Thu, 21 December 2017
Jessica Jackley, co-founder of the game-changing microlending site Kiva, never played the typical role from entrepreneurial stories we're accustomed to hearing. She didn't start a business as a kid, and never dreamed of making millions. Jackley considered entrepreneurship a greedy venture, in fact, and she wanted to be one of the good guys. But things quickly shifted for Jackley while she was in East Africa doing survey work for a nonprofit. Inspired by her work there with microfinancing, Jackley thought up the idea for Kiva, and wanted to spread it to other countries. Kiva would be a business, but one seeking to make a social impact. In 2009, as an experiment, Kiva launched its first pilot round of loans. Fast forward 12 years later, and the company has issued more than $1 billion in microloans to 2.6 million borrowers in 84 countries. Jackley didn’t stop there. After Kiva, she went on to become an accomplished investor, entrepreneur, and the author of Clay Water Brick: Finding Inspiration from Entrepreneurs Who Do the Most with the Least. She currently teaches social entrepreneurship at USC. Throughout her experiences, Jackley discovered how entrepreneurship and social change could not only coexist, but come together to create a huge global impact. Inspired to follow in Jackley’s footsteps? Well, don’t be. Jackley doesn’t want you to replicate what she did. She urges entrepreneurs to play by their own rules, define business with their own ideas, and never ask for permission. She believes these principles have always been the key to her success, and she outlines them in detail in this inspiring interview. Key Takeaways
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Thu, 14 December 2017
Welcome to the final installment of our three-part podcast series that’s shining the spotlight on successful entrepreneurs who hail right from our very own Foundr community! These passionate people are in the trenches daily doing what it takes to make their startup dreams a reality. If you haven’t listened to parts one and two, featuring Gamal Codner and Shannon Willougby, you can check them out right here and here. Today, we talk with Brandon Monaghan and Justin Kemperman, superstar entrepreneurs (one hasn’t graduated high school yet!) who developed a stellar brand and scaled their ecommerce business to half a million in sales in just 10 short weeks. After joining our Start & Scale ecommerce course, they realized they didn’t need to reinvent the wheel to make money in ecommerce. They just needed to improve upon an existing product and build a powerful brand around it. And, that’s exactly what they did. Their company, The Urban Lash, scaled so quickly that they didn’t have enough inventory to supply orders. They kept on growing, and Brandon and Justin recently sold their business for a nice profit and are ready to start the process all over again. In this power-packed interview, we go behind the scenes with Justin and Brandon and learn exactly how they scaled their business so quickly, what principles guided their growth, and what they have planned for the future. We are extremely proud of these guys and how rapidly they grew their ecommerce business. Way to go! Key Takeaways:
Direct download: FP178_Brandon_Monaghan_Justin_Kemperman.mp3
Category:general -- posted at: 6:56am AEST |
Thu, 7 December 2017
Welcome to part two of our three-part podcast series that's shining the spotlight on successful entrepreneurs who hail right from our very own Foundr community! These passionate people are in the trenches daily doing what it takes to make their startup dreams a reality. If you haven't listened to part one, featuring Gamal Codner, you can check it out right here. Today, we talk with Shannon Willoughby, a courageous entrepreneur who started from zero and scaled her ecommerce business to $30,000+ per month and growing. Using the principles she learned in our Start & Scale ecommerce course, Shannon was able to surpass $250,000 in sales since starting her aromatherapy business just four months ago. This episode is packed with advice on how anyone can scale a profitable ecommerce business, but it's also an inspiring story. Not only did Shannon build a business from zero, she's also recovered from two strokes and won the New Zealand rugby National Championship. Her “never die” attitude will have you dreaming bigger than ever. Learn the strategies that led to Shannon’s success and how to follow in her footsteps. We are extremely proud to share her story with you! Key Takeaways
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Thu, 30 November 2017
The Foundr community is full of passionate people from all walks of life, in the trenches daily doing what it takes to make their startup dreams a reality. In this week's podcast, we want to shine the spotlight on one of these rising entrepreneurs who we're especially proud of—Gamal Codner of Fresh Heritage. In part one of a three-part Start & Scale podcast series, we talked with this corporate-sales-guy-turned-ecommerce-entrepreneur, who overcame some difficult setbacks to scale his business to incredible success. Codner is a student of our Start & Scale ecommerce course, and was able to leverage the principles he learned in the course to grow his physical products business by 30X in just three months. Before becoming a Start & Scale student, Codner left his corporate sales job to become a successful affiliate marketer. He then joined an accelerator program and decided to create his own ecommerce business. Codner was having some success but it wasn’t until he joined Start & Scale that he was able to use the principles we teach in the course to catapult his business revenue from $2,000 to $60,000 per month. In this rare interview with an up-and-coming member of the Foundr community, we learn the exact strategies Codner used to create products his audience loves, and take his business to the next level. We are extremely proud of Gamal’s achievements and we are happy to share his inspiring story with you! Key Takeaways
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Thu, 23 November 2017
As a former Navy Seal, Brandon Webb is no stranger to life’s roller coaster of adversities and triumphs. In the military, pressure is a constant, and learning how to withstand and thrive under that pressure has made Webb a victor in his own battles, whether in business or everyday life. In this interview with Foundr, Webb shares the story of how he lost millions in his first failed startup and turned his misfortune around to build and scale his eight-figure media and ecommerce business, Hurricane Group, Inc. He shares exactly what the turning point was that gave him a burst of forward momentum and the realizations that led to his success. Webb’s astonishing accomplishments have been shaped by the principles he's mastered to overcome adversity, maintain laser-sharp focus, and make better decisions under pressure. He discusses how learning the necessary principles of FOCUS have helped help him create attainable, actionable goals that influenced outcomes and have helped him win in life and business. As a New York Times-bestselling author, Webb also takes you behind the cover of his new book, Total Focus: Make Better Decisions Under Pressure, where he discusses how to approach the challenges and complexities of growing a startup using the indispensable life skills and principles he learned as a Navy Seal. Key Takeaways
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Thu, 16 November 2017
Anyone, technically, can build a business. But it takes real skill to convert an audience into die-hard followers who will stick with you no matter what. Ben Rattray is an expert at doing just that, now at the helm of one of the largest online communities in the world, not to mention a major force for social change. Rattray is the founder of Change.org, one of the world's biggest social enterprises with over 100 million users spread across 196 countries, empowering everyday people to create and join social causes. In 2012, he was named one of the 100 most influential people in the world, according to Time magazine, and he's partnered with titans ranging from Virgin to Amnesty International. But before it became the massive vehicle for online activism it is today, Change.org looked very different. In fact, it actually wasn't until 2011 that Change.org became the online petition platform we all know and love today. Like most entrepreneurs, Rattray had to go through a few pivots before finally developing a model that actually worked. While most entrepreneurs can only afford to pivot maybe once or twice, if they're lucky, Rattray had the power of community behind him. And that power can take you a long way. Rattray did what most others could not, he managed to not only build a huge community that loved what he was doing, but he was also able to keep them loyal to his brand even while undergoing multiple changes. You don't have to be in social enterprise to understand the magnitude of such an accomplishment, and just how valuable it can be to any business. Luckily for our listeners, Rattray knows exactly how to do it. In this episode you'll learn:
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Thu, 9 November 2017
If you don't know Kevin Kelly's name, you undoubtedly know his work. Staying mostly behind the scenes, Kelly has quietly influenced the world as we know it, from pop culture to how we interact with digital technology. He launched and built up one of the most influential media brands in the world, with a devoted audience of millions—a brand that's published, and even launched the careers of Pulitzer Prize winners, presidents, filmmakers, and of course, billionaire entrepreneurs. Kelly is co-founder of the one-and-only Wired magazine. In his time as editor-in-chief at Wired, Kelly was a pioneer of helping the world understand and interact with the internet and digital technology at large, as their role in our lives exploded. Since then, he's gone on to publish multiple books and launch multiple successful businesses. Throughout this interview, though, one theme persists: Kelly is a true futurist. Not only have many of his predictions about the future come true, from crowdfunding to wearable technology, but his keen ability to hack into these cultures early on, before they've hit the mainstream, has been the key to his success. Luckily for our listeners, Kelly reveals in this sweeping interview his methodology for culture-hacking and how he's just so darn good at predicting the future. In this episode, you'll learn:
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Thu, 2 November 2017
For any startup to be successful, it's going to need an amazing team. It's why Fortune 500 companies are willing to pay their executives so much, and invest millions of dollars into finding and hiring the right people. For the founders of startups, though, especially those that are bootstrapping, there's barely enough money to pay themselves, let alone hire anyone anyone else. The challenge of finding the right person to bring onto your team becomes that much harder. It's a position most founders find themselves in when they need to start bringing on new staff, and Cyan Ta'eed was no exception. In the beginning of Envato, one of the world's leading digital marketplaces with over 1.5 million active customers, it was just Ta'eed and her two other co-founders. It was a 100% bootstrapped operation, and still is today, and for a while, the three-person team was enough. But they soon quickly realized that if they were to grow any further, they needed to grow their team. "We couldn't offer above market, because so many startups who had taken funding to get these amazing, sort of, guns. These people who can command these incredibly high salaries," Ta'eed says. "So instead we would look for people with great potential, people who were entrepreneurial themselves, people who we knew could take the ball and run with it." Ta'eed hit the pavement and began the seemingly impossible task of finding that unicorn who's driven, entrepreneurial, and a problem-solver. In the end, though, she found a system that made finding and hiring exceptional talent, exceptionally easy. In this interview you'll learn:
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Sat, 14 October 2017
Despite being a prolific investor as one of the judges on Australia's Shark Tank, Janine Allis would rather sell her family home than seek investor funding. How do we know? Well, that's precisely what she did to start her own business. Allis started her first business while on maternity leave, and it was then, like so many entrepreneurs, when she realized she didn't want to live by someone else's rules anymore. The result was Boost Juice, a retail empire that stretches over 500 stores across the globe, making it the largest and most profitable juice bar chain in the world. While Allis certainly isn't entirely against the idea of taking investor money, she does caution entrepreneurs that raising capital should never be the first goal. And she has some indispensable advice on how to avoid the common money traps so many entrepreneurs fall into. The most important stake any entrepreneur has in their own company is their equity and the passion they have for their own project. Bringing on investors not only means that you'll lose out on some of your equity, but it also means that you may have to make room for someone else's passion and vision for the company. And, most of the time, investors are more interested in the bottom line as opposed to the founder's ideas. "I'm a firm believer that you only ever ask for money when you don't need it," Allis says. She has seen firsthand how many entrepreneurs get caught up attempting to solve all their problems by throwing everything they have into fundraising—a Hail Mary pass that, more often than not, ends up hurting a business in the long run. To help you avoid that common pitfall, Allis has some choice pieces of advice that you need to hear. In this episode you'll learn:
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Sat, 14 October 2017
Greg Mercer built an entire lifestyle business without having to build his own products, distribution network, or even an online store. Instead of creating his first business from scratch, Mercer took advantage of the tools around him and started selling products on Amazon. It worked, to the point that he and his wife were both able to quit their jobs and start traveling the world. He had achieved the dream that so many of us are working toward, all by cleverly riffing on an industry giant. Within two weeks, though, he was bored. Fortunately for us, Mercer's next project is helping others find similar success. Selling everything from wrist braces to cages for tomato plants, Mercer realized he had stumbled upon a proven formula. A formula he could use over and over again that allowed him to find products people wanted, sell them on Amazon, and turn a significant profit. The next step was obvious. Mercer built a tool called Jungle Scout, which allows other ecommerce entrepreneurs to find opportunities to make money on Amazon. Despite having limited himself to a budget of only a thousand dollars, having absolutely no coding or technical experience, or any experience in the software business, Mercer hacked together Jungle Scout, his first bona fide startup. After starting out as a complete novice, Mercer began learning on the job, and despite encountering some classic hurdles and mistakes, has found himself at the head of a fast-growing company. In this episode, you'll learn:
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Thu, 12 October 2017
Mark Cuban is a very busy man. As one of the star judges of the hit show Shark Tank, Cuban has invested in nearly a hundred different startups that have appeared on the program. That's not even mentioning the investments he makes outside of the show, and the dozens of other businesses he's founded or manages himself. So how does a single person manage to keep so many plates spinning at the same time? His secret: Hiring the right people. Cuban is always making sure he has the best people staffing the hundred-plus businesses he's involved in. And while hiring seems like a pretty basic business practice, finding the right talent is a true art, and one that Cuban has mastered. It's a process of finding the right person, putting them in the right environment, and then continuing to build their personal growth and passion about the job they're doing. And in Cuban's case, multiplying the process for a thousand-plus employees. That may sound hard, but Cuban says the one skill every founder and entrepreneur needs to master if they want to become a billionaire businessman, is knowing how to be a leader. If you don't know how to recruit and manage people, you're just not going to make it very far. It can take decades of trial and error to figure out how to deal with the thousands of different personalities out there, and knowing what to prioritize at any given time. But Cuban has figured it out, and he's sharing his secrets with us here. In this episode you'll learn:
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Thu, 5 October 2017
Often as entrepreneurs, we envision success as owning more objects, like a fancy watch, a big house, or a fast car. But what if there were a more authentic, more enriching version of success? One that involves less? That's the question that Joshua Fields Millburn seeks to answer, as one half of the duo who call themselves The Minimalists. Millburn and partner Ryan Nicodemus have built an entire brand around how to live a better life by having less. Millburn runs a website with an annual audience of more than 4 million readers, hosts one of the most listened to podcasts in the world, has published multiple best-selling books, and has even produced and filmed a critically acclaimed documentary. In this episode of the podcast, Millburn gives us the crash course on redefining success, and otherwise decluttering and streamlining your life. Millburn first adopted the minimalist lifestyle after spending years climbing the corporate ladder. By the time he was in his late 20s, he realized he wasn't happy, despite having everything that he thought he wanted. "I always felt I was one promotion away in my career from being happy. But of course, I had all these other things that came with that ostensible success like stress, and anxiety, and discontent, and overwhelm, and of course a boatload of debt," Millburn says. He says that too many entrepreneurs get caught up in the idea of constantly wanting to achieve the next goal, and the one after that, and so on so forth. But rarely do they ever take a moment to think about why they're working so hard, and to what end. According to Millburn, the key to achieving happiness is to pursue meaning over anything else. And to do that you must first ask yourself, "How can my life be better with less?" In this episode you'll learn:
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Wed, 27 September 2017
Great entrepreneurs have that rare ability to take risks that others find crazy, coupled with a single-minded determination that allows them to bring their visions to life. But some of us want to do much more with that talent than simply create a profitable company. Some of us want to change the world for the better. If that sounds like you, you're going to want to hear what Samasource founder Leila Janah has to say in this episode, as that's exactly what she's done during her incredible career. Janah runs one of the most influential social enterprises around, responsible for raising over 30,000 people around the world up from poverty, and rebuilding entire communities. Rather than the typical charity model of distributing donations to make an impact, Janah realized early on that in order to combat global poverty, she needed to come up with a more innovative solution. She decided to build a social enterprise that operates like a business, but in service of reducing poverty. Janah focused on empowering poverty stricken communities in India, Haiti, Uganda, and more, contacting companies like Google and Microsoft that were looking to outsource their work, and training individuals with the skills they needed to complete that work. This revolutionary business model has changed the way people think of success when it comes to social enterprises. Janah has shown what happens when you use the powers of entrepreneurship for something other than just profit, and the world is so much better of for it. In this episode you'll learn:
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Thu, 21 September 2017
Ask yourself, just how many hours have you sunk into that palm-sized rectangle of plastic, metal, and glass known as the smartphone? As the co-founder of Kabam, one of the world's leading companies in mobile games, Holly Liu might be able to provide an answer to that, and it would likely be a huge number. But luckily for us, and our listeners, she's far more interested in talking about how she managed to build a billion-dollar company from scratch by giving away her products for free. If you don't know Kabam already, you've probably heard of the company's hugely popular games, such as Kingdoms of Camelot, The Godfather, and Marvel's Contest of Champions, just to name a few. Each one operates on a "freemium" model, where users can download and play games for free. This might sound crazy, but it's actually a ludicrously lucrative business model, with Kabam making the bulk of their revenue through in-game currency and advertising revenue. Kingdoms of Camelot alone has, to date, grossed over $250 million. The secret behind Liu's success is simple, she just asks herself: "Where are the people?" That question led to Kabam's successful pivot into building a Facebook game and tapping into the power of viral marketing, to even partnering with the major studios in Hollywood to build games for upcoming movies and franchises. For Liu, there's so much more to surviving in the mobile gaming industry than building a successful product, especially when great products exist on almost every corner. It takes an equal amount of dedication to marketing, finding the right partnerships, and, as always, understanding where your customers are. In this episode you'll learn:
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Fri, 15 September 2017
After 16 years in the game, Patel has established himself as one of the most prolific marketers in the world. Hundreds of thousands of entrepreneurs eagerly await his latest blog post, video, or product. And yet, Patel says, more than anything, he deeply regrets building a personal brand. Pretty shocking, considering the majority of Patel's businesses have been built off the back of his personal brand and status as an influencer. "If I had to do it all over again I wouldn't build a personal brand, it was the biggest mistake of my career. I built a personal brand by accident," Patel says. For all the benefits and advantages Patel's personal brand has brought him, he also feels that it's seriously held him back in other areas he wants to pursue. While it's brought him more clients as a consultant, that very same notoriety has made it difficult for him to even build businesses without encountering problems. But, like any other entrepreneur, Patel isn't stuck on what might have been. He's here to talk with us about what he's doing now, and how he manages to wield the double-edged sword of having millions of people recognize his name as an entrepreneur and a marketer. In this episode you'll learn:
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Fri, 8 September 2017
What separates the companies that make millions of dollars from those that never make it? It's not the vision, or the product, or even the founder, it's the people. You can't build a successful business, let alone grow it, without having the right people by your side. It's a lesson that Ryan Holmes, CEO and founder of Hootsuite, is intimately familiar with. Today, Holmes finds himself at the helm of one of the fastest-growing companies around. Hootsuite is a mega-popular social media tool that boasts over 16 million customers and 5 million messages powered by its service every single day. As of 2013, Hootsuite has raised an impressive $165 million in funding from some of the biggest VC firms in the world and continued to dominate the social media landscape. In this episode, Holmes advises founders that when it comes to finding your first batch of employees, you're looking for the "Swiss Army knives" and "paratroopers" of the world. People who have the ability to take the smallest instruction and make their own way. It can be tempting to want to hire specialists in the early days, but as Holmes explains, they're more likely to hold your business back in the early days. Finding the right people is as much about timing as it is finding the right skillset. And according to Holmes, the number one reason Hootsuite managed to grow so fast is that he had the right people by his side from day one. In this episode you will learn:
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Fri, 1 September 2017
Change is inevitable in the startup world, and only the best entrepreneurs stay on top of the game by evolving with it. Steve Huffman, co-founder and CEO of Reddit, knows this all too well, and in this episode of the podcast, Huffman explains how he's ushering the social media giant to the next level. Huffman was there in the very beginning, when he and roommate Alexis Ohanian first pitched the idea for Reddit to Y Combinator, and he's at the helm again today as the company strives to reach new heights. On the surface, nothing much has changed about Reddit since it was first created in their college dorm room 12 years ago. The layout, font, and even the logo remain relatively the same. But over the years, it's grown into a massive and highly influential web of online communities. Today, Reddit is one of the largest websites in the word, with over 250 million active users and 300 million visitors a month. Beyond boasting impressive traffic numbers and a $1.8 billion valuation, Reddit is home to over half a million active online communities, where users can find anything from a laugh to help with addiction or relationships. The company's now making some serious changes under the hood, even to its appearance. How things have changed. "It's important to realize that there was never a point in which there was an idea for Reddit the way it exists today. There was just the idea we started with, to build a place where people can find interesting stuff every day. Not anything in particular, just interesting stuff," Huffman says. In the early days, no one really knew what they were doing, and Reddit has experienced numerous stumbles and challenges along the way. But Huffman's managed to stay on top, and he's learned a tremendous amount along the way. He shares with us what it was like to create one of the largest sensations of the internet, and how to stay ahead in an ever-changing industry. In this episode you will learn:
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Fri, 25 August 2017
"How can I solve a problem in the fastest way?" It's a question that Maneesh Sethi asks himself almost every day, and it's been the main driver behind who he is as a person, and as an entrepreneur. You see, Sethi lives a life of what you might call extreme productivity, and he wants to help you do the same. The question has manifested in a variety of ways throughout Sethi's life, including starting his own productivity blog, Hack the System, where he examines how people can be more productive and focused in their lives by looking for unconventional solutions. Then there was the time he paid someone to follow him around and slap him in the face every time he was being unproductive. Sethi's latest endeavor is par for the course in his never-ending quest to become as productive as he possibly can. As the founder and CEO of Pavlok, a wearable device designed to help you build better habits by literally shocking the bad ones out of you, Sethi is determined to help people transforms their lives. Even if it means giving them a zap every now and then. Sethi knows a thing or two about the power of a little negative reinforcement, as evidenced by the aforementioned slapping, and the way having your back against the wall can bring out your best ideas. "Our company has been a consistent sufferer of almost-death, followed by me figuring out something to help us survive, followed by learning a lot from that experience," Sethi says. To save his company from bankruptcy, Sethi has turned to investors, crowdfunding, and even appeared on the hit show Shark Tank to keep his company alive. Through it all, he's developed a knack for finding the best way out, no matter what life throws at him. In this episode you will learn:
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Sat, 19 August 2017
Jodie Fox loves her shoes. But unlike your average shoe lover, Fox was able to turn that love first into a living room-based passion project, and then a multimillion-dollar online business. She's the co-founder and CEO of Shoes of Prey, a popular online store that allows customers to design and customize their own shoes. Shoes of Prey recently raised $25 million in funding as part of its Series B round, and while that's impressive enough on its own, Fox managed to validate, launch, and break even on her very first business within two months. That's mind-bogglingly fast, even by startup standards. The former lawyer also skilfully scaled her business with a powerful mix of influencer marketing and deals with wholesale giants like Nordstrom, to the point that over 5 million shoes have been designed on the platform. Not bad for a first-time entrepreneur. "I think a founder's job when you start a business is just to do everything that you haven't hired anyone to do just yet," Fox says. Together with her co-founders, Fox followed her passion, validated her idea, built her first online store, and from there the wins kept on coming. We are very lucky to have the opportunity to interview her and receive step-by-step instructions on how this first-time entrepreneur managed to build herself a worldwide business with million of customers at lightning-fast speeds. In this episode you'll learn:
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Fri, 11 August 2017
"The truth is I didn't like working for somebody else." Most entrepreneurs start their own business because they want to take charge of their own destiny, and for Brian Clark, the CEO and founder of Rainmaker Digital, Copyblogger, StudioPress, and the Rainmaker Platform, his story doesn't start off any different. It doesn't matter if you haven't heard of Clark before, but if you've been anywhere near the startup space in the past 15 years or so, you've undoubtedly felt his influence. With his first successful business he stuck with what he knew, taking his four years of experience in law and starting his own small law firm. He quickly set himself apart from the rest of the competition with his natural marketing instincts and his ability to build an audience. "What most young attorneys can't do is develop clients, and I figured out how to do that. And in that moment an entrepreneur was born. I was just so amazed that I could develop a business by myself with just an email newsletter. No one understood what I was doing at the time, they thought I was crazy, but it worked!" Clark says. A few years, and a couple more businesses later, Clark began working on a small blog that would come to be known as Copyblogger, one of the most influential content marketing blogs in the industry. Some of the world's top content marketers can fondly remember turning to Copyblogger early in their careers to learn how to write better headlines and become better writers. Clark helped blaze the trail for this new style of marketing, and to this day, he's still pushing the boundaries of what is possible. While most people are still trying to figure out whether to focus on building the perfect product or growing their audience, Clark has devised a strategy that's allowed him to do both at the same time, all while growing his multiple businesses at warp speed. It should really come as no surprise that, here at Foundr, much of our own business model and content marketing efforts have been directly inspired by Clark and his successes. This is why we're very excited to present to you this eye-opening interview with the one and only Brian Clark. In this episode you will learn:
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Fri, 4 August 2017
Jonathan Siegel has started close to a dozen different companies—some have been hugely successful, others didn't quite go as planned, and for one, he sold his shares after a falling out with his co-founders. Siegel has been a serial startup founder since he was just 12 years old. Now at 40, he has seen it all, and he's sharing his lessons—on products, investors, and selling a business—with Foundr. "It doesn't feel like a job, as much as it just feels like I'm getting paid to do something for fun," Siegel says, about his love for the entrepreneurial life. Siegel has had a knack for entrepreneurship since he was putting together and selling computers all the way back in 1989. From there, he's had a lifelong passion for creating something new every chance he got. Whether it was starting his own businesses, constantly creating new products, or building products for other people. For Siegel, entrepreneurship isn't so much a money-making exercise or a career, but a lifestyle that constantly allows him to strive forward and look into the future. "If you do something as a creative outlet, the amount of money is not the goal. And I don't believe that every entrepreneur is running around thinking about how much money they have in their accounts. I think that every entrepreneur runs around thinking, 'Hey I want to bring this thing to life. I want to create something bigger than myself. I want to see the thing that I create influence other people in the way that they work and the way that they live,'" Siegel says. This passion has helped Siegel learn many valuable lessons on his own journey, not just about himself, but about what entrepreneurship is all about. In this episode you will learn:
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Fri, 28 July 2017
In the late 1970s, Brian Smith was a young Australian surfer looking for the next big thing. Little did he know that while flipping through a magazine, he would stumble upon an idea that would grow into one of the world's most iconic brands. With more than $1 billion in sales worldwide, you can find the UGG brand in millions of households. What does it take to build such an iconic brand? Smith openly admits that, at the time, he had no idea. He struggled to get people interested in his product, and even when they were interested, he found it difficult to turn them into customers. In fact, after his first season of sales, Smith had sold only 28 pairs of boots. The outlook was not good for his fledgling brand. While many entrepreneurs would become disheartened and give up, Smith realized that no company becomes successful overnight. "You can't give birth to adults," Smith says. Smith believed that every successful business in the world has to go through a period of infancy, where almost nothing happens, and only then can you start getting the traction and momentum you need to explode your business. For UGG, that infancy stage would go on for another four years until that lightbulb moment came and Smith figure out what he had to do. What happened next turned sales from only $15,000 to $200,000 almost overnight. In the years that followed, Smith would find his sheepskin boots on the feet of young surfers, snowboarders, and eventually A-list celebrities. In this episode you'll learn:
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Thu, 20 July 2017
Andrew Barnes's company GO1 is a Y-Combinator alum that's raised over $4 million in funding, grown to over 400,000 users, and is currently the world's largest onboarding, compliance, and professional development learning platform. If that weren't impressive enough, Barnes hit those benchmarks in under three years. The secret weapon? An airtight B2B, or business to business, sales process. In our interview with Barnes, he shares with us how the Australian-startup-that-could found its path to achieving explosive growth and influence, eventually ranked as one of the 100 most disruptive startups in the world. He also tells us how he and his team mastered B2B sales, a huge arena of entrepreneurship today. "I remember in YC we were up late just basically cold-calling trying to generate interest and see whether they'd take us, we'd try Google Adwords and spent a fortune on that, we tried a whole host of different options. And what we eventually stumbled on is a model with sales development reps that identify people that match our criteria," Barnes says. Then it's just a matter of knowing the right person to contact, what to say, and when to say it. It's a process that Barnes has mapped out to a T, with a ton of little tricks and hacks along the way to get the job done. Barnes, much to our benefit, shares this sales process to Foundr and our audience, along with the many lessons he's learned as a lifelong digital entrepreneur. In this episode you'll learn:
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Thu, 13 July 2017
Sophia Amoruso was a community college dropout, working a variety of odd jobs to support herself, when she set up a humble eBay store called Nasty Gal Vintage. The rapid growth that followed has become the stuff of startup legend, and in this episode of the podcast, Amoruso shares what she learned from the roller-coaster ride of Nasty Gal, and tells us about her new endeavor, Girlboss Media. Over the course of a decade, Amoruso had a meteoric rise, during which she became the head of a retail empire, and was named one of the richest self-made women by Forbes in 2016. She also became a symbol of brash millennial entrepreneurs and a trailblazing icon for female entrepreneurs especially, following the release of her New York Times bestseller #GirlBoss. Then, the same year Netflix developed a scripted comedy loosely based on the book, Nasty Gal found itself filing for bankruptcy. In those 10 years, Amoruso had bigger highs and lows than many entrepreneurs experience in a lifetime, but the story isn't over yet. Today, Amoruso has moved on and is working on continuing the momentum of her book and the devoted following she built around her story. Nasty Gal Media is as focused as ever on helping women around the world launch their entrepreneurial careers. We were very fortunate to be able to interview Amoruso amid her hectic schedule of growing a new business. She shared with us the many lessons she's learned from her exciting and colorful career, along with fascinating insight into what makes a brand explode, and how to come out on top in today's tumultuous startup world. In this week's episode you will learn:
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Thu, 6 July 2017
In 2011, four lads from Dublin were running a successful business that let programers and engineers know when a user encountered a problem with their program. The problem was that none of them were particularly interested in the world of programming errors. Instead, they found their passions centered on why it was so difficult for online businesses to talk to customers. They didn't know it at the time, but they were about to reinvent the concept of content marketing. So Des Traynor and his three co-founders sold their successful business, packed their bags, and moved to sunny California. "We were four Irish founders and basically our previous company, we had already done the bootstrapping thing. ... When we were going through this change of business and this change of approach, we said, 'What's the opposite of running a bootstrapped business off the north side of Dublin?' Well that's come to Silicon Valley and raise a million dollars, and that's what we did," Traynor says. It turned out to be the right move, as the company that now known as Intercom raised more than $160 million in the past six years, building a customer base of over 17,000 customers, and making over $50 million in revenue. Their mission was simple: to make online businesses feel less like talking to a robot and feel more personal instead. The solution to that was to help businesses talk to their customers through their own websites and apps instead of the usual mish-mash of emails, texts, and phone calls. Intercom built its reputation and customer base through the power of content marketing, but in a way that might surprise you. Instead of following the traditional strategy of hiring a content team, focusing on SEO and backlinks, and churning out at as much content as possible, Intercom went in the completely opposite direction and developed a unique content strategy that led their business to go viral within the startup community, while building a beloved brand. "We're not one of those people that do all that black hat stuff. I really, really hate that. We had a recommendation recently to go post on discussions.apple.com and write a piece that links back to your site, and it was just so puke-worthy. I could never get excited about gamifying the Google algorithm and building the business on such a messy, fragile house of cards," Traynor says. Traynor goes in-depth with us in this episode about why the conventional content marketing strategy doesn't work anymore, and how to really get your message across. In this week's episode you will learn:
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Fri, 30 June 2017
Every entrepreneur at some point faces the dilemma of simply not being able to pour any more hours of work into their company. As a result, they get stuck. That's where Clate Mask, CEO of Infusionsoft, comes in. In the 10 years Infusionsoft has been operating, Mask has helped hundreds of entrepreneurs use the power of email marketing to double their growth, triple their leads, even quadruple overall revenue. For Mask, automated email marketing is the secret weapon for any business that's trying to scale. In today's podcast episode, he dishes on how to do it right. "What happens in an entrepreneurial business, when you're running a small company, it's very, very difficult to follow up effectively with all your leads and customers, and things slip through the cracks," he says. "You're wearing 10 different hats trying to run the business, and ... you just can't keep it all straight when the business starts to grow and when you start to have some success." At that point, you can either hire more people to handle the workload, which can be costly, or learn how to automate your business. Mask has helped Infusionsoft's 125,000-plus users create their own automation campaigns by mapping out customer lifecycles, and pinpointing the best times and messages to engage customers and get as much of a return as possible. In this week's episode, Mask tells us what the marketing strategies of his best users look like, and how you can incorporate them into your own business. In this episode you will learn:
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Fri, 23 June 2017
In his lifetime as an entrepreneur, Steve Olsher has crashed, burned, and reinvented himself in the face of tremendous failure. But for Olsher, there was never any other path. If you can relate, he's got some indispensable wisdom to offer. "I've been an entrepreneur pretty much since I've been old enough to pick up a rake and move some leaves around, or grab a shovel and do some snow-shoveling and clear some sidewalks, driveways, that sort of thing. We're all naturally wired to excel in very specific ways, and for me, I've always just been wired to rub a couple of dimes together to make that quarter," Olsher says. Olsher has spent his entire life as an entrepreneur, and with it has experienced all the highs and lows, from starting a widely successful business that was prepared to go public within a year, to losing it all and walking away from a company he spent nine years of his life building. But if success is defined by how well you can bounce back from failure, Olsher is one of the most successful people on the planet. Taking the knocks in stride, and embracing the lessons they taught him, Olsher went on to pursue other entrepreneurial ventures over the next six years, before reclaiming his original business and domain name, Liquor.com, and building his business from the ground up again. In the years since, Olsher has distilled a lifetime of experience and lessons into helping others figure out what their passion and their purpose are. Today, he is now a New York Times-bestselling author, and is all about helping people reinvent themselves into who they truly want to be. In this episode you will learn:
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Thu, 15 June 2017
Getting rich is for amateurs. A real entrepreneur, one with serious guts and vision, wants to make the world a better place. If that's you, it's time to enter the world of social enterprise—business that seeks to make both a profit and a positive impact, on anything from education to world hunger. This is a tall order, but it's possible and an increasingly popular form of entrepreneurship. So today's podcast is going to show you exactly how to make money, while also making a difference. Unlike your traditional businesses, social enterprises have a much harder time securing funding and even staff. The legal frameworks and business models can also be much trickier. Lucky for us, we were able to sit down with Adam Braun, founder of Pencils of Promise and MissionU. He shared with us how he managed to raise over $50 million in contributions, build hundreds of schools, and grow a worldwide staff of more than 125 employees as a social enterprise. As he turned 25, Braun only had $25 in his bank account, but was still determined to build a school for the less fortunate. Before crowdsourcing was even a thing, Braun turned to strangers to help him fund his first project. He used social media and event marketing to attract people to his cause, relying on influencer and word-of-mouth to secure the funding he needed. "You start scrappy and understand that maybe one day you'll have the resources to hire full-time staff and work with capital at hand, but most people don't start that way, and I certainly didn't," Braun says. Starting with this grassroots marketing strategy and an all-volunteer staff, he built Pencils of Promise into a huge success. Today, more than 400 schools have been built as a result, and Braun's turned his sights to education in the United States with his new project MissionU. In this episode you'll learn:
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Thu, 8 June 2017
