'm a sales person at heart.
302
01:01:50,500 --> 01:01:53,416
Like my first like action
303
01:01:53,416 --> 01:01:54,500
with the off campus
304
01:01:54,500 --> 01:01:55,458
listing thing
305
01:01:55,458 --> 01:01:55,916
was like
306
01:01:55,916 --> 01:01:56,916
we just one cold
307
01:01:56,916 --> 01:01:57,625
called a bunch of
308
01:01:57,625 --> 01:01:59,208
realtors, right?
309
01:01:59,208 --> 01:02:00,416
And that was it, right?
310
01:02:00,416 --> 01:02:00,958
You just like,
311
01:02:00,958 --> 01:02:02,125
did that eight hours a day.
312
01:02:02,125 --> 01:02:02,583
You funnel
313
01:02:02,583 --> 01:02:03,583
this one after like,
314
01:02:03,583 --> 01:02:04,833
hey, yeah, this thing,
315
01:02:04,833 --> 01:02:05,375
do you want to do
316
01:02:05,375 --> 01:02:06,583
business with us?
317
01:02:06,583 --> 01:02:08,041
I think markets have gotten
318
01:02:08,041 --> 01:02:09,166
more saturated today,
319
01:02:09,166 --> 01:02:09,875
so it's probably
320
01:02:09,875 --> 01:02:10,916
harder to do that.
321
01:02:12,041 --> 01:02:12,958
it's my observation,
322
01:02:12,958 --> 01:02:13,666
but yeah,
323
01:02:13,666 --> 01:02:15,125
I was about a year into that
324
01:02:15,125 --> 01:02:16,000
and we had generated
325
01:02:16,000 --> 01:02:18,083
some revenue. Not much.
326
01:02:18,083 --> 01:02:19,708
and so we
327
01:02:19,708 --> 01:02:20,666
kind of made a decision,
328
01:02:20,666 --> 01:02:22,666
like as a group like, hey,
329
01:02:22,666 --> 01:02:23,333
we should try
330
01:02:23,333 --> 01:02:24,166
this other thing
331
01:02:24,166 --> 01:02:25,916
with vetted developers.
332
01:02:25,916 --> 01:02:26,416
And there were a
333
01:02:26,416 --> 01:02:27,625
couple of companies, like,
334
01:02:27,625 --> 01:02:29,375
kind of doing this already,
335
01:02:29,375 --> 01:02:31,583
like on a very small scale.
336
01:02:31,583 --> 01:02:33,083
the space has since,
337
01:02:33,083 --> 01:02:33,291
you know,
338
01:02:33,291 --> 01:02:34,375
gotten more mature
339
01:02:34,375 --> 01:02:35,875
and people have rebranded
340
01:02:35,875 --> 01:02:37,708
and blah, blah, blah, but,
341
01:02:37,708 --> 01:02:38,416
yeah,
342
01:02:38,416 --> 01:02:39,833
that was this about a year
343
01:02:39,833 --> 01:02:40,666
into operation
344
01:02:40,666 --> 01:02:41,875
that we just basically shut
345
01:02:41,875 --> 01:02:43,583
that concern down,
346
01:02:43,583 --> 01:02:45,166
then basically
347
01:02:45,166 --> 01:02:46,666
made a new concern,
348
01:02:46,666 --> 01:02:49,000
like a new C-Corp
349
01:02:49,000 --> 01:02:51,500
or a C-Corp had the domain
350
01:02:51,500 --> 01:02:53,041
and then, you know,
351
01:02:53,041 --> 01:02:55,333
built a V1 and got after it.
352
01:02:55,333 --> 01:02:56,708
So that's
353
01:02:56,708 --> 01:02:58,541
But who's, who's working
354
01:02:58,541 --> 01:02:59,416
other jobs, who's
355
01:02:59,416 --> 01:03:00,291
doing other things
356
01:03:00,291 --> 01:03:00,916
during this period?
357
01:03:00,916 --> 01:03:01,625
Is everyone
358
01:03:01,625 --> 01:03:01,916
sort of
359
01:03:01,916 --> 01:03:02,708
have a job as an
360
01:03:02,708 --> 01:03:03,625
or how much
361
01:03:03,625 --> 01:03:05,000
what was the focus
362
01:03:05,000 --> 01:03:06,166
during that that year?
363
01:03:06,166 --> 01:03:07,375
And then also into the pivot?
364
01:03:07,375 --> 01:03:08,916
That's a great question. So
365
01:03:11,750 --> 01:03:12,125
at the
366
01:03:12,125 --> 01:03:14,125
time I did
367
01:03:14,125 --> 01:03:15,916
not have another job.
368
01:03:15,916 --> 01:03:18,500
I had some money
369
01:03:18,500 --> 01:03:19,708
that I had saved up
370
01:03:19,708 --> 01:03:20,500
from working
371
01:03:20,500 --> 01:03:23,000
overseas in China.
372
01:03:23,000 --> 01:03:24,708
same with my same
373
01:03:24,708 --> 01:03:26,625
with my other buddy
374
01:03:26,625 --> 01:03:28,416
and then my third buddy,
375
01:03:28,416 --> 01:03:29,958
our, our CTO at the time.
376
01:03:29,958 --> 01:03:31,458
He,
377
01:03:31,458 --> 01:03:32,708
I think he was working on
378
01:03:32,708 --> 01:03:34,166
some freelance contracts.
379
01:03:34,166 --> 01:03:35,625
So he had some
380
01:03:35,625 --> 01:03:36,666
income coming in,
381
01:03:36,666 --> 01:03:39,666
but we were basically like,
382
01:03:39,833 --> 01:03:41,000
we were basically like, hey,
383
01:03:41,000 --> 01:03:41,583
we're going to
384
01:03:41,583 --> 01:03:42,125
like burn
385
01:03:42,125 --> 01:03:43,000
through our savings
386
01:03:43,000 --> 01:03:44,000
for like a year
387
01:03:44,000 --> 01:03:45,666
to get this business scaled.
388
01:03:45,666 --> 01:03:47,000
and like, that was it
389
01:03:47,000 --> 01:03:48,000
you know,
390
01:03:48,000 --> 01:03:49,625
so the definition of all in.
391
01:03:49,625 --> 01:03:52,416
Yeah, yeah, yeah.
392
01:03:52,416 --> 01:03:53,666
Because at the time
393
01:03:53,666 --> 01:03:55,250
we were just like, well,
394
01:03:55,250 --> 01:03:56,416
we'll like bookend it
395
01:03:56,416 --> 01:03:57,833
to a year, right?
396
01:03:57,833 --> 01:03:59,208
And I was pretty confident
397
01:03:59,208 --> 01:03:59,666
that, like,
398
01:03:59,666 --> 01:04:01,458
I could get revenue
399
01:04:01,458 --> 01:04:02,375
into the business
400
01:04:02,375 --> 01:04:04,166
in like two months.
401
01:04:04,166 --> 01:04:04,541
Right.
402
01:04:04,541 --> 01:04:05,958
And so I wasn't
403
01:04:05,958 --> 01:04:07,750
I wasn't worried about
404
01:04:07,750 --> 01:04:11,041
like, is this, is this,
405
01:04:12,333 --> 01:04:13,250
our adventure?
406
01:04:13,250 --> 01:04:14,250
I was more so like,
407
01:04:14,250 --> 01:04:16,833
when will us burning through
408
01:04:16,833 --> 01:04:18,791
like 60 grand of savings
409
01:04:18,791 --> 01:04:21,375
each start to yield,
410
01:04:21,375 --> 01:04:22,875
and generate an income.
411
01:04:22,875 --> 01:04:23,375
But I
412
01:04:23,375 --> 01:04:24,291
kind of figured that, like,
413
01:04:24,291 --> 01:04:27,041
in the first couple of months
414
01:04:27,041 --> 01:04:28,666
into Gun, we could
415
01:04:28,666 --> 01:04:29,666
we could
416
01:04:29,666 --> 01:04:32,416
make enough to where, like,
417
01:04:32,416 --> 01:04:33,708
hey, we should get a grand,
418
01:04:33,708 --> 01:04:34,250
two grand
419
01:04:34,250 --> 01:04:35,541
coming in
420
01:04:35,541 --> 01:04:37,625
that pays for eating,
421
01:04:37,625 --> 01:04:39,375
maybe not rent, you know.
422
01:04:39,375 --> 01:04:41,541
right.
423
01:04:41,541 --> 01:04:42,458
So that's
424
01:04:42,458 --> 01:04:43,041
that's just how
425
01:04:43,041 --> 01:04:44,250
we thought about it.
426
01:04:44,250 --> 01:04:44,541
This is
427
01:04:44,541 --> 01:04:45,833
this was a long time ago,
428
01:04:45,833 --> 01:04:46,958
I think, like,
429
01:04:46,958 --> 01:04:48,500
the markets have changed
430
01:04:48,500 --> 01:04:49,041
tremendously.
431
01:04:49,041 --> 01:04:49,291
Like, it's
432
01:04:49,291 --> 01:04:50,208
very hard to live off
433
01:04:50,208 --> 01:04:51,708
two grand a month.
434
01:04:51,708 --> 01:04:53,000
Yeah. Yeah, totally.
435
01:04:53,000 --> 01:04:55,250
You know, but where did that.
436
01:04:55,250 --> 01:04:56,375
But where did that come from
437
01:04:56,375 --> 01:04:57,583
from a mindset perspective
438
01:04:57,583 --> 01:04:58,625
like and we'll go back
439
01:04:58,625 --> 01:05:00,916
a little bit further but like
440
01:05:00,916 --> 01:05:02,333
is that
441
01:05:02,333 --> 01:05:03,166
have you always sort of
442
01:05:03,166 --> 01:05:04,083
been like what
443
01:05:04,083 --> 01:05:05,166
what got to that place
444
01:05:05,166 --> 01:05:05,875
where you
445
01:05:05,875 --> 01:05:07,000
decided to go into it
446
01:05:07,000 --> 01:05:07,583
and you were like,
447
01:05:07,583 --> 01:05:08,166
let's burn, I'm
448
01:05:08,166 --> 01:05:09,166
going to burn through 60
449
01:05:09,166 --> 01:05:10,791
grand worth of savings
450
01:05:10,791 --> 01:05:11,541
because I know this is going
451
01:05:11,541 --> 01:05:12,750
to work versus that.
452
01:05:12,750 --> 01:05:13,791
Like,
453
01:05:13,791 --> 01:05:14,333
let me test
454
01:05:14,333 --> 01:05:15,041
a little something.
455
01:05:15,041 --> 01:05:15,666
Let me put a little
456
01:05:15,666 --> 01:05:16,500
POC out there.
457
01:05:16,500 --> 01:05:17,583
Let me ask a few customers
458
01:05:17,583 --> 01:05:18,541
if they want it.
459
01:05:18,541 --> 01:05:19,833
Maybe before
460
01:05:19,833 --> 01:05:21,000
I start to dive into it
461
01:05:21,000 --> 01:05:22,041
versus like,
462
01:05:22,041 --> 01:05:23,083
no, I know this is the thing
463
01:05:23,083 --> 01:05:23,833
and I'm going to go do it
464
01:05:23,833 --> 01:05:24,250
and burnout
465
01:05:24,250 --> 01:05:25,041
and burn through all that.
466
01:05:25,041 --> 01:05:27,083
Like, what was is that a
467
01:05:27,083 --> 01:05:28,041
is that how you're built?
468
01:05:28,041 --> 01:05:28,500
Is that something
469
01:05:28,500 --> 01:05:29,416
you learn from a family
470
01:05:29,416 --> 01:05:30,666
perspective or ?
471
01:05:30,666 --> 01:05:32,250
Yeah, that's a good question.
472
01:05:32,250 --> 01:05:33,916
no. No family.
473
01:05:33,916 --> 01:05:34,541
I mean, my
474
01:05:34,541 --> 01:05:35,958
my parents to this day
475
01:05:35,958 --> 01:05:36,583
still think I'm
476
01:05:36,583 --> 01:05:37,583
under-educated
477
01:05:37,583 --> 01:05:38,541
for only having
478
01:05:38,541 --> 01:05:39,291
a bachelor's degree,
479
01:05:39,291 --> 01:05:40,250
which is funny, right?
480
01:05:40,250 --> 01:05:41,291
Because you did
481
01:05:41,291 --> 01:05:43,125
so when you grow up
482
01:05:43,125 --> 01:05:44,000
around Indian people
483
01:05:44,000 --> 01:05:44,416
that like
484
01:05:44,416 --> 01:05:45,625
if you have a masters,
485
01:05:45,625 --> 01:05:46,208
then you're like
486
01:05:46,208 --> 01:05:46,708
starting to be
487
01:05:46,708 --> 01:05:47,583
educated anyway.
488
01:05:47,583 --> 01:05:49,166
So yeah, there's no
489
01:05:49,166 --> 01:05:50,208
entrepreneurial path
490
01:05:50,208 --> 01:05:52,833
in my family generally. So
491
01:05:53,958 --> 01:05:56,791
I think,
492
01:05:56,791 --> 01:05:57,458
this is here on
493
01:05:57,458 --> 01:05:59,958
on the question, it was like,
494
01:05:59,958 --> 01:06:00,458
where did the
495
01:06:00,458 --> 01:06:01,458
mindset come from
496
01:06:01,458 --> 01:06:03,250
of being all in?
497
01:06:03,250 --> 01:06:05,458
I think,
498
01:06:05,458 --> 01:06:08,166
you know, I didn't see like
499
01:06:08,166 --> 01:06:10,291
an, like another alternative.
500
01:06:10,291 --> 01:06:11,416
Like I just in my head
501
01:06:11,416 --> 01:06:11,958
I was like,
502
01:06:11,958 --> 01:06:12,833
I think that we
503
01:06:12,833 --> 01:06:14,333
can make this work.
504
01:06:14,333 --> 01:06:14,833
And I know
505
01:06:14,833 --> 01:06:15,583
I'm gonna work hard
506
01:06:15,583 --> 01:06:16,625
at making it work.
507
01:06:16,625 --> 01:06:18,416
And I mentioned this on,
508
01:06:18,416 --> 01:06:19,916
on another podcast,
509
01:06:19,916 --> 01:06:20,333
but it's like
510
01:06:20,333 --> 01:06:20,916
I was like, man,
511
01:06:20,916 --> 01:06:22,125
if Mark Zuckerberg,
512
01:06:22,125 --> 01:06:23,208
who went to Harvard, like,
513
01:06:23,208 --> 01:06:24,625
can build $1 billion company,
514
01:06:24,625 --> 01:06:25,833
I want his fucking safety
515
01:06:25,833 --> 01:06:26,208
school.
516
01:06:26,208 --> 01:06:26,875
Like, I could build
517
01:06:26,875 --> 01:06:28,375
$1 million business,
518
01:06:28,375 --> 01:06:29,583
like, take me twice as long,
519
01:06:29,583 --> 01:06:30,750
but I know I could do it.
520
01:06:30,750 --> 01:06:31,750
You know what? I'm totally.
521
01:06:31,750 --> 01:06:32,375
Yeah, yeah.
522
01:06:32,375 --> 01:06:33,458
Good team with you.
523
01:06:33,458 --> 01:06:34,958
You got two cool founders
524
01:06:34,958 --> 01:06:35,750
that are good friends.
525
01:06:35,750 --> 01:06:36,583
Like, I don't know, like,
526
01:06:36,583 --> 01:06:37,750
you can make it happen
527
01:06:37,750 --> 01:06:38,541
with three people.
528
01:06:38,541 --> 01:06:42,083
And so, yeah, I think
529
01:06:42,333 --> 01:06:43,875
as far as the implementation,
530
01:06:43,875 --> 01:06:45,166
like POC versus
531
01:06:45,166 --> 01:06:45,833
putting it out there
532
01:06:45,833 --> 01:06:47,541
versus testing,
533
01:06:47,541 --> 01:06:47,791
you know,
534
01:06:47,791 --> 01:06:49,583
I just had a meeting today
535
01:06:49,583 --> 01:06:50,041
and we were
536
01:06:50,041 --> 01:06:50,958
talking about this.
537
01:06:50,958 --> 01:06:52,125
But in a startup,
538
01:06:52,125 --> 01:06:53,208
I kind of think like it's
539
01:06:53,208 --> 01:06:54,083
so important
540
01:06:54,083 --> 01:06:55,125
to like
541
01:06:55,125 --> 01:06:56,125
hold in your head
542
01:06:56,125 --> 01:06:58,208
multiple possibilities.
543
01:06:58,208 --> 01:06:58,625
Right.
544
01:06:58,625 --> 01:07:00,916
And so we basically built
545
01:07:00,916 --> 01:07:01,916
to go to market.
546
01:07:01,916 --> 01:07:04,125
We built the smallest version
547
01:07:04,125 --> 01:07:04,583
of what
548
01:07:04,583 --> 01:07:05,166
I thought
549
01:07:05,166 --> 01:07:06,125
we could sell
550
01:07:06,125 --> 01:07:08,041
to customers at the time,
551
01:07:08,041 --> 01:07:09,416
just like we were like,
552
01:07:09,416 --> 01:07:10,708
what is the smallest
553
01:07:10,708 --> 01:07:12,333
amount of development costs
554
01:07:12,333 --> 01:07:13,083
we can bear,
555
01:07:13,083 --> 01:07:14,750
measured in time
556
01:07:14,750 --> 01:07:15,916
to go to market with,
557
01:07:15,916 --> 01:07:17,125
to generate revenue?
