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entrepreneurship
03/04/2016
11 minutes
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Today's question comes from Carl, who has decided that entrepreneurship is the right route for him. What are the first steps toward getting started? Do you have a question about getting started in entrepreneurship? Record it at http://www.askpat.com/. Today's sponsor is Freshbooks. Go to http://www.GetFreshBooks.com and enter "Ask Pat" for more information.
12/19/2016
less than a minute
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Chad Boeckmann of Secure Digital Solutions joins us for an interview. In startup news this week, we talk about why many boom-time startups are fizzling out, the average age of startup founders, why Johnson & Johnson is getting into startups, and much more. Stay tuned!
11/15/2016
about 1 hour
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Michael is joined by Joshua Marpet and Scott Lyons to talk about their experience building and supporting security startups. In the news, Owler's Cryptzone profile, Illumio releases new templates that offer better security, and why the top entrepreneurs are seeking corporate venture money. Stay tuned!
11/30/2016
29 minutes
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The Entrepreneur Journey When Corey first started Evolved Finance in 2010, he had no idea the success that would follow. As a millennial entrepreneur, Corey knew that he had to find a unique niche for his business to be successful. The internet world was booming – and has continued to boom – which has helped […] Read more... The post Entrepreneur Spotlight: Corey & Parker, Evolved Finance appeared first on Your Millennial Money.
11/16/2016
about 1 hour
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Michael Ackermann, CEO of a med-tech startup that created a tear-stimulation device for those with dry-eye disease, explains how acquisition by a global pharmaceutical giant is helping him achieve his goal of reaching as many patients as possible. Ackermann, a graduate of the Stanford Byers Center for Biodesign, also discusses why big tech companies have yet to disrupt healthcare and how that translates into big opportunities for entrepreneurs.
12/07/2016
43 minutes
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Entrepreneur Jay Kaplan, co-founder and CEO of Synack, describes how the idea of creating a cybersecurity service for enterprise businesses by crowdsourcing hackers went from sounding like a long shot to launching as a venture capital-backed startup. Kaplan, previously a senior analyst at the National Security Administration, talks about the virtues of government work and the nuances of “white hat” hacking.
10/12/2016
about 1 hour
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Distinguished professor and serial entrepreneur Joseph DeSimone discusses the vibrant chemistry that takes place at the intersection of science and the humanities, academia and industry, and within the walls of his 3D manufacturing startup Carbon. He describes how on-demand parts manufacturing could one day eliminate the need for business inventory and even end up in hospitals.
03/26/2017
about 1 hour
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The inspiring story behind Simple Green Smoothies started on a playground, with two mothers watching their kids play together. At the time, Jen Hansard and Jadah Sellner were both first-time mothers, and they shared a desire to get back into the workforce. But they decided they were going to do it on their own terms and by following their passions. In 2007, they officially made the jump from being playdate partners to professional collaborators when they began working together on a parenting blog. Not long after they were working on more projects together, with Simple Green Smoothies being one of them. What initially started off as a side-hustle turned into a full-fledged business, getting some serious traction after they discovered Instagram in 2012. Through a mixture of follower challenges, influencer marketing, and a whole ton of heart, they started building a multimillion-dollar business. Their key tactic? Focusing on community, first and foremost. “We listen to our community, we poll them all the time asking, 'What do you want from us?' 'What do you need?' 'What’s your biggest struggle right now?'," Hansard says. “Find ways to really nurture that tribe and get to know them, just like you would in a real romantic relationship, so that you can serve them to the best of your ability," Sellner says. From being stay-at-home mothers working multiple jobs in order to keep their families afloat, to being the co-founders of a multimillion-dollar business with thousands of customers, the story of Simple Green Smoothies is a must-listen for any entrepreneur. In this week's episode you will learn: Why it's all about building a community first How to reach out to influencers to help promote your product What social media platform you should use and how to figure out what works for you How to generate new leads by providing a free experience Why you need to focus on one core message when you're just starting out & so much more! This podcast episode was brought to you by SiteGround. Thinking about building your own website? Get started with the best web-hosting service around with SiteGround, with their 24/7 support, unbreakable security, and dedication to providing the best experience possible for you and your audience. You can't go wrong with SiteGround.
