How To Deal With Management

How To Deal With Management

Angela Thurman

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/30/2021

 

How To Deal With Management

Definitely document. Whether it's keeping a schedule for your project and documenting the tasks that you are completing. Or keeping a tracker of the life cycle of your contracts. Whatever it is, spend that little bit of extra time to document the work you are doing. The completion of these tasks. Because in the end, that is going to save you so much effort, time, and money. It's all going to be huge savings and saving the frustration I would say.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 um definitely document document document um whether it's um you know keeping a schedule for your project and documenting the tasks that you're completing or keeping a tracker of you the life cycle of your contracts whatever it is spend that little bit of extra time to document the the work that you're doing the completion of these tasks because in the end that is going to save you so much effort and time money it's all going to be a huge savings um and and savings of frustration i would say [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host evan miller the serial entrepreneur that's grown several startups and seven and eight figure businesses as well as a founder and ceo of miller ip law we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com and we're always here to help now today we have another great expert episode and we'll uh where we'll having angela thurman on and as a quick introduction to a little bit about what we'll be talking about is a lot to do with management now management can mean a lot of things so it's going to be more about contracts related to supplier management and contract life cycles and dealing with right-of-ways and supply chain management and flow charts and cheat sheets for contracts and uh probably there are several other things but with that much is a brief introduction what we're going to be talking about welcome on the podcast angela well thank you devon i'm very happy to be here thank you so much absolutely so i gave just a brief introduction as to some of the things we'll be talking about but before we uh dive into the topic at hand maybe if you can just take a couple minutes and introduce yourself a bit to the audience and let them know why you're an expert on the episode or on the area great thank you so i am the um principal managing director for thurman co i am um a uh sort of a a boutique uh project management firm in houston and i am a certified project management professional with about 30 years of project management experience primarily in aerospace and telecommunications so i had the luxury of being trained in project management early in my career at nasa by dr harold kirschner who is recognized in the community is probably the godfather of modern project management theory he literally wrote the book and i have that book on my shelf so very very lucky to be trained by dr kirschner and and then to apply those skills uh to project management in the um space station program um way way back in in my career and then since then i've continued to work in technical program management um in in telecommunications and in aerospace most recently uh 10 years for a major u.s aerospace company dealing in supply chain issues risk assessment and um i did apply a lot of that to contracts contract management and um risk assessment and um and and then of course the technical uh skills as i am a degree engineer so now no i think that's a great background and with that as much as an introduction let's dive into the the topic at hand so one question i would assume people will probably have is you know why do i need project management why do i need contract management hey one thing is i manage projects just fine and if i have a contract we review it and we sign it and that's the end of it right so kind of give people ideas to what they should be thinking about what they should be looking about and to a degree why they should care about this area of their business to make sure that they're it's done right sure so um so projects are are defined as a temporal uh event they have a start and a finish date in aerospace and in telecom however those events can last a very long time 20 30 40 years and so for both the project and the contract you're looking at something that can last for an entire career and oftentimes may be handed off from one person to another person it's unlikely that one project manager or one product manager is going to be responsible for that project for the entire time so you're going to want to have someone who has a good strong background in project management or contract management so that you are assured of having all of the documentation captured archived organized and easily accessible for the entire team as it gets passed along from one person to the next as rules change in the project team that would be one reason and then project management is is not an easy thing if you're going to do it well and that's why we have a very robust examination to become a certified project management professional in order to become a pmp you have to show a lengthy history of a project management um a skill and and then you have to sit for a very difficult exam that most people study for um for months and um so it's it's uh it's it's not something that you just decide oh i'm going to be a project manager and and then voila you are so um yeah it's it's um it's a rigorous um training now let me kind of follow up with one question because a lot of our audience is going to be startups small businesses people just getting into it they may not be able to go through all the training they may not have some you know have the bandwidth to hire someone at this point and definitely understand that as they grow and as they get bigger it's a great area that they should be convey you know they should be looking into but i'm here to say okay you know i i don't like project you know projects are hard to manage you know i don't always do a good job or i don't keep on top of things or i don't you know know how to go about doing this because i don't have that formal training what are the best ways to you know aside from hiring someone that's awesome and trained and knows what they're doing if you're at an earlier stage on what are some of the things that you should be looking about or thinking about or resources to be looking into or how do you get going with understanding how to at least at a minimalistic level pursue project management so there are some very good courses that are available um for free um that you can you can train um linkedin learning offers some really really good courses so um and and routinely they make these available to the public bonnie biafor is highly recognized and recommended as a as a project management trainer i would also recommend that you get connected with your local project management institute or pmi chapter and most um most chapters will have a a list of people that are willing to do a certain amount of pro bono work because every pmp member has a a set number of hours of professional development that we continue to work on um throughout our career and some of that is is in giving back to the community so maybe you can get a pmi member who is a pmp to um to help with a with a small project or to help you set up some templates or there are templates available for free from pmi or other resources microsoft has an excellent software tool um just called microsoft project it is rather complicated if you're not a project management professional but um if you um if you dedicate yourself to learning the tool um you can definitely um make your way and and that is is one good resource i would recommend there are lots of other tools available as well no i think that that sounds great and definitely it's always good to have those tools to have a place to start as you're learning now shifting gears just a bit and it kind of goes along with project management but there's also what you know people maybe at least vaguely familiar with which is supply chain management or you know those type of things where they're saying okay i have to not you know if you're in a business where you're using third parties you're using vendors you're having suppliers and that type of thing you're not only having to and it can be whether it's a huge business you have a whole bunch of suppliers or you have a couple of suppliers but you're you know having to manage that supply chain and you know that's where as you get into a lot of cobid you're seeing that that's that's had a major impact on supply chains right in the sense that you're suing everything everything from you know i was going into it as a complete aside but was going into having my bike fixed the other day and went into the by a local bike shop and they do an awesome job and i was talking with about them as they're they're doing a bit of tune-up and some work on the bike and you know asking them how the business going they say well the uh you know services side is going great we have you know a lot of people that are doing biking and needing or wanting things fixed up and done on the sales side we can't keep our bikes in you know even as us as vendors we order something it's probably two or two and a half years out before we're going to get it because the supply chain is so disruptive so you know that one's certainly a difficult thing that even if it's not especially if it's coping but even if it's not in the copic time period where you're having to manage your supply chain and make sure that you have the research sources you need to run your business so with that as a backdrop you know if you're looking at using other vendors you do have a supply chain you're not just purely a service based business what are some of the things how should you go about managing your supply chain what you what should you be talking or thinking about what contracts should you be thinking about if you're reviewing it kind of give us a bit of a an overview or a summary of uh what they or what people should be looking at okay so supply chain um assessment is it's all a and supply chain management is all about risk assessment so you have to consider your business your business model and your appetite for risk so um some companies and some managers may be more risk averse than others and so if you are a very risk-averse company then you're going to want to have redundancy in your supply chain as much as possible that may not always be possible so you're going to look for things like and some of it will depend on your customers and what the technical requirements and flow downs are and what sort of quality requirements and certifications they may have flowed down so in aerospace that's that's there are lots and lots of regulatory requirements that are flowed down in automotive there's also lots of regulatory slowdowns many many industries pharma food those are all highly regulated industries i'm hard pressed to think of an industry that's not um highly regulated today but um so those are some of the considerations in your supply chain management um you're going to want to think about what is the um the system that you have in place your erp system your mrp system that you have in place to manage your supply chain now for those just just jumping in for those artists really erp nmrp what do those stand for and what are them inner pot enterprise um gosh now you put me on the spot um even if you don't remember the acronym what are they or they are the they are the systems that the the um the company has in place to manage um inventory production purchase orders deliveries those sorts of things so they they may be from a company like sap or microsoft or oracle something like that there would be a big um the big core of your financial reporting and inventory management that sort of thing that makes sense so now one one additional kind of question or a question or follow-up to that is you know supply chains a lot of people if you're if you're a startup small business maybe this is your first foray into it you know you go everything for you google someone online you ask for recommendations you go to a facebook group you go to an alibaba and you know find someone that see that says that they can provide no is there anything that are red flags when you're looking for whether it's reviewing contracts or setting up a supply chain that you should be saying hey these are things that if it comes up you should avoid and or maybe on the opposite if there are things that you're saying hey this is a good indication that it will be a good supplier anything of that nature oh you want to be able to know can i can i visit the supplier can i go conduct a site visit and and view for myself their the the quality of the product that they produce can um can i see um their production line and and and can i evaluate for myself all of the areas of risk that are hot buttons for me so um if if on-time delivery is a is a big hot button for me can they show me a history of their on-time delivery for their customers and can that somehow be validated or if um if um whether or not they have um the the appropriate certifications to produce a particular type of product is crucial do they have those certifications and can i validate that those are the types of things that you would want to be able to to vet for yourself and and there are lots of um uh organizations that can help you with that information no it definitely sounds like those are some good points i mean it sounds like to a little bit make sure you can they can check in don't just take their word for it check to make sure they can actually deliver what they've done have they done certifications can you actually go and see the work do they let you come on site those are things that they're saying no don't worry about it we don't need to be certified or oh you know maybe we don't need you to come on site we'll we can send you pictures if they're uncomfortable then that sounds like those are a few red flags that you should be thinking about is okay these ones may not be the best supply or supplier supply chain and we may want to see if there are other options or better options to that yes yes if they won't tell you who their suppliers are you know counterfeit parts can be a huge issue so you you may need to be able to prove the uh origin of the parts throughout the entire supply chain um and so that might be something that you would want to investigate no i think that's a great thing especially when you're going forward and some countries are great and very strict if you go to the eu generally they're going to be better be going to some other countries you know they may be making the part for the actual manufacturer then they make it for you know make a knockoff that you can't even distinguish it but they don't have the rights of the license or authority to make those parts for to sell them to you and it can create a big big issue a legal issue for you as that becomes or comes about or if it gets discovered so i think that's another great point now one of the now one of the other things that we talked about shifting gears just a little bit back to maybe the contracts issue is another thing you mentioned is kind of to have you know a flowchart of the contracts and kind of keep a table now what is there you know if what is the reason because i could see you know it's definitely if you're on a bigger scale and you're a huge company and you know you have a lot of contracts and somebody leaves you're going to want to keep that continuity which definitely makes sense but it seems like a lot of that is even applicable on a on a smaller earth scale because even you know if you're a startup or small business a lot of times you hopefully you have a contract sometimes they don't even have one but if they have a contract oftentimes it gets lost or people don't know where it is or you know what it says and so kind of maybe to walk people through a little bit talk people through how they should be managing their contracts how they should organize them and what they should be kind of putting in that cheat sheet or that you know spreadsheet so to speak that helps them to manage you know they're having multiple contracts sure so i i definitely recommend something as simple as a spreadsheet to just maintain the life cycle management of your contract because if you do have a contract for with a supplier who is for a program um or project that's going to last 10 years or more and roles are going to change um there you know change is inevitable and it's likely that you're going to have additional scope or some sort of changes requested by your customer so maybe they've been ordering this box and and it's always been black it's always been black but now they're going to order the box um with a special designer brown version and so now you've got the scope change that in addition to the black that we're going to continue to order we're now going to offer the box in a designer brown so um you need to have um number one you need to have a part number for the brown box you need to start ordering brown paint so you've got to have an order to your supplier for brown paint and you're going to have to modify your contract with your supplier to to order brown paint so your contract needs to have some sort of amendment or some sort of modification to start you got to have a price for brown paint and purchase orders for brown paint now so that needs to be reflected in your supplier contract with the paint supplier somehow and so that you in your main contract uh cheat sheet whatever your cheat sheet is just have some sort of update that says you know amendment one we're now going to order brown paint and it's because the customer wants to offer designer brown boxes and that you know maybe that's all you need not a whole lot more but if ever someone um you know came on new to the team they would understand oh well that's what that amendment's for and it could be something as simple as that now lots of times it's much more complicated that's a very simple example but uh but that gives you a description of why you might want something like this no i think that's a great example because you know i'd almost both on the more complex hey why did they change this what is this even referring to i think that that is good to be captured because everybody always thinks oh we'll remember and sometimes you don't remember yourself but more even so you may change positions people come and go their side come and goes and you know you saw it can be difficult to remember why you made the modifications now all asking i know the answer is an attorney but i'll keep my my answer to or at bay for a minute which is you know give the the simple example you know we want to have a change in paint color the box color or the construction or something simple is that something if you're modifying the agreement that you need to go to an attorney every time and that you should you know because that's what the fear people have is oh it's a minor tweak or modification we don't need to adjust agreement it'll be fine everybody will remember i'm sure they'll pay for it and we're probably already covered under the agreement anyway and so let's not worry about it and we'll just continue on is that a i have my biased opinion but i'll ask you for is that a good frame of mind should they just not worry about it if it's a minor that is a foreign idea just remembering and hoping that everybody will be fair and remember to pay is never a good idea if there are any changes the best solution is to document it just just so you can you can have it in writing and you can um you can have it to go back to in the in the future and say oh well now we want blue well here's how much it cost when we had brown so blue probably is about the same so or maybe it's a little bit more but you can have a point of reference and yeah never rely on the memory of anyone especially if that person may leave the company no i think that's you know now that was going to be my biased answer as well but you know i get it on the one hand that people are saying oh i don't want to have to go spend enough money on an attorney and i don't want to have to redo it and have it resigned or updated or anything else so we're just not going to worry about it so it is a natural human you know tendency to just if it's going to be a lot of work and you don't want to do it then you'll just kind of pretend it's not there push it aside but i think that that you know one of the things is if you're having a good system that's already tracking your contracts and you have it organized whether it's cheat sheet in your spreadsheet and you know have a a document kind of repository then it makes it easy to hey we'll just simply go in make that my you know if it isn't or a major modification but even a minor modification to the agreement and then we're going to be able to use that same document you know we can have an attorney if it's changing the color box from black to blue or you know something of that nature you can probably change out that one word without an attorney sign it or review it but even if you don't if you have the repository if you have a good description what it is it reduce your quad or cost quite a bit because now you're not having the attorney review everything it's just that narrow part so i think that that's definitely yet another motivation and reason why people would want to track what they're doing manage the contracts and then otherwise have them in good order because it saves a lot of headache asking the ball which for every business that evolves over time people come and go people leave people forget things people conveniently forget things when it's not they're not favorable to them anymore and it's much easier to keep track of that and i one parting thought on that is i wouldn't leave it to people's memories and i also wouldn't leave it to an email an email is not the same thing as a contract it's better than nothing i guess if you're not going to get something in writing but you're definitely going to want to anything that's not in writing and agreed to people it does for legal purposes really doesn't count so now we've covered a few things i'll go ahead i could if if you're thinking about the costs involved to to make that modification yes there there will be some time spent on that but think about the cost you're avoiding if you don't do it and then two years later someone refuses to pay a bill and they're like well why why did this shipment of 20 boxes cost you know 15 extra and it you know that's more than we've ever paid before and we're not going to pay this invoice now and someone is having to chase down and they spend a week trying to find out why these 20 boxes cost 15 dollars more and and all the time that would be invested to recover the information that if you had just taken the time to make that modification all of that effort could have been avoided no i think that that's them and that's that's almost best case scenario in the sense that you may just take you some time save to chase down why it is and then people will say oh yeah i remember worst case scenario would say no we never agreed to that we didn't understand that and now you're stuck trying to either force them to pay what you you know the cost that you just ate in order to make the change or you're having to go to court or you're having to do something you know that's going to affect the business so i think that in all friends it saves time on the front end that you're able to easily recall it and it also saves you some legal hassles uh potentially down the road it supports the relationship exactly no i agree it makes it really makes your relationship better because now it's not people on their side now feeling like the tab is just running up or they don't remember why it on your side it makes it so you're saying hey we agreed to this remember and then like oh yeah okay that's that's fair we did agree to it so i i totally agree well we have covered or several topics and i'm sure we could talk a lot a lot longer on them but as we're wrapping towards the end of the podcast i always like to ask one question the end of expert episodes because you know we talk about a lot of things everything from contract management supply chain project management you know contracts all of those different things and you know you're going to listen to this and you'll say oh there's a lot of things i should be doing that i probably i probably need to be but i don't know where to start and i can't i can't do them all today so to speak so talking to that if there's one takeaway if people can only get started on one thing today that would make an improvement or make it have the most impact what would that one thing be um definitely document document document um whether it's um you know keeping a schedule for your project and documenting the tasks that you're completing or keeping a tracker of you the life cycle of your contracts whatever it is spend that little bit of extra time to document the the work that you're doing the completion of these tasks um because in the end that is going to save you so much um effort and time money it's all going to be a huge savings um and and and savings of frustration i would say so um definitely take that extra moment um invest that extra half hour to just make sure that um that you've documented um the work that you're doing all the good that you're doing um and and and make the most of it and if you need a project manager to do that then either become one hire one find one but it's it's really not something that is beyond the the capabilities of the average person yeah i think that is great piece of advice you know it seems simple on this but yet every time people get busy and then you don't do it and it is definitely worthwhile the investment i think that's a great great takeaway as to if you could just get started on one thing at least get a system in place document it and keep track of things because it saves you a lot of time and headache and potentially legal issues in the future so with that as we wrap up the podcast that people want to reach out to they want to uh be a customer they want to be a client they want to pick your brain they want to get more information they want to you know be an investor in a greater business you're going to start or or they want to be your next best friend any or all of the above what's the best way to reach out to you contact you find out more my website is www.thurmanco.com so t h u r m a n c o dot com all right well i definitely encourage uh everybody to reach out contact you find out more and if nothing else make a new best friend so with that um as we wrap up thank you again angela for coming on the podcast now for all of you that are listeners if you have your own journey to tell or your own expertise to share feel free to go to inventiveguest.com and apply to be on the show two more things as listeners one make sure to click subscribe and your podcast players so you know when all of our awesome episodes come out and two leave us a review so everyone else everyone else can find out about all of our awesome episodes last but not least you ever need help with patents trademarks or anything else with your business just go to strategymeeting.com grab some time within the chat thanks again angela and wish the next leg of your journey even better than the last thank you [Music]

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Take The First Step

Take The First Step

Naveen Bisht

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/22/2021

 

Take The First Step 

Take the first step. If you don't take this step, you will just keep thinking shoulda, woulda, all those kinds of things. I think you have to take the first step but, at the same time after that, you have to be very flexible. You also have to be very persistent. Don't give up. And just keep meandering through because it's a rollercoaster ride. One day you'll feel high. The next day was low cause you were expecting customers to sign up, and they don't sign up. You were expecting investors to invest and, they don't invest, all things like that.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 the main is number take the first step so if you don't take the step you will always just keep thinking i you know should i would have all those kind of thing i should have done this you know i would have done this and so i think you have to take the first step but at the same time and then after that you have to be very flexible and you have to be persistent you know don't give up and just keep meandering through because it's going to be a roller coaster ride one day you'll feel high next day you feel low because you were expecting customer to sign up they don't sign up you're expecting an investor to invest in they don't invest or things like that but [Music] everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups into seven and eight figure businesses as well as a founder and ceo of miller ip law where we help startups and small businesses with their patents and trademarks you ever need help with yours just go to strategymeeting.com and we're always here are here to help now today we've got another great guest on the podcast naveen bisht and uh naveen this is a quick introduction so went to the high school in the himalayas did an undergraduate in engineering and then came to the us to study a master's and i think at least started or got a phd at santa barbara as well worked in silicon valley for about four years and wanted to do a startup so started a software security company with the friend for about three years and then they sold off to nobel um right in the in the night in the 1999's and then started another company um invest in some other companies and then also started uh recently a company in cyber security and he'll give a bit more details as to what he's doing now so with that much as an introduction welcome on the podcast naveen thank you thank you devon i'm really excited to be here and share my journey absolutely absolutely excited to have you on so i just gave a quick run through of a much longer journey so why don't we take care go back in time a bit tell us a little bit about going to high school and himalayas and how your journey got started there yeah that's a very good you know the part of himalayas i grew up in is a beautiful area it's about 7000 feet of the ocean level small town nice beautiful i call it mini lake towel well the place is called 90 tall n-a-i-n-i-t-a-l for those who are interested who love to travel around the world they can check it out they'll see a lot of beautiful lakes hiking etc so you know after my high school usually so i decided to i went to one of the one of the top six schools in those days which is one of the mechanical engineering master's in chemistry it was a decade program and then i came here to do my master's and i what there's one question for you just as you know is before we dive too far into your journey so got the undergraduate in engineering and uh and doing that what made you decide to come to the us to study your masters was it great programs always wanted to live in the u.s you know got a you know good opportunity or kind of what what pulled you to the u.s yeah very good question david um actually to be honest uh you know when i from high school i i caught it like when you look at my journeys just darts just started happening and they connected if you look back in hindsight so from high school i ended up being in one of these top schools and i never had thought of coming here or anything like that but i noticed um a lot of folks you know wanted to come and pursue their graduate studies because obviously u.s institutions are um you know they're obviously the top top schools in the world in terms of new research and um you know for your further studies and so everyone still today and everyone loves to come here and study so there was just like a lot of my classmates they were applying and so same thing either oh you know i'm not ready to work yet right after school so let me apply for some graduate programs i ended up being here no that makes sense and so so now you you say okay i'm gonna come to the u.s i think that's where the opportunity and where i'd like to study and do the masters and so you come to the masters and i think you started a phd is that right or did it yes yeah i got my master's degree at texas tech university and then um actually before that i i ended up in minnesota at minnesota state university i mean i spent a year there beautiful place you know that's you know learned right in the heart of uh middle of the united states as you know heartland as you call it and so which was a very good experience lots of good friends and from there then i just decided to move to texas to get the master's degree there and so far that was still you know more comprehensive program from what i was trying to accomplish and from i just spent a year there got my degree and then i applied to two schools at usc and uc santa barbara and uc santa barbara looked beautiful right on the beach and they sent me this you know the region's fellowship and you know the resistances i ended up being there so i spent a year there for psg program and then i realized um you know i wanted to go do a little uh like internship for three months and then decided uh you know i wanted to take a break so i wasn't sure uh you know i wanted to um you know at least get some industry experience had been in the college for almost nine years so uh from there i ended up being in silicon valley and this then didn't go back i mean even though i think i could have got another message to you but that was funny well and that makes sense so yeah you get the degree coming out of school um you know how did you kind of land the the first their first position and you know what or what made you to go or go or go towards that that that initial position yeah so the position was just like you know through networking i decided in summer uh you know just through some friends were here in bay area just contacts from me here and there so one of my friends just called me one day said hey we have a new position for this process engineering and i had this background in you know engineering as well as math computer science and statistics background just that they needed some uh something in that area and so i interviewed with them and they offered me a job so that's kind of the center of being here all right so now and so you you know you and i think when we talked before you worked in silicon valley for about four years before you kind of got the startup entrepreneurial bug and wanted to do your own thing and so you started a software security company with a friend is that right yeah yeah so basically you know as once you come to silicon valley i feel um the environment is so stimulating right just the kind of people you meet from all the like the company i joined was a startup itself just two years old but they were doing well so you kind of see and learn how they're you know adding up these customers creating these products so it's kind of exciting and then also i just felt like i wanted to do something on my own and i guess sometimes when you're by yourself since i'm the first one who just landed up in us and not like you know it was planned just and i've so there is no restriction right like sometimes when you have family peer pressure okay go work don't go jump into the startups risky and all that so i had no i call it fear of that so and i felt like why not just try it out and see what happens so i worked at two companies like i said one company three years second company for two years uh which was to get experience working with a lot of customers so that also gave me a lot of exposure because this was in those days they were building these magnetic heads for the disk drives and they used to do a lot of manufacturing in parties like thailand malaysia so i used to travel a lot with the customers so that was a very good experience right early on right so but then after two years of ex you know having this experience with the customers i realized okay i got the customer side experience on the supplier side i had worked in the earlier on and the process engineering i felt i kind of got a good deal on how i can deal with the customers and so that's when i decided i wanted to start something and i wanted to start something in software area go back no it makes sense so now you get into the okay i'm gonna do software i'm gonna do the startup gonna do the software you know cyber security doing with my friend think it's a good opportunity so you know was that that was or how did that go i mean at one point i think when we talked you got acquired by novell after a few years of doing it was that a good thing was it uh one where you know it was a great opportunity and you're glad you did it or was it hey we got in after three years we didn't want to be an entrepreneur anymore so we sold it for what we could or kind of how did it go no it went very well i mean the first obviously the idea was at that point um you know back in mid 90s 95 this whole internet thing started at that point you know there was a company called netscape which came out of this browser and obviously today most of the folks use chrome and firefox and uh explorer right but then netscape was a number of first company and with that this whole thing started like as if this new horizon you know this whole internet thing could do so many things so we me and my friend was in school with me in santa barbara and he was working actually at november itself and and he had a good background in networking we decided we should do something in that area and so we just picked up this problem of that few the two issues which in order to use like the internet was the access as well as security so we focused on the security part and we created this firewall product with the kaya software in fact we got 12 patterns also in three years it is some angel money and then we decided we're getting these offers to acquire we had tons of awards for the company top you know hot startup top products all those number of awards we maintained we had about 400 customers these oem deals we were working on one of them was novel and in the process they and also you know they said hey how about you be part of this one and we felt that was a good decision and also good for us for us to make it very fast i mean i mean fast meaning obviously three years but still you know for us as entrepreneurs i think get some security under the belt i got it right overall financially in other words no it makes sense so so you sell it off to novell you know that's your kind of your first startup you're doing with your business partner so kind of after you're getting done with you know after you sold off your first company and you're you know just at the turn of the century and coming into the 2000s you know what did you do next you're saying hey love startups i'm going to do my next big business and i got a great idea and i'm going to do that or hey startups are hard just put in you know several years into doing that i'm going to take a break or kind of what was that next step after selling off then the first startup you did yeah i mean obviously once you get into the startup mode and you're just pretty young enough so you know you feel like you're okay you want to do something again more exciting so i did take a break of six seven months and then in the process we set up a small angel fund with another friend and we did make number of these angel investments and then i started the second company called nine on networks which was focused on this hot trend which is coming in at that point optical networking and obviously since i had had a great success right up right you know several months ago so we got the venture funding right off the bat you know about 15 million and we got started with the team and that was my second startup which went through obviously a lot of roller coaster rides because then telecom all this internet thing busted in 2001 to 2003 four time periods we had to survive through but luckily we had raised enough money because before the whole market collapsed in 2001 december we had raised another 40 million so we kind of survived through the whole team of even though we had paid about a team to over 150 people or so within a year then we had to kind of cut down and manage through the whole process no it makes sense so so now you do you're doing all that and i think you're amidst all that you started the other company you also invested in other companies for a period of time yes for a few years because just on the side you know it's like kind of angel investments and you know between number of entrepreneurs so that's what i did and there's another learning lots of learning experience and obviously it's fun always to work with a lot of these smart folks and obviously you learn a lot like a lot of them go first and then some of them obviously do very well so it was a great experience uh from both sides so now and just to kind of give an idea you know did you you know invest in one company and you know it was a a terrible you know thing that you never do again or you invest in multiple companies and some were good some were hit or miss or kind of you know what level did you get into investing other companies and uh working with them and helping them out so earlier it was more because i was busy with my own startup but it was more like some people use yourself as an advisor but really i wasn't actively involved with any of those right this is just endless investments like a lot of folks do today and so number of companies most of the companies busted because what happened was that all that 2001 to five time period like i said that telecom internet first even a lot of companies went back from a large company like worldcom i don't know if you remember so there should be a telecommunications carrier and so there were good few companies who survived through and they did very well and some number of them even though they were very well funded they also approached so it was a mix of whole experience whether do or not um you know like i said if that's the thing happens in annual investment anyway not necessarily all of them will work out and at the same time what you think um you know what you're investing in may turn out to be totally different than how that company pays out and they can be used to be very successful makes sense and uh sounds like it's a you know fun part i always think you know always look and i love startups and small businesses so i always you know wanted to always have the desire to do it on my own but i also think it'd be fun to be able to get in the mode of investing in others and seeing if you can help them to grow the company and make it better and then play that role as well so now as you went through that phase and you know you kind of did the other startup you're investing in their companies i think pulling it a a bit uh towards the future towards the present day you know at some point i think you're your current business you're doing again kind of in the cyber security realm or in in security so how did you kind of make that transition and how did that kind of uh bring it to where you're at today i mean majority of mine was still doing startups on my own not like really investing investing so just to be clear right there was just more like a site think of a little bit of hobby kind of a thing so still i was doing my startup and then after the second one after 2007 i had left because we had turned it public through you know and then um i started another i helped another small company in security space then we had this 2008 bust right then me and my current vp of engineering in the current company akitra which is a cyber security compliance um automation ai based and cloud-based company so i had started with him in back in 2012 to do something like i call it um you know the real-time uh mobile infrastructure platform for e-commerce and which we built up the product where uh within that within about two and a half years and we decided we should sell the company we had just bootstrapped at me and him and a few other folks and then we sold it off to another private company and that's when i started the current company called akitra and in between you know i have done like other i have another service company service meeting software development services company back in 2011 called orange technology i co-founded with the base in india to provide this development from there because these days you know you're finding the talented folks not only is hard here as well they're very expensive so in the early phases of startups you have to kind of you have only a certain amount of money so you want to be able to manage it very economically and be able to deliver your product right and then of course later on you kind of start adding up globally as you get the tracks into the customers and you raise more capital to expand on that so yeah so that's kind of the story and this current company back in 2000 um you know 15 started looking into it the idea was to use artificial intelligence to um basically to the cyber cyber security use cases i felt this will be a great um area and there was a huge you know try a huge trend going on then how ai can help which obviously today is very obvious with so many companies being very successful in that industry so now and that was you mentioned in 2015 2016 so now kind of you know fast forwarding a bit to today where does that put the company is it still going is it successful is it becoming bigger are you getting traction is it one where it's been ups and downs and you're trying to figure out where the plate or how to position it or kind of give everybody an idea of kind of where that where that puts it everything today yeah this no this is going pretty good so back like i said in the early on couple of years i just spent time to figure out what area how to focus and experimenting right that's what you do uh especially in these high tech startups and then back in 2017 onwards now right now you know we're about 40 folks and it's early stages of you know and so we have very good uh you know traction coming with the customers in the products we are delivering these compliance automation products for uh cloud services companies as well as the cyber security product line for asset management discovery using ai to detect the anomalies or the you know threats etc so it's very good we're really excited i'm really excited about it very good mark product market fit and really enjoying it and just you know continue to help grow it awesome well that's definitely exciting that you know you know it's always interesting you do your first startup and if you do subsequent ones is hey was that you know my one-off the one that i'm going to be successful with and i you know not to be repeated or can you successfully do or start and grow up different companies it sounds like certainly the latter for you which is uh definitely exciting so yeah well as we as we kind of you know bring that to you to the where you're at today and you know kind of what your journey's been along um it's a great point to transition to the two questions i always ask at the end of the the podcast um and just as a heads up for the audience after we uh wrap up the normal portion of the episode we are also doing um a bonus question where we talk a little bit about intellectual property so if that's of interest make sure to stay stay tuned after the normal episode to hear that conversation as well but before we jump to that um normal two questions i asked at the end of each podcast we'll jump to the first one which is along your journey what was the worst business decision you ever made and what did you learn from it so um the way let me um answer the worst decision wise um the question number one so by the way i have a blog i used to write for this uh entrepreneur focused magazine back in 2011 to 15. which is called 4kta.com so there are a lot of these articles i have written around entrepreneurship 4k ta stand for four key takeaway points so basically you know i i think you might have also heard whenever you do a slide presentation they say don't go more than three or four points people are not going to remember so that's how i came up with that idea as well this website which i haven't updated recently but i may do at some point but it has a lot of this information on my own learnings so one of the thing in that is like when you say talk about worst decision so i've written my own journey from these companies what i've gone through and so which obviously i feel very lucky and fortunate to have been able to do that is one of the first topic was how do you when you get started how do you form your team right so in theme formats and i call it there are four four basically ktas right four key takeaway points one is chemistry between the other co-founders second is having the trust and third is skill set and adaptability fourth is positive attitude and positive energy i feel like these kind of make make up the part of your team because you want to make sure uh you know let's say if i'm starting a company mostly in high tech you'll always generally you have co-founders right or the early team members who are complimenting you in their skill sets and one of the things like for example i talk about in how do you detect it early on because you don't have much data that you know how whether this person is right or not right so many times what happens is i look at very small cues let's say you're early on you're starting and you you have the person say hey let's meet tomorrow and if the person does he does he or she they want to meet you right away or not or they say okay no let's meet up two days so you kind of start looking for these clues right so the worst decision going back to all these topics is mainly me not following my own those kind of my learnings and criteria in my later part of some other startups so that's what i would call it most decisions not to follow your own learnings and advice you you're imparting right yeah so that's kind of what i mean if you obviously if your audience is interested they can go to that 4k ta.com see a lot of articles and they can and obviously there's a lot of material in internet by other highly successful entrepreneurs too and second question you had was yeah that was a great question a great answer on the first question definitely insightful and the mistakes but also kind of what you learned from it second question i always ask is if you were talking to somebody that's just getting into a startup or small business would be the one piece of advice you'd give them well the key piece of advice is i would say the main is number take the first step so if you don't take the step you will always just keep thinking i you know shoulda woulda all those kind of thing i should have done this you know i would have done this and so i think you have to take the first step but at the same time and then after that you have to be very flexible and you have to be persistent you know don't give up and just keep meandering through because it's going to be a roller coaster ride one day you'll feel high next day you feel low because you were expecting customers to sign up they don't sign up you're expecting an investor to invest in they don't invest or things like that but so that's that would be my um advice and like also keep listening to like podcasts you're doing right for example this is amazing because you're bringing in all these entrepreneurs sharing their different nuances of their lessons and successes and even i do a like monthly virtual story for a non-profit or called my story where i'm bringing these entrepreneurs sold their company 100 million plus this year one hour journey in this is a local organization called thai silicon valley isv.org so they have this my story i just did a few weeks ago i'll be doing again same thing like so what that does is i think they become they're very inspirational and plus you learn a lot of these real pragmatic um uh you know advice and the ones which you want to read anywhere in the books right because every startup you have basic things okay write a business plan these are the uh eight nine things you gotta do but the thing is when you go through a journey there are a lot of the ones which you want which you have to kind of experience or learn it from others experiences so i think i would say just uh you know don't give up we take the next take this first step and then keep listening to inspiring talks like yours and others there are so many of them that would be my advice no and i think that's great advice i mean i think a lot of times there's it's easy to make excuses as to why now is not the right timing or why you need something else or don't have the right resources and yet taking that first step getting it going and getting things kicked off as does more to lead you towards success and you know any amount of planning or thinking it through or you know otherwise getting things in place i think just taking that initial plunge is a great uh piece of advice so well as we wrap up and before we talk about the the bonus question if people want to reach out to you they want to be a client they want to be a customer they want to be an investor they want to be your next best friend any or all of the above what's the best way to reach out to you contact you find out more yeah best i mean they can connect me on linkedin maybe best i mean that's how we connected and then uh obviously for my current company they're interested you know they're their entrepreneur they're selling any software as a service kind of services so they can come to akitra.com akita.com and as emc i can help them obviously i would love to help them out as an entrepreneur in their early stages of the company they need all these require do these compliance requirements for stock 2 iso 27001 and hipaa which are required for selling into those kind of customer bases and if you want to learn more 4k ta.com attend my stories attend yours awesome well definitely uh great ways to connect and definitely encourage everybody to do so well with that thank you again for coming on the podcast it's been a fun it's been a pleasure now for all of you that are listeners if you have your own journey to tell and you'd like to be a guest on the podcast uh just go to inventiveguest.com and apply to be on the show a couple more things as listeners make sure to uh click subscribe so you know when all of our awesome episodes come out and leave us a review so everybody else can find all of our awesome episodes as well last but not least you ever need help with patents trademarks or anything else along your journey feel free to reach out to us just go to strategymeeting.com and guys and grab some time with us to chat with that now that we've uh wrapped up the you know the the normal portion of the episode it's always fun to change gears a bit and talk a little bit about the area that i always find or love and enjoy and certainly a passion of mine which is intellectual property so with that we'll uh flip the flip gears just a bit and turn it over to you to ask your number one intellectual property question yeah so that's a very good uh and i've been like i said every startup i have always filed for patents and that's how i think we also had a discussion earlier um so my question would be is how do you help you know the entrepreneurs i mean a lot of your listeners obviously were entrepreneurs to help them you know help them excuse me i help them provide the value of filing this whole you know the patent process and everything at a in a very cost effective way because that's one of the things because patterns that many many folks don't file for it because you know it's going to be very costly some so i think you're doing a pretty good job maybe it might be great to yeah it's a great it's a great question now i get a self-promote just a bit but no it's uh so you know a few things that we do and you know i i wouldn't claim that we're the only ones i think we do it pretty well is one is we always offer flat fees which is nice for any startup or small business that you're not on an hourly you're not at an open end check and you know hey we're going to do this this is how much we cost another thing that we do is we also you know we have nice offices but we don't have the downtown high-rise immaculate offices that are costing a lot of overhead we don't have a lot of partners that are eating into a lot of profitability and increasing rates and with all of that it allows us to offer more effective or competitive rates so provide the same quality but at you know more competitive rates a couple more things that we've we've implemented is one is we also um offer a payment plan so we allow for our flat fees that you can split it up over four payments over four months and so it allows to spread out that cost a bit so it's not quite as uh you know sticker shock in the wallet because you're having to pay for it all up front you're not having to pay for a sizable bill so you know how much it's going to cost with the flat fee and then you know how much it's going here that you can split it up over a few months the last thing that we've more recently rolled out which i'm pretty excited about is we also do a diy what we're calling snap legal which is a diy legal service and that allows people to you know if they're not able to and i still highly recommend doing uh doing the um hiring an attorney and having them do it because they're going to have the greatest level experience but we also get if you're early enough stage and maybe you're very cash strapped or you have a lot of things demanding your budget you may not always be able to afford an attorney so we set up the for several of our different legal services but there's a diy option where people can do it themselves and go down that route so it allows them to say you know a lot of times hey let's get this going get something in place allow you to at least get things kicked off and have a degree of protection and then as you grow and as you get bigger and have an ability to afford an attorney then you can go in uh and actually hire an attorney to continue on with your portfolio so great question i love it and that is one where we definitely try and do a lot to as was because we're always looking to help start up some small businesses and that's a few of the ways that we try and look to say for small businesses startups and people that are on a shoestring budget or just getting started what can we do to help them so with that appreciate the question appreciate the time and sharing your journey and uh we'll go ahead and wrap up for today and wish you the next leg of your journey even better than the last thank you darren i said to you here and obviously we'll be in touch talk to you soon [Music]

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Aloha Leadership

Aloha Leadership

Eric Jara

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/20/2021

 

Aloha Leadership

It's called aloha leadership. Aloha, as most folks know, is a way of saying hello. What I learned is that it's a lot more loving. It's a loving way of saying hi. It is a welcoming feeling and vibe. They have always taught us that it's that kind of leadership that actually makes things happen. As an entrepreneur and leader in whatever industry and field. Any artist, creator, entrepreneur, you need that kind of leadership. Because if not, you are going to fail. It does not work any other way. If you don't care about the people that are working for you, they are going to leave. If you don't care about the people working with you, why would they work with you in the first place?

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 uh it's called aloha leadership uh aloha as most folks know is like uh you know way of saying hello we're saying hi uh what i learned from la to enrich is that it's a lot more loving it's a loving way of saying hi it's not it's like a welcoming it's a feeling it's a vibe and they've always taught us that you know it's that kind of leadership that actually makes things happen so as any entrepreneur as any leader in whatever industry whatever field any artist creator entrepreneur you need that kind of leadership uh because if not you're you're gonna fail it just it doesn't work any other way if you don't care about the people that are working for you they're gonna leave if you don't care about the people who are working with you why would they work with you in the first place you know [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups in the seven and eight figure businesses as well as a founder and ceo of miller rp law where he helps startups and small businesses with their patents and trademarks you ever need help with yours just go to strategymeeting.com and we're always here to help now today we have another great guest on the podcast so eric jarrah and uh give you a quick introduction eric so in high school didn't think about being an entrepreneur went to college on scholarships um 18 years old at u of u wanted to i think if i remember i shared the kind of the money you made from scholarships and started a scholarship foundation um studied abroad in south korea for a period of time found or found out about a company that needed spanish speakers got a job doing data analytics or business and data analysis or sorry you got a data business and data analysis degree graduated when worked for chile as a consultant for a period of time juan do his own thing came back to you or came back to the u.s and then his brother and him started a business that was started out as a hobby for making music and then he started to go into street clothing and collaborated with artists um also decided to build a record label help or his dad left his construction job and joined on the crew and started business helping other people doing construction so i think with that much his introduction that's all i have but welcome on the podcast eric yeah thank you so much for having me i appreciate it so i gave the very compact uh doesn't give a justice 30 second version of a much longer journey but uh take us back a bit in time to when you're coming out of high school and uh when you're how your journey started from there yeah for sure um thank you by the way for the introduction it's i feel like it's a long long intro whenever you know folks ask me to come on and speak and stuff um i was recently called mr everything by a close friend of mine well you know starting to be a close friend of mine because he's like man you're just doing so much and i was like well you know i i try to do what i can and make history but um so yeah when i was uh leaving high school uh this i guess we'll start leaving high school i had no idea what this whole entrepreneurship building your own business type thing was about uh stereotypically mexican family we grew up saying oh if you're going to go to college or you're doing engineering you're going to be a lawyer or a doctor and that was it so it wasn't until i got uh to the university of utah to the business school that i was introduced to this world of business um i went to the u blessed super super blessed to be on scholarship so i didn't have to worry about paying for school and i'm blessed to be right here saying hey i graduated from the university of utah uh debt free you know uh all in a scholarship so i was super blessed about that opportunity didn't have to worry about paying for school one of the things that i told myself when i first went to college was one day once i graduate once i get a good job and have enough money i want to start a scholarship of my own because it's because of scholarships that i was open you know to this new world that i had no idea about um that came a lot sooner than expected it was my freshman year i was only 18. i read a book by grant cardone and the only thing i remember from that book like don't don't ask me about the book because i don't remember anything but i do remember one line that said there's never enough time there's never enough money you never know enough there's never enough resources never enough knowledge just go right now so i said okay cool you know what i'm not going to wait so i started the scholarship when i was 18. you know i was blessed to have wonderful wonderful mentors even like in my first year uh thanks to the scholarship that i was on thanks to one of the scholarships that i was on and i asked them like hey y'all are the ones in charge of this scholarship like can y'all help me create my own type of thing um they were very uh you know tied to the u and that's where their students were at but i didn't want that type of limit you know with my scholarship you know if there's a student anywhere else in the u.s you know in the world even uh i want to help them out as best as i can so i asked them how they got started pointed me to some great resources uh got myself a lawyer and you know because all the legal stuff again i'm only 18. i don't know jack squat about business or anything like that so you know it kind of pointed me in the right direction helped me start that get that up and going um i'm only 18 though you know my network is really really small so the whole uh everything that was raised for that scholarship in the first three years came straight out of my pocket um everything that you know that i had worked for i didn't need to put to school uh blessed that all the scholarships are covering my tuition my books my laptop my housing my food and even some trips so it was like you know i don't need to work for myself uh all the work that i'm gonna um do and all the money that i'm gonna make i'm just gonna put it back to the scholarship so the first three years that's how it was um you know i just tried i did what i could i didn't really know where to go um but you know i had something cemented i got three scholars the first year i added on another three so it was a total of six the second year um the year after that um we had another two so it's like a total of eight students each with two thousand dollars each uh you know a thousand for fall semester a thousand for spring and it was all just coming out of my pocket whatever i could make i just gave that like a hundred percent of like what i made it went straight to the scholarship um if i were to run the the math just out of curiosity because if i were to have eight students and their each two thousand dollars you're putting into this out of your own pocket as a student yourself sixteen thousand a year is that right yeah 000 a year that's that's the most that i had ever done after that year was kind of put on pause because i'm like there's a lot of money and i don't know if i can continue to do this um but yeah that that that is you know that's kind of where it all got started um just me out of my pocket because the name of the scholarship is the freddie scholarship uh freddie is the name of my little brother who when i was 12 passed away and i mean when i was 12 i had no idea you know that life was so short and that like you know any time could be our time so i said all right i'm gonna make sure that his name lives on forever too so that's kind of what kept me pushing because obviously as a second third year in college like there's no way i'm making that amount of money and just being able to do that but because i had that why that like reason to you know let my little brother's name live on forever that's what kept me going for it so that's kind of uh where my entrepreneurial uh journey started trying to figure out you know how am i going to do this sustainably because obviously the way i had started was not sustainable at all there was no way i was able to um you know do what i wanted to do because i wanted to keep that going have three three new students every year and keep the current students as well i'm like that's gonna be a lot of money really really quick um so you know it was tough but what has kept me going like i said is just for my little brother because there's nothing tied to eric jarrah when it comes to the freddie scholarship foundation there's really nothing you know i when i was 15 i started doing pro wrestling like lucha libre type stuff like you know the dudes with the mask and everything and so i did this and this was a persona that we had uh running the scholarship running the fundraising events meeting the students and showing their the students and their parents the resources for college and stuff it was this person right here so there was nothing tied to eric jarrah to me who i really am it was all about my brother my brother my brother and that's the name that i wanted to push forward so i think that that's definitely cool that you're you know not they're not only just trying to get your education but also trying to help others and doing it in your brother's name is definitely amicable so so now as you're coming out of college and you've got your degree and i think you studied in south korea for a period of time is that right yeah i was in south korea on a study abroad but ended up there also with an internship thanks to another really amazing person one of i consider him a friend but he's also a great mentor cesar sanchez uh he hooked it up with this company down there that needed spanish speakers for their business it was like you know they're just barely coming up another startup story that's really really cool in my opinion and he said hey they need spanish speakers because their product is for the latin mark market like latin america that's where they're targeting and i was like oh snap hey i speak english i speak spanish i can learn korean a little bit if i need to um but you know i got you let me know what i can do and hooked it up there um you know it's honestly my first real ex like business experience um you know working directly for the ceo they said hey we need a sales channel that looks like this can you make it happen and i was like well i can certainly figure it out uh stereotypically mexican we're the hardest workers in the room um in my opinion and you know we might not be the smartest sometimes because education and like mexican aren't always correlated um but you know me being in the position that i was at i'm like you know i can figure it out i'll i'll learn something if i have to do hours of research like cool i'll figure it out um so you know that hustle kind of got me uh there as far as that that internship went so now and so you would did that internship you went down to and then graduated and worked in chile as a consultant as well is that right um it was before i graduated actually so chili was before as well okay so yeah so you do the internships and you graduate now when you come out because i if i remember when we talked a little bit before you got into kind of the music industry as a hobby and doing clothing was that your full-time gig or what were you doing at the time or kind of as you're coming out with you get your graduate you get your degree what did you do after that um so all of my businesses i started during college um none of them came after graduation at least not right now you know maybe in the future i start something else but um the record label that we started me and my brothers it's because we just been doing music as a hobby since uh my senior year in high school so this was the game before you know just on the side we love making music and that was kind of like our thing and we decided just uh last year 2020 to make it official we invested we created our own home studio um you know just like a random storage place that we had at one of their houses and you know we decided okay how are we going to do this if we wanted to do this full time what would it look like and i'm like well uh we need money if we want to do this full time like this is not going to pay the bills right away obviously you know being in music being an artist it's it's kind of difficult it's a two-part hustle where you ought to create the art and then sell it so you know we just kind of dove in said all right you know what we'll figure it out as we go uh that's kind of always been my attitude obviously with the scholarship at 18 years old i mean you know that's that's kind of who i am so okay let's run it uh we'll figure it out as we go uh we've been selling uh beats selling you know the instrumentals and stuff uh as part of you know the record label to get some money coming in so we can pay for photo shoots and videos um merch and like all of that stuff that comes with you know being an artist because that's honestly the only way uh to make money as far as an artist we're not that big so we don't have like sponsors or you know things like that um so you know it's it's an ongoing process i feel um but yeah it was my last year in college my fifth year in college that we started the record label officially okay no and so see it started the record label and i think that's you know awesome taking you know one getting through school and then taking the opportunities to say hey i'm going to start businesses i'm going to try things that they're let things fail let things succeed and then we'll continue to evolve so it sets up those opportunities as you're coming out of school as opposed to just simply graduating and looking for a job i think that's great to utilize that time so so now you're setting up the record label that's a you know as you said a bit of a lift take some time to be able to actually get the money coming in so what are you doing during that time as you're as you're getting that up and going in other words how do you you know pay for you know pay for a living kind of thing um so at the time when i started it i had two part-time jobs i was doing 18 credit hours in school so my two part-time jobs were mostly filling in um you know most of the time that i wanted to spend uh to make that money that we can just reinvest into the record label um besides the record label at the same time actually the exact same day that we legally registered the record label we also legally registered the streetwear brand that we also started together me and my brothers um shout out ivan meza jesus mesa you know penthouse and lavon is like their artists names but um you know we started the a streetwear brand because along with the music we were like oh what do we want to wear in the videos okay cool what if we had something that you know we owned you know we're not wearing the supreme and the gucci that all these basic artists are using like in all of their videos like something new something different and something that we have you know a strong tie to so we started the streetwear brand as well just kind of as an idea like hey what if we had something to wear it ended up uh i kind of took over as far as like where the streetwear brand was gonna go um and i wanted to make it a little more broader you know not just be a merch type thing you know it's like just with our names on it's like no this will be like a legit uh streetwear brand that anybody could benefit from and it's not just like tied to eric jarrah or you know my brother's names um we turned it into streetwear brand for artists creators and entrepreneurs because we feel like that's what makes the most sense to us um coming up the way we did and obviously being in music like i mentioned a two-part hustle creating art and selling it it's like it's tough and a lot of times people don't realize that you know when they start doing anything creative as far as like art goes whether it's music visual graphic um you have to be an entrepreneur like there's no other way to go about it you can't just create the art and expect bills to be paid like no you have to know something in business you have to be very business-minded to get things rolling so um we want to respect that kind of hustle with the streetwear brand and you know we partnered shout out larabara uh we partnered with her she's had her art in a bunch of different places she's amazing great great artist great great person and you know that kind of boosted where in dice it was headed you know what better way to make artists or streetwear for artists than with an artist themselves so we did a collab um this is a second collab actually that we have currently going on um and it's all just like you know based on her vision kind of help her uh come up get known as well that way more people can recognize uh you know the art and the creative talents that she has but it was because of that that kind of pushed us in that realm of okay you know streetwear for artists creators and entrepreneurs to me all three of those words mean the same thing uh but i know certain folks define them a little bit differently which is cool um but tonight they all mean the same thing and you're doing and so now you're doing that and i think that's cool you know it definitely sounds like first of all a fun business and second of all sounds like you know had a great path towards you know to actually bring it to fruition and if i remember as we were chatting in kind of in parallel with that or you know in addition to that you also had your father that was in the construction business and he left it and you guys started to work on a uh construction related business as well is that right yeah this was same year covet here last year was like you know the year that i'm like you know what better time to start a business so i started all three that year the record label the streetwear brand and the contracting business because um yeah like you mentioned my dad uh he quit his job uh last summer again stereotypically mexican what we most what you mostly see us working in is like construction and stuff like that but there's another stereotype when it comes to construction is that your boss is a really big jerk they don't really care about people they don't really care about their workers as long as they're getting things done they say okay cool and they're always like you know on their back saying hey you need to do this you need to do that you need to do that and my dad had been working in construction for 27 plus years um i say 27 plus because i don't know the exact number but it's around 28 29 years that he'd been doing construction and he was like you know what i'm just tired of this i'm tired i'm done like i hate not feeling appreciated i hate when you know the boss tells me i need to do this and this and this and i'm like i'm working on it just chill um i'll get it done and so he quit and he came to me he said hey um what do we start you know our own thing yeah obviously still in construction because that's where i know a lot of things um my dad you know he started from nothing pretty much just being you know the the heavy lifter the one that makes you know that actually is putting in the work to you know more management type stuff he had seen you know what it takes to bid on projects he had a really really cool mentor shout out brian olsen um who taught him he brought him up he said hey look come into the office for this day i don't want you to be out in the field today i want to show you something and you show them like the plans he taught my dad how to read the plans um how to make estimates how to bid on projects and what the whole process looks like so he said hey i know the construction side of things you know the business side of things let's tag team and do something cool like you know in our vision and i said okay cool but the first thing that i want to focus on is making sure that we're good uh leaders i don't want the same thing i don't want to create just another you know whatever other construction companies i'm trying to you know throw shade and say their names but i don't want to be another one of them you know i want to do this right so we started working together and you know he's been teaching me the construction side like the processing and stuff and i've been teaching the business side the the mindset that you need to have and how to best take care of your employees because it's it's competitive when it comes to anything uh you know any labor type job like oh he's paying me a dollar more i'm going to go over there and it's like well you know if it's not in the budget to pay him more then how about you treat him like an actual human so we go get our employee our workers our partners um we go get them lunch every now and then we invite them to like our parties our families type stuff you know the whole mexican hospitality we just bring that to the business um and make that part of like you know kind of how we run that business because yes construction is like you know it's its own thing but we want to bring in your our own little flavor of hey we care about you and it's because of y'all that we're winning and that we're able to put the bills like why wouldn't we help you with whatever your own personal goals are or whatever you're trying to do like not just in construction outside of it like you know how can we how can we make that relationship a lot better and it's like well for us stereotypically mexican we love to have fun we love to party so it's like hey come over this is kind of like you know the vibe of what it means to work with us uh i don't like saying working for us i say working with us um this is kind of the vibe this is kind of what you'll get and it's just like you know an all package type thing that it's like hey it's not just clock in and here's your paycheck it's clock in here's your paycheck here's some bonuses because we did really good on this job hey let me go take your lunches one day don't don't take anything for lunch i got you for that one like hey come over uh we're doing this uh you know we're having whatever type of party because mexicans love to party there's no like you know one reason why we party is just like it's a bunch of reasons but it's like hey we're having this come over um or you know what else are you doing what are your personal goals where do you want to go with this and kind of treat it that way as far as the leadership type goes with that business so now and i think that definitely sounds like you know great way to do business i think that a lot of times people are getting in business with you know with other people as much based on their relationship and whether or not they can trust the individual and work with them and have you know all those and i think that having that hospitality mindset definitely can set you apart in an industry that oftentimes doesn't necessarily have that kind of feel to it so well that kind of brings us up uh to a bit to where you're at today so if you're to kind of say okay we've got you know the record label we kind of got the clothing brand we've got the construction business and all of these things kind of combined and all these interests and and working on them looking now kind of a bit forward looking to the next you know six to 12 months of business in your life and where you think things are headed where are you kind of projecting things to go um i'm thinking a lot of people that are working with me are gonna quit they're gonna stop working with me uh not in a bad way though um i was gonna say that you might want to work on that so not ever you don't you don't have everybody leave you no no i don't i don't mind that because see here's the reason why it wouldn't be like oh they're not they don't want to work with us no more um i feel like for them it would be like i've seen what you know uh eric his brothers and his dad have been able to do up maybe i want to start my own thing and with everybody that i've worked with i've brought up this conversation i said hey if you ever want to do your own thing let me know i'm happy to help because nobody helped me i had mentors point me in different directions but there was no one person that i that could just tell me you know this has been my experience this is my entrepreneurship life this is kind of how it goes um and even like laura parra who's the artist that we've collabed with she's told me she was like hey maybe i want to start my own clothing brand maybe i want to do my own and i'm like awesome i'm happy to help you out you know if indicive if the streetwear brand isn't where you want to be always that's cool with me i don't mind i'm going to teach you and i'm going to help you build what you want because i i don't like the idea of like i'm not going to teach you know the people that i'm working with me all the little secrets and stuff so that they can stay with me to me that's kind of selfish and my parents always raised me on like you know share whatever you have even if it's a little bit so to me i feel like in the next five six years a lot of folks they're not going to be working um not going to be technically like i said i don't like saying this word but if we're putting it in technical terms they're not going to be working for us they'll be doing their own thing or they'll be working with us as like a partnership type thing they're going to be at a at another level you know something higher something great hopefully even like greater than me like you know that would be awesome for me um our my businesses personally i feel like you know we just continue to do what we're doing um obviously continuing to learn and grow as we're moving forward because i don't know everything my dad doesn't know everything my brothers don't know everything and we're humble enough to understand that and that's okay um you know we'll learn and we'll see where it takes us but as far as like the people working for us which is my biggest focus um i don't think they're gonna be with us i think they're gonna be off doing their own thing and it'll be awesome to see them you know go from you know just working with eric to now they're on the forbes list or something like that like that would be that to me would be amazing and i'd be so happy if that were to happen well i think that that definitely sounds like that would be an exciting time and i like the idea of hey people probably won't work for me but for a good reason because they'll either be you know improving moving up or we'll have a different relationship to where they can you know be a partner or otherwise you so i think that that sounds like definitely a fun path to be headed down so well that was we've kind of caught up to where you're at today a bit where you're heading i um always a good time to kind of jump to a couple questions i always ask in the end of each podcast which is the first question i always ask is along your journey what was the worst business decision you ever made and what did you learn from it uh easy worst business decision i ever made was thinking that i could do everything myself um this is based on the scholarship right remember i told you all that for three years it was just me and after those three years we had to kind of put it on pause and kind of hold and regroup and try to figure things out again that to me has been the biggest uh in my head the biggest failure that i had we had a really really big at least in my head what we had was this really really big event uh for fundraising right obviously catering to mexicans mexican culture we were going to have this big party um i had ads in mexican radio that were blessed to have gotten those for free we had ads on tv we had univision like the mexican news station that's big in the u.s i feel like it's not just utah um but we had all of them running ads and commercials and saying hey this is gonna be this party this is where the money's gonna go to uh we had raffles at the party we had food for sale um and we lost 200 bucks out of everything that i had invested into this event that i had uh put out of my own pocket we were down 200 bucks um worst worst decision in my head um you know trying to do everything myself um because i didn't really have a team i didn't build a team i said no i don't want to you know put anybody in that situation i have to struggle to make this event happen i'll just do it myself so boom there you go eric now your selfishness did this and now you're not able to fund some students for the fourth year and you have to put everything on pause and you have to say all right let me regroup and try to figure this stuff out when there's students that are still waiting on their scholarship it's like it's the biggest biggest in my head my biggest failure um that obviously i learned a lot from but it was just tough you know as a i think it was mike tyson who said it everybody has a plan until they get punched in the face well i got knocked out i didn't get punched in the face i got knocked out like i was it was bad um so that i would say is like my biggest failure so far no but you know i think it's one of those that it definitely a lot of entrepreneurs get into that because you're saying now i can figure this out i can do this not a big deal and you know and so you don't necessarily you don't want to rely on others because you think oh i can figure this out you know i'm kind of smart in that thing and i'm definitely of that mindset and i always you know say i always think people that are entrepreneurs are they're the smartest people in the room or they can do the best because otherwise they would never do it and yet until if you don't until you learn that hey why i may be able to do some things well or i may be able to hustle people or work them or come up with more creative ideas if you never rely on those they can offer the value that you may not innately have or not the skills that you might not have then you're always going to limit what you can do so i think that that is definitely uh you know an easy mistake to learn but something great to learn from on the second question i was asked is if you're talking to somebody that's just getting into a startup or a small business what'd be the one piece of advice you'd give them one piece of advice um this is coming from two really awesome mentors that i met through the university of utah through another scholarship group um rich kofusi and latu kinikini they showed me this concept which is has become my greatest advice so far uh it's called aloha leadership uh aloha as most folks know is like uh you know way of saying hello we're saying hi uh what i learned from lotto and rich is that it's a lot more loving it's a loving way of saying hi it's not it's like a welcoming it's a feeling it's a vibe and they've always taught us that you know it's that kind of leadership that actually makes things happen so as any entrepreneur as any leader in whatever industry whatever field any artist creator entrepreneur you need that kind of leadership uh because if not you're gonna fail it just it doesn't work any other way if you don't care about the people that are working for you they're gonna leave if you don't care about the people who are working with you why would they work with you in the first place you know and it sucks because sometimes in business you think you know it's oh it's all about the money it's all transactional it's all um you know i win you win but we have to go back and forth like there's no end to it and you know that that might work you know in certain cases but i feel like if you're thinking long term if you're thinking i want to stay in this forever yeah it might be slower growth um but it'll last forever uh having that type of leadership that love leadership that aloha leadership where you care about everybody you treat everybody as an actual human and not just a number no i think that is definitely great advice and you know it's a balance if you if all you do is treat everybody just like a friend and family and you'll never let them go never cut them you'll never force them to improve your business can suffer in the sense that you can't be friends with everybody but i like the idea that you know i think that too often it gets pushed to the other side of you just think everybody's you know everybody's just a number on a page or everybody's just kind of a you know robot so to speak after you let him go oh well type of thing because then it removes that human aspect of it so i love the ability to find that balance that will allow people to improve and become better be encouraged and also feel supported so i think that's great piece of advice well people were to reach out to you they wanted to uh be a customer or a client of one of your businesses they wanted to be an investor they wanted to be a your next best friend any or all of the above what's the best way to reach out to you contact you find out more uh plenty of different ways i would say because of this platform and the folks who would listen uh you know to your podcast and everyone involved with you i would say linkedin would be uh you know the number one way to go about that end um because obviously i have like my social media um and you know my websites indicive.com the freddyscholarship.com uh but the number one way to really get a hold of me as far as this world goes the business world goes it would be linked in eric jarrah eric dara 300 like you know this this forehead and this mustache is very recognizable you look up eric jarrah and like yeah you'll see who it is so all right well i definitely encourage people to reach out contact you to find out more because i think there's um a lot of great things that you have going on you have a lot of uh it would be a great words of wisdom a lot of lessons learned um so with that appreciate you coming on the podcast it's been a fun it's been fun it's been a pleasure now for all of you that are listeners out there if you'd like to tell your own journey we'd love to have you on the podcast just feel free to go to inventiveguest.com apply to be on the show also if you're a listener as you hopefully are make sure to leave a review on the podcast so other people can find out on all of our awesome episodes and also make sure to click subscribe so you don't miss any of our awesome episodes and last but not least if you ever need help with uh your patents trademarks anything else with your business feel free to go to invent or go to strategymeeting.com and grab some time with us chat we're always here to help well thank you again it's been a fun it's been a pleasure and wish the next leg of your journey even better than the last thank you so much devon i appreciate you [Music]