558
01:07:17,125 --> 01:07:17,791
And I knew that.
559
01:07:19,375 --> 01:07:20,125
I knew that if we
560
01:07:20,125 --> 01:07:21,750
could generate revenue,
561
01:07:21,750 --> 01:07:22,708
I could unlock
562
01:07:22,708 --> 01:07:23,500
a whole series
563
01:07:23,500 --> 01:07:24,333
of other things,
564
01:07:24,333 --> 01:07:25,083
like I could get people
565
01:07:25,083 --> 01:07:26,416
excited about it,
566
01:07:26,416 --> 01:07:27,791
I could raise investment,
567
01:07:27,791 --> 01:07:30,333
I could, you know, get debt.
568
01:07:30,333 --> 01:07:31,250
You know, at the time,
569
01:07:31,250 --> 01:07:31,708
I didn't know that
570
01:07:31,708 --> 01:07:32,791
to get company debt, you
571
01:07:32,791 --> 01:07:34,041
and have a personal guarantee
572
01:07:34,041 --> 01:07:34,458
all that stuff
573
01:07:34,458 --> 01:07:35,250
to find out later.
574
01:07:35,250 --> 01:07:36,791
But I was just like, yeah,
575
01:07:36,791 --> 01:07:38,333
if I could get a dollar
576
01:07:38,333 --> 01:07:39,500
out of this business,
577
01:07:39,500 --> 01:07:42,416
I know I could like, sell the
578
01:07:42,416 --> 01:07:43,791
the value to be able
579
01:07:43,791 --> 01:07:44,208
to get the
580
01:07:44,208 --> 01:07:45,250
resources to scale.
581
01:07:45,250 --> 01:07:46,208
So
582
01:07:46,208 --> 01:07:47,875
basically I just try to like
583
01:07:47,875 --> 01:07:48,541
we try to laser
584
01:07:48,541 --> 01:07:49,583
focus on that.
585
01:07:49,583 --> 01:07:50,791
I think
586
01:07:50,791 --> 01:07:52,791
it took us about like
587
01:07:52,791 --> 01:07:53,500
a couple weeks
588
01:07:53,500 --> 01:07:54,166
to get to something,
589
01:07:54,166 --> 01:07:55,166
commercializable
590
01:07:55,166 --> 01:07:56,750
and then we just
591
01:07:56,750 --> 01:07:57,666
kind of the phones.
592
01:07:57,666 --> 01:07:59,041
So it was a very short
593
01:07:59,041 --> 01:07:59,958
turnaround time
594
01:07:59,958 --> 01:08:01,041
to like me being like,
595
01:08:01,041 --> 01:08:01,375
all right,
596
01:08:01,375 --> 01:08:02,375
idea,
597
01:08:02,375 --> 01:08:04,041
let's get this done, let's
598
01:08:04,041 --> 01:08:05,291
execute and scale.
599
01:08:05,291 --> 01:08:06,458
And then
600
01:08:06,458 --> 01:08:08,291
as we got customer feedback,
601
01:08:09,250 --> 01:08:10,166
then we would
602
01:08:10,166 --> 01:08:10,750
we would put
603
01:08:10,750 --> 01:08:11,625
that into the product.
604
01:08:11,625 --> 01:08:12,208
We would iterate
605
01:08:12,208 --> 01:08:13,500
on the product
606
01:08:13,500 --> 01:08:15,000
to try to like
607
01:08:15,000 --> 01:08:16,916
get more revenue. Right.
608
01:08:16,916 --> 01:08:18,500
so like really fast
609
01:08:18,500 --> 01:08:21,500
cycle times between
610
01:08:21,625 --> 01:08:22,708
go to market,
611
01:08:22,708 --> 01:08:23,458
convincing people
612
01:08:23,458 --> 01:08:25,250
to do business with us
613
01:08:25,250 --> 01:08:28,166
and, generating revenue.
614
01:08:28,166 --> 01:08:29,166
So,
615
01:08:29,166 --> 01:08:30,750
that first year,
616
01:08:30,750 --> 01:08:31,333
I think we did like
617
01:08:31,333 --> 01:08:32,708
60 grand in revenue,
618
01:08:32,708 --> 01:08:33,625
something like that.
619
01:08:33,625 --> 01:08:34,541
Amazing.
620
01:08:34,541 --> 01:08:37,333
So yeah.
621
01:08:37,333 --> 01:08:39,166
so 20 grand each basically.
622
01:08:39,166 --> 01:08:39,916
Or like maybe
623
01:08:39,916 --> 01:08:41,916
it was like 15 grand each
624
01:08:41,916 --> 01:08:43,541
plus 20 to the business,
625
01:08:43,541 --> 01:08:43,750
you know,
626
01:08:43,750 --> 01:08:44,708
something like that.
627
01:08:44,708 --> 01:08:45,875
So you can see it,
628
01:08:45,875 --> 01:08:47,250
you can see where it's going.
629
01:08:47,250 --> 01:08:49,166
And even my by covering,
630
01:08:49,166 --> 01:08:49,625
like I said,
631
01:08:49,625 --> 01:08:50,958
some of the personal costs
632
01:08:50,958 --> 01:08:51,541
and expenses
633
01:08:51,541 --> 01:08:52,041
and stuff like that,
634
01:08:52,041 --> 01:08:52,333
you're like,
635
01:08:52,333 --> 01:08:52,750
oh, I can,
636
01:08:52,750 --> 01:08:54,083
I can taste it if we just do,
637
01:08:54,083 --> 01:08:54,416
you know,
638
01:08:54,416 --> 01:08:55,500
if we do twice this,
639
01:08:55,500 --> 01:08:56,875
then that. I'm pretty good.
640
01:08:56,875 --> 01:08:57,625
If we do three times
641
01:08:57,625 --> 01:08:58,666
this, I'm amazing.
642
01:08:58,666 --> 01:08:59,666
Yeah, yeah.
643
01:08:59,666 --> 01:09:01,583
And like, you know, I mean,
644
01:09:01,583 --> 01:09:04,041
it's funny, like, even like,
645
01:09:04,041 --> 01:09:05,125
that's all it is, right?
646
01:09:05,125 --> 01:09:06,208
It's just you and like,
647
01:09:06,208 --> 01:09:07,041
your co-founders
648
01:09:07,041 --> 01:09:08,041
like getting after it,
649
01:09:08,041 --> 01:09:09,250
covering all the bases,
650
01:09:09,250 --> 01:09:09,916
trying to make sure
651
01:09:09,916 --> 01:09:10,791
you guys are focused
652
01:09:10,791 --> 01:09:12,416
on getting revenue.
653
01:09:12,416 --> 01:09:13,250
That's it.
654
01:09:13,250 --> 01:09:13,833
You know.
655
01:09:13,833 --> 01:09:15,750
So that's when it's great.
656
01:09:15,750 --> 01:09:16,791
So it's great
657
01:09:16,791 --> 01:09:17,875
you had a support system
658
01:09:17,875 --> 01:09:19,208
like turn that in your
659
01:09:19,208 --> 01:09:20,708
in your co-founders like yeah
660
01:09:20,708 --> 01:09:21,166
you know
661
01:09:21,166 --> 01:09:21,750
did did
662
01:09:21,750 --> 01:09:22,916
everyone have a little
663
01:09:22,916 --> 01:09:25,041
bit of a role or
664
01:09:25,041 --> 01:09:25,458
you know,
665
01:09:25,458 --> 01:09:27,416
how did that work from,
666
01:09:27,416 --> 01:09:28,916
from sort of emotional
667
01:09:28,916 --> 01:09:30,500
and psychological support
668
01:09:30,500 --> 01:09:32,166
going through the like,
669
01:09:32,166 --> 01:09:33,500
is this going to work?
670
01:09:33,500 --> 01:09:34,208
So, you know, you know,
671
01:09:34,208 --> 01:09:35,333
what's funny is like,
672
01:09:35,333 --> 01:09:37,458
I so I considered myself,
673
01:09:37,458 --> 01:09:38,666
like the least qualified
674
01:09:38,666 --> 01:09:39,916
to be the chief executive,
675
01:09:39,916 --> 01:09:41,125
but I knew both of them
676
01:09:41,125 --> 01:09:41,666
better than they
677
01:09:41,666 --> 01:09:42,500
knew each other.
678
01:09:42,500 --> 01:09:43,583
So I think
679
01:09:43,583 --> 01:09:44,916
they were happy
680
01:09:44,916 --> 01:09:45,458
with me
681
01:09:45,458 --> 01:09:47,875
being in that role, like,
682
01:09:47,875 --> 01:09:49,250
but not either of them,
683
01:09:49,250 --> 01:09:50,125
because they didn't have
684
01:09:50,125 --> 01:09:52,041
that trust yet. Now
685
01:09:53,291 --> 01:09:54,083
maybe they'd tell
686
01:09:54,083 --> 01:09:54,833
it differently.
687
01:09:54,833 --> 01:09:55,666
Maybe they'd be
688
01:09:55,666 --> 01:09:57,000
more charitable and be like,
689
01:09:57,000 --> 01:09:58,250
no, you were fit for it.
690
01:09:58,250 --> 01:09:59,000
But I think, like,
691
01:09:59,000 --> 01:09:59,958
that's just how
692
01:09:59,958 --> 01:10:01,000
things shook out.
693
01:10:01,000 --> 01:10:05,958
but as far as the duties
694
01:10:05,958 --> 01:10:07,458
and not the title goes,
695
01:10:07,458 --> 01:10:08,541
I mean, basically
696
01:10:08,541 --> 01:10:10,250
me and JP, we were
697
01:10:10,250 --> 01:10:12,125
we were on the sales and
698
01:10:12,125 --> 01:10:13,125
I think actually
699
01:10:13,125 --> 01:10:14,833
he was more marketing,
700
01:10:14,833 --> 01:10:16,375
like getting content,
701
01:10:16,375 --> 01:10:17,208
trying to promote
702
01:10:17,208 --> 01:10:18,000
distribution,
703
01:10:18,000 --> 01:10:19,375
trying to increase traffic.
704
01:10:19,375 --> 01:10:21,250
I was more sales and,
705
01:10:21,250 --> 01:10:22,333
and then rich,
706
01:10:22,333 --> 01:10:23,750
who was our CTO
707
01:10:23,750 --> 01:10:24,708
like founding CTO,
708
01:10:24,708 --> 01:10:27,041
he was more technical.
709
01:10:27,041 --> 01:10:27,666
And so we've
710
01:10:27,666 --> 01:10:28,416
kind of covered
711
01:10:28,416 --> 01:10:29,958
different areas.
712
01:10:29,958 --> 01:10:31,333
both me and JP
713
01:10:31,333 --> 01:10:32,125
would be involved in
714
01:10:32,125 --> 01:10:33,291
like the business shit,
715
01:10:33,291 --> 01:10:36,166
like doing our annual filings
716
01:10:36,166 --> 01:10:37,041
and like making sure
717
01:10:37,041 --> 01:10:38,250
we're paying our taxes.
718
01:10:38,250 --> 01:10:38,458
Yeah.
719
01:10:38,458 --> 01:10:39,208
Setting up our
720
01:10:39,208 --> 01:10:40,416
stripe, you know what I mean?
721
01:10:41,750 --> 01:10:42,291
stuff.
722
01:10:42,291 --> 01:10:43,083
And Rich would be
723
01:10:43,083 --> 01:10:44,541
more like in the code.
724
01:10:44,541 --> 01:10:45,791
but we all contributed,
725
01:10:45,791 --> 01:10:46,666
like, across the business,
726
01:10:46,666 --> 01:10:47,791
you know, if, like,
727
01:10:47,791 --> 01:10:49,458
something needed,
728
01:10:49,458 --> 01:10:50,875
like, some copy on the site
729
01:10:50,875 --> 01:10:52,333
needed to be changed
730
01:10:52,333 --> 01:10:53,541
based on what a customer told
731
01:10:53,541 --> 01:10:54,500
us, I would go in there
732
01:10:54,500 --> 01:10:56,208
and I would try to adjust it.
733
01:10:56,208 --> 01:10:57,625
If Rich got an email
734
01:10:57,625 --> 01:10:58,916
with a company,
735
01:10:58,916 --> 01:10:59,208
you know,
736
01:10:59,208 --> 01:11:00,541
he would talk to the account
737
01:11:00,541 --> 01:11:01,666
or he would forward it to me
738
01:11:01,666 --> 01:11:03,000
and JP like we were just,
739
01:11:03,000 --> 01:11:04,500
you know, it's
740
01:11:04,500 --> 01:11:06,083
overlapping concerns
741
01:11:06,083 --> 01:11:06,708
because you're all trying
742
01:11:06,708 --> 01:11:08,333
to grow the business, so.
743
01:11:08,333 --> 01:11:11,208
Right. yeah.
744
01:11:11,208 --> 01:11:11,750
Nice.
745
01:11:11,750 --> 01:11:12,875
What about like
746
01:11:12,875 --> 01:11:14,083
during those early periods
747
01:11:14,083 --> 01:11:15,708
did you have I mean, it
748
01:11:15,708 --> 01:11:17,416
sound like you,
749
01:11:17,416 --> 01:11:18,500
you were pretty confident
750
01:11:18,500 --> 01:11:19,666
in being able to do this.
751
01:11:19,666 --> 01:11:21,000
Did you have
752
01:11:21,000 --> 01:11:21,958
obviously there's there's
753
01:11:21,958 --> 01:11:22,375
the tape
754
01:11:22,375 --> 01:11:23,458
playing in your head,
755
01:11:23,458 --> 01:11:24,208
you know, every now
756
01:11:24,208 --> 01:11:24,791
and then of like,
757
01:11:24,791 --> 01:11:25,666
is this going to work?
758
01:11:25,666 --> 01:11:27,083
Is this what am I doing?
759
01:11:27,083 --> 01:11:27,958
Or like
760
01:11:27,958 --> 01:11:28,958
there's a little bit of that,
761
01:11:28,958 --> 01:11:29,958
but did you ever have
762
01:11:29,958 --> 01:11:30,625
sort of the
763
01:11:30,625 --> 01:11:31,666
the valley periods
764
01:11:31,666 --> 01:11:32,333
where you were like,
765
01:11:32,333 --> 01:11:33,750
I, I really don't know
766
01:11:33,750 --> 01:11:34,291
if this is going
767
01:11:34,291 --> 01:11:34,958
to work or not?
768
01:11:34,958 --> 01:11:35,750
or did
769
01:11:35,750 --> 01:11:37,708
it always feel pretty,
770
01:11:37,708 --> 01:11:39,333
pretty laser focus on like,
771
01:11:39,333 --> 01:11:41,291
I think if I just keep going,
772
01:11:41,291 --> 01:11:42,041
then it's
773
01:11:42,041 --> 01:11:42,875
going to turn into something.
774
01:11:42,875 --> 01:11:43,916
Oh, every year.
775
01:11:43,916 --> 01:11:44,416
I mean, we've been
776
01:11:45,416 --> 01:11:46,458
every year I have
777
01:11:46,458 --> 01:11:48,166
probably a month
778
01:11:48,166 --> 01:11:49,208
where I'm like,
779
01:11:49,208 --> 01:11:52,208
like, f#!%, we're f*%!ed.
780
01:11:52,458 --> 01:11:53,750
I just that's it.
781
01:11:53,750 --> 01:11:54,958
What else should I get into?
782
01:11:54,958 --> 01:11:56,833
Should I do do something else
783
01:11:56,833 --> 01:11:57,750
if that happens?
784
01:11:57,750 --> 01:11:59,000
But I think like
785
01:11:59,000 --> 01:11:59,833
and like also
786
01:11:59,833 --> 01:12:00,416
that happens
787
01:12:00,416 --> 01:12:02,083
in the span of a day
788
01:12:02,083 --> 01:12:03,125
to like you like
789
01:12:03,125 --> 01:12:03,833
get out of a meeting.
790
01:12:03,833 --> 01:12:04,916
You're like super frustrated.
791
01:12:04,916 --> 01:12:05,125
Like,
792
01:12:05,125 --> 01:12:06,375
why isn't this going well?
793
01:12:06,375 --> 01:12:07,208
Like, what's happening?
794
01:12:07,208 --> 01:12:08,333
We have this role,
795
01:12:08,333 --> 01:12:10,166
like a lot of people,
796
01:12:10,166 --> 01:12:11,333
you know, what's
797
01:12:11,333 --> 01:12:12,333
this is
798
01:12:12,333 --> 01:12:15,000
buggy on launch X, Y, Z.
799
01:12:15,000 --> 01:12:15,833
You know, we're
800
01:12:15,833 --> 01:12:17,000
spending too much here.
801
01:12:17,000 --> 01:12:18,083
How did this happen? Why?
802
01:12:18,083 --> 01:12:18,750
They're not financial
803
01:12:18,750 --> 01:12:19,583
controls in place.