04/26/2017
30 minutes
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One of the best ways for an entrepreneur to come up with a great business idea is by scratching their own itch. If something's giving you trouble, it's likely that other people out there are feeling the same way. That's how it all started for Mike McDerment, back when he created FreshBooks. At the time, McDerment wasn't looking to create a new business, or invent some sort of revolutionary product to sell. He was just trying to solve his own problem—he was tired of using Microsoft Excel as a way to create and send invoices to clients. It originally started off as simple digital product to make his own life easier, but it wasn't long before others started taking an interest in McDerment's new tool. Instead of selling a complete software package, the common approach at the time, McDerment decided to try out a new business model that was relatively unheard of at the time. "The truth is, we were SaaS before there was SaaS. We were cloud before there was cloud," he says. While most people were selling software as licenses, McDerment was determined to build a product that would guarantee a predictable, recurring revenue. It was a new idea, and one that many consultants and others in their space advised against. And it's true that things didn't look great for McDerment and his co-founders after two years of developing and selling the product. "We had only 10 paying customers paying about 10 dollars a month each. To be making a hundred dollars month after that many human years of effort is by all accounts a failure. And we stuck with it because we really loved what we were doing and our customers were telling us that it was great. It was a little more colorful in the early days," McDerment says. Refusing to give up, McDerment and his co-founders pushed on, and in the years since, they've served more than 10 million customers, and grown into a company with over 250 employees. Today, FreshBooks is one of the most widely used and preferred methods of accounting and invoicing for small businesses everywhere, and it all began with a simple idea, the passion to never give up, and some interesting strategies for growth. In this episode you will learn: Why you shouldn't necessarily follow best practices How to grow and adapt as a leader Why the best leaders never need to have all the answers The importance of instilling the right values within your team and company culture What "guardrails" you need in order to have your company grow as fast as possible & much more!
04/06/2017
about 1 hour
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At 23, Katelyn Gleason faced, like many people in their early 20s, an existential crisis. She just didn't know what she wanted to do. "I started thinking about jobs. I was like 'God if I'm going to have to do this for the rest of my life it better be something I really care about, that can be my life's work, that I can really invest all of my time and all my energy into,'" Gleason says. Her first step was to start reading the biographies of some of the greatest individuals in human history—Marie Curie, Jane Austen, Abraham Lincoln, anything she could get her hands on. Gleason's goal was to learn as much as she could about these great people and how they managed to leave such a large legacy and imprint on humankind today. It wasn't long before Gleason found herself immersed in the world of healthcare, technology, and startups. It was there she found her purpose. Gleason noticed a problem in the medical industry that no one seemed to be talking about or trying to solve. Doctors and patients alike were getting bogged down with paperwork that was often confusing, and as a result, many were dealing with huge costs simply by filling out the wrong forms. The next nine months were spent at her kitchen table, furiously working on a solution to this problem. That solution would end up becoming Eligible, a medical billing startup designed to make it as simple as possible for doctors and insurance companies to work together and save everyone money, patients, doctors, insurance companies alike. As a two-time alumni of Y-Combinator, Gleason led Eligible from quietly testing and validating its product to becoming an explosive fast-growth company. Today, Eligible processes 14 million transactions per month, with a projected 50 million transactions by the end of the year, and has raised more than $25 million in funding. In this week's episode you will learn: Every step you need to take as the founder of a startup, from validating to raising capital How to gain proof of concept as quickly as possible Where to find co-founders to complement your own skills and talents What strategies you can use to build a fast-growth company How to manage the people around you and keep them focused on your goal & much more!