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Remain Humble

Remain Humble

Yvan Demosthenes

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/11/2021

 

Remain Humble

There are two of them. Make sure you've got money, number one. Everybody knows that. But secondly, I think that an example that I can share from what I just shared with dropping the ball and all those opportunities is to remain humble.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 there's two of them make sure you got money number one everybody knows that but secondly i think an example that i can share from from what i just shared with the um uh dropping the ball and all those opportunities is remain humble [Music] everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups in the seven and eight figure businesses as well as a founder and ceo of miller ip law we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com and we're always here to help now today we have another great uh guest on the podcast ivan devostim as close as i can get to his name um and pretty good pretty good all right this is a quick introduction to ivan so ivan was born i think born in haiti um and migrated to the us with his parents at about six months uh or six months of age um and then grew up in new york till he's about 10 years old and then moved over to ohio and went into sales so i think it got into sales while i was in school doing something else and decided our sales was where he wanted to be um and then got a job at uh ge or general electric later moved over to career builder built up a lot of relationships ran into a guy started talking became his business partner and didn't know what they wanted to do but they were going to do something and that led to where he's at today so with that much as an introduction welcome on the podcast ivan oh my pleasure devon awesome job you take good notes hey gotta make sure that we give a good introduction for you so yeah i just gave the and i gave the 30 second kind of quick run through of your whole journey and you know pretty hard to take it into 30 seconds so why didn't take us a bit back in time to where your journey started in haiti and how he got to where you're at today yeah so i was a baby when i came over this was uh 1970 uh so the the uh disco 70s and lived in new york my my father who's a physician psychiatrist um uh decided he wanted to move to of all places lima ohio moved there diversity kind of became the forefront of everything i was because i went from a neighborhood and schools that was really the united nations of uh neighborhoods of communities going to a place where i stuck out like a sore thumb and trust me when i say devin there weren't a lot of haitians living in in lime ohio at the time uh fair enough i'll take your work there i lived in my word wow but never been to there so so now you've grown up yeah did you know i'll go ahead yeah so i went to school thought i was going to follow in the family the family uh legacy of medicine uh uncles and aunts all in medicine surgeons etc um but had the opportunity to to discover sales and out of uh college uh became very intrigued with the behavior of uh the sales process right uh the the the uh the uh uh relationship building the uh picking up on sales cues etc it was just fascinating to me so one question for that just because so assuming went to high school adam did you kind of go into sales out of high school did you go to some college and you signed sales this year i was graduating work kind of work i went to the universe yeah so i when i went to the university of cincinnati which uh since you you spent some time in cleveland you you know it's the uh it's by far the best university in the state of ohio let alone the country i'll go i'll go but i'll give you a second best yeah yeah second best yet uh but close close second but still second uh but go cats and um yeah i uh my undergrad was in natural science with a concentration in biology with uh with the hopes of going into medical school and following in the family footsteps and you know along the way you know we all have our own our own little journeys and i had a buddy who who uh was in the retail business he owned a chain of furniture stores you know kind of unusual for a young 20 mid 20 something someone to have a chain of stores but he uh he came from that type of background uh both sides of his family were in that industry so literally uh he's two three years older than me and uh needed somebody that he could trust to come on board next thing you know i'm working with him and he was great at sales he'd been living this his whole life i mean he he could zero in on somebody who had no intention of buying anything uh to by before they left they were signing their their name on the dotted line right um you know what brings you into the store today you're looking for anything in particular all these nuances you know reading the customer picking up on cues etc uh and building those relationships so those customers would come back right so a lot of repeat customers and as uh as my sales abilities grew i i ended up going to ge uh great company and uh you know so people just recognized my my abilities and then um suggested what yeah because one question because you know going from a smaller sales position to ge i mean ge certainly a big company has a lot of branches so how did you first of all what made you decide to make that transition over and then how did you accomplish it well devin that's a question not a lot of people have asked me in a very long time so you gotta imagine this was about uh 25 years ago you know over 20 years ago uh so my buddy like a lot of friends uh fell in love and decided to get married and uh it was now a family business rather than just one person's business and uh a lot of the reports that we had during work and after work didn't necessarily fly anymore so basically we weren't going to all the parties that we were going to before right so uh made sense to move on and uh had the opportunity at general electric and we were selling um it hardware and software at the time uh ge was one of the largest if not largest uh it software and hardware resellers in the world they had uh purchased several entities to to create one huge huge company within ge capital at the time and it was based here in cincinnati which was pretty cool to be part of all that and then uh my one of my supervisors came to me um he said that the only thing i was missing was was uh was the better business sense better uh you know more more acumen in business and he recommended that i that i pursue my mba which opened a whole new world to me i had no idea like the business world really existed even though i was in it i was so focused on sales but now i realize the true and full impact of sales i started seeing you know everybody sales person from the person behind the cashier register asking if you want extra socks to go with your outfits to the salesman at the at the car lot to uh professionals that are providing a service such as attorneys accountants everybody they need to make you feel comfortable right there's certain type of sales that goes to that you need to feel comfortable from somebody that you're uh seeking a service from and through that um i had the opportunity to get on board with career builder and really that was my my wheelhouse i feel as though i'm a people person so one one question on that so working in ge decided hey i want to get kind of a bit more business background or acumen or kind of whatever that might be so when i assumed that you went and did the mba full time and left ge is that right no i did my mba while i was uh still working on it okay yes yeah i'll go ahead i was yeah yeah so i would i was so i was a grown-up just uh trying to better myself at that point you know working full-time and the program that i went to was through a liberal arts college which i happen to adjunct their new uh upper level students seniors getting ready to graduate it's an advanced course and really a lot of the things that i learned along the way and through mba because i really feel strongly feel that good sales people are ethical sales people they're ethical people and they see the the uh impact that they have not only on their customers being a good advocate for their company as well and really when you're a good sales person you're really bringing new ideas new methodologies new thoughts new technology to organizations that they that without you they may never have the opportunity to even consider let alone try right so i i like to think salespeople make the world go around even if you don't have the title as a salesperson uh you you're bringing yourself you're selling yourself in in certain instances you're selling your products you're selling your ideas all those things so now one because so because one question to follow up on that so you were working at ge saying okay i'm gonna better myself when got the nba at what point did you decide to go to um you know switch jobs and go to the they're more of the uh recruiting side with the next you know the next step for your inventors hey you know i've gone as far as i can with ge or this is a better opportunity or kind of what my era caught you to make the switch yes so at that time if people want to look it up when uh ge made all these purchases to become this huge entity within ge capital they went from a multi-billion dollar company to 30 million dollars so billions to just a handful of millions it was um fortunately i was in a division where we were really the only things keeping the last few people afloat so we so i was in transition when the opportunity to come on board to careerbuilder uh presented itself as a matter of fact it was a friend that had recommended me to to uh careerbuilder because she had just given her resignation that day because she she got a job at procter and gamble they were starting a new pharmaceutical division at the time and she just got on board and said hey i know for a fact they're looking for someone because i gave my two weeks today be more than happy to to uh uh recommend and refer you and i'll tell you it was a great experience i made some great friends there uh the manager there himself i gotta tell you if if i didn't have that mba on my resume i don't think he would have hired me we uh we're great friends now we support each other's families i love their kids and he uh he's been over to every event family event here but i remember him looking at that he was kind of perplexed and he looked at the bottom and said oh you have your mba i'm like yeah and he's like you're hired right on the spot and uh taught me uh taught me a lot of things i i realized that this was really my my natural space in the human capital uh uh world because i love talking about people i love connecting people and focusing on talent acquisition really you know gave me gave me what the energy for not only my sales ambitions but to connect uh present uh provide and seek out relationships to grow my business my personal book of business and everything else that you can imagine so it was really a great fit for me and then as chance would have it monster came calling came on the monster continued to do that and right about that time i started putting some things together so all those things i mentioned to you before it's like hey you know i my whole my whole career i've primarily been transactional you know like these cold calls when i would get somebody on the phone although i'm a relational person always open to meeting people wanting to to share everything that i had to offer to them i was really transactional you know i really coveted that one call sale that one call closed uh or speeding through the process to deliver whatever i needed to deliver and what i discovered is when i did my best and when i when i when i really brought it home the big ones it was through relationships and solution selling right now let me so now you you know and it makes sense you know okay you get into love sales evolve in your business or evolving your kurdi you know to expand and to take on additional roles and you go through you know a couple companies come calling now maybe jumping forward just a bit in time now looking kind of at the how you got into doing you know startups small business working with the other individually doing how did that transition or how did that come about yeah so um you know pretty much with the relationships that i'm building right i learned how to hey we're not just selling these widgets they're i'm not selling a commodity yeah i may those may be what i enter or start the conversation with what begins the whole process so i started seeing how building these relationships led to multiple opportunities that recurred over and over and over again i like to call it being a trusted advisor right so my wife when we got married she would get angry at me because my phone was ringing all time all hours of the day and night and on weekends and i would just smile at her and i'm like hey if a client calls me on a saturday morning then i know i've got a great relationship with him so pushing that to where taking that to what you asked me i had the entrepreneurial spirit and ran into a gentleman called sean hamilton who i like to share with others that he is an air force veteran and as we started chatting getting to know each other we had a lot of similarities and our approaches to to business were very very similar um and he really wanted to find ways to to grow career-wise grow professionally and at the same time give back to not only those that he that he served with but his community and as much to the country as he could and one way that we thought that we could do that was you know through recruiting and providing opportunities to individuals that all these companies had to offer match them up right and with um and when um the opportunity arose we provide some diversity uh diversity recruiting because the military is and veterans and their family members to us are considered part of that diversity spectrum right you've got you've got they travel around they bring it they bring up different perspectives different global knowledge to whatever organization that they want and truly in my eyes and in my partner's eyes we view diversity as bringing deep diversity of knowledge and experiences to whatever group entity organization that that you're uh able to bring into so we created our organization hamilton demo around that premise and then we also certified ourselves as a certified veteran owned company in vbe within the department of veteran affairs which we're very proud of and with that we've done some pretty cool things so to my point uh we've started conversations where we're doing executive search replacement maybe filling a recruiting need that is immediate but from there we've helped consult around the whole talent acquisition or recruiting process within organizations we started off working with enterprise companies but over the past few years and we've been around going on our fourth year but over the past few years we've realized that the bulk of our revenue comes from small and medium-sized companies that are growing there's a lot of them out there and you know they they as they ramp up and as they grow they have a lot of uh recruiting needs not just only with human capital but with technology and processes as well and we've been able to integrate different solutions from strategic partners and and other resources that we have to help those organizations so we've become stickier we've become more valued we've become that trusted advisor where we help them with pretty much a lot of things outside of even talent acquisition right so it's been a fun ride so far uh got a lot of things on the deck that we're super excited about from uh a new clients to clients that we've worked with with um in the past couple years that have introduced us to uh other clients in uh everything from non-profits to uh colleges and universities and um also other growing companies and gosh devon um it's it's exciting i mean we're getting ready we're getting ready to embark on um some deeper opportunities for government sales as well so this is an exciting time for us well sounds like a lot going on and a pretty exciting time so no that was a fun walk through a bit of your journey and hearing kind of the the different pivots and transitions you make so with that in mind you know time that kind of leads us to the two questions i always ask the end of the podcast so we'll jump to those now so with a longer journey what was the worst business decision you ever made and what'd you learn from it oh wow so let me um this is a this is a good one so people share that you can drown from opportunity and i experienced that firsthand i never thought that could happen uh but we we uh connected with a wonderful person who who uh shared with us his his ability to help generate leads for us and we were like hey let's let's take advantage of this well devin and let me tell you this is one of the worst business decisions we made because not only because it didn't work it worked too well we were not prepared for the influx of leads that came that came to us we didn't have the internal uh infrastructure to support and to manage it and what that led to was a lot of confusion uh within our company to the point where we did not look professional at all we dropped the ball so many times it was really a bad experience and those clients that we missed out on that we didn't put our best foot forward i uh although although we may never reconnect with those individuals or companies uh we want them to know that we learn from it and we're better that will never happen again right no and i think that that that definitely makes sense and you know it's an is this one where you you think you'll never have and it's a good problem to have in the scentsy it's always better to have too much work than it is and not have enough work and yet people think oh you can get taken care of you can handle it but if in the other hand if you are now your quality is suffering if you're not able to make the deadlines if you're not meeting expectations because you have so much work then it makes it difficult and then people start to have a bad experience and they can actually have the reverse effect of people or you know you get a bad reputation or they give you bad reviews or they don't want to come back and and so i think there is that balance where you have to make sure as you grow that you can maintain the same level of service and you have the ability to grow with that so that you can make sure to keep a good experience for everyone so i think that's a great uh great or an easy mistake to make but something great to learn from yeah now as we as we jump to the second question which is um if you're talking to somebody that's just getting into a startup or a small business would be the one piece of advice you'd give them so if i can use that same example that that i use there's obviously tons of examples um examples of advice that you can give um there's two of them make sure you got money number one everybody knows that but secondly i think an example that i can share from from what i just shared with the um uh dropping the ball and all those opportunities is remain humble because you can be humble but still not be humble i feel like i'm humble but truly as you're gaining success and you start to feel really good about yourself um i really felt like i could handle anything my partner felt that we like we were just things were just everything that came up to the plate we were we were knocking it we were knocking out the park so hey if you're going to generate us leads just send them over we'll we'll we'll make it happen well you know what uh that was probably an opportunity that hey even as good as we were feeling and the right we had the right to feel that way a little bit of humble pie may have allowed us to take a deep breath and kind of gauge things a little bit better so we would not have experienced that so i'd say remain humble and uh uh you know in connection with that too i guess i'm answering three questions giving you three answers but as you remain humble always try to do the best for your clients and for everybody around you i think if you if you try to to keep to that um seek success um and as you're being successful in growing and and attaining all these great things that entrepreneurship and being a business owner can give you you bring others up with you and make other organizations better there's no better feeling than that i think that's great advice and great answers to the questions so thank you so yeah my pleasure well as we as we wrap up but people want to reach out to you they want to hire they want to be a customer they want to be a client they want to be an employee they want to be an investor they want to be your next best friend any or all of the above what's the best way to reach out to you contact you find out more well i i love to share my phone number people tell me not to but i'm going to share my phone number because i'm a salesperson and every salesperson at their heart wants to give out their phone number and that's two five 513-257-9683-513-257 nine six eight three and devinal really quick story i said that number so often uh in front of my laptop on the phone that my kids memorized that number and when they were little at school they whenever i was late to pick them up they would recite that that number just the way i said it there so please give me a call also you can go to hamilton demo that's hamilton d m and you can find out all you want about us and my number is on the site as well or you can feel free to send us an email that email is there you can send it to ivan with the y y v a n at hamiltondemo.com or you can send it to admin at hamiltondemo.com or give uh or give devin a call shoot him uh shoot him a line he'll be more than happy to share the information with you absolutely i think that's great ways to connect and definitely encourage people to to reach out and do so yeah thanks again ivan for coming on the podcast it's been a fun it's been a pleasure now for all of you that are listeners if you have your own journey to tell and you'd like to be a guest on a podcast we'd love to have you just go to inventiveguest.com to apply to be on the show two more things as a listener one make sure to click subscribe and your podcast players say no one all of our awesome episodes come out and two leave us a review so everyone else can find out about all of our awesome episodes last but not least if you ever need help with patents trademarks or anything else just go to strategymeeting.com we're always here to help thank you again ivan and wish the next leg of your journey even better than the last yeah thanks man

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Improve Yourself First

Improve Yourself First

Daniel Marsh

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/10/2021

 

Improve Yourself First

The biggest advice is to make sure you are improving yourself first. There is a really cool statistic out there that some of the most successful companies are started by forty-year-olds. People in that age range. Why is that? Probably because they have all this professional experience that they had where they know the opportunities. They know how to execute things. They have made mistakes and learned off of other people's dollars how they can go do it for themselves.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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 [Music] the biggest advice is make sure you're improving yourself first because um i mean there's a really cool statistic out there that some of the uh most successful companies are started by four year olds you know people kind of in that that age range and why is that probably because they have all this professional experience that they have where they know the opportunities they know how to execute on things they've made mistakes and learned off of other people's dollars and now they can go do it for themselves [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups and seven and eight figure businesses as well as the founder and ceo of miller ip law we help startups and small businesses with their patents and trademarks you ever need help with yours just go to strategymeeting.com always happy to help now today we have another great guest on the podcast daniel marsh and as a quick introduction to daniel so i'm in high school he worked for his brother's landscaping company and then in college dived into the world of entrepreneurship and i think even it was did something with the byu entrepreneurship club and he concludes a little bit more about that um started his first company i think his sophomore year in school sold it for a few hundred dollars that not a huge amount but did make a little bit off of it partners didn't want to keep going also got into an international business competition with his professor graduated nothing excited to him i went and got a job i think at epic which is a hospital software and moved over to another job did that for about a a year and a half and then her and then an opportunity came along to start his own business and uh in building an operations platform and uh been doing that ever since so with that much as an introduction welcome on the podcast daniel thank you glad to be here well excited to have you so i just did a much or a 30-second run through a much longer journey so why do you take us a bit back in time to where new journey gets started with uh working for your brother's landscaping company sure and you know i can start a little bit more with like the whole upbringing of because obviously he's my brother but you know in my family we had great examples both my parents and my grandparents that really put inside of us this this idea of being creators and being able to shape the world around us start our own things own our own companies and so my brother he took to that a lot quicker than i did started his own landscaping company i believe when he was 14 and you know that just opened the door of opportunities to a 12 year old who wasn't even thinking about work and jumped into that and you know after a few years of doing that he was able to accomplish much more and but it also planted that seed inside of me of well what can i start and i got into entrepreneurship pretty heavily my sophomore year in college so one quick question just to kind of dive into that so after kind of growing up with that family environment seeing your brother kind of or do his own business working for him were you kind of going into college already wanting to do your own business be an entrepreneur or is that kind of did it take you a couple years in in college to discover that so i always wanted to be i guess you could call an owner of a business and i had that from very young age i didn't know what entrepreneurship was though until maybe a little bit later into college i mean a little later in high school and then early in college when i really discovered the whole community around it so no definitely makes sense and i was probably a bit i similar at least probably not quite to that level i mean i always thought it was i kind of watched up my ears i was growing up my dad was a bit of an entrepreneur did several things and always kind of intrigued me but it was more towards the for me it was kind of to the end of uh when i got my engineering degree that it kind of when i hit that crossroads of what do i want to be when i grew up so to speak that really kind of hit it for me and drove home that that's or that's at least in part the path i want to take and then continue to follow that part of the path so now you're into you know sophomore year of college so what was the kind of the first business that you started that you sold up for a few hundred dollars sure so the name of the company is utah bridal makeup and you know just quick background on it at this point in college i'd already been involved with the entrepreneurship club at byu for several months both as a participating member and also starting to get involved more as a leader in this this company or this club so at that point i was already exposed to lots of different principles such as business model validation and um kind of these ideo that's a really great company that has a lot of great design uh methodologies that you can use and copy for your own personal designs and and so at this point i was kind of you know very confident in the idea that you know it doesn't matter what topic of business that we enter in we can make it work and so i had this this classmate that was really interested in makeup and she's like i want to do something with makeup and i was like okay i can work with this and enter into the business model of utah bridal makeup where i really was interested in this this area because one with weddings there's no customer loyalty at all you usually don't have a lot of repeat visitors you know hopefully you're almost in the business where you don't work or he's not the same person you want referrals but i'll repeat business exactly exactly um so i thought you know this is a great thing how do these companies go about you know finding clients and a large portion that was all done through bridal fares and so so i looked at it and i was like you know what we could easily just get into this space no problem and and we kind of set up this little ingenious model where we didn't actually have any cost outside of marketing to run and operate our business we would get jobs and kind of farm them out to other [Music] well more experienced and qualified individuals than myself to actually do the makeup on these um these brides and and you know for a first attempt at starting a company in a space that i had no experience with it it actually was pretty good except the only big thing is um about three or four months into it the partners that i was working with weren't really interested in pursuing it and this was kind of their first taste of entrepreneurship as well too and so we made a simple exit by you know finding a an individual that was actually interested in doing this more of a lifestyle business and we sold it to her now one question just kind of follow up on that so yeah you had your business partners and you kind of mentioned that you know they got into it after a few months it was just not desirable was that you know kind of that it wasn't a good working relationship with the business partners was it more of hey i don't want to be an entrepreneur or i got too many demands on my time or kind of what you know what caused the decision to say okay and i know it's a compound question i try to avoid those sure one follow-up question to that is you know what made you decide okay you know because you could have kept going with it as well so you know you could have said okay i'll buy you guys out or i'll keep going on my own so kind of what was the process for them deciding to exit and then what made you decide to exit along with them sure so so where this started was this actually started as a class project and um and i was really good about taking the project and actually turned into something real and so i was a lot more interested in maybe making this long term than i think some of these other classmates were but to your part of your question uh absolutely some of these partners were like yep i explored entrepreneurship and i realized it's not my thing and uh and so they and i don't think there's anything wrong with that i mean i've done that i've you know i work with a lot of starters in small businesses and i think there's some people that they try it out and they're saying this is just great and i want to keep doing it and it's fun and exciting now they're saying well i always thought it would be fun now i tried it out and i'll go back to working for someone else because i don't like that all the things that come along with it so i definitely don't think there's anything wrong with it it's just interesting to see as people try it out you know what their reactions are so now you know so now you said okay now to kind of follow the second question you know which is you it sounds like you're still excited about it or at least you saw an interest in being entrepreneurial what made you decide to rather than kind of take over buy them out or continue on to to move on or go do something different sure and um that's there's multiple reasons there i actually really think the space is still there's some really interesting software tools you can actually build in that space and if i ever have you know time on my head maybe i'll i'll take take that approach but i think at that point in my life i was a lot more interested in a lot of the other things that i started getting involved in so i had a professor his name was nathan fur that i was working with and he brought me on as one of his research assistants to start this competition called the international business model competition which was a very it doesn't sound like a big change from a business plan competition but from a methodology and approach to how you go about actually establishing this business model um or this this idea for a business it's it's very nuanced and different it's a different approach entirely than conventional business plans and so i had an opportunity to work with him and start building this competition and that was something that's really exciting to me and we were just at the very ground floor of building this makeup company which in my mind was more of a lifestyle business than a scalable startup and so all in all it wasn't like i'm running away i don't want to be an entrepreneur but rather like i have other opportunities that excite me way more you know and i think that you know just to dive in again but i think that that's where a lot of times i think that that's where a lot of journeys start for entrepreneurs is initially the idea of a business is you know is is excites you and you're saying well i don't care what the business is it's just fun to do your own business and to get it done and you know it's worthwhile and then as you as you get farther in you're saying well you know in addition to just running a business or the business idea i really want to have a business that i get passionate excited about and it's kind of something that excites me more which kind of sounds like your journey and even a bit of mine as you know earlier on some of the businesses i did that are still around were ones that i i was excited more about the opportunity or doing the business and doing my startup than it was about the actual business and as i've got later on i said you know if i can find a mixture of both and it makes for a much longer term viable business 100 agreed yep so now you did you so you enter in with the professor do the business competition you know not or the business competition or do that and then kind of where did you where did your journey uh pick up from there well um so actually i spent a couple years working on that competition with them so and we we expanded at several universities the third year which was my final year we had harvard university co-host this with with us and i spent a lot of time mentoring other entrepreneurs on the the concepts of business model validation and really had the opportunity to see lots of very talented student entrepreneurs take problems not only problems they had but problems they had to discover and create these elegant solutions through very simple tests that a lot of times didn't cost any money but um just costed effort and time and and so for about three years of just kind of being involved and seeing all these entrepreneurs do these these come up with these amazing business models you know it really helped me to refine the creative process and um and methodologies of how to to build sec a successful startup no i think that you know that's a great place to learn and i think and a great place to kind of figure out how to do entrepreneurship startups you know i think it's interesting you know a lot of people go get an mba or get an entrepreneurship degree or something in business related and yet you'll go through your whole whether it's either undergraduate or graduate school never actually starting or trying your own business or doing anything even in that build other than just getting the degree and you know what what better time to start something and try and fail if you're going to fail while you're in school why you know you don't have the financial pressures while you're still learning and also applying what you're learning and i think that's awesome that kind of is a route that you took that hey you started a business you did a business competition you're doing things outside of school both to make sure you like it but also to apply what you're learning and to reinforce it so now you're coming out of school and you know i think you mentioned that there you just wasn't anything that excited you or there wasn't anything that you could really hit on that you know that you wanted to move forward on is that right so yeah so i was still in the process of exploring different business concepts and always had it as kind of the dream of mine to be building my own company but by the time i hit graduation i just did not have an opportunity or pain that i wanted to solve to the point that i was willing to forgo the opportune cost of actually having a job and so i picked up a job in software i was actually earlier this year looking into doing something with medical software from from a startup standpoint that didn't arrive to anything that was really concrete so i thought it was really fitting to go and get a job at a medical software company to kind of see what i was going to miss out on and how complicated the endeavor that i was actually about to try to tackle from an entrepreneurship standpoint was well now i'm going to learn learn this from a you know a company that's been in the business for 30 plus years so i thought that was a really cool experiment to to go to so now and i agree and i you know and i think that is always hard sometimes you have a very big passion you want to be an entrepreneur you under your own thing but you can't come up with that you know the timing isn't right i just can't come up with that idea and so you know i like the idea that the kind of the next best thing is well i know i want to be in this area i want to do something and i think this is an interesting exciting area until i have my own idea until i have something that i can latch on to do the next best thing which is go get experience from other people in that area so that you're all the more prepared for when you do have that kind of idea or you know that that timing makes sense for the the entrepreneur you know the the entrepreneurial endeavor so you go work for for that business for a period of time and and then you know kind of where did you know where did it go from there how did you how did it continue to proceed as you were working for that business yeah so i learned a lot at epic they are a they offer a really strong product for hospitals and um after working there for two years you know it's just that entrepreneurship bug kept poking its head back out and i was like you know what i need to go work at a smaller company or start my own thing i had reached out to one of my earlier contacts back at byu kind of exploring if there was any uh interesting startups in the area that i should approach and he actually on the spot offered me a job saying i'm starting my own thing right now so i came up with kind of this i am looking for something in this area this entrepreneur there's a startup let me know if you if you have an idea oh i'm doing my own why don't you just come join me sounds great it was yeah definitely something that you can consider maybe a little bit of divine providence there um so i jumped up over here in utah we spent a couple years um i spent a couple of years working at that company and um honestly learned a ton at that company um but again you know i feel like journeys sometimes you know they're stepping stones or building blocks and uh even though it's right for you at that moment it's not always going to stay right for you and so i only worked for that company for about another two years in my professional career before moving on to my final company that i worked at before starting the company i'm working at now and it's really interesting each company i worked at i learned a very important skill that has prepared me for what i'm doing right now so now one question just because you kind of jumped over just a bit so rewind see you know you go work for the friend it's you know the fun startup and they say now you know you kind of jump to what you're doing now what what necessitated that jump or kind of how did you make that what caused that transition um transition from my professional life to startup or for from company two to three which one are you asking about we'll go with all the about no we'll go with company two to three so company two to three um well the interesting thing there is um i made a really cool transition from company one to two where i was working at a software company into a new software company that was much smaller and i got to start working it in the role that i really wanted which was product i really like product design product management and the company there was growing in a way that no longer really matched my professional ambitions and so i think it's really important to be true to yourself and to you can sacrifice a little bit for companies but if you're actually going to sacrifice your professional ambitions for a company that's kind of when it's like well maybe there's better opportunities out there for me and so that's where i left um my second company moving to the third company and the cool thing about the second company is i did product management and the third company i did product design which is kind of the opposite sign of the same coin and so when you look at everything that i've done i've actually touched um i would probably say maybe 75 to 80 of positions you could have at a software company in some facet or another but everything that i've done is focused on products oh i think that that sounds like an awesome and exciting journey so definitely uh it sounds like a fun time so now that brings us a bit uh you know a bit to where you're at today or you know kind of brings us towards the present but now looking towards the future you know you take the next six to 12 months kind of where do you see things headed what's in store for you and what what's next for you sure so the cool thing about where we're at right now is we've already spent about a year the team and i have worked about about a year to start building this this product and we've we have a few solid beta clients are giving us feedback on it and we're trying to really so going back to my business model competition days we're trying to nail this this product and then go out and scale it because the opportunities are out there and so we're taking our few beta clients right now really refining the system make sure it works perfect for them and once we get it to where they give us like 10 out of 10 review this is awesome then we're gonna open up the floodgates so next six months i project us going to market outside of our beta clients well that sounds like you'll be in an exciting you know it's next several months and you know it's always interesting as you move out of beta and you bring on clients first of all it's interesting to move it they're fun to move in data to actually see something working or at least reasonably working and then usually you learn a few things in beta about what doesn't work but then even more so once you bring it out of beta and you're saying okay it's out in the market now we have to see we have first of all we have to figure out we got to sell this thing we have to get people to buy it but it's fun when you do start to get that clients and when you actually say hey people are do like it you know they are willing to accept it they are willing to use it and they're willing to pay us for it and we're not just burning money and you know getting er bringer you know putting blood sweat and tears into it but we're actually making her money off of it it's always a fun time so i think that'll be an exciting time for you so yeah well now as we've kind of now brought us to the present looked a bit into the future we've reached that point the podcast where i always have two questions towards the end of the podcast and we'll jump to those now so the first question i always ask is along your journey what was the worst business decision you ever made and what did you learn from it you know i was doing very well at not remembering this for years and then you you press those memories down you don't want to remember the mistake yeah yeah so um senior year in college right before i graduate probably about um the semester before i it's the year before i graduate so it's the first semester i have an opportunity to at least explore founding this company called alet with um you might have heard of it it's a reasonably big company in utah i think they're they're valued at about a billion dollars right now exactly so uh that one looking back on hurts just a little bit every time i think about it because i remember the uh the guy who initially started his name is jacob um pitching the identity and i just remember listening to it i'm just like nah i don't want to do anything with babies and i i look at it as um and actually i'll kind of tie this in a little bit to your next question um but i look at it and what i've really learned from it is that you can't always just discount something that you don't understand you always have to come to things with open minds and when somebody ex who has different experience or knowledge than you comes to you with maybe this idea chances are there's a lot that they don't i mean there's a lot that you don't know that they they have as a background and so you should take the time learn what you can from them and and really make a a decision that's not based on your gut instinct initially all the time no i think that's that's a great piece of advice but it's also one where you know you do always kind of well does that make sense to me do i think it's a good opportunity because sometimes it's not a good opportunity but i think it does you know rather than always just basing on that knee-jerk reaction if somebody's excited about it they put in a lot of effort and time to develop it at least give it you know a good look into and see if you know if they're if you're overlooking something or why are they excited about it and why it makes sense you know i talked about it on previous episodes one of my favorite shows i love to watch and i think i've watched almost if not all the episodes pretty close to it with shark tank and you know those you know and whether or not it's completely founded in reality it's still fun to watch and see all the different businesses but one of the ones that they passed on was ring doorbells which is now a again a multi-billion dollar business and you know is grown and taken off and it's kind of the same thing they didn't get it they didn't you know they didn't take the time and i think that they pass on to what is obviously a good opportunity and so i think that you know i think that's a great lesson learned is you know when and a mistake made of hey first like you could have been a part of a multi-billion dollar business but even more so you know learning from that mistake as you're moving forward i'll still ask my second question and maybe you can build on that which is if you're talking to someone that's just getting into a startup or a small business what would be the one piece of advice you'd give them sure no and this is this is something that i think i can kind of break up into both for like aspiring entrepreneurs and then also entrepreneurs but my mantra personally is aspire to greatness and and kind of how i use that to direct my life is that i have very high expectations of myself i'm constantly looking to improve myself and also growing in skills and knowledge as i go for forward in life well when we look at the problems that entrepreneurs are going to be solving this day a lot of the easy stuff is already being serviced but what isn't being serviced are things that are either difficult to execute on or problems that require a specific skill set or specific knowledge to to be built to even know what you're supposed to be building and so the last three jobs that i had before starting this company have been real testament to showing that you can develop a very solid skill set in something and become very valuable to teams to other individuals other entrepreneurs um potential partners and um and then complement each other extremely well and so the biggest advice is make sure you're improving yourself first because um i mean there's a really cool statistic out there that some of the uh most successful companies are started by four-year-olds you know people kind of in that that age range and why is that probably because they have all this professional experience that they have where they know the opportunities they know how to execute on things they've made mistakes and learned off of other people's dollars and now they can go do it for themselves i i love that and i think that is absolutely great piece of advice and definitely something people should take to heart well as we now wrap up the podcast if people want to reach out to you they want to now that you're moving out of beta test they want to be a customer they want to be a client they want to be an employee they want to be an investor they want to be your next best friend any or all the above what's the best way to reach out to contact you or find out more sure so our website has a way to contact us our website is xenonchex.com and alternatively you can reach out to me directly at danny that's d-a-n-n-y at xenonchecks.com well i definitely encourage people to check out the website and reach out to danny uh as as make sense for him and get her to get some great uh words of wisdom and or use the software so well thank you again for coming on the podcast it's been a fun it's been a pleasure now for all of you that are listeners if you have your own journey to tell and you'd like to be a guest on the podcast uh feel free to go to inventiveguest.com and apply to be on the show two more things as a listener one make sure to click subscribe and your podcast player so you know when all of our awesome episodes come out and two leave us a review so everybody else can find out about all of our awesome episodes last but not least if you ever need help with patents trademarks or anything else in the business just go to strategymeeting.com and grab some time with us to chat thank you again dan or danny or daniel whichever you go by or whatever you prefer uh for being on the podcast it's been a fun it's been a pleasure and wish the next leg of your journey even better than the last thanks devin [Music] you

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How To Deal With Conflict And Work Relationships

How To Deal With Conflict And Work Relationships

Jerry Fu

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/9/2021

 

How To Deal With Conflict & Work Relationships

The clearer and more specific plan you give when you start to notice the expectations slip, the more likely you are to actually act on it. Now you have a clear plan lighted steps forward to be sure that to say ok, I need to engage and, I feel scared and default to comfort and avoidance if I don't have something. If I light this staircase up and I have the exit ramp lined up for me now I am more likely to engage in the behavior I know I need to do for the benefit of me, my relationships, and my company.