Russell Brunson knows a ton about building effective marketing funnels. It's a skill he learned after spending nearly 10 years making money online by building funnels for all sorts of things, from potato guns to coupons. Now as the CEO and co-founder of ClickFunnels, Brunson heads one of the fastest-growing bootstrapped companies in the world. "We're growing faster than any VC-backed company that I know of, and we do it because we had to do it smarter, and we do it through the funnels that we practice and we preach, and it works," Brunson says. In a mere two-and-a-half years Brunson has grown ClickFunnels to more than 36,000 active customers and, even more impressively, he's been able to turn those customers into a passionate community of evangelists loyal to the brand. He's since taken his talent and knowledge for building effective sales funnels and has distilled it all into an incredibly easy tool that anyone can use, as well as a number of bestselling books. But it hasn't been an easy road and it's taken a heap of knowhow, expertise, and foresight to get there. Luckily for us, he's sharing his best advice with the Foundr audience. In this week's episode you'll learn:
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Thu, 1 June 2017
Tony Robbins advises billion-dollar CEOs, celebrities, even heads of state, but today, he's going to show you how to become a master of money. The New York Times-bestselling author has once again topped the charts with his latest book Unshakeable, and to date, the world-renowned speaker has inspired tens of millions of people all over the globe. Successful people from Bill Clinton to Oprah have sung his praises, and he's had sit downs with the likes of Nelson Mandela. What you might not know, however, is that before it all, Tony was a penniless kid growing up in Azusa, California. After leaving home at 17, Robbins decided to skip college so he could start working, which at first meant sweeping the floors as a janitor. But he constantly strove to continue learning and feed his voracious curiosity. Every millionaire finds their start somewhere, and for Robbins it was in the pages of endless books that he found himself glued to. He was determined to be a millionaire, and he wasn't going to let a lack of formal education be a barrier, eventually working his way to the top. Today, he's the one writing the books, sharing all the wisdom he's collected over all those years. And his latest topic of obsession is finance—how to master money and become truly free from worries about wealth. Robbins has decades of experience in business and investing himself, but in recent years, he's been questioning the world's greatest financial minds to get to the bottom of that question. Many of the answers are in his new book, but fortunately for Foundr fans, Tony Robbins joins us today to share some of his most important lessons. In this episode you will learn:
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Thu, 25 May 2017
In 2012, Gretta Rose van Riel, like most aspiring entrepreneurs, found herself spending all of her free time building a business. It was nothing more than a passion project at the time, something to do in her spare time when she wasn't working at her day job. Despite the fact that she had no real plans to become a full-time entrepreneur with her own business, it wasn't long before that passion project grew into something bigger. She soon knew that this was something she just had to devote all of her time and energy to. "Basically, I had an idea that resonated with me so strongly, I just knew that it was something that I had to pursue," van Riel says. The result was a multimillion-dollar ecommerce business called SkinnyMe Tea, the world's first teatox using the natural benefits of tea to help you achieve your health, fitness, and nutrition goals. That alone is impressive enough, but what really separates van Riel from the rest of the pack is that she didn't just build one multimillion-dollar business, she's built many. In five years, Van Riel has transformed herself from just another employee to serial entrepreneur, with multiple ecommerce businesses under her belt. She's effectively cracked the code on how to successfully build a business online, including coming up with the perfect idea, the best way to market it, and how to rapidly scale. In this week's episode you will learn:
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Wed, 17 May 2017
In this very special episode of the Foundr Podcast, we answer all the questions you've ever had about building an ecommerce business and more! The first installment in what we're calling the Foundr Incubator series, we recorded a live coaching session between one ambitious Foundr community member and the head of a billion-dollar company. We organized a call with Jake McKeon, the up-and-coming founder of multiple ecommerce businesses, to receive one-on-one coaching from Tom Bilyeu, co-founder of unicorn startup Quest Nutrition. Like so many other entrepreneurs out there, McKeon was doing well, but looking to grow and not sure how. That's where Bilyeu, with his years of experience and wisdom, stepped in. The result is a fascinating and honest conversation in which Jake asks just about every question an entrepreneur might have about how to grow, how to market yourself, and generally how to take an online business to the next level. Tom doesn't hold back and answers all of these questions and more, sharing his insights on what it takes to create a successful ecommerce business and a thriving community around your brand. This is an episode you definitely do not want to miss, with so much gold being shared that you can't help but feel empowered and inspired after listening. In this interview you will learn:
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Thu, 11 May 2017
Sean Ellis is not just another marketer. In fact, he's something entirely different. He's the world's first growth hacker. Originally selling advertising in the print industry in Budapest, Ellis found his calling when a friend began building a new company on this relatively new thing called the internet. Despite not knowing that much about it, Ellis immediately recognized the opportunities that online marketing presented. "Nobody knew much about the internet at the time. But because I was selling advertising, I really liked the idea of being able to target specific ad messages to specific people," Ellis says. In the years that followed, Ellis continued to stay ahead of the curve. While the rest of the world was still trying to grow their startups the traditional way, by pounding the pavement and paying for advertising with little understanding of the results they were getting, Ellis was already breaking the rules and experimenting with every possibility that the internet offered. Instead of just focusing on marketing as something separate from the product that was being built, Ellis wanted to experiment and see if he could combine both product and marketing together. The result was a method he called "growth hacking," a term he coined in 2010 that would come to revolutionize how startups looked at marketing, and eventually become the name of his company Growth Hackers. He tested his methodology over the years and played a key role in successfully growing companies like Dropbox, Lookout, and Xobni, eventually becoming the go-to guy in all of Silicon Valley for startups looking to grow as fast as possible. Today, you'll be hard pressed to find anyone with more experience, knowledge, or passion about the power of growth hacking. In this week's episode, you'll learn:
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Thu, 4 May 2017
At 20 years old, Daniel DiPiazza was comfortable. He wasn't making millions of dollars at his hourly wage job, but he wasn't struggling for money either. Like a lot of people in their early 20s, he just didn't know what he wanted to do. While the life he led was fine, it was a never ending cycle of making enough money to pay the bills, and that was about it. It wasn't exciting, more than anything it was dissatisfying, and after a few years, DiPiazza found himself restless and wanting more out of life. "It got to this point where I showed up at work one day and I was intensely irritated. It wasn't anything specifically that happened that day, it was just a culmination of a few years of doing things that were just ... very annoying. I made a decision that day that I was going to make a change," DiPiazza says. From that point on, it was like a switch had been flipped inside him. Instead of looking at all the things that held him back, DiPiazza began looking for opportunities. If no one was going to give him a job doing what he wanted, the next logical step was to simply find a way to give himself a job where he could follow his passion. It started simply enough, with a little freelancing on the side helping college students prepare for their exams, which soon grew into a self-perpetuating machine that eventually led to owning his own company, Rich20Something. Today DiPiazza is a bestselling author and uses his own experience to inspire others in his generation, teaching them how they too can build their own businesses and start carving that bit of financial freedom and independence for themselves. Not bad for a kid who had no idea what he was doing in his early 20s. In this episode you will learn:
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Thu, 27 April 2017
One of the best ways for an entrepreneur to come up with a great business idea is by scratching their own itch. If something's giving you trouble, it's likely that other people out there are feeling the same way. That's how it all started for Mike McDerment, back when he created FreshBooks. At the time, McDerment wasn't looking to create a new business, or invent some sort of revolutionary product to sell. He was just trying to solve his own problem—he was tired of using Microsoft Excel as a way to create and send invoices to clients. It originally started off as simple digital product to make his own life easier, but it wasn't long before others started taking an interest in McDerment's new tool. Instead of selling a complete software package, the common approach at the time, McDerment decided to try out a new business model that was relatively unheard of at the time. "The truth is, we were SaaS before there was SaaS. We were cloud before there was cloud," he says. While most people were selling software as licenses, McDerment was determined to build a product that would guarantee a predictable, recurring revenue. It was a new idea, and one that many consultants and others in their space advised against. And it's true that things didn't look great for McDerment and his co-founders after two years of developing and selling the product. "We had only 10 paying customers paying about 10 dollars a month each. To be making a hundred dollars month after that many human years of effort is by all accounts a failure. And we stuck with it because we really loved what we were doing and our customers were telling us that it was great. It was a little more colorful in the early days," McDerment says. Refusing to give up, McDerment and his co-founders pushed on, and in the years since, they've served more than 10 million customers, and grown into a company with over 250 employees. Today, FreshBooks is one of the most widely used and preferred methods of accounting and invoicing for small businesses everywhere, and it all began with a simple idea, the passion to never give up, and some interesting strategies for growth. In this episode you will learn:
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Mon, 24 April 2017