804
01:12:19,583 --> 01:12:21,708
Like as a company scales
805
01:12:21,708 --> 01:12:22,166
you just
806
01:12:22,166 --> 01:12:23,708
you still have those moments
807
01:12:23,708 --> 01:12:25,833
and like,
808
01:12:25,833 --> 01:12:26,875
I'm working on this,
809
01:12:26,875 --> 01:12:27,875
but I have a tendency
810
01:12:27,875 --> 01:12:29,125
probably to be like
811
01:12:29,125 --> 01:12:30,708
really reactive.
812
01:12:30,708 --> 01:12:32,458
Honestly,
813
01:12:32,458 --> 01:12:33,625
you have to manage that.
814
01:12:33,625 --> 01:12:34,208
Like,
815
01:12:34,208 --> 01:12:35,000
you have to control
816
01:12:35,000 --> 01:12:35,875
your impulse there.
817
01:12:35,875 --> 01:12:37,083
But this is how I am,
818
01:12:37,083 --> 01:12:38,750
you know, I think you mean.
819
01:12:38,750 --> 01:12:39,458
So you see,
820
01:12:39,458 --> 01:12:40,166
something comes up
821
01:12:40,166 --> 01:12:41,750
and you just want to dig in
822
01:12:41,750 --> 01:12:42,500
and fix it.
823
01:12:42,500 --> 01:12:43,291
I'll take care of this.
824
01:12:43,291 --> 01:12:45,125
I'll say 100% honest.
825
01:12:45,125 --> 01:12:46,041
Yeah, yeah,
826
01:12:46,041 --> 01:12:47,041
it's good in a way.
827
01:12:47,041 --> 01:12:47,750
Like you have to
828
01:12:47,750 --> 01:12:49,916
be like that. But sometimes,
829
01:12:51,083 --> 01:12:52,208
anyway, sometimes
830
01:12:52,208 --> 01:12:53,000
when you do that,
831
01:12:53,000 --> 01:12:54,416
you probably rob people
832
01:12:54,416 --> 01:12:55,583
of being able to do that
833
01:12:55,583 --> 01:12:57,041
and they'll work, you know?
834
01:12:57,041 --> 01:12:58,333
right.
835
01:12:58,333 --> 01:12:58,791
But yeah,
836
01:12:58,791 --> 01:12:59,833
there are always moments,
837
01:12:59,833 --> 01:13:01,041
I mean,
838
01:13:01,041 --> 01:13:02,666
I mean, I remember,
839
01:13:02,666 --> 01:13:04,041
I remember one time
840
01:13:04,041 --> 01:13:06,125
and the journey
841
01:13:06,125 --> 01:13:06,500
is like
842
01:13:06,500 --> 01:13:07,666
maybe year two or year
843
01:13:07,666 --> 01:13:10,666
three of the company, like
844
01:13:10,750 --> 01:13:12,083
we had like
845
01:13:12,083 --> 01:13:13,333
20 K in the bank
846
01:13:13,333 --> 01:13:14,875
or something, maybe,
847
01:13:14,875 --> 01:13:16,208
maybe less actually.
848
01:13:16,208 --> 01:13:19,541
And but we had outstanding
849
01:13:20,208 --> 01:13:22,708
receivable bills of like 70.
850
01:13:22,708 --> 01:13:23,166
Right.
851
01:13:23,166 --> 01:13:24,791
And so
852
01:13:24,791 --> 01:13:26,541
then we also had
853
01:13:26,541 --> 01:13:28,375
outstanding payables
854
01:13:28,375 --> 01:13:31,208
of like 50 or something.
855
01:13:31,208 --> 01:13:32,083
So like right.
856
01:13:32,083 --> 01:13:33,708
How do you manage.
857
01:13:33,708 --> 01:13:35,000
You may have some money
858
01:13:35,000 --> 01:13:35,750
coming in.
859
01:13:35,750 --> 01:13:36,583
You have some money
860
01:13:36,583 --> 01:13:37,750
going out.
861
01:13:37,750 --> 01:13:39,583
You have very little cash.
862
01:13:39,583 --> 01:13:40,458
You have to make your
863
01:13:40,458 --> 01:13:41,875
internal payroll.
864
01:13:41,875 --> 01:13:43,666
And I'm pretty sure
865
01:13:43,666 --> 01:13:44,750
we we pull down
866
01:13:44,750 --> 01:13:46,250
like a couple like
867
01:13:46,250 --> 01:13:48,166
like basically users
868
01:13:48,166 --> 01:13:49,958
interest rate loans
869
01:13:49,958 --> 01:13:52,958
and, you know, just like 20%.
870
01:13:53,416 --> 01:13:55,166
Right? Right. Yeah.
871
01:13:55,166 --> 01:13:56,333
So, you know,
872
01:13:56,333 --> 01:13:57,125
I just need a month.
873
01:13:57,125 --> 01:13:58,333
I just need two months
874
01:13:58,333 --> 01:13:59,333
to like. Yeah.
875
01:13:59,333 --> 01:14:00,583
So many of those moments,
876
01:14:00,583 --> 01:14:01,041
you know,
877
01:14:01,041 --> 01:14:01,708
but that one
878
01:14:01,708 --> 01:14:02,625
moment in particular was like
879
01:14:02,625 --> 01:14:04,708
pretty pretty nerve wracking.
880
01:14:04,708 --> 01:14:06,625
But we've had, you know,
881
01:14:06,625 --> 01:14:08,583
we've had moments like that
882
01:14:08,583 --> 01:14:09,250
through the years.
883
01:14:09,250 --> 01:14:11,375
Now as the business matures,
884
01:14:11,375 --> 01:14:13,041
like one thing
885
01:14:13,041 --> 01:14:14,541
that I've learned is like,
886
01:14:14,541 --> 01:14:16,000
if you have a track record
887
01:14:16,000 --> 01:14:17,541
of like strong and stable
888
01:14:17,541 --> 01:14:19,250
business performance,
889
01:14:19,250 --> 01:14:22,250
like banks, investment firms,
890
01:14:22,250 --> 01:14:23,250
VCs like,
891
01:14:23,250 --> 01:14:24,333
they'll give you money
892
01:14:24,333 --> 01:14:25,166
to execute
893
01:14:25,166 --> 01:14:26,291
as long as you have, like,
894
01:14:26,291 --> 01:14:27,291
proved your mettle
895
01:14:27,291 --> 01:14:28,458
and and your ability
896
01:14:28,458 --> 01:14:30,208
to, like, maneuver.
897
01:14:30,208 --> 01:14:31,958
Thankfully those concerns
898
01:14:31,958 --> 01:14:33,416
as our company has scaled
899
01:14:33,416 --> 01:14:35,041
like like
900
01:14:35,041 --> 01:14:36,416
if you got a good business,
901
01:14:36,416 --> 01:14:37,541
you always have access
902
01:14:37,541 --> 01:14:38,125
to capital.
903
01:14:38,125 --> 01:14:38,666
Now, you may not
904
01:14:38,666 --> 01:14:40,083
like the terms,
905
01:14:40,083 --> 01:14:40,708
but yeah,
906
01:14:40,708 --> 01:14:42,375
like the capital access
907
01:14:42,375 --> 01:14:43,375
to be able to invest
908
01:14:43,375 --> 01:14:44,750
in the company
909
01:14:44,750 --> 01:14:45,458
that stops
910
01:14:45,458 --> 01:14:47,083
being a concern over time.
911
01:14:47,083 --> 01:14:49,166
over time in the early days,
912
01:14:49,166 --> 01:14:49,416
as you're
913
01:14:49,416 --> 01:14:51,416
proving out the business
914
01:14:51,416 --> 01:14:53,000
model, that's tricky.
915
01:14:53,000 --> 01:14:53,541
And you just got
916
01:14:53,541 --> 01:14:54,416
to be scrappy,
917
01:14:54,416 --> 01:14:54,958
you know, pulled
918
01:14:54,958 --> 01:14:56,000
that part of cards,
919
01:14:56,000 --> 01:14:57,500
that whole shit.
920
01:14:57,500 --> 01:14:58,583
Yeah. So, yeah.
921
01:14:58,583 --> 01:15:00,750
So you pay this one off,
922
01:15:00,750 --> 01:15:01,625
and then this one ends up
923
01:15:01,625 --> 01:15:02,291
emailing you
924
01:15:02,291 --> 01:15:03,416
that you can get a zero.
925
01:15:03,416 --> 01:15:04,625
And then you take this one
926
01:15:04,625 --> 01:15:06,291
and then just move out here
927
01:15:06,291 --> 01:15:07,416
and then like it's
928
01:15:07,416 --> 01:15:08,083
the shell game
929
01:15:08,083 --> 01:15:08,833
and I'm sure I'm
930
01:15:08,833 --> 01:15:10,208
sure the shell game
931
01:15:10,208 --> 01:15:11,875
happens at all levels.
932
01:15:11,875 --> 01:15:12,166
Right.
933
01:15:12,166 --> 01:15:12,750
Is I just want to
934
01:15:12,750 --> 01:15:13,666
take a little bit of lesson
935
01:15:13,666 --> 01:15:14,833
and move it to here
936
01:15:14,833 --> 01:15:15,833
and then like,
937
01:15:15,833 --> 01:15:16,083
you know,
938
01:15:16,083 --> 01:15:17,250
until you get the
939
01:15:17,250 --> 01:15:18,000
momentum going.
940
01:15:18,000 --> 01:15:19,041
Yeah, we've done all that.
941
01:15:19,041 --> 01:15:20,541
All that's what we've done.
942
01:15:20,541 --> 01:15:21,291
I've done.
943
01:15:21,291 --> 01:15:22,375
You know, I've
944
01:15:22,375 --> 01:15:24,541
personally guaranteed
945
01:15:24,541 --> 01:15:26,000
I've personally guaranteed
946
01:15:26,000 --> 01:15:26,750
more money
947
01:15:26,750 --> 01:15:29,750
than I ever had in cash.
948
01:15:29,875 --> 01:15:30,625
And I didn't have
949
01:15:30,625 --> 01:15:31,583
any other assets.
950
01:15:31,583 --> 01:15:33,250
So you just do that
951
01:15:33,250 --> 01:15:34,250
stuff to scale.
952
01:15:34,250 --> 01:15:35,333
That's just how it is,
953
01:15:35,333 --> 01:15:35,750
you know.
954
01:15:35,750 --> 01:15:37,791
So and it's so funny.
955
01:15:37,791 --> 01:15:38,208
You know,
956
01:15:38,208 --> 01:15:39,000
we were talking
957
01:15:39,000 --> 01:15:39,791
we were joking earlier
958
01:15:39,791 --> 01:15:40,916
about about founder mode
959
01:15:40,916 --> 01:15:41,791
and that idea.
960
01:15:41,791 --> 01:15:42,375
But I think there's
961
01:15:42,375 --> 01:15:44,208
something to the fact that
962
01:15:44,208 --> 01:15:45,291
if you just
963
01:15:45,291 --> 01:15:46,666
look at it on paper,
964
01:15:47,625 --> 01:15:49,916
someone, a CFO or a
965
01:15:49,916 --> 01:15:51,250
controller, might go
966
01:15:51,250 --> 01:15:53,958
this whole thing is, is not.
967
01:15:53,958 --> 01:15:54,583
No thank you.
968
01:15:54,583 --> 01:15:55,916
Like but still
969
01:15:55,916 --> 01:15:56,666
but in your head,
970
01:15:56,666 --> 01:15:57,291
you sort of you
971
01:15:57,291 --> 01:15:58,416
still you have that vision,
972
01:15:58,416 --> 01:15:58,708
you know where
973
01:15:58,708 --> 01:15:59,291
it's going to go.
974
01:15:59,291 --> 01:16:00,416
You sort of see that roadmap.
975
01:16:00,416 --> 01:16:01,458
You know where you're going
976
01:16:01,458 --> 01:16:03,041
and you don't.
977
01:16:03,041 --> 01:16:04,333
Those things
978
01:16:04,333 --> 01:16:04,958
where it's like
979
01:16:04,958 --> 01:16:06,166
you're guaranteeing more
980
01:16:06,166 --> 01:16:09,166
than you have and is is just
981
01:16:09,375 --> 01:16:11,000
sort of little speed bumps
982
01:16:11,000 --> 01:16:12,833
on, on the road versus
983
01:16:12,833 --> 01:16:13,625
if you were to make
984
01:16:13,625 --> 01:16:15,083
logical decisions
985
01:16:15,083 --> 01:16:16,583
on every single one of those,
986
01:16:16,583 --> 01:16:17,041
then it probably
987
01:16:17,041 --> 01:16:17,833
would have been like,
988
01:16:17,833 --> 01:16:18,666
you should shut it down.
989
01:16:18,666 --> 01:16:19,041
Yeah.
990
01:16:19,041 --> 01:16:20,000
And go work
991
01:16:20,000 --> 01:16:21,041
at a restaurant or, you know.
992
01:16:21,041 --> 01:16:21,208
Yeah.
993
01:16:21,208 --> 01:16:22,791
I mean, what but like,
994
01:16:22,791 --> 01:16:23,250
I don't know,
995
01:16:23,250 --> 01:16:24,375
what is logic
996
01:16:24,375 --> 01:16:26,333
like all new businesses
997
01:16:26,333 --> 01:16:27,708
are basically conditioned
998
01:16:27,708 --> 01:16:29,416
to fail the success rate
999
01:16:29,416 --> 01:16:30,416
is very low.
1000
01:16:30,416 --> 01:16:31,416
Like if you just look
1001
01:16:31,416 --> 01:16:32,833
at the numbers of like
1002
01:16:32,833 --> 01:16:34,041
how many you companies
1003
01:16:34,041 --> 01:16:35,083
succeed
1004
01:16:35,083 --> 01:16:36,291
probabilistically
1005
01:16:36,291 --> 01:16:36,958
it's oriented
1006
01:16:36,958 --> 01:16:37,791
towards failure.
1007
01:16:37,791 --> 01:16:39,833
So if you're just data driven
1008
01:16:39,833 --> 01:16:40,791
and you're approach
1009
01:16:40,791 --> 01:16:41,916
for making decisions
1010
01:16:41,916 --> 01:16:43,000
at an early company,
1011
01:16:43,000 --> 01:16:45,291
like at the macro level,
1012
01:16:45,291 --> 01:16:46,958
you will reason yourself into
1013
01:16:46,958 --> 01:16:48,291
never starting
1014
01:16:48,291 --> 01:16:49,000
you just well,
1015
01:16:49,000 --> 01:16:50,916
because probabilistically
1016
01:16:50,916 --> 01:16:52,041
it's not going to turn out
1017
01:16:52,041 --> 01:16:52,333
well.
1018
01:16:52,333 --> 01:16:53,916
But like
1019
01:16:53,916 --> 01:16:55,375
part of the experience
1020
01:16:55,375 --> 01:16:56,666
of being an entrepreneur,
1021
01:16:56,666 --> 01:16:57,291
at least in
1022
01:16:57,291 --> 01:16:59,250
my experience, is like
1023
01:16:59,250 --> 01:17:00,708
you have to bend
1024
01:17:00,708 --> 01:17:03,083
that likelihood curve, right?
1025
01:17:03,083 --> 01:17:03,416
That's
1026
01:17:03,416 --> 01:17:04,083
what you're trying to do
1027
01:17:04,083 --> 01:17:04,833
every day
1028
01:17:04,833 --> 01:17:06,250
by making good decisions
1029
01:17:06,250 --> 01:17:07,416
every day.
1030
01:17:07,416 --> 01:17:08,333
And, you know,
1031
01:17:08,333 --> 01:17:09,666
you wake up ten years later
1032
01:17:09,666 --> 01:17:10,750
or five years later,
1033
01:17:10,750 --> 01:17:11,833
you know, or two years
1034
01:17:11,833 --> 01:17:12,833
later, like,
1035
01:17:12,833 --> 01:17:14,166
and you're like, okay, cool.
1036
01:17:14,166 --> 01:17:14,666
Like we're on the
1037
01:17:14,666 --> 01:17:16,083
right trajectory for now,
1038
01:17:16,083 --> 01:17:17,458
but markets change.
1039
01:17:17,458 --> 01:17:19,541
Like they evolve.
1040
01:17:19,541 --> 01:17:20,291
So like what
1041
01:17:20,291 --> 01:17:21,291
your strategy is going in
1042
01:17:21,291 --> 01:17:22,250
that year may be different.
1043
01:17:22,250 --> 01:17:23,000
You got to reinvent
1044
01:17:23,000 --> 01:17:23,708
like all that stuff.
1045
01:17:23,708 --> 01:17:24,166
That's true.
1046
01:17:24,166 --> 01:17:25,916
So yeah. Yeah.
1047
01:17:25,916 --> 01:17:27,291
I'll tell you a funny story.
1048
01:17:27,291 --> 01:17:29,208
I once hired a CFO, hired
1049
01:17:29,208 --> 01:17:30,708
a CFO, big name guy,
1050
01:17:30,708 --> 01:17:32,000
and he was recommended
1051
01:17:32,000 --> 01:17:33,958
by, like, one of our staff.
1052
01:17:33,958 --> 01:17:35,083
Cool guy.
1053
01:17:35,083 --> 01:17:37,166
But I was like, okay,
1054
01:17:37,166 --> 01:17:39,166
we hired this big boy CFO.