 


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Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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 the clearer and more specific the plan you give uh when you start to notice that expectations are starting to slip uh the more likely you are to actually act on it because now you have a clear plan like you know like lighted steps forward to be sure that to say okay i need to engage and i i feel scared and i'm going to default to comfort and avoidance if i don't have something but if i light this staircase up and i like you know have that exit ramp lined up for me okay now i'm more likely to actually engage in in the behavior i know i need to do for the benefit of me my relationships and my company [Music] hey everyone this is devon miller here with another episode of the inventive journey i'm your host evan miller the serial entrepreneur that's grown several startups in the seven and eight figure businesses as well as a founder and ceo of miller ip law we help startups and small businesses with their patents and trademarks you ever need help with yours just go to strategymeeting.com and we are always here to help now today we have another great uh guest on the podcast and this is an expert episode so um the guest is jerry fu and uh we're going to be talking a little bit about the thing that people always try to avoid which is conflict resolution work or work relationships how to fire someone or how to deal with difficult bosses or employees maybe a bit of romantic relationships and all the things that are always uncomfortable that you're trying to avoid but you need to know how to deal with so with that much is introduction welcome on the podcast jerry hey thanks for having me devin so i gave kind of a quick introduction as to what we're going to be talking about but maybe before we dive into that maybe just give everybody the audience a one or two minute introduction about yourself and a little bit about why you're the expert or why you know what you're talking about yeah sure you know i i tell people i am uh one beggar telling other beggars where to find bread you know it's like i'm not the artful dodger who avoided all the major mistakes that people make in terms of conflict i am the guy who you know uh got my face pushed in the mud and you know decided to figure out how this tastes and how i can get used to it in terms of [Music] how to help others and so the reason some of the things i dealt with i got fired from the job it came to houston four so that was a wake-up call i've had to fire people uh so you know hearing some of the things i used to say before i got fired from other people was uh definitely a wake-up call i've had to evict a roommate that was a fun situation i had to confront another guy when i was a church class director when i found out he was sexually harassing women in the class i had to kind of you know fall on that grenade and so yeah between uh dealing with you know conflicts with my parents as to my career path and you know my own uh romantic endeavors that got shot down you know we all deal with it but uh i believe that in my path to go from being a pharmacist into a leadership and conflict resolution coach that uh you know i've i've been down this road and i want to help people uh have an easier path to success when it comes to conflict resolution well that was a that was a great introduction sounds like a certainly a fun journey and someday another day we'll have to dive into a bit more of that journey um and chat about that um but now kind of diving into you know the the topic at hand which i'll start out with maybe the one that the most that make people or a lot of people probably not me so much i don't mind conflict nearly as much my wife hates it and most of my friends hate it i'm like i like to debate and i like to argue and i don't have a problem with it but for most people conflict resolution in other words especially we'll talk about it within the work setting if you're having marital strife or relationships or that at home those ones will be maybe for a different episode or a different podcast but if you're at work and you're having conflict and this could be usually kind of it i can see it taking a few forms one can be if you're the boss and you're having conflict with your employees another could be if you're an employee and you're having a conflict with the boss and the third one be is if you're an employee having a conflict with another employee but kind of as you're looking to tackle that and kind of figure out depending on the different circumstances what are some guiding principles or how do you start to deal with conflict resolution when you get here get to work yeah yeah the first tip that comes to mind is to realize that conflict never actually goes away and so people think and i used to think this too if if i fired this person or if i wrote this person up or you know i and that's good you have some degree of closure uh that's the first thing is to say okay i'm going to choose closure over my own comfort because if i stay comfortable i'm not the problem won't go away on its own that's really a big problem when people think oh well if i just wait long enough maybe they'll figure out why i'm upset with them that doesn't work right um but to recognize hey you know there's always going to be some kind of conflict uh whether it's healthy conflict or unhealthy conflict that's you want healthy conflict that's okay when people realize hey we can disagree on the why and the how uh you know of of certain things of certain programs or such but then when you have unhealthy conflict when there's mismanaged or unmet expectations uh now you now you have to make some really important and difficult decisions as to whether as maxwell says right do i train this person do i transfer this person do i terminate this person um and too often right we don't like simple answers like that but really there's those are the only three options you have if you're an owner right so let's dive into that a little bit because so i'll we'll go with the first scenario which is the owner you're the business owner you're the ceo you're the founder you know the person in charge or the boss type of a thing and i guess you don't have to always be the owner you could be a supervisor of some kind a supervisor a manager or something but you know the person in charge at least over the employees that has the ability to let someone go to fire them or to try and train them how do you go through and make the determination because you know easiest and some and i don't know if it's easier so i think it's just some degrees is to let them go now it's not fun to let people go i've done it before it's not a fun circumstance you know sometimes it's needed but how do you start to say okay is this a training problem i haven't trained them properly is this a they can't get along with people this is i should let them go or kind of how do you work your way through you know do i transfer them do i let them go do i fire them do i train them or you know kind of how do you work or start to make those decisions yeah yeah i think the first is just to you know i like what brene brown talks about or what other people say when you have to assume positive intent right when you want to say hey you know what they're doing the best they can so that can be taken one of two ways either that's if they're honestly giving the best effort okay well let's show them a little grace and at the same time if they are still coming short of standards then you know you still have to realize if that's if you can't give what you don't have and you can give me five but the job requires ten like i have to let you go right because if you don't meet 10 the company dies right or the company will suffer needlessly so the first thing you know i'm sure you've heard this before and maybe audience you know maybe this is a good reminder right you don't hire for skills you help you you hire for attitude right because you can teach skills right if the person uh as henry cloud talks about in necessary at least he says there's wise people there's foolish people and there's evil people right wise people right if assuming that they are good at what they do and they're competent and and they've earned your trust right if they do something wrong or if something's not going according to plan right all you have to do is just maintain a level of maintenance of preventive maintenance right just say hey here's some feedback and they internalize it they don't take it personally they say hey this my boss is telling me this for my good and the good of the company let's make some adjustments i demonstrate that i've taken this feedback seriously and i implement that and it's done easy enough right i'm going to jump in just i'm going to give you a real-world scenario that i wanted to ask you guys i'm not going to get into the details because i have no idea but we'll give a kind of a generalized scenario one that i've dealt with before so if you have an employee you know i'll say i'm the boss but you have an employee um that has a habit that drives you nuts so it's not detrimental to the company it doesn't harm the company you know it's not it's not creating strife within other workers but it just drives you nuts and you talk to the employee a couple times say hey this needs to change it really bothers me and you know it creates some friction and you know they'll change for two or three months and then they go back to you in the habit and then you'll have a second conversation they change for a month or two go back to the habit and you kind of get to the situation where okay i either have to accept it or i have to let them go or you know you kind of lose hope you know in that situation when you are in the managerial or the boss position how do you start to deal with that circumstance yeah that's a great question and i mean a real life example i'll give you is uh punctuality at my uh my day job and it's like you know where we've been we've been open for four years and yet somehow like you still forget like what time we open or what time is acceptable to be here on time and so this falls into kind of the realm of foolish people i wouldn't say maybe i would call them foolish but it is like well-meaning but ultimately like no follow-through people right it's just like oh yeah i know i need to be on time but there's no follow-through and so with people in this second category right you need to establish very clear and airtight boundaries right you need to give clear consequences for what happens when they cross those boundaries because on one down kind of to your point right is this a pred is this a problem with my preferences or is this a principle problem right like if if it's just this person just has like this really annoying high-pitched laugh and you're just saying well you know i don't i think it sounds smart me when they're talking with customers but they're not actually losing business because of it you might just drop that one right you're just like okay i could split hairs over my preference as to how they should address customers but ultimately you know if as long as they're building good relationships that's not up to me to get in the way of that but if it is something like punctuality and you say hey you know the team is resentful and they're unfocused because you're continually late okay you have to set boundaries to say okay if you are late four times you know in the next five in the next week or so i'm going to write you up and then here are three here are three write-ups uh and then after three write-ups you have probation and probation you know at any point if you just if i decide i'm i'm done with you you're done right flavor just a little bit i think that's great great advice and as an attorney i love to play devil's advocate so we'll take it one step further let's say it's not punctuality where you're not always able to always monitor you know punctuality is a little bit easier you can see are they showing up on time or they're not do they clock in time but let's say they're spending an abnormal amount on water breaks you know where they're sitting around the coffee table you know the water cooler or in the you know break room and they're you know everybody else takes 15 20 whatever the number is you know depending on 30 minutes for lunch break and you know 15 minutes throughout the day and this person's taking an hour break a day you know so it's more than what everybody else has expected but they are a great worker you know they do a good job and they you know everything else you like about the employee but you just have this one thing where like you know they it feels like they're taking advantage in that one area is it one you know so you're kind of caught because you like the employee they do a good job on the other hand you're saying it feels kind of like they're cheating me on some of the time that i should i'm paying them how do you deal with that one yeah no that's a good one i mean the first is just to get curious right right can we assume positive intent to say hey okay well are they still getting work done okay sure all right but yeah let's talk about this to say hey you know i've noticed right that you seem to take 30 or an hour when everyone else is taking 30 minutes you know and they're like well yeah you know i i you know i have extra family issues or things like that and i need a longer lunch in order to doubt about it you say okay well thank you for giving me a clear picture of that and you know what kind of effect does that have what do you think that effect has on the rest of the team right like that so now it's not just about how they're affecting you you kind of shed light on hey how does this affect team dynamics and morale when they see that they feel like you're not pulling your weight because you're taking long lunches oh you know that's ideally you know hypothetically right that's oh that's maybe that's not good because there's some employees in real life they'll be like well i still i'm still fine like i don't know why this is a problem right they're gonna do that and to say could you you know are you willing to you know experiment with the idea of taking a shorter lunch and then dealing with some of these personal issues like after work or before work so that it's not affecting your perception and i mean because the approach i've taken this is real life advice guys like i tell people i'm like look um you know what kind of reputation do you think you've established here right and then they're like well i think i'm you know and then they start to realize oh well i'm not on time a lot and you know i'm not focused a lot and i realize oh you know people say oh you know she's always kind of she's always kind of you know flaky in the head it's like okay well how are you going to change that right like how do you want to affect that change so that people aren't always you know dogging you for being late or you know taking long lunches right and now you start to empower the person and realize hey you know what um i didn't realize that this is how this comes across and to say hey you know what even if you think you're right about the situation how do you want to change things for the better so that people aren't resenting you behind your back possibly for what you're doing so that's no i think i think that's great advice now i'll push one last question then we'll jump right in the conversation let's say you have that whole conversation and they you know and kind of to almost the original scenario they make an improvement you know they do good for a couple months and then you see them oh you know they're starting to take long lunches again and they're kind of reverting back to old habits which you know people generally we we're creatures of habit and you know while you try to make change that's why a lot of times people try diet and then you go back to the old way that you're eating because you enjoy it more right the same kind of thing there is so if you try and you know and then you have a conversation with them maybe a second time you say okay i'll give them another chance you know help them and you know same thing month or two they make the change and then they go back to old habits you know what point is it do you continue to give them the benefit of the doubt versus what at what point do you kind of say okay i've done my best i've tried my hardest as a manager as a you know person i you know i i got to do something else or what do i do here type of thing how do you deal with that yeah yeah and that's in coaching we talk about coaching with compassion or coaching for compliance and unfortunately guys like this is no one likes to hear what i'm about to tell you but you sometimes you have to you have to coach for compliance in this case because it's just to say hey look um and part of it is having not just annual reviews but like quarterly reviews right so you can give this regular feedback to say hey look you know we over the first month or two we were talking about this you've been great with punctuality but then i've started you know you can look at the clock in time so that way subjective evidence to say no you're starting to slip again right or something to that effect and then you can say hey look you know whether you want to tie it into their bonus you know or things like that to say hey look you know i'm going to have to give you a lower score and that's going to affect your bonus right you want to give them consequences when they don't not just from like a like a value-added standpoint with that you can't really quantify right but to say hey look you know um i've given you six months to improve on this and you're still not consistent so now i have to step up my standards uh and to say hey look if you are not on time for the next like two or three months i'm going to we're going to have to go down the write-up and probation path because i've used everything i've exhausted everything else i can to appeal to your innate desire to be a good employee and those are those are no longer working right so you want to play in the space up here first absolutely and exhaust that whole toolbox before you start to resort to um step across this line and you sneeze wrong and you're done right that's those aren't you know and and that's that's the ugly side of leadership that people don't tell you about until you have to do it and so it's like all right guys let's expose this ugly underbelly because uh if you don't give leaders like a real picture of the challenge they're gonna face and real ugly tools to deal with ugly situations um you know they're not going to sign up because you you were lying to them to begin with so yeah no and i think that that you know that that is great advice you know it is one that's hard you know some i've seen some leaders you know just they continue to give them chances and basically just keep up and say well it's i'm i either got to decide whether i'm going to fire him or i'm just going to have to deal with it and then you make that determination as to is are they the value that they provide to the company worth keeping them or is it saying hey this is just creating too much of a issue within the company even if they do great or great work it's having negative error consequences over here some people just say i'm i'm tired of it i'm gonna let it go but i think that there's that i think that's a good balance so now let's switch gears a little bit on the conflict resolution to now if you're in on the employee side and you know if you're dealing with a another employee we'll we'll quit picking on the bosses for a minute but you're dealing with another employee that you do have you know conflicts with and that can be everything from their you know they're you know i i think there's a difference if they're being you know sexual harassing you're being abusive that one's you know that one's a pretty clear cut turn them in you know if they if the company doesn't do something you should probably leave but if it you know if it's not harassing but it's just the employee is you know rude or aggressive or you know belligerent you know something that doesn't arise to the level of you know abuse or you know something along those lines but it's just you continually have conflicts you know they are you you can't get along with them you know everything you do you want to do one thing and they always oppose you and do the other or whatever that is how do you deal with conflicts between employees yeah um oh yeah i could pull from i've had so many examples because basically my my failure was the fact that there are employees who are conflicted diverse they would be upset with you know another employee and they come to me and say hey jerry can you go talk to them about this and i'm just like no like he i made the mistake i basically got caught in putting too many roles on the line and then like they would kind of contradict each other and then they would all get mad at me for being a bad referee and i'm just like no like this is not uh this is not a good system so i would tell them i'm just like okay um let's say if i'm talking peer-to-peer with somebody i can tell them i'm just like hey look uh that's usually the easiest to say hey look i'm just looking out for you right this is what i'm seeing from my side do we agree on a solution uh you know do we agree that this is what's best and it's like yes it's like hey so here are some things i'm concerned about in terms of trying to reach this goal or this result right this one i've seen from you this is how it makes me feel right they can't refute your feelings like i feel hurt when you know you're abrasive in the language you use towards me and other people you know even if you don't mean anything malicious by it um you know can we talk about how to better communicate in a way that people both both sides feel respected right um and so i the question that i'd like to always ask is how do you shift from uh confrontation to collaboration right how do you move from opposite sides of the table to the same side of the table and when you affirm hey we're teammates we're looking out for each other um hey let's like here are some obstacles i'm noticing in in terms of uh establishing a good relationship with you uh let's talk about let me hear from you as well to say what can i do better as well to make sure that you feel respected and appreciated um yeah those are i think those are a lot of fun actually fun for you maybe not for the person yeah yeah i know right no i'll i'll watch one for a follow-up question you get a wide range of people that are willing to deal with conflicts in other words i don't mind conflict i i'm you know i'm an attorney i probably like to argue i like to debate but even there's still conflicts you know even with the need that i i just don't like to deal with you know at some point you've been saying this is still not fun everybody has those points and there's people like my wife that just she hates accomplish she would rather you know put it aside or deal with it or ignore it or whatever because she'd rather not have conflicts and so if you're more on the side that you don't want to hit it you know your tendency is to just avoid conflict to ignore it or otherwise not deal with it how do you work up the you know the guts to do it or whatever you want to call it to actually do a conflict if it really doesn't need to be dealt with oh yeah so what's funny for you is right usually it's the opposite problem where like the wife is upset and the guy's like i gotta hide because i don't want to do it this upset woman i i was saying at work now home is different but at least no no no no no that's fair but well so i mean because i was i'm i was conflict of voice for the longest time just due to cultural norms and things like that but uh the i guess some of the turning points for me and speaking of someone who is tends to conflict avoid like upon first like reflex the first you have to ask yourself is um you know how much longer will i tolerate this like what is the cost of inaction right because if you're already upset right uh you realize that just trying to suppress your frustration and just hope that again people figure out why you're upset with them and fix it on their own unless you say something they're not they're just gonna assume that the default is fine right if a technician types up a prescription wrong and i fix it for them right they're not going to realize that they did it wrong but you know maybe i give them one benefit of the doubt maybe they just had a busy day they just slipped up once it's not a consistent pattern sure i'll fix it in the interest of time or so but if that happens again and i refuse to do something about it now the problem is on me right because i didn't say something to fix the issue so the two initial tips are yeah number one ask yourself um what is my hesitation costing me you know and then number two uh you know or no two and three so two is how where can i find 10 seconds of courage because you don't need to be superman you'll need to like you know get into like superman or wonder woman remote before you finally charge your head you just need 10 seconds to be like hey can i pull you aside for you know just like 10 minutes right you just need to have 10 seconds first to like fire off that text or pick up the phone or send that email and just say hey look i i'd like to talk to you uh third is remember to sell the benefits of this conversation you know um what what what can i gain by having this conversation oh i can reset expectations i can go back to enjoying being around this person again hey okay yeah this is a conversation worth having i'm willing to get past my initial discomfort in order to have this because the closure is is is really uh more enjoyable than just sitting in my comfort zone um i think that's really kind of the bonus tip right there it's just to realize that closure is always better than comfort because yeah when i evicted my roommate for defaulting on his lease i can assure you like the comfort zone i was staying in was terrible uh it is the closure that came from finally get convincing him to move out before i called the cops where i could finally just exhale and just say oh i'm so glad i'm past that right no i i think that's all a lot of great advice so now i am going to switch gears just a little bit to a different you know another kind of related conflict i guess or has the potential for conflict which is relationships of the office you know and how that one can be you know some some companies are oh we're fine if you have a relationship as long as it doesn't bleed into work don't worry about it you can do whatever you want you're adults now they're just saying hey we've had way too many whether it's sexual harassment suits or have had way too many conflicts and people getting mad or employees leaving because they you know they break up or whatever and so you know maybe we'll go from the employer perspective first of how do you deal with relationships at the office should you take a more lenient should you take it more aggressive or how do you how do you start to set that or set those boundaries hmm yeah i think uh it's just there's so much empirical evidence one way or the other but and plus every company is different but i mean so i hate to say it depends but i mean the question is to ask yourself around what if you are a owner right and you have to ask yourself what is your comfort level like what is your instinct telling you right to say okay if i find out that two people you know are starting to date and they're like you know canoodling in like the break room right and instead of getting work done it's like okay no like that's a problem right if you maybe lay clear boundaries just to say hey look if you choose to like attempt to date a co-worker any personal relationship related you know activity or news needs to stay off the clock right like you can have a relationship so long as it does not affect company productivity as soon as it does though and you have to be able to be flexible with that policy because if like two people start to be like break up and now it's all awkward for everyone else in the office it's like okay nope never mind like i gave you that chance uh at this point we are just better off saying hey no dating at all period and if we find out then you know or if that does happen hey what if he's gonna have to transfer you know or move on to another company you know what's that going to be because yeah realistically i haven't rarely have i seen a situation uh where uh personal relationships don't complicate like on on on the clock productivity so that is my personal preference to say hey you know what um i know some every rule has exceptions i'm sure everybody will push back that's like no well she's hot and it's just like well just be honest about that right i want to date her i was like all right man just as long as you know what kind of territory you have to navigate uh but yeah the simple answer is uh probably not just don't deal with fish yeah i mean that's probably i mean it it opens up a pandora's box i mean everything from you know then here same ones ones that one's a supervisor and one's in furry inferior then it opens you up to potential for you know hr problems or for sexual harassment problems even if it is consensual because breakups tend to not usually go well with most people you know especially if your work you sought to see the other person and while it may have been good intended at one point i think it can evolve and shift and then you know it's hard especially if you're in a relationship out things outside of work you know i'm married and even i don't my wife doesn't work with or work for me but even when i have a bad day you know at home with you know when everybody has good days and bad days with a marriage and so yeah but i think that i'm you know it it carries into work and now if you had to do that you know when you're at work and yet at the same time i get people you know attorneys are terrible we work a whole bunch of hours we always you know we we never stop working type of thing we work you know where the office all the time and so you're saying well if i don't date someone in the office you know it's going to be hard to find someone so i do think that to your point it does depend a little bit but i think that there's a lot more potential issues then there are a lot more benefits at least your side i agree with that yeah it's like the you can but you should probably shouldn't that's i think that's the simple coverall answer exactly all right last and this is a fun conversation i could go on for a long or much longer and i'm sure we'd enjoy it but it'd probably go beyond the attention span of everybody else so you can do a part two later it's fine that's right question or one other question so one of the hard things i think that every person that they they think they'd be better at it until they actually get in the situation which is firing somebody or letting someone go and everybody thinks oh you can just tell them you know just fire them just couple them in your office you're not doing a good job and let you go and yet every time you get into it you know especially if they have a family and they have kids and they're or they have a wife or they just moved there or you know they're doing they're not doing well forever you know not doing well financially and everybody i never say there are scenes that when at least people that i've hired that have said oh yeah that'd be easy to let them go they'll land on their feet they have a job lined up it will be fine they won't have any issues and so you know when you do get to that situation what is that if you have made your determination okay i need to let this one go on this for what you know this individual for whatever reason how do you go about letting someone go and firing someone yeah i think part of it is just having empathy for the person that you're about to let go right treating them with dignity and giving them like the the the best case scenario is to say hey look you know at the end of the day you are not meeting expectations whether there is a legitimate reason for this or not uh you know at the very best this job is not a good fit for you because if we're saying these are their expectations and you're only realistically able to meet about half of them like this cannot continue right the cup if we keep you on the company we'll die like if we want to like basically give that trajectory if we only if we settle for people only giving half of what the company knows that it needs to survive uh this company will not survive uh and so the best thing i can do for you is to let you move on so that you can find a company better suited to your needs and preferences and skills right and i mean that's that's the at the very least i mean don't get me wrong that's i probably in my mind i'm just like you know i'm much more frustrated with you than what i'm letting on but that is now is not the time to take cheap shots at you or you know unload my own personal frustration because it is like i know how upset uh my bosses were with me when i got fired and i do my best to remember hey as upset as i am to hear victim statements and blaming and lack of responsibility whenever someone pushes back when i'm upset with them as a boss at the end of the day i need to let them move on to a job that would actually suit their preferences and that's fine hopefully they're out there if they are great if not they need to change but not on my timetable any longer yeah and i think that one thing if you're on the employee side at least 99 of there's probably one percent out there bosses that like to fight people for 99 the boss doesn't want to do it anymore or the manager the supervisor doesn't want to do it any more than the person being let go it's not like it's a fun thing when i've done it you know most of the time as a boss you're saying ah we'll give them one more chance or wait a little bit longer and you try and give them probably more chances than they deserve just because you have sympathy for them and you want to or you know you are a human yourself and you understand their situation and so usually they're coming into dreading it as much as the employee but i think to your point i think where i've come is most time is saying hey there's usually a reason why you're letting them go and it's a lot of times it's because they're not happy with their work they don't enjoy it but you know it's not fair or it doesn't suit their skill set or you know any number of things and it's probably better for them in the long run even though in the short term it sucks to let them know hey you know this this position probably does not fit with what you will want whether it's you don't you know you have aspiration in the future that we're just not going to be able to help or you know or you don't like the job responsibilities or you know your skill sets you you just you know this isn't your skill set you need to find something you're passionate about and i think that that's the least for me is work better if at least trying to go go with the thing of we're we i want the best for you this situation for both of us is not the best for you and so let's see what we can do and then a lot of times i'll say you know if you need help transitioning finding something else i'd love to help you out unless they're just really bad you just don't want to give them a recommendation you know give a recommendation or look at your network or give connections i think is a good way to transition out yup yeah it is and yeah when you just don't cut them and then just say good luck trying to swim in this giant ocean like give them resources uh you know a book i would give now like even to people whether i fire them or not there's a great book called designing your life and even designing your work life as a spin-off just to say hey look how do you create a job in a career that you would actually be excited about right um and then now they you're trying to empower them to realize hey you know what yeah we we have to end this chapter and this is your opportunity to start a new one and it's up to you no and i think that i think that's that's great advice so well we've now er got towards the end of the podcast and maybe we'll have to have you back on part two sometime i think that would be fun definitely a lot more things that we could cover but you know we we've covered there are several different things and you know always at the end of each expert episode i always want to give people at least one takeaway you know listen to this for half an hour and there's a lot of things you could start going most of the time you won't start going or get overwhelmed or anything if you're talking to somebody that's you know the founder co-founder manager boss you know of of a business and they can only get one takeaway one thing that they should be doing today or should get going on today what would that one thing be yeah um i guess for some reason the thing that comes to mind is simply to ask yourself if you are dealing with someone who's underperforming uh what kind of like tripwire deadline do you want to set for yourself uh to say okay if this goes on for you know three months okay i will initiate a conversation like set like script your key uh deadlines and timetables and and key phrases that you want to be sure to address like this the clearer and more specific the plan you give when you start to notice that expectations are starting to slip uh the more likely you are to actually act on it because now you have a clear plan like you know like lighted steps forward to be sure that to say okay i need to engage and i i feel scared and i'm going to default to comfort and avoidance if i don't have something but if i light this staircase up and i like you know have that exit ramp lined up for me okay now i'm more likely to actually engage in in the behavior i know i need to do for the benefit of me my relationships and my company no i think that that's absolutely great takeaway and definitely something people should to take to take to heart so with that as we wrap up if people want to reach out to you they want to be a customer they want to be client they want to hire you to give that you know all the training in the world and be the greatest coach in the world for their business they want to be an employee of yours they want to get trained by you they want to be an investor if you take on investment dollars they want to be your next best friend any or all of the above what's the best way to reach out to you contact you find out more absolutely yes um if you want to connect with me on linkedin i have a profile there that is the one social media profile that i have otherwise if you want to engage with something more professional and intentional my website is adaptingleaders.com there's a free pdf download uh framework for having difficult conversations and you can also schedule a complimentary 30-minute call uh just to tell me about what you're working on or tell me your story or if you have hey jerry i got a situation i need your help with a no strings attached you know just give yourself a free sample to help if that's all you need great if you want to uh invest more hey i got plenty of coaching packages and you know you can figure out what works best for you or your organization all right well i definitely encourage people to take advantage or any of all the above and definitely a great resources as you're building and growing your business or starting your business so well thank you again jerry for coming on it's been a fun it's been a pleasure now for all of you that are listeners if you have your own journey to tell or you want to have your own expertise to share um feel free to apply to be on the pod podcast just go to inventiveguest.com and apply to be on the show two more things as listeners uh one make sure to click subscribe and your podcast players you know on all of our awesome episodes to map and two leave us a review so everyone else can find out about all of our awesome episodes last but not least if you have if you need uh help with patents trademarks or anything else with your business let's go to strategymeeting.com grab some time with us to chat well thank you again jerry it's been a fun it's been a pleasure a lot of great knowledge and uh wish the next day of your journey even better than the last thanks devon have a great day everybody you

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Outsource To Experts

Outsource To Experts

Heather Cox

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/8/2021

 

Outsource To Experts

Outsource to experts whenever possible. Whatever you don't need to be involved in, outsource to experts because if you don't have time and money to do it once you for sure don't have time and money to do it twice.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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 outsource to experts whenever possible whatever you don't need to be involved in outsourced to experts because if you don't have time and money to do it once you for sure don't have money to do it twice [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups in the seven and eight figure businesses as well as a founder and ceo of miller iq lab where we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com and grab some time to chat now today we have another great guest on the podcast heather cox and to give you a quick introduction to heather so she grew up in southern california performed in a circus growing up which sounds kind of interesting and i don't know i think we may have had one other person at least i think there are a circus rodeo or a cow or a circus clown in the rodeo but close enough but that's i think the first full circus person um parents uh they're said not to uh to go to college or that uh she shouldn't go to college and rather go take a year off and then go to spain which would sound like great parents came back and decided to go to uh university of austin or university of texas in austin and majored in spanish um and then went into hospitality management for a period of time and then went back to california went into recruiting in sales took some time in israel also met her husband came back got back into recruiting himself had some kids asked a lot of entrepreneurs questions and started her business which is what she's doing today with diversity certification so hopefully i got most of that right and with that as much as an introduction welcome on the podcast heather thanks it's not to correct one thing my parents were for sure making sure i went to college they just said not this year they were like no question if it was where all right so it wasn't that they said never gonna cause it no this is taking a little bit more time to get ready yeah my father would like roll over in his grave if you heard someone say like he didn't want me to go to college all right always a good correction so well thank welcome on the podcast so i just gave a quick 30 second introduction to a much longer journey so maybe take us back a bit back in time to growing up in southern california and how your life got started in the circus so we moved from to southern california when i was little i was like four i think my sister was two and a couple years in it was a little town called redlands which is in the 909 people you know we all stick together the ie people over there and um we there was a youth circus that had started in redlands by a gentleman named roy coble who was who created the circus for wayward boys to give them something to do to get off the streets so but then it expanded and you know everyone kind of joined and so when we when i was about six years old my parents took us to the circus and i was mesmerized i mean there was sparkly costumes and there was cool people floating through the air and there was like ponies and elephants and like no there's no animals it's about european style circus yeah there's no animals it was just but it was kids like my age and they were like styling and they had the cool costumes and i was like dad i have to do this it's like you want to be in the circus like uh-huh like there was like no question in my mind that i was going to do this so they signed us up it was kind of like an after school instead of soccer gymnastics we did circus and then my sister joined a couple years later when she was about six also and we stuck with it until we graduated high school so you know there was a couple years we called the dark years when um the it lost insurance and so they couldn't perform so we had to get rid of some of the aerial acts but you know my parents got very involved they were president of the booster group and so we were part of it our entire growing up so we would go to school we'd go to and we'd go to the y for like four hours a day and you know and became like our other family and so um we you know that was like what we did growing up and then even in high school we were both cheerleaders my sister and i i was i was did shot put and track i wasn't very fast but strong so probably all those years holding people in the circus and so you know we did all of that but we still afterwards we went over and then when we graduated high school you know i went to europe to study spanish for a year and then i went came back and went to the university of texas at austin so yeah the circus was amazing and you know it's really interesting because i think that's why i'm not afraid to get on stage now when i speak at conferences and events because i was on stage all the time growing up it was kind of like a second nature thing for me um but i do not like heights at all but the coolest acts are in the air so i was like i have to do this and so in my head it was like 50 feet in the air i think it was like 10 in reality but when you're six or seven that's really nice i seem really hot and i would cry every single practice i did not want they like it was called swinging baseballs or swinging wise and would swing back and forth and you lay back and i would cry every single practice and then they said and cuts this is back in the day when they actually made kids like actually have cuts for things like if you weren't good enough you got cut not like today when you get a trophy for losing which my kids don't do by the way so uh i'm right there with you i i'm not a fan of participation trophies no no no there's a there's a reason for winners and losers like i'm saying like you'd be good it teaches good sportsmanship they're like that's a whole different podcast in itself but that is a whole different tangent we could spend a much longer time yeah so um they said you either do it you either do the tricks for the you know do the act or you get cut so i was like oh you are not cutting me so i did it and so and i just did it but then next year i would cry every practice again it was like the dumbest thing but and my mom was there and she's like yeah you gotta do it or you're not gonna be an act that's like there's no like oh my daughter's special no it was like you either do it or you don't that was like the extent of my mom's like pep talk so now so you do this you know you so you get in the circus you're successful you're wonderful now i i don't maybe there's a career in the circuit are there still circumstances can i tell you yes so then one summer um after ninth grade or before ninth grade we went to this thing called circus marcus back east we did like a trade so six of us or eight of us from our circus went and performed with the circus in new england right and so some i'm still friends with some of those people and some of them they're like six figures walking the tightrope i'm like my parents totally lied to me but yeah there are circus performers but no i was like gonna go on you know i wanted to so i went off to college i went to europe they went to college and i was gonna do international hospitality because now i have this love of traveling my mom and my parents have traveled their whole lives now let me just jump in really quick because one because i got it wrong in the intro but i thought it was an interesting point so i think when you can correct more and wrong yeah when you're getting coming out of high school your parents saying we want you to go to college but that was not the right time you need to go and maybe get to take a break for a year is that about right yeah so i did applause i pledged a few schools my dream school was university of texas at austin and here's why it was my dream school my father went there and which is not why it's my dream school my father went there and he was like you can go to any in-state school the only out-of-state school i will help you with is the university of texas in austin i was like i am out of here so that was like my dream i wanted to go far away that was my dream school so yeah but they were like you know what we're not really sure you're ready i didn't get an ndut the first time i applied it only has a five percent out of state acceptance rate at the time and uh so they said you know maybe you're not ready for college you know we don't want to pay all this money and then you just bail out so we're gonna send you to spain for a year because that's the safest thing for a person who's not focused to do something that's right little girl a high school student that just graduated hasn't gone to college it really hasn't been on her own and send it to a different country and tell her just to go have a good time yeah totally so i did but i will tell you i learned so much that year probably more than i learned in my four years in college right you learned a lot there and i was in a place i was in sevilla in the south there was not a lot of english speakers there not all my roommates we i lived in a house that was like what they did for a living is they hosted all these foreign exchange students and none of them they all spoke like broken english so we were speaking spanish and i would hang out in the bars because when you're 18 you're like this is super cool to hang out in the bars i can't do that at home and i just talk to people and when you are um when you have uh cushioned your fear of talking with by self-medicating with what sangria and spain you know you're not afraid to make those mistakes and say the stupid things when they laugh at you like that's not what you wanted to say i guarantee it but you know you don't care and you learn so my spanish was but not i came back fluent basically i was dreaming in spanish when i came back so when i went to uc austin i started working in hotels and um my spanish came in handy right cause you're on the front desk of a hotel and i was like talking to all these the guests that it was i loved every second of work in a hotel it was so except for the fact that people kind of lose all sense of like normalcy when they go to hotel they'd be like can you believe it's raining outside i'm like i'm really sorry i'm not sure what to do so now you came back so you've had a great time and experience in uh spain and you had you know learned a lot of things got that experience probably better than college but then you did come back and you studied in college i think you started in spanish and then went into hospitality is that right no i was always my degree was in spanish right and so and my minor was in french and so i did some i did a summer in france also um but the whole time i worked at hotels the entire time i worked so i had to support myself all through college so i worked in hotels the entire time i was in college and i loved it i loved the whole hospitality industry my mom had been in travel my entire life so i was like yeah i'm just going to do an international hospitality i'll use my spanish and my french and i'll live all over the world and it was like amazing and then 9 11 happened so i'd already been accepted to an international um hospitality school in switzerland and i even bought my big winter coat because you know in southern california and in texas you don't really need those codes and we were like all excited and then everyone got a little scared and i don't i honestly don't remember why i didn't go to the school i don't know if it was because i got scared my parents got scared like the hospitality school pushed off the year i can't remember why i didn't go but i ended up going back home because i ended up getting laid off from the hotel all the assistant managers in the hotel got laid off after 9 11 because no occupancy dropped way down so i went home and that's when i ended up my and my grandfather passed away not too long before so i ended up living with my grandmother and helping her out in the valley in southern california and that's when i got into sales and recruiting just because i was like looking for a job and i went to interview this recruiting place and they're like you're fun you want to work here hey that's a great way to find a job hey just be the best or the funnest person in the room and you'll get hired totally now so you go in you do the you do the uh you know you get hired on you do that for a period of time now you switched and went into at some point to do recruiting in sales and then went to israel is that right yeah so after a little bit of time i had like then i had recruited myself out into into um enterprise fleet sales and i did that for a little bit and then a company recruited me out to do some sales management for them for this like mlm type company um but not not like super amazon just like sorta mlm tangent you know tangential or whatever so um then my grandmother passed away and i was just kind of like oh i don't know like is this what i want to do i had kind of started like learning more about my roots and my heritage and everything and so i was like and someone offered me a scholarship to go to israel right so i was like i think i need to find myself again so off i went to israel to go find myself at 20 whatever years old i was so now so you you said okay i got a free scholarship why not go have another you know a good time do some learning along the way see a different part of the country go study there and then you also met your uh future husband and your spouse right yeah so my um we were actually set up from a matchmaker but sorta because my really good my roommate at the time a really good friend of mine she went on a date with him she was set up with him from a matchmaker and she called me and she said i went out with this guy i did not like him but i think he will that's what this kind of sounds like you know was you when you're eating something you're like oh this is horrible do you want to try to try it i know but i want to try something horrible but it sounds like it was a good idea well you know it's really funny because she is a very uh like specific her she doesn't have to i laugh at every i'm an easy laugh like i love like to laugh at things that's for me it's very therapeutic and i just i find a lot of different things entertaining she is like very in the box humor like you'll tell her a joke and she'd be like i don't get it and my husband likes to be the funny guy so like i could totally see them on a date he was probably like be like wait for her to laugh and she's like i don't i don't get it anymore i don't get it if she's like and that sounds like my mom she's always like i get it it's just not funny you know it's not funny like it's funny everybody else is laughing yeah so he then we went out and we're like i'm like laughing he's like and then we even joke because on our first date he even like he saw some girl like in the lobby we're like in a lobby of a hotel it's like a typical israel dating situation and uh i have to say lobby if you just say hotel then it sounds a little bit more a little less um above the board right so um and he was like i think i know that girl do you mind if i could say hi like okay like i tell people the story and they're like that should have sealed the deal like you two knew you were meant to be together at that point so anyway so six weeks later we got engaged and um and about uh 12 seconds later i was pregnant so i was like let's um i did not want to give birth overseas in a country i didn't speak the language and so we moved back to the u.s when i was about five months pregnant and and i still was like what do i want to do because now i'm pregnant which you know is really like the best time to look for a job by the way is when you're obviously pregnant because people are super willing to hire you yeah i can see that might be a bit of an issue but nothing i mean now i would like now that's like the best because there's no one looking for jobs so like you're pregnant you're like don't fight go get a job no problem they're just looking for someone to hire so totally right right so uh so we came back and um we came back in 2008. now honor if you remember 2008 as an attorney my husband's an attorney was not like the best time for attorneys who didn't have any real world experience yet he like taken the bar and gone to israel so we expected you know like we got married we were like yeah we'll go back he'll get a legal job in new york and it'll be great and then no yeah yeah actually so i graduated 2013. so i was going into law school about a year or 2009 i did uh two degrees but i remember even 2010 and 11 when my friends were coming out a lot of those were still just like yeah there's just no jobs and it's slow and like nobody's hiring and everybody's waiting and so by the time i graduated luckily it caught up i definitely remember like a lot of people that were smart and great attorneys were still struggling to find jobs just because of the 911 and then yes and then what happened was you know like there's all these attorneys with tons of experience taking entry-level positions and so then if you're really entry-level you couldn't get a job so it was like a little bit brutal for us like we're bradley brandy married he can't get like a real law job i'm pregnant looking for a job it was like super not stressful for newlyweds and um i was working at this non-profit and this and but i would i would tell everybody like if i need something i have no shame when i was looking to get married and something i'm like i'm looking for a husband i'm looking for a hug but look at you know whatever but i'm looking for a job i'm looking for a job i'm looking for a job looking for this right so i told everybody that i was looking for like another job like i needed some we needed some more income so i was um someone mentioned to me that these uh two women were looking for something at the same time i was trying to figure out what i wanted to do with my life so i was like let me just talk to them let me start interviewing people because i didn't know i knew that corporate america wasn't great for mommies like it's you know it's not always super flexible and unfortunately kids like don't get sick on the weekend they get sick monday through friday and nine to five maybe it has something to do with school not wanting to go and you're not feeling good on the weekend i still want to play right so um yeah so i started meeting all these women and they were like these amazing entrepreneurs some are entrepreneurs some are executives whatever but the entrepreneurs to me were amazing they were just like had all this energy and they were passionate you could see like their type a personality coming through and i love big personalities i'm very attracted to big personalities and so but somehow in the conversation they'd be like and there's this application i have to get and i can't figure out how to do it and i was like what you run like a 20 million dollar company or you run like a 250 000 whatever it is you run a company and you can't do an application what so then i looked into it and you know what something it's very detail-oriented it's very time-consuming what something's called in new jersey is not what it's called in texas it's not what it's called in california so if you're looking for a document that's not even called that in your state right is it articles of incorporation or certificate of formation is that you know do you have like maybe you never maybe your accountant did your your formation so you don't even have bylaws or an operating agreement or stock certificates right happens all the time so i was like ah and this is even before i understood the massive pull on your time and your bandwidth as an entrepreneur this is just just general human difficulties right so and most entrepreneurs like are not the most focused people they're driven right but they're not good at you know like the paperwork the detailed stuff they're visionaries and so they you know they have these big pictures but they're not the workhorses necessarily so um my natural inclination is more like a workhorse type person right which is why i like to partner with visionaries and i've kind of grown into that visionary role a little bit throughout my last 12 years of being an entrepreneur but you know in the beginning i was very much just the workhorse so that was like a perfect opportunity for me to say let me do that project for you um i think when we chatted before he even started out kind of just i'll help you out i'll do this as kind of one-time gig and that and then you started to build a little bit of referral base or reputation and started to actually say there's an actual business opportunity around here and i can actually you know create something so as you're figuring out you know how did you go how did you go about because you know today it is is a little bit more i don't know for the right words in vogue or popular you know it's more important or emphasized or whatever the word you want to choose to you know to have diversity trainings or certificates and to make sure that that's the focus of the business but i would imagine you know that's a bit more recent when you got started you know how did you how did you get or get people understand the importance well so the you know the the fire diversity world really started as an offshoot of the civil rights movement of the 60s and it was like the 70s where it became like the you know corporate social response but it was really more public sector though the 80s was corporate social responsibility it's the right thing to do and it really wasn't until the 90s that people started seeing that oh wow if i use diverse suppliers they bring me into new demographics and then into the 2000s when it really became oh this is a good business decision so you are absolutely right i had come into it when it was now starting to be seen as like a good business decision but you know like nmsdc which is the national minority supplier development council has been around for like 30 30 40 years we bang which is the women's business enterprise national council has been around for over 20 years so they had some so and i was very fortunate to meet one of these women that i spoke to who had already been certified and she kind of took me into her wing as a mentor and she introduced me to a lot of these large corporations who would then introduce me to suppliers and then they just everyone started telling each other like we really until this year did very little sales and marketing it was all just word of mouth and the first you know like seven years of the company was just me it was just me doing it and then i was like oh i well well the first five years it was just me doing everything that i'm like oh i probably should build my customers huh i had a bookkeeper you know which i wish i had done way earlier and then um there it you know then we did and then it kind of just kind of grew and grew and grew and then about six years ago or so the corporations realized that you know to have a conversation with your supplier and say look diversity is very important to us we recognize you as a woman-owned business we'd like you to get certified here's a resource it's a very different conversation than hey we realize you're a woman-owned business and diversity is important to us it's so important to us we've retained our resource to support you and so that conversation is a much more powerful stance for the corporations to take and so that is that's when they started going oh we can retain certify my company and we started hires now we're a team of five about to be six um and because we just like the corporations are now really realizing that it is a very powerful message you know it's one thing for you to tell your spouse like it's important for me for you to shower every day i mean i'm not going to and i'm not going to pay for the hot water heater but you should really shower you should really consider it no i think there's that great so so now you've said okay we've you figured out your business opportunity and figured out what you know how to where to where you where to focus on how to find the people and you started to build a team which is all exciting so that's the hardest part and the hard part but it's kind of fun you know it's always for me it's always that getting the business going is also the most work the most difficult takes the most time but then once you know after a while once you get the business established it evolves and it changes so you're no longer kind of figuring it out and coming up the ideas and trying things out that you don't share work now it's kind of going in they're kind of different phases so there's always kind of fun parts of each phase but now as you're kind of making that transition looking at the next kind of six to twelve months kind of where do you see or see things heading right now so right now i am very excited that we're moving back into in-person events because for us in-person events are where i do the majority of my business development with the large corporations i am much better in person than i am in zoom i am easily distractible plus you know my kid's school's a mile down the road so if there's an issue and one of my kids has a lot of issues so if there's an issue at school and they call me they're like hey you know can you come pick your kid up or deal with the situation and i'm like i'm at a conference they're like no you're a mile down the road you need to come get your kid but if i'm out of town i'm like i'm out of town call my husband so you know so that is a hard part for me also like my phone rings the team is calling me like i'm very easily distractible i will always come back to what i'm doing you know i'm able to refocus but it's just a matter of getting so easily distracted that i can't focus on the conversation as well so i like these in-person events where i can go and talk to people and really demonstrate um our passion for what we do because i do think that is one of the biggest sellers is that uh well i love what i do i get to work with entrepreneurs every single day i get to work with diverse businesses every day and if there's one shiny sequiny glitter of like you know rainbows and sunshine they came out of 2020 and this whole pandemic situation we've been i guess 2021 now at this point is that people but after 2020 people really saw how powerful and necessary small diverse local businesses were to the economy the reason everything was hit so hard is because the small diverse local businesses were hit so hard right so i think that people saw that and they're like oh and corporations saw that and then you know we had a lot of racial tensions at the same time and so all of that confounded together a lot of the corporations made very public proclamations so i am looking forward to getting back to events back on stage back to meeting in person with our companies and doing trainings and you know i love my entrepreneurial events that they know nothing about supplier diversity they're like oh you do like grants and stuff i'm like nope totally not at all not what i do so just you know like because there are less than one percent of the diverse businesses in the united states are certified there is so much business to be had and i get calls all the time especially if you're like in the r d in the healthcare industry if you're in any of those type of industries manufacturing they are searching for these kind of companies that are diverse owned qualified capable and certified no and i think that there's definitely an opportunity and i think that that'll be a fun we'll have to have you on and maybe just on an expert episode and then and go through a little bit of more what's the process what to expect what are the benefits why you might consider and also if you're you know if you're not there should you be moving in that direction so i think those are all fun things to hit on but for this episode as we start to wrap up to the end or towards the end of the podcast we'll jump to er as we've kind of now gone through your journey i'm looking a bit into the future now we'll jump to the two questions i always ask the end of these podcasts so the first question i always ask is along your journey what was the worst business decision you ever made and what'd you learn from it i think not outsourcing like my bookkeeping earlier that is my biggest business mistake because now if people ask me all the time what's your number one advice for other entrepreneurs i'm like outsourced to experts whenever possible whatever you don't need to be involved in outsourced to experts because if you don't have time and money to do it once you for sure don't have time money to do it twice so i you know doing the bookkeeping thing was i was like i wanted to save the money whatever but you know what it took me so much longer same with like creating ads or whatever it might cost me 250 bucks to create an ad but it would may take me eight hours to make a crappy ad right so i can pay 50 bucks up someone do it very well and they do it much quicker because you're not paying for someone's actual time you're paying for their 11 years of expertise right so i agree with you and i mean one of the things i had to learn is you know i think most entrepreneurs and i absolutely clump myself in there um you know think that oh i'm the smartest person in the room i can do it the best you know if i have to turn it over to somebody else i'll have to train him anyway and it's gonna take as long you know whatever the excuses are and so you always kind of keep things you know all to yourself and you think i can do it all myself and even if that's true which i don't think it's ever true that you can do everything but even if it's true then you never get you you never get everything yeah there's a business you don't have the growth and you know if you can pay some even if you can do it better if you can have somebody that can do it 80 as well as you you should be focusing your time and attention on the places that you can drive the most value that people can do it at 80 as well so i think that absolutely that's definitely a lesson that i had to learn as well and i think a great thing to learn from second question i always ask is if you're talking to somebody that's just getting into a startup or a small business would be the one piece of advice you give them outsource the experts as soon as you can because as i just said i think that people again and same thing with like certification or even like your legal work right you could do your own like certain things and some things yes are just simple processes whatever but you know what you don't want to make a mistake right you may want to get your partnerships agreement your exit strategies all those done before there is money involved on the table because everyone plays nice until there's money on the table right so all those type of things like make sure you take care of those early on and outsource it to people who know what they're doing no i like the one that you know even it's always interesting people always like i'll just get the business going and then yeah sometimes maybe someday if it's worth anything we'll get all these things cleaned up and at least you know and i'm speaking the bias their perspective but on the legal side you know usually when money's involved it's a lot harder to clean those up because when it's not worth anything people like oh yeah you know whatever the ownership is or whether the payment is they're a lot more flexible and reasonable when things are worth money then they're saying no i i contribute all these things i should get better compensation or have more ownership and inevitably with every business creates more conflict so i definitely that's a great takeaway as we wrap up um you know if people want to reach out to you they want to hire you to you know be a client a customer they want to hire you to help with the diversity training they want to be an investor they want to be an employee they want to be your next best friend and you're all of the above what's the best way to reach out contact you find out more so you always go to certifymycompany.com my email is heather at certifymycompany.com we're on all the socials at certifymyco and you can find us there that's the best way to reach this is one of those many avenues all right well i definitely encourage people to reach out contact i think there's a lot of a lot of benefit to your service and definitely worthwhile to make that connection so well as we wrap up thank you for giving or coming on the podcast now for all of you that are listeners if you have your own journey telling you'd like to be a guest on the podcast feel free to go to inventiveguest.com apply to be on the show two more things as listeners one make sure to click subscribe in your podcast please you know when all of our awesome episodes come out and two leave us a review so everybody else can find out about all of our awesome episodes and last but not least if you ever need help with your patents trademarks or anything else to business feel free to reach out to us just go to strategymedia.com we're always here to help thank you again heather for coming on the podcast it's been a fun it's been a pleasure and wish the next leg of your journey even better than the last thank you

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Don't Believe Your Own Lies

Don't Believe Your Own Lies

Jeff Heggie

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/7/2021

 

Don't Believe Your Own Lies

Don't believe your own lies. I think from a young age we start telling ourselves a lot of lies in our self-talk. Why do I think I can do that? Why am I the one that could be able to do these things? We have a lot of that negative self-talk and I think we just need to change that to why not?