Many of us have a secret desire to make a living by following our passions, but not all of us have a passion quite like Vanessa Van Edwards'. Back in college, she loved reading academic and scientific journals. She tore through them. That might lead you to believe that she wanted to become an academic or work in a lab somewhere, but Van Edwards also had the soul of an entrepreneur. Even as a young adult, she had several successful businesses under her belt. Listening to that entrepreneurial spirit within her, she wondered if there was a way to link up her two loves—business and science. "All these researchers spend years and years doing this research, and they publish 20-page papers and they get read by, if they're lucky, a hundred people. And I wondered, is there a way to make a business out of this science research? Is there a way to turn science into business?" Van Edwards says. In 2012, she started the Science of People, a human behavior research lab dedicated to understanding the science behind what makes people tick. Whether it's unraveling the building blocks of a charismatic personality, decoding body language, or just delving deeper into the psychology of relationships, she built a business around her passion for science, with a focus on translating dense academic language into something that everyone can understand. In her writing, including her latest book, Van Edwards takes the latest research and uses it to explain how to read faster, make excellent small talk, and easily capture the attention of an entire room of people with nothing but your words. In this episode you will learn:
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Thu, 20 April 2017
When Jim Kwik was in kindergarten, he suffered a terrible fall that resulted in head trauma and a brain injury. This would come to define the rest of Kwik's early life as he grew up suffering from learning difficulties. He constantly struggled to keep up with the rest of his peers and never quite found the ability to focus enough and learn fast enough, all of which was exacerbated by the fact that he didn't even have a fully functioning memory. "I was the boy with the broken brain," Kwik says. And yet, today Kwik is considered an expert on memory, learning, and the brain. He teaches thousands of people how they can hack their brains, just like he has with his own, in order to drastically expand their potential to learn and process new information. Kwik can count some of the most influential people in the world as his students, including Elon Musk, Warren Buffet, Richard Branson, and Oprah Winfrey, just to name a few. "Every single person can also do it, you just weren't taught how. If anything, you were taught a lie, a lie that your intelligence, your potential, your memory, is fixed like your shoe size. And we know from just the past couple of decades of research in the brain sciences that's just not true," Kwik says. So how did the boy with the broken brain become the master of memory? While most people spend their lives being told what to learn, Kwik has spent the majority of his life finding out everything he can about how to learn. Kwik has devoted countless hours over years of study into how exactly the human brain works and all the different ways you can teach yourself to not only have a better memory, but to read faster, learn faster, and in general turn your brain into a superpower. In this week's episode, you will learn:
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Thu, 13 April 2017
At 18, Gerard Adams dropped out of college after one semester. That semester was all it took to confirm what Adams knew all along. Like all entrepreneurs, he just wasn't built to follow the rules. The idea of getting a degree, to eventually get a job, to eventually retire, wasn't going to be the life for him. "That's when I made the decision to ... really put the pressure on myself to learn how to build businesses on my own," Adams says. While most people would go out and look for mentors by joining a community of some sort, Adams brought the community to him. In order to pursue his interest in investing and stocks, Adams built an online community for stock traders and investors, growing it to more than 10,000 active voices, and allowing him to learn from the best of the best. From there, he had his share of wins and losses, from getting a job where he helped build a company to 18,000 shareholders, to having the product demonstration fail in a live demonstration. He then built his own marketing agency and started generating hundreds of thousands of dollars, which he then invested heavily into the stock market, only for the 2008 recession to hit. No matter what, though, Adams was always learning. Taking everything that he learned from his experiences, together with his co-founder, Adams built Elite Daily, a news site for millennials, a place where Generation Y could be given a voice to talk about everything from economics to health. Over the next three-and-a-half years, they grew their Wordpress site to a company with more than 200 employees, with 80 million unique visitors to the site per month, and 80 to 100 articles a day. The eventually sold Elite Daily to the Daily Mail for $50 million. That was two years ago, and since then Adams has invested in multiple startups and mentored many young entrepreneurs by sharing his years of experience. In this week's episode you will learn:
This podcast episode was brought to you by FreshBooks. When it comes to finding the perfect service to help you manage and track your invoices, time, and expenses, you can’t overlook FreshBooks. Designed for small businesses and entrepreneurs who don’t need full-blown, double-entry programming, but still want to keep their finances in check, you can’t go back once you start using it! |
Thu, 6 April 2017
At 23, Katelyn Gleason faced, like many people in their early 20s, an existential crisis. She just didn't know what she wanted to do. "I started thinking about jobs. I was like 'God if I'm going to have to do this for the rest of my life it better be something I really care about, that can be my life's work, that I can really invest all of my time and all my energy into,'" Gleason says. Her first step was to start reading the biographies of some of the greatest individuals in human history—Marie Curie, Jane Austen, Abraham Lincoln, anything she could get her hands on. Gleason's goal was to learn as much as she could about these great people and how they managed to leave such a large legacy and imprint on humankind today. It wasn't long before Gleason found herself immersed in the world of healthcare, technology, and startups. It was there she found her purpose. Gleason noticed a problem in the medical industry that no one seemed to be talking about or trying to solve. Doctors and patients alike were getting bogged down with paperwork that was often confusing, and as a result, many were dealing with huge costs simply by filling out the wrong forms. The next nine months were spent at her kitchen table, furiously working on a solution to this problem. That solution would end up becoming Eligible, a medical billing startup designed to make it as simple as possible for doctors and insurance companies to work together and save everyone money, patients, doctors, insurance companies alike. As a two-time alumni of Y-Combinator, Gleason led Eligible from quietly testing and validating its product to becoming an explosive fast-growth company. Today, Eligible processes 14 million transactions per month, with a projected 50 million transactions by the end of the year, and has raised more than $25 million in funding. In this week's episode you will learn:
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Mon, 3 April 2017
If it seems like entrepreneurs are getting younger every year, it's because they are. More millennials are turning toward entrepreneurship as a fulfilling career choice, passing on the traditional route of finding employment with some company. As the co-founder of DoorDash, Andy Fang is no different, part of the new school of entrepreneurs getting into the startup world while still in college. In 2013, Fang and his three co-founders were still students in Stanford when they had an idea—to create an on-demand delivery service in their area for restaurants that didn't have their own. It wasn't long after that DoorDash found itself backed by Y Combinator, and has since expanded to several major cities within the US and Canada, recently raising $127 million in funding. Not bad for a student entrepreneur who was once the only delivery driver the company had. DoorDash is but one of many startups in an ever-growing food delivery market. In order to stay one step ahead of the competition at all times, Fang has had to learn how to adapt quickly to challenges thrown his way, and how to prioritize growth at all times. In this week's episode you'll learn:
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Thu, 30 March 2017
Jordan Harbinger is one of the most influential people in entrepreneurship today, thanks to his popular podcast The Art of Charm. His show recently hit its 10th anniversary, and Harbinger has interviewed some of the greatest minds and personalities in the startup space and more. Starting off as a law school graduate who landed a job as a financial attorney on Wall Street, it didn't take long for Harbinger to become quickly disillusioned with the life that being a big shot attorney offered. Within a year, he left his job to work full-time the Art of Charm podcast, but not before taking with him some key lessons from his stint on Wall Street. During that time, Harbinger learned of "the third path" to success that no one seemed to talk about. The one that wasn't about working long hours, or even being the smartest person in the room, but instead was all about networking. He found that the key to success was all about sharpening your social skills in order to develop the key relationships you need in order to succeed. That lesson turned Harbinger's life around and opened up a whole world of possibilities that he never thought possible. In this week's episode:
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Mon, 27 March 2017
The inspiring story behind Simple Green Smoothies started on a playground, with two mothers watching their kids play together. At the time, Jen Hansard and Jadah Sellner were both first-time mothers, and they shared a desire to get back into the workforce. But they decided they were going to do it on their own terms and by following their passions. In 2007, they officially made the jump from being playdate partners to professional collaborators when they began working together on a parenting blog. Not long after they were working on more projects together, with Simple Green Smoothies being one of them. What initially started off as a side-hustle turned into a full-fledged business, getting some serious traction after they discovered Instagram in 2012. Through a mixture of follower challenges, influencer marketing, and a whole ton of heart, they started building a multimillion-dollar business. Their key tactic? Focusing on community, first and foremost. “We listen to our community, we poll them all the time asking, 'What do you want from us?' 'What do you need?' 'What’s your biggest struggle right now?'," Hansard says. “Find ways to really nurture that tribe and get to know them, just like you would in a real romantic relationship, so that you can serve them to the best of your ability," Sellner says. From being stay-at-home mothers working multiple jobs in order to keep their families afloat, to being the co-founders of a multimillion-dollar business with thousands of customers, the story of Simple Green Smoothies is a must-listen for any entrepreneur. In this week's episode you will learn:
This podcast episode was brought to you by SiteGround. Thinking about building your own website? Get started with the best web-hosting service around with SiteGround, with their 24/7 support, unbreakable security, and dedication to providing the best experience possible for you and your audience. You can't go wrong with SiteGround. |
Wed, 22 March 2017
Back in 2010, Girish Mathrubootham was a pretty successful tech guy, having risen up the ranks of a company to VP of Product Management. But that didn't mean he was immune to bad customer service. After spending months and months going back and forth with a company on an insurance claim, in the end, all that was achieved was Mathrubootham feeling helpless and frustrated. He took to a popular online forum to air his frustrations, and that was when he got his first taste of what it means to harness social power. His post went viral, with others airing their own frustrations at the same company, to the point where the president of the company stepped in to personally apologize to Mathrubootham. He began to understand just how antiquated the systems for customer service were, and just how important social media had become in giving a voice to customers who previously had nowhere else to go. He realized that modern companies needed a help desk that not only tracked complaints through traditional channels like email and phone, but also those that came through on social media channels. The result was Freshdesk, a company that now employs more than 950 people around the world, and has raised more than $150 million in capital from top VC firms. One more super-impressive thing about the story of Freshdesk—it started out as a tiny company based in India, and Mathrubootham had to overcome the challenge of gaining a foothold in the US. That seven-year journey had its own share of setbacks, but Mathrubootham has managed to rise above each one that the cutthroat tech world has thrown his way, through a mixture of knowing exactly the right kind of person to hire and his own tenacity and savvy for PR. In this week's episode you will learn:
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Thu, 16 March 2017
For as long as he can remember, Tenko Nikolov has been obsessed with computers. From his very first computer at the age of 7, he fell in love with the simple green and black screen and was fascinated with all that this technology could offer. Of course, he also got into some trouble, even accidentally hacking into a large US corporation's network with a friend at the age of 13. After a few days of fun messing with their systems and bragging to their friends, the duo eventually sent an email to the company letting them know what they did and how they did it. The next few days were agonizing as they waited for a response, petrified that an FBI agent would be showing up to his doorstep in Bulgaria. To his surprise, however, the company reached out, thanked them for finding a security loophole and even asked them how much they'd like to be paid for finding it in the first place. “I realized that I can actually be paid for the thing that I love to do most," Nikolov says. Instead of asking for payment, Nikolov asked for his own server that he could play around with. After getting his first taste of entrepreneurship, he began seeing how far he could push the limits of computer technology. Looking back at it now, Nikolov pinpoints this as the exact moment that led him to develop SiteGround, a web-hosting server and provider. But what makes SiteGround stand out from the thousands of competitors out there, is Nikolov's dedication to innovating. In this week's episode you will learn:
This podcast episode was brought to you by FreshBooks. When it comes to finding the perfect service to help you manage and track your invoices, time, and expenses, you can’t overlook FreshBooks. Designed for small businesses and entrepreneurs who don’t need full-blown, double-entry programming, but still want to keep their finances in check, you can’t go back once you start using it! |
Wed, 8 March 2017
A lot of people can recognize an opportunity, but what separates an entrepreneur from the rest of us is the ambition and courage to seize on that opportunity. The opportunity Leila Janah recognized was enormous. Lucky for her, and the rest of us, she had the ambition to match it. Her goal? Fighting world poverty. Ever since founding Samasource in 2008, Janah has impacted the lives of more than 30,000 people, raising thousands up from the poorest parts in India, Haiti, Uganda, and more. Janah has been internationally recognized for her work, with accolades coming from the world's most prestigious universities and publications like the New York Times, Fortune, and Entrepreneur. The opportunity Janah saw was a simple one. There was a trend in the globalizing economy of companies looking to outsource their work, and she wanted to tap into that trend by giving people living in extreme poverty the training and skills needed to fill these jobs. With the idea that by providing people with the right skills could help them rise out of poverty, Janah managed to pioneer a unique and inspiring social enterprise. In taking on such a massive problem, Janah has faced virtually every hurdle that can be faced in her eight-year journey as a social entrepreneur, and it looks like nothing is going to keep that bold ambition in check. In this week's episode you'll learn:
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Thu, 2 March 2017
At his very core, Matthew Kimberley is a salesman. Whether it's something he was born with, or a trait he picked up while growing up, Kimberley understands the art of the sale. Starting at the young age of 13, Kimberley took to the street as a young street performer. Juggling his way into his first few dollars, and finding within himself that perfect combination of charm, drive, and ambition that make up the best salespeople. Fast forward to his 20s, Kimberley had built himself an highly lucrative company earning a cool 7-figures a year, and yet, he was unhappy. He just didn't believe in what he was doing, and couldn't find the passion to keep on going. Taking a step back as a founder, he went back to what he knew best: selling. “I realized what I liked to do is sell and teach people how to sell. So what I did was become a self-employed sales trainer, and I haven’t looked back since.” To Kimberley, there is no other skill that is as important as knowing how to sell. “Here’s why sales are important. When you can sell, you don’t need any other skills. When you can sell, you don’t need to be a creator. When you can sell, you don’t need to be a manager. When you can sell, you don’t need to be a writer, you don’t need to be a speaker, you don’t need to be a talker, you don’t have to have a business idea. You don’t have to be a particularly good executor. You don’t have to be good at doing anything, other than asking, persuading, convincing,” Kimberley says. Today, Kimberley has honed his skills to the point of being one of the go-to gurus when it comes to the art of selling. He's taught hundreds of people and businesses how to not only grow, but double and even triple their profit margins by teaching them his practical system on how to sell hard, and sell fast. In this week's episode you will learn:
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Mon, 27 February 2017
The phrase “game-changing” gets bandied about a lot in entrepreneurial circles. And certainly, in this era of landmark technological change, we are spoilt for choice when it comes to people and products that have changed the way we live. We’re about to introduce you to a woman who raises that bar to life-changing. Someone who is paving the way for millions of women to have more personalized, accurate fertility care. One who has truly moved the medical sciences needle. (Pun intended). Piraye Beim, is indeed a rare woman. A mother to two, soon-to-be three, a world-leading genetic scientist and Founder/CEO at Celmatix – the New York biotech firm putting big data through its paces with some remarkable results. Since launching in 2009, Celmatix has released two world-first products. The first is Polaris, a cloud-based platform that uses big data to optimize the treatment of fertility patients. Its creation was what Beim refers to as a “happy accident” on the way to solving their number one goal – building the first genetic test for reproductive health. Fertilome, the realization of that mission, was released early this year. Today, Celmatix are well on their way to empowering an entire generation of women to proactively manage their fertility. And Piraye Beim is just getting started. In this week's episode:
This podcast episode was brought to you by Pipedrive. Made by marketers for marketers and with over 30,000 users worldwide, Pipedrive is one of the best CRM tools in the business. Keep track of all your sales, customers, and leads with their incredibly intuitive dashboard and simple design. Don't try any other CRM tool until you've used Pipedrive first! |
Thu, 23 February 2017
Before heading to San Fransisco to devote himself fully as the CEO of the wildly popular customer relationship management (CRM) tool Pipedrive, Timo Rein was a sales consultant back in his home country of Estonia. With a knack for making sales and closing deals, Rein found himself successfully working as one of the best salesmen in his country for over 12 years. Despite loving the industry he was in, Rein knew that there was much more he could offer the world beyond just one-on-one consultation and training sessions. There had to be a way for him to apply his years of experience and distill them into a product that could help thousands of salespeople he knew must be frustrated with the exact problems he was facing. In Rein's own words: "We should either find a product like this, or build a product like this. We didn't find exactly what we were looking for so we decided to build it." Leaving the company that he called home for 12 years, he began to build his very first tech product. The product that would become known as Pipedrive struck a chord. Ever since launching in 2010, Pipedrive has grown to more than 30,000 customers who can be found on every continent on the globe, and impressively raised $9 million in its first round of funding. Rein shows no sign of stopping as he seeks to continue to grow Pipedrive in his own impressive fashion. In this episode you will learn:
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Thu, 16 February 2017
After being unceremoniously tossed out of the corporate world 20 years ago, Michael Stelzner took a chance and turned toward entrepreneurship. In the years that followed, Stelzner began building a reputation as an influencer with a huge network of writers and marketers. It all culminated in 2009 when, after noticing more and more people talking about social media, he decided to run an experimental project: see if he could build a following by creating a blog with detailed articles about social media. Grabbing the name Social Media Examiner, he got to work. His goal was simple. Instead of being one of the hundreds of bloggers already out there writing about what they didn't like about social media or simply covering the latest news in that industry, Stelzner wanted to create a blog where he would get the best writers to craft articles that would help the average person and marketer understand how to use social media. To say that his experiment paid off would be an understatement. Social Media Examiner is one of the biggest business blogs in the world, and is widely considered the authority on all things social media. Beyond having an incredibly successful blog, Stelzner has expanded the brand to include a top-ranking podcast and an annual event that attracts the best marketers and entrepreneurs in the world. Seven years into his entrepreneurial journey, Stelzner helms one of the fastest-growing and most respected media companies on the planet. His secrets to success? A powerful mixture of marketing know-how, a strong business model, and understanding how to get the most out of your network. In this week's episode you will learn:
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Thu, 9 February 2017
For the past 10 years, Scott Harrison has made charity his business, and he's managed to raise $250 million and bring clean drinking water in people in more than 24 countries since he began his nonprofit charity: water. Ever since learning the majority of diseases suffered by the poor were caused by unsafe water and poor sanitation, he has made it his life's mission to bring clean drinking water to those who need it the most. It's been an amazing journey since he first started and his organization has not only affected millions of lives around the world, but he's also inspired hundreds of others to take the path of social entrepreneurship. But in the beginning, there really weren't many social enterprises quite like charity: water. "My advice to people is 'go find someone who's doing what you want to do and join them instead of starting something.' In my case, I just couldn't find anyone else doing what I wanted to do, doing what I had the vision for," says Harrison. Sleeping on the floor of a friend's closet and using the living room as an office, Harrison began to build something that would offer a solution to what he considered the greatest problem facing the world. Taking it upon himself to build an organization that he could believe in, Harrison created a fresh take on how nonprofits could run and worked to rebuild trust in the power of charity. In this week's episode you will learn:
This podcast episode was brought to you by Infusionsoft Anyone looking for the gold standard in sales and marketing solutions should turn to Infusionsoft. The complete package for small businesses of all types, save yourself some time and let Infusionsoft do all the work for you by automating huge parts of your business. |
Thu, 2 February 2017
Many of us have been to one of those startup events where you're divided up into teams and have to whip up a company in the span of a weekend. You make great connections and have some fun, but typically the business idea you were working on for past 48 hours is gone by the time your head hits the pillow. But Matthew Arevalo and his new friend, and soon-to-be co-founder, realized they were onto something special. While most people went back to their daily lives, Arevalo began dedicating all of his time and energy into this new business. The result was a company called Loot Crate, a subscription service that ships a mystery box of items made for geeks by geeks. "Subscription boxes had been around, and had existed in the past. But a lot of the focus had been on sampling. It had been on trying to get samples of products into a box and get them out to folks," says Arevalo. "Loot Crate really was the first company to work directly and say, 'We're going to put full-sized apparel, figures, collectibles, and items that pop culture fans gravitate towards and have an emotional connection to.'" Since that fateful weekend in 2012, the fledgling startup has grown into a powerhouse company with more than 650,000 subscribers, making it the fastest-growing company in the US. But earning such an accolade took a lot of experimenting, perseverance, and a couple of setbacks along the way, all of which Arevalo was more than happy to share with the Foundr audience. In this week's episode, you'll learn:
This podcast episode was brought to you by Fresh Desk. Make bad customer service a thing of the past with Fresh Desk. Whether it's with their live chat feature, their easy-to-use ticketing system, or their multi-channel customer support system, treat your customer to an experience like no other and keep them coming back. |
Thu, 26 January 2017
128: The Godfather of Blogging Shares How to Create Content People Love - Darren Rowse of Problogger
The internet marketing scene is not exactly known for being grounded and humble. It's often as bombastic and self-inflated as a hip-hop rap battle. That’s why it comes as such a surprise to find that Darren Rowse, one of the world’s most successful bloggers, is so … normal. His down-to-earth nature is only the first thing that will surprise you. The second is where he's from—Rowse isn’t from Silicon Valley, or even the United States as many assume. Rather, he hails from from Melbourne in Australia’s southeastern corner. Rowse currently has two active blogs. ProBlogger needs little introduction, as it’s been the internet’s go-to place for everything blog-related for more than a decade now. And his second blog, Digital Photography School, has long been a content darling of photographers worldwide. Both of these blogs boast readerships so large, they put national media outlets to shame. In the words of Ron Burgundy, he’s kind of a big deal. Before every second person decided to set up a space to blog about their special interests, however mundane, there was Darren Rowse. He planted his flag deep into blogging soil before any of us knew it was a thing, and has since grown to become one of the world's leading authorities on blogging. As one of the world’s premiere bloggers, he’s breathing the rarefied air that comes with 5 million-plus monthly readers. In this week's episode you will learn:
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Sun, 22 January 2017
If you're interesting in learning how to market more effectively and land more sales, a quick Google search will bring up thousands of results, each one promising that their specific tip will be the one that changes your business forever. The trouble is sorting the wheat from the chaff. What's the stuff that'll actually work for you, and what's the stuff that's just clickbait? According to Sean D'Souza, the secret to marketing is actually surprisingly easy to understand. At their very core, all marketing strategies follow the exact same model, D'Souza says. He has cracked the code, and he can prove it. "What I do is I break down things into little pieces, and when I break them down into little pieces it becomes scientific. That's really what science is. Science is taking something very complex and breaking them down into little pieces and reconstructing it so that anyone can do it," D'Souza says. Originally working as a freelance cartoonist, D'Souza somehow found himself indulging his talent for marketing and understanding consumer psychology by helping out others with their marketing efforts. It wasn't long before he started writing about his own experiences with marketing and slowly but surely, he began to gather an audience hungry to learn more. In this episode you will learn:
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Thu, 19 January 2017
There are many reasons people choose to become entrepreneurs. Some want to make money, others want the freedom of owning their own businesses, and some, like Kamakshi Sivaramakrishnan, want to make an impact. For Sivaramakrishnan, a self-described accidental entrepreneur, she never intended to become the founder of one of the fastest-growing companies in the world. It just so happened to be that it was only by doing so could she affect the change she wanted to see in the world. Originally intending to pursue a career in academia, by the time Sivaramakrishnan graduated from Stanford with a PhD in information theory, she realized that this was merely a milestone on a journey to something greater. After graduating she headed for Silicon Valley and found herself one of the original engineers of a soon-to-be successful startup. "I felt like here was a place where I could create an impact," Sivaramakrishnan says. By the time that startup was acquired by Google in 2009, Sivaramakrishnan had developed a taste for the intricacies of the startup world and soon began her own venture called Drawbridge. The company was all about helping other companies of all kinds understand their customers and their buying habits across multiple devices. Impressively, since she's launched, Drawbridge now has over 150 employees and is considered one of the fastest-growing companies in the world. Growing by almost 2000% in just the past year alone, in regards to size and the amount of revenue it generates. Not bad for an accidental entrepreneur. In this episode you will learn:
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Thu, 12 January 2017
You can't talk about fast-growing SaaS (Software-as-a-Service) companies without mentioning Zapier. In about five years, they've amassed a customer base of over 1.5 million registered users, and grown their team from just three founders to 60 people. But perhaps what's most impressive and unique about Zapier, is the fact that those 60 people can be found all over the world. While Wade Foster and his co-founders reside in San Fransisco, he is quick to mention that does not mean Zapier's headquarters are in San Fransisco. Not just employees, but also members of the executive team can be found on almost every continent, working remotely. Zapier is living proof that entrepreneurs and startups are no longer strictly bound by location, and that there is a whole world of talent out there. "The internet feels like our true home," Foster says. You might think that having such a team would be a detriment to a fast-growth company but, according to Foster, having such a large, distributed team is precisely the reason behind Zapier's impressive success. When it comes to managing and leading such a scattered team, all while building a fast-growing SaaS company, Foster is a master. In this week's episode you'll learn:
This podcast episode was brought to you by Infusionsoft Anyone looking for the gold standard in sales and marketing solutions should turn to Infusionsoft. The complete package for small businesses of all types, save yourself some time and let Infusionsoft do all the work for you by automating huge parts of your business. |
Thu, 5 January 2017
Over the past 20 years or so, the common understanding of what an "entrepreneur" is has undergone some massive changes. It used to be that an entrepreneur was someone who wore a proper suit, courted investors over fancy lunches and dinners, and ultimately cornered entire industries. Then the term started to shift. These days when you think of an entrepreneur, you're more likely to conjure some hip whiz kid, much more likely to wear jeans and a hoodie than a suit. The attitude has changed as well, with entrepreneurs these days less concerned about building Fortune 500 businesses, and instead wanting to take on creative pursuits that can fuel their lifestyles of travel, leisure, and adventure. You'd be hard-pressed to find a person who fits that 21st century entrepreneur archetype better than Sol Orwell. At only 32, he has already bought and sold multiple online businesses, co-founded a 7-figure business by the name of Examine.com, and finds himself globetrotting three to four months out of the year for fun. So how does he do it? Orwell is no stranger to the entrepreneurship life, having started his first online business of buying and selling virtual currency at the age of 14. Ever since, he's been in love with starting businesses, and everything that the online world can offer. As a tried and true digital nomad, Orwell knows exactly what it takes to build up the perfect business for anyone wanting to be a lifestyle entrepreneur. In this week's episode:
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The Foundr Podcast with Nathan Chan
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