1055
01:17:39,166 --> 01:17:40,666
He's making a lot of money.
1056
01:17:40,666 --> 01:17:41,666
He's going to make sure
1057
01:17:41,666 --> 01:17:43,125
that we don't fuck up
1058
01:17:43,125 --> 01:17:44,333
and, like, run out of money.
1059
01:17:44,333 --> 01:17:44,666
I'm like,
1060
01:17:44,666 --> 01:17:45,333
that's that's
1061
01:17:45,333 --> 01:17:46,000
job number
1062
01:17:46,000 --> 01:17:47,291
one of a CFO is like,
1063
01:17:47,291 --> 01:17:49,375
I stare at the cash balance.
1064
01:17:49,375 --> 01:17:50,000
I make sure
1065
01:17:50,000 --> 01:17:51,958
all my outflows are good,
1066
01:17:51,958 --> 01:17:53,458
all the inflows are good.
1067
01:17:53,458 --> 01:17:54,125
I make sure
1068
01:17:54,125 --> 01:17:55,250
my options are good.
1069
01:17:55,250 --> 01:17:56,125
As a company,
1070
01:17:56,125 --> 01:17:57,125
you do all the things
1071
01:17:57,125 --> 01:17:58,083
and you tell me,
1072
01:17:58,083 --> 01:17:59,416
is it this or is it this?
1073
01:17:59,416 --> 01:18:00,250
That's all I want to know.
1074
01:18:00,250 --> 01:18:02,000
Is it this or this?
1075
01:18:02,000 --> 01:18:02,583
And like
1076
01:18:02,583 --> 01:18:03,250
and it's funny,
1077
01:18:03,250 --> 01:18:04,750
like I was
1078
01:18:04,750 --> 01:18:05,333
at the time,
1079
01:18:05,333 --> 01:18:07,166
I was like living in New York
1080
01:18:07,166 --> 01:18:07,958
and like,
1081
01:18:07,958 --> 01:18:08,291
you know,
1082
01:18:08,291 --> 01:18:09,416
the team was basically
1083
01:18:09,416 --> 01:18:11,458
still distributed and,
1084
01:18:12,958 --> 01:18:13,875
you know, so
1085
01:18:13,875 --> 01:18:14,333
but I
1086
01:18:14,333 --> 01:18:14,541
was a
1087
01:18:14,541 --> 01:18:15,291
little bit disconnected,
1088
01:18:15,291 --> 01:18:16,333
I think from like the,
1089
01:18:16,333 --> 01:18:18,416
the daily goings on.
1090
01:18:18,416 --> 01:18:20,333
And, you know, my,
1091
01:18:20,333 --> 01:18:21,291
one of my business partners
1092
01:18:21,291 --> 01:18:22,791
calls me, it's like, hey,
1093
01:18:22,791 --> 01:18:26,916
like like X, Y and Z we have
1094
01:18:26,916 --> 01:18:27,625
I don't even remember
1095
01:18:27,625 --> 01:18:28,541
what the issue was,
1096
01:18:28,541 --> 01:18:28,916
but he
1097
01:18:28,916 --> 01:18:29,541
I think he told me
1098
01:18:29,541 --> 01:18:30,416
our cash balance
1099
01:18:30,416 --> 01:18:31,000
and like what
1100
01:18:31,000 --> 01:18:32,541
we were spending that month.
1101
01:18:32,541 --> 01:18:33,000
And he's like,
1102
01:18:33,000 --> 01:18:34,000
I'm kind of concerned.
1103
01:18:34,000 --> 01:18:35,583
And I'm like, wait, what?
1104
01:18:35,583 --> 01:18:35,791
Like,
1105
01:18:35,791 --> 01:18:36,833
why don't you call this
1106
01:18:36,833 --> 01:18:38,166
dude and like, tell him this?
1107
01:18:38,166 --> 01:18:39,625
Like, does he know?
1108
01:18:39,625 --> 01:18:40,125
All right, well,
1109
01:18:40,125 --> 01:18:41,041
I tried to talk to him,
1110
01:18:41,041 --> 01:18:41,750
but he doesn't seem to be
1111
01:18:41,750 --> 01:18:42,833
doing anything about it.
1112
01:18:42,833 --> 01:18:44,333
And I'm like, okay,
1113
01:18:44,333 --> 01:18:46,000
so we did like a meeting
1114
01:18:46,000 --> 01:18:46,750
and I was like, bro, like,
1115
01:18:46,750 --> 01:18:47,708
what is going on?
1116
01:18:47,708 --> 01:18:47,833
Like,
1117
01:18:47,833 --> 01:18:48,458
you're not looking
1118
01:18:48,458 --> 01:18:49,541
at this stuff.
1119
01:18:49,541 --> 01:18:49,875
Yeah.
1120
01:18:49,875 --> 01:18:50,875
And he's like, oh, like,
1121
01:18:50,875 --> 01:18:52,000
I think it'll be fine.
1122
01:18:52,000 --> 01:18:52,958
And I'm like, yeah,
1123
01:18:52,958 --> 01:18:54,333
definitely not. So
1124
01:18:55,708 --> 01:18:56,625
we, you know.
1125
01:18:56,625 --> 01:18:57,625
So needless to say,
1126
01:18:57,625 --> 01:18:58,875
we made some adjustments.
1127
01:18:58,875 --> 01:19:01,625
But,
1128
01:19:01,625 --> 01:19:03,125
even if you bring on a CFO,
1129
01:19:03,125 --> 01:19:04,791
that stuff doesn't go away.
1130
01:19:04,791 --> 01:19:06,708
Like as a, as entrepreneur,
1131
01:19:06,708 --> 01:19:07,833
like you're gonna
1132
01:19:07,833 --> 01:19:08,333
you're going to know
1133
01:19:08,333 --> 01:19:09,416
the context the best
1134
01:19:09,416 --> 01:19:10,375
for what type of risk
1135
01:19:10,375 --> 01:19:10,916
you can take
1136
01:19:10,916 --> 01:19:12,125
that makes sense.
1137
01:19:12,125 --> 01:19:12,583
You know.
1138
01:19:12,583 --> 01:19:13,375
Yeah. That's my belief.
1139
01:19:13,375 --> 01:19:15,583
So all those equations
1140
01:19:15,583 --> 01:19:16,000
that you do
1141
01:19:16,000 --> 01:19:17,375
in your head all the time,
1142
01:19:17,375 --> 01:19:19,833
what is the
1143
01:19:19,833 --> 01:19:22,833
does the ten year ago to,
1144
01:19:25,166 --> 01:19:25,958
Like,
1145
01:19:25,958 --> 01:19:27,083
could you see where
1146
01:19:27,083 --> 01:19:27,916
you're at now?
1147
01:19:27,916 --> 01:19:28,875
Like, is it one of those
1148
01:19:28,875 --> 01:19:29,291
that you would
1149
01:19:29,291 --> 01:19:30,416
imagine yourself and,
1150
01:19:30,416 --> 01:19:31,666
and what you're doing now
1151
01:19:31,666 --> 01:19:32,875
from a CEO perspective
1152
01:19:32,875 --> 01:19:33,500
and because obviously
1153
01:19:33,500 --> 01:19:34,583
the ten year ago
1154
01:19:34,583 --> 01:19:36,375
version was not
1155
01:19:36,375 --> 01:19:38,000
CEO qualified. Yeah.
1156
01:19:38,000 --> 01:19:39,166
And so like getting
1157
01:19:39,166 --> 01:19:39,666
to the place
1158
01:19:39,666 --> 01:19:40,750
you're at like,
1159
01:19:40,750 --> 01:19:42,333
you know, what would
1160
01:19:42,333 --> 01:19:44,000
what would today
1161
01:19:44,000 --> 01:19:45,166
tell the ten year
1162
01:19:45,166 --> 01:19:47,083
ago version of you?
1163
01:19:52,625 --> 01:19:54,125
Ten, ten
1164
01:19:54,125 --> 01:19:54,708
years ago,
1165
01:19:54,708 --> 01:19:56,041
I think, like,
1166
01:19:56,041 --> 01:19:58,833
I had no expectations of,
1167
01:19:58,833 --> 01:19:59,625
like, what
1168
01:19:59,625 --> 01:20:00,583
I would be doing
1169
01:20:00,583 --> 01:20:02,000
in ten years.
1170
01:20:02,000 --> 01:20:02,416
I didn't
1171
01:20:02,416 --> 01:20:03,625
I didn't really know.
1172
01:20:03,625 --> 01:20:06,500
and I think,
1173
01:20:06,500 --> 01:20:07,416
you know,
1174
01:20:07,416 --> 01:20:08,875
I would probably be proud of,
1175
01:20:08,875 --> 01:20:10,000
like, what we've built,
1176
01:20:10,000 --> 01:20:11,000
like, as a team,
1177
01:20:11,000 --> 01:20:12,416
you know, ten years later,
1178
01:20:12,416 --> 01:20:14,000
like, pretty proud of, like,
1179
01:20:14,000 --> 01:20:14,875
you know, what we've done
1180
01:20:14,875 --> 01:20:17,875
for companies and developers?
1181
01:20:19,208 --> 01:20:20,958
but our CTO, by the way,
1182
01:20:20,958 --> 01:20:23,958
sorry, our CTO, by the way,
1183
01:20:24,625 --> 01:20:27,625
first interview with Gun.
1184
01:20:27,708 --> 01:20:28,250
All done.
1185
01:20:28,250 --> 01:20:28,708
Awesome.
1186
01:20:28,708 --> 01:20:30,333
And and Martina has,
1187
01:20:30,333 --> 01:20:31,541
has built an elegant
1188
01:20:31,541 --> 01:20:32,208
machine now.
1189
01:20:32,208 --> 01:20:33,375
So I also think
1190
01:20:33,375 --> 01:20:33,916
thank you for that.
1191
01:20:33,916 --> 01:20:35,333
Tell tell the ten year
1192
01:20:35,333 --> 01:20:37,291
ten year ago version.
1193
01:20:37,291 --> 01:20:38,041
Yeah I will
1194
01:20:38,041 --> 01:20:39,083
thank you that that
1195
01:20:39,083 --> 01:20:40,000
oh hearing that
1196
01:20:40,000 --> 01:20:41,375
because like you know
1197
01:20:41,375 --> 01:20:42,083
one of the,
1198
01:20:42,083 --> 01:20:42,791
one of the
1199
01:20:42,791 --> 01:20:43,916
like reasons why we started
1200
01:20:43,916 --> 01:20:45,333
the company is like
1201
01:20:45,333 --> 01:20:46,666
I didn't grow up
1202
01:20:46,666 --> 01:20:46,916
with like
1203
01:20:46,916 --> 01:20:47,416
a lot of
1204
01:20:47,416 --> 01:20:48,708
economic opportunity.
1205
01:20:48,708 --> 01:20:49,583
So it was
1206
01:20:49,583 --> 01:20:50,416
cool to be able
1207
01:20:50,416 --> 01:20:51,583
to build a business
1208
01:20:51,583 --> 01:20:53,541
that like is fundamentally
1209
01:20:53,541 --> 01:20:55,250
predicated on creating
1210
01:20:55,250 --> 01:20:56,291
economic value
1211
01:20:56,291 --> 01:20:57,791
for like founders
1212
01:20:57,791 --> 01:20:58,833
people scaling companies,
1213
01:20:58,833 --> 01:20:59,666
and for a talent
1214
01:20:59,666 --> 01:21:01,166
that they're hiring
1215
01:21:01,166 --> 01:21:01,791
and working with
1216
01:21:01,791 --> 01:21:02,250
and scaling
1217
01:21:02,250 --> 01:21:03,041
their companies with.
1218
01:21:03,041 --> 01:21:04,833
So it's like we make money.
1219
01:21:04,833 --> 01:21:05,625
If people
1220
01:21:05,625 --> 01:21:06,750
make money together.
1221
01:21:06,750 --> 01:21:07,416
And that's
1222
01:21:07,416 --> 01:21:08,916
that's a really good feeling.
1223
01:21:08,916 --> 01:21:10,208
yeah. So
1224
01:21:11,458 --> 01:21:12,208
yeah, I don't know.
1225
01:21:12,208 --> 01:21:14,333
I mean, I it's funny, like,
1226
01:21:14,333 --> 01:21:15,625
I actually
1227
01:21:15,625 --> 01:21:16,583
I feel like CEO
1228
01:21:16,583 --> 01:21:17,875
is just a role that I play
1229
01:21:17,875 --> 01:21:19,708
for like half my day.
1230
01:21:19,708 --> 01:21:20,750
You know, I don't
1231
01:21:20,750 --> 01:21:21,291
that's not like
1232
01:21:21,291 --> 01:21:22,583
a big part of my identity.
1233
01:21:22,583 --> 01:21:24,083
Like being successful
1234
01:21:24,083 --> 01:21:25,958
and doing my best every day.
1235
01:21:25,958 --> 01:21:27,083
That's important to me.
1236
01:21:27,083 --> 01:21:28,083
But like,
1237
01:21:28,083 --> 01:21:28,416
to me,
1238
01:21:28,416 --> 01:21:31,416
CEO is just like a job title,
1239
01:21:31,500 --> 01:21:32,666
you know?
1240
01:21:32,666 --> 01:21:33,166
that's it.
1241
01:21:33,166 --> 01:21:33,458
I don't
1242
01:21:33,458 --> 01:21:34,291
I don't think too much
1243
01:21:34,291 --> 01:21:35,416
about it, honestly.
1244
01:21:35,416 --> 01:21:35,666
Yeah.
1245
01:21:35,666 --> 01:21:38,625
so yeah, I look at it
1246
01:21:38,625 --> 01:21:38,875
like I'm
1247
01:21:38,875 --> 01:21:39,416
the company's
1248
01:21:39,416 --> 01:21:40,541
chief evangelist.
1249
01:21:40,541 --> 01:21:41,666
You know, I try to.
1250
01:21:41,666 --> 01:21:43,750
Yeah. That's it. So. Yeah.
1251
01:21:43,750 --> 01:21:44,333
And it's funny
1252
01:21:44,333 --> 01:21:45,625
if you, if you take we
1253
01:21:45,625 --> 01:21:46,208
we were talking
1254
01:21:46,208 --> 01:21:47,166
back to the founder mode
1255
01:21:47,166 --> 01:21:48,291
versus sort of manager mode.
1256
01:21:48,291 --> 01:21:48,541
If you,
1257
01:21:48,541 --> 01:21:49,416
if you think about it,
1258
01:21:49,416 --> 01:21:50,083
if you take away
1259
01:21:50,083 --> 01:21:51,375
all the titles
1260
01:21:51,375 --> 01:21:52,791
and all the hierarchy
1261
01:21:52,791 --> 01:21:53,458
and stuff like that, it's
1262
01:21:53,458 --> 01:21:54,333
really just
1263
01:21:54,333 --> 01:21:55,833
for a specific thing.
1264
01:21:55,833 --> 01:21:58,416
You have the most context
1265
01:21:58,416 --> 01:22:00,000
of anyone
1266
01:22:00,000 --> 01:22:01,500
in this area
1267
01:22:01,500 --> 01:22:02,458
for this company.
1268
01:22:02,458 --> 01:22:03,625
So it's like, yeah,
1269
01:22:03,625 --> 01:22:04,375
if we're going to go,
1270
01:22:04,375 --> 01:22:04,958
if we're going to
1271
01:22:04,958 --> 01:22:06,083
make a decision,
1272
01:22:06,083 --> 01:22:07,375
I have the most context.
1273
01:22:07,375 --> 01:22:07,583
Here's
1274
01:22:07,583 --> 01:22:08,458
what we're going to do.
1275
01:22:08,458 --> 01:22:09,666
you know,
1276
01:22:09,666 --> 01:22:10,708
and so it's
1277
01:22:10,708 --> 01:22:11,750
interesting to sort of,
1278
01:22:11,750 --> 01:22:12,625
I think take away
1279
01:22:12,625 --> 01:22:13,666
sometimes all those
1280
01:22:13,666 --> 01:22:14,541
like how
1281
01:22:14,541 --> 01:22:15,625
we think about levels
1282
01:22:15,625 --> 01:22:16,458
and, and,
1283
01:22:16,458 --> 01:22:17,916
and, and career advancement
1284
01:22:17,916 --> 01:22:18,333
and all those,
1285
01:22:18,333 --> 01:22:18,916
especially from
1286
01:22:18,916 --> 01:22:20,500
an entrepreneur perspective,
1287
01:22:20,500 --> 01:22:23,125
that, you know, Mark,
1288
01:22:23,125 --> 01:22:24,166
when when he started
1289
01:22:24,166 --> 01:22:25,208
Facebook and Mark
1290
01:22:25,208 --> 01:22:26,041
and you know what I mean?