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 don't believe your own lies i think from a young age we start telling ourselves a lot of lies in in our self-talk you know why why do i think i can do that why why am i the one that could be able to do these things you know we have a lot of that negative self-talk and i think we just need to change that to the why not [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host evan miller the serial entrepreneur that's grown several startups into seven and eight figure businesses as well as the founder and ceo of miller ip law where we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com and grab some time to chat now today we've got another great guest on the podcast jeff hague or hey piggy hey peggy all right i was looking at him like i want to say hey but i think it's higgy so um so with that so jeff graduated from college with the degree in entrepreneurship and uh got a job offer to go to a bank but decided i think it was to be go to the rodeo circuit maybe even be a circus club but i'm not sure but he'll fill us in on that and uh then went back um to the after uh doing this rodeo circuit for a short period of time back to banking got the job that he was originally offered and worked there for about five years and then at the office or was it the office i saw a client that was doing some log homes um decided i don't know if it was on spur of the moment or not but he decided to quit his job and go make log hopes for a living so and fill us in on that and uh so went into manufacturing in springville utah or here in utah um and then pivoted a number of times with the businesses including doing retail locations and other things um and then i actually reached out to some of the competitors and started to to make the deal with them and to incorporate that kobe came along had to shut down and uh then decided to uh pivot yet again um it's easy to explore some other other opportunities with mentorship and focusing on coaching and other things so with that much as an introduction and hopefully it's mostly accurate welcome on the podcast jeff hey thanks devin appreciate the opportunity to be here absolutely so i just took a much longer journey and condensed into 30 seconds so why don't you take us back in time to when you're getting the entrepreneurship degree in college and how things how your journey started from there yeah absolutely thanks so yeah i when i graduated from college my major was in entrepreneurship i always wanted to be doing things on my own but when the bank came to me it was a good job offer but i was rodeoing professionally at the time i started rodeoing in high school and did it for a number of years and yeah i just wanted to play i guess and after a while i did decide i should go back and talk to the bank and so i continued to rodeo but i did get the job at the bank and i'm just just out of curiosity because i just tried to picture my mind's eye so the big kid gave me an offer and said you know you got a good degree would like to extend an offer they're barely going to go do the rodeo for a bit and then a few months you know a little while later you come back and say well maybe is that job offer still open so how did it go kind of coming back to them and saying well you know rodeo's still fun but i may actually want to work for you was it a a good conversation an awkward conversation or how'd that go you know i was lucky i had some really good guys that i worked with at the bank because while i was going to school i was actually working at the bank as a teller and so i got to know him and i was working at the bank that was had the regional office in the same building so i got to know a lot of the higher-ups and so they were really good about it and you know i think they they came to me with a really good offer and when i turned it down i think they were a little surprised but they also knew that rodeo was a big part of my life and you know i just won a couple canadian championship intercollegiate titles and stuff so they they knew what i was doing and whatnot but when i went back to them um yeah they were just like yes offer's still there if you want it and it's great but the funny thing is even you know five years later when i went to them and you know during the time i was at the bank i got into real estate bought a mini storage business and stuff like that when i went to him five years later and said you know i'm i'm gonna start a manufacturing company i'm gonna start making artificial stone veneer and this was in canada at the time and my the regional vice president he basically said to me says you know i knew at some point you're gonna want to do something on your own good luck if it doesn't work out you've always got a spot here so they they were awesome to work with so that that always gave me a little bit of security if knowing that if i wanted to rodeo they were gonna let me if i started a business and failed they're gonna take me back so that was pretty good that makes for a bit of a nice safety net and uh now one question before you get into doing the you know log homes and the manufacturing getting into that what was what was the point that you know because they obviously kind of saw it and were supportive of it but what made you decide okay i know i don't want to do the banking industry anymore you know what made you kind of trigger and say okay i want to do something else i want to go pursue this or explore kind of what was that what culminated in that so in the banking industry it was cool because i i was the type of kid that i just wanted to get school done with i wanted to get it done and move on and have a career in rodeo and whatever so when i got to the banking industry the thing that i loved is their continuing education um you know they they gave me so many opportunities to take more courses and do more stuff and so it also gave me the opportunity to climb the ladder really quick um i came into the industry working as a we called it at the time a personal financial services officer which did loans and mortgages and stuff and then i got into the investment side but they got me to the point where i got trained to do the business loans and then i was managing my own branch within a couple years and as the branch manager i also had the opportunity to continue doing all the business loans and so that's what i was really passionate about is working with these entrepreneurs and you know working with the entrepreneurs and just sitting down with them and saying you know tell me about your business what are you doing and really learning the ins and outs of it from a banking perspective what they were doing right what they were doing wrong and you know that's kind of what gave me the opportunity to start looking at things i was with one of my clients in in his office and he was making log homes and he had a catalog on his desk for artificial storm veneer the artificial stone that they put on the front of all their homes and i got looking at it and my brother had done some of that that work before so i kind of knew what the product was and i thought you know what that's something i can figure out and so that's kind of where it started you know a lot of people start a business because they're in that industry or something like that i i wasn't in the masonry industry i wasn't in the home building industry it's just something that i thought you know that looks like there's a need for it and i can figure that out i found someone in missouri that taught me how to do it and started from there started a manufacturing in southern alberta and then moved a second facility into utah so now you so kind of getting that so you say okay you know fun to you know i'm probably the same way different industry but i work with a ton of startups and small businesses it's always fun to see all the things that they do and the things they come up with and how their business goes and some of them are successful and others you know falter some of them don't work out but it's kind of fun to get that a bit of that insight so to speak as to how it's going so you know as you're now making that transition doing the leap over to doing your own kind of manufacturing business getting into that was it you know kind of everything you hoped for and it went well and because i know when we talked a little bit before you mentioned that there was some you know you had to do some pivots and you had to adjust and go different ways so kind of how did that journey go as you're getting into it and what caused the pivots you know what um i i started it and you know in my mind i did i did my business plan looked at everything and i was pretty sure within three years i'd be sitting on a beach retired and living the good life right i think that's every entrepreneur's dream it's kind of like everybody's like you know i know that most are smart startups and small businesses never make it past the first few years but i'm going to be different i'm going to be rich and i think that if you didn't have that exactly that perspective nobody would ever get into they thought this is going to be horrible it's going to be hard it's going to be a lot of work a lot of extra hours and i don't know if i'm going to make it they'd probably say i might just stay in the bait so so go ahead exactly so so the way it started you know here here i am suiting tai every day working at the bank and i walk away to start this manufacturing company and in the beginning i mean it was me doing everything i built the factory i started the production all those things and so i i would go in to do my banking and my staff would look at me and i'm covered in head to toe with concrete and die and everything and they're like you sure you made a good choice here but you know i remember when i went down to missouri learned how to do it i was on my way home i'm sitting in the airport in dallas and i remember thinking you know what this is easier than i thought it was going to be this is this is going to be a no-brainer and i had i had seen one of my competitors product they had a color that i thought you know if i can create that color that's going to be the most popular stone out there and the color was called dakota brown and so that when i got home got back to canada after i went through the training i was going to create this product i was going to create a stone this to match this dakota brown and it was going to be the first stone i made and it was going to sit on my shelf forever saying you know there's kodiak mountain stones first product we ever made type thing well we we did it and the next day i came back we went to take them out of the molds and see the products and stuff and i pulled that out and that beautiful brown stone that i was expecting was a bright pink and so that stone that i kept thinking is going to be the first product it's going to be on my shelf it is out in the middle of the field however far i could throw that dang it i don't want this anymore so what it turned out is even on the manufacturing part of things it was a lot steeper learning curve than i anticipated um you know sitting there going through the training it looked pretty simple but it wasn't and that's everything from colors to profiles to you know you've got to get the engineering and the testing and all that dialed in and it was tough so we finally got a lot of that figured out and started selling product and building our building our dealer network and things were going pretty well we were in canada we advanced into the u.s market opened another factory in utah and we were doing a lot of good things it was moving along well and then 2008 yet and it hammered us you know we're we're tied directly to the housing market and so that was kind of our first pivot is we had to look at things because what happened was there was there's really good margins in the industry until 2008 and then we're dealing with guys like owens corning and all these big companies that had the ability to say okay no we're gonna put our price point at this and it drove a lot of people out of the market i remember there was a job in salt lake that we were bidding on and the whoever it was that got the job they i found out the price and it was basically my cost to manufacture the product and they were doing the product and the installation for that just because people were just trying to buy work and so it really made us decide you know what markets are we going to play in and what aren't we and so at that time we actually backed out of a lot of the u.s markets and still just focused in canada we still manufactured in utah but most of our business was in canada um we ended up opening some of our own retail stores and eventually what we did when we opened the retail stores one of the things i wanted to do was you know someone comes in and they don't want what we're selling well i don't want them to go down to the street and buy from someone else so i went to my competitors as the manufacturers and said i want to distribute your product and at first it was yeah okay what are you trying to pull here you're our competitor wait a minute you're a competitor why would you want to sell our product exactly but fortunately they gave me a chance and you know after a while and when they figured out no he's not trying to pull a fast one on us um it ended up being a really good relationship and we were able to do really well that way and you know the the economy and the housing industry is it's like a roller coaster and so we had a lot of up and downs and a lot of different things and we we tried i mean i remember in the fall of 2016. in our calgary market we had a store up there in calgary alberta we had really had our best year up there and it was kind of like okay this is our breakout year 2017 is just going to be amazing well during that time there was a provincial election changed the whole alberta is an oil province the oil industry dropped out and by spring we're in the industrial park and it was like a ghost town and so there's another pivot we had to take and figure things out and so i mean long story short we ended up in 2017 getting out of the manufacturing and just focusing on distribution which was a pretty good situation we still had a number of issues that we had to deal with at different times and i had moved down to arizona here and we were looking at doing some expansion into this market covet hit right when we're in the middle of putting that together our investor anticipating that the real estate market would fall out here probably wrong yeah yeah hindsight hindsight's really 20 20 on that one but then with everything in the canadian market we did get in a situation where we were going through shutdowns and stuff with the with koved and it came to a point that in in january we had to make the decision of what we were going to do and we did shut that business down so i mean it was from 2005 to 2021 great business a lot of great things that we did but yeah unfortunately it was something we shut down now one question kind of is on that shutdown because it sounds like you know you were almost the opposite you're looking to expand into you know the arizona market and continuing to grow in that you know and definitely get you know an investors you know having here a bit you know betting on the come or having an investor that's going to come in and some cash was it one that the business was already struggling or having difficulties and that the investor pulling out was a final nail or is it more of hey we're making we overextend ourselves or kind of you know what causes it to say you know we have a business that made it through the housing recession everything else and they one that we ended up needing to shut down you know if you don't mind they're kind of providing a bit of insight there yeah you know what one of the one of the things i reflect on and you know i talk about lessons learned you know because so for the past three years i've spent a lot more of my time as a business coach and you know failure is something you talk about a lot in business and one of the things that i reflect on there is you always hear the cliche things you know fail fast fail forward all those things and how much you learn from failure which is true you do learn a lot from failure but when you're in the middle of your own failure it still sucks you know there's nothing fun about it and it's hard and you know looking back now there's a lot to reflect on i learned a lot but in my own case i look back now and say you know it we shut down in 2021 but in reality we failed a lot sooner than that and there was really a number of things that happened i don't feel like we had a full recover recovery ever after 2008 because every time that we got there like i said we got there in the fall of 2016 things were great and awesome the oil market falls out in alberta and all those things happened we put another deal together with a company out of salt lake that we were going to take over their production and it was going to give us a new network within the us but what happened was i i actually thought you know i want to head this up and make sure we get this all taken care of so as soon as we put this deal together i started going out and visiting with all their distributors but what had happened is the year before they had kind of decided we're out of this business and started to neglect it and so all their distributors jumped ship on them and so here we are thinking we've got this whole distribution network and i'm going out there meeting them all and they're saying no we switched last year we don't deal with them anymore and so that was another kind of kick in the side so yeah it was it was never a real full recovery after 2008 it was always building up building up we'd get to a peak and then also get hammered with something again and so it was it was a lot of difficulties that we dealt with um so was was covid the big thing no it was kind of just the final straw in my in my mind no and that that you know is one of those where because i had one of those businesses and was a bit different but this is a side note it was one where we were going along and we actually had a frivolous lawsuit now you know people think oh you're an attorney that's that's not a big deal it's like no it still takes a lot of time and effort there's one where basically stopped the business kind of in its tracks and we're building momentum and going down a given path and then we had that lawsuit and it really kind of you know hit us you know hit us financially even though it ended up working out well at that time we're saying you know what are we going to do here and we're having to deal with it and we kind of give us pause for the business and you know it was one where we then when we put a pause on the business it causes us to reflect back as to you know does this make sense the path we're going down is there a better way you know we're grinding and trying to work it out but you know does it make sense and because we had that pause we actually took it in a completely different direction worked out great we ended up acquiring the other business and filed a frivolous lawsuit for pennies on the dollar and merged with another company that's still going there going strong today but it's kind of that same thing of you know sometimes when you're going along when you don't have something that causes you to change you think oh we can keep it going and we can keep it making working and it's sometimes that abrupt thing that you know finally is that kind of nail in the coffin that causes you to have to reevaluate and see what makes sense and kind of sounds like you have that and that's where you transition you into to shut down the company and uh mentoring and coaching is that right yeah so while i was well while i was down here i mean throughout the whole time i had the opportunity um whether it was with my real estate business or with this business i had an opportunity to mentor a lot of people and you know there's a lot of times i remember sitting in meetings with my cfo and talking about different things and things we had learned as we built this business and we would joke about okay that's that's got to be a chapter in the book or that's something we'll teach when we're coaching people and you know i had taken some certifications for coaching and different things but i hadn't really dove into it and he called me one time and said you know i've got someone i'd like you to meet you've got you've got a similar background and i just think you should meet and he's actually there in arizona as well so i went and sat down with him and he did he had a he used to have a manufacturing company in the uh real estate market and he's now a successful coach and so we sat down and we were talking about things and as i talked about my goals of becoming a coach at some point and some of the things i wanted to do the thing that kind of was a turning point for me was he just looked at me and said okay you've got the qualifications you've got the experience you've got the certifications why aren't you doing it if you want to do it why aren't you doing it and yeah i guess you're right that's a good question i don't have a good reason and and you know i the one thing about uh my manufacturing company was the people that i worked with were incredible so the guys that were running the operation up in canada were just just the most outstanding guys you could ask for and so it was running pretty smoothly and it wasn't something that i needed to be putting full time into and so that gave me the opportunity to start spending some of my time doing the coaching and and looking at other options for that no well that sounds like it's a great pivot and kind of as a fun journey so now as you kind of got into coaching you have a bit of you know not a long er track record yet you're still getting going so getting up and running how has it been so far have you enjoyed it is it been a good pivot a good switch or are you wishing you'd gone back to manufacturing or kind of how is where does that put you at today you know it it's it's pretty awesome i mean it's just like when i worked at the bank i get to work with entrepreneurs i get to talk about their businesses i get a and and one of the things i mean whether i'm coaching doing one-on-one any of my group coaching or any of my mastermind groups i remember it was right during everything with 2008-2009 i was at a business conference in hawaii and i was sitting at a lady was sitting at a table with a lady that owned a scrapbooking company so here i am i own a stone company she owns a scrapbooking company in my mind we have nothing in similarity but during our conversations she started talking about some of the things she did with her scrapbooking business and how she had to pivot it that it just was like that's what i need to do with my company and you know the fact that i was able to take an experience from someone in a completely different industry and apply it to my business was just kind of an epiphany moment for me and that's something that i love working with entrepreneurs i love working in my masterminds because what it doesn't matter the business they're in there's so much that overlaps and you know being able to help one another that way and so that that's been really good and you know the other part is i've been a basketball coach for 20 years and so i've got this mastermind group that i hold every wednesday night and during basketball season i would hold it from our film room at the school because as soon as i was done i had to go out to basketball practice well one of my assistant coaches was part of that mastermind group and so he would be out in his truck and in on the call and then we'd go into basketball practice after and he'd say you've got to teach this team what you were just teaching in that class and it's when i really started looking at you know athletics and entrepreneurship and life there's so many things that cross over and i had i'd been asked to speak at a conference and i i was asked to speak on self-talk and at that point it's when i really started doing a lot more work in mindset and what i ended up doing is i started working with my team a lot more on a lot of the things that we teach and talked about with my entrepreneurs but then during all this pandemic i actually had one of my business clients talking to me and with her knowing my background in sports she says you know what i've got a son that his whole focus in life was to get a college scholarship to play football but during the pandemic he's lost all motivation he's lost his drive and you know he just has nothing there anymore and so i had an opportunity to work with him and really take him through a lot of the stuff that i worked with my entrepreneurs on with mindset and confidence and all of those things and it really helped them and so one of the things that i've done recently is i've started to work with athletes a lot more as well and i've got a program called the confident athlete program that we focus on those things with the mindset the confidence and all those different things because just like in entrepreneurship we put so much focus on the physical aspect of our business or our sport or whatever we're doing but we often neglect the mental game and so that's been that's been a fun way to kind of take the business in another direction as well that i still my my main clientele is entrepreneurs but i love to work with the athletes as well so that's awesome sounds like it's been a great uh great pivot and a great journey so well that was uh we are reaching towards the end of podcast we've kind of gone through where you started to where you're at today always ask two questions at the end of each episode so we'll jump to those now so the first question i always ask is along your journey what was the worst business decision you ever made what'd you learn from it you know what talking about what happened with the company and you know what i had mentioned that it didn't fail at the pandemic it happened before that is one of the things that i really feel is i i remember sitting in a staff meeting talking about some of our things once saying you know failure is not an option we're figuring this out we're going to push through this and i think one of the biggest lessons i've learned is failure is an option and you've got to be able to as an entrepreneur you've got to understand that that it can and if you if you've failed and you're still trying to push it on when it's not going to happen it ends up costing you more pain more money more everything so face the fact when it's happened and figure out what you can do what and focus on the things you can control because there is a lot of things that we were trying to fix that we had no control over so i yeah so i thought i i think that's that's great feedback because i think you know first of all you know failure is is something to learn from and it's usually one where you don't want to fail and nobody wants to fail i don't think anybody is but i think that learning that you can fail and it's not the end of the world and you can or pursue other things you can still be successful it's a great lesson to learn from the you know the closing of a business or having to go in a different direction so i think that's great or great insight second question i always ask is if you're talking to someone that's just getting into a startup or a small business what'd be the one piece of advice you give them i guess one of the the biggest things i would say is one don't believe your own lies i think from a young age we start telling ourselves a lot of lies in in our self-talk you know why why do i think i can do that why why am i the one that could be able to do these things you know we have a lot of that negative self-talk and i think we just need to change that to the why not because you know a lot of people look at entrepreneurs and stuff and think oh they they must have had everything perfect and it just worked out for them but the reality is that it's all the same i don't know that i bought other than in the books movies or television shows i've never met an entrepreneur that's actually had that journey which is like yeah had an idea and we just it was perfect it worked all out in that in those three years we made millions and we now are retired on a beach so no i think that having that you know you have to have the understanding that things you know things are not the same in televisions and movies and tv shows and that overnight success is really ten years in the making that people have to go through those failures and that up and downs and pivots to figure out how to or where their their success lies so i think that's a great piece of advice well as we wrap up and i think sorry i was going to say and to add to that i think one of the best things to do is if you're in that position make sure that you have a coach or a mentor that you can lean on because someone that's been there no i think that having that person you know it can be a business partner a mentor something that's unrelated a friend but you know something that you can gripe about when things aren't going well you can bounce ideas off with and you can just have someone there i think is invaluable and you know i think whatever role that is definitely having that person in your corner makes a huge difference so well as we wrap up the podcast there's always more things i want to talk about than we ever have time to talk about it but if people want to reach out to you they want to contact you they want to hire you as a speaker or help them get some mentorship they want to be a customer client they want to be an investor they want to be an employee they want to be your next best friend any or all of the above what's the best way to reach out to you and contact you find out more absolutely so jeff hagee.com is my website and most of my contact information is on there but my email is jeff jeff hagee.com on instagram it's jeff hagee coaching and you know i've got things like my i've got a free momentum series if you're trying to figure out your goals and everything like that jeffhaggie.com momentum and it's a great free resource to jump to all right well i definitely encourage people to check it out find out more and definitely a great resource so well thank you again for coming on the podcast it's been a fun it's been a pleasure now for all of you that are listeners if you have your own journey to tell and you would like to be a guest on the podcast we'd love to have you so just go to inventiveguest.com and apply to be on the show two more things as a listener one make sure to click subscribe so you know when all of our awesome episodes come out and two make sure to leave us a review so everybody else can find out about all of our awesome episodes and last but not least you have any health patents trademarks or anything else in their business feel free to reach out to us just go to strategymeeting.com and grab some time with us to chat well thank you again for coming on the podcast jeff and wish the next lead of your journey even better than the last thanks time [Music] you

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Decide To Start

Decide To Start

Deborah Johnson

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/3/2021

 

Decide To Start

You have to decide to start and actually start because I have heard people that have had this plan. I've known people that have been on these albums. They have been working on the album and never finished them. So you have to decide to start. Then right along with that is to put some sort of date on finishing and actually launching.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 you have to decide to start because and actually start because i've heard people that have they've had this plan i've known people that have been on these albums and they've been working on the album they've never finished them so you have to just decide to start and then right along with that is to put some sort of date on finishing and actually launching [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host evan miller the serial entrepreneur that's grown several startups and uh seven and eight figure businesses as well as the founder and ceo of miller ip law where we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com and grab some time with us to chat now today we have another great guest on the podcast uh deborah johnson and there's a quick introduction to deborah so she always thought she was going to go into music um i think started teaching music at the age of 13 talk to piano to kids and then to their parents went into college majoring in voice and piano and got and then went into education i think for a period of time taught for a couple years and then went uh and did some graduate work um also went did i think some touring if i remember right with the musically related married a professional or baseball player had a family did or did the tours off and on um went and did some work with disney and then expanded into speaking and does uh did that for a part of the business also got into set up systems for marketing and promotions and other things um and that kind of leaves us where where she's at today so with that much as an introduction welcome on the podcast deborah oh thank you devon that was quite an introduction i don't know if i could have done my life that fast that was you know it's great i just condensed your journey into 30 seconds so now let's unpack that a bit so why don't you kind of tell us how your journey got started and let's hear a little bit about that well if we want to start way back you know of course yet at the age of 13 i did not want to uh watch the five kids next door or pull weeds so i thought i could start teaching piano and this is going to date me a bit because it was 50 cents that i charged for teaching uh one of the neighbor kids piano and then her mom wanted to start taking so okay i was teaching adults at the age of 13 and it pretty much took me all the way through high school and even my college uh it was a great way to earn extra income pay my all my bills that was great um and that was you know fun and yeah i always did think you know i'm gonna go into music and of course i did i've worked as a professional musician for you know 25 to 30 years at least and done international touring done touring all over the united states done a lot of headline um concert work as well so um yeah that's uh it's what i love go ahead over touring so you went and i think after you went to college you went into teaching for a couple years now is that musical teaching uh high school elementary kind of what teaching did you go into before going back to do graduate work yes and actually um i um i was majoring kind of in performance but i got pushed a bit into education because it's a sweet spot for me as well so i got the top award coming out of cal state northridge for the top student teacher of the year you know and it was kind of a surprise you know i was show up at these meetings or these you know events and then you know i had no idea that was coming so um and i i was offered contracts when a time that contracts were not being offered and i thought you know i just really don't want to teach i don't want to be in a classroom and i could have taught high school right out and didn't want to do so i said no one question just when you were making that decision deciding hey i don't want to teach what was it was it more of hey this isn't enjoyable to me or i want to you know go in a different direction or kind of because you know a couple years got it you obviously good at it got a reward got an offer so what was that what was the motivation or saying i want to do something different kind of how did you figure that out well part of that was you know i liked the freelance lifestyle i didn't want to really be in a classroom and some of the offers i got were in inner city schools that really needed somebody like me you know like high schools but i knew how intense that was and i thought you know i don't know if i want to lock myself into any sort of contract like that so you know i didn't accept those but i ended up accepting one uh because i was living at home and you know it was like okay going to the beach every day and just doing my freelance stuff was not working at that point i had a college degree so um i was i was after this contract locally taught junior high um music and drama and so uh which i was really not totally prepared for teaching drama i will just tell you that they put me in that spot and it was not easy but but i made it through that year and decided okay after that year i am never doing this again i quit and then the next year came around and i was offered another contract at my old junior high school and i could not say no to my old principal who was still there and that was a telling sign that people stay there forever so again but i said i will do this part time i will do all your music groups and i recruited a boys chorus i will still never forget i did not have a boys course so i thought oh this i love boys choruses so i went out on the football field and this is junior high school okay and went out there and i recruited 25 guys and i got the top player first and i looked i looked like a junior higher still coming out of college i just looked really young so i went out there i recruited 25 guys and i tell you what we had a great little year i had him doing this is gonna date me i had them doing saturday night fever and they did it i cannot even believe they did it they did movements and everything for me but again i started doing my graduate work then i thought this is not where i want to be forever i don't want to be you know this principal here forever in this school i feel like i just have there's more there's more for me to do and what do you do at that point you just go back to school like what do you do i didn't really know i kind of you know i wasn't in a a strong relationship yet uh that i felt like was a serious one so i had the freedom to do that and i could still tour if i'd like to and so uh that's what i did i did that part-time and then i really quit for sure at the end of that uh and i ended up teaching college later i taught at the graduate even graduate schools and all of that later but that was a different level that was fine uh with the graduate work but um at this point you know i just didn't see i just appreciate the people that stay in those positions for a long time and they're meant for it i just didn't feel like i was really meant for you know staying in in that place it was more just because of that creative juice i had i guess you know that's what it is this is all about the inventive journey so so now you you so you stayed in you know in one form of teaching for quite a for a good period of time you know in different forms or fashion as well as going back to school now you finish up the graduate you know graduate school and invention of that program and coming out of that what was kind of that next step or where to just decide to go from there well i did marry a professional baseball player he was in the minor leagues and i had one more semester of graduate school left and they gave me a break to be able to finish it and uh because we i wanted to go off with him to spring training so we did that and it was his last um spring training his heart he had heard his arm he was a pitcher uh he'd worked with uh what now is they've called him a different team of course now but he was with the indians so uh we went there and i think i had probably watched one baseball game in my whole life i mean i was not in tune with the sports i did not come from a sports family but i was in entertainment and i knew entertainment and both of us knew entertainment so um we got along great and uh so yeah we had we met and married i would not suggest this to our kids uh in four and a half months and so we we were there and i took yeah i took that time he was released but then we traveled around the country we knew a lot of people so both of us did so we did that and then uh finished graduate work after that and started a family how about that but i continued to teach privately and did some touring some fly-outs but a lot fewer because we had three sons back-to-back and so that was you know it's pretty consuming at that point of life and so the creative juices kept going kept writing kept doing all of that i was performing all along here uh different uh my sisters and i performed together we did a lot of uh work we did a lot of it um performing in churches a lot of area and fairs and all that sort of thing so we did a lot of that and so i kept writing for that and arranging so music was still a big big part of my life definitely so now and i i think that's amicable you know that's great that you know you you're all you're putting your focus on the family you're wanting to make sure you're there for the kids and as they're growing because you know i'm a father of four my wife stays at home full time she was a nurse before that um but i think that there is definitely a benefit you know if you in circumstances you're allowed to be able to be there as your kids are growing up now as your kids grow up and they're now kind of coming out of that you know getting out of the house and you're you know they're they're raised so to speak and now that they're you know still you know certainly there for them but you have a bit more time on your hands and you're seeing it okay now what do i want to do next kind of how did you re-engage or what did you do after that well i started doing club work i was still teaching a lot um privately and it's something i could do while my kids were growing and i wanted that freedom because i wanted to be around somebody has to raise your kids period and so we made that sort of choice um and so i did some fly outs a fly out is where you go someplace you can yeah it's not a big tour it's it's a fly out so i did some of that work but i didn't really start concentrating more on my solo shows until the kids were a little bit older and we had three sons they were four years apart so it's like rough and tumble it's constant you know with their sports their activities they're all you know and now they're all launched very very thankful believe me i'm very thankful when you get to that stage um and but i've always loved you know i wrote a song called you can't buy back the years you you can't buy back the years period with your kids with your parents with uh any of your um people that are close to you so you know i didn't want to waste those years and go and look back with regret and so the the decisions i made creatively and with my career and my inventive journey um were to make sure that um i was able to you know enjoy those and my husband made some of those same we're still together same choices as well to um make sure that he was around enough so good for you that's great i think that's definitely sounds like a fun place and so now kind of bringing us towards today so i think as you mentioned we talked four kids are raised you've now got into a bit more of you know public speaking and doing other things and you're uh we also i think had a stint in disney so kind of catch us up now kind of where that or where that takes you to today yeah it's just kind of interesting kind of looking at this path um so much of life is and business is who you know and your relationships and i was starting to do this club work and now you're calling for subs around and there's a there's a certain group of us in los angeles in la area that we are piano vocalists we can do both so and we're women and so we have worked we work um we're hired for a lot of at private parties and and events and and of course i was doing my solo shows at that point too so i was uh doing some fly-outs and doing some stage work because um i did i put some shows together and so that was a lot of fun all over the country so um but in getting in disney it was one of the one of my very best friends she's become a very best friend um that i had asked her to sub for me in a job because we suffer each other and she ended up i had been trying to get in with disney you know and you send stuff sometimes to these companies over and over and over and you never hear anything back and she says you know what i have this this gig with disney would you like to do it for would you like to sub for me and that was it sure and i've worked for them 25 30 i mean it's you know with with an organization like that and it's you know and some of these are they're not my highest paying gigs they're not my type of but i love working for the organization so you show up on time you're prepared you look good and you you know you don't take advantage of you know what the freedoms that you have there and you're good and they're not gonna do a lot of different changes unless they have to have to cut back in areas but i've been an independent contractor so you know i just signed a different contract a new contract where you feel like you sign your life away pretty much with those big organizations but you know they they have to cover themselves too legally so yeah but that's that was it devin and it's so um interesting how we can just try to push our way so much into areas and sometimes it's just this relationship and and it's like ah that that was easy and if you're prepared you need to be prepared and that that's a big point too because some people they they try and try to get in and they're not prepared so that's now so now you work you know so you get it you finally get in with disney after trying for a while and and having the the connection in your network to help you get in there do that for a while now are you still doing disney and then how did you get into kind of public speaking and engaging that as well that's a great question because i had worked so hard putting those solo shows together and i was doing another headline act with two pianos like a dueling piano but it was a stage show and a headline act so we did a lot of video we did a lot and just wonderful a wonderful colleague uh waylon picard and we were doing this all over the country huge arenas we were having so much fun um but what happened was with the great recession and with corporations and some of those conferences they weren't hiring us and they weren't hiring my show either and so i started studying the market what were they hiring and what way what i found is that they were acting they were hiring mostly like tribute acts or older acts uh name acts pretty much but not the newer acts and more you know kind of niched acts like mine and our act but what they really were hiring was speakers it's like oh well i could do that i i could take it all you know what do you speak about what is this business so i contacted one of my agents and i knew that she had hired speakers and went and visited her and um we went to arizona and kind of sat in her living room and i said tell me about this speaking thing is this really a business what is this what what what do you do so i started learning about that and started writing books and i have absolutely loved it because i can combine the inventive journey of what i've done in media and music and now i've turned it into more of a media company because i've i've got videos i've got songs like hundreds of songs i've got musicals all of this stuff i've written but i can turn that experience and all of that into an overarch and also and combine that with speaking with a message which is the hero inside because we all have that creative place inside of us that just needs to come out no i mean that's definitely sounds like you know definitely a lot of fun things that you're able to accomplish a lot of opportunities a lot of fun along the way so i think that brings us kind of uh to where you're at today so now kind of looking excuse me a bit into the future you know the next six to 12 months where do you see uh things heading for you what's the next part of the journey well um i've been working extremely hard in uh putting a new book out and so i kind of use that covent time and i'm an introvert anyway but i really did miss people believe me i'm an i'm an intentional extrovert and so i get on a stage i have so much money but but you know i use that time to really really focus and to finish projects it just takes that i tell people it's seat discipline you have to focus to finish these projects um so i had had this idea for kind of a different type of book and so i really really used that that time to be able to finish the book but it's really a message of what i speak about as well so and i've kind of written a new keynote which is my here the hero inside to really bump that up with a message i think the world really needs to hear today because you know whether you're at mid-career at the halftime of life that's my audience um to maximize your skills your experience and your talents and your resources and so many people are afraid to move on and especially now they're afraid to like there's so much fear like okay what do we do can i travel can i get what what do i do should i where's my business at or what if my business is closed or you know all of those things there's a lot of those things that are keeping people circling in that endless roundabout and so that's part of the message of this at the summit of the book i wrote and how to be able to emerge from that because i've had to make my own decisions and how to emerge from my roundabout and in my life if i could have stayed where i was at and tried to do the the gig after gig after gig and not develop more of the business and that's the big one of the biggest things too devon that i've learned from the speaking business and being a part of nsa which is the national speaking association is how to run a business i was an entrepreneur i i knew how to book gigs and i would just do another album and i'd get booked and so i i didn't understand the business part oh my gosh i'm an artist and i tell you what there's a lot of artists like that out there that are going they're pan i get the emails i they're panicked they said i had all this tour i had everything planned i had i had this new album and everything shut down and i what do i do you've got to develop those multiple streams of income you've got to develop the residuals you've all of that stuff needs to happen and that's what you're all about i know with your business which is wonderful but but that's so necessary for artists definitely oh and i i definitely agree with all that i think that's that's really necessary for all businesses is yeah when you're hit with something unexpected you first of all you have to figure out how to pivot or how to adjust it and then building in those different streams of incomes and different sources of revenues and and expanding the business i think you're all great at piece of advice so well with that now as we're kind of wrapping towards the end of the podcast i always have two questions that i'd love to ask at the end of each podcast we're going to jump to those now so first question i always ask is along your journey what was the worst business decision you ever made and what did you learn from it that is a that's a a really good question because when i think about my worst business decisions i usually try to turn them into positive decisions and and what can come out of it um i think some of my worst business decisions have happened because i've rushed into the project or i've rushed getting it done and not spending enough time um really developing like the marketing plan when i when i taught music business at a college course i told them um you know you're doing your project is this much and it's a lot of work but your marketing and your plan for putting that out it is huge it is huge and i think some of my worst business decisions have been in doing um a particularly you know i did this christmas album that was an amazing it's it's a great album i had live streams on it a lot of brass it's just a beautiful album fun arrangements and um but the marketing aspect i i just thought ah people are just gonna book this show and it just doesn't happen like that you have to put that in place and there's so much i was just asked the other day well do you have a marketing team and i said oh there's a lot you can do right now you don't have i i might be against some of these people watching they're going but i'm a marketing team i could do that for you but there's so much that entrepreneurs can do now by yourself you can hire you can hire those independent contractors you can um use some of that social media you can use the ads you can get people to write reviews and not um but you they write reviews when you ask when they read your stuff actually read your stuff you do not ask people to say oh just write me a review they don't i don't i never do that but but it's important for people to honestly i like getting reviews that just come that i don't that are totally organic i just got another one the other day and i was like that was so i mean i just appreciate that so much so because that was unwarranted and i didn't i don't ask for them so um so all of that was some of my worst of just not planning enough and having the insight because i think i could have helped more people through that process as well so that's a good really good question but you have to try to turn those into a positive and what you're going to do different the next time so and i think that that's definitely a great lessons to learn and a great piece of advice so now to jump to the second question which is if you're talking to somebody that's just getting to a startup or a small business what be the one piece of advice you'd give them i would say you have to decide to start because and actually start because i've heard people that have they've had this plan i've known people that have been on these albums and they've been working on the album they've never finished them so you have to just decide to start and then right along with that is to put some sort of date on finishing and actually launching so i think that's a mindset and but you have to get the right help as well and some people are afraid to ask for help or to spend the resources it takes to get the type of help they need and when i talk to them a year later they're still in the same place so at deciding to start get the right help you that you need find that you know there are so many programs out there and there's a lot of scams too by the way and there's a lot of a lot of just stuff out there you gotta wade through it it's all about trust i talk about that in my new book talk about trust as well and how important that is but in the journey but just to actually with that mindset to actually start and and part of doing that you just need to develop some sort of routine whether it's journaling i i love i have a little program called the 90 day challenge that you just write a line or two every day i tell you it helps that sort of thing but to starting and then put an actual launch date on it that you will do it and i think that's a bit that's a big mindset some people they're just afraid right now to get beyond the fear no and i think that's definitely a great piece you know it's interesting i think we're either coming up under or just past 300 episodes and i you know asked the same question we get different or different responses and different great pieces of advice so probably the number one answer we get more from more entrepreneurs than anything else is just get started or i wish i got started earlier you know get started as quick as you can and so you'll never regret it and i think that there's you know good takeaway there is it everybody no matter their journey no matter what they're doing no matter the business or anywhere else anywhere else they're at within their journey and so they always are glad they got started and so i think that that's a great piece of advice of just getting started and getting started now because you'll you know even if it doesn't work out or you decide you don't like it you'll very seldom look back and regret i regret that you got started because you chased that dream you found out that you loved it and it's the thing you want to do or you found out you want to do something else but i think getting started now is a great piece of advice well as we wrap up and as if people want to reach out to you they want to get to know you they want to be a they want to hire you for speaking they want to be a customer they want to be a client they want to be an employee they want to be an investor they want to be your next best friend any role give up what's the best way to reach out to you contact you and find out more oh you can always contact me through i have a number of websites um but i have my speaking website is deborahjohnsonspeaker.com you can get me there um goalsforyourlife.com i have a lot of my online courses and all of that and their goals for your life.com and uh one of the original websites i've had for years and years probably i don't know maybe 30 years 25 years i'm gonna date myself but it's djworksmusic.com you can also reach me through any of those sites uh you can email me through that deborah goals for your life dot com that always works and um i would love to hear from you and mention that you heard me here that would be so great and devin this has been a wonderful interview i love the focus of your business and i have worked with um intellectual property attorneys before and they've saved me a couple times with some of my projects and i really appreciate what you do and it's a very important for a creative any creatives uh listening to this uh just to make sure that you've you know you got your uh your ducks in a row well i appreciate the cotton words i appreciate you coming on it's been a fun it's a blast to have you on now for all of you listeners if you have uh your own journey tell and you'd like to be a guest on the podcast we'd love to share your journey um you can just go to inventiveguest.com and apply to be on the show two more things as listeners one make sure to click subscribe in your podcast place you know when all of our awesome episodes come out and two leave us a review so other people can find out about all of our awesome episodes and last but not least if you ever need help with patents trademarks or anything else just go to strategymeeting.com and grab some time with us to chat well thank you again deborah for coming on it's been a fun it's been a pleasure and wish the next leg of your journey even better than the last thank you so much it was an absolute pleasure devon thanks for having me

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How To Start A Podcast

How To Start A Podcast

Ryan Estes

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
9/2/2021

 

How To Start A Podcast

Just avoid judging the podcast harshly. Tell yourself I am not going to judge this podcast until my hundredth episode. Until I get there, I am going to just put out content. In that process, you are going to get better in all kinds of different ways you did not even think of. The thing that kills most podcasts is people just get too self-conscious with it. The delta of where they are and where they want to go just seems too high to climb. Just keep doing it. Nobody is listening to my podcast. Does not matter, record another one. I don't have the right cover art. Does not matter, record another one. Keep going. Get to that hundredth episode, and you are going to have the main expertise in all kinds of ways you did not even expect.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 just avoid judging the podcast harshly you know tell yourself i'm not going to judge this podcast until my 100th episode until i get there i'm just going to put out content um and in that process you're going to get better in all kinds of different ways you didn't even think of the thing that kills most podcasts is people just get too self-conscious with it and they they their the delta of where they are and where they want to go just seems too high to climb you know so just keep doing it it's like nobody's listening to my podcast doesn't matter record another one you know i don't have the right cover art doesn't matter just record another one keep going keep going you get to that 100th episode and you're going to have domain expertise in all kinds of different ways you didn't even expect [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups in the seven and eight figure businesses as well as a founder and ceo of miller ip law where we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com we're always here to help now today we have another great guest on the podcast and this is an expert episode and as ironic as it is on a podcast we're talking about podcasts but i think it'll be a great and a fun episode but ryan is a estes is that how you say the last name estes estes i was close but not quite so as a quick introduction so ryan we're going to talk about everything all things podcast and so everything from you know why you should listen to podcasts probably not as much of that but more so if you're thinking as a business should i go on podcast or should i be a guest on other podcasts this is a good way to reach new audiences should i start my own podcast what's involved you know how to do that how do i find guests and kind of i don't know if we'll get through all of it but it'll be a great conversation um and so with that much is introduction as an introduction welcome on the podcast ryan thanks so much devon i'm really happy to be here i appreciate it absolutely i'm excited to have you on so with that in mind you know before we dive into the questions and talking about podcasts and everything else maybe give the audience just a quick introduction a little bit about yourself why you're an expert on this uh this topic and why people should listen to you absolutely so uh i am the co-founder of kidcaster.com and we are a podcast booking agency we work largely with funded startups uh startup founders that is entrepreneurs with exits and c-suite execs and we booked them on the world's top podcast um i got started in podcasting maybe 15 years ago i was kind of on the heels of a uh unsatisfactory business exit we'll call it and took a job that was about an hour and 20 minutes away from my home so i got kind of sick of my playlist pretty quickly i don't know what this fly's doing that's not good for podcasting he just wants to join in the fun yeah okay he could be there on the boom arm whatever um so yeah 15 years ago i'm stuck in an hour and 20 minute commute each way to a job you know i i was an entrepreneur i owned a health food brokerage and um that kind of fell apart so i took a job you know and i ran out of my playlist uh pretty quickly got kind of sick of it and kind of discovered podcasting through that and podcasting early on even 15 years ago became kind of a sav i was in a uh maybe a bluish phase for uh the estes household two young children um kind of figuring out what to do next and podcasting came along in the perfect time so um after that i i kind of decided to to strike out on my own with my own podcast and put a couple together and had some success there and really over the next 10 years um just fell in love with the medium you know i i founded a podcast called the denver denver business podcast that kind of fed leads to my marketing agency and um just had a ton of fun with it produced maybe six seven shows did launches um had a great time with it so flash forward to two years ago uh our co-founder brandi and i were kind of having lunch and she had a pr firm that i'd worked kind of parallel with for years particularly around the podcast and she's like you know let's do a project together we had great chemistry we're like cool well let's do something in podcasting so kind of throwing business ideas around looking for something that could scale um in podcasting so the idea of a booking agency much like a musical booking agency and or a music act booking agency um kind of took root with the idea being you know scaling uh agency like that would be old school you know it's like butts and seats you know building a culture providing jobs both of us had kind of come from startup you know software world where you're looking lean and mean teams with 90 margins and this was different and i think it both it appealed to both of us so we kind of set our heads to it and you know two years later here we've got a staff of 18 here in denver um about a 117 clients and growing exponentially podcasting has been very good from us for us so as far as i'm a big podcast you know big podcast uh promoter i love i i list i it's probably the medium other than books on tape i love podcasts probably as much or more and i think they're great they're a great medium to both to convey information as well as to devour information now one thing before we get into your expertise that i i do want to this more of this a personal question not as much on the expertise but so podcasts were around for 15 years ago because i've i've i've been listening to podcasts for i don't know three or four years and i thought i was newer than that and they've grown and since then exponentially i wasn't aware that they were around 15 years ago shocking it was i think it was iphone 2 i had an iphone 2 and i realized that i think it was like a maybe it was a 3g network maybe that was cutting edge back then 2g something like that um but when it kind of clicked to me because i was downloading them and then i realized that through your cellular connection you could download the podcast it would take like an hour and a half and so i was like oh my god and you know it just started clicking because i would go through like kind of apple podcasts and and you know i was like there's podcasts about everything you know and so that became my commute you know and then i i started podcasting on that commute by just recording phone conversations with my friends because i was so lonely and publishing that publishing that as a podcast and never look back awesome well that is a that is a great introduction and uh appreciate the background so now without further ado let's dive into a little bit of podcasting so you know there's kind of in my mind and probably you know in some other people's minds kind of two different ways that you can be on just listening to podcasts and devouring it but if you're looking at it from a business sense of hey this is a new medium for me to promote myself to share information to do client generation or you know otherwise do it there's kind of two paths you can go and they're not exclusive but one is that you can go and start being guests on other podcasts you know you can either do it organically you can reach out to them you can have use your services or anything else and then there's the other side of hey you can start your own podcast to reach new audiences and to you know share information and show you off your expertise so we'll probably hit on a bit of both but on the first one if you're saying okay i'll ask the question before we split into it is you know how do you make that balance or that decision as to which path you should go where both paths are kind of if you were taking somebody that's you know in a start or kind of was a startup an entrepreneur maybe a small business and they're trying to figure out hey i only have so many hours in the day i only have so much time and resources which is the best path for me to go how would you kind of walk through that decision making you bet so path a is start your own podcast path b is going other people's podcast yep okay cool so you know uh as far as going on other people's podcasts it's a great way to validate if you like the medium um podcasting has a lot of moving parts and to publish your own podcast to launch it successfully to find guests to carve out the time it takes a lot a lot of time um it's a calling for some people i mean for talkers like us i mean we're born for this so it's great to have your own show and to do all those things becomes kind of a labor of love or a devotional practice in a sense so if you're if you're interested in it um then going on as a guest is probably a good way just to validate that it's a good source for you um caveat being that you should probably have something worthy to discuss not necessarily you know you can go on and do anything but if you are truly an expert um then it gives you a nice platform or it likes a nice kind of foundation to go on and and talk to other folks and also i think that's kind of a part of the deal there's a reciprocity that happens here because it is so difficult to publish a podcast much less build an audience base you really um are trading that expertise and value uh for the the authority and the audience of the podcast so you know i take that really seriously it's like you know i want to go on and make sure it's a good show for for podcasts i go on because i know how difficult it is to build a show no i think that's a i think that those are you hit on a lot of great points so maybe just diving into a couple one is i don't think that people get the amount of time and effort it takes to run a successful podcast or really even an unsuccessful any podcast in the sense that one you have to figure out what your podcast is going to be and that's sometimes hard i think you know yeah if you just want to get out there and to your point when you're starting chatting on your phone maybe that's an easy way to go but if you want to have something that people are going to find interesting you have to figure out one that what your topic's going to be but even two figure out something that has enough of a runway that it's not hey we'll do five episodes and then we run out of things to talk about and it's going to be a very short-lived podcast and i think that's a difficult thing but then even once you figure out the topic it's how do you find guests and you know it's how do you find people and sure you're going to reach out to your friends and your family your personal network and that will be the first few episodes but then again how do you do it then how do you then get it on the platforms and how do you produce it do you put an intro and an extra and all of those things i think that that's a very good point they're probably if you're looking to just dip your toe into it maybe you start out on other people's podcasts to one get a feel for it see if you like it see if you are good at talking or explaining things and then work your way up so yeah with that in mind let's say you did take that you know that first path which is okay i've never done a podcast i've listened to them i you know like to get my dip my toe in you know certainly can hire a service and you know similar to you as a service but what should people because there's you know i've got i've got hit up even before i started my own podcast with people that are offer the service and some of them are awesome some of them are terrible in other words you know some of them because some of them they give you such a small you know get you on podcasts that are so small so narrow and they don't have any audience and you're paying them for it that it doesn't have that return and others are doing a great job they have the network connections they do a good job of researching which ones will be for your audience and so how do you kind of figure out whether it's you guys or anybody which you know how to start getting on podcasts and should you start out trying to do yourself or hire an agency or kind of how would you get going on that front you bet so you want to go on podcasts and you probably you start reaching out to podcasts and realize it's insane amount of work too one thing about podcast producers is they're not necessarily communications professionals um which is great because it created a lane for us you know so i i think you you take an assessment of kind of what are your outcomes here what are your objectives what are you looking to do where are you in your in your entrepreneurial journey you know are you validating your product are you trying to find traction are you scaling um that's going to be a good indication of maybe the kind of service that you're looking for because you know there's other booking agencies there's you could buy you could get um a virtual assistant and things like that you know so there's there's multiple tracks and multiple things to do and kind of um perhaps just kind of checking your expectations a little bit so there's a lot of coaches out there you know um there's a lot of coaches that coach coaches how to coach coach which is building courses to coach coaches there are a lot i think i just think wait there's a lot of coaches out there that's that gets me on the whole tangent though a very small amount of good coaches and a lot of people to say they're coaches that really don't provide any value but getting back to the topic at hand so let's say okay so you know figuring it out you know basic questions should they try and do it themselves you know i know because i know there are a few ones you have pod match you have matchmaker there's another one i'm trying to think of you know there's a few of them that you can go on and you know just find podcasts that are typically smaller and i think there's a few bigger ones on there but a lot of smaller ones but you can reach out and do the work yourself and actually reach out to the podcast and you know say i want to be a guest on your show or you can go and hire you know somebody like you guys to do it on day in day out and probably have a much better network and know what to look for if you're getting out how do you should you start out doing it on your own and try and test it out or should you go dry to just hiring an expert you bet so we're going to give you kind of the highest level of service imaginable we set out to be the best in the world with this business and we most certainly are um and you pay for it too it's not an inexpensive service so you know our clients you know they raised let's say 30 million on a series a they have a sales department they have a marketing department they have film at success um they have a ceo up top and and co-founder perhaps you know so podcasting gives them an opportunity to really lead from the front they're not going to go on matchmaker and kind of piece through like people's rookie podcasts nothing that no disrespect to that at all and that's where everybody starts and that's awesome um so if you're interested in like a service like us just understand that like the kind of caliber of service you're going to get is commensurate with the kind of podcast that we're going to book now if you're let's say a self-published author or your coach and i i'm not disparaging coaches at all one thing i really love about coaches particularly new ones is just the enthusiasm and they want to help and that's that's so important and podcasting becomes an absolutely critical opportunity to test some of your ideas and and get them out there um a part of that the excitement though oftentimes can be like a mismatch in in expectations you know um when when we're working with you know let's say startup founders that raise their series a we're we're going on two tracks right we're going on the entrepreneurial journey track where they have big audiences want to hear about their crash and burn stories those kind of things and then we're going on expertise track where they have very um distinct outcomes they're looking for whether it's hiring or gaining runway or from finding prospects of course speaking technically to a niche audience you know let me ask yeah now then i think that's great or a great intro now ask a couple of questions that i'm sure people kind of have a fear so to speak or uncertainty or that is you know one is hey i don't know you know ones if they're i'm not sure what or what i'm supposed to share in other words yeah i'm you know take me as an example i'm not a good example because i've done more multiple podcasts than my own but you take someone that's an you know patent and trademark attorney and they know their expertise very well but they have they don't have no idea how to share it or how to talk about it or how to convey that information and they're not even sure what they're going to do how do they start to break is you know how do they start to break down and figure out what that niche is or how to address that or how to convey that you know one thing we offer for our clients is media training itself um what i was kind of shocked at you know i i was a host and and interviewed 300 plus people um so i you know podcasting was old hat and like you know it's like let's do some interviews but when i was on the other side of the mic you know being interviewed there was some big emotions that welled up you know from like being just just butterflies to what is this podcast i'm not good enough for this podcast or i'm too good for this podcast or just a whole myriad of different things like it comes up especially in the beginning when you're getting going so you know our media training focuses kind of on three things one would be dealing with big emotions the second would be kind of the first five minutes of that show of attracting the audience to you um by using anecdotes and kind of um allowing people into some of your thought process and some of those things so you know the first five minutes of this podcast i i kind of explained my birth into the podcast arena and it's something that i mapped out you know of like here's some stories some beats i want to hit so people will understand me as a person no and i think that that's kind of going to happen i think that's great because you know i i love podcasts i listen to a ton of them and now my son listens to a ton of them as well he loves business words and we listen to that one together um but you know you you you get drawn in but to the people and it you know if all you do is dive right into the expertise and all you do is share here are the things you need to know most of the time it's kind of boring it becomes off-putting or boring in the sense that people are saying ah they start to tune out because even though it's great information they can't really relate to the person they really really don't understand so i think that definitely makes sense so now one last question they'll hit the second track which is if they wanted to start their own podcast but before we jump over to that if they're looking to get on you know other people's podcasts and that can be let's say they hire you guys as a service they hire another service they figured out how to do it on their own what are some of the things you should be looking at as far as selecting which podcasts are good or knowing if you hire someone else that they're getting you on good podcasts because you know just getting on a podcast you know i not i'm by far not an expert but i could go and say here's an easy way you know go to matchmaker go to pod pod match and i think those are great it's where a lot of startups where podcasts start and i think it definitely does or nothing against them but you know if you're getting on a podcast that has an audience of 50 people and you're paying 500 for each podcast or whatever the amount is then you can say that return probably doesn't work unless those 50 people are really in your niche and they're really a high you know high value type of people but how do you start to understand you know if you're getting the good value whether it's doing it yourself or other people how do you select the podcast that are the good ones and how do you know that you're getting that value does that make sense 100 so you know selecting podcasts everybody basically uses apple podcasts uh categorical hierarchy so you know if you're an entrepreneur you could go business entrepreneur as a base search and then within there you search keywords to find shows and like using a service like matchmaker or um uh what is it it's great you you can search the liner notes and find relevant shows um then you know the audience size is a great consideration you know the problem is is nobody knows how do you know what the audience sizes nobody knows i know it's impossible to find out um we have vague uh ideas and we have uh ranking so you could say hey this is you know the number seven podcast and entrepreneur you you know it's quality you know they have a great audience um but the way i would start about it is to to check my expectations on the results from the podcast and themself so i'm not going to go on somebody else's podcast hoping that someone in their audience is going to resonate and then come back to me the idea that a listener is on the treadmill and they're going to get off the treadmill stop the podcast hit the link go to your website convert it while they're on in their on the treadmill it's very low you know so we really start with like hey if you get straight conversions from the publishing of this podcast that's a cherry on top but we're gonna start with the expectation that zero people are gonna convert so now it's what are you gonna do with all this content you know and there's a lot of opportunities use that in your sales and marketing funnels whether you're chopping up snippets put them in emails maybe you're using the copy for your blogs maybe you're using the copy for social media and creating audiograms and artwork like the the the you know let's say you go on 10 podcasts you got 10 hours of content you know this becomes invaluable source because one writing is insanely hard but also you know how to insert the right messaging to people in various stages of your sales pipeline so if if you know what to do with the content then you're going to have a great time with podcasting if you're just rubbing your hands together hoping to hit a hail mary that someone's going to give you a million dollars in financing because you went on a show it's not going to happen no i think that's all great points and i think you know expectation i think even figuring out what you can do the content's a good one and also the expectations it's you know kind of with most marketing it's a build in other words you're getting your name out there you're promoting yourself people are hearing you a lot of times if you're hearing you know if you listen to one business podcast you're all oftentimes listening to multiple ones and it's also kind of that hearing you multiple times is a great way to get exposure so yeah we'll put a pin in that just for now and i'm sure we could talk about that for a very long amount of time and it would be it'd be a great conversation but let's shift over to the other lane just for a minute or the other channel which is now let's say i do want to start my own podcast so i'm on the other side and i said okay whether or not i've been on other people's or you know maybe i have and i've decided i want to do my own or i just want to dive in and i want to get going or have a great day whatever that is what if you're wanting to get going what are the kind of the first few things that people should consider how do you get going how do you figure that out okay so and i super encourage everybody to do this um some people you just take to it it's so fun having a podcast and you should really do it but when you're getting into it no one it's more work than you think and it's a lot of work um and then the other is know that you're probably gonna be painfully self-conscious about a myriad of different things the sound of your voice all the weird um's and uh and filler works that you use oh i hate that that's why it was this is a complete aside i used to i used to listen to my own podcast and it wasn't because i didn't know what i was i was on there so i knew what the content was but i used to figure i figured out that you say a whole bunch and it was breaking it was so many and it's not bad to have a one but it was like i was listening like this is driving me nuts and so i had to be i had to figure that out so i completely agree with you that there is that learning curve but go ahead yeah you you you're definitely gonna think you suck it's gonna it's gonna be humbling um but you're much better than you think you are you know and so understand that um that's coming up that's going to come up emotionally in the beginning um you're also going to run into paralysis by analysis you know uh should i should i edit all those um's out should i need more music i need a i need two sponsors i need to get my the the the uh bumpers on my episode there's gonna be all these things i need a better microphone i need a preamp i need to know how to use the software um all these things are going to interrupt the the creative process so one thing i like to recommend is record five episodes on your phone don't spend any money you know get you get five of your friends colleagues co-workers whoever interview them and record it on your phone um if you've got an iphone or samsung part of me they have great microphones you know and you'll get a really high quality recording that you could publish later if you wanted to but this was kind of a low barrier of entry to see if you like doing this kind of thing um what you might discover is that like when you hit record with somebody and you have their undivided attention it's magical you know no one's looking at their phones like you're sucked into this conversation and it's really exciting you know so now you've got five podcast episodes in the can and now you can start to make a decision if you'd like to take a next step once you make that next step and you get your microphone you get all your lighting you get your desk set up you got your website you got you're ready to go um just avoid judging the podcast harshly you know tell yourself i'm not going to judge this podcast until my hundredth episode until i get there i'm just going to put out content um and in that process you're going to get better in all kinds of different ways you didn't even think of the thing that kills most podcasts is people just get too self-conscious with it and they they they're the delta of where they are and where they want to go just seems too high to climb you know so just keep doing it it's like nobody's listening to my podcast doesn't matter record another one you know i don't have the right cover art doesn't matter just record another one keep going keep going get to that 100th episode and you're going to have domain expertise in all kinds of different ways you didn't even expect i i think that's a ton of great advice and a lot of things in there now one question that i've had and i'm hope guessing others have had is it better and i don't know there is a better or not but i'll ask it anyway is it better to have guests on your you know guess on and have people come onto your podcast or should you do you do it yourself or is there a mixture of it because you know all this is some podcast and the person does great and they just talk for 30 minutes and other times they have guests on and you have you know kind of like what we're doing in conversation back and forth so is it more of what you feel comfortable with or how do you make that decision as to should you get gas or just talk yourself oh man if you can monologue like that then you should do that that the bill burr thing man that is incredibly hard just to like open up a microphone and just start going if you can do that do that um uh guests are much easier because we're all experts at talking to each other and and podcasts are charming because of their kind of like uh amateurism you know so if you're a decent person then you've just been kind of talking to people all the time so it's it's not hard and and it makes the time go longer and it also gives you opportunity to develop your skills as a journalist and get information from people and have them expand on things and and learn how to listen and how to interject which are very valuable skills i think that crosses over and all kinds of different stuff so i mean getting guests is going to be way easier for sure now now i'm going to follow up with how do i how do so i think guests are easier in the sense that make much easier to have a conversation fill in the time probably have a bit more interesting dialogue unless you have that personality you can just talk and be insightful and interesting now how do you go about getting guests in other words let's say okay one i've got my whatever podcast art i figured out what platform i'm going to use i've got my microphone or my phone there and i've got the topics are you know kind of my niche now how do i find guess you know beyond the friends and family or the first five people or ten people that i can reach out they'll do it to me just as a favor but how do you how do you consistently find guests you bet so if you're looking for like those uh match services might be a great place you know it depends on what the focus of your show is um if you're looking for like higher level folks there's a lot of firewalls to get to them sometimes but particularly if you have a an interesting podcast angle you know which is also kind of a consideration when you're building your show like how can i stand out how is my show going to be unique in a way that i can attract the kind of guests that i want on the show um so you know the matchmaking services are fantastic especially when you're getting getting warmed up once you feel pretty confident about your journalism skills you know use social channels you know go and go into linkedin see if you can grab somebody um hit somebody on twitter you know if you can especially if you can kind of come with a give first kind of mentality you follow them on twitter maybe you make a couple of comments on some of their posts um same thing with linkedin offer them something for free first and then just ask politely and oftentimes you know that's going to get you the result that you want all right no and i think that that is a great advice and i've used any and all the above and different phases and you know going to those matchmakers going to social networks going to your friends and family and everything else and i think to your point the best thing is just to get going on it because that's your biggest barrier and it's you know you see how many up or podcasts have five or 10 or maybe 15 episodes and then they simply dwindle out and i think having that just get going is probably kind of the consistent takeaway yeah a couple more questions that i have one is i you know i've seen it done both ways and i have my own opinions about last year's first is some podcasts charge you to come on and be a guest on the podcast and others are doing it for free if you're starting your own you know let's say you've been out you've done it for six months you're starting to get some traction should you start charging guests to come on or should you do it for free or is there a best practice or does it just depend too much i think it depends on a lot of things um there's people that charge for podcasts and it's a great value there's other people that charge for podcasts and you know if it's fun for you spend the money um there there's it what's cool about podcasts it is still the wild west and everyone's figuring out different ways to monetize and i think it's important to attach a financial component to your podcast it'll make it more sticky especially if it's earning earning you some cash so charging for a podcast guest the folks that i see do it really successfully have gigantic audiences in their very specific niche for example there's a podcast called we study billionaires and i think they have like 1.2 million verified downloads per month and it'll cost you 11 grand to go on that show so you don't have to be a billionaire you just have to have eleven thousand dollars [Laughter] fairly well off in order to do that but yeah maybe you do need a billion i don't know um but you know for that that could be perfect for what you're trying to do you know um perhaps i i don't know tim ferriss you know if you want to sponsor one of his episodes it's about 40 grand and you have to commit to three episodes you know but you know he's got a gigantic influential uh audience you know you could go on there spend what is 120k on sponsoring three episodes and sell out of your entire product so it it it really depends if your your podcast host you want to charge and you don't have anything for um an audience you want to make sure the production value is really good and maybe offer some kind of take home you know if it's like hey we're going to cut these videos you're going to have three marketing videos you know we charge you a thousand bucks or something to be on the show that could be totally worth it you know um as far as like producing video producing content it's much easier to do it in podcast form because you're comfortable there's not a production team in front of you and you're not thinking about what you need to do with your hands you know so you you could get so you can give value through um perhaps providing them with marketing assets from the podcast that's definitely a way to go you know so charge for the podcast you know find advertising opportunities um sponsorship affiliate links there's a lot of different ways to to to kind of monetize your show but really from a podcast standpoint where it's really going to kick in is having that audience you know if you've got 10 000 to 20 000 verifiable monthly downloads you're gonna get some pretty good sponsorship opportunities um so that's a steep mountain to climb or consistent amount of people that are downloading it on a frequent basis and listening it's it's not easy so it's not easy yeah now last question i always try not to say last questions i always have a whole bunch but i'll try and make this my last question before our final question at the end of the episode podcast length which is is it one sentence is a dumb question yet i think is one that everybody has is should i go five minutes and do a short snippet should i go 90 minutes and give a whole bunch of information or should i go in between how do you figure out how long to do your podcast i like the long form personally i like the long form podcast you know you go 30 minutes you go 60 90 minutes you find a natural pace and rhythm you know there can be a little bit of a urgency if you have a shorter show of like i'm trying to get through my my top five questions or or something like that and you get somebody who's particularly verbose and they go on you feel that that clock ticking to me it's just not as fun um there's no you know there's no consider i mean the most popular podcast in the world rogan is three hours an episode you know so the longer it is people can kind of space out tune back into something there's nothing no urgent beats to get to if you're doing that but one the other thing is like if you're doing a daily show then maybe make that short you know if you're a news guy or you're a tech news guy or something like that where you just have like little snippets little beats you know where you kind of fit into this rhythm in somebody's life then that's that that would be a cool show too no and i like that and i'm i'm probably i agree with you if i if i if there's a podcast under 10 minutes it feels like i don't even get the value out of it because there isn't enough information conveyed within that time by time if they have sponsored an intro and an extra it's like i've listened for five i listened for ads for five minutes and i got five minutes of information and now i i was only paying attention for half of that so i got like two and a half minutes of information so no i i think that the the longer form plus it's a lot more natural i think is your point you're not you're not rushed and you know i don't think that if you are about a 30 minute and you go 35 minutes nobody's gonna care or if you go 26 minutes instead of 30 it's i think there's a bit of flexibility and variability variability to that yeah well and also i mean half the reason i'm listening to a podcast because i don't want to fiddle with my phone or whatever you know it's like i just want to hit play and not worry about it but 10 minutes later and hit play and not have to worry about what's the next podcast so i love it so well as we are now wrapping up towards the end of this podcast i always have one question i asked at the end of each expert episode which is so you're talking to startup you're talking to a small business and they you know they listen to this episode they've got a whole bunch of great information and they're saying okay now i'm overwhelmed there's a whole bunch of things i could do what do i do if you're gonna give them just one take away one thing to get started on what would that be just reiterate uh the point i already made you know record five episodes with your buddies on your phone if you like it take the next step i love it and i think that that is probably just get started do that record an episode see if you like it see if it works well and then or figure it out from there so i think that's great piece of advice well if people are listening to saying oh i'd love to get going i'd love to be a guest on a podcast or i want help getting a podcast going and they want to reach out to you they want to get more information whether they want to be a customer client they want to be an employee they want to say that's a great place to work or they want to be an investor and say i want to put a whole bunch of money into them to make it great any or all the or they just want to be your next best friend any or all of the above what's the best way to reach out to you contact you find out more well i'll tell you what if you want to give us a big bucket of money then you will be my best friend just kidding have enough money my friends we're a bootstrap company but hey i'm always interested in having that conversation um we're also hiring we're we're going to add probably uh three or four more agents by the end of the year if this sounds like interesting work definitely reach out um kitcaster.com is a great place to learn about the team learn about our services i'm happy to speak with you directly if you want to email me it's just estes at kitcaster.com um and happy to talk to anybody who has any questions about uh podcasting want some encouragement um i'm always open to to have podcast eat conversations well i definitely encourage any and all the about and if you have that big bucket of money you can buy it come find that workout great but i appreciate that's right i appreciate you coming on appreciate you can or sharing a ton of great information certainly i one i think is a great a great platform to uh to help grow your business and definitely useful for a lot of starters and small businesses now with that said if uh if any of the guests on here would like to be a guest on the podcast if you'd like to come on the show and share your journey or your expertise feel free to go to inventiveguest.com apply to be on the show two more things as a listener one make sure to click subscribe and your podcast players so you know when all of our awesome episodes come out and to leave us a review so everybody else can find out about all of our awesome episodes last but not least if you ever need help with patents trademarks anything else go to strategymeeting.com grab some time with me in a chat thank you again ryan for coming on the podcast and wish the next leg of your journey even better than the last devin thank you so much i appreciate what you do with if you didn't do what you do i couldn't do what i do so thank you absolutely you

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Don't Wait

Don't Wait

Priyanka Vazirani & Shannon Almeida

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
8/18/2021

 

Don't Wait

It would just be not to wait until you have a ready product to start building your community and start marketing your product. If you have an idea and you know you are going to go after it, create a landing page, create a newsletter, create any social media page Twitter, Instagram, etc. Just start talking to people about it. Get them to start talking to you because their feedback is everything. You will figure out their pain points and opinions. Even before your product is ready, you can start implementing it. It will also help you to market your product better. You know the terminology they use. You know exactly what their pain points are. Once you have your product ready you automatically have an email list you can send a blast to. You can already start talking to your community and say hey my product is ready and hit the ground running instead of starting from zero. We started from zero, and that was terrible.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 um it would just be not to wait until you have a ready product to start building your community and start marketing your product if you have an idea and you know you're gonna go after it like create a landing page create a newsletter create any kind of like social media page twitter instagram whatever you want and just start talking to talking to people about it get them to start talking to you because their feedback is everything like you will figure out their pain points you'll figure out their opinions even before your product is ready you can already start implementing it and um it'll also help you to you know market your product better because you know that the terminology they use you know exactly like what their pain points are so that once you have your product ready you automatically have an email list that you can like you know send a blast to you can already like start talking to your community and say like hey my product is ready and obviously hit the ground running instead of starting from zero like we started from zero and that was terrible [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host evan miller the serial entrepreneur that's grown several startups in the seven and eight figure businesses as well as a founder and ceo of miller iplot where he helps startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com now today we have a uh another great episode we have a tag team on so we have a couple of people that are a tag team they'll be joining us for the episode um so it's priyanka and shannon and they'll share a little bit about their journey but uh just as a quick uh kind of background especially on priyanka but uh both of them went to school in high school both her priyanka and shannon and then went off to different colleges um priyanka went to i think usc and got a degree in business at admin and econ and then shannon got a business administration degree as well and then uh priyanka went off to london to do banking and then they got back together a year after college and wanted to do something that had a bit more of an impact so started a an initial company helping immigrants to getting their immigrants at the border found out that was a bit of a hard business and and decided to do a bit of a pivot and shift it to their new business model which is kind of giving not our news articles in nine seconds or less so with that much as an introduction welcome on the podcast thank you thank you thank you so much for having us absolutely so i gave kind of the quick run through and given that you guys knew each other from high school a lot of your journeys already intertwined but maybe uh take us back in time a little bit to how you guys got to know each other in high school and how things got started there for sure uh we actually knew it we actually went at the same school since we were actually really really young but we only got together i mean became really good friends in high school and we also did several like uh really funny projects together taking us back to creation versus evolution which is the first time we ever worked together but yeah i don't think we ever imagined like actually starting you know two startups together um when we were in school but we went on different ways after college after school and shannon went to bu i went to usc and then we both went to separate ways finance and shannon went into consulting in law and after i think my birthday or something we just happen to be talking about you know our big vision and our plans for the future and it was really funny because a lot of like our grand visions are very similar in terms of you know like making impact doing something more um something bigger and uh that's when we started brainstorming about you know social enterprise and that's when we got started on benefactory which is our first startup now let me just ask maybe one question just to dive into a little bit so but you were at the time i think you were in london doing banking is that right so i actually moved back i actually moved back to india and we both are technically from india so that's when we met again and we started talking about all of these things and we decided that we should just create something by ourselves so no sorry just to dive in just one more question just because i think it's an interesting point so moving back to india was it did you quit your job in london moved back didn't know what you're going to do or were you still working in the job or were you already had intense to start a new business or kind of what prompted the hey i was in finance in london for a period of time and then move back and kind of what prompted that pivot or that shift so a couple of things the first thing being i loved finance i really enjoyed economics and everything i don't think a lot of people can say this but i actually did and it's just that i didn't want to make that the focus of my career forever and at the same time i also thought if i wanted to switch i switched now and my company was they wanted me to move to hong kong and so it was another like shift so i thought that if i'm shifting anyway i might as well just like you know take the plunge now and move back to india and work on something else and that's when um shannon and i were discussing about this and yeah everything just moved on towards benefactory so now when you move back so it sounds like in putting words in your mouth but not putting words um when you move back so you did is if did it sounds like you didn't have necessarily a specific business or a specific plan in place yet or just hey i'm going to make the plunge anyway going to make a shift or a change now is as good a time as any i'll move back and i'll figure out what i'm going to do from there is that about right exactly awesome so now you you move back and say okay we made that plunge and you happen to have a birthday party you guys got together now you know you were talking about social enterprise how did you come up with what you know was it to say hey we both want to do something you know shannon were you working at the time or had you also moved back and decided you want to do something different and kind of how did you guys reconnect and shift from what you guys were doing then and to deciding to do a business together for sure so right after i graduated college i kind of realized really early on that i was not gonna get into consulting or like finance at that point so i took like a gap of six months i was studying for my cfa but i kind of took that time to like really understand what i wanted to do and i decided to intern at a law firm and they happened to like let me intern without having a law degree so within one month of interning there i loved it and i was like okay i'm gonna pursue law so i was in law school and it was towards the end of law school that priyanka and i were talking it was like like last semester or something and she was like we gotta do this and i was just like you know yeah we're gonna do it like now is the time right so um we were talking and it was more like not something bigger but it was about like getting into a business that had a positive impact on people like how do we make profit and impact people at the same time and that's when we were like okay we have this vision that we can really empower like a lot of people to make you know donations and like make an impact on like causes that really matter by you know partnering up with like different companies and brands at that point and so that's kind of really how we thought of benefactory of being like this huge scale kind of a like a platform that would be connected like you can connect with people and they can make donations really easily and so we just wanted to do something that we're gonna help people at the same time like make it a profitable and sustainable business and that's kind of where we came from when we thought of benefactory no it definitely makes sense and so now you guys so you get together you know you both want to have somewhere where you have an impact where you can make money but also you know have a mission for good type of thing you come up with been a factory as you guys are getting going you know how did that go was it you know you guys are co-founders and you you know each put in some money and got to work or you bootstrapped it or you you know how did you kind of get or take the idea from you know conception all the way to actually building a business around it so it was actually it was actually bootstrapped it didn't really require much in terms of building it was more about like a very simple like basic website and just a lot of partnerships so we literally just like reached out to a bunch of online companies and a lot of non-profits so that whenever some kind of disaster strikes we already have the partnerships in place so we can like create a campaign within hours and get started the whole problem on that front was the fact that whenever any kind of disaster strikes it takes about two to three weeks for any business to you know create a campaign start working with a non-profit get all their paperwork in place and then actually start the campaign and by that time people have already like kind of forgotten about it the the timing is gone you know so we just wanted to make it extremely easy by allowing people to include a donation with any kind of purchase they make online and yeah that was a very simple idea and we just wanted as many people to get in on it um in the shortest amount of time so we started in india we had several successful campaigns with some of the biggest companies and our first campaign in the us is actually what led us towards evolve um it came to like you mentioned it was a campaign um for a campaign to help migrants at the border and it it came to a point where companies weren't willing to partner with us nonprofits were like hiding the fact that they were trying to help these people simply because of the the news being extremely sensationalized um there were articles about them being like murderers rappers opportunists shouldn't be led into the country and because of that it just became like a political cause that people didn't want to align with because they didn't want to like piss off their customers or their donors so that's when we decided uh i mean we didn't really have much going on at that point so we're like okay what do we have to lose so we literally just like cold emailed a bunch of celebrities and said hey you know there's a lot of disinformation floating around can you help us by spreading the word on instagram uh we just thought that was a very easy way for us to get the word out to millions of people and obviously when a celebrity says something it has more power than you know a random social media profile saying something so um luckily for us kerry washington alana glazer propogarum they all posted for us and suddenly people the dialogue changed donations started rolling in and that's when we kind of like um took a step back and you know saw that instead of fighting like the the after effects we might as well fight the root cause of actually informing people in the shortest easiest way and just giving them the facts so then they can decide what they what they think about it you know so that's how um valve came from benefactory now when you guys you just say you know you kind of are saying okay we got going it was a difficult road to host so to speak in the sense it was they're polarizing and people may or may not want to be involved in their you know concerned about public outlook and whatnot so they're saying hey you know it's difficult to get people on board you reach out to the celebrities or the influences or whatnot and then as you're now shifting towards you know kind of the short uh news and you know in or information and and providing you know better information in a short form was that a kind of a cognitive choice of hey you know the helping immigrants and the borders directly isn't going to be a viable business so we're going to pivot over here with a kind of a a decision that was made or was it more of just an evolution of that's where you guys kind of started to see where the impact was so naturally evolved kind of how did that take place yeah i think it was just sort of an evolution of how to transition we didn't really make that decision like oh we're not going to do benefactory and we're going to completely pivot to vault we actually continued a lot of campaigns up until last year we were doing like the black lives matter campaign as well so it was sort of like we were like okay benefactory something that we can keep doing but we also see this different issue that we definitely know there's this niche in this market that we can definitely make a dent in and that was just like giving you know gen z and millennials unbiased news um we also knew that giving them news unbiased use was not going to be enough we knew that we had to really appeal to what they were used to and that is you know social media ui or like understanding a topic in the screenshot and that's when you're like okay you got to create an app for this because it's not going to be you know so straightforward i was just giving them unbiased news so it was kind of kind of like an evolution uh and we were like doing benefactory like side by side i would say and then you know when you run a news company you're kind of doing it 24 7 and it's not something that you really understand what's going to happen like it kind of took over our lives we had like uh the covet pandemic last year we had black lives matter we had a lot of we had the presidential elections we had a lot of new cycles and that was just so overwhelming for us that we kind of had to take like keep benefactory on the side for a bit uh because you know we're just like a small team at this point so it was a lot going on so no it definitely makes sense and sounds like okay you know natural evolution here's where we're gaining traction here's where we're not we'll put the focus on the place where we can have the biggest impact and you're gaining the most traction so now you can shift it to that model you know there's there's you know it makes sense where you know people are wanting short news clips direct information not you know filtering out some of the noise on the other hand there's also an industry where there's you know several major minor news providers there's you know online everything from online websites to television to cable news to you know other or news or printed news and everything else so as you're looking at that landscape how has it gone you know is it been able to carve out that niche has it been successful and people are finding it interesting or is it more of a still difficult road to hoe because there's a lot of other people you know competing in the industry kind of how's that going for you guys so i think we had a very different approach to the news in general i mean obviously when it comes to newspapers our generation does not read that our generation does not look at cable tv so it really does boil down to social media and newsletters and if you think of the average age or the average median age you're um for normal you know media incumbents at the moment it's about like 60 60 years old and that's way too high it's not even touching our demographic so it just came to a point where it's it's almost like shannon and i like looked at news newsletters and it's kind of old school right they're going backwards in time by having to wait for five stories until the next day when our generation is so fast-paced that you don't want to wait for a cab you literally hit a button cap shows up so it's just when it comes to information like there's no point waiting until the next day especially when like markets move with one tweet you know elon musk tweets and next thing you know your bitcoin investment is gone so it's it just had to be in real time it had to be short form and i think because of our format it just appealed to our generation so much because while every median company is you know trying to like tap into this demographic and struggling to tap into this demographic our user base already makes up about eighty percent of gen z and millennials so we already know that we're doing something right and we also realize that we're actually expanding the market in a way because a lot of people who actually stopped reading the news in 2020 have turned into news readers again with valve and even gen z who's never read the news a lot of them always like their first news experience so we are seeing a little change in consumer behavior in a sense and we're also trying to like allow people to discover new articles and discover new categories that they're not exactly used to like crypto was not really much of a thing like that like last year but now every like fifth article on the app is almost crypto you know so it's just that so many people are like learning new things and it's just opening more doors to like them to learn and evolve in a way no and i think that definitely makes sense and it's appealing to a different audience and to one that is more online and and then once the information and wants it up to date now one question i would you know i'm sure people would have is you know how do you you know one of the difficulties in new in the traditional or conventional news you know media is that you can only have so many people you can only have so many investigators you can only have so many people writing articles so do you guys kind of write the articles yourself get the information and you're curating what's already out there kind of how do you keep it up to date as you guys are kind of filling that niche or approaching in a different way yeah so we have an in-house team of writers currently and what we do is like we have a dashboard that kind of alerts us in terms of like what's trending what's important um we also have like our team like really going through social media and seeing what the latest trends are and that really helps us be on top of news and that differentiates us from like other news apps like washington post or you know fox news because we're not only reporting on like you know major political updates we're also reporting on like you know the latest trends or like meme stocks that are you know in the news and we're really on it so uh we have a team that's constantly curating looking out for what's happening and we're also expanding you know because we do realize that we gotta scale our content diversify the content so we are you know opening up our platform to writers you know creators like newsletter writers mainly to sort of like have their own publication involved and kind of you know take advantage of the format that we have created the platform that we have created as long as as as well as the users on our app right um we want them to like sort of like build a following and you know that we you know we get to like increase the number of like articles on the app and we actually have people writing you know content in real time in different categories and it's really helpful because like we have like gen z uh you know voices writing about gen z trends uh we have uh you know meme stock analysts like like looking at reddit like sub groups subreddits and they're telling us like what's the latest you know meme stock that's gonna trend so we're kind of on the pulse over there um and so that's really something that we just sort of like expanded into the past two months and it's really made a huge difference um a lot of our users are giving us feedback that you know the content improved like the you know the entire notification system is different so we've kind of found that good middle ground right there oh cool no it sounds like you guys have certainly found a good knit or a good niche that uh is one that's a bit has previously been unfilled and then figured out a good way to curate and aggregate all that information as well as create it yourself so that sounds like definitely an exciting place to be one you know so now that we've kind of caught up to where you guys are kind of at now and the journey has taken you here looking kind of forward in the next six to 12 months can where do you guys see see things headed what's the plans and you know what uh what do you think will uh will happen there for your business over that time so as of now we're really focusing on product um and we just got done with snapchat's accelerator yellow and now we're like just heading into our seed round so our fundraising at the moment which pretty much takes out all of our time but uh our plan our next step is literally just grow the app and really build that entire creative model because there is a huge group of people out there who have brilliant insight a lot of young writers who are not necessarily like you know the entertainers and performers for a tick tock but at the same time every second person has a newsletter so it's just to make sure that there's like a little like shift in consumer behavior in a way that people see that real-time news is what it's matter what matters and allowing us to have as many writers and as many voices on the app we're really focusing on the younger generation and um also making the app more you know tailored to you because the app is going to be only as interesting as the content on it for you so ultimately our goal is like your feed is going to look very different from my feed and it's you know it's just going to be yeah it's just going to be very very tailored something that newsletters or even like news apps can't offer in a way well it sounds like a lot of exciting uh things uh to come in the future and a lot of good a great potential that sounds that sounds awesome so well now as we've kind of gone through even a little bit of where your journey's headed i always uh or we've kind of reached that point in the the podcast where i always ask two questions in the end of each podcast so we'll jump to those now so the first question i always ask is along your journey what was the worst business decision you ever made and what'd you learn from it okay so i'll take that question uh worst business decision has to be that we thought that our ideas were everything and we were so protective while we started evolved that we didn't kind of promote it initially and i think that's like the number one thing any investor or founder currently will tell you like never do that because your idea is like only one percent and execution is like 99 um we were first-time founders so we were just like okay we can't tell anyone and so we kind of like missed out on that opportunity of like building a strong user base in that community that a lot of you know silicon valley they'll be like you gotta get that community on twitter right now uh versus doing that post launch and we were off that opinion of doing that later so i would definitely say that and just like being too bogged down by details like we were so consumed with like the logo and the name and like the tagline and be obsessed over those things and i think it's really down to like a personal personality traitor priyanka and i we are like perfectionists so we kind of always wanted control over everything and now looking back like our app is completely different like our taglines change like after like user feedback all the time um i wish we just knew that like you know it's better to just like hit the ground running instead of like being you know bogged down by tiny detail that you know that's going to change later on so those are definitely mistakes that i know we would definitely not do again uh if we had a chance to do it over no and i think you know that you know there's a coupling to hit on one is you know execution is always what people are looking at i think you know i work in certainly an intellectual property where people always come and say hey have a great idea i want to protect it and then even if we get it helping get a patent the next question is now what do i do with that or how do i build a business and there's always you know ideas are that i think to a large extent sometimes the easier part and the harder part is actually actually keeping on those ideas and actually building a business and a successful business around it and i also think the other lesson that you guys hit on which is definitely a good takeaway is also you know there's a lot of details that you can get bogged down on and wanting to be perfectionist and have it just how you think it should be and sometimes that can bog down the business because that last five percent is going to take you so much amount of time that you're 95 of the way there is probably sufficient for everybody and it's going to be a good or a good first step to get everything launched so i think those are definitely mistakes a lot of startups and small businesses make and great ones to learn from second question i always ask is if you're talking to somebody that's just getting to a startup or a small business what'd be the one piece of advice you'd give them um this is again stemming similarly to what shannon touched upon um it would just be not to wait until you have a ready product to start building your community and start marketing your product if you have an idea and you know you're gonna go after it like create a landing page create a newsletter create any kind of like social media page twitter instagram whatever you want and just start talking to talking to people about it get them to start talking to you because their feedback is everything like you will figure out their pain points you'll figure out their opinions even before your product is ready you can already start implementing it and it'll also help you to you know market your product better because you know that the terminology they use you know exactly like what their pain points are so that once you have your product ready you automatically have an email list that you can like you know send a blast to you can already like start talking to your community and say like hey my product is ready and obviously hit the ground running instead of starting from zero like we started from zero and that was terrible no and i think that that you know that's one thing i've learned as well and watching you know a lot of other successful businesses taking the tact of you know i i you know if i build it they will come kind of a thing push you to disadvantage for when you go to launch and if you will build that community build that following get that you know get people that are interested as you're building it as you're going along both to get the feedback and so you can make it better and address address the market but also to be able to have a base from which as you're getting ready as you're actually launching it you already have people that are willing to be users and and promote it and share it makes it much easier so i think building that along the way is definitely a great piece of advice well as we wrap up if people want to reach out to you guys they want to be a customer they want to be a client they want to be an employee they want to be an investor they want to be your next best friend any or all of the above what's the best way to reach out to you contact you or find out more you can email us at connect media.com uh you can slide in our dms on twitter on instagram we are always talking to everyone and our handle is um get balls on both platforms all right definitely i'll go ahead so you can just check out even it's free it's on android and and on ios and uh yeah if you want to know more about us just go to our website wolfmedia.com all right well i encourage everybody to check out all the different ways to connect up with you guys it sounds like a great app as well as a great business so well thank you again for coming on the podcast it's been a fun it's been a pleasure now for all of you that are listeners if you have your own journey to tell and you'd like to be a guest on the the podcast certainly feel free to go to inventedguest.com and apply to be on the show two more things as listeners one make sure to click subscribe in your podcast please you know when all of our awesome episodes come out and two leave us a review so other people can find out about all of our awesome episodes last but not least if you ever need help with patents trademarks or anything else in your business feel free to reach out to us just go to strategymeeting.com grab some time with us to check our chat well thank you again uh for coming on the podcast and uh wish the next leg of your journey even better than the last thank you thank you [Music]

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Just Try

Just Try

Ingor Van Rooi

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
8/16/2021

 

Just Try

The piece of advice that I would give is, start. You have no idea what beauty lies beyond that first step. A lot of us are afraid to try. We are afraid of failing. We are afraid of a lot of things that could go wrong, but what if it goes right?

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 piece of advice i'll give you is just start you you you actually you have no idea what beauty lies beyond that first thing a lot of us are afraid to just try you know we're afraid of failing we're afraid um we're afraid of a lot of things that it could go wrong right but what if it grows right [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups in the seven and eight figure businesses as well as a founder and ceo of miller iplock where we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com grab some time to chat now today we have another great guest on the podcast and i am worried i'm going to mess up her dave so while i'll still give the introduction why don't you tell us your name so i don't slaughter it my name is inger fun roy all right inga inga is that right sure yes i looked at him like is it inga ingor and i'm like i'm gonna mess it up so as a quick introduction to inga so um was originally from south africa um has degrees in um in informational systems and i think industrial sociology after college didn't use the degrees and instead went to become an executive assistant for about 20 years and then in 2018 um lost job due to uh corporate restructuring and wanted to be an entrepreneur but had been afraid to take the leap for a while or both of her parents have been in corporate jobs for their careers but after losing the job decided would take the lead but try it out and would do it and then but then instead of doing or actually taking the leap decided to do some temporary roles and temp jobs and whatnot but then in 2020 and due to covet um lost that or lost those jobs or those started to dry out so with all of that decided to um take the more of the leap of doing the entrepreneurial journey and starting that out and i've been doing it since then so um she'll give a bit more detail so with that is much his introduction welcome on the podcast thank you so much and thank you for having me devon absolutely so i gave the quick a quick run through 30 second overview but maybe dive a bit in deeper and take us back in time to going up in south africa getting your degrees and how your journey started from there okay um like david said i'm originally from south africa i i was born in cape town uh raised in two different cities and um yeah i i just you know i went to school for it and and sociology but my career found me i was just drawn to um to become an executive system because i love people and i love helping them flourish mostly in the background and yeah so i became an executive assistant i was doing that for almost 20 years um combined you know in south africa as well as yeah and yeah before you before you dive too much into over that because that's a long 20 years so first of all he got the you know they got the degrees informational systems and i think industrial sociology is that right yes that's right now what made you after college so you got those degrees what made you decide to go into executive being an executive assistants instead of using the degrees that you've gotten um i think it was just it was my comfort zone because i was um while i was studying i actually worked at the university as well initially as a tutor for information systems but then i became i became an admin assistant at the faculty of education and it was just really um i enjoyed the work i enjoyed the interaction with people and i enjoyed that you know it what no day was the same so that's what that's really what drew me to it and i think just also because it was it became my comfort zone it was what i was comfortable with right okay makes sense so so now you do that and you do that for i think about the period of over 20 years so that's quite a long time doing executive assistant and now i think when we chatted before and as i mentioned 2018 came along and there was some corporate restructuring so at that point i think as we chat about before you kind of looked at entrepreneurship but didn't quite make the leap so kind of how did that go from 2018 and where did your journey go from there i i was wanting to become an entrepreneur even before 2018 and then you know i lost my job but i decided to make the most of the time that i had as well um and you know and i think also i was just i was afraid of failing um but you know so i ended up looking for work and you know trying to find my next permanent work and um but i didn't find anything there wasn't there wasn't too there wasn't anything that was up to my standards should i say and so i ended up doing a lot of temp assignments um up until the pandemic hit in 2020. okay so backhand just 2018 so you're saying okay lost the job maybe i'll do entrepreneur stuff but didn't quite work out you decided to take temp rolls and that worked for a couple years and then kind of if i were to reiterate maybe covet came along in 2020 and the temp rolls started to dry up or they weren't as available and so as you're dealing with that and i think we also chatted a bit before your kids are now going to virtual school so you're dealing with virtual school temp rolls are drying up so kind of how did your how did you decide on what you're going to do from entrepreneur for there was a kind of hey it's out of necessity or hey this is the perfect time or this is the time that i'm going to do it or i don't know anything else so kind of how did you finally decide to take that leap um it was actually a conversation that that brought that on i had a a friend of mine checked in with me and she was asking you know um what i was doing at the time um with regards to work um i told her that i wanted to to take a step into entrepreneurship however i was afraid of failing and so um she she actually said well um even if you're afraid why don't you try and you can always go back to the corporate world and it was as if i had it was a mind-blowing moment really because i had never thought about it like that you know we are raised almost to believe that failure is ultimate and if you fail at something you can't pick yourself up and and try again you know yet when we're babies we do that all the time and young kids we we fall we get up we fall again we get up again but as adults we learn to fear failure and because of that i was afraid of failing as well right um but yeah she she she reminded me that basically if i fail i could try something else it wasn't the end of it wouldn't be the end of the world so now you get that kind of that motivation or you know inspiration or guidance or whatever you want to call it said okay true enough if i try it and i failed no worse off i can always go back to temp jobs or executive assistance or go do something else but if i succeed you know then i can do or chase after something i want to do so with that is mine you know how did you decide what kind of entrepreneurial job you're gonna do and how did it go well um you know as i said before i have been an executive assistant for almost 20 years so at that point i had built up that skill set and so it was just a matter of me taking my skills my existing skill set and basically reinventing myself using those skills which is what i did and that which is why i ended up now establishing my own executive assistant consulting firm so now you start the consulting firm you know you're saying okay i've got the consulting firm i've done administrative be an administrative assistant i'll start you know kind of start the entrepreneurial journey or entrepreneurial startup based on what i know i think you started that about a year ago and i think when you talked about it for july of 2020 how's it going since then it's been a rocket ship to the top and you've loved it has it been ups and downs has it been all down or how's it going for you well um for me it's been you know a matter of really working towards adjusting my mindset because even though i started my own entrepreneurial um journey i still had that um the the worker or the corporate mindset right so in in the end i i started working with my own with um you know through my company with one client and i just worked and worked and worked all the time and then i realized but you know what like i should actually be scaling up my business it shouldn't just be yeah i have a client and i'm working for them and that's the end of that so i've now you know i i've evolved from where i started to now where i'm i'm serving different clients i actually have grown my team as well um so i have people that i'm working with in order to service my clients i also have i also coach people as well um i i didn't do that initially but now i'm coaching people to be able to take the leap and jump off the corporate hamster wheel and do what i did by establishing my own business so um it's been quite a journey um and i think every day is different and every day ahead will be different to what i actually envision um that's just the the nature of the beast i guess no i think that's you know it's exciting it's fun to get there get going sounds like you know as with all journeys it's you know has that ups and downs but it's been a great experience now kind of now looking a bit into the future so you know started about a year ago got it up and going looking to how to scale how you can there do you know bring on other people and do the additional services what is the future you know you're looking at now the next six to 12 months ken what does that look like for you um what that looks like for me is i'm i'm i actually have quite a few projects on the go i just established my own youtube channel so i'm i'm looking to focus on that and grow that and hopefully become like you and i have a podcast um and i'm also you know i'm i'm writing i'm writing a few books as well um just you know as some are passion projects and one is actually my memoir which will become um [Music] something that i can use when you know is to establish myself as a thought leader um i speak mostly about you know stepping outside of your comfort zone and this is what my memoir is gonna be my life story and basically how i stepped out of my comfort zone um and i'm also looking to have to build out a course or two um to teach people firstly you know how to leave the corporate world and establish your own entrepreneurial um journey and also looking to um coach people in terms of how to you how to leverage social media and um and what that looks like for entrepreneurs as well well it sounds like a lot of fun a lot of fun things ahead of you and a lot a lot uh a lot of things to come so that's they're super certainly exciting so well now as we've kind of gone through a bit of your journey you know where you started all the way up to today and even looking a bit in the future good time we'll jump to the two questions i always ask at the end of each uh podcast which the first question i always ask is along your entrepreneurial journey what was the worst business decision you ever made and what'd you learn from it the worst business decision that i've ever made was actually to procrastinate putting things off instead of jumping right in and failing forward you know we always we tend to want to perfect everything but at the end of the day you're never going nothing is ever going to be perfect and you're never going to know exactly what to do so it's best to just dive right in there and figure it out along the way i i think that i absolutely agree with that and i think that you know that's a very large touism for a lot of entrepreneurs you know i talk or talk to time podcast work with the ton of the business i think that's the number one thing that almost everybody hits on is hey you know i whether it's procrastination i wish i started earlier i wish i had you know dived in i wish i hadn't had fear or anything of that always that after you dive in and get going it's always that i'm glad i did it i wish i'd done it earlier type of a thing so definitely agree with that so now with the the second point uh our second question always asked which is if you're talking to someone that's just getting into a startup or a small business would be the one piece of advice you'd give them the one piece of advice i would give you is just start you you you actually you have no idea what beauty lies beyond that first day a lot of us are afraid to just try you know we're afraid of failing we're afraid um we're afraid of a lot of things that it could go wrong right but what if it goes right hey and i definitely agree and i think that i think that's a great piece of advice well before we wrap up um just as a quick uh or heads up to the listeners we do have the bonus question we're going to talk a little bit about intellectual property so if that's of interest to you definitely make sure to stay tuned after we wrap up but before or otherwise if people want to reach out to you they want to hire you they want to be a client they want to be a customer they want to be an employee they want to be an investor they want to be your best friend next best friend any or all of the above what's the best way to reach out to you contact you find out more the best way would be either through my website at we got this admin.com which is a double t or you can reach out to me on linkedin um and just with my name exactly the way it is all right well i definitely encourage people to reach out contact you and uh and uh use your services if they can now for thing and thank you for coming on the podcast now for all of you the listeners if you have your own journey to tell and you'd like to be a guest on the podcast we'd love to have you just feel free to go to inventiveguest.com apply to be on the show two more things as listeners one make sure to click subscribe in the podcast players so you know when all of our awesome episodes come out and to leave us a review so other people can find out about all of our awesome episodes last but not least do you ever need help with patents trademarks or anything else just go to strategymeeting.com grab some time with us to chat so now as we've wrapped up the you know the normal or the tip or the normal part of the episode where we talk about your journey now it's always fun to shift gears just a little bit and talk about a topic that i always you know near and dear to my heart probably a little bit biased on which is intellectual property and patents and trademarks and whatnot so with that i'll turn it over you to ask your top intellectual property question um you know a lot of people when they hear the name of my business they say oh have you have you trademarked that and i have no idea where to start so i thought this is the perfect opportunity for me to ask you since this is your um comfort zone right so um where do i start what do you think yeah so and just as a reminder name of the company is we got this admin right so that's the one that everybody and it's a catchy name and so i definitely get that and you've already secured the url so you're good on that front you know as far as trademarking it there's i'll answer the question more generally and then give you a little bit of specific advice but the things you're always looking at when you're looking at any trademark is one is anybody else ever already using this in other words is it already out there is somebody already using it before you had it if so then you're going to have problems in the sense that they're the first user especially if they register the trademark then you would actually be infringing there so the first thing you do is kind of do a bit of due diligence go online google searches see if there's anybody else that's your thing or wherever that's using it and if you want to get a little bit more professional and aggressive you can also have an attorney do what's called a trademark search and they'll go out they'll see what others are registered and when you're looking at you know what others have you're looking bothers anybody have the exact same thing you have or anything that's kind of what's called confusingly similar in other words some way to look at something it's not exactly the same you know maybe it's you got this admin instead of we got this admin well would people think that those are two different companies or they'd be confused because they think it's the same company and if there's that kind of that likelihood that somebody's gonna can be confused as to who's offering the services which company they're hiring then you have that potential problem so kind of with all of that first thing is to do a bit of due diligence after you do the due diligence then as you're saying okay let's say you come back and say okay it looks like there is anybody using it i've got a reasonable path forward then you're going to ask a question i guess even before you or after you do the due diligence even before you hire attorneys you say okay is this trademark worth the value in other words is something i want to protect is it a valuable thing to the company if the answer is you're saying no it's really more of my relationships or we have really good marketing or you know if somebody else were to use the same name it wouldn't matter because they wouldn't have the same success then you're probably gonna say it's not worth it to get a trademark because it's not going to be valuable if somebody else were to copy it and you say well not a big deal then it's not you can move forward on the other hand if you're saying hey if somebody else would come along they started using the same or very similar name to our company that's going to hurt our you know hurt our client development people are getting confused it's going to you know diminish our ability to get customers or convert them and those type of things then you're going to say it may be worthwhile to get a trademark and in that sense that you're saying it's worthwhile to get a trademark and you've done your due diligence and it's a very time to reach out to an attorney have them help you to kind of walk through the process of what information you'll need how to get that fire how to get that pulled together and how to get it filed so that's a very quick overview but any other questions or follow-ups to that um no i'm good thank you very much all right well if you or any of the listeners ever have any other questions or any follow-ups feel free to go to strategymeeting.com grab some time with us to chat free or we have free sessions where we can chat a little bit more about your business specifically otherwise thank you again for coming on the podcast it was a fun it was a pleasure and wish the next leg of your journey even better than the last thank you so much steven and thank you for having me

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Get Everything In Order Right away

Get Everything In Order right away

Caleb Roche

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
8/13/2021

 

Get Everything In Order Right Away

Definitely get everything in order right away. It kind of falls back on the worst business decision I made. Getting everything set up to where you have contracts that are in place. And you have a legal framework you can work off of to give you accountability. Then also give your clients accountability. The thing I wished I had done a little bit differently was I viewed my business in the very beginning as I needed to be a cheap as possible. And just kind of survive. Where I wish I had been I am going to invest all my resources into creating a great contract, getting invoicing set up to where it's reoccurring. Clients can save credit cards. Different processes that I did not do just because I did not want to spend the money that now I am having to spend the money and wish I had done it before.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

Get New Episodes

Get 2 brand-new podcast episodes sent to you every week!

ai generated transcription

 definitely get everything in order right away and like it kind of falls back on the worst business decision i made um getting everything set up to where you have contracts set in place and you kind of have like a legal framework that you can work off of to give you accountability but then also give your clients accountability and so don't the thing that i i wish i had done a little bit differently was i viewed my business in the very beginning because i didn't make a bunch of money in the beginning as i need to be as cheap as possible and really just kind of survive where i wish i had been i'm going to invest all my resources into creating a great contract getting invoicing set up to where it's reoccurring clients can save credit cards different processes that i didn't do just because i didn't want to spend the money that now i'm happy to spend the money and wish i'd done it before [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups and seven and eight figure businesses as well as the founder and ceo of miller ip law where he helped start us in small businesses with our patents with trademarks if you ever need help with yours just go to strategymeeting.com we're always here to help now today we have another great guest on the podcast caleb roche and to give you a quick introduction to caleb um so he was uh homeschoo or homeschooled and and his uh in his uh words was a weird nerdy kid but uh graduated from college at 19 with the bachelor's in marketing and went into marketing or went into marketing but i'd always kind of had dreams or aspirations of being a lawyer and actually worked with an attorney that did some work on the oklahoma city bombing while he was doing that found out he hated the law so uh finished up with the marketing um al also i thinking during that period of time did a little bit of studies overseas in europe um graduated got in or got a job offer with the inspire brand um also was doing a side hustle while working there and then part of his uh part of his responsibilities was marketing was doing taste testing and research for restaurants which sounds like a fun time um and then during kova started working from home found that he liked working from home and wanted to turn his side hustle into a full-time gig and uh that started making more money finished up in nba as well and also this uh started in the world of smaller small businesses so but that much is a quick introduction welcome on the podcast jake uh caleb thanks devin appreciate the uh the great introduction absolutely so i just gave the 30-second run-through of a much longer journey so maybe uh take us back a bit back in time to starting out being homeschooled and how your journey started from there yeah so as as you well put i was an already uh homeschooled kid that uh you know not a lot of people wanted to talk to but uh i've become a little bit more social so that's been a good thing uh so i started when i was homeschooled i i was able to take concurrent classes and so um i was able to actually graduate like you said college a little early um and so i went to college and as you said i really wanted to be a lawyer and so um my sister-in-law was an attorney i had a couple other attorney friends and the one thing they said would be really good for my resume would be studying abroad and so i actually studied abroad in manchester england in hopes that it would help my resume for law school and it actually turned out to be a great experience just in general and obviously i'm not a lawyer so uh i assume it's probably not gonna help my resume for law school since i won't be applying uh but those were great experiences and so um i always thought i wanted to get into law and i worked for a criminal law defense attorney and just realized it probably wasn't for me all the researching that you you probably have to do every day i don't know if i can do it um and so i transitioned into marketing and went to college for it kind of did on the side and um really enjoyed kind of working with small businesses when i was in college and obviously i didn't make very much money because i was just starting out so i kind of felt like i couldn't charge them a bunch of money and so that was always a struggle as i was in college was how do i monetize this and actually make this a career um you can't it's not like law where i can go in and start charging hourly rates just based on my education and so um college was a great opportunity for me to go in and kind of start building my client base now let me just dive in and one question on that so you you know you went in thinking you were going to be an attorney what was it and i know plenty of attorneys you know it's interesting because you know i went and i've done the i ended up getting four degrees and one of them was a law degree in other words an mba so i kind of did a few different routes but you know i know plenty of attorneys that go all the way through law school get out of law school and decide hey i don't want to be an attorney or this isn't what i thought it'd be it's not always you know fun exciting where as it is on tv where you know you have a court case the next day you're in court and by the end of the week you've won the case and every you know it's not quite that way but for you what was the thing that kind of drove you to say okay maybe law isn't what i'm excited about and you know what isn't what i want to do and what kind of when you made that determination what kind of drove me towards marketing well so um yeah it was it was kind of a uh probably a two-year decision that i had so um i when i started it was great because i kind of got to see the the fun parts of the wall get to go to like you said cases and go to uh trials and actually see the fun part where you're actually arguing in front of people um and so that had been my initial exposure and then um when i moved down to oklahoma city i was working with um a oil and gas litigation firm and that's a lot of paperwork it was a great opportunity but i realized that there was a lot of paperwork to that and so as i started kind of networking in the attorney community um i met some really great people that i kind of viewed as mentors and so i would try to take them to coffee and just kind of take their brain on you know what are the favorite things about your job what did you hate did you you know are you glad you went to law school are you glad you went into walk like debt for law you know all these types of things and so um i'm a very rich i was i've kind of grown away from it but i was very risk adverse at the time and so i kind of had i started to put the money towards you know if i go to law school go into x amount of debt um can i actually pay this off in a reasonable amount of time and it seems like unless you're really good at managing both a family if you have a family and kind of managing that relationship and the business side of law it seems pretty tough unless you can be kind of a self-starter and so as i'm going through my degree and kind of learning these marketing classes and diving into kind of more of the consumer behavior piece because you know college you start off english 101 calculus you you kind of hate it and you're like why am i in college and then the more you dive in and i don't know if you feel this with law but the more you dive in and kind of see the the different aspects of it you kind of get like oh this is kind of cool you know the consumer behavior it's not just you know putting out an ad it's it's looking at how the consumers react to this and so kind of a combination of holy cow that's a lot of money to go into debt for and you know it seems like it depends on who you talk to but it seems like the career field is kind of getting a little bit harder to get into as it progresses and so i kind of weighed that with i kind of want to have a good family life i don't want to work 100 hours and here i am start with a small business probably working the same amount as a lawyer making way less probably than a lawyer too so i don't know if it was a wise decision but you know that's kind of what brought me to it no definitely makes sense and you know there is a lot that goes into lawyer and you know if you're great at it you can pay off the loans great and depending on the type of law you know it's interesting i think everybody has the idea that lawyers just make tons of money and some of them do and some of them you know if you're depending on the type of law you can make a fairly small amount you're in to death for quite a long time so i think that you know having that all that balance of do i want to do a lot of paperwork is it going to be worth the investment do i really like it and all that definitely makes sense as to why you pivoted to marketing so you do marketing for while you're in school you know you start to kind of get an understanding of it build up a little bit of client base and you graduate and then you wouldn't work for uh one or for a different business right or for a marketing business yeah so what really got me going was um i think was january the first friday of january i was working for a small business and they came to me and um basically let me go on the spot um and so here i am me and my wife had just gotten married we had just bought our first house not even graduated from college and obviously we had some savings set up but we're not you know 50 year old millionaires and so um my wife looks at me and it's like all right what are we gonna do and so um that was the point of when i actually started kind of viewing it as a business and so for for four months until i graduated i knew i couldn't make really any money um working for business until i got the official degree because that's what companies want and so i kind of we kind of limped along with my with my business that i thought was really successful at the time which wasn't um and so i got connected with one of my professors uh my last semester of school and um christine mccluskey is her name she she was a market research she's over the market research of sonic drive-in and she came and spoke to the class and um i ended up getting connected with her after she came and visited and went in for a job interview and actually got um a job working for sonic drive-in in their product research department or consumer insights department um which led to they they eventually got that out around the time that i i joined they were getting bought out by inspire brand so then my job basically moved over from sonic to inspire helping all like all the other brands kind of build consumer validation um which was a really great experience because i got to like we talked about earlier like we learning the um the big budget side of things with the corporation there's there's a lot to it that small businesses don't see and so it was great exposure for me to get to see all the the different agencies that play as they're kind of working together to build products and kind of the the in-depth research that goes into products before they actually get launched that was so incredible now just as a little bit of an aside was it you know was it as fun to taste test all the new products as it sounds because that just sounds like you know fun that you got to hear all the crazy creations they come up with and all the different ways they're doing it was that fun and exciting or is it over glamorized kind of like being an attorney you know it it was a little bit of both so a lot of what we did we got to taste the product before it went on to taste test but what's funny is everyone when i say taste testing they thought it was just me sitting in front of a you know eating a burger with a double cheeseburger you know with this and giving my opinion but the cool part was you know we would go into different markets and work with vendors to actually like have consumers that we picked um test the product and so while we got to eat the product we actually got to program surveys and kind of see what they thought and use different different ways to kind of understand how they felt about a product and so you know that was the fun part about seeing and kind of felt cool because you're in front of this one made one-way mirror so you can watch them eat while while they're filling up the computer and you kind of feel like a private investigator i guess or i don't know what you would feel like uh but then the other part is i probably gained about 20 pounds because we were eating and we have such good products because it's handmade by chefs not just at you know the location so the quality is just so much better that you just can't say no and so by the end of my my tenure i um my face kind of blew out a little bit and definitely had to hit the gym after i kind of stopped working there so um it was a little bit of both a little it was pretty awesome but at the same time it was um it kind of got tiring at times makes sense on all fronts so so now you're doing that and it sounds like you know you're enjoying the job you know give some fulfillment you get to have some fun experiences now how did the kind of starting the the side hustle you know what what prompted that and how did that turn into a full-time hustle so it was kind of a mixture from the the transition from working full-time to a side hustle like from the side hustle full-time was you know me and my wife had been married for maybe eight months at the time and we ended up finding we were prep finding out we were pregnant and so um over the course of kind of right before coveted last year i guess that's almost two years ago um two years ago um in the winter i started kind of pushing hard into my job and so it ended up being a lot of travel um and at that same point my wife and i had just had our first son and so trying to balance you know traveling leaving the airport at 6 a.m going to somewhere getting to a hotel and then at the same time trying to grow my business so i'm up until midnight 2 a.m kind of building strategic plans catching up on emails kind of it was very overwhelming um and then by the time i get home my wife is exhausted because she's been with a baby all day so i you know i'm not going to use the excuse of oh i was working because you know being a mom or taking care of a kid is a lot harder than work um in my opinion sometimes and so um i want i really wanted to be a good father but at the same time it was so hard because i was always gone and so that's where i kind of had this i want to call it like a light bulb moment because i always wanted to grow my business into a full-time thing but i guess it kind of expedited my time frame of i don't like this life i want something different and so that's when i kind of um with covid between the time of the winter of before covet and during covid i kind of had this new inspiration of okay i've got to turn this into a real business i've got to get everything structured the right way and actually create pricing that i've i've gotten a little bit of experience kind of building referrals and so now i can kind of take this serious and so during covid when we got locked down and i worked from home for a year um it allowed me a lot more flexibility after work and before work that i could wake up and i'm not driving now i'm not flying and so i have a lot more time to really grow my business outside of the normal business hours that i had to that i could really build my client base while dedicating all the time i needed to for my full-time job and then december of 2020 i came to my wife and said all right we've made more than i've made on my salary i'm ready to go and so we kind of set a benchmark of hey let's do a couple more months of this and if that happens let's get my two weeks and let's go full time and that's when i really knew that i could turn this into a real business and not just like a side hustle so yeah i think that's definitely interesting now backing up just a little bit just because i had a couple questions you know how did was it when you originally started the side hustle was it because you're working from home or you or was it more of hey i always wanted to do this or how did you kind of get you know what prompted the side hustle initially to get as you were getting going i've always had an entrepreneur mindset i've always thought i wanted to get into real estate real estate investing all the different things that you would think of to be an entrepreneur and so um from the very beginning when i was a young kid i've always wanted to own my own business and so no matter if i was working for a corporation i always knew that i did not want to work for someone my whole life and so it was kind of a an idea of my wife of hey what if you made you could make some extra money kind of get some good experience of kind of getting to work with business owners kind of build a network while you're young and then my initial plan was work for five to ten years get some really good experience and then jump on my own and obviously that was expedited but um you know it was kind of this this idea of i can kind of control my own schedule and kind of do things on my own without at a young age so i can kind of prepare my life and so that's that's what originally got me going was if i can start this now and kind of grow you know in the next five years when maybe people would be a longer life stage than maybe me at the time um i'd have a lot better life in the future for what i wanted no and i think that i think that problems a lot of people you know a lot of people have that hey i want to control my own destiny i want to do my own thing i want to be able to choose the hours now the ironic thing is half the time you get into your own business you end up working as many or a and more hours you know the old joke always goes you know the best thing about being an entrepreneur is you're going to choose the you know the 10 hours which 10 hours you work a day type of a thing so it's not that your hour's reduced but you do have a little bit more control but now as you dive into that you know you make the transition you start out decide hustle you work from home have a bit more time to work on it also start to make more money with it and you dive in you know as you've been now doing that building that for what a year year and a half now how has it gone has it been gratifying loved it great decision wish you could go back to the other business somewhere in between or how's it going for you oh i haven't looked back and don't ever want to look back ever again um so it's like you said it's that common phrase of i think it's the quote goes that um you work 80 hours a week just so you can avoid a nine to f working 40 hours for someone um so obviously i'm still working on the time time frame just because we've grown so much but it has been such a great transition it was very stressful in the beginning because i hadn't set up proper infrastructure for client billing and so i was kind of still working on that when i made the adjustment and i wish i had gotten that a little bit more under control because those first couple months you know you're waiting on a client to pay an invoice and you're like alright this is my mortgage payment i hope this comes through um but as i as we built cash and continued to build up our client load it became much more much more relaxed and allowed me to kind of invest more into my clients instead of invest instead of stressing on my own business and so it's been so gratifying we've we've actually grown we do a lot of obviously online advertising for ourselves um but a majority of our client acquisition has just been based off of referrals because we think referrals are such a great um way to do business because you already have the trust built up with someone and so if they're referring you to that person they have personal experiences and there's less selling that goes on which obviously as a small business you have to sell but one of the worst things that i hate doing is selling um i really love it but at the same time it's i hate feeling slimy or i never want to and so that that combination of how do i sell someone and make money but at the same time make sure it benefits them it's just a weird concept and so um we've really focused on customer experience and building out kind of great great great client experiences and so that way we can foster referrals and so we've gotten referrals from small businesses we've gotten a couple of big international clients which has been something that i would have never imagined in this first couple of years um and so it's been a great great experience there's a lot of learning as i'm probably sure you know with starting a business and your extensive experience there's always the days that you wake up and you wonder why you started it and then the next day you wake up and you say man i don't even know why i had that thought so uh absolutely there's plenty and sometimes it's within the same hour of the same day here oh this is great and i love it and then you get a client that calls you and gets mad at you and tells you all the things that you've done wrong and why why you should change all these things and it's a horrible day and then you wait till later and you say oh i still love it so there's there's kind of all those feelings so i definitely agree and get that so well now as we've kind of taken a bit to you know where you started all the way up to where you're at today great transition to talk or to go over the last or the two questions always asked at the end of each podcast we'll jump to those now so the first question i always ask is along your journey what was the worst business decision you ever made and what did you learn from it all right this is gonna be a good one so the the worst business decision that i made was being too lenient on client payments um so obviously when i first started and we started transitioning to a different model but when we first started i was barely charging anything for for business owners and so not only am i barely charging anything or getting any money um i really didn't have a set contract set up i mean i had contracts set up but i didn't follow them 100 on the payment side and so if a client you know small businesses it gets personal and so if you know someone's really financially struggling there's a lot that we put into our business that goes into our clients and so we have a lot we have overhead and so what i would do is oh you can't pay this month it's fine just pay whenever um and obviously you can't be too much of a stickler and not build client experiences but you have to get paid and so one of the worst business decisions that i made was letting clients get so like getting letting them get behind to where i'm not making any money and it's hurting my family um and not being fully upfront about that with those clients of hey you're struggling and i get it but now you're causing me to struggle because i'm i'm holding back all these payments and so it led for a world of hurt on my side of a lot of regret on man i wish i had done something different but obviously you can't go back um well i think that that's you know that's always on the one hand it's an easy mistake to make you know that's why i didn't didn't make that mistake you know but it was after watching other people make that mistake so it's kind of along those lines because i work for a firm that you know they would do they would split their payments half and half in other words you'd pay half to get going and then half when you get to file but it just created so much of a hassle that half time you get to the end and they don't want to file or they're having money problems and then you're trying to work it out and those collections and it was creating you know contentious relationship that when i started miller ip law just much more of hey we're just going to do flat fee you know it's going to be a reasonable price you paid up front we don't have to do collections we don't have to chase them it doesn't create that tension and you know if they don't want to do it definitely understand but it's always one of those i think to learn how to do billing and do it right because otherwise you get into that one you're having to chase a thing you're never knowing when you're going to get paid and then you're now it creates that tension in the relationship of it's no longer hey you're providing a service you're running people down to get paid and nobody likes or that experience so i definitely understand that mistake well it's one of those things you know it's it's really hard as you get started and i don't know if it's just because i started with maybe not as much experience as most people do but i had this this i guess feeling that i didn't feel like i was worth it maybe even though i wasn't charging that much and so it was that like i feel like i'm maybe not providing as big of a service if they can't make the money or and so there was a hard part of like understanding my worth and knowing that i'm providing them as much as i can for my service and i'm giving them as much dedication as possible and so it's kind of a mutual respect thing that i didn't understand it that way but that's how i kind of learned it recently is it's kind of a respect thing they're agreeing to terms you're not trying to trap people and if you're doing it the right way it really shouldn't be a problem and so that's kind of how i've i've reframed the way that i think about these things on obviously i'm charging these people but they're getting a service by me and so they should be paying on time absolutely but it's always one that you have to learn because you're like oh if i do a great job people just want to pay me and they'll be successful and sometimes other times you have to say nope i have to treat it like a business and if i'm not making money i can't provide the service for those that can pay and so it is one where you have to make that line in the sand so i definitely get it so now going to the second question if you're talking to somebody that's just getting into a startup or a small business would be the one piece of advice you'd give them definitely get everything in order right away and like it kind of falls back on the worst business decision i made um getting everything set up to where you have contracts set in place and you kind of have like a legal framework that you can work off of to give you accountability but then also give your clients accountability and so don't the thing that i i wish i had done a little bit differently was i viewed my business in the very beginning because i didn't make a bunch of money in the beginning as i need to be as cheap as possible and really just kind of survive where i wish i had been i'm going to invest all my resources into creating a great contract getting invoicing set up to where it's reoccurring clients can save credit cards different processes that i didn't do just because i didn't want to spend the money that now i'm happy to spend the money and wish i'd done it before i had been using template contracts and recently i hired a local attorney here to to do contracts it has been such a game changer they my two page contracts went to about 14 pages um and there's a lot of protection in there that i didn't even think about and having those conversations with them i'm sure you have these conversations with business owners they did research so it's like okay you could be you could get sued by x or based on this and it's like well i never thought about that and so thankfully i've been i've been lucky enough to never have those situations where i've had to worry about that but having the protection even having business insurance that's something i did two years ago that i'm so grateful for of having that if i ever got sued that i would have insurance to help cover my my bills those big things are huge and so i wish i had taken i hadn't had such a scarcity mindset towards business and kind of worked towards building from the very beginning and building the systems to where now i don't have to worry about it no and i agree with you you know it is i to give you know starters small businesses slack you know there's always more things to spend money on than you have money to spend as a startup and so you know a lot of oftentimes there's kind of a bit of an evolution to where you try and as you're getting going you try and do everything as much as you can on the cheap do a diy do it yourself use online templates and online forms and i get it and there's probably a place for that because you're saying until i get the business up and going and actually making money i can't put as much money into those things as i probably should because the money's not there but then as you start to get traction you're saying there are a lot of things i really should be doing and doing better and i better get you better get them taken care of and a lot of times i think that having that roadmap for that kind of plan in place that hey i i have to do it this way because i don't have the money but as soon as i hit this milestone here are the things i should get taken care of maybe i should get those contracts updated or i should get that business insurance and i can't do that when i'm only making 10 a month on the side hustle but when i'm making you know five thousand dollars a month then i should starting to reinvest so i think that that's definitely a great takeaway well just as a reminder to the listeners we are going to do the bonus question where we talk a little bit about intellectual property so if you want to hear a little bit more about that stay tuned for after after we wrap up the episode but otherwise for um as people are wanting to reach out to you they want to be a customer they want to be a client they want to be an employee they want to be an investor they want to be your next best friend any or all of the above what's the best way to reach out to you contact you find out more uh best way for me is either through my website croachconsulting.com that's c-r-o-c-h-e consulting dot com spelled spelled differently than the bug um or they can email me at caleb search consulting dot com again that's c-r-o-c-h-e consulting.com those are the best methods for me just because we have a little we offer free consultations kind of like you do as well kind of helping business owners before they actually get sold anything kind of understand whether it's something that they would actually need and so there's a calmly link on there that they can actually sync up with my calendar like you have and kind of determine the best time before we go back and forth about oh well two that two doesn't work for me but that works for me so um we offer we make it pretty easy for people yeah i love i love calendar scheduling i'm an evangelist of it just because it makes it easy for people to align schedules without having to go back and forth and alleviate that frustration that's great that you offer that and definitely encourage people to reach out well thank you again for coming on the podcast it's been a fun it's been a pleasure now for all of you listeners if you have your own journey to tell and you'd like to be a guest on the podcast feel free to go to inventiveguest.com and apply to be on the show two more things as listeners one make sure to click subscribe in your podcast players so you know when all of our awesome episodes come out and do leave us a review so everybody else can find out about all of our awesome episodes last but not least if you ever need help with your patents trademarks or anything else go to strategymeeting.com grab some time with us to chat well now as we've wrapped up the normal part of the episode it's always kind of fun to shift gears a bit and now i get to talk a little bit about one of the topics that is obviously close to my heart and i love talking about it which is intellectual property so with that i'll turn it over to you to ask your number one intellectual property question yes this might i don't know if this is too big to unpack but um it was on my mind recently so as a marketing consulting firm our clients are creating we're creating assets for our clients we're running these campaigns how can businesses protect their marketing of their assets with intellectual property you know every asset do you create a trademark like what would you suggest from that standpoint yeah you and you probably started to answer your own question i mean breaking it down there are kind of three main aspects of intellectual property patents trademarks copyrights patents are for inventions if you create something that does something trademarks are for brands so something that is you know name of a company name of a product catchphrase logo those type of things and copyrights are more for the creative so photos pictures videos images you know books movies any sculptures paintings those type of things and so usually when you get into marketing you know while there is occasional marketer that we've worked with that's been a client that has created a new marketing system or a new software do something and that gets into the patent side but generally if you're working with clients that are on the marketing side it's usually primarily on the branding side and sometimes on the copyright side or enough of the creative side so most of the time what you're doing with marketing is you're trying to get a brand following you're trying to get brand awareness you're trying to get the name out there you're trying to get people to trust it get reviews all of which are you know things that bolster the marketing and so most of the time you're going to fall towards the trademarks which is hey if we're really focused on creating the reputation for the name of the company you should probably get a trademark to protect that name as you're investing all the marketing dollars to get it built up same thing it may be on a product maybe it's not the the name of the company as much as they just have a great product and everybody remembers you know i don't know what the name of the company is for snuggie but i definitely remember snuggie as a product right maybe maybe the name of the company is i don't know but that's the kind of thing and so maybe you know the snuggie where you're saying hey this is the name of a product or is it more of you know starbucks which is i don't know what name of their you know coffee or muffins or that but i definitely remember the company so the name of the company so you're going to look to kind of see where's the brand that's going to the most valuable part of the brand and then you're going to want to protect it and then sometimes you have that really great image or that great video that goes viral or that just really portrays the company or you know something that and you'll copyright that as well you're saying hey this is you know typically you can't you're not going to copyright every image and half the time they're you know licensed free images that you get from somewhere else but if they have this really great brand image that they take of it then you can do a copyright so that's usually primarily on the trademarks a little bit on the copyright is usually we're going to focus the protection on very nice yeah i've always wondered about that because you know you think like marketing assets and all those types of things sometimes you create some great stuff and do i copyrighted do i trademark it what do i do so that's awesome now i'll answer the question didn't answer which was where i originally thought you're going and i'll just give a little bit of a teaser and probably won't answer it is you know the other thing you always think about with marketing is you know there's a lot of data that goes along in other words marketing companies will do a lot of whether it's facebook ads or google adwords and they'll see which works and what doesn't work and how it works and both for the marketing company as well as for the client you always wonder who owns that data in other words if i decide to leave the company or do bring it in house or do my own thing do i own that data do i own that account or does the marketing and there's equal arguments you can make on both sides as to who owns it but that's something that people should always consider on both sides both on the marketing company saying hey we've done all this work we figured it out we want to be able to maintain that so we can leverage it for other clients and the other hand that cloud customers saying but i paid you to figure that out i should be able to keep my data so that's always just one thing to consider as a marketing company and as a client of the marketing company as to how that relationship works so with that we'll go ahead and wrap up it's a great question always fun to chat a little bit about and again if you or any of the listeners ever have any questions on patents trademarks or anything else go to strategymeeting.com grab some time with us to chat thank you again for coming on the podcast caleb been fun it's been a pleasure and wish the next leg of your journey even better than the last thanks devin i appreciate it