1291
01:22:26,041 --> 01:22:26,375
Like, it's
1292
01:22:26,375 --> 01:22:27,375
one of those that it's
1293
01:22:27,375 --> 01:22:28,916
just the most context,
1294
01:22:28,916 --> 01:22:32,708
and, and the mixture of to,
1295
01:22:32,750 --> 01:22:33,583
to your point around
1296
01:22:33,583 --> 01:22:34,208
sort of vision
1297
01:22:34,208 --> 01:22:35,750
and determination and,
1298
01:22:35,750 --> 01:22:36,625
and some of the other
1299
01:22:36,625 --> 01:22:37,416
pieces, but,
1300
01:22:37,416 --> 01:22:39,291
but getting away from,
1301
01:22:39,291 --> 01:22:39,958
from sort of
1302
01:22:39,958 --> 01:22:41,583
what a role should be,
1303
01:22:41,583 --> 01:22:42,875
and just growing into,
1304
01:22:42,875 --> 01:22:44,125
into what you become.
1305
01:22:44,125 --> 01:22:45,083
Yeah, totally.
1306
01:22:45,083 --> 01:22:46,833
I mean, I'm like different
1307
01:22:46,833 --> 01:22:49,125
skill sets for CEOs matter
1308
01:22:49,125 --> 01:22:50,000
at different parts
1309
01:22:50,000 --> 01:22:50,791
of the journey.
1310
01:22:50,791 --> 01:22:51,583
Like, you know,
1311
01:22:51,583 --> 01:22:52,583
if you're a public company
1312
01:22:52,583 --> 01:22:53,416
CEO, like,
1313
01:22:53,416 --> 01:22:54,625
you have to be pretty good,
1314
01:22:54,625 --> 01:22:55,083
I think,
1315
01:22:55,083 --> 01:22:55,708
like managing
1316
01:22:55,708 --> 01:22:56,750
competing interests
1317
01:22:56,750 --> 01:22:57,958
and like
1318
01:22:57,958 --> 01:22:59,000
thinking strategically,
1319
01:22:59,000 --> 01:22:59,750
but performing
1320
01:22:59,750 --> 01:23:01,666
to quarterly expectations,
1321
01:23:01,666 --> 01:23:02,333
right?
1322
01:23:02,333 --> 01:23:03,458
As, as
1323
01:23:03,458 --> 01:23:04,416
as like private
1324
01:23:04,416 --> 01:23:05,583
companies, CEOs,
1325
01:23:05,583 --> 01:23:07,458
startups, CEOs,
1326
01:23:07,458 --> 01:23:09,083
we get the benefit of like
1327
01:23:10,041 --> 01:23:11,125
like we get to
1328
01:23:11,125 --> 01:23:12,708
invest in like a two year,
1329
01:23:12,708 --> 01:23:14,666
three year strategy. Right?
1330
01:23:14,666 --> 01:23:15,291
And so you can
1331
01:23:15,291 --> 01:23:16,875
tolerate the ups and downs.
1332
01:23:16,875 --> 01:23:17,500
And I don't have
1333
01:23:17,500 --> 01:23:18,375
to be political
1334
01:23:18,375 --> 01:23:19,250
with our investors.
1335
01:23:19,250 --> 01:23:20,333
I can be all right.
1336
01:23:20,333 --> 01:23:21,625
This is going shit.
1337
01:23:21,625 --> 01:23:22,958
This is going really well.
1338
01:23:22,958 --> 01:23:24,083
I'm excited about this.
1339
01:23:24,083 --> 01:23:26,125
I need more money over here.
1340
01:23:26,125 --> 01:23:27,333
Like we need to kill
1341
01:23:27,333 --> 01:23:28,458
this part of the work.
1342
01:23:28,458 --> 01:23:29,125
Like I can be
1343
01:23:29,125 --> 01:23:30,041
very straightforward.
1344
01:23:30,041 --> 01:23:30,666
And there, like,
1345
01:23:30,666 --> 01:23:31,875
it sounds good.
1346
01:23:31,875 --> 01:23:33,125
If you're a public company
1347
01:23:33,125 --> 01:23:34,375
CEO, like,
1348
01:23:34,375 --> 01:23:34,791
your board
1349
01:23:34,791 --> 01:23:35,875
can just vote you out
1350
01:23:35,875 --> 01:23:36,416
if, like,
1351
01:23:36,416 --> 01:23:37,125
they're not happy
1352
01:23:37,125 --> 01:23:38,250
with the worst performance
1353
01:23:38,250 --> 01:23:39,166
from multiple quarters
1354
01:23:39,166 --> 01:23:40,833
performance. Right? Right.
1355
01:23:40,833 --> 01:23:41,666
I do think that's
1356
01:23:41,666 --> 01:23:42,875
one of the privileges.
1357
01:23:42,875 --> 01:23:43,750
Like we're like,
1358
01:23:43,750 --> 01:23:44,333
as you say,
1359
01:23:44,333 --> 01:23:44,875
we get to have
1360
01:23:44,875 --> 01:23:45,708
a lot of context
1361
01:23:45,708 --> 01:23:47,250
and make decisions
1362
01:23:47,250 --> 01:23:48,291
about the company
1363
01:23:48,291 --> 01:23:48,916
and it's
1364
01:23:48,916 --> 01:23:50,041
it feels pretty good.
1365
01:23:50,041 --> 01:23:51,083
I'd say that
1366
01:23:51,083 --> 01:23:51,708
that's pretty
1367
01:23:51,708 --> 01:23:52,916
it's pretty dope.
1368
01:23:52,916 --> 01:23:55,916
nice jobs I like so so
1369
01:23:56,416 --> 01:23:58,583
so so coming to present day,
1370
01:23:58,583 --> 01:23:59,833
what is the next
1371
01:23:59,833 --> 01:24:00,500
to that point?
1372
01:24:00,500 --> 01:24:00,958
What's the next
1373
01:24:00,958 --> 01:24:02,000
2 to 3 years look like?
1374
01:24:02,000 --> 01:24:02,416
Like what are
1375
01:24:02,416 --> 01:24:03,083
some of the things
1376
01:24:03,083 --> 01:24:03,833
that you're, you're
1377
01:24:03,833 --> 01:24:04,750
sort of pushing towards.
1378
01:24:04,750 --> 01:24:05,750
Yeah, I mean
1379
01:24:05,750 --> 01:24:07,458
I think from a, from a vision
1380
01:24:07,458 --> 01:24:09,583
standpoint, like,
1381
01:24:09,583 --> 01:24:10,125
at least this is
1382
01:24:10,125 --> 01:24:11,875
the way I see our space
1383
01:24:11,875 --> 01:24:12,291
and like,
1384
01:24:12,291 --> 01:24:13,041
maybe you can,
1385
01:24:13,041 --> 01:24:14,375
you can share
1386
01:24:14,375 --> 01:24:15,833
how your experience has been,
1387
01:24:15,833 --> 01:24:17,125
but it's like
1388
01:24:17,125 --> 01:24:18,375
we have built the company
1389
01:24:18,375 --> 01:24:20,000
basically as an agency first,
1390
01:24:20,000 --> 01:24:21,250
then as a platform.
1391
01:24:21,250 --> 01:24:22,791
And so like we're
1392
01:24:22,791 --> 01:24:24,833
we're building into more
1393
01:24:24,833 --> 01:24:27,041
of a self-serve model.
1394
01:24:27,041 --> 01:24:27,750
And one of the things
1395
01:24:27,750 --> 01:24:29,041
that I notice about,
1396
01:24:29,041 --> 01:24:30,458
like when I go to conferences
1397
01:24:30,458 --> 01:24:30,833
and I meet
1398
01:24:30,833 --> 01:24:31,916
with different leaders
1399
01:24:31,916 --> 01:24:32,958
who are like,
1400
01:24:32,958 --> 01:24:33,291
you know,
1401
01:24:33,291 --> 01:24:36,083
hiring people in this market,
1402
01:24:36,083 --> 01:24:38,250
they are like, hey,
1403
01:24:38,250 --> 01:24:39,958
we want like we like your end
1404
01:24:39,958 --> 01:24:41,166
to end solution.
1405
01:24:41,166 --> 01:24:42,250
But I just want to talk
1406
01:24:42,250 --> 01:24:43,125
to some people.
1407
01:24:43,125 --> 01:24:43,458
I'm like,
1408
01:24:43,458 --> 01:24:44,583
I don't need you to do
1409
01:24:44,583 --> 01:24:46,250
like all this
1410
01:24:46,250 --> 01:24:48,166
a payments compliance.
1411
01:24:48,166 --> 01:24:48,875
I don't need that shit.
1412
01:24:48,875 --> 01:24:49,916
I just want to
1413
01:24:49,916 --> 01:24:50,916
meet some people.
1414
01:24:50,916 --> 01:24:51,625
Maybe I want you to
1415
01:24:51,625 --> 01:24:52,291
vet some of them,
1416
01:24:52,291 --> 01:24:53,333
maybe I don't.
1417
01:24:53,333 --> 01:24:54,916
I have 3 or 4 engineers.
1418
01:24:54,916 --> 01:24:55,958
That will be a part
1419
01:24:55,958 --> 01:24:57,458
of the interview process.
1420
01:24:57,458 --> 01:24:57,958
So I just say
1421
01:24:57,958 --> 01:24:59,583
applicants or,
1422
01:24:59,583 --> 01:25:01,958
hey, I want to hire somebody.
1423
01:25:01,958 --> 01:25:02,708
I need you guys
1424
01:25:02,708 --> 01:25:05,125
to help support cross border.
1425
01:25:05,125 --> 01:25:06,041
I need you to do
1426
01:25:06,041 --> 01:25:07,958
all the compliance for me.
1427
01:25:07,958 --> 01:25:09,083
And so thinking about
1428
01:25:09,083 --> 01:25:10,291
the business is a little bit
1429
01:25:10,291 --> 01:25:11,416
more modular.
1430
01:25:11,416 --> 01:25:12,166
And the next
1431
01:25:12,166 --> 01:25:13,375
arc of the company
1432
01:25:13,375 --> 01:25:14,000
is something
1433
01:25:14,000 --> 01:25:15,166
that like we're working
1434
01:25:15,166 --> 01:25:16,250
through workshopping,
1435
01:25:16,250 --> 01:25:19,375
I would say, just so we can
1436
01:25:20,125 --> 01:25:21,291
we can support more
1437
01:25:21,291 --> 01:25:24,291
use cases, across
1438
01:25:24,500 --> 01:25:27,291
like the hiring landscape
1439
01:25:27,291 --> 01:25:30,083
because H.R recruiting is a
1440
01:25:30,083 --> 01:25:30,708
is a very
1441
01:25:30,708 --> 01:25:32,208
interesting industry
1442
01:25:32,208 --> 01:25:33,666
to be like.
1443
01:25:33,666 --> 01:25:34,166
It is.
1444
01:25:34,166 --> 01:25:34,833
Yeah.
1445
01:25:34,833 --> 01:25:36,416
It's all relationship based.
1446
01:25:36,416 --> 01:25:37,291
There's like very little
1447
01:25:37,291 --> 01:25:38,875
competitive differentiation.
1448
01:25:38,875 --> 01:25:39,750
Right.
1449
01:25:39,750 --> 01:25:40,958
That's that's right
1450
01:25:40,958 --> 01:25:42,291
about recruiting.
1451
01:25:42,291 --> 01:25:44,250
because what we do
1452
01:25:44,250 --> 01:25:46,250
another recruiter can do,
1453
01:25:46,250 --> 01:25:48,500
if they have relationships
1454
01:25:48,500 --> 01:25:48,916
with our,
1455
01:25:48,916 --> 01:25:49,625
with our network,
1456
01:25:49,625 --> 01:25:50,333
I think the strength
1457
01:25:50,333 --> 01:25:50,958
of our business
1458
01:25:50,958 --> 01:25:52,583
is our network and our brand
1459
01:25:52,583 --> 01:25:53,541
and how much developers
1460
01:25:53,541 --> 01:25:54,500
like working with us
1461
01:25:54,500 --> 01:25:55,166
and companies
1462
01:25:55,166 --> 01:25:56,625
like, like y'all
1463
01:25:56,625 --> 01:25:58,958
enjoy working with us, but
1464
01:25:58,958 --> 01:26:00,166
trying to make the business
1465
01:26:00,166 --> 01:26:01,041
more modular
1466
01:26:01,041 --> 01:26:02,250
so we can
1467
01:26:02,250 --> 01:26:02,875
like so
1468
01:26:02,875 --> 01:26:04,791
as you guys scale, like,
1469
01:26:04,791 --> 01:26:05,583
you probably don't
1470
01:26:05,583 --> 01:26:06,916
need a full platform
1471
01:26:06,916 --> 01:26:08,625
and you probably just want
1472
01:26:08,625 --> 01:26:09,958
a couple of developers
1473
01:26:09,958 --> 01:26:10,708
to look at,
1474
01:26:10,708 --> 01:26:12,416
maybe decide to interview.
1475
01:26:12,416 --> 01:26:13,750
Or maybe you're like, hey,
1476
01:26:13,750 --> 01:26:14,250
I want to work
1477
01:26:14,250 --> 01:26:16,708
with a Latin American shop,
1478
01:26:16,708 --> 01:26:18,000
but I don't want to handle
1479
01:26:18,000 --> 01:26:19,000
the compliance piece,
1480
01:26:19,000 --> 01:26:19,916
or I want an audit
1481
01:26:19,916 --> 01:26:20,750
of the work they're doing.
1482
01:26:20,750 --> 01:26:21,791
We want to be a plug
1483
01:26:21,791 --> 01:26:22,500
in and support
1484
01:26:22,500 --> 01:26:23,416
that, basically.
1485
01:26:23,416 --> 01:26:24,625
So that's
1486
01:26:24,625 --> 01:26:25,416
what the next couple of years
1487
01:26:25,416 --> 01:26:26,666
looks like.
1488
01:26:26,666 --> 01:26:27,208
I think it's
1489
01:26:27,208 --> 01:26:28,000
I think it's great.
1490
01:26:28,000 --> 01:26:29,875
And I've actually worked with
1491
01:26:29,875 --> 01:26:30,833
and for and partnered
1492
01:26:30,833 --> 01:26:32,041
with other like,
1493
01:26:32,041 --> 01:26:35,375
hiring and recruiting firms
1494
01:26:35,375 --> 01:26:36,791
and in past lives.
1495
01:26:36,791 --> 01:26:39,125
And so I, I know it
1496
01:26:39,125 --> 01:26:41,750
fairly well and it
1497
01:26:41,750 --> 01:26:43,833
I love the, the modular piece
1498
01:26:43,833 --> 01:26:45,208
because being able to also
1499
01:26:45,208 --> 01:26:46,083
there are times where
1500
01:26:46,083 --> 01:26:47,750
I just want to sort of search
1501
01:26:47,750 --> 01:26:48,625
and get an idea
1502
01:26:48,625 --> 01:26:49,500
of what things
1503
01:26:49,500 --> 01:26:50,208
are looking like.
1504
01:26:50,208 --> 01:26:53,000
And I may sort of like flag
1505
01:26:53,000 --> 01:26:53,875
a couple of people and go,
1506
01:26:53,875 --> 01:26:55,500
this could be interesting.
1507
01:26:55,500 --> 01:26:56,708
but then there are
1508
01:26:56,708 --> 01:26:57,541
other periods
1509
01:26:57,541 --> 01:26:58,500
where, you know,
1510
01:26:58,500 --> 01:27:00,125
if we scale up
1511
01:27:00,125 --> 01:27:00,500
and there's a,
1512
01:27:00,500 --> 01:27:01,375
there's a big curve
1513
01:27:01,375 --> 01:27:02,208
and I need to add,
1514
01:27:02,208 --> 01:27:03,708
you know, get 4 or 5 people.
1515
01:27:03,708 --> 01:27:05,416
by the way, shout,
1516
01:27:05,416 --> 01:27:06,750
shout out to Carrie.
1517
01:27:06,750 --> 01:27:07,291
Amazing.
1518
01:27:07,291 --> 01:27:08,041
yeah,
1519
01:27:08,041 --> 01:27:09,916
I would totally slack
1520
01:27:09,916 --> 01:27:10,958
Carrie and be like,
1521
01:27:10,958 --> 01:27:12,291
I have a need.
1522
01:27:12,291 --> 01:27:13,291
I cannot write you
1523
01:27:13,291 --> 01:27:14,333
all the job descriptions,
1524
01:27:14,333 --> 01:27:15,958
but if I can just loom myself
1525
01:27:15,958 --> 01:27:17,583
talking for a minute, like,
1526
01:27:17,583 --> 01:27:17,916
and that's
1527
01:27:17,916 --> 01:27:19,125
that's literally what we've,
1528
01:27:19,125 --> 01:27:20,333
we've done a couple of times
1529
01:27:20,333 --> 01:27:24,375
and I think total with Gun,
1530
01:27:24,666 --> 01:27:25,791
I've had three interviews
1531
01:27:25,791 --> 01:27:26,666
with three people
1532
01:27:26,666 --> 01:27:27,916
and two of them we hired.
1533
01:27:27,916 --> 01:27:28,666
That's it.
1534
01:27:28,666 --> 01:27:29,250
And so
1535
01:27:29,250 --> 01:27:30,708
and so being able to
1536
01:27:30,708 --> 01:27:32,416
and I know that running
1537
01:27:32,416 --> 01:27:34,375
HR at larger firms
1538
01:27:34,375 --> 01:27:34,875
where I was,
1539
01:27:34,875 --> 01:27:36,083
I was in charge of operations
1540
01:27:36,083 --> 01:27:37,208
and hiring,
1541
01:27:37,208 --> 01:27:38,458
I would go through those.