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Innovate And Adapt

Innovate And Adapt 

Where Are They Now?

 

Forrest Tuff

Devin Miller

The Inventive Journey Podcast for Entrepreneurs
8/6/2021

 

Innovate And Adapt 

My greatest fear is running out of innovation. To me, innovation is what keeps us afloat. It keeps me going every day. Sometimes that worried me. As I grow older, will I get more out of touch with what's happening in social media new apps coming up? How much do I want to keep up with? Technology continues to advance. So as you grow, you wonder how much of this technology do you need or handle? So my fear is not being able to adapt because once I stop adapting, that's when I will stop growing. Then it will be time for me to hang it up.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 my greatest fear is running out of innovation to me innovation is what keeps us afloat you know it keeps me going every day and sometimes that worried me like okay as i grow older will i you know get more out of touch with what's happening in social media new apps coming up you know how much do i want to keep up with because technology continues to advance and so as you grow you wonder how much of this technology do you need or how much can you handle and so my fear is not being able to adapt because i think once i stopped adapting that's when i'll stop growing and then it'll be time for me to hang up hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups and seven and eight-figure businesses as well as the founder and ceo of miller ip law we have startups and small businesses with their pads and trademarks if you ever need help with yours just go to strategymeeting.com grab some time with us to chat now today we have another great guest on the podcast forest tough and uh just to give you a bit of introduction of forest so uh in high school lightered in three sports track football and i can't remember the third one still have to remind me and uh while he was growing up he was also kind of a geeky kid in his own words so he collected cars played video games and got his scholarship in basketball had dreams of going into the nba but then got injured and that ended his career aspirations of the nba so graduated in sports management and went into or worked for foot walker for a period of time while he's in school did some internships at the clinic and then decided to start his own business um went after he got into doing some videos with birthdays and music videos and everything else so that will lead a little bit to where he's at today if i'm also doing some professional speaking coaching and mentoring and whatnot and with that much is an introduction welcome on the podcast for us wow devon that was a great 20 second recap of a life that was awesome awesome job man awesome job now great to be here so glad to be back this is uh awesome to sit here and chat it up with you again yeah so kind of with that in mind uh walk us through a little or tell walks you a little bit of your journey you know kind of i gave the 20 you know 20 second overview of a much longer journey so tell us a little bit about uh what you have or how you got to where you're at today well that third sport that you were mentioning was basketball that was the one that i settled on and went to college and you know couldn't finish due to an injury but that led me on a journey to kind of figure out what's next you know that was my passion basketball was a passion it's like being a doctor you don't have a plan b you know i didn't have a plan b i really thought i wanted to go pro and it didn't happen so i found myself you know working in retail in sales and so that sales background i think really helped me out when i started on my entrepreneurial journey so in 2004 i started my business and sales was one of the things that really stood out it was in media production of course because over the years one of the things that i probably told you in our conversations that i always had a camcorder so i was always recording my life from the time i was in high school until i was an adult but it was more just about the you know the stories of just you know having fun with my friends and things of that nature but that's what turned it into a business and so my background and sales and customer service and retail is what really helped me grow my video production business so later on it kind of branched out into you know media production and branding and we began to work with government agencies and corporations and so now 17 years later i've been an entrepreneur for 17 years right and so now i'm branching off into other things such as film and public speaking and you know we do a lot of community service so that in a nutshell is kind of where we are in terms of how it's evolved over time no that sounds great and just as a as a reminder just for those that didn't uh catch it uh as fortune mentioned so we had you on a few months ago um chatting about your journey kind of what we just talked to and this was giving people a bit of a refresher it's a bit of your journey and so you know with that in mind you know as we are you know kind of now reminding everybody and bringing people back up to speed you know give us a bit of a just a refresher kind of the audiences too you know six months ago kind of where were you at what was going on uh what was what was happening and then we'll hear a little bit about what's happened since then yeah maybe give everybody a bit of a refresher so yeah six months ago i was kind of in the heat of this thing called the pandemic gary are you familiar with that but i may have heard of it yeah that pandemic had happened so i think we were all trying to figure it out you know it was the start of a new year and the pandemic had happened of course in march of 2020 but there was this rebuild of different things and so to give you a backstory here are some areas that i'm focused on i focused on my business which really works with small businesses and government agencies and non-profits i'm also a film producer so i was making films at the time and i had started my journey as a professional speaker so i had these three things that were really my bread and butter of what i was doing well of course when the pandemic hit my first thing was to step back and sustain my company because i was really the lifeblood of all these other venues that all these other things that i had began to get into the film industry had come to a screeching halt so i didn't have to worry about that i just had to kind of hold my own on projects that i had and continue to market projects that i had completed before the pandemic but i didn't have to worry about new productions because we weren't able to do anything and public speaking had changed i had gone from talking to audiences and people and getting over that fear to now having to talk to a little bitty video camera and try to motivate people and and get a message across on screen so that was the challenge that we were faced with at the top of the year is how we now going to make things work so that gives you a recap now here that's a great recap and it definitely leads to a question i have because i mean that is difficult you know that's the kind of the all venues people that were used to whether it's crowds or public speaking or mentoring or you know doing seminars and all that you know are now looking and saying the business model at least for a period of time has shifted you're not able to do those crowds you're not able to get everybody in the same room or get them together or if you are it's in a much reduced setting and so as you're doing that looking in that and that's kind of the setup you've had how did you kind of look to tackle that you know kind of as you're going through that you know was it just one where hey we'll wait out for a period of time we can't wait anymore and we have to pivot or early on you saw this was you know this was going to require you guys to pivot so you made that decision early on or kind of walk us through how that went one of the things that was good that i really wasn't aware of is my company had been structured already for a virtual environment you know we provide a lot of post-production services and then again there are contractors that started to get out so my company actually thrived we picked up a lot a lot of more a lot of business and so we had a great quarter and things were really swinging that way so to my surprise the company flourished the film as i told you stop but public speaking is where i now had to kind of dig in and try to figure out how to tackle that monster so i began to as i'm a member of toastmasters i you know started working more with the organization a lot of virtual speaking opportunities came up a lot of them came that were free i took as many speaking engagements as i could free and paid because i wanted to continue to hone the craft and get better so over time i've become more comfortable and i've also been doing podcasts which have helped because there was an influx in podcasts during the pandemic and so that gave an opportunity for you to really get on the screen and talk with somebody and actually hone your message in so for me that process was more about getting out and doing it not so much worrying about oh am i going to get paid to do this event or i'm so used to a crowd it was like listen there's a new environment get used to it right get over it and get used to it because in business that's one of the things that we always talk about is you have to be able to adapt and so for me that was the change that i had to do in order to continue to grow and even as a public speaker is adapt to the new environment and embrace it now one question you know as you're adapting because i think that you know easier said than done or at least it requires a higher degree of changing at least a mindset because you know at least my limited you know public speaking and doing other you know talks or presentations and that is you tend to feed off of the crowd right in other words it's easier to get them to engage they're more willing to or you know to answer questions that you can you know you can gauge how the audience is receiving things and everything else and now as you're shifting to video and online and doing it remotely and everything else it kind of removes a lot of that ability to engage and to work with people in that way so you know was that an easy change was a difficult change or kind of how did you adjust or adapt to that for me would work it was a challenge it was a challenge adjusting the mindset but what i had to do is i had to rely on skills that i personally had and everyone has different skills that sometimes take you to sit down write them out and figure out what is it that's happened in your life that could prepare you for this change and i realized that i've had an active imagination you know i'm a filmmaker i'm a storyteller i had to find ways to envision that people were enjoying my talk that my talk was giving them the fulfillment as as it would in person you know i had to imagine that when i cracked a joke or if i said something that i thought would be a little catchy that they responded i just believe they responded whether they did or not and i proceeded in that same manager man in that same manner and i had to focus on my energy so one of the things i would do is i would set up a zoom call with myself and i would do a presentation until the point i got comfortable doing that presentation by myself so i no longer worried about what the crowd did i just responded as if i knew the crowd responded a certain way and whether they did or not i think that the crowd would start to feed off of your energy because even when you speak people feed off of the energy you give them you know if you give them this energy like you're uncertain or you don't know what you're talking about they tend to feel the same way but i tried to show confidence i tried to show energy enthusiasm about what i was doing and hoping that it would transcend through the camera so that was my process of doing it and i'm sure there are many other ways that could help others you know get through that same process themselves no that definitely makes sense and i think that you know it's either one where you have to figure out how to adapt your process and you know imagine it kind of you know in your mind's eye practice it a lot get that confidence and doing it or you're going to you know if the venues aren't there you're going to just your business is going to wither and and you know not going to succeed or that so as you're now making that transition doing that you know going more online doing more remotely and uh in kind of a adjusting or adapting or pivoting you know what was the success like was it well received did your business rock it up and it took off or did it you know kind of took a while and it was you know leveled out or took a bit of a downturn he had to adjust you know and all of those are kind of different ones that people are facing you know some of them are saying hey this uh covet has been you know while it's not been a good for the you know feel better feel for a lot of people it's been great for our business other times it's been tough and rocky time so how did that work out for you guys well in terms of are we talking about speaking business right now yeah in the speaking business there was a little bit of a downslope and so you know budgets are cut off and people are trying to figure out what's next so for me i said like i said devin i began to take events that were free you know i wanted to spread my wings as much as i could i would have the ability to speak at other clubs in other countries so i was actually able to further my blueprint because now i had access to people that i might not have had access to you know companies that were like yourself you know look we're talking we're in two totally different states i might have never met you in this situation so my footprint became broader became wider and so therefore i began to create relationships that were setting me up in the future for other opportunities and so i began to as a resurgent started i began to book more speaking engagements and things are picking up and i still continue to work with other organizations and and hone my craft and become better because now things are getting hybrid so some are like hey come on in and some are like let's do it virtual so it's now another adjustment to get used to that balancing ballot balancing act because once you get used to doing it in front of camera now you have to get back in front of people and get acclimated to that again so it's always a learning curve i think that's the part that i really enjoy is the challenge of continual growth and not just being stagnant at where i am now that definitely makes sense now to kind of follow up on that i think in addition to some of the public speaking you also got into a bit more of film and tv and community service and a few other things in addition to that or on those fronts as well so maybe tell us a little bit about you know how that worked out well i started a show called tough talk show it was something that i planned on doing and since i couldn't go out i decided to start it virtually and the idea came after i did a few podcasts and i said wait a minute i could go ahead and start a tv show the only thing with my tv show is it included psas and there was a lot of production value so the show had a lot of editing in terms of graphics and things like you would do a normal tv show except the interviews were just on zoom and so i created this production we were able to finish 10 episodes for a season and the show did really well we won several awards and we also you know went in for an emmy we didn't get the emmy nod but it was something that i felt was an opportunity so i tried to look at everything as an opportunity and not just see it as like oh this is just something we're doing i took the tv show serious it was similar to a podcast format but as i said there was a lot more production to it so that was something that we were able to do and i think for that season it worked really well because it it was a part of the branding and marketing strategy it kept myself and my company in the forefront you know we didn't fall off and that was one of the things that i was concerned about is not letting the company just go stagnant during this time no i think that definitely makes sense and you know there's uh i think some people started out saying oh we got to hunker down we don't you know this will just be a temporary thing and as it became more you know more people being again understand it's going to take longer it's not going to just be a you know a shorter temporary thing yeah just definitely adjust and adapt and i think those that can figure out how to adjust and adapt and how to leverage things and you know take advantage of the change in the marketplace and the ways of doing things those that can figure it out first are going to be the one successful it definitely sounds like that's kind of the direction that uh you went and the success that you found so now as we you know as you're kind of talked a little bit caught us up as to what you've done over the last six you know what where you're at six months ago what you've done over the last six months now looking a bit into the future you're kind of saying okay to a degree depending on where you live and which state and whatnot you have some there are some states that are pretty or well opened up you have some that are going back into way mass or lockdowns and they have somewhere in the middle so as you kind of are dealing with all that where do you kind of see things headed in the next you know six to 12 months for you you know how did that how does that look to plan or play out for you well one of the things that's helped is i've been able to reach out with new contractors to work with my company so there are there are contractors that are willing to go out and be more in the field and so with that being said it's created an opportunity for us to continue the work you know right now this hybrid work is is really working and i am you know for me there's been the concern of my kids you know last year i had two of my children here with me and they were in college so now they're actually gone they're back in school and i have a young one that's still here because she's not in school we decided to keep her still at home so there's that dynamic of now working from home with my wife with my kid every day and that balancing act because you know that's one of the things that also makes a big difference when you're running a business you also have to be aware that now as a person who has a family that dynamic plays into how i can run my business and how i balance that thin line between working too much and you know having too much fun with my family so i can see myself in the next six to 12 months sticking with this model because i feel like you know there's a new variant that's coming out and now everyone's kind of unsure and even in georgia you know georgia is just wide open but you know there are things when georgia shuts down it shuts down so i feel like with this variant coming there's going to be some things that shut down a little bit unfortunately but i think it's necessary because if we're going to thrive we have to be aware of what's happening and we have to now look at this model of a hybrid or even virtual as something that will be a staple for what we've done and i'll make this last point my daughter was in the first grade so now she's in the third and she's been virtual since first grade this is going to really affect the way that age of children do things you know in the next decade or so and also the way how many of us look at how we do business now as entrepreneurs and business owners no i i agree with that all friends so now you know i think that that definitely makes perfect sense so well now as we've kind of talked a little bit you know where you're at six months ago walk through your journey where you're heading in the next six twelve months and as we start to wrap towards the end of the podcast you know normally on the the normal episode of the first episode that we had i have my two questions always asked on the where are you at now episodes i always ask a different question so we'll jump to that now and before we dive to that we are doing a bonus question where we talked a little bit about intellectual property as well so for those of you that like to stay tuned and hear us talk a little bit about patents and trademarks and other things definitely stay tuned but before we get to the bonus question on the end of the or the last question i asked on the podcast is you know now as you got into you know continuing on your business you've had to adjust adjust you've had to pivot you've had to do different things as an entrepreneur and as a business owner what is your greatest fear and how do you deal with it my greatest fear is running out of innovation to me innovation is what keeps us afloat you know it keeps me going every day and sometimes that worried me like okay as i grow older will i you know get more out of touch with what's happening in social media new apps coming up you know how much do i want to keep up with because technology continues to advance and so as you grow you wonder how much of this technology do you need or how much can you handle and so my fear is not being able to adapt because i think once i stopped adapting that's when i'll stop growing and then it'll be time for me to hang up to get up and maybe find something else so that's my greatest fear hmm no i think that you know it's in that that opens up a bigger a much bigger topic and probably a topic for another day but i think you know technology and first of all how it adapts how it or how it uh continues to evolve how you use it should you use it you know there's a question of is it too intrusive in your lives is that you know on the one hand it's great you know as the pandemic came along and as you're having to go to online and do it remotely it's been you know it has those benefits to allow businesses to continue on the other hand you're also saying now it's you know it's hard to find that balance in the sense that you're you can be working 24 7. you always have your phone with you you have your emails you can you know it's hard to disengage sometimes with technology so as it evolves and as it continues to and benefit our lives i think there's that definitely that balance that makes sense that we have to find so definitely a fear understandable fear and also something that has to be dealt with so with that before we dive to the the bonus question as we wrap up the normal episode if people want to reach out to you they want to uh watch yours or watch your show they want to hire you as a public speaker either in person or remotely they want to have it get any other coaching or other feedback or just want to be your best friend they want to be an investor they want to be a employee they want to do any or all the above what's the best way to reach out to you contact you find out more well you can reach me at forcetuff.com that's forestuff2rs 2ts 2fs.com and you can reach me at 678-754-2882 that's my direct line and just contact me that way and let's have a conversation and see where we can fit all right well i definitely encourage people to reach out connect and uh and make and explore things further so well thank you again for us for coming on the podcast it's been a fun it's been a pleasure now for all of you listeners and now for all of you listeners if you have your own journey to tell them you'd like to be a guest on the podcast definitely feel free to reach out to us just go to inventiveguest.com apply to be on the show we'd love to share your journey uh two more things as a listener one make sure to click subscribe to your podcast player so you know when all of our awesome episodes come out and to leave us a review so everyone else can find out about all of our awesome episodes last but not least if you ever need help with patents trademarks trademarks or anything else just go to strategymeeting.com and we're always here to help so with that now as we've talked a little bit about your journey how things are going where things are ahead of the future your fears and everything else now we get to shift gears a bit and we get to talk about that you know one of the topics that i love talking about as you can probably guess which is intellectual property and so with that i'll turn it over to you to ask your uh your top intellectual property question all right so 2020 december i trademarked the term filmpreneur so now i own that mark and so as i'm ready to now go back out and brand i want to ask your expertise on how can i use that mark if this pat if it's trademarked for anything that relates to the film business how does that actually relate now if i want to get into apparel or other things of that nature is there something else i would need to do yeah so there's a couple kind of questions within that and i'll break it down okay the one question that often comes up you know as a general question is people start a business whatever it is service product business whatever and then one of the first things they want to do is or get or start to sell what i'll call swag you know whether it's t-shirts is you know or bags or is you know hats or other things socks or you know a whole bunch of different types of swag and they say well do i need a trademark for those things and generally the answer for swag type of bottoms or promotional items or those type of things is that the answer is no you don't need to get a trademark for those and the reason is is trademarks are set up to be source identifying of a brand and so when you're putting it on like a mug or you're putting on a t-shirt it's not it's not identifying a brand that's selling shirts it's really identifying your brand as a services you're providing as a coaching or as a tv show or whatnot so generally if it's the kind of swag type of items unless you're starting a new clothing line or you're starting a new mug line or you're starting whatever line and you're actually selling those products swag usually you don't need to you can it usually doesn't provide a lot of value and it's not typically worthwhile the other question that i would hit on is now let's say it's not the swag type of items but rather let's say as a kind of a made up scenario the original trademark was only for podcasting it was you know it was a description of goods and services which hey i'm using this trademark for podcasting but now you've branched out and you're going to write a book and you've also done a tv show and you're going to start a whatever you know services or products and so you started doing branching out so what your original trademark doesn't cover those goods and services then you're gonna what you have to do is file a new trademark for the same word or the same logo but for those new categories or the new areas that you're expanding into so if it's swag probably wouldn't worry about it if it's other areas that are new services new products or other things that you're doing then you'd have to file a new trademark application given that or that the other one has already been written or filed and registered great advice thank you so with that we'll go ahead and wrap things up and if you or any of the listeners ever have any other questions about patents trademarks or anything else business as i've already mentioned you go to strategymeeting.com grab some time with us to chat and then in meantime thanks again for coming on for us and wish the next leg of your journey even better than the last thanks so much for having me devin it's been a pleasure absolutely you

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Look For The Right People

Look For The Right People

Where Are They Now?

 

Nate Zeleznick

Devin Miller
The Inventive Journey Podcast for Entrepreneurs
8/3/2021

 

Look For The Right People

I want to always over-deliver and fear that I won't be able to do that. How I am handling it is I am actively looking for the right people to help me do that. I know I can't do it all myself and, my team can't do it all ourselves. So we are on the hunt for the right people.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

 i i want to always over deliver and the fear that i won't be able to do that how i'm handling it is i'm actively looking for the right people to help me do that because i know i can't do it all myself and my team can't do it all ourselves and so we're on the uh we're on the hunt for the right people [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups in the seven eight-figure businesses as well as the founder and ceo of miller ip law where we help startups and small businesses with their patents and trademarks you ever need help with yours just go to strategymeeting.com grab some time with us to chat always happy to help now today we have another great guest and this is a guest that's already been on we're doing a where you at now episode where we get a catch up and hear a little bit about you know where they are since last we heard from them where are they at now what's been going on how's the business going and so we have uh nate zolednik if i don't stumble over my words um back onto the podcast and uh he'll talk a little bit so he is the founder or co-founder you'll have to remind me if i can't remember if there was a founder of vibration and uh he will talk a little bit about kind of where we were at six months ago a little and then what's happened over the last six months has a lot to talk about everything from sold out events to travel to training to covet shifting the business to more virtual to um you know how to where where to focus on things how to do online courses doing training and have a great conversation so with that much is introduction welcome on the podcast nate thank you devon for having me back it's honored to be here and um yeah so much has happened in the past about what's been about seven months something like that and um so much has happened that it's really a different world than we were at and it was a great world then and that's just getting better so thanks for having me hey we're excited to have you back on always fun to catch up you know you always kind of initially meet the the person with the guests on the podcast kind of hear what they have going on if you're like kind of open to them so always kind of fun to catch up so with that before we dive into what's been going on take us back about seven months kind of where things were at we might give the audience a bit of a reminder what we talked talked about less than what you were doing at that point sure sure so uh when we when i was first on your podcast i really got into uh my story my the hero's journey of how we were able to bring this breath work and consciousness expansion exercise program from the royal family of central java indonesia here to america originally to benefit blind people but now to benefit all people and so where we were at at that time you know was when covet came in and everything shut down i think it was march 13th right it was the day friday the 13th everything shut down it put us in a position where we had been running a martial arts school in ogden utah for the past 20 years and teaching people of all walks of life all ages and also the inner power and meditation secrets of the royal family of java well when kovid came upon us and we had to restructure everything and start teaching by zoom and seeing such a high attrition rate as most martial arts schools did because martial arts is a contact sport most people know that and so six foot distancing and masks and then mandatory closures and lockdowns that didn't really help the martial arts industry and around from what i read about 8 000 martial arts schools closed just in the first four months of covet because martial arts is not traditionally a high-income earning profession it's something people do out of love for helping the community and seeing people grow and carrying on and carrying on a tradition of honor respect discipline solidarity and so for us we had to think quickly and you know for the past 22 years when when we decided to bring vibravision to america martial arts was a backup plan we were not actually planning on opening a martial arts school but humanity really wasn't ready 22 years ago to hear oh yeah people could see without their eyes we could train blind people to do things that they never thought would be possible and we can prove it to medicine and science so we can measure it it wasn't really at that time it was like uh no but now we're in a different we're really in a different era of humanity of as far as what science is showing us humans are possible or capable of doing and what is possible and so now we're in that stage where we're measuring it where we're quantifying it where we're proving that we're more than society has given us permission to believe and we could do things that we thought were only in the movies like star wars uh you know there are superpowers but i don't think anybody's teleporting or levitating or anything like that and if they are they're not talking but we can develop extra sensory abilities that allow us to live a more expansive life and so in the past seven months we have gone from working on refinement of our five-day immersions to now failing immersions months in advance where even into november we're about halfway full for our november level one and we're starting to do more private immersions for doctors and biohackers scientists people who are wanting to come in and study what we're doing and learn it not just for the scientific aspect but for their own personal growth because that's really what it always boils down to is the old adage or the old saying know thyself or to thine own self be true but a lot of the time we're humans doing we're not a human being and we're not paying attention to who we really are and what we can do and how we really feel and most people don't even know who they really are they identify as their name or some people their car or their job so you ask what are you i'm an accountant okay so that's how a lot of people identify themselves or even as their name but they don't really know themselves and so that's one really cool thing about meditation and breath work of any kind is people it's an internal practice so you get to know yourself a lot better and so what we do is from everyone who's gone through no matter how their amount of experiences it's light years beyond any other meditation or breath or practice out there it's also difficult you have to push it it's like the gym if you go there and you're like i'll take the escalator up to the gym all right but if you're running stairs it's a little bit you know you're going to get a lot more if you take the hard route and so this is a very intense method but people get results almost how many followed just uh yeah too you know back even when we talked and coveted already i think you know have been in in a reasonably full swing but there but you know there's a bit of a lag and you're trying to figure out what you're doing and how to shift and how to navigate and you know kind of how to pivot and so you know kind of a follow-up question to something you hit on was as you guys were i guess first question is you know when did you come to the realization you had the pivot and then how did you land on kind of how were we going to pivot in other words go online and offer those classes because you know in theory you're looking back and can be one oh yeah go online figure it out offer classes and yet you know looking back you can sometimes be easy but on the other hand you're saying this is how we've been doing it since the business has started and this is how you know everybody does it and how do we adjust and how we pivot so a little bit of insight as to how you guys first recognize need to pivot and then how you figured out what to pivot and how that worked out okay wonderful questions so when we first recognized that we needed to pivot was uh something that i i was like we need to do this now and that was in early october of 2020 because of the lockdowns or the guidance for the state of utah we couldn't really bring new people in because we weren't allowed to have even more than 10 people in an 8 000 square foot building and so our attrition rate was high and people did not really like learning martial arts online and you know that's if kids are kids let's be let's be honest so we'd be sitting there teaching a martial arts class and see kids you know eating their sandwiches and playing and like being mean to their siblings somewhere like uh so it wasn't the same as an in class in person environment so we made that decision that we were going to pivot just to doing vibe revision and offering some online courses of the breath work which had never been released like in human history never released in a digital format for people to go and enjoy it would have always had to have been anderson either here in utah or if you're indonesian and you were in indonesia you could learn it there but still to the state they don't train non-indonesians there so our mission devon our mission was not to train a few people in utah our mission was to revolutionize human consciousness and our ability to perceive as we understand it that's always been our mission and so yeah follow-up question too because i mean that's everybody was looking to pivot to online or especially in-person things and you know if you were traditionally in that way but there's a difference between recognizing that you need to go online and actually having a successful business i'm sure you guys are my guess is you weren't the only people that had had a martial art studio at one point and were saying this yeah but as i think we talked a little bit about the before the podcast a lot of them didn't make this shift transition very no transition shifted successfully a lot of them in their closing doors are coming figured out so how did you guys kind of figure that out as to what that model would be or how you can make a success of it okay so first of all i just want to say thank you to the federal government for the ppp programs to help us to help tied us over we're one of those fortunate businesses that had some financial assistance from the stimulus packages and so that really helped us as well so as the number of martial arts students went down the increase in interest in vibration kept going up and so finally i read i read a book called the one thing now many of your listeners or viewers out there may be familiar with the one thing and there's also another book by adam markell or markle who called pivot when i read both of those they inspired me that you know our mission has always been vibration that was the original mission so we need to go back to that because that's the way that all circumstances are pointing us as that's what we need to do because that's where we're getting our increase in interest martial arts is waning and that's just the situation so when it came down to it when push came to shove so to speak we made that decision that we were going to take we were going to start offering some online training because of the success that we had been having on webinars when we would teach and i i this may have been after our first podcast devin but my brother mike and i my brother mike is the chief trainer for vibravision i'm the ceo we did a webinar with about 150 people on there for breath work and there was a lady on there who had a nasal cannula in an oxygen tank and so we did a about a 15 minute intro to a certain breath work breath hold pattern in a certain body moving movement pattern and after then we just did it for like three minutes and at the end this lady was sobbing and my brother mike asked what what's wrong she said i've had long covered since april i haven't been able to breathe without my oxygen tank and my doctors don't know if i'll ever get better and this is the first time in nine months that i've been able to breathe right and that's something after three minutes steven it helped her that much it's that's how revolutionary this is it reforms people's lives in minutes and so we just went you know what if we could do that in three minutes we really need i mean it's i mean people are dying from this respiratory disease and we have something that can help people strengthen their respiratory system we need to release some of it so some that over in indonesia is pretty common knowledge so let's release this for the public and also educate them on the dangers of improper breathing because a lot of people don't know this that improper breathing and we are the only animal on the planet that does not have a correct way of breathing for their health we breathe actually very we cause over 200 diseases are caused or 200 different health conditions are caused by improper breath and one in eight people according to the world health organization one in eight people will die from air pollution related disease one in eight because that's just where we're at you know as far as our environment now so to educate people on the importance of proper breath and how to breathe properly because their breathing is not breathing it's like running is not skipping is not walking it's not crawling it's not speed walking is there's a lot of differences in how we can motivate or move our body there are a lot of ways that we can breathe too and some are better for us than others so having programs that can teach people how to do that properly and notice an immediate difference in their health and in their energy in their clarity but then teaching them also in a more advanced program how to build their internal energy and feel it like actually feel this energy that makes us up that is us well there are a lot of people who are interested in that and we have other programs we're going to be releasing so we did it for a benevolent purpose but also to help our business survive and then with the immersions the immersion events here in utah those are high like upscale events where we have people coming from all over the nation in canada as well to learn this and we have had a 100 mind-blown rate 100 of people that come through notice a difference in their whole life from then on out so one question because i intended to follow up on all of that that we talked a little bit again before the podcast was you know there's a couple ways that you can kind of pivot and shift to online one is to do you know one-to-many or you can do one-to-one right one-to-many is that you have a large you know whether it's a webinar or seminar you have multiple people you having almost a class online so to speak where everybody can kind of go through the class together and you can all and you know one-to-one is basically what it sounds like where you have you know one-to-one where you had specific training or a specific conversation and you have a much more intimate setting so as you guys were shifting and you guys continue to shift and off you know say okay we're moving online we're going to do the you offer these classes do we need to make that thank you for the government for tidying us over for you know helping out small businesses for a period of time and as you're kind of shifting through that did you kind of gravitate to both you won or kind of how did you figure out if it's more of a one that we can teach you know people um you know via the internet in maths or via training videos or does it need to be one-to-one specific yeah that's great so neither it's not one-to-many and it's not one-to-one these are evergreen courses that people purchase them they can go through and watch over and over again because it's not necessarily us for these programs it's not a one-on-one requirement it's that you do them with proper alignment proper movement proper breath hold proper intention and when you do that you will have an amazing result amazing result as long as you have a body if you don't have a body i can't help you but if you have a body you process socks you need carbon dioxide to release that oxygen and you're able to really envision yourself being healthy powerful strong energized it's you do it right it's gonna work so that's where we're at right now but we do offer zoom classes for our more advanced students so that they can come on and we can train them but the vibravision method is such a precise method it's you know there's a lot of breath work out there and it's like let's just hyperventilate until we get high that's pretty much what it is this is not that this is based on hypoxia so breath holding has been shown to eliminate certain kinds of cancer i mean the nobel prize in physiology and medicine was one two years ago on the health effects of hypoxia or low oxygen environment so we're actually doing something the exact opposite of most breath work that you'll see out there it just has to be done in the right way and it is more strenuous and it must be you know um yeah do it right or you won't get the same result so we have the evergreen model right at this point but we have not done as well with the evergreen model as we have with our immersions but that's about to change because we realize that we've had some inconsistency in congruency in our branding and with you know we had a certain firm working on our website and now we're bringing in other people who are branding experts who can help that with the seo with the branding with the look with the functionality uh with the speed of the website with everything that needs to really take this into a 21st century of well a modern day right now functional website we've got the new people starting to work on that next week so things are really going to change that way as far as our public presence but i mean we have almost 200 videos on youtube that people can go and they can learn our story and they can see the most amazing demonstrations of conscious mobility that you just won't find anywhere else there are some other people in the world that teach this blindfolded skill but they teach it a different method a different way and most almost all of them only teach people 12 and under so for you and i that's not an option um but for us we trained you know we just had people that were in their 60s in our workshop that ended just a couple days ago yeah no i think that's kind of fun to catch up see a little bit you know kind of how you got to navigate how you adjust how you figure things out it definitely makes sense i mean i think that the different models and the different ways that you can reach people having some evergreen content and having some ability for as people advance and they go kind of beyond that evergreen content to kind of have that one-on-one ability or to have more intimate setting definitely makes sense so now as you were kind of again almost no we've kind of caught up to where you've been you know the last six months seven months for what you've been doing and what you've learned um you know if you now kind of look again out to that next six to 12 months and kind of where you things see things now headed wherever that or where do you think things will take you whoa okay uh to the moon not back just to the moon we're already on that um the line we've already launched so yeah what we would like to do is we would like to be able to help at least in six months with this new um advertising and web team i would like to be able to help at least 10 000 people learn the different uh breath work techniques that we have in our evergreen course we're averaging between 25 and 30 people per immersion so we have one two three four five six seven more immersions coming up in the next six months so i would like to help a minimum of 200 people through our immersion process because that's the real deep dive where people i mean they they walk out a different human being than they came in everybody does and so yeah that's really what we're looking to do is really maximize our reach and our impact in people's lives who want to actually learn like i have a superpower i want to become superhuman i want to become more and use this in their daily life because you know it's neat to put on a blindfold and walk through a course and be able to sense everything around you but that's for a blind person that's the most amazing thing ever right that's a a new way of seeing in the world but for you and i who have eyesight the majority of people who come to us are there they see the value of that but they don't see the value of being able to you know that's not the reason they would pay thousands of dollars to come learn from us so they can walk through a obstacle course blindfolded it's when they turn around and they are asking their intuition about a business decision or which way to turn on a road or how to relate to and connect with their spouse or their children or people at work or how to stay in a good situation and out of a bad situation based upon what your intuition tells you and having that be a reliable function of your psyche rather than hit or miss or i'm making it up so that's the majority of people come to us now for that well it sounds like a lot of uh a lot of exciting opportunities a lot of great goals to work towards in the future so now as we wrap up and you know always always fun to catch up and always more things i'm sure we could uh chat about because we're at the end of the podcast you know i always shift a little bit for my normal two questions i asked for the original episode two for the where are you at now because as you get further into business you also you always find out a little bit more what do you fear what keeps you up at night what are you thinking about what is the worry of what are the concerns and kind of what are you going to do with next sure with that or a question i was asked on this episode is what is you know how's it related to business your startup small business as a founder co-founder what is your biggest fear and what error how do you deal with it okay so that's i love that question and the biggest failure as far as one to me right now is i've never had this issue before devin of having too many people want what we have and not being able to service them all and that's you know we're we're right there as far as our we're doing really well we're doing really well but with what's about to happen as far as our advertising and marketing is concerned it's about to get a lot more um a lot more and so how am i handling that um hiring virtual assistants is one to help out my admissions team i am actively looking for a ceo who can help like our project manager who can help us as far as our different divisions and keep track of everyone and also a cfo somebody help us really be able to navigate and plan for the success that is coming in is actually at our doorstep and walking through our door right now so i would say the fear is not being able i want to always over deliver and the fear that i won't be able to do that how i'm handling it is i'm actively looking for the right people to help me do that because i know i can't do it all myself and my team can't do it all ourselves and so we're on the uh we're on the hunt for the right people that's awesome that's definitely a place to be and you know it is one where you know it's always one of those well that's a good problem to have you know you're growing and you're expanding and yet if you want to say hey we want to keep the same level of uh you know quality we want to help as many people we don't you know we want to make sure we're not just focusing only on the money and you know getting the income but we want to actually accomplish our mission then as you grow it is a fear of how we're going to grow not just grow but grow right or grow correctly such that we can continue to offer that so i think that's definitely a fear that uh certainly understand and one that uh as you grow as any business you have to figure that out so definitely i wish you the best of luck on the on on that as well as your business so now wrap up if people want to they you know want to find out more about you they want to again be a client they want to be a customer they want to be an employee they want to be an investor they want to be your next best friend any or all of the above what's the best way to reach out contact you find out more for sure so visiting our website at vibravision.com is the best way to find out what's coming up next and also to see the changes that are going to be taking place with our digital platform the platforms and then also we have a free gift at the bottom of our any of our website pages people can put their name phone number and email in there and get a free workout to actually be able to feel what we do and actually experience it it's the same exercise that the lady i was telling you about who has long covered that helped her breathe right again it's the exact same work and so people do it they feel a difference and then a lot of the time they'll either want to apply for an immersion which is very selective and you can do so right on that website you can fill out the survey but then also a lot of people are not able to travel to utah or they may not have the financial means to come for a full five-day immersion but we do have a couple options the first one is our breath awareness mastery course and that is you can find that at fibrevision.academy and on our vibrovision.academy site we have our breath awareness mastery course which helps people understand their breath and get better at breathing properly and avoiding those bad health conditions that come from improper breathing but then also we have our energy expansion program and this one is just imagine putting a jet engine with a supercharger on your lungs for your lung function your supercharge your immune system being able to feel your energy and be like if you remember at the end of the matrix where neo goes into agent smith and blows them apart and then he just goes and the walls go whoa it's it's a really cool special effect so next time you watch it i know that's an old movie but that's what you feel like every time you do this for five minutes a day you feel like you're like bending space and time you are extremely powerful and it takes five to ten minutes a day and it's amazing what it does for people and that's our energy expansion program awesome so i definitely encourage people check out the website check out the free content check out the program definitely also if they're looking to support or to otherwise get engaged definitely make sure to reach out to them but thank you again nate it's been a fun it's been a pleasure now for all of you the listeners if you have your own journey to tell or you've been a previously guest on the show and you want to tell us where you're at now feel free to go to inventiveguest.com and apply to be on the show we'd love to have you two more things as a listener one make sure to click subscribe in your podcast please you know when all of our awesome episodes come out until you leave us a review so other people can find out all of our awesome episodes and last but not least if you ever have uh or need help with patents trademarks or anything else in your business feel free to go to strategymeeting.com we're always here to help thank you again nate and wish the next lady of your journey even better than the last thank you so much devin everybody have a great afternoon and yeah appreciate you thanks so much

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What's Your Why?

What's Your Why?

Tygh Walters
Devin Miller
The Inventive Journey Podcast for Entrepreneurs
8/2/2021

What's Your Why?