1542
01:27:38,458 --> 01:27:38,916
It was a
1543
01:27:38,916 --> 01:27:40,166
it was a two month cycle,
1544
01:27:40,166 --> 01:27:40,666
having someone
1545
01:27:40,666 --> 01:27:41,416
come into the office.
1546
01:27:41,416 --> 01:27:42,500
And so nice to meet you.
1547
01:27:42,500 --> 01:27:43,375
Can I get you some water
1548
01:27:43,375 --> 01:27:43,750
and why don't you
1549
01:27:43,750 --> 01:27:44,333
sit down here,
1550
01:27:44,333 --> 01:27:45,416
whatever it is,
1551
01:27:45,416 --> 01:27:46,416
and to be able to sort of
1552
01:27:46,416 --> 01:27:48,375
get more into this like,
1553
01:27:48,375 --> 01:27:49,916
no, just
1554
01:27:49,916 --> 01:27:50,666
help me sort of
1555
01:27:50,666 --> 01:27:51,416
figure this out
1556
01:27:51,416 --> 01:27:52,791
or let me sort of
1557
01:27:52,791 --> 01:27:53,750
figure it out for a minute.
1558
01:27:53,750 --> 01:27:54,625
And to be able to flex
1559
01:27:54,625 --> 01:27:56,625
in that is, is is so great
1560
01:27:56,625 --> 01:27:58,583
because it's never just one
1561
01:27:58,583 --> 01:27:59,083
or the other.
1562
01:27:59,083 --> 01:28:00,083
there's,
1563
01:28:00,083 --> 01:28:00,583
there's always
1564
01:28:00,583 --> 01:28:01,750
different cycles.
1565
01:28:01,750 --> 01:28:03,041
And sometimes, like I said,
1566
01:28:03,041 --> 01:28:04,250
it may be like, I'm
1567
01:28:04,250 --> 01:28:04,666
going to send you
1568
01:28:04,666 --> 01:28:06,750
a video of what I need,
1569
01:28:06,750 --> 01:28:07,250
or I'm going to
1570
01:28:07,250 --> 01:28:08,625
just send you a big write up.
1571
01:28:08,625 --> 01:28:09,750
And if you can just help me
1572
01:28:09,750 --> 01:28:10,250
solve this,
1573
01:28:10,250 --> 01:28:10,958
that would be great.
1574
01:28:10,958 --> 01:28:11,958
And then other times
1575
01:28:11,958 --> 01:28:13,000
that, like, I want to,
1576
01:28:13,000 --> 01:28:13,416
you know, I'm
1577
01:28:13,416 --> 01:28:14,125
looking for something
1578
01:28:14,125 --> 01:28:15,083
very specific
1579
01:28:15,083 --> 01:28:16,416
and I want to sort of pick
1580
01:28:16,416 --> 01:28:17,208
through it myself.
1581
01:28:17,208 --> 01:28:19,000
And so I like that
1582
01:28:19,000 --> 01:28:19,916
and I like that approach.
1583
01:28:19,916 --> 01:28:21,000
That's awesome. Yeah.
1584
01:28:21,000 --> 01:28:21,958
You mean like
1585
01:28:21,958 --> 01:28:22,750
even before
1586
01:28:22,750 --> 01:28:23,750
you look at people,
1587
01:28:23,750 --> 01:28:24,833
you may want to look at like
1588
01:28:24,833 --> 01:28:25,791
what's compensation
1589
01:28:25,791 --> 01:28:26,375
looking like.
1590
01:28:26,375 --> 01:28:26,958
Like how much do
1591
01:28:26,958 --> 01:28:27,750
I need to budget.
1592
01:28:27,750 --> 01:28:28,708
And so
1593
01:28:28,708 --> 01:28:29,875
yeah, you know, we
1594
01:28:29,875 --> 01:28:31,000
we have a database
1595
01:28:31,000 --> 01:28:32,500
of all of the compensation
1596
01:28:32,500 --> 01:28:34,125
of all everybody that's ever
1597
01:28:34,125 --> 01:28:34,791
gotten hired
1598
01:28:34,791 --> 01:28:35,791
across the world.
1599
01:28:35,791 --> 01:28:37,125
And so I'm
1600
01:28:37,125 --> 01:28:38,750
just exposing that to you
1601
01:28:38,750 --> 01:28:39,208
before
1602
01:28:39,208 --> 01:28:40,916
you're even ready to hire
1603
01:28:40,916 --> 01:28:41,500
like that
1604
01:28:41,500 --> 01:28:43,416
will help you size and budget
1605
01:28:43,416 --> 01:28:44,041
and then
1606
01:28:44,041 --> 01:28:45,250
see when you can time
1607
01:28:45,250 --> 01:28:45,958
certain things
1608
01:28:45,958 --> 01:28:47,875
before you even enter into
1609
01:28:47,875 --> 01:28:48,500
a hiring motion,
1610
01:28:48,500 --> 01:28:49,291
because that's costly.
1611
01:28:49,291 --> 01:28:50,666
That takes
1612
01:28:50,666 --> 01:28:52,166
time away from other stuff.
1613
01:28:52,166 --> 01:28:54,041
And so that's some of the.
1614
01:28:54,041 --> 01:28:55,041
Yeah, I mean, to your point,
1615
01:28:55,041 --> 01:28:55,666
that's some of the
1616
01:28:55,666 --> 01:28:56,333
thinking around
1617
01:28:56,333 --> 01:28:58,041
the modularity piece.
1618
01:28:58,041 --> 01:28:58,875
At least,
1619
01:28:58,875 --> 01:28:59,666
you know, the way we'll do it
1620
01:28:59,666 --> 01:29:00,625
is when we put together
1621
01:29:00,625 --> 01:29:01,791
our annual roadmap
1622
01:29:01,791 --> 01:29:02,958
every year,
1623
01:29:02,958 --> 01:29:04,166
we'll budget in roles
1624
01:29:04,166 --> 01:29:05,666
at certain times of the year.
1625
01:29:05,666 --> 01:29:06,375
Right.
1626
01:29:06,375 --> 01:29:08,083
So if you're layering
1627
01:29:08,083 --> 01:29:09,416
in a cost,
1628
01:29:09,416 --> 01:29:09,833
let's say
1629
01:29:09,833 --> 01:29:11,541
in April of the next year,
1630
01:29:11,541 --> 01:29:12,416
you want to know what
1631
01:29:12,416 --> 01:29:13,750
that ongoing cost is,
1632
01:29:13,750 --> 01:29:14,833
because you need to be able
1633
01:29:14,833 --> 01:29:15,458
to put that
1634
01:29:15,458 --> 01:29:16,375
in your financial plan.
1635
01:29:16,375 --> 01:29:17,708
Right. So, right.
1636
01:29:17,708 --> 01:29:19,958
yeah.
1637
01:29:19,958 --> 01:29:21,916
that's cool.
1638
01:29:21,916 --> 01:29:23,125
You guys would loom
1639
01:29:23,125 --> 01:29:24,166
like your Rex.
1640
01:29:24,166 --> 01:29:25,416
That's cool, that's awesome.
1641
01:29:25,416 --> 01:29:26,208
I don't know that.
1642
01:29:26,208 --> 01:29:27,625
Well, I, I,
1643
01:29:27,625 --> 01:29:28,791
I think in this,
1644
01:29:28,791 --> 01:29:29,625
you know, it's interesting,
1645
01:29:29,625 --> 01:29:31,208
this return back to office
1646
01:29:31,208 --> 01:29:31,666
kind of like
1647
01:29:31,666 --> 01:29:32,583
everyone needs like
1648
01:29:32,583 --> 01:29:33,375
the office.
1649
01:29:33,375 --> 01:29:34,083
I really think
1650
01:29:34,083 --> 01:29:34,625
it's one of those
1651
01:29:34,625 --> 01:29:36,541
that that we still have
1652
01:29:36,541 --> 01:29:37,833
a level of management
1653
01:29:37,833 --> 01:29:39,083
that is just used to like
1654
01:29:39,083 --> 01:29:39,708
seeing people
1655
01:29:39,708 --> 01:29:40,583
and having meetings
1656
01:29:40,583 --> 01:29:41,583
and talking and being like,
1657
01:29:41,583 --> 01:29:42,000
I know
1658
01:29:42,000 --> 01:29:43,750
that things are working
1659
01:29:43,750 --> 01:29:44,708
in the,
1660
01:29:44,708 --> 01:29:45,916
you know, with using
1661
01:29:45,916 --> 01:29:46,958
tools appropriately.
1662
01:29:46,958 --> 01:29:47,958
Thinking about slack,
1663
01:29:47,958 --> 01:29:48,708
I use slack
1664
01:29:48,708 --> 01:29:50,333
audio messages all the time.
1665
01:29:50,333 --> 01:29:50,625
Right.
1666
01:29:50,625 --> 01:29:51,333
I'll just like,
1667
01:29:51,333 --> 01:29:52,041
I'm in the car,
1668
01:29:52,041 --> 01:29:52,583
I'm on the go, I'm
1669
01:29:52,583 --> 01:29:53,125
picking up the kids
1670
01:29:53,125 --> 01:29:53,916
from school
1671
01:29:53,916 --> 01:29:55,166
and I'll record something.
1672
01:29:55,166 --> 01:29:56,125
I've done this for Carrie.
1673
01:29:56,125 --> 01:29:56,625
I she could
1674
01:29:56,625 --> 01:29:57,666
she can attest, I'll.
1675
01:29:57,666 --> 01:29:58,500
I'll just record
1676
01:29:58,500 --> 01:30:00,333
like a minute as I'm driving.
1677
01:30:00,333 --> 01:30:01,125
I'll hit it. I'll go.
1678
01:30:01,125 --> 01:30:01,750
Hey, so
1679
01:30:01,750 --> 01:30:02,541
this is what I was thinking.
1680
01:30:02,541 --> 01:30:03,500
If we could look for
1681
01:30:03,500 --> 01:30:04,625
somebody like this
1682
01:30:04,625 --> 01:30:05,750
and then this.
1683
01:30:05,750 --> 01:30:06,833
But I want to make sure
1684
01:30:06,833 --> 01:30:07,791
that this and this
1685
01:30:07,791 --> 01:30:08,333
and send it
1686
01:30:08,333 --> 01:30:09,750
and slack transcribes it,
1687
01:30:09,750 --> 01:30:10,708
and then she can basically
1688
01:30:10,708 --> 01:30:12,041
just read it and goes, cool,
1689
01:30:12,041 --> 01:30:12,416
sounds good.
1690
01:30:12,416 --> 01:30:13,916
I'll look for it tomorrow.
1691
01:30:13,916 --> 01:30:14,791
And then she sends over
1692
01:30:14,791 --> 01:30:15,833
a few things like, it's
1693
01:30:15,833 --> 01:30:17,125
so different than I think
1694
01:30:17,125 --> 01:30:17,958
traditionally,
1695
01:30:17,958 --> 01:30:18,916
especially even
1696
01:30:18,916 --> 01:30:20,041
five years ago or more,
1697
01:30:20,041 --> 01:30:21,375
where it was very
1698
01:30:21,375 --> 01:30:22,250
I had an email
1699
01:30:22,250 --> 01:30:23,583
from a recruiter.
1700
01:30:23,583 --> 01:30:24,625
Do you have time to meet
1701
01:30:24,625 --> 01:30:25,041
this week?
1702
01:30:25,041 --> 01:30:26,083
I'd love to meet with you.
1703
01:30:26,083 --> 01:30:26,708
And then I'm going
1704
01:30:26,708 --> 01:30:27,166
to send over
1705
01:30:27,166 --> 01:30:29,333
a stack of resumes.
1706
01:30:29,333 --> 01:30:29,708
If you can,
1707
01:30:29,708 --> 01:30:30,791
please review those.
1708
01:30:30,791 --> 01:30:31,208
You know what I mean?
1709
01:30:31,208 --> 01:30:32,250
It was just this long
1710
01:30:32,250 --> 01:30:33,500
sort of cycle
1711
01:30:33,500 --> 01:30:34,166
to get to where
1712
01:30:34,166 --> 01:30:35,000
I wanted to get to,
1713
01:30:35,000 --> 01:30:36,833
which was just like,
1714
01:30:36,833 --> 01:30:37,916
send a couple of people over
1715
01:30:37,916 --> 01:30:39,666
and let us talk like this.
1716
01:30:39,666 --> 01:30:40,375
And this is how
1717
01:30:40,375 --> 01:30:41,333
I ended up doing it anyway,
1718
01:30:41,333 --> 01:30:42,250
because from a resume
1719
01:30:42,250 --> 01:30:43,250
perspective,
1720
01:30:43,250 --> 01:30:44,083
you know, things
1721
01:30:44,083 --> 01:30:45,458
kind of blur sometimes,
1722
01:30:45,458 --> 01:30:47,000
but you really start to,
1723
01:30:47,000 --> 01:30:48,333
to meet someone,
1724
01:30:48,333 --> 01:30:50,125
you know, over video chat
1725
01:30:50,125 --> 01:30:51,416
or in person, and,
1726
01:30:51,416 --> 01:30:52,833
and it goes much quicker,
1727
01:30:52,833 --> 01:30:54,041
but basically compressing
1728
01:30:54,041 --> 01:30:54,708
that time
1729
01:30:54,708 --> 01:30:55,833
of all the formalities
1730
01:30:55,833 --> 01:30:56,666
that we do as
1731
01:30:56,666 --> 01:30:58,000
a, you know, as a large
1732
01:30:58,000 --> 01:30:59,833
recruiting firm versus
1733
01:30:59,833 --> 01:31:00,625
let's just sort of use
1734
01:31:00,625 --> 01:31:01,250
the tools that we have.
1735
01:31:01,250 --> 01:31:02,333
Now, let's cut to the chase,
1736
01:31:02,333 --> 01:31:03,375
let's get right down to it,
1737
01:31:03,375 --> 01:31:04,166
and I'll give you that.
1738
01:31:04,166 --> 01:31:05,125
And then
1739
01:31:05,125 --> 01:31:05,750
and it saves
1740
01:31:05,750 --> 01:31:06,916
from a company perspective,
1741
01:31:06,916 --> 01:31:07,458
it saves us
1742
01:31:07,458 --> 01:31:09,416
both overhead hours. Yeah.
1743
01:31:09,416 --> 01:31:11,000
of of all
1744
01:31:11,000 --> 01:31:12,083
the sort of formalities
1745
01:31:12,083 --> 01:31:12,708
that go into things
1746
01:31:12,708 --> 01:31:13,375
sometimes. Yeah.
1747
01:31:13,375 --> 01:31:14,500
A time, you know,
1748
01:31:14,500 --> 01:31:15,708
the cool thing is actually,
1749
01:31:15,708 --> 01:31:16,666
I'm pretty excited
1750
01:31:16,666 --> 01:31:17,208
about this
1751
01:31:17,208 --> 01:31:18,250
last scheduling
1752
01:31:18,250 --> 01:31:20,750
in the app, like tomorrow.
1753
01:31:20,750 --> 01:31:21,958
So if you need to schedule
1754
01:31:21,958 --> 01:31:22,791
your interviews,
1755
01:31:22,791 --> 01:31:23,791
that's all done,
1756
01:31:23,791 --> 01:31:25,666
like automatically
1757
01:31:25,666 --> 01:31:26,666
which yeah,
1758
01:31:26,666 --> 01:31:28,791
I have log time want that
1759
01:31:28,791 --> 01:31:29,416
because I hate
1760
01:31:29,416 --> 01:31:31,250
scheduling stuff in-store.
1761
01:31:31,250 --> 01:31:31,458
Yeah.
1762
01:31:31,458 --> 01:31:32,708
And so
1763
01:31:32,708 --> 01:31:33,541
you know,
1764
01:31:33,541 --> 01:31:34,625
like how do we not have
1765
01:31:34,625 --> 01:31:35,666
a calendar integration
1766
01:31:35,666 --> 01:31:36,500
in this app.
1767
01:31:36,500 --> 01:31:37,208
That's crazy.
1768
01:31:37,208 --> 01:31:38,958
So I'm a big I'm
1769
01:31:38,958 --> 01:31:40,125
a big calendly.
1770
01:31:40,125 --> 01:31:40,791
I have like
1771
01:31:40,791 --> 01:31:42,250
five different calendars
1772
01:31:42,250 --> 01:31:42,750
and they're all
1773
01:31:42,750 --> 01:31:43,666
sort of set up. Right.
1774
01:31:43,666 --> 01:31:44,458
But it is one of those
1775
01:31:44,458 --> 01:31:44,916
that like
1776
01:31:44,916 --> 01:31:46,458
I love more than anything.
1777
01:31:46,458 --> 01:31:47,125
If someone said
1778
01:31:47,125 --> 01:31:47,833
we should totally meet
1779
01:31:47,833 --> 01:31:48,500
about that,
1780
01:31:48,500 --> 01:31:49,458
take about three seconds
1781
01:31:49,458 --> 01:31:50,250
and you got my link,
1782
01:31:50,250 --> 01:31:50,750
I'm like,
1783
01:31:50,750 --> 01:31:51,708
you know, find a time
1784
01:31:51,708 --> 01:31:52,541
that works. Yeah.
1785
01:31:52,541 --> 01:31:53,875
Like just compressing
1786
01:31:53,875 --> 01:31:54,625
that versus going
1787
01:31:54,625 --> 01:31:56,208
is Tuesday afternoon.
1788
01:31:56,208 --> 01:31:57,083
Let me let me get my,
1789
01:31:57,083 --> 01:31:58,416
you know, or whatever. Yeah.
1790
01:31:58,416 --> 01:32:00,333
yeah.
1791
01:32:00,333 --> 01:32:02,666
So, amazing.
1792
01:32:02,666 --> 01:32:04,083
So let's go,
1793
01:32:04,083 --> 01:32:05,041
let's let's hit,
1794
01:32:05,041 --> 01:32:07,583
your one, so 0 to 1.
1795
01:32:08,666 --> 01:32:09,833
When, when did you
1796
01:32:09,833 --> 01:32:11,125
feel like you hit that?
1797
01:32:11,125 --> 01:32:12,125
Sort of like.
1798
01:32:12,125 --> 01:32:14,541
I'm not I'm not wondering.
1799
01:32:14,541 --> 01:32:15,916
I'm not guessing.
1800
01:32:15,916 --> 01:32:17,541
Was it was it post
1801
01:32:17,541 --> 01:32:19,041
first raise second raise.
1802
01:32:19,041 --> 01:32:19,541
Was it
1803
01:32:19,541 --> 01:32:20,958
like a certain milestone
1804
01:32:20,958 --> 01:32:21,500
that you got to
1805
01:32:21,500 --> 01:32:22,791
where you went like,
1806
01:32:22,791 --> 01:32:25,791
okay, waters are are calm.
1807
01:32:26,708 --> 01:32:27,750
I can see forward.
1808
01:32:27,750 --> 01:32:29,041
I'm not really worried about,
1809
01:32:29,041 --> 01:32:30,666
you know, covering payroll
1810
01:32:30,666 --> 01:32:31,333
by moving around
1811
01:32:31,333 --> 01:32:32,250
the shell game or whatever
1812
01:32:32,250 --> 01:32:32,958
like heavy.
1813
01:32:32,958 --> 01:32:33,875
Was there a period
1814
01:32:33,875 --> 01:32:34,666
where you got to that
1815
01:32:34,666 --> 01:32:35,541
and you were like, okay,
1816
01:32:35,541 --> 01:32:36,458
I can breathe for a second
1817
01:32:36,458 --> 01:32:37,458
now it's time to grow. Yeah.
1818
01:32:37,458 --> 01:32:38,291
I think,
1819
01:32:38,291 --> 01:32:38,500
it was
1820
01:32:38,500 --> 01:32:41,375
when we probably hit like,
1821
01:32:41,375 --> 01:32:41,916
you know,
1822
01:32:41,916 --> 01:32:43,666
so our revenue is like
1823
01:32:43,666 --> 01:32:44,541
so, you know, recruiting
1824
01:32:44,541 --> 01:32:45,583
from some, like a gross
1825
01:32:45,583 --> 01:32:47,125
top line revenue, right.
1826
01:32:47,125 --> 01:32:48,291
Which basically
1827
01:32:48,291 --> 01:32:50,083
market like they call it
1828
01:32:50,083 --> 01:32:50,666
GMP in
1829
01:32:50,666 --> 01:32:52,500
marketplace businesses.
1830
01:32:52,500 --> 01:32:53,958
And then we have a split
1831
01:32:53,958 --> 01:32:55,625
that's like to the business
1832
01:32:55,625 --> 01:32:57,166
not to the developers. Right.
1833
01:32:57,166 --> 01:32:58,583
And so
1834
01:32:58,583 --> 01:32:59,541
we call that line
1835
01:32:59,541 --> 01:33:00,583
item net revenue.
1836
01:33:00,583 --> 01:33:02,208
So from a net revenue basis
1837
01:33:02,208 --> 01:33:03,750
I think we were doing like
1838
01:33:04,791 --> 01:33:08,416
15200
1839
01:33:08,416 --> 01:33:09,208
a year,
1840
01:33:09,208 --> 01:33:10,250
something like this
1841
01:33:10,250 --> 01:33:11,875
probably year
1842
01:33:11,875 --> 01:33:12,916
like probably halfway
1843
01:33:12,916 --> 01:33:15,916
in the year three I think.
1844
01:33:16,250 --> 01:33:19,958
and that was the year
1845
01:33:19,958 --> 01:33:21,083
that I,
1846
01:33:21,083 --> 01:33:23,000
and I set up the team on 50
1847
01:33:23,000 --> 01:33:24,666
K, your salaries.
1848
01:33:24,666 --> 01:33:26,750
I was like, cool.
1849
01:33:26,750 --> 01:33:27,666
They have employment
1850
01:33:27,666 --> 01:33:28,833
contracts,
1851
01:33:28,833 --> 01:33:30,166
we have salaries
1852
01:33:30,166 --> 01:33:33,041
as a payroll provider.
1853
01:33:33,041 --> 01:33:34,458
Real money. Yeah. Yeah.
1854
01:33:34,458 --> 01:33:36,708
I was like, yeah, I think so.
1855
01:33:36,708 --> 01:33:37,958
That's like that maybe a year
1856
01:33:37,958 --> 01:33:38,500
two and a half.
1857
01:33:38,500 --> 01:33:40,083
And so that was the time
1858
01:33:40,083 --> 01:33:40,625
when I was like,
1859
01:33:40,625 --> 01:33:42,125
you know what.
1860
01:33:42,125 --> 01:33:44,041
And this all goes to shit.
1861
01:33:44,041 --> 01:33:46,250
Like I knew that we could go
1862
01:33:46,250 --> 01:33:47,916
and make salaries.
1863
01:33:47,916 --> 01:33:49,000
And I also like, knew
1864
01:33:49,000 --> 01:33:49,625
that we could go
1865
01:33:49,625 --> 01:33:50,833
build something else
1866
01:33:50,833 --> 01:33:51,625
because we've done it
1867
01:33:51,625 --> 01:33:53,375
once before
1868
01:33:53,375 --> 01:33:56,041
and also at that time, like,
1869
01:33:56,041 --> 01:33:57,666
this is how I've always been.
1870
01:33:57,666 --> 01:33:59,166
and the pandemic
1871
01:33:59,166 --> 01:34:00,333
is just a little bit harder.
1872
01:34:00,333 --> 01:34:02,125
But I'll take every meeting
1873
01:34:02,125 --> 01:34:03,291
like somebody wants to meet.
1874
01:34:03,291 --> 01:34:04,375
I'll take that meeting.
1875
01:34:04,375 --> 01:34:04,875
I don't even know
1876
01:34:04,875 --> 01:34:05,958
what the fuck I'm doing it.
1877
01:34:05,958 --> 01:34:08,958
But like all things of it,
1878
01:34:09,083 --> 01:34:10,041
yeah, it will be value
1879
01:34:10,041 --> 01:34:10,916
add for them, value
1880
01:34:10,916 --> 01:34:12,083
add for us. Right?
1881
01:34:12,083 --> 01:34:13,625
And so
1882
01:34:13,625 --> 01:34:14,125
it just take
1883
01:34:14,125 --> 01:34:14,875
a lot of meetings
1884
01:34:14,875 --> 01:34:16,083
and I think,
1885
01:34:16,083 --> 01:34:17,416
you know, and the
1886
01:34:17,416 --> 01:34:18,416
it's still true today.
1887
01:34:18,416 --> 01:34:18,916
But if you're
1888
01:34:18,916 --> 01:34:19,708
running a business
1889
01:34:19,708 --> 01:34:21,000
and you're an entrepreneur
1890
01:34:21,000 --> 01:34:22,166
like companies
1891
01:34:22,166 --> 01:34:23,250
want to meet with
1892
01:34:23,250 --> 01:34:24,375
you just to explore,
1893
01:34:24,375 --> 01:34:25,333
see what's interesting.
1894
01:34:25,333 --> 01:34:26,416
And like, yeah,
1895
01:34:26,416 --> 01:34:28,250
they will give you an offer,
1896
01:34:28,250 --> 01:34:28,583
right.
1897
01:34:28,583 --> 01:34:28,916
Maybe
1898
01:34:28,916 --> 01:34:29,875
it's like an offer
1899
01:34:29,875 --> 01:34:31,250
for 25 grand
1900
01:34:31,250 --> 01:34:32,791
for the whole business.
1901
01:34:32,791 --> 01:34:33,541
Maybe it's like,
1902
01:34:33,541 --> 01:34:35,666
hey, come take a job with us.
1903
01:34:35,666 --> 01:34:36,791
What if you've turned
1904
01:34:38,000 --> 01:34:38,541
nothing
1905
01:34:38,541 --> 01:34:40,166
into something that is, like,
1906
01:34:40,166 --> 01:34:41,666
impressive in its own right?
1907
01:34:41,666 --> 01:34:43,916
And by then, like, by year,
1908
01:34:43,916 --> 01:34:45,083
maybe by a year or two,
1909
01:34:45,083 --> 01:34:45,208
like,
1910
01:34:45,208 --> 01:34:46,416
we've already had those
1911
01:34:46,416 --> 01:34:47,541
validation points
1912
01:34:47,541 --> 01:34:48,208
where, like, people like,
1913
01:34:48,208 --> 01:34:49,083
oh, that's interesting.
1914
01:34:49,083 --> 01:34:50,875
You just come do this for us,
1915
01:34:50,875 --> 01:34:51,416
you know,
1916
01:34:51,416 --> 01:34:52,708
we'll take care of a team,
1917
01:34:52,708 --> 01:34:53,541
blah, blah, blah.
1918
01:34:53,541 --> 01:34:55,791
And so I think like
1919
01:34:55,791 --> 01:34:56,875
we got that,
1920
01:34:56,875 --> 01:34:58,166
like since I've taken
1921
01:34:58,166 --> 01:34:59,541
every possible meeting
1922
01:34:59,541 --> 01:35:00,916
that ever comes across
1923
01:35:00,916 --> 01:35:02,250
or I meet with somebody
1924
01:35:02,250 --> 01:35:02,583
like, hey,
1925
01:35:02,583 --> 01:35:03,625
you should talk to so-and-so.
1926
01:35:03,625 --> 01:35:05,083
I talked to that person.
1927
01:35:05,083 --> 01:35:05,583
They're like me
1928
01:35:05,583 --> 01:35:06,250
with this person,
1929
01:35:06,250 --> 01:35:07,833
and you do all that.
1930
01:35:07,833 --> 01:35:08,625
Somebody along
1931
01:35:08,625 --> 01:35:09,166
the way is like,
1932
01:35:09,166 --> 01:35:10,041
hey, this is interesting.
1933
01:35:10,041 --> 01:35:10,666
Why don't you just come
1934
01:35:10,666 --> 01:35:12,166
do this for our company?
1935
01:35:12,166 --> 01:35:14,208
You just end up
1936
01:35:14,208 --> 01:35:15,708
like you get the validation.
1937
01:35:15,708 --> 01:35:16,250
I think,
1938
01:35:16,250 --> 01:35:17,375
even if the financials
1939
01:35:17,375 --> 01:35:18,541
don't reflect it yet.
1940
01:35:18,541 --> 01:35:19,625
so. Right.
1941
01:35:19,625 --> 01:35:20,583
So my viewpoint is
1942
01:35:20,583 --> 01:35:22,583
I maybe the extractable
1943
01:35:22,583 --> 01:35:24,375
principle is like,
1944
01:35:24,375 --> 01:35:25,250
people advise you
1945
01:35:25,250 --> 01:35:26,291
to stay focused
1946
01:35:26,291 --> 01:35:28,166
and to stay, like, on a path
1947
01:35:28,166 --> 01:35:28,958
that you really have
1948
01:35:28,958 --> 01:35:30,291
conviction in.
1949
01:35:30,291 --> 01:35:30,916
But I tend to
1950
01:35:30,916 --> 01:35:31,625
just think, like,
1951
01:35:31,625 --> 01:35:33,416
meet with everybody,
1952
01:35:33,416 --> 01:35:34,791
share what you're working
1953
01:35:34,791 --> 01:35:36,000
on, you know,
1954
01:35:36,000 --> 01:35:37,500
talk about what's exciting,
1955
01:35:37,500 --> 01:35:38,250
spend some time
1956
01:35:38,250 --> 01:35:39,083
and framing it in
1957
01:35:39,083 --> 01:35:40,083
a way that they care.
1958
01:35:40,083 --> 01:35:42,333
But generally if you do that,
1959
01:35:42,333 --> 01:35:43,041
like you will
1960
01:35:43,041 --> 01:35:44,250
develop confidence
1961
01:35:44,250 --> 01:35:45,458
or you'll pivot
1962
01:35:45,458 --> 01:35:46,958
really quickly into something
1963
01:35:46,958 --> 01:35:48,708
that is maybe
1964
01:35:48,708 --> 01:35:49,583
more interesting.
1965
01:35:49,583 --> 01:35:50,833
so yeah,
1966
01:35:50,833 --> 01:35:52,041
by the time
1967
01:35:52,041 --> 01:35:54,750
we were on year three, we,
1968
01:35:54,750 --> 01:35:55,750
I was like,
1969
01:35:55,750 --> 01:35:56,583
this something,
1970
01:35:56,583 --> 01:35:56,958
I don't know
1971
01:35:56,958 --> 01:35:58,416
how big it will be.
1972
01:35:58,416 --> 01:35:59,083
Yeah, like
1973
01:35:59,083 --> 01:36:01,208
but it's something for sure.
1974
01:36:01,208 --> 01:36:02,083
Yeah, yeah
1975
01:36:02,083 --> 01:36:03,291
I'm sure, I'm sure there's a,
1976
01:36:03,291 --> 01:36:04,458
there's also a moment of
1977
01:36:04,458 --> 01:36:05,750
just like exhale
1978
01:36:05,750 --> 01:36:07,166
where to your point.
1979
01:36:07,166 --> 01:36:09,833
Like payrolls just running
1980
01:36:09,833 --> 01:36:11,625
not getting paid
1981
01:36:11,625 --> 01:36:12,500
and you know what I mean.
1982
01:36:12,500 --> 01:36:13,666
And and that you get
1983
01:36:13,666 --> 01:36:14,916
to sort of take a breath
1984
01:36:14,916 --> 01:36:15,791
that you got to that point.
1985
01:36:15,791 --> 01:36:16,666
And I could see that
1986
01:36:16,666 --> 01:36:18,083
as just a big chapter change.
1987
01:36:18,083 --> 01:36:19,583
Also that probably yes,
1988
01:36:19,583 --> 01:36:20,833
propelled you to go, okay.
1989
01:36:20,833 --> 01:36:21,666
Now. Now what?
1990
01:36:21,666 --> 01:36:22,250
You know what I mean.
1991
01:36:22,250 --> 01:36:23,041
Like, let's take this
1992
01:36:23,041 --> 01:36:23,666
and run with it.
1993
01:36:23,666 --> 01:36:24,250
I'm not having to
1994
01:36:24,250 --> 01:36:24,708
sort of walk
1995
01:36:24,708 --> 01:36:26,041
uphill the whole time,
1996
01:36:26,041 --> 01:36:26,583
which is.
1997
01:36:26,583 --> 01:36:27,458
That's awesome. Yeah.
1998
01:36:27,458 --> 01:36:30,291
The and this depends on
1999
01:36:30,291 --> 01:36:31,041
this depends
2000
01:36:31,041 --> 01:36:33,250
on like every industry.
2001
01:36:33,250 --> 01:36:35,125
But what I have found is like
2002
01:36:36,166 --> 01:36:37,958
VCs in particular,
2003
01:36:37,958 --> 01:36:39,416
they really care about
2004
01:36:39,416 --> 01:36:40,291
like what is your
2005
01:36:40,291 --> 01:36:42,500
competitive differentiation,
2006
01:36:42,500 --> 01:36:43,458
what is unique
2007
01:36:43,458 --> 01:36:44,666
about your product.
2008
01:36:44,666 --> 01:36:46,041
And like you will spend
2009
01:36:46,041 --> 01:36:48,000
a lot of cycles
2010
01:36:48,000 --> 01:36:49,916
thinking about the market,
2011
01:36:49,916 --> 01:36:52,208
thinking about what to build,
2012
01:36:52,208 --> 01:36:53,500
spending cycles
2013
01:36:53,500 --> 01:36:55,083
on, how it's being built.
2014
01:36:55,083 --> 01:36:56,083
Exactly,
2015
01:36:56,083 --> 01:36:56,875
and at least
2016
01:36:56,875 --> 01:36:57,875
for our business.
2017
01:36:57,875 --> 01:36:59,000
And I probably came to this
2018
01:36:59,000 --> 01:37:00,333
like a couple years too late.
2019
01:37:00,333 --> 01:37:01,000
Like, you remember this
2020
01:37:01,000 --> 01:37:01,625
in the early days
2021
01:37:01,625 --> 01:37:02,541
and you forget as you're
2022
01:37:02,541 --> 01:37:04,208
scaling and like, reemerges.