Put Your Goals in front of you and your fears behind you. There is so much that has to happen in a business. And it takes a long time. It's years or a marathon. You have to find a source of motivation and inspiration. Two of those sources are goals and fears. If you can be motivated by those simultaneously, I believe it's a powerful combination to keep doing whatever you need to be doing. I think it's the stereotype and clique that businesses fail because you give up or you quit. There's truth in that, but I think to make it easier on yourself as a founder especially, really get clear on why you are in it.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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 put your goals in front of you and your fears behind you there's so much that has to happen in a business and it takes a long time it's years it's a marathon so you you have to find a source of motivation a source of inspiration and two of those sources are goals and fears if you can be motivated by those simultaneously i believe it's a powerful combination to keep doing whatever you need to be doing i think it's it's the stereotype and cliche that businesses fail because you give up or you quit and and there's truth in that but i think to make it easier on on yourself as a founder especially really get clear on you know why you're in it hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller the serial entrepreneur that's grown several startups in the seven and eight figure businesses as well as the founder and ceo of miller rp law where we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com grab some time with us to chat and we're always here to help now today we've got another great guest on the podcast ty walters and ty finished up a master's degree in uh 2020 or 2012 i'm in exercise science and uh blinded to a uh to academy or to academia and went on to get a job and work and as he uh went to do that um learned or do it on his own and one to work hard started out as a i think planting trees for a landscape company so a little bit different than exercise science and then moved and did a similar job and worked at that for a while before kind of getting uh worn out with the grind and then going off to do business at transcendental marketing for a period of time i grew that but just uh was just getting by and decided to learn code and learn more about e-commerce and started a business about four years ago with that and has been doing it ever since growing the team and having a great time at it so hopefully with that it much is a mostly accurate introduction welcome on the podcast hi thank you so much devin really great to be here sharing my story and excited to dive in absolutely so i just gave the 30 or 30 second run through to a much longer journey so maybe take it back to you know 2012 wrapping up your master's degree and kind of how your journey got started there absolutely in 2012 that had reached the end of my academic career as it was and as anyone knows as you know i know you have multiple degrees it's such a long journey the the school since kindergarten really every year and of course it changes and morphs but at that end and that point in my life i was feeling um like i was sort of missing out on the real world whatever that meant you know outside of academia where there's there's tracks and there's and there's fields and there's certain ways on how to do things and where to study and how to apply your skills i was more interested i guess at that time of like you know my father he he's uh he has a job out you know in in industry and commerce like what is all that so that interest led me to divert away from pursuing a phd degree or even a career in in that field at that time and uh to say the least i was naive just like most young people are that step out into the marketplace for the first time i was full of the confidence and bravado i'd outperformed my peers on every other measure stage available i thought it'd be easy and and it's quite a different challenge uh but you know i eventually kind of found my way after a few years and and i really feel like i've figured it out to a degree of course it's a journey but sort of cracking that code and figuring it out after school was was a challenge for me it was a crossroads and i had to jump in myself and and kind of learn those tough lessons myself tough lessons being struggling to get a job as a wait staff with a master's degree or not really figuring out you know how can i make the connections in my network to really build my professional career some of those things i had underdeveloped to say the least um but but what had happened through my academic career learning about kinesiology exercise sciences i was really interested in health and wellness because that's you know the the most important aspect of longevity and how how happy and healthy are we right and and part of involved in that quest is self-actualization realization so just a personal curiosity of mine is sort of the philosophical concept so like why am i doing this you know what is life about and how should i be applying these skills and these privileges i have you know i can almost do anything i want i was raised in a very supportive environment with family and community to believe that so those kind of questions were on my mind back in 2012 uh one thing led to another i found myself sort of um not at the bottom but at a crossroads again where i felt like i was learning so much i wanted to get into horticulture and kind of sustainable agriculture in terms of how it related to wellness and i was learning so much but i was sacrificing other areas of my life namely my financial well-being and fitness and you know one question is to get exercise signs and then you get into planting trees or horticulture and those type of things seems like a little bit of a departure from your you know what your degree was so what made you decide to do was hey this was the job that i can find and i thought it sounded interesting it was decided after i got graduated that you know i didn't want to be in exercise science and that happens with a lot of attorneys that they decide they don't want to be a but kind of what led you to kind of getting into more of that aspect of things yeah um so twofold probably one was the degree i pursued was a master's in kinesiology it's a little bit less versatile than say a nursing degree or medical degree so that's point one i struggled a little bit to find an application uh number two was in my time intellectually learning about kinesiology i became less maybe interested in the the principles and practices of that of kinesiology but more interested in maybe the umbrella topics of health and wellness how how does our diet and environment and our exercise all fit into how we are as a family as a person it's sort of more of a holistic viewpoint so at the time i guess i saw the expression of that focus on holistic wellness not as a narrow focus on exercise but how should we be living our lives what should we be eating how should we be treating the earth and that's how i've stumbled upon agriculture and horticulture how can we be raising the types of food that we need to be you know in harmony with nature around us restoring the earth things like that it was heady philosophical ideals but it's part of the entrepreneurial part of the entrepreneurial dna that i believe is within me is to think big and to to take massive action to realize goals like that i had realized um you know in sort of the the process of trying to explore that what did that mean that i had a lot to learn and and i realized that i could apply some of that uh some of that thinking some of that problem solving to other areas in order to help me maybe realize those goals faster in other words no i think that definitely makes makes perfect sense so now you get into you know planner horticulture you get into landscaping you get into planting trees and other things and you do that for you know a period of time and then now you're saying okay i've done i've done that and you know what made you decide to shift a bit to get out of that and go more into you know marketing to go work at transcendental marketing so i think you started or that was your own business or you started that kind of what made you decide to shift in that direction yeah let me speak to that um so we've all been had difficult points in our lives and low points and i was at a point in my life it was lower because i felt like i was doing so much work and had so much energy and effort to give and and but it wasn't really paying off in terms of increasing um my my standard of living i was living for a period of time without health insurance because it couldn't really make ends meet or afford that bill and and sacrifices like that not being able to seek medical attention when you need to not being able to maybe like buy the amenities or purchase the type of lifestyle that you want so that type of struggle of realizing that hey i'm i have i have a long way to go if i can't even really afford my own health insurance what am i doing here i know learning these lessons about how to run a nursery and how to how to make like holistic wellness a reality is a thing but also i need to be able to watch out for myself so i think the pragmatic you could say like aspects of life kind of started hitting me a little bit and and i realized i needed to pivot or refocus in a way to take care of those because i started to see those more as a responsibility as i grew older gained responsibility so to speak but as a young single person we have a little bit more freedom and flexibility to go without those things starting to realize they were important i became a little bit more systematic on how i designed my efforts namely creating transcendental digital which is my first like digital marketing freelancing activity developing all the way up to what we do today which is outsource customer service for e-commerce companies so we run a service agency and but the goal in that has been the same of how can i you know take myself out of this low and dark place when i feel like i can't even really feed and protect myself what do i need to do to put myself in a better position to gain some of those things and worry less about them no i think that definitely makes sense so you kind of started out saying okay it's a grind i'm tired of just getting by i want to have a bit more you know doesn't mean i have to have all the money in the world but definitely being a bit more comfortable or at least having you know life taken care of so to speak until you started transcendental marketing or you know that the marketing firm and that grew and i think as we chatted a bit before you saying hey it was one where the business was growing but it was still felt like you're just getting by so to speak a bit and so it sounded like he kind of expanded services or pivoted and just a bit more to learning code and also e-commerce side of things absolutely so coming from a non-tech background i was starting to build websites for my own projects and that kind of caught on and that's a very typical entry into freelancing building and designing web pages websites things like that and it was my introduction i really loved it it matched my personality and and the clients i worked with were really appreciative and i was able to charge a higher rate than i was working at the plant nursery so i started to see this like okay this is nice but as with most freelancers quickly you learn time in exchange for hours is uh it has an end game to it there's diminishing returns you can only accept so much work with a full-time job even if you go full time into it so i started to see the stress of that a little bit and knowing i could only do so much and elevate myself so much out of that and i started to you know read and consume entrepreneurship materials and and the advice is always you know how do you scale your efforts how do you how do you think in processes instead of what i as the specialist can do how do i leverage my team and processes and technologies to to do this for me so that type of you know transcendental digital got me into that freelancing mind state how do i run an llc how do i file my taxes and then optimizing it from there okay i want to run a service business now with 10 people and a co-founder but the step up from a solo single member llc wasn't that far it was sort of the the graduation of the process no i think that all makes perfect sense and so now you kind of pivoted to tonight you know i think it makes this an actual transition a lot of things are going online so be able to code to better understand e-commerce definitely kind of expands your ability to in your offering as far as what you're able to marketing with digital marketing and all that so you kind of continue to go and down that road so that kind of brings us a bit today so if you're to kind of now look just a bit into the future where do you see things headed is it kind of continuing to just bring on staff grow they're going to go into new areas offer new services or kind of what's the next you know six to 12 months look like for you six to 12 months uh we're in e-commerce and and that field is dynamic and changing especially since uh kind of after covid and how it's affected everything so we're absolutely all in on the current venture seller smile there's a great need and it's exciting we're talking to very interesting brands every day small business owners that we're helping run their customer service there's a there's a bright outlook and we're really fascinated by it and it's really entertaining and energizing us as an organization i think what we see is like i mentioned going from kind of the freelancer single person hustling to the team i'm thinking about what's the next version of that we're trying to develop ourselves you know we have right around 30 clients when we go to 40 50 60 what does that look like not so as sort of the ceo kind of drawing that vision how are we going to be able to absorb stages of growth as you know demand increases and as the business grows i'm not sure how that looks and i'm not sure how much we're going to involve technology in terms of software or or just people but yeah that's where my mind is thinking growth but i want in that growth not just growth i want efficient growth and if it results in a new process or a new way of running things i think that's better no i think that's a fun and exciting place you know kind of figuring out what that looks like in your business and where it will evolve and figuring that out along the way definitely has a lot of fun or fun things to figure out so well that kind of is you know takes us a bit to your journey to get to where you're at today a little bit of looking into the future and definitely it'll be fun to see how that continues to evolve but with that we'll transition to a couple questions i always ask for the end of each podcast so the first question i would ask is along your journey what was the worst business decision you ever made and what did you learn from it the worst decision i made in my business was i worked without paying myself and this was two years after the business had ramped up its income to the point where it was supporting me we ran into a few issues in the business we lost a few clients uh some other concurrent issues and i decided to not take a pay anymore and looking back i read the book profit first by mike malkowitz and i was convinced at the time it was a heroic effort i was saving my business i was sacrificing this is the startup way i was earning my stripes come to find out after reflection it probably was a little bit of a short-sighted decision the easy way to fix the cash flow issue versus looking at the processes looking at our business processes rather how we screen clients who we add how we charge them how we screen and hire new team members so i think if i would go back i would definitely not stop paying myself but be much more rigorously focused on the root cause of the cash flow issue no and i think that you know that one's definitely it's one where it's easy to it's easy to you know to want to pay yourself last because you know in the sense that you're going you're saying i just need to get by a little bit longer i just need to you know get this up and running and you know i want to make sure that my team's taken care of and i think that those are all valid and definitely good reasons why you're going to um why you're going to delay getting payment yet on the other hand if you're not careful you're going to forever be paying other people and you're going to be running a business that you're saying you know you're always waiting to make that profit to be able to pay yourself but it can cause those issues to where it's not intentional but you're going to i think sometimes build a business that isn't going to work long term so i think that that one definitely you know makes sense as to why you make the mistake but also why you would you know what the the motivation is as to you know how how you got there and why you do that you know what's interesting we also had uh mike on the show several episodes ago he was on an expert episode and it was fun to kind of get his uh input on that as far as kind of you know some of the things that he learned and diving into a lot of the business so it was you know just as a complete site but i like love the the profit first book as well so couldn't recommend it more and awesome that you got them on not to take a listen that's just a short plug you haven't listened to all of our expert episodes they're great we've got a lot of great content but though um definitely as was a fun person to have on i think it's a great person for a great book and a great lesson to learn so second question i always ask is if you're now talking to someone that's just getting into a startup for a small business what would be the one piece of advice you give them put your goals in front of you and your fears behind you there's so much that has to happen in a business and it takes a long time it's years it's a marathon so you you have to find a source of motivation a source of inspiration and two of those sources are goals and fears if you can be motivated by those simultaneously i believe it's a powerful combination to keep doing whatever you need to be doing i think uh it's it's the stereotype and cliche that businesses fail because you give up or you quit and and there's truth in that but i think to make it easier on yourself as a founder especially really get clear on on you know why you're in it if you're listening to this podcast you're likely interested in jumping into your own business and you likely have reasons why you want to be doing that don't lie to yourself be very clear take time to reflect and get in a quiet place whatever you need to do because if you don't figure that out it's going to come out later likely and it's going to be a larger issue to solve perhaps so really figure out what are you afraid of what are you going towards and are you doing that with this decision to start a business if not and if through that questioning you come to a different conclusion being an employee at an organization is completely fine there's so many perks you know the grass is always greener but just think about ways that you might be underestimating the jump because it's more than just doing what you're a specialist at it's running an entire business and some people don't really contextualize that at all no i think that that definitely is a great piece of advice and i would i definitely encourage people to take it to heart well as we wrap up and just as a reminder we are going to do the bonus question where we talk a little bit about intellectual property and uh your number one question but before we get to that point if people want to reach out to you they want to be a customer they want to be a client they want to hire you they want to be an employee they want to be an investor they want to be your next best friend any or all of the above what's the best way to reach out contact you find out more you can go to sellersmile.com that's our business's website and i hope it's not uh wrong to say this but we are hiring we're growing so we have a join our team link take a look uh but yeah hit us up there uh or if you want to reach out to me directly that's thai t-y-g-h seller smile dot com no absolutely no or no no words about uh sharing and if you're hiring and uh people are listening and they they think they'll be a good fit definitely encourage them to reach out so with that as we wrap up appreciate him on the podcast and we'll still jump to the bonus question but otherwise uh for the listeners out there if you have your own journey to tell and you'd like to be a guest on the podcast we'd love to have you just go to inventiveguest.com and apply to be on the show two more things as a listener one make sure to click subscribe in the podcast players you know when all of our awesome episodes come out and do leave us a review so everybody else can find out about all of our awesome episodes and last but not least if you ever need help with patents trademarks or anything else just go to strategymeeting.com grab some time with us to chat so now we've wrapped up the normal phase or the normal part of the podcast and now we got to jump to the bonus question which is always fun because we get to talk a little bit about the topic that's always near and dear to my card turn it over to you turn the mic over to you so to speak what's your top intellectual property question my top intellectual property question has to deal with trademarks more specifically a word mark we deal with word marks regarding our clients usually they're physical products sellers so we're involved with them in that way the business we have today is called seller smile it's on the shirt here and the way we found it it way we started is it's one word seller smile although they're two words so we've combined two words to make a fictitious single word when we're thinking about filing for this word mark for this trademark should we be thinking about filing for this fictitious word seller smile as one word because does that leave us open to someone creating a business called seller smile with two words since it's different enough should we be filing for both of those to protect us how would you approach that yeah and that's i'll generalize it just to the audience a bit as well you know the question is because it comes up quite a bit there's kind of a few different questions that would really be in there one is you know if you have one word versus a space is that going to matter and answers it can matter and i'll get into a bit more and then the other question is also kind of whether or not you have you know you go for the design the logo versus the word because seller smile for people that are looking at the audio or look it up afterwards it also has you know the emote you know the semicolon with the the you know the smiley face type of a thing and so that's also has a bit of design our aesthetics and so the question also should you go for design versus go for the word so with that the easiest answer is go for what is the most valuable for your company in other words if it and how you're using it meaning if you're never using it with the space you can't get a trademark for the space because they're going to require you to submit specimens evidence of how you're using in the marketplace and if you submit it a trademark application with the space in it and you always use it without a space you're going to reject the specimen saying well you're not using it as how you filed so the one thing is is file how for everybody however you whatever mark you're actually using that's what you file on and now the question is now what but the hesitation everybody always has yeah but once if somebody does put that space in is that going to allow them to get around our trademark and then we missed out on that short answer is both of the time and 99 or whatever person i don't know 99 that sounds like it's fair like always but most of the time the answer is no it doesn't allow people to get around it because the the standard for trade what a cut or trademark coverage is what's called confusingly similar what that basically means is if somebody out where now the marketplace a customer or client were to see your brand and somebody else's brand it was a competitor that was using that would they be confusing to who is offering the goods and services so if you had seller smile and yours was all one word they had it as two then with you know likely very high likelihood of somebody on the marketplace wouldn't think you guys are two different brands they would likely get confused because they're gonna say it looks like it's the same company and they're especially if you're offering the same or same or similar types of goods and services so with rare exception you know whether or not you have a space or not or don't have a space or a dash or you don't have a dash for those type of things most of the time that confusingly similar standard unless they can make a very strong argument that customers would think that there were two separate brands and there wouldn't be any kind of confusion you're likely covered so it also could be the same thing if one's if they have a very minor spelling variation ones that they call you know they spell cellar with one l or something slightly different most of the time again it's going to be confusingly similar second part of that question and then i'll pause and see if you have any other follow-up questions is um if you're going design mark versus word so design mark for all of you out there including uh you know you as well is basically the aesthetic nature of what you're doing in other words the look and feel of your logo usually it's a logo or design that doesn't just it's not just a word but it has design aspects so you think of the nike swoosh that's a that's the design mark you think of starbucks with the mur you know the green mermaid on the side of the cup that's going to be a design mark you think of even your seller smile with the emoji here you know the emoticon on there that would be a design and so that one is one where you you can protect the design you can protect the work now the question also comes up is which one do i protect first now if you have the budget i would usually say you protect first and it gives you the broadest level of coverage if you're saying i don't have the budget to protect first which one should i protect simple answer again is whichever is the most valuable to your business in other words if everybody is really identifying you based on your logo and that's what you're pushing that's what everybody sees and it's more of you know the starbucks mermaid or the nike swiss where they're more identifying the design aspects not necessarily the word then you protect that most of the time people are going to associate it with the word of the company in other words if they're talking if they're writing it out if they're talking about it if they're you know looking at the url or they're searching for it they're going to search for the word and so most of the time word the word mark provides the broadest level of coverage for your trademark if you're happy to decide between one or the other so that gives you a little bit it's a much it's a great it's a fun topic to talk and i could talk all day about it and i'd probably be the only one that enjoyed it but i would enjoy it but that gives you a little bit of insight as to uh it's the trademarks and how you might deal with them and how you go about approaching them does that all make sense any questions on that that makes sense and it confirms what i suspected the word mark being maybe a little bit more of the first choice if we're just going for general protection and um and using in terms of creating confusion in the marketplace i think that's that makes it clear to me if someone used the space i think it's clear that it's confusing so yeah thank you so much absolutely so well if you or anybody else any of the listeners have any questions anything else comes up and you'd like to grab some time with this chat just feel free to go to strategymeeting.com schedule some time on the calendar and always happy to help and answer any questions you or any of the listeners might have with that we're going to we'll wrap up the podcast thank you again ty it's been fun it's been a pleasure to have you on and wish the next leg of your journey even better than the last thank you devon [Music]

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Start-Ups Are Marketing Projects

Start-Ups Are Marketing Projects

Jeff Seckendorf
Devin Miller
The Inventive Journey Podcast for Entrepreneurs
7/31/2021

Start-Ups Are Marketing Projects

I believe there are two reasons to do a start-up. One is you are passionate about something. You want to do a company and, you are willing to ram your idea down the throats of potential clients. That was UTD. The second reason is you see a niche and, you fill it. And that is, coach me strong. So I have had the opportunity to do both of these. You're passionate about something. Create a new product and try to market it. Be open to a niche. Create it, fill it, and then try to market it. The commonality of those two things, it does not matter which one you do if you are willing to go the long road for either one. The commonality is business start-ups are marketing projects.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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ai generated transcription

believe there are two reasons to build to do a startup one is you're passionate about something you want to do a company and you're willing to ram your idea down the throats of potential clients that was utd the second reason is you see a niche and you fill it and that's coach me strong so i've had the opportunity to do both of these right be passionate about something create a new product try to market it be open to a niche create it fill it and then try to market it the commonality between those two things it doesn't matter which one you do if you're if you're willing to go the long road for either one the commonality is business startups are marketing projects [Music] hey everyone this is devin miller here with another episode of the inventive journey i'm your host devin miller serial entrepreneur has grown several startups into seven and eight figure businesses as well as the founder and ceo of miller ip law we help startups and small businesses with their patents and trademarks if you ever need help with yours let's go to strategymeeting.com we're always here to help now today we've got another great guest on the podcast jeff second door and is a quick introduction to jeff so jeff was a what he would say is a child photographer so he all throughout his younger years love photography and works for a local newspaper starting at 17 and then moved around with a couple additional papers i moved over to television news and did also learn how to do uh move from photography to cinematography uh moved into commercials on their commercials on film and i think that over a thousand tv commercials had an opportunity to come along um or had an opportunity to come along to do scooter and get into scuba i thought that sounded fun and interesting built a business with a friend for a while they ended up splitting up for a bit and then also learned a lot on the i.t and technology along the way um and then had a friend that got into parkinson's and also had with opus shut down so i moved over to scuba i moved from scuba training into parkinson's exercise regimens and then now is running i think both the scuba business as well as uh exercise regimen and parallel so but that much is an introduction welcome on the podcast yeah great thanks devin great to be here so i gave kind of the quick second run through a much longer journey so why don't you take us a bit back in time to starting out as uh with your love as uh photography as a child and how your journey gets started there yeah i was a kid photographer right so my uncle gave me a it was a hawkeye brownie camera when i was a kid and you know i played with that we built a dark room in my house so all through my childhood i was doing photography and uh and like you mentioned earlier ended up on a local newspaper moved on to wire services upi worked for the new york times newsday all that kind of stuff and then at some point shifted it over to moving pictures through tv news and then went on to do commercials from commercials i went on to do movies now slowing down just a bit because of that into quite a bit of your journey so you know you started out just kind of as for fun as a kid as a photographer you know doing photography and then at 17 worked with the you know started i think he said is a newspaper as a photographer yeah so i assume but you can fill me in that you went straight from graduating high school right into the news industry is that right yeah i wasn't even graduated well all right um now did you graduate high school i did graduate high school yeah i did finish it um you know i massaged that to my own needs a little bit but i did get a high school diploma out of it and then um but i was basically going to like high school in the morning and then driving to my job as a newspaper photographer for the rest of the day and i did that for a couple of years well not a couple years until the high school thing was over so high school now high school finishes you said okay i already know what i want to do already kind of know my passion why you know college isn't going to working in the work world getting experience and going down that path is probably the you know the better suited path for you so you get into newspapers and how long did you work for newspapers um i had a still photography career for about 10 years it was a little more interesting than that too because i was accepted at syracuse university in the photojournalism school and so i got on my little motorcycle and i went to syracuse which is i don't know three four five hour drive stayed with some friends who were there toured the uh the journalism school and um they told me that your first photography course will be in two years and i'm like at that point i didn't understand that photography courses was the least important part of it so i turned around i went home i went back to work and i kept my career moving that way if i skip ahead a couple of decades when i was teaching filmmakers at the rockport college and the main photographic workshops they would always ask me where should i go to film school and my initial or my always answer was all they're going to teach you in film school is how to make movies in film school so if you want to go to college and make movies do something that's productive to become a visual storyteller at that point so that would be you know go get an art history degree go get a you know bizarre european philosophy degree learn to think learn to see how the world thought throughout history and then apply that thinking that process of thinking to your own storytelling and that's i think that's the road to filmmaker better than you know learning how to put film in a camera and learning you know that kind of stuff um no that makes sense so so you now see you make have that realization you start get into syracuse you're going to go down that path and said well i don't know if i want to wait two years to actually get any experience if this makes sense so you got into did newspapers for quite a while now what made you switch kind of from doing newspapers over to television news and then to doing commercials so that was that followed a lot of what happens in my career which um is basically serendipitous so i was um kind of looking for a job you know i've been freelancing for a long time i was kind of looking for a job something to do some t you know i had a journalism background you know i worked for upi and all these other papers um and so i just stumbled into my local tv station in albany new york and they hired me i was kind of the last photojournalist to get hired to become a news cameraman at that point and from there they were taking people straight out of journalism school but um so i did that for a couple of years and was just bored every day just couldn't get interested in it somebody along the way asked if i could shoot a commercial for them and i had all this video experience and editing and stuff like that so i said yes i did this little commercial went pretty well and from there i moved that into a few more and a few more and eventually i was able to leave the tv station and become a full-time freelance basically a production company in video and then the switch to film was really simple because i had this huge background in film as a stills photographer big background video as a news photographer putting those two together and starting to shoot commercials on motion picture film was a very small step and then that of course led to this long career in commercials which led to boredom which led to before you dive off the commercials any just for the listener audience or tangentially or related to your journey any commercials that people would recognize or remember or have probably seen so this was in the 80s all right so for the people in the 80s i did you know i did crest toothpaste i did saranac beer i did uh the new york city ballet um tons and tons of regional cars and banks and you know we did the big honda dealer group that was in upstate new york so things like that i had a a really solid niche in big regional commercials most make the most money have the less the lowest stress right for a pretty stressful that sounds like the perfect mix more money less stress stress and get to enjoy it more so yeah now you did commercials and how long did you do commercials for i did that for about 10 years um and then i kind of stopped carrying what kind of soap you use so whenever you did as many commercials as would get you excited you get to the end of the ten years and say okay all the commercials that i used to find exciting probably aren't exciting so at that point as you're kind of worn out or you kind of reached the end of the interest level there how did you decide what you're going to do next or kind of what that next base was was that hey i'm just going to take a year off take a sabbatical go enjoy life for a bit was it kept doing it but started to look into different things or kind of how did you decide yeah yeah it was it was so first of all the trigger to get out of the commercial industry there was i i remember this like it was yesterday even though it was i don't know how many years ago starting to do budgets and only caring about the bottom line you know i'd get storyboards in i'd build a budget and i'd look at the thing and say okay my profit is going to be x and that's cool and that's when that started to drive me other than the creative development the working with the advertising agencies the energy of being on set all that when that shifted to uh just being able you know just saying well all right so here's a hundred thousand dollar commercial i'm going to net off this how cool is that that's when this it triggered off and um so then there was another complete left turn and i was in the middle of building an airplane in my garage i'm a lifelong pilot and flight instructor and so i went to the people who made the kit of the airplane i was building and i thought why don't i just go sell airplanes for a couple years and that company was relocating to bend oregon i went to bend visited didn't see myself settling there turned around came back got home got on the phone called a friend of mine who i had done a short film for during my commercial stint and said hey i'm thinking about just getting out of commercials and into movies and he was like good timing so that led to um a movie that had a huge fabulous history called judy berlin that we made with director eric mendelson with and and that so that was my first feature film and i was the director of photography on it it was madeline khan edie falco barbara berry bob dishy it was a huge cast it's a small independent movie we shot it in black and white it won the director's award at sundance it was it can it movie went everywhere and so that kind of kicked off again this this right place right time which i know is frustrating for people to hear because how do you get in the right place right time but i think if you do enough stuff and you do it with the idea that you know if you do what you love the money will follow those right times and right places showed up and that happened to be now the thing about that movie was of all the movies i've done i did subsequently that one was the hardest not only because it was my first and the budget was small and the cast was amazing so the the the need to be perfect was high but it was just hard it was like it was like a bike race hard it was just hard so none of it none of this work came easily even though the jobs kind of came the work was never easy and i think that's a really important piece of it that if you're going to do this especially today right where there's so much help and technology and and maybe even a little reduction in quality overall of creative work that's being put out i think you just have to be willing to say okay i'm just going to work as hard as i can possibly work i'm going to ride this bike race as hard as i can possibly ride this bike race no and i like that i think you know the right place right time i also think it's everybody can you know every it always sounds like you know right right place right time like you just fell into the one you know a couple things to hit on is one is that you're cultivating different interests and always there you know been doing things outside of just your normal employment we weren't solely focused on that to the exclusion of everything else such that you had other you had interests in airplanes and then you were also networking talking with people seeing what else was out there i think you know when those opportunities come along if you're prepared then it seems okay i was just right place right time whereas if you weren't prepared or you didn't have that willingness to explore and other interests and always they're working on you know other things you would have never been even at that right place right time to come along you wouldn't have been prepared and you wouldn't have done anything with it anyway so i always say that why right place right time you know does have a part play a part into it it's also that preparation and within being open to it as well and i think the other thing is to go through life never burning a bridge right because you know we had a joke in the film industry that said be nice to them on their way up because they're going to hire you on your way down and and it's kind of true right i mean i ended up working for a lot of people over the years who i helped their careers at some level throughout and then you know they turn around and they bring me back on so so that um no and i and i love that because you know it's one of those where it's always easier you just especially if it's you're not partying in good terms or it feels like they you know they leveraged you and you know or they you know they left you in the the you know left you behind or anything else it's always there's always that temptation to have that self-gratifying moment where you just tell them what you think can you tell them off or anything else and while it feels good for that slight amount of time it always burns the bridge and you can it's much harder to ever rebuild a burned bridge if you even can then if you just swallow your pride or you move on or you congratulate them or you continue to support them or anything else because you never know how things will connect later on and it's always easier to have those connections as you said when you're going up or they're coming down or either you know whichever direction people are going if you leave that bridge intact even if you think you've been wronged or you you know you it wasn't fair or anything else i think it always preserves a lot more opportunities especially now because the world has gotten so small i mean you know what happens in vegas shows up on facebook so it's like you know you can't dodge a burnt bridge any longer it's you just can't dodge it no i completely agree so so now getting back to your journey so you've done you know all up until now it seems like you know they kind of all made sense he did photography then he got into television he got into commercials he got into a bit of movies which all kind of have that cinematography that artistic the ability to you know create something and to bring it to you know fruition and then you jump over to scuba diving which does seem like a fairly drastic jump from what you were doing so how did you go from all you know all of the creative side to and i'm sure there may be creative in scuba but i don't think of it quite as much how did you get into scuba diving kind of what triggered that and then how did that kind of or work out for you so throughout all of these things i've done up until that point every iteration of my career had an educational component so in the film business in the film industry i was teaching i spent 24 years teaching um at the rockport college and the the main the main workshops and it was a vital part of my life for you know a couple of weeks or a month or two every summer to go up to this place and teach film workshops and teach up and coming filmmakers how to really you know do the best job they can most efficiently and i i moved that into a mentoring company in the film industry that i had for many years it's still open um called one-on-one film training and we were basically um we were basically training emerging directors on visual storytelling and that worked out to be another educational element and that sort of pushed me into the mentoring coaching world i've been a lifelong flight instructor so i had that element and i was teaching air competition aerobatics and coaching coaching and pilots and uh and i was also a scuba instructor just because i mean we can start we can talk at some point about the master's journey right the master's journey to me is a very simple road right it's discovery training practice and teaching right it's four elements to any journey so in order to get to the end point the most important thing is to find a way to teach in any industry or any any discipline to actually get to a point where you can explain things properly bring people along create retention in the film in education and so on so that journey happened to me over and over and over it happened in the film industry right discovery training practice teaching happened in flying discovery training years of practice flight instructor it happened in scuba discovery training practice scuba instructor now scuba instructor trainer so when you look at any of these industries that i've been in or any of the journeys that i've taken or you know anybody who's taken who really wants to get to that point giving back teaching bringing people along is always wants to me be a huge part of the progression to get to the point where you get this this mastery level so when i was trying to figure out a way out of the film business to go back to your question and i did had one producing partner said to me one day that you know you spent 20 years trying to get into the film business in 20 years trying to get out um because you know that for for 95 of the people in the film industry your full-time job is looking for work and your part-time job is working so i wanted a real job or a real a more real job so um i had i was working with this guy and he was a high-end scuba instructor and you know through a lot of machinations and conversations and craziness we decided to start a scuba training and certification agency which is still that was 12 years ago and it's still maybe 13 now it's still running it's called utd scuba diving formerly unified team diving and for me it was didn't matter that it was scuba it could have been rocket science brain surgery auto mechanics i didn't care i wanted a company that had a big strong education component to it i like scuba good at it an instructor and it seemed like the place where we could really make a difference by taking a traditional scuba training model putting a completely different spin on it making it a boutique agency with a different mission than most scuba training agencies and then build that out as an education program so so i brought in a lot of the education component my partner brought in a lot of the scuba intellectual property and and uh it ran well for for pretty long time and then i call it that question follow the question maybe you touched on briefly but what made you decide to get out of the film and i get the educational aspect and that's kind of a commonality throughout but what made you decide okay i'm kind of done with movies and film and photography and i want to switch over and do something different still you know the educational and having that aspect but what was kind of that trigger what you know was it something planned it was something that came along they thought would be fun kind of how did you make that change you know it was the same as as kind of everything else right it was a serendipitous moment where this opportunity presented itself you know where the stars lined up for that but um you know i done photography and cinematography and directing for i don't know how long right since 1973 until we started this thing in 2008 so i was kind of like ready for something else right i mean i was having fun it was good and i was just ready for something else so when this came up i mean of course there was an overlap right i was still making movies and still you know doing the education thing but yeah it just seemed like an interesting target to see if we could pull this off as a startup and it turned out to be yes so now you get that in and you had your partner and you worked with them for a good period of time now i think that at one point you know so you build that up and i can't remember eight or nine ten whatever amount of years and you're working with the partner and then what kind of made you guys decide to split or go different paths and how did you decide which path he would take which path you would take and kind of how did that all work out so the company had two divisions it had a training scuba company a training division and an equipment division i i was never a big fan of the equipment division i think when you take a company like ours that had an income stream that was completely passive right we're basically a digital publishing company and you add in stuff it complicates things right because you know if we ran out of this one thing in a size medium and we had an order for one we had to order 50 or 100 or 200. so the cash flow issues associated with maintaining a small company with a big equipment catalog became challenging and taxed heavily the training side of it so um you know i gave some thought to should i exit the scuba company and you know i looked around for someone to buy my half of it and so on and and um you know looked at other opportunities was it a good exit time was it not a good exit time zone so we got to a point where um you know my partner was going through some changes also and we had the app you know we had lunch and it was like why don't we just close it you know let's just close it and be done but a lot of people were relying on it right a lot of instructors had left their other agencies to work with us and it just didn't seem like a responsible thing to do to the people we've impacted over that decade so we came to this agreement where i would take the training company you know it's no secret i bought it for a dollar and he would take the equipment side and there's no secret he bought it for a dollar we separated them out it was pretty amicable and um you know we did a bunch of legal stuff to create new companies new corporations and um and it gave me a chance to clean the slate on technology so i was able to start the company run it the way i wanted to run it focus on what i wanted to focus on um build it the way i wanted to build it and uh yeah just kind of move it forward and that was just a year and a half yeah just a year and a half ago january 2020. so the company was kind of reborn rebirthed and you know i'm having fun i'm still doing it i'm having fun i love it you know i i dive a desk a lot more than the water but it's okay because it's fun and i know and i think that's and i think that they're you know a lot of times you get in there with the business partner huge have different strains so you can leverage different things that you can do but you also sometimes say hey as a business grows and it starts to go different directions different you know different founders their partners have different ideas and directions and you can either kind of continue to butt heads and sometimes uh head butting can make their business grow and you know it can push it and you know you have someone to really back in so to speak but other times it's just saying hey we just want to go through different directions it's probably better to amically split past rather than continue to have that internal consternation within the company that sounds like that was the best decision for you guys now the last part of your journey is also you got into what would be parkinson's exercise regimens which how did you get into that because that you know that at least seems like it has the same teaching aspect to it but part you know cinematography to scuba dive parkinson's are all fairly desperate so how did you get into that that aspect of the of your business yeah there's a thread there for sure and again you know you have to be able to say yes to the universe when something drops in your plate i think that's the most important thing right so and we talked about this earlier that you know serendipitous doesn't mean magic it means you've worked in a direction for a long time and when an opportunity comes up you recognize it and say yes so what was happening on the parkinson's thing is um i had been doing quite a bit of work for the local parkinson's association through friends and and so on and um so i'm doing their website and i was doing their email distribution a little bit of marketing and and uh quite a bit of a video production for them because i still keep my hand in that on little small projects so there's that piece of it and then on this corner there's that i'm a long time bicycle racer and and a coached athlete now in the masters division so i race a bike at the on the track at the national level and have had coaches now continuously for i don't know 10 12 15 years as i've been getting you know better and better at this as i get older and older so i have that piece of it i understand how to be coached i had the training and mentoring program so i understand how to coach and i was at a parkinson's association in san diego board meeting and one of the right when kovitz started and with with parkinson's you have to exercise it's the only known therapy to slow the progression of parkinson's uh so with covid the gyms closed the programs closed and people were just literally left in their homes and told by their doctors their movement disorder specialists you have to exercise but at that point nobody really knew how because there was they were going to pilates and boxing and this and that and the other thing now there's nothing right so all of a sudden people are walking 20 minutes a day calling it exercise and getting worse symptoms worse and worse and worse and worse so i was at this meeting for something else and i and i have to back up just a tiny little bit i took in scuba one of the things i did in scuba was i created a coaching model to supplement teaching so you can do a in utd you could do a scuba course or you can take on an instructor as a coach and they'll take you through scuba training over a long period of time with lots of peripheral stuff to it and i used my athletic training model for that in the parkinson's association meeting i said look i have this model set up in the scuba company for coaching i have this experience for decades as a coached athlete why don't we put it together we'll make a coaching program for these people who don't know how to exercise don't have gyms it'll all be online they can exercise in their homes and you know that crowd of people were like yeah do it just do it so i grabbed a partner um from the parkinson's association good friend of mine has parkinson's was not a chronic exerciser but knew she had to and you know we discussed how to make this how to create a program for people that would give them all the benefits of athletic coaching without the stress of having to compete because parkinson's you're competing every day right you've got to train it's the only thing that will stop or slow these symptoms over the course of a lifetime so we came up with this very simple really simple model the same model that endurance athletes have been using with coaches for years there are a couple of pieces of software out there that manage this we came up with a name that i still love called coach me strong uh we grabbed one of the online training software packages called today's plan which is a fabulous piece of software and an amazing company more importantly than the software they're an amazing company customer service development attention to detail all that's been incredible so i took a third party piece of software put it together with a what i think is a great name a solid partner and a built-in constituency and we built this thing out in like six weeks website software i got coaches who had worked with parkinson's patients for years physical therapists exercise physiologists kinesiologists we train them on how to do structured training to give them the the workout part the clients sign up they pay a monthly fee they get an online calendar they get an online communications thing with their coach they talk to the coaches every day and people started getting better and it was awesome i mean it was awesome to see it go so you know the company has been doing really really steadily great since may of 2020 when it opened and um now that gyms and stuff are starting to open here and there we have no sign of slowing down we're just incorporating those facilities and programs back into our clients training we've expanded it to three different constituencies so parkinson's is its own constituency it's kind of where the roots are and then we we also have a constituency constituency of other neurologically challenged people so that would be ms alzheimer's traumatic brain injury stroke things like that again people who need to exercise but don't know how and then the third constituency was based on care partners but it's really anybody who is kind of getting older who again needs to exercise wants to exercise but doesn't know how and that's the constituency we're calling geno w it's kind of the baby boomers but i hate that silent generation that's 1929 and prior we have clients that old i it just needed a name for it there's gen x gen y gen z's and q's and whatever so i just came up with geno w for generation older wiser hey i like that no i think that's very just that sounds like a lot of uh fun opportunities a lot of fun things that you've been able to accomplish and continue to be able to work on so that kind of brings us to up to kind of where you're at today and kind of what thing or how your journey got to where you're at today and always tons of more things that would be fun to talk about and never quite have time to but as we start to wrap towards the end of the podcast i always have two questions that i that i ask so we'll jump to those now so the first question i always ask is along your journey what was the worst business decision you ever made i wanted to learn from it so unfortunately that's an easy one when we started the scuba company we couldn't find software to run it that met all our needs right education delivery system certification tracking and so we made it so we bankrolled um a giant software company which again you know the utd didn't really have the money for it but we did it anyway and we put personal money in it and we built this huge huge software package at a time when software was fracturing right people were going to very specific things that's education that's certification that's calendar that's communicating we just put the whole thing in one giant package and it was like building you know a 600 foot long truck on a volkswagen frame it just didn't work we spent so much money so much time it was such a disaster i didn't know anything about software development it was a train wreck we called a train wreck with a capital r when i rebuilt utd so now you're asking what i learned from it when i rebuilt utd a year and a half ago when i took it over i went 100 third party software and it's amazing so if you don't know what you're doing buy it don't build it that's my advice no i think that's a good it's a hard one it's a hard balance sometimes you know and it's an easy mistake to make because sometimes you're saying oh the sock rather just it's terrible or doesn't work or doesn't it calm what we do or clients aren't going to like it as much and so there's a temptation to build and sometimes building it can be lucrative you can build something that really makes sense and really works but other times as you found out it can be one where it's a money pit that it's always taking longer and you get to the end and it's really not that much better or it's not doesn't have the value for what you had to put into it or software evolved so quickly that people already moved on or they're better third-party things and so it's one way you always have to balance i think to your point of do you build it or do you buy it a lot of times if you can buy it it saves a whole lot more um you know time money and effort than what you can get out of building it so i think that that's definitely a great takeaway second question if somebody were just getting into a startup or a small business would be the one piece of advice you give them so if you're getting into a company we talked about this before we actually before we did the recording right i believe there are two reasons to build to do a startup one is you're passionate about something you want to do a company and you're willing to ram your idea down the throats of potential clients that was utd the second reason is you see a niche and you fill it and that's coach me strong so i've had the opportunity to do both of these right be passionate about something create a new product try to market it be open to a niche create it fill it and then try to market it the commonality between those two things it doesn't matter which one you do if you're if you're willing to go the long road for either one the commonality is business startups are marketing projects they are not widget selling projects they're not publishing projects they're not scuba training projects they're not coaching projects they are marketing projects if you're not prepared ready prepped and educated on the marketing side you can make the world's best company the world's best product the world's best gizmo and no one's going to buy it if they don't know about it so i think going into any project you have to look at every single thing as a marketing project it's why i screwed up in the film industry in terms of uh that full-time job is looking for work and part-time job is working because when i was looking for work i didn't realize that i was the marketing project no i think that there's a ton of wisdom in that you know everybody thinks i'll build a better mouse chat but build a great product which you definitely need in a company if you don't have something to sell then you're not going to sell anything but if you just simply go and naively thinking oh if i build it they will come and if i make a cool product they'll come banging down my doors and you know i think you get that kind of when you watch the television show they're shark tank or in the movies or anything else because that's how it is always portrayed oh you build it they fast forward and now you're a big success but they always leave out you have to launch it you still have to make it you'll have to actually do something and i think there's a ton of wisdom and you have to be prepared to market your own product you have to be prepared to figure out who to sell it to and how to sell it to them and how to get do all that aspect otherwise you can build the best product and it will still never go anywhere yeah yeah it's interesting right these are things that you know maybe if i went to college i would have learned that but i think there's plenty of people who went to college and still never learned them others didn't go to college i learned them a lot better and vice versa so it's one of those where i think that you know a lot of times we get help you know and i'll give you an example attorneys are the worst of this because i think oh if i can just a really good attorney that's all it takes to make it in the you know in the legal industry because everybody just wants my expertise as an attorney you have to be willing to sell you know you still have to be even as attorneys selling all the time you have to be figuring out how to find new clients how to bring them on how to keep them happy how to land new business and those are the attorneys that are more successful than just the ones not that you don't need to know the law but if all you know is the law and you don't figure out their other aspects it's going to significantly hamper your your career path so i think that there's definitely a great aspect there on that note this is a reminder we are going to do talk just a little bit about intellectual property after the we wrap up the normal part of the podcast but before we do that if people want to reach out to they want to find out more about you know your scuba training they want to they have parkinson's and want to find out about the exercise regimen they want to be a customer they want to be a client they want to be an investor they want to be an employee they want to be your next best friend any or all of the above what's the best way to reach out contact you find out more yeah so the two companies it's coachmestrong.com and utdscubadiving.com pretty simple all right makes as simple as that well i definitely encourage people to reach out find out more and a lot of a lot of great experience uh whether it's for any of the or for any of the businesses you offer or any of the knowledge that you have well thank you again for coming on the podcast it's been a fun it's been a pleasure now for all of you that are listeners if you have your own journey to tell and you'd like to be a guest on the podcast feel free to go to inventiveguest.com apply to be on the show we'd love to have you two more things as a listener one make sure to click subscribe in your podcast players so you know what all of our awesome episodes come out and two leave us a review so everybody else can find out about all of our awesome episodes last but not least if you have any help patents trademarks or anything else go to strategymeeting.com grab some time with us to chat so now as we've wrapped up the normal part of the episode we always get to switch gears a bit and you get to take the driver's seat and ask a question so with that i'll turn it over you to ask what or ask your number one intellectual property question yeah so it was really interesting when you presented this as as an opportunity for me to get a little free advice out of this thing um i'm always careful about free advice because i know how i know how valuable free is you know we always called free the other f word but um i have a question that has haunted me for many many years both in scuba and in even the coaching business is if i trademark something or if i patent something knowing that i don't have the resources to defend it what's the point no i i think that's a fair question is one that a lot of startup small businesses often grapple with because you're saying okay let's say i go get the world's best pack or the world's best trademark and it's very valuable but i'm still sorry for small business and i have the the goliath come along right and they're going to come along and they're going to just simply run over the top of me they have the money that they can exhaust it in court and even if i'm in the right it's still i'm still not going to be able to enforce it which i think there's a a ton of truth to that so there's a couple things if if that's the only reason you're going to do it is i'm going to take on the big guys i would say you're probably better at this point to hold off or to invest in other places because that's probably not going to give you the return on power now with that said there's a couple other areas that i would look at one is you know not all businesses are going to compete with you are going to be big businesses you know you may have another startup for a small business or a competitor let's say you're in california and somebody down in florida starts to scuba you know scuba business and they're also a smaller small startup but they start to infringe on your name well for the smaller businesses you all you're in a much better position you can you know you can get them to whether it's a cease and desist or you can start down the road of suits and they're not going to want to get into it anymore than you are because they don't want to spend all their funds on that either so it does have some value on that end um another one you're always looking at is with start or with big businesses let's say a couple things one is that there's always a competitor to a big business you know apple has samsung you have uh nike that has adidas pepsi has coca-cola and so almost indefinitely you're gonna have a big business to have the competitor and if one big business comes and starts you really knock off what you're doing a lot of times what you do is you leverage that and say okay i'm gonna go to you go to their competitor and say i'm not in the position to enforce this but your competitor is finding that we have a lot of value in the system or this brand or whatnot why don't you take it over you acquire your license from us and then you do the work of enforcing it because they're looking for that competitive edge another thing that you can always think about is it also is building in an asset to your company so you know one thing you're always thinking oh this is just the ability to protect it but if you're putting in a ton of time sweat and money and effort to build something whether it's a brand whether it's a patent then you're also going to say well now what about in five or ten years when i go to sell it or i go to get acquired or i do a merger or an acquisition or licensing and they come and say well that's great you build a good system now what is where's the value of your business is it in the brand that you built is it in the product that you build is it the customer loyalty is it in the customer list you know kind of what is it a lot of times you're able to monetize and say no here's our asset we built a good brand we have the protection there and as you so many mergers you know wants emergency acquire you you want to sell your business you want to retire you can get a better evaluation as an asset not just as a something that protects you so those are a lot of them across the board but i hopefully give you at least a little bit of an insight as to other ways that you're going to leverage your intellectual property aside from just protecting it from a much bigger competitor yeah i think it's interesting devin i think that that's probably the clearest i've ever had that explained to me and we have had that exact experience where people have just basically taken our scuba standards and procedures put their name on them and opened up a scuba training agency and you know it just feels like you know between international law and everything else it's just such an overwhelming weight to say how do we fight this thing and you know we try we try you know simple letters and things on our own but um that's an interesting it's it's been an interesting uh conundrum for me for many years so it gives me some more food to think food for thought in in terms of how do we know i think it but i think it highlights definitely you have to think about that and plan for it ahead of time all you're doing is saying well somebody told me i needed a trademark and i'll go get it just because they told me to and you don't have any idea how you're going to leverage it why you're going to use it or what it's going to be good for and then you probably shouldn't get it at least not to the point that you understand it and then you should be saying okay here's the point of our roadmap where it's going to make sense as an example if somebody else were to file a trademark first you know when you use branding and they come along and say hey this is you know this is a good brand i'm going to file on them first and then they box you out of your own business so not it's not only just protecting you mothers competing but now somebody else is stopping you from using your own brand and that's a much longer discussion but then you have to say okay i've got to also look and say if i had to rebrand if i had to do something else would that be easier or more worthwhile or would i'd rather be able to have that protection so even if somebody does come along copy they're not boxing me on my own so there's a lot of strategy but i think the point is is to kind of get someone that can help you explain it understand it be able to work your way through it is as much value as anything else so with that we're going to go ahead and wrap up the podcast and it's been fun to have you on i've had it was a great conversation and uh if you or any of the audience have any other questions now or down the road if you ever want to ask any other questions about intellectual property go to strategymeeting.com grab some time with us at chad always happy to help in the meantime wish the next leg of your journey even better than the last you

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Commitment And Perseverance

Commitment And Perseverance

Kelly Githens
Devin Miller
The Inventive Journey Podcast for Entrepreneurs
7/30/2021

Commitment And Perseverance

This Ranger Instructor looked down at me and goes are you committed? I looked at him, and I mean, my face is muddy. I have stuff in my eye that I am trying to get out. I am hacking up stuff and, I say what do you mean Sergeant? and he goes look a chicken is dedicated because he gives an egg. A pig is committed because he gives bacon. He goes do you understand the difference? And I said, yes I do. I have never forgotten that and, those are words I still to this day live by.

 