2023
01:37:04,208 --> 01:37:05,375
But yeah,
2024
01:37:05,375 --> 01:37:07,000
what I found is like,
2025
01:37:07,000 --> 01:37:09,000
if you just meet with people
2026
01:37:09,000 --> 01:37:09,708
and they like
2027
01:37:09,708 --> 01:37:11,291
what you're up to,
2028
01:37:11,291 --> 01:37:12,375
they will find a way
2029
01:37:12,375 --> 01:37:13,791
to tell you how you need
2030
01:37:13,791 --> 01:37:14,750
to improve your product
2031
01:37:14,750 --> 01:37:16,375
to get their business
2032
01:37:16,375 --> 01:37:17,083
for asset.
2033
01:37:17,083 --> 01:37:18,375
And the differentiation
2034
01:37:18,375 --> 01:37:18,833
piece, like,
2035
01:37:18,833 --> 01:37:21,125
kind of takes care of itself.
2036
01:37:21,125 --> 01:37:22,916
If you're a customer focused,
2037
01:37:22,916 --> 01:37:24,541
like customer value focused.
2038
01:37:25,958 --> 01:37:27,708
so
2039
01:37:27,708 --> 01:37:28,750
yeah, I mean,
2040
01:37:28,750 --> 01:37:29,000
it's like,
2041
01:37:29,000 --> 01:37:29,500
what's the difference
2042
01:37:29,500 --> 01:37:31,708
between OpenAI
2043
01:37:31,708 --> 01:37:33,500
and any of the other labs?
2044
01:37:33,500 --> 01:37:34,375
There's no difference.
2045
01:37:34,375 --> 01:37:34,958
They just from
2046
01:37:34,958 --> 01:37:35,666
a lot of money,
2047
01:37:35,666 --> 01:37:36,708
they were first to market.
2048
01:37:36,708 --> 01:37:37,666
They have the relationships
2049
01:37:37,666 --> 01:37:38,208
to scale it.
2050
01:37:38,208 --> 01:37:39,583
Like that's it. Yeah.
2051
01:37:39,583 --> 01:37:40,125
You know,
2052
01:37:40,125 --> 01:37:40,916
no,
2053
01:37:40,916 --> 01:37:43,791
that's how I think about it.
2054
01:37:43,791 --> 01:37:44,916
So what's
2055
01:37:44,916 --> 01:37:45,250
so let's
2056
01:37:45,250 --> 01:37:45,791
go to the,
2057
01:37:45,791 --> 01:37:47,458
the let's go to the beyond
2058
01:37:47,458 --> 01:37:48,375
the 2 to 3 years.
2059
01:37:48,375 --> 01:37:50,666
Can you see
2060
01:37:50,666 --> 01:37:52,458
can you see yourself,
2061
01:37:52,458 --> 01:37:53,041
you know,
2062
01:37:53,041 --> 01:37:55,416
either, 10
2063
01:37:55,416 --> 01:37:55,916
or 20 years
2064
01:37:55,916 --> 01:37:56,916
in the future, like,
2065
01:37:56,916 --> 01:37:58,666
either beyond Gun or,
2066
01:37:58,666 --> 01:38:00,375
you know, or retirement.
2067
01:38:00,375 --> 01:38:01,041
Can you see yourself
2068
01:38:01,041 --> 01:38:02,208
retiring at any point,
2069
01:38:02,208 --> 01:38:03,416
or would you see yourself
2070
01:38:03,416 --> 01:38:04,708
just doing this again?
2071
01:38:04,708 --> 01:38:05,958
Or,
2072
01:38:05,958 --> 01:38:06,666
what does the future
2073
01:38:06,666 --> 01:38:07,500
look like?
2074
01:38:07,500 --> 01:38:08,583
sort of beyond
2075
01:38:08,583 --> 01:38:09,416
ten years from now?
2076
01:38:09,416 --> 01:38:09,708
Yeah.
2077
01:38:09,708 --> 01:38:10,791
I mean, I would say like,
2078
01:38:10,791 --> 01:38:12,166
I've been
2079
01:38:12,166 --> 01:38:13,875
I've been pretty lucky.
2080
01:38:13,875 --> 01:38:14,875
Like, our team is,
2081
01:38:14,875 --> 01:38:15,708
pretty lucky, like,
2082
01:38:15,708 --> 01:38:17,375
from a financial dimension.
2083
01:38:17,375 --> 01:38:18,833
Like, we've kind of.
2084
01:38:18,833 --> 01:38:21,041
We've rode the remote wave.
2085
01:38:21,041 --> 01:38:21,750
We operated
2086
01:38:21,750 --> 01:38:23,541
during the Covid boom
2087
01:38:23,541 --> 01:38:24,541
this last year.
2088
01:38:24,541 --> 01:38:25,041
And I would say
2089
01:38:25,041 --> 01:38:25,916
this year is a little bit
2090
01:38:25,916 --> 01:38:26,666
more challenging
2091
01:38:26,666 --> 01:38:28,000
and staffing.
2092
01:38:28,000 --> 01:38:28,500
But, you know,
2093
01:38:28,500 --> 01:38:29,625
you have to take a broad,
2094
01:38:29,625 --> 01:38:30,791
broad view on these things.
2095
01:38:30,791 --> 01:38:32,333
I think I mean, for me,
2096
01:38:33,375 --> 01:38:34,375
you know, I do this
2097
01:38:34,375 --> 01:38:35,250
not because of the
2098
01:38:35,250 --> 01:38:37,458
financial reasons.
2099
01:38:37,458 --> 01:38:38,708
I do this because it's fun.
2100
01:38:38,708 --> 01:38:40,041
But there will probably be
2101
01:38:40,041 --> 01:38:41,583
a point
2102
01:38:41,583 --> 01:38:43,166
in the next couple of years
2103
01:38:43,166 --> 01:38:44,500
where, like,
2104
01:38:44,500 --> 01:38:45,625
either
2105
01:38:45,625 --> 01:38:47,416
I am not well suited to
2106
01:38:47,416 --> 01:38:48,291
like work
2107
01:38:48,291 --> 01:38:48,916
12 hours
2108
01:38:48,916 --> 01:38:49,875
a day
2109
01:38:49,875 --> 01:38:51,208
or, you know,
2110
01:38:51,208 --> 01:38:52,708
like the company gets bigger
2111
01:38:52,708 --> 01:38:53,708
than, like what
2112
01:38:53,708 --> 01:38:55,375
I'm able to
2113
01:38:55,375 --> 01:38:57,291
add value to and like.
2114
01:38:57,291 --> 01:38:59,625
And then maybe it's time to,
2115
01:38:59,625 --> 01:39:00,416
you know,
2116
01:39:00,416 --> 01:39:01,833
bring in somebody
2117
01:39:01,833 --> 01:39:03,958
from another background or,
2118
01:39:03,958 --> 01:39:04,250
you know,
2119
01:39:04,250 --> 01:39:05,333
consider a transition
2120
01:39:05,333 --> 01:39:06,250
or something like that.
2121
01:39:06,250 --> 01:39:07,916
But like my
2122
01:39:07,916 --> 01:39:09,166
but I will tell you, like,
2123
01:39:09,166 --> 01:39:10,333
this is dude,
2124
01:39:10,333 --> 01:39:13,458
who runs SoftBank.
2125
01:39:14,000 --> 01:39:15,250
And like they've gone
2126
01:39:15,250 --> 01:39:16,083
in the process
2127
01:39:16,083 --> 01:39:16,791
for like making
2128
01:39:16,791 --> 01:39:17,875
some poor investments.
2129
01:39:17,875 --> 01:39:20,000
But I like the founder.
2130
01:39:20,000 --> 01:39:22,166
founders worldview
2131
01:39:22,166 --> 01:39:23,000
where he's like,
2132
01:39:23,000 --> 01:39:24,833
he wants to build like a 100
2133
01:39:24,833 --> 01:39:27,125
year business, right.
2134
01:39:27,125 --> 01:39:27,875
and that's the way
2135
01:39:27,875 --> 01:39:28,291
that I think
2136
01:39:28,291 --> 01:39:30,291
about our company as, like,
2137
01:39:30,291 --> 01:39:31,458
whether or not I'm
2138
01:39:31,458 --> 01:39:33,708
at the helm of that company.
2139
01:39:33,708 --> 01:39:35,958
no matter what shape
2140
01:39:35,958 --> 01:39:37,666
the company takes,
2141
01:39:37,666 --> 01:39:38,291
I feel like
2142
01:39:38,291 --> 01:39:39,666
I owe it to the market
2143
01:39:39,666 --> 01:39:41,666
based on what we do
2144
01:39:41,666 --> 01:39:43,125
to set up the company
2145
01:39:43,125 --> 01:39:45,708
to be an ongoing concern
2146
01:39:45,708 --> 01:39:47,708
for the next 90 years.
2147
01:39:47,708 --> 01:39:48,291
So that's
2148
01:39:48,291 --> 01:39:48,916
that's what I try
2149
01:39:48,916 --> 01:39:49,750
to spend my day
2150
01:39:49,750 --> 01:39:50,416
thinking about.
2151
01:39:50,416 --> 01:39:50,791
Generally,
2152
01:39:50,791 --> 01:39:51,250
when I make
2153
01:39:51,250 --> 01:39:52,958
strategic decisions,
2154
01:39:52,958 --> 01:39:54,166
I think about it like,
2155
01:39:55,166 --> 01:39:56,541
like this is
2156
01:39:56,541 --> 01:39:57,916
a 2 to 3 year
2157
01:39:57,916 --> 01:39:59,541
arc that we're pivoting
2158
01:39:59,541 --> 01:40:01,375
to, to realize an opportunity
2159
01:40:01,375 --> 01:40:02,666
that I see based on
2160
01:40:02,666 --> 01:40:04,375
market conditions.
2161
01:40:04,375 --> 01:40:05,666
Now we're going to execute on
2162
01:40:05,666 --> 01:40:08,083
for like a three year period,
2163
01:40:08,083 --> 01:40:11,083
but directionally sets us up
2164
01:40:11,291 --> 01:40:11,916
to continue
2165
01:40:11,916 --> 01:40:12,625
to operate
2166
01:40:12,625 --> 01:40:15,000
against a 100 year vision.
2167
01:40:15,000 --> 01:40:16,041
so that that's just how
2168
01:40:16,041 --> 01:40:16,750
I think about it.
2169
01:40:16,750 --> 01:40:17,791
Like,
2170
01:40:17,791 --> 01:40:19,916
I yeah, I just
2171
01:40:19,916 --> 01:40:20,875
I want the company around
2172
01:40:20,875 --> 01:40:21,625
for a long time
2173
01:40:21,625 --> 01:40:22,791
whether or not I'm involved,
2174
01:40:22,791 --> 01:40:23,208
whether or not
2175
01:40:23,208 --> 01:40:24,166
my family is involved,
2176
01:40:24,166 --> 01:40:25,833
whether or not my coworkers
2177
01:40:25,833 --> 01:40:26,708
today are involved.
2178
01:40:26,708 --> 01:40:26,875
Like,
2179
01:40:26,875 --> 01:40:28,583
I want the company to
2180
01:40:28,583 --> 01:40:29,583
continue on,
2181
01:40:29,583 --> 01:40:30,333
at least
2182
01:40:30,333 --> 01:40:31,333
for the next ninety years.
2183
01:40:31,333 --> 01:40:33,291
So nice. Yeah.
2184
01:40:33,291 --> 01:40:34,041
Amazing.
2185
01:40:34,041 --> 01:40:35,666
Well, that's a that's a
2186
01:40:35,666 --> 01:40:36,791
that's a good vision to have.
2187
01:40:36,791 --> 01:40:38,916
And, you know,
2188
01:40:38,916 --> 01:40:39,416
that's a good,
2189
01:40:39,416 --> 01:40:40,833
that's a good,
2190
01:40:41,958 --> 01:40:43,083
thought to
2191
01:40:43,083 --> 01:40:44,000
leave people with is,
2192
01:40:44,000 --> 01:40:45,625
is that 90 or 100 year vision
2193
01:40:45,625 --> 01:40:45,875
when you,
2194
01:40:45,875 --> 01:40:47,000
when you start into it.
2195
01:40:47,000 --> 01:40:48,208
And I love
2196
01:40:48,208 --> 01:40:49,375
I love that ten years ago
2197
01:40:49,375 --> 01:40:50,541
you were like, okay, I'm
2198
01:40:50,541 --> 01:40:50,833
all in
2199
01:40:50,833 --> 01:40:51,125
and I'm going
2200
01:40:51,125 --> 01:40:51,875
to start doing this.
2201
01:40:51,875 --> 01:40:53,416
And you know,
2202
01:40:53,416 --> 01:40:53,833
you've gotten to
2203
01:40:53,833 --> 01:40:54,916
where you're at now.
2204
01:40:54,916 --> 01:40:56,041
And I love the company.
2205
01:40:56,041 --> 01:40:57,583
and,
2206
01:40:57,583 --> 01:40:58,375
and I love that
2207
01:40:58,375 --> 01:40:59,666
that you're setting up for,
2208
01:40:59,666 --> 01:41:00,791
for the long term success.
2209
01:41:00,791 --> 01:41:03,250
So, amazing.
2210
01:41:03,250 --> 01:41:03,541
And you're
2211
01:41:03,541 --> 01:41:04,458
coming into New York.
2212
01:41:04,458 --> 01:41:06,416
Yeah. tonight.
2213
01:41:06,416 --> 01:41:07,458
So, yeah,
2214
01:41:07,458 --> 01:41:09,083
I leave that
2215
01:41:09,083 --> 01:41:10,916
640 Nashville time,
2216
01:41:10,916 --> 01:41:11,958
so I'll ping you
2217
01:41:11,958 --> 01:41:12,500
when I'm there.
2218
01:41:12,500 --> 01:41:13,458
I may
2219
01:41:13,458 --> 01:41:14,208
I may
2220
01:41:14,208 --> 01:41:15,625
go directly to the hotel,
2221
01:41:15,625 --> 01:41:16,750
but I'll see where you're at
2222
01:41:16,750 --> 01:41:17,000
and see
2223
01:41:17,000 --> 01:41:17,875
if we're going to break
2224
01:41:17,875 --> 01:41:18,666
or something.
2225
01:41:18,666 --> 01:41:20,958
Totally. So amazing.
2226
01:41:20,958 --> 01:41:21,916
Yeah. Cool.
2227
01:41:21,916 --> 01:41:22,166
Well,
2228
01:41:22,166 --> 01:41:23,916
thanks for for coming on the
2229
01:41:23,916 --> 01:41:24,583
the podcast.
2230
01:41:24,583 --> 01:41:25,458
That was your idea.
2231
01:41:27,083 --> 01:41:28,000
You know,
2232
01:41:28,000 --> 01:41:29,291
you totally you were like
2233
01:41:29,291 --> 01:41:29,875
you were like,
2234
01:41:29,875 --> 01:41:30,708
you should have one.
2235
01:41:30,708 --> 01:41:31,166
You should have it.
2236
01:41:31,166 --> 01:41:32,125
You should have podcast
2237
01:41:32,125 --> 01:41:33,625
like, okay, as here we go.
2238
01:41:33,625 --> 01:41:36,125
Well now now you're on it.
2239
01:41:36,125 --> 01:41:37,041
that you're doing it,
2240
01:41:37,041 --> 01:41:37,291
you know,
2241
01:41:37,291 --> 01:41:38,000
I think the world
2242
01:41:38,000 --> 01:41:39,208
needs to hear your voice.
2243
01:41:39,208 --> 01:41:40,041
And I think you
2244
01:41:40,041 --> 01:41:42,041
bring a unique perspective,
2245
01:41:42,041 --> 01:41:43,875
to just the world.
2246
01:41:43,875 --> 01:41:44,416
So I'm
2247
01:41:44,416 --> 01:41:45,333
glad that you're doing it.
2248
01:41:45,333 --> 01:41:46,416
But it's not.
2249
01:41:46,416 --> 01:41:47,375
It's not my doing.
2250
01:41:47,375 --> 01:41:48,583
It's your doing. So. Yeah.
2251
01:41:48,583 --> 01:41:50,583
I'm happy that I'm here.
2252
01:41:50,583 --> 01:41:52,000
And,
2253
01:41:52,000 --> 01:41:53,416
to the extent that I could
2254
01:41:53,416 --> 01:41:53,875
maybe say
2255
01:41:53,875 --> 01:41:54,750
something interesting,
2256
01:41:54,750 --> 01:41:56,875
like I'm honored to have. So.
2257
01:41:56,875 --> 01:41:58,958
Yeah. Amazing. Cool.
2258
01:41:58,958 --> 01:42:00,708
Well, thank you man.
2259
01:42:00,708 --> 01:42:01,208
All right.
2260
01:42:01,208 --> 01:42:01,791
We'll talk soon.
2261
01:42:01,791 --> 01:42:02,958
Yeah, maybe. See you soon.
2262
01:42:02,958 --> 01:42:03,500
Who knows?
2263
01:42:03,500 --> 01:42:04,583
Up. Totally.
2264
01:42:04,583 --> 01:42:05,958
Yeah, that'd be great. Yeah.
2265
01:42:05,958 --> 01:42:07,000
See you.