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this ranger instructor looked down at me and he goes he goes are you committed and I looked at him and I mean my face is money I I got in my eye I'm trying to get out I'm hacking up stuff and I said what do you mean what do you mean sergeant and he goes look a chicken is dedicated because it gives an egg a pig is committed because he gives bacon he goes you understand the difference and I said yes I do and I've never and I've never forgot that and those are kind of words that I that I still did this day I love mine [Music] everyone this is devin miller here with another episode of the inventive journey I'm your host devon miller the serial entrepreneur that's grown several startups into seven and eight figure businesses as well as a founder and ceo of miller ip law where we help startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com we're always here to help now today we have another great guest on the podcast kelly giffins if I if I can pronounce it right and just to introduce you a little bit to kelly so he was born in portland Oregon went and got an undergraduate degree in from Oregon state in business and also played a bit of basketball for a couple of schools while going through college then enlisted in the army rose to an officer level um and then was reassigned in 85 did some work in saudi arabia and then in the 90s I got into stocks into real estate wanted to become a millionaire and figure that was a way to do it um and then started out doing appraisals to learn the ropes um frust or got frustrated about the meltdowns of the market wrote a couple books on that and then was talking with someone else about the real estate markets and in far away markets and decided to take a look into how you start go about or go about evaluating the different properties and created a tool and that kind of leads him to where he's at today so if that much is an introduction welcome on the podcast kelly thank you devon so I gave kind of the quick 30 second run through of a much longer journey so maybe if we can go back in time a bit tell us a little bit about how your journey got started in business school and the basketball in the army and we'll go from there I was going to say you pretty much summed it up I think the interview is done isn't it well if that's if that's the total extent of your whole journey in your whole life then 30 seconds is a very long time so well why don't we dive in and we'll expand a little bit more on things you got it my background tried to try to encapsulate it I'm a portland Oregon boy um grew up grew up in portland high school undergrad degree was at Oregon state before that my journey was primarily I think my major was chasing girls with minors in basketball and a distant minor in business to that effect to try and get through school I kind of scratched around like everybody did everything from a commercial fisherman to tro truck driver to bartender spent a year in Australia working on a sheep and cattle station that didn't work out real well um and then finally that dawned on me I had an epiphany after the Australia venture and that was like I'm never gonna have a job worse than that and oh by the way I think I need my degree so finish that up was influenced by the people that that surrounded me and I looked at my peers and I decided to pad my resume I would become an officer in the army and had some super interesting jobs there and had a real crisis of faith at the at the nine year mark and that's basically where they take out part of your brain and give you oak leaf major clusters and yes a couple of the jobs that I had there that were just super interesting um I was a general's aide I got to um I got to command a rifle company which is basically leading 128 shooters and the last job I had was super interesting I worked at a computer center in Texas and unlike al gore I actually did get to work on the the backbone of the internet at that time it was called the defense data network sponsored by darpa and I was a telecommunications officer and system security officer um for the facility and then things led onto things and I wound up not really by choice but more by accident spending a couple of contracts in five years in saudi arabia came back and finished up my masters and at that time I was trying to figure out what to do with the next stage of my life and I read an article in the wall street journal about at that time was about the savings and loan crisis and they said they were having a hard time finding qualified appraisers and so I kind of kind of tied that together with being the best investor I could which was kind of a glaring flaw in my logic but now let me just ask one thing because so just there are a couple curiosities just with your journey sure when you went into the army to get you know kind of had the resume get additional leadership opportunities and get experience looking back on that was that did it provide kind of what you were looking for to provide that you know resume building experience and was it a worthwhile journey or was it something that you enjoyed in but it didn't work out the way you thought just kind of curious because you said that that was kind of the original original reason you went into it well the original reason I went into it was I took a look at my peers and I saw what they were doing you know kind of the mundane stuff entry level positions and things like that I took a look at my adopted dad and my foster dad both of them were career military guys and I just kind of came up to a snap decision that that that said yeah this would be a good good way to pad my resume and get some great experience I don't know if that answers your question or not I yeah for the most part now my follow-up to that would be is that was the original intent now after you got out of the military and continue on with getting the degree and going into you know the other past with your career was it a worthwhile in other words did it help to pad your resume was it a worthwhile endeavor or would you have done it differently well I think each individual's journey is unique and everybody has to travel their own path that being said I firmly believe that we're conditioned we're cond I firmly believe in operant conditioning and we're conditioned by our surrounding set of circumstances and the people that influence us so to me it was natural for somebody else it would have been a real struggle um I think to to to answer your question yeah for me it was the right choice and I got experiences and which is what I think a lot of life is about I got a lot of unique experiences that guys are never they couldn't imagine um and I in the end now that I look back retrospectively I just enjoyed the out of it hey well that's the that's one of the most important things if you do and you love it then that definitely makes it worthwhile so so now you did so as you wrapped up as you mentioned you you know wrapped up the military decided you're coming out went up finished the master's degree and started to get into kind of looking to get into stocks and real estate and went into being an appraiser to learn the ropes so I guess the you kind of hit on it but maybe just diving in a bit more what kind of drew you to stocks and real estate was just simply the allure of money and you know make turning a quick buck did you think that was an interesting thing to chase down or kind of what took you from going be in the military to go into that path well I I'm pretty goal oriented and basically work off a punch list and things like that and so that it seemed like a like a natural thing to do to set a goal to be a millionaire um I made a lot of money in the tech bubble and I wound up giving it back because I thought I was the only only person that could read a business plan and didn't pay attention to chairman greenspan at the time what he said about irrational exuberance and so like I said made a lot of money like in excess of six million and then wound up giving most almost all of it back um to that effect just accurate giving it back to who in other words losing it or giving it to charity who did you give it to I gave it back I rode a couple of securities all the way up to all the way up to to the pinnacle of the evaluation and then thought I was the only one that could read a business plan and and believed believed when I shouldn't have believed and listened to my broker when I shouldn't have listened and um you know major major error in logic so now you see you kind of wrote it all the way up and then wrote it back all you know wrote it back most of the way down and so one point you were a millionaire you gave it back and then now you're kind of writing that back and forth you know where did you know and I also think you wrote a couple books in the meantime as well on kind of all of the ups and downs of the market but kind of as you're writing that back down and figuring out what to do next or where to where to head next kind of where did what how did you figure out you know after you been in the pinnacle and then down at the bottom what to do next well I think the only analogy I could give up that you know your listeners will probably get a kick out of I don't know if it applies to you or not but I don't know if you've ever been in a bar fight I I for better or worse I've never been in any at least there are no physical fights anyway um well it's like I don't know I think it was tyson that said well it could have been a military strategist but it's like once you've been punched everything changes and that the tech bubble thing was like yeah I got punched hard and then um I still had a portfolio in real estate and I turned into what is called a shoebox condominium developer I morphed tried to morph from an appraiser into an investor into a developer which is a natural sequence and then the tech bubble hit so I got punched again um so that being said I wrote those ebooks out of frustration and just like to use the basketball metaphor it's like I needed to see the ball go through the hoop so I did it and I got stuck in my chain of logic one of the books that I wrote was about how to value real estate in distant markets and I had an idea but I couldn't execute and I kind of copped out and I gave all kind of ambivalent answers and I just kind of threw the book on the shelf and I by the way I've never published or never even thought about it but a little while back less than a year ago I was involved with this real estate wholesaling program and this dude's concept was he could comp properties comp properties means find comparables for properties using third-party sources well a light went on and I went back to the e-book that I wrote and I said this is the final chapter to that book and you know I just had an aha moment and I said well wait a minute wait a minute wait a minute so I had a cigar and a glass of wine and a long think with myself and I came up with the idea of creating a tool a tool that where I could I could teach layman which is the hardest part of it how to simply punch in some identify properties from third-party sources and get a valuation estimate not only from a sales comparison approach but also since they've got things called rent-o-meter and rents from zillow I could create a rudimentary gross rent multiplier and an income approach and then from there it started to spin out of control in a good way and what I mean by that is I said man I think I'm onto something here so I flesh those out and I've created a tool where I can I can give a superficial I can help the layman create a superficial valuation from the income and the value and the sales comparison approach or I've given them grids where they can go and they can refine the valuation as deep as they want and what I've done after that is I've turned the tool into something that an investor can use which is primarily oriented where I've got pictures I've got budgets I've got all the financial metrics any lender could conceivably want in fact one of the modules is the lender slash underwriter met an underwriter model module where I've got every conceivable metric that I could think of and the people surrounding me could think of that they would want so in the end to present to a lender or a broker could use this a portfolio manager could use this anybody that wants to take the time to learn to learn this would have pictures of the of the subject and comparables they'd have all kinds of metrics they'd have the valuation I've created modules where you can throw stuff into a repository and keep all your tools your investment tools and um to summarize it I think it could be for me it's definitely going to be a game changer because I'm using it for two primary purposes the first the first and probably foremost is to approach accredited investors and say hey I know what I'm doing invest with me and look at what I've created um the second is and I'm more perplexed and I'm not really sure how to do it is turn this thing into a shark tank product and monetize it and that was going to be one of the the questions I had because I mean there's always a difference I think that you know there's an inventor side and a business and marketing you know kind of side of every business yeah you can create really cool products and tools that will definitely benefit people but then finding it monetizing it bringing it to market and otherwise seeing who will actually be willing to pay for it and use it and reaching those people is always kind of that different hurdle so kind of give you know maybe the audience just a bit our you know where along that process are you having built a tool if you launch it are you having you know people use it are you looking for people to use it or kind of where you add along that spectrum well the first thing I'd like to address is and I've had plenty of time to think about it is what is my market you know kind of doing a swot analysis um and and the answer comes back um anybody who wants to know the value of a house and they want to do it whether it's a one-time or a consistent basis that's that's my market and that is huge because I mean I'm an appraiser and they people they pay me to go out for a single job they'll pay me you know for a house for 500 and I'm saying I can my big challenge now is to convert what I have up here and pass through the eye of a needle like christ said about a rich man going to heaven and how difficult it is it's like passing through the eye of an eye of a needle and it's like my challenge now is to communicate succinctly so I don't bury my audience alive at minutia and give them tools that they that they can use and they can learn easily and they can use easily or if they don't want to they can turn it over to an assistant who can learn it and by virtue of that I think I think it's I think it can be a solid winter and if you take it a step further I'm working with over a lot of overseas people and I query them as to whether they have the same type of mechanics that we do with respect to third-party sources like zillow redfin trulia and realtor.com and I'm thinking wow if this methodology works why couldn't I take it globally um I know I've glossed over the first part of the question do you want me to address those again yeah I mean I think that you hit on a lot of it I think the the main you know kind of this point of interest which is mainly on you know because I or how far you know so you sounds like you've developed the products you have you know you've done a pretty good analysis you understand who the market is or who who the potential customers are and what that benefit would be to them and now it sounds like fair to maybe put words in your mouth so to speak is it looks like you're now looking to launch and see how to monetize it and actually get it out there to people so they start using it is that about right sort of it's like if you had a flow chart you'd have two arrows going in different directions the first I believe that we are overdue for a correction in the real estate market and I want to position myself with deep pocket investors to take advantage of this that's the first part the other area goes it's like a question mark right now um and I'm right at I'm right at the point where based on your advice I am finishing up the review of the provisional patent we've got um an overseas lawyer looking at three separate trademarks um and I've just commissioned a coder to take it from an excel based product into actual software so I've got those three things are you know to me they're going very slowly but in real in the reality like I told my co-conspirator in canada it's like we're really going at warp speed no I think that that definitely gives some some insight on on everything so well as we've now kind of brought to you a bit where you're you know what your journeys in or been and where you're at today always a good place to transition to the two questions always why did I know that was coming go figure um so with that you know the first question I was asked is along your journey what was the worst business decision you ever made and what did you learn from it well I've got three of them and one is kind of ambiguous as trust because I trusted somebody when I I actually resigned my commission based on trust and going into a vocation that was really lucrative and I put my trust in somebody and that didn't work out real well so I had to dance on my feet hence the two contracts in saudi arabia the second was not listening to my inner voice and then the third one goes back to the mistake that I made during the tech bubble in in thinking that the hubris of thinking that I was the only one that could interpret a business plan so you got you got a three for no I think that they and and the more the merrier so I appreciate that definitely plenty of things to learn from so now we jump to the second question which is if you're talking to somebody that's just getting into a startup or small business what be the one piece of advice you'd give them um gave that one a lot of thought and it goes along with the story too um a combination I I take I took a look at most all of your interviews and the conclusion that I came to is the people that you're dealing with they have more than a monika of intelligence so we're not talking about raw native intelligence what we're talking about that separates the smart people from the the really successful people I think is a combination of um commitment and perseverance and to that effect it's like one of the life-changing stories in my life was I was in ranger school blah blah blah blah in the in the swamps down in Florida and I had to we we had to pick somebody to climb up this this embankment and we're we're we're all hunked up we're all messed up I mean this is like most of the way through it and we're just we're just physically and mentally a wreck and they pointed to me and said go and it wasn't my turn for a leadership position so I started climbing this this embankment and I must have slipped four or five times and you know it's like 20 25 feet tall and just slippery as and it was that had to and I finally got up there and this ri this ranger instructor looked down at me and he goes he goes are you committed and I looked at him and I mean my face is money I I got in my eye I'm trying to get out I'm hacking up stuff and I said what do you mean what do you mean sergeant and he goes look a chicken is dedicated because it gives an egg a pig is committed because he gives bacon he goes you understand the difference and I said yes I do and I've never and I've never forgot that and those are kind of words that I that I still did this day I live by I like that I think that a lot of the difference between success you know successful businesses successful entrepreneurs and startups and those aren't as the level of commitment because it is going to be you know climbing that hill is going to be difficult it's not going to be always fun and there's a lot of things that you're going to have to navigate but if you're committed and you're going there to making work I think that that is often the turning point towards success I love that as a feedback well as we wrap up just as a reminder to the audience we are going to after the normal episode chat a little bit about the intellectual property which is always my favorite topic so if you want to hear a little bit more on that make sure to stay tuned after the podcast to hear us a bit of a discussion on that but otherwise as we wrap up if people want to reach out to you they want to find out more they want to be a customer they want to be a client they want to be an investor they want to be an employee they want to be your next best friend any or all of the above what's the best way to reach out contact you or find out more my website is kdgland.com kdg land dot com um best email is kelly at western equities another email is kelly gith gmail.com and I think I think that pretty much covers it all right well I definitely encourage everybody to reach out connect up find out more and if you're if you can use a tool it'll be beneficial definitely use that as well so with that thank you again for coming on the podcast it's been a fun it's been a pleasure now for all of you that are listeners if you have your own journey to tell you'd like to be a guest on the podcast feel free to go to inventiveguest.com buy to be on the show two more things as a listener um one make sure to click subscribe in your podcast please you know what all of our awesome episodes come out and to leave us a review so other people can find out about all the awesome episodes last but not least if you ever need help with patents trademarks or anything else their business just go to strategymeeting.com and we're always here to help so now with that so now we've done talked through your journey got some of your advice and it's always kind of fun to switch gears just a bit and talk a little bit about a topic that's always near and dear to my heart so with that I'll turn it over to you to ask you your top intellectual property question yeah I think this is ubiquitous and it travels along a lot of different levels is like what is your best advice for somebody like me that that has a really really good idea that's two reallys maybe three really is really really really good idea but they're working on a shoestring budget and I realize I I've done my homework take a look at your website and you have your snap products in place so I'll shut up and listen to what you have to say now yeah I mean there is a range range of differences between startups you know but the I'd say the commonality within all startups and small businesses there's always more money this there are more things to spend money on than money to spend and so with that you're always kind of balancing the where do you spend the money where do you get the best return on investment what makes sense and then you know when that kind of setting up your question the question is let's say you're at the end of the spectrum where you're you know very you know on a shoestring budget your self or financing or otherwise doing it you don't have a lot of funds to do it you know you always have one is that you say hey this is work I would I would back up just a bit and say first of all why are we going after doing the or what is the purpose of going after the intellectual property why do we need it is it because we want to protect against others we want to be patent pending is that we want to do um could use it to leverage to get a better valuation for investors or money because you're going to have a bit of a different flavor as to what is the the motivation as to you know how aggressive you want to be as an example if you're going to go after investors best answer is is save up the money and have an attorney because they're going to go through they're going to evaluate your intellectual property your patents on that and they can either them or their attorneys can pretty easily see when it's self-drafted or whether it's self-done and it has a limited value to them because they're generally going to want to see an attorney do it now if on the other hand you're saying hey I just want to get protection I want to get patent pending I want to just be able to have that demarcation in the sand so that if anybody comes along after me I can show that I was the first inventor those type of things then you can a lot of times start out with a provisional patent application again I still recommend an attorney but if you're looking and saying okay I still can't afford and afford an attorney or at least not at this point it is always better to have something you know something rather than nothing or something in place so if you actually have zero dollars I would just write it yourself you know fire you can it could be a bit difficult or not as straightforward but you can figure out how to file yourself get an account set up with the patent and trademark office and go from there so I always kind of you know look at it as that is the bare minimum you can do now you mentioned and on the some of the snap legal stuff that we offer is we're trying to kind of bridge that gap because I always kind of look at it as there's kind of three tiers if I were to kind of go to the real estate analogy you know you can get it go out and you can pitch a tent technically that's a home that's a dwelling you could live in it may not be comfortable may not be big but that's kind of when you when you file it yourself you know if you prepare and follow yourself it's better than being out in the cola and having no protection nothing over your head but it is of a limited value we kind of then you know on the other side you've got a nice house you have the builder that you know goes and does it for you that they have the experience they know how to make a nice house it will be weatherproof they'll be heated and their condition have all the amenities and that's a lot of times what you're doing with the with an attorney in the middle is kind of where we're we're positioning with a lot of the snap legal stuff is okay you want something better than a tent you can't afford the the nice house with the experience builder so why don't we kind of give you that something in the middle to where you can have a re you know maybe a small house a bit more of a shack but something that gives you a bit more of protection that gives you a bit more of um comfort and it gives you somewhere to be long term and that's where snap legal comes in so that that's where it kind of gauges to what are you looking for what are you going after and then match up your budget with whichever one that you're looking for does that make sense well I kind of walked right into that one didn't I that was a great pitch [Laughter] yeah no you you really answered it well so well awesome well definitely if you or any of the audience have any other questions we only get a few minutes to talk about intellectual property I could go on for for days on that topic but if you if you or the audience have any questions if you ever want to chat feel free to go to strategymeeting.com grab some time we can chat one on one and dive into any questions that anybody has in a bit more detail but thank you again kelly for coming on the podcast it's been fun it's been a pleasure and wish the next leg of your journey even better than the last thank you very much I I appreciate being here absolutely

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Start Right Now

Start Right Now

Wen Zhang
Devin Miller
The Inventive Journey Podcast for Entrepreneurs
7/28/2021

Start Right Now

I would say to some who have not yet started well, start, do it. The world needs you. They need your idea and vision. Whatever you have in your beautiful vision do it. If not now, when? We all could die tomorrow.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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say someone who have not yet started well start do it do it do it do it the world need you need your idea need your vision whatever you have is your beautiful vision do it if not now when we all can die tomorrow [Music] hey everyone this is devin miller here with another episode of the inventive journey I'm your host devin miller the serial entrepreneur who's going several startups in the seven and eight figure businesses as well as a founder and ceo of miller ip law where he helps startups and small businesses with their patents and trademarks if you ever need help with yours just go to strategymeeting.com we're always here to help now today we have another great guest on the podcast I'm gonna kill the the slaughter the name but I'm doing the best I can but when was from china it was from china a small town and went to high school and I realized that she didn't fit into the mountain community um where predominantly women stayed home and and they're at home and wanted to go out and learn English so I went and learned English for about four years came to the us went to university did a couple startups um they failed but enjoyed every minute of it um and did this for about five years and then decided to go get an nba duke moved to austin for about three years ago and worked for dale sells team and then with kovit decided to try her hand again at doing some startups and small businesses and that brings us to a bit where she's at today and she'll let her and she'll give us a bit more details there so but that much is a is an introduction welcome on the podcast thank you so much devon for having me and hello everybody super excited to be here so I just gave a quick run through of a much longer journey but take us back in time a bit to when you're growing up in a small time small town in china and how things got started from there yeah so when I say small town I do want to clarify they do have a million of us so people wise population wise we are huge but when this is small I mean more like geographically is you know literally a town on the mountain where you had to go around the mountain drive around seven eight hours car ride to visit any near the city and plus we don't grow up with cars so nobody ever left and at that time when I grew up internet is not available we don't have a computer word in that way so literally it's isolated all the mounting and small in the sense of people's mentality about I think this is the world they don't see what is beyond that and my mount in my mountain town like you said you know women are meant to be a mother a wife and it's beautiful choice if that's what you love to do but in my hometown that is the only option for women and and that just never really fit in with me as much as I think you know I think that's the toughest job in the world I of course agree with that but I just felt always this telling curiosity to see what is beyond the mounting line I'm just so curious about the world outside of the mountain that we just live and breathe every day and funny stories today you know my friend will be like oh my god one let's go hiking this weekend and I'll be like no I think that's so weird because when I grow up I go to school I hike I go home I hike so I hide every single day and I didn't understand why people think you're such a such a funny you're doing a leisure time but yeah that's how I grew up um and you know my my entire family our high school dropouts and already go to school or college um but I just just always curious you know what is what is I just felt it always more I don't know what I is so I want to explore and that curiosity of wondering what is beyond the mounting is inspired me to actually discover a cassette machine in the library and that is you know how I decided to teach myself English um and like quickly mention it took four years because first of all is I of course sucks um it's not that easy to just follow the question machine but anyhow four years um I didn't just fail one time just fail twice it's not three times not four times not five not six not seven not eight or nine major failures in total in the fourth in a four year time and all the you know sprinkle of all the stuff in between and in that period of time where everybody thinks I'm crazy everything I'm out of my mind I think who are you like oh my goodness like all those moments oh they are not easy but I should tell myself well girl you have big dream to go so so that's how I you know really he just keeps um keep moving forward and that's how I came to America 2011 August 8th and that's how I first played in America tonight I said okay you know I'd like to come to America like you know studied English which props to you to you know find a cassette tape learn English and be able to kind of get that or pursue your passport is to you know take a different direction I think it's very commemorable um but so now you come in you know you learn English you come to the u.s I mean you decide okay I'm going to go to you know school for a bit so kind of as you're coming to the u.s if you already have a plan this is what I want to do this is where I want to go or just hey I'm going to get here and I'll figure it out from there kind of how did you decide once you've learned English come to the us what was the next step in your journey yeah that's a great question and first of all you know career counseling it was not existing where I come from which is no one had a career neither do I know direct neither do I have any role model to look at to so I don't really know what is a weight in front of me neither have any idea that I need to have that information so really I just show up and I remember like still remember the day when I showed you airport with four suitcases because there's a maximum you can take the international student I didn't I still remember that day that moment I think I'm just staying in the middle of a airport if you know where I'm referring to it's a huge airport and there's so many people they are moving you know fast and I was just stunning by wow first of all I actually made it and wow this is actually America and lastly I have no idea what what I'm doing I have no idea how to find the exercise I have no idea how to speak exit even this word and I never speak to any human being in a real lifetime besides my cassette so I just remember excited by shot mostly and just standing in the middle of the swallow people they all going places and I'm just like shot just don't know what to do and yeah so that's how I you know first came to a university of Illinois I wanna champagne for my first master's degree and you know finally you asked me my plan I thought gonna be a great time I thought gonna be you know your land you're gonna party life is good um but honestly the first three months first six months ish I hated everything I hated everything I hated it that I could not know how to order food I I was so embarrassed whenever I went in a subway line because just oh my god all the vegetables those names it's like so much pressure just water cucumber tomato in my head I know they're chinese name I could not speak fast enough and then people wait in front of you oh god oh goodness so I don't know I don't understand the culture the food the people I don't make friends and in in a classroom where I remember this one moment I I I take a conscious notification around me it's a small classroom discussion I know I noticed all my classmates are so excited and participating they always say hey I'm thinking myself is it just me well the only one person who do not understand what's happening right now like I literally can't do not I did not understand anything at all what's happening around me so you can imagine time so diving in just like now you've come to the us you know you kind of have language barrier learning all these things you know do other people understand things I don't understand and definitely I've been on the flip side and I've lived in taiwan for a couple years and on the flip side of kind of learning that language and wondering if people are understanding what you're saying and trying to understand them but you you make it through your school you get your undergraduate degree and you come out and you try and do a couple startups is that right yeah so that's my first master's degree and yes so now what was that what was the the because you mentioned you did it you know before we chat or we chatted before the the podcast you did a couple startups and they both ended up failing in the in the end but what were those startups and kind of what was the ideas and what did you try and do yeah okay got it so fast forward um two years then spend get my master's degrees um just figure it out and my first startup was a service-based business that was about eight ten seven years ago it's called internship desk it doesn't exist anymore but at the time the idea here is because I was an international student and I actually see this huge opportunity for those students who have experience where they travel abroad and have those business exposure so essential we do our ideas we help if you from say minneapolis for example you want to see oh I want to see how business work in china for example would buy the platform maybe you'd go to china say the fancy city like shanghai beijing having a summer internship summer immersion experience to learn about the business the local culture spend the whole summer and then come back so vice versa if you found china if you're from japan you want to come to America for the summer spend you know two three months in chicago learn about u.s business etiquette we provide a platform for that so we have china israel and us three locations happening um in the in the in the program structure so either idea me and my um um friend probably right we start together and oh my god like it was so fun because at the beginning you know even though you don't make much money but who cares like you're learning to start I felt like at least I felt like it's my full heart and soul into this business I'm super excited and I felt I'm truly making a making impact making a change I'm really really excited um well what really you know kind of you know well I'm first I'm still very proud of at the time from the idea to build a business become one of the largest service providers in chicago in the midwest area I'm very proud of it it's I it's one of the best times well why fail is you know at the end you know me my co-founder slash friend um we're gonna have a different direction here's the way the business is going to go and and that just really um did not run really well so um that is the first startup still a lot of fun though still anytime I think about it I just feel like oh my god like what a good time so now you so now you do that you know you have your friend co-founder do the startup do it for a while grow it at the end you know that you guys decide hey we're going different directions didn't work out startups and failing yourself having to set it down now where did you go to for the the second startup or kind of how did you you know what part of that journey was okay first started didn't work did you come did you already have another idea did you go you go different direction you go on your own with a different boundary kind of what was that like yeah so I I just you know kind of after that the first one and then I joined the second like a startup but I did not co-found I joined it when it's already eight nine people and at the time the premises of second businesses it's a software business and I I I discovered that they have a lot of press in the united states they actually have no cluster international so I thought you know what that would be a great opportunity for me to really take you know all the information that I incur like you know just the marketing the go-to-market um the knowledge expertise I have helped them to launch the business in international asia pacific specifically so that is a premises that's intention so so yeah that is um so then the following year I'd really just literally do exactly that I you know it's a software business I had to help cash cash management for hotel for luxury hotels so I saturate do not help them to open up the entire asian market um in asia yeah it was a lot of fun it actually took them five to ten years to even establish the base in the united states and took me one year in china which I'm very very proud the invite is one of the only only vendor actually to join their international um controller once a year I can control the conferences for all the fancy hotel but I'm only going to be invited so I got a chance to exclusively speaking all to the marriott hotel which is just so much fun and you know I I love you're good no I was gonna say so now you do that second startup and it's you know you join that you know small business you get you have some success you grow it you you know over the period of a year bring out a lot of partners and to make a lot of connections now what did you you know did that start up fail did you decide to move on was it not paying well enough decided to go different direction or trying to how did you transition from that startup to the next phase of your journey yeah so one thing that made me always happy javen is I always want to make sure I always growing whether it's today this week or this year and for me you know in the startup platform at the time I helped to open up the market which is so exciting so I wanted to grow so then I transitioned my role from just you know leading the entire market from business development perspective into like oh software implementation so I need to enjoy the entire market everything that the company has to offer I do all that in the asian market so I kind of you know really getting really exposure about every single piece about the business in asian market which is you know really grow significantly since I joined I joined however you know at year two mark I realized everything I can do in the company already done them and there's no nothing more for me to do the year after besides just more account besides and I I don't like the idea and I thought to myself you know devin when I stuck in a little mountain town the promise I made to myself is I'm going to go see the world now I have sense that I see startup world I want to see the bigger world and I will see what is world beyond just the startup scenes and that intention brought me to duke and that's how I got my mba for foreign two years and that's I'm moving to austin Texas 2018. join dell del computer company and be part of their go to market team now what just out of curiosity what made you decide to first of all go get the you know the nba duke and then go to Texas was it you know you mentioned a little bit hey I saw the startup scene wanted to do something different but what made you decide to get an nba was still intend to do your own business still wanted to be an entrepreneur or is it more just wanting a business experience or kind of and then how did you decide to go to her to toss her to Texas was it more that was where dell the job offer was or that's where you wanted to go see a new part of the country kind of fills in a little bit on those details yeah yeah devin for sure first of all you know not to be stereotypical but I'm asian I love to learn and I I I think I you know I think I have you know decent understanding about the business how I work based on my experience in startup world but I felt they have bigger you know more comprehensive business knowledge I would like to acquire understand really how business run in this scale and I felt empower myself with a degree with experience with the network I think will really help me to go to next level so that is at the time my logic about go to business school why choose duke well domino bran I think if anyone thinks about business well do you bambi is one of the best in my personal opinion just because I really love not just about the academic not just about you know the professor and all the incredible award all that but most importantly the culture the people truly will win my heart and I and I remember what day and I want to visit the campus I walked in there I just it's a weird feeling you just felt your home like even though it's not I see this student body people have the dining hall there's a ping pong table people drink coffee people talk about project I just felt so welcoming so sense of belonging there and you know that in the next two years honestly it was one of the worst time and the best time in my lifetime which is so hard to describe it to people where it's such an intense two year in my lifetime but yeah one of the best times where I actually see what I'm made of you know with all the incredible pressure we've been through and but I also gained incredible friendship as you know as and and you know we embodied they called a team field spirit and really we collectively as a team is a community we hold each other accountable and lift each other up and you know truly I felt is a transforming two years for me so so that is a logic about an nba duke regarding why Texas well I mentioned I was in chicago before and that's actually how I met my husband and I love chicago I think you guys amazing city however my husband he was like oh my god is winter getting cold when it goes somewhere warmer and I was like okay warmer so I look in your south and there are of course all the wonderful cities and I think about well taxes or my husband really wanted he kind of really want me to put it into taxes because summer is very hot so looking at taxes I actually don't know any of those cities and I thought wow our thing sounds a lot cooler and hippie and I think I'm a hippie so well in heart and I love all things you know if you guys don't ask me other things um slogan is called key absent weird and I interpreted it as I mean we are weird you are weird I am weird she is we are heard we are because we all unique and we're in our own way and I love that slogan so much and I almost felt when I visited city it's almost the same when I visited geocampus I fell home and I felt I can be who I am I can be this weird funky or fun or whatever I wanted to be that day that moment I can be that and still be part of a city and I can call it home so that's how we kind of decide location on the Texas austin and that's how I moved into austin three years ago and also part of adele as well but yes also job offer as well no that definitely makes sense so now you go down to you know Texas sounds like a new and exciting place you know maybe a bit more of a different type of culture that you can get experience too as well as a good position within a great company and you're down there you do sales for a period of time and I think as you mentioned no one chatted before but then as you're going through doing the sales for dell topic came along and that necessitated you know people being let go or work slowing down or layoffs or whatnot and that kind of reinvigorated um doing kind of your own thing or going back to entrepreneurs is that right um yeah so you know I'm part of dell go to market so I help manage about 320 million dollars portfolio go to market north America channel sales I work with 400 sales teams across the entire north american region I have tons of fun through a lot of strategy and data and all the things which is exactly the global exposure I was looking for so in really providing a great platform to learn and grow and you know it's a fantastic company fantastic culture it's all they check all the boxes I guess you know what they made me to think about is you know when pandemic hit when you know somebody like myself well extremely extrovert and suddenly have so much time on my hand it just gave me some space to think about okay now I checked pouring coach at other boxes I got degree I got another degree I got you know started like a corporate right now what do I really want what is really true when what is you what kind of impact you want to live in a planet and what if I die tomorrow what would I have in a regret so those questions just kind of really surfaced to me and gave me a lot of time to think about and I thought about it society writing those questions that I think about literally ten years ago when I you know came to state when I truly made my dream come true when I become I believe one of the millions you know the chance of me a mountain girl ever come this far is just beyond imagination even to myself I thought that moment really means so much to me I realized I would love to help others maybe your dream come true as well and that is kind of like where you know it could um derive the idea come from and that's how I start my consulting business how I've not not went so today we have startups specifically with a pitch um help them to pitch through the the pitch that services help them to grow and skill their business and I love help supporting entrepreneurs specific helping them to grow and skill and their dream their their vision because I think entrepreneur our biggest dreamer so if we can if I can support entrepreneurs and think about the community the customer the the partnership he going to go out and build and create I think um anybody everybody if you have a dream if you have a vision whether it's start a business start a bakery start a family whatever thing is for you if you just go out to do whatever you want to do I think the whole world is better it's a brighter place it's like you are the light bulb on the light bulb if you're one pixel rider the world is a brighter place so that is what I want to support and that's how I decided to start my consulting business and help people to do exactly that so now and I think that that kind of brings us a bit to you know through your journey where you're at today and kind of what you have going on and where your focus is so I think that was a great walkthrough of your journey so thank you so now with that you know as we wrap towards the end of the podcast I always have two questions that I'd like to hit on so we'll jump to those now so the first question I always ask is along your journey what was the worst business decision you ever made and what did you learn from it so I just you know skipped a couple steps so in between me and my husband we also started another business called evergreener so that was actually our first taste to start business together and we we actually have been married for eight ten nine years now so I would say if I have a hindsight I didn't know what it take to start a business with a partner and it's it's really not easy I like I we we talk about business in the daytime and evening in the day in the weekends like it's just so much and at the part where no it's just hard to differentiate me and my my husband versus business as a partner so if I'll evolve in the high side I can do it again I would like to kind of have the clear boundary and clear separation and clear defined about role and responsibility so we can really um not jeopardizing anything and really still go out and build the business yeah well I think that's you know and I think whether a spouse I think that's a whole other level of complication because you know with the normal business partner you go home after the end of the day you get to get a break apart you know you're not with each other all the time when you're doing it with the spouse but even without a spouse it's still a lot of time together a lot of strain on the relationship a lot of frustration and stress but now you got the addition of having a spouse and now it's not only that when you go home your business partners also your you know your your spouse and that and you're now dealing with family issues and you're even you know if you have a bad day at work and trickles the home or if you have a bad day into work it can be a great thing I think it can provide a lot of synergy and leverage and you know the person you're working with and you're trying to be successful together but I think it does add that extra layer of complication so I think that that's definitely one to something I would not do that again for sure so now second question which is if you're talking to somebody that's just getting into a startup or a small business would be the one piece of advice you give them what depends what stage they are right if they just about to start a business were they already in the mix of business what are they about to grow and explore their business I would say someone who have not yet started well start do it do it do it do it the world need you need your idea need your vision whatever you have is your beautiful vision do it if not now when we all can die tomorrow well somebody who already started business in the process of skilling well will they know really think about what is the next step what's next level for you whether it's you know seeking funding whether it's seeking partnership maybe it's go to market is whatever that piece is and I think I think you know maybe myself and also other can felt the way when you start your business especially when you just begin whether it's one person two three person you file your day forward all the tasks all the activities and I think it's really important to really prioritize and one tip I want to share is um you have all the lists are all the things you need to do and on the right hand side you pick two pans one is green one is red think about is those activities revenue generated activity put in the green pans if it's just like nice to have if it's just not um anything that's revelated make a rat and especially in the early stage if your goal is to grow and whether it's a cash flow whether it's no revenue expansion if that's the case focus on those revenue generating activity first before you go to the other piece whether it's infrastructure whether it's make a nice logo all the wonderful things I think that's very important at the beginning to really launch your business and really help it to be sustainable before you can be you know be consistent and have a true beautiful plan no I love that I think that's a great piece of advice so now as we wrap up if people want to reach out to you they want to be a client they want to be a customer they want to be an investor they want to be an employee they want to be your next best friend any or all of the above what's the best way to reach out contact you or find out more yes um well check out my website is if not now when dot com and you can find my information there and yeah love to hear from all of you and once again thank you so much devin for having me very honored super grateful for the opportunity absolutely it's fun to have you on and appreciate you sharing your journey now for all of you the listeners if you have your own journey to tell and you'd like to be a guest on the podcast to come on and share it feel free to go to inventiveguest.com apply to be on the podcast two more things as a listener one make sure to click subscribe to your podcast players so you know when all of our awesome episodes come out and do leave us a review so everybody else can find out about all of our awesome episodes last but not least if you ever need help with your patents trademarks or anything else feel free to go to strategymeeting.com grab some time with us to chat and we're always happy to help well thank you again for coming on it's been fun it's been a pleasure and what's the next leg of your journey even better than the last thank you very much devin I I really appreciate you you

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Make Time For You & Your Family

Make Time For You & Your Family

Jason Gillikin
Devin Miller
The Inventive Journey Podcast for Entrepreneurs
7/27/2021

Make Time For You & Your Family

Make sure you carve out time for yourself and your family. When you are running a start-up you can get so focused and so in the weeds of running that business and it can be mentally all-consuming. You can't lose track of what is truly important. Carving out that time to go for a run. Carving out that time for a date night. Carving out that time that is super intentional for your kids. That is going to be beneficial to your family but, also for your business. It will give you that time away to relax your brain so that you can come up with better ideas for the growth of your company.

 


The Inventive Journey

Starting and growing a business is a journey. On The Inventive Journey, your host, Devin Miller walks with startups along their different journeys startups take to success (or failure). You also get to hear from featured guests, such as venture firms and angel investors, that provide insight on the paths to a successful inventive journey.

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Make sure that you carve out time for yourself and your family. When you're running a startup, you can get so focused, and so in the weeds of running that business, and it can be mentally all consuming, and you can't lose track of what is truly important. So, carving out that time to go for a run, carving out that time, or a date night, carving out that time. That is super intentional for your kids. That is going to be beneficial to your family, but then also for your business, because it'll give you that time away to relax your brain so that you can come up with better ideas for everyone, this is Devin Miller here with another episode of the inventive journey, I'm your host Devin Miller serial entrepreneur, growing several startups and seven eight figure businesses, as well as the founder and CEO of Miller IP law, real startups and small businesses with their patent and trademark, you ever need help with a strategy meeting, grabs. Now, today we've got a another great guest on the podcast Jason Gilligan. I'm always, I always want to say Gilligan so I always look at it I'm like I know it's not killing it, but I still think it'd be elegant so, anyway, with that quick introduction, and Jason so he grew up in Michigan went to college, I think, North Carolina, and didn't go back to Michigan wanted to stay in North Carolina did medical care, medical malpractice, and then worked at the Edward. Edward Jones I made some time today as a financial advisor for a little while as well. Also did professional books and things. That sounds exciting. And then I did SEO and SEM for digital marketing, for I think about 15 years or so, and then started to get the entrepreneur by fell in love with podcast started his own podcast company wife also started a podcast, helping her with that and then beginning a time of entrepreneur thing and see if we can make that much as an introduction. Welcome to One A winding journey, that, that you listed out there. But thank you so much for having me on the podcast. Absolutely. So, quick 32nd or 45 seconds every second run through of your journey, but I wanted to take this a bit back in that growing up position, getting a college in North Carolina and oh yeah absolutely so, like you mentioned, grew up in Michigan right around Detroit. So just north of Detroit Southfield area. Still a very sad, Detroit Lions fan den in my lifetime. The Lions have one exactly one playoff game that won Super Bowl my new one playoff game. Still, still managed to root for them. But on that note, see I'm in Utah, so we have the jazz. We don't even have the only one that ever had was when I went to school in Cleveland, Ohio. And that was the you know the Cleveland bear or Cleveland Browns crown, and I don't think there were any better. So, the only one I've ever had the opportunity to report didn't have any better or didn't have any better odds of yours. Yeah, what are we doing with our lives like we need to come up with better teams I think it's so yeah I grew up, I grew up there, Michigan, and went down to Carolina so UNC for college. And for me it was just a chance to get away and go to somewhere new, somewhere warm somewhere not so great, it's not so full of potholes. Honestly, at the time as a 17 year old guy was 60% women. When I did my two are there, I was like oh my gosh this is amazing here, and that a good business program as well. So yeah, I fell in love with, with Carolina, and you know man when I, when I thought about moving back or where my next place would be, or after college. There was just no way I was leaving this triangle area in the triangle area is Raleigh Durham Chapel Hill. There's no way I was I was leaving North Carolina got the beaches, we've got the mountains. It is gorgeous. And there's a great tech business community here as well. So now he said okay, let's just go here and lives in North Carolina, and then do that for a while now, how did you get into Medicare now. Yeah. How did you get into it. Yeah, so I actually knew a guy that went to Duke, and Carolina and Dude, we've got this fierce rivalry but you know we hang out sometimes. And his dad ran a medical malpractice insurance brokerage out of Houston. So, after school, we went down there for three months to train in Houston, and then came back to Chapel Hill, to start up that branch of medical malpractice insurance services. And so our job was to call on hospitals and doctors and say Hey, who are you using for your malpractice insurance, we can probably get you a better rate can be quoted for you. And this is, you know, free Salesforce free like massive databases that we could get into. So I just created a big huge spreadsheet of all the hospitals and through the risk managers were who the CMOS were for all these different places, and, and just call them the circle calling them and we were successful at it. And we did that for I think that sounds about right as a long time ago now Devin but yeah that sounds about right. I did medical malpractice for a bit of time and then remind me where I need to go from there. After that was Edward Jones. So, I always wanted to get into the financial industry from an early age, you know I was interested in stocks and things like that. And I think I didn't realize with being a financial advisor, it is predominantly a sales job, I didn't realize that at the time, and I like sales a great I love sales, but I kind of thought I would be a financial advisor but it was literally going knocking on knocking door to door and that's the average junk models, and say, Hey, my name is Jason And mind you, I'm 2324 year old kid. Hey my name is Jason, if, if we had ever Jones have a trade or a stock or a bond or something, you might if I give you a call and that's how you got your call is what's going door to door, and doing that so it didn't work out all that well for me. Mostly because I started to get distracted by what would be my next career path, which was playing poker online, one question before we do that because I think the largest, most, most jobs if you're successful and good at it, have the sales aspect. I don't care if you're a dentist or a doctor you still have to get a good recommendation. If you're you know almost most jobs. If you haven't asked. Now some have more than others. Now let's not get from having the ability that allows you to prosper and a lot of. Now, isn't that in mind. I don't know if I can make that same argument for posting I guess yourself until you're putting your whole face on but it's a little bit of a stretch. How did you get into doing a professional poker thing going from Edward Jones, financial advisor to saying this is how you risk your money and how you save it, how you multiply it and say, take a very high risk approached by money and seemed like an out winner out play on people. You make it sound like it was a bad idea, period, two ends of the spectrum. It is two ends. Yeah, I just got hooked in the, the Rounders movie and you know you watch, I don't know if any of your audience remembers this way back when, but you know the Chris moneymaker. Megan, winning the World Series of Poker and the fool of TV, and everybody was going on, it seemed to the, the online poker sites right so PokerStars Party Poker. And I found out that I could win some money doing that if I play discipline, and I played my game that could win some money, and so I was distracted with my job at Edward Jones by playing poker, as I was making more money doing that. And I decided okay you know what, this is what I'm going to do for a little while now, mostly played online. It was a while back then, I mean it was just a lot of money coming in from people that were just looking to have fun. Wednesday to to Vegas 1520 times to play in some some tournament out there, including the World Series of Poker a couple times which never really cashed in that but you had a chance to sit next to sit next to artists and and saw Phil Hellmuth do a rant. Even with the cameras off. He is that guy that will be the poker brat and jump out of his seat and rant on whoever he thinks is playing poorly. But yeah it was it was fun. It wasn't the most healthy lifestyle, because you're kind of staying up all night and you're on your computer all the time and you just don't really realize what time it is sometimes. And yeah, if I was going to move on in my life, and have a wife and a family. I had to get serious about my career, definitely makes sense that no one this kind of curiosity and it gets to personally connect me super curious, you know because I read it, there's kind of those you know we have them become out or you have something funny like counting cards and playing, you know, playing blackjack and other things, glamorous and can you make as much money as money out of people go broke or kind of, how was it for. So, you can make money. There are people that made a ton of money on poker. Is it glamorous. No, I mean, you're, you're, you're spending hours at a table or at a virtual table and just within your own thoughts, Like, it is hours of boredom, followed by moments of terror. Right. So no, I mean it's not glamorous by any means and most people do lose money, because that's how the casinos make money, so like, 90% of people that are playing, are going to lose money. So now you said okay I tried this, not a healthy lifestyle probably not conducive to a family. I'm not going to be rigid the people on TV, probably not. And so, you know, then where did you go from there kind of how did you decide, what would your next, or I guess two questions. Try not to calm down. What made you decide to give up poker and just the healthy lifestyle and went to a search engine optimization, firms with the were the world's largest SEO firm, and we were told to say we had a 98% retention rate for our clients. And this is back in 2006 Something like that, where he was very much. Seo was like a voodoo practice, you can say anything, and they trained us to say anything. And people would believe it and that particular company, so I worked at that company for less than a year, that particular company, that ended up going public, it was like 200 people, and Devin I kid you not, if we hit our sales goals. Everybody would line up, and the exact pass out $50 bills to everybody. So, as an attorney you're probably like that is not tax. Tax healthy right there. But at the same time that's what happened and like, you know, we played basketball all the time, you know, total bro culture total, total growth pro culture, but the company had gone public and the company that, that, while the company that took it over essentially realized that it was all smoke and mirrors and the CEO, literally, ended up getting dragged out. And so that was, that was fun to see. After that, anyway. One of these days I'll write a screenplay about it or maybe I'll do like a narrative podcast about that. I can get some of some of the guys involved from there. But after that, I want to hit on one of my biggest. There is a place for SEO for social media marketing and all those. And yet, I think for the general public, it is one of those. It's so hard to know whether you're getting a stellar job it's absolutely worth the money, or whether he gets someone that you have to give me a call months before you can deal and see any results and then you know you might see some results or it will take longer than the last four months. And so that was, I think that's kind of you mentioned that the biggest price with the industry, there is a lot of even today I think even more so back then but even today it seems like the new normal changing your analytic methods, it's so hard to know what were what is, what is accurate and what is when is difficult service. Yeah, it is really hard, and that was a challenge and I stayed in the SEO industry for a long time went to a bigger, not a beer company, not at all bigger companies but a much better company. In my 12 years with that company and they were doing things that they said they were going to do, actually getting our clients ranked. And so it was, it was a company that had those, those morals that you don't always see in the SEO industry. That makes sense. I think if you can get that good reputation or not just focus on it by trying some time and I loved them, as hard as you are doing that is doing that. I think for five years with one company. And then along the way you've kind of got the entrepreneurial thing and kind of a steady, slow thing was the kind of you know like oh I want to do this and I'll try something out on the overnight and you kind of have that. Well, always looking for the entrepreneurial win. Like, I'm just that anti guy, that that is always looking at where where's the marketing inefficiency, how can I make some money doing this or that, like, Okay, so my wife started a company back in 2010, and she's a wedding planner, and I was very involved in that and helping her out and making sure her rankings were good, on Google to that she would get the leads, you know, help her out with payroll and all those things, and her company continued to grow, and as she was doing that she was bringing in more people that you know I became less and less relevant. So, you know, I got some ideas like one was a marketplace for couples and vendors, it was, it was like the Uber for the wedding industry, where we were developing technology and we developed it, it worked. But we didn't reach the marketing challenges there, where we had to market both couples, and two vendors. And we didn't have money to go about doing that. So, had that idea had an idea for kind of invitations where if you just send a list for night invitations, but thank you cards, so if you sent out a list of your gifts, and the people that got them for you to this company, which are called the grateful, which I don't know why but that's why I call it that, that it would then spit out it was send a thank you cards for you so write these nice thank you cards for you and send them out those cool idea. I didn't know how to run it, run that particular kind of business, but so these are all things that I was, was working on. All the while doing my job. And then I found podcasting. Nice podcast and felt like you're not putting more developers kind of wonder, as you're trying to stumbled upon and so to speak, kind of fell into sound like I wasn't necessarily going to go out. This podcast. It was sound like it kind of started era supportive of what you were doing and then it became really focused Is that about right. Yeah, so 2016 2017 just fall in love with the storytelling aspect of podcasting right influence was how I built this by Gyarados. Love that podcast. He's just the greatest. Interviewer And by the way, if any of your listeners have kids out there, the podcast that he does with Mindy Thomas Caldwell and the world is amazing, like it is a cartoon in audio. They take scientific scientific research, and turn that into a cartoon basically on audio, where they go to place all these things, and my kids just love it. Anyway, so started falling in love with podcasting around 2016 2017 And I went to my bosses and said hey can I start a podcast for our company. I'll do it, I'll do all the hostname, whatever else, literally mine, I'm sure, go ahead. It'll keep you happy for a little while longer. Yeah, it'll keep you happy for a little while longer, why not. So I did that and it was like a how I built this before our clients so we sold the e commerce Store so we I interviewed them about their journeys in developing their e commerce companies. It was called my digital story and we did 10 episodes, I wanted to take it further and interview other e commerce companies not just our clients, just for networking purposes. They didn't really share that vision they want to be just about our clients which is cool, like that's that's their prerogative. I think it was a mistake I think it could have been a great networking opportunity. So, 2018, I convinced my wife finally to start her own podcast so as I mentioned, she's a wedding planner, and I've been bugging her to write a book about all her different stories about the wedding industry and the mothers of the bride outbursts from brides and grooms or whoever, like she's got amazing stories to tell. And she's like no no no I can't do that I would have to do have to be my last year in business basically, you know, to be able to write. Because you know my clients wouldn't want to think like I could one day share their stories, like well what about what about a podcast, where you get other vendors to share their stories. Fine, I don't even listen to podcasts but I'll go ahead and do this thing. So we started weddings for real, and it is three plus years and she's at episode 143 And what we start to find and what has happened to her career, is she has gone from wedding planner to industry thought leader, speaker, and online educator, so she now has a platform, an online education platform where she trains, the next generation of wedding planners and a better wedding planner, and she's got 350 members in this in this membership site, which is awesome, and all started from that podcast. I started to see how effective this can be for building personal brands, and for building companies. And, like, Okay, I'm falling in love with this I'm, I've spent too long at this one company jittery starting to think about my legacy. What am I doing with my life and you're proud of, to produce out there, and I wanted my own company. And so I did in 2019. Finally, the company that I was with, and started out on my own and then started building up. That's awesome and I, I think that, you know, one of the misconceptions. I think that we would kind of, you know, three podcasts not overnight. million downloads on our first episode and everybody else, or maybe if you have a marketing budget. Maybe, but even that I think is one where I think it's kind of started. It is a great way to connect people make connections with network. Non, or even more much more easily reach out to people that probably otherwise wouldn't be able to get a chance, because you're offering value, I think it's a great platform and it's also one where people love, I love to listen to a podcast, podcast there, and beyond and Dr. Kelsey was a podcast. That is, you know, kind of 19 year old business and you know that kind of future kind of thing within Europe, as well as you know the industry in general, where do you see me. Oh wow. So you hit on it quite a bit is, you can't expect a viral sensation at all, unless you are a celebrity already and you have that opportunity to have that viral sensation is worth so much more than selling ads, like, if that's your goal, or your podcast. You don't want to, you don't want to do that like your goal should be top of funnel marketing, right. And so creating something where people can bet who you are. And this person knows what they're talking about so that they can amplify their expertise is our tagline is also to create that content. So the podcast can be repurposed for social media or books, or blog posts for so many different things. So you've got that topical marketing, you've got the content creation, and then some networking is the networking and business development, so like, you know when you're reaching out to somebody to do your podcast, maybe it's somebody that you feel like, could be a client of yours, like I had a, I have a client who hadn't even put out a podcast that was just reaching out and saying hey you want to come on my podcast. They have a $30,000 piece of business because it starts to spark up a conversation. As you look back at 10 years ago, going round of golf with a prospect, right, is treating them to that. Well, I feel like I passing you from the new golf, instead of let's go for a round of golf is hey do you wanna come on my podcast, you have a real insightful conversation. That's not so sales oriented, and yet it's got that that business development focus or that business development goal for you while creating amazing content. So you asked where the industry is going. It is these niche podcasts, it is, you're coming up with, like, everybody should have a podcast. Every business should have a podcast and every personal brand should have a podcast because of all those things, and you don't have to have a huge audience to connect with the right people, you can connect with who you want to work with. That's what's important. I think that's the right I mean I think you can have a much smaller. Now the nice thing about podcasts and most people don't say you never very seldom you know the audience, people getting started with people who have a million followers we have five followers, which is nice for the podcast hosts in the sense that it gives you a much lower very good interest when people reach out to people and they're just excited to tell which worries somebody wants to hear they want to be on their share. So I think that it gives you a lower barrier to entry and just get started. Get going. And then you find that right group that is important to you and then he lashes out so now. Now as we start to reach the end and you're always somebody deveined, we'll have to have you back on Simon's next topic. But as far as your journey, we've kind of reached out into creating your journey not where it's at today and it's time to transition to the two questions that we left. Bonus. In last a little bit about that. More than companies in the last few questions. First question I was asked, Along your journey. What was the worst business decision ever made. Only guy. I keep making the same mistake but in the realm of the same type of mistakes, and what's really hard as an entrepreneur and a solopreneur initially, is you have got to wear so many hats in your business, there's this great book called The startup hats by David Gardner and he talks about the 11 startup hats that you have to wear so maybe one hat, one hat is the marketing, you know one hat is HR eventually one hat is all these different things, there's 11 has to do at all you have to do every single thing, including all the BS work, then the challenge becomes, if you, if you get to that point where you're, you've got demand for your product or service or whatever, then the challenge comes. How do you take those hats off, like how do you hire the right people, how do you come up with processes so that you can hire the right people and, you know, if you want to take a hat off, that you have in place, and I keep making the same mistake of doing the business rather than growing the business. And I have to focus on that, every single day, every single week, is my role as CEO of this company is to grow the business, not to do the business. And yet, you know, I like we have clients and it's all great that they're paying clients. But, you know, we're not rich enough yet where I can hire for everything, so like that, that continues to be a mistake that I'm making is not focusing on the growth, but rather on the doing of the business, I think, if for anybody listening to this, you've got to quickly figure out how to get to that point where you can grow rather than do now and I think this is a hard balance, especially with small businesses start out as the owner or founder whatever you want to call it, you're filming sales and marketing, you know, doing the website, firing firing all those and as you grow you know you can add you have revenue bringing other people in it's that balance. What do you what do you give yourself, where's your best your best return on your efforts to know because you still have to get done and so it's always hard. A lot of things would be great. Things are gonna be the most impactful. Just gonna want to get to that mistake that's easy to make and everybody. Second question I always ask is if you're talking to somebody just getting into a startup or small business, what do you want. What's a really good question. I mean, one piece of advice that the one piece of advice that I would give to them is, make sure that you carve out time for yourself and your family. When you're running a startup, you can get so focused, and so in the weeds of running that business, and it can be mentally all consuming, and you can't lose track of what is truly important. So, carving out that time to go for a run, carving out that time for a date night, carving out that time. That is super intentional for your kids. That is going to be beneficial to your family, but then also for your business, because it'll give you that time away to relax your brain so that you can come up with better ideas for the growth of your company. So as busy as you are, as busy as you know you need to be for the startup to be successful. Make sure you carve out that time know and I think, I think, if you wanted families. If your family, your kids or your wife, that are being paid attention to failing there is going to have a big impact. You want them to feel to be able to remove yourself or you know, your own business when you're there because you're always worried about, like your failures and vice, and vice versa, if you're doing well, it has positive effects on the other one you can on things you know having that time to decompress and eat I always joke that, you know there's laundry. The office was great I think got another idea or something we wanted to start with podcasts at 99, or 90, very little podcast for a run, listen to podcast I don't have emails coming in I don't have anything else in this community. Think about the things that I normally don't think about during busy day. I think both of those are a great way to make sure that you have those times to give her the support, have a good family, and also have a time to actually on your other great piece of advice. Yeah, I love it. Now as we wrap up before we do the bonus question that people want to reach out to they want to be a client they want to be a customer they want to be an employee, they want to be an investor, they want to be your next best friend, any or all of the above. What's the best way to reach out to them contact. My next best friend, sure. But, yeah, you can find me on LinkedIn, Jason Gila Kim di l li k i n, and then your fluence.com. So if you got your phones, calm, the contact form for you can always just email me directly Jason at your ruins.com. All right, well I definitely encourage everybody to reach out. Find out more as I'm like, their networking program. Definitely reach out. Thank you again for coming on the podcast like to share your podcast. This might be on the Genesis one mixture podcast. All of our previous reviews. All our last strategy meeting.com And now we've just wrapped up the normal time when I get it, we get to switch gears a bit and talk about the air go over and talk about that subject that is near and dear. Fingers whatnot that alternate over you ask your number one intellectual property. And I appreciate that. So, we just made. T shirts, and we've got a couple mottos that we put on T shirts. One of them is just press record, so there's there's a couple meetings there. One is for all those pod curious out there, I tell them just press record and see what you have, like, just, just do the thing just just start podcasting, do what you have, it's not live, you can always throw it out. And then the other meaning is for all the producers, editors out there. Remember to press record, anyway, so we put that on a t shirt so just press record, and then your phones on the back, the other one we did was record drunk edit sober, which means that you don't have to be drunk Sure you can, but you just want to be loose right when you're recording something you want to be able to dig in deep and say, Hey, We don't have to air this, but I have to ask, or this can be off the record, but I have to ask. Just, just be loose with everything and be comfortable, and then when you're in the editing process, that's where you can cut things out so record drunk edit sober, we put that on T shirt as well as an IP attorney. Do I need to be concerned about this like I haven't looked into trademarks or anything like how does that all work with that and especially when you get into coding. So there's typically two ways that you can protect, if you remember was. I'll get to how you protect it before you get to the question is, most relevant we should you know the word worthwhile. I would look at that as kind of given part of your brain and it's something critical to your brand and something that you're building it around to where it is something that identifies you at your business, where somebody else will be knocked off. That kind of urge know that when you're getting on cash rates like that I wouldn't, I would definitely have that value to your friend. On the other hand you're like Nikes just do it, and everybody associated with melting your mouth on your hand, you know, whatever, make you whatever you're, you know got mail. Whatever your catchphrase is, you're going to say okay that is a big part of the business, and then you're going to want to protect. So, first thing is, see whether or not it works. The second thing, and let's say now you get the point okay it's worthwhile to be part of our brand, then there's kind of two ways. One is if there is a unique look into this field, meaning it's not necessarily the branding part and he just created a cool looking shirt as assigned to it as you know, graphics, that's going to be on your copyrights anything it's kind of on that creative side where you just make something with the unique will look and compare predictable profits copyright basically allows a player to put on their own shirts on their website, it gives you ability to stop. The other one is on trademarking anymore for the brand is now that is the difficulty when you get into clothing lines. Most of the time when you see a cool t shirt, and it has a cool thing on it, you don't think about that being part of the brand using that's what he's saying. But he sees your, I'll give you an example, my favorite teacher is the simplest teacher but I always love it and it's just kind of fun to write by otherwise by the Buddy. Buddy shirt for his last favorite shirt. I love the shirt binding crowdfunders I have no idea whose brand it is and it has nothing to do with branding, and sometimes the problem is, trademark brand itself is tough to miss identifying associated with your brand name you can protect your trademark. Funny catchphrase clients can't really do. It's not really part of your trans, two avenues, both of which can give different points of attention, depending on the design is more tied to the brand. With that, that's my answer to your pop intellectual property advice from them if you were any of the audience has any other questions or want to grab some time with Mr. Jeff, feel free to go to strategy. COMM And sign up here. It's been a pleasure, and reach the next leg of your journey possible. Thanks so much.

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