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Now We Build
Sam Marchant
31 episodes
3 days ago

Now We Build in a podcast hosted by Sam Marchant, an entrepreneur turned investor. Sam's conversations with seasoned company founders and operators will give you unique insights, wisdom and practical guidance on how to build your startup for success.


Now We Build is proudly sponsored by Google Cloud, Carta, Fuelled Insurance, and Seven Legal.


Hosted on Acast. See acast.com/privacy for more information.

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All content for Now We Build is the property of Sam Marchant and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Now We Build in a podcast hosted by Sam Marchant, an entrepreneur turned investor. Sam's conversations with seasoned company founders and operators will give you unique insights, wisdom and practical guidance on how to build your startup for success.


Now We Build is proudly sponsored by Google Cloud, Carta, Fuelled Insurance, and Seven Legal.


Hosted on Acast. See acast.com/privacy for more information.

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Business
Technology
Episodes (20/31)
Now We Build
#31 - Rory McEntee on viral marketing campaigns for Gymbox and how he's cementing GymNation as the GCC's most disruptive gym brand.

In this conversation, Rory shares his journey through the marketing landscape, focusing on his experiences with disruptive brands like Gymbox and Gymnation. He discusses the importance of community engagement, the art of creating memorable campaigns, and the challenges of measuring success beyond financial metrics. Rory emphasises the need for creativity, especially when working with tight budgets, and the role of cultural adaptation in marketing strategies. He also touches on the impact of AI in marketing, advocating for a balance between technology and human curiosity.


Key takeaways


  • Rory's journey into marketing began with a passion for disruptive brands.
  • Working agency side provided Rory with diverse brand experiences.
  • Transitioning to client side allowed Rory to own brand narratives.
  • Memorable campaigns often stem from real insights and community engagement.
  • Disruption in marketing requires buy-in from senior leadership.
  • Measuring success goes beyond financial metrics to include brand fame and community.
  • Physical experiences in gyms can translate into engaging digital content.
  • Budget constraints can foster creativity and innovative marketing tactics.
  • Community engagement is crucial for brand loyalty and retention.
  • Cultural differences must be considered when scaling marketing strategies.


Chapters


00:00 Introduction and Background

00:54 Career Path to Disruptive Marketing

03:40 Memorable Campaigns at Gymbox

09:23 The Art of Disruption in Marketing

14:03 Measuring Campaign Success

18:48 Bridging Physical and Digital Experiences

23:26 Budget Constraints as a Creative Advantage

28:22 Community Engagement and Brand Loyalty

33:19 Joining Gymnation and Future Plans

37:50 Cultural Adaptation in Marketing

42:33 The Role of AI in Marketing


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1 week ago
49 minutes 40 seconds

Now We Build
#30 - Alex Dirdin on being a x4 intrapreneur whose products have generated billions of dollars of revenue across the globe, and why we need more intrapreneurs.

In this conversation, Alex Dirdin shares his journey from launching the e-commerce vertical at GeoPost to his role at AmmanPost. He discusses the challenges of navigating corporate politics, the importance of stakeholder management, and the differences between startup and corporate environments. Alex emphasizes the need for alignment among stakeholders, the significance of a unifying purpose, and the role of passion in rallying support for new ideas. He also reflects on the evolving landscape of e-commerce in the Middle East and the strategic decisions involved in operating within a governmental framework.


Keywords


GeoPost, AmmanPost, e-commerce, corporate startups, stakeholder management, entrepreneurial journey, logistics, innovation, career development, Middle East, business development, product management, corporate ventures, AI in business, postal operations, strategy, entrepreneurship, tech knowledge, market validation, startup insights


Takeaways


  • Alex Dirdin launched the e-commerce vertical at GeoPost, transforming it into an industry leader.
  • The journey into e-commerce began unexpectedly through a friend's idea.
  • Launching a corporate startup involves navigating corporate politics and stakeholder management.
  • Overcoming internal resistance is crucial for success in corporate environments.
  • Aligning stakeholders with a common purpose enhances project support.
  • In startups, fast validation from the market is essential; in corporates, validation is more complex.
  • A strong MVP can help gain support and resources in both startups and corporates.
  • Understanding different stakeholders' motivations is key to effective persuasion.
  • Corporate environments often have slower learning loops compared to startups.
  • Passion and storytelling are vital for rallying support for new ideas. Navigating political dynamics can make business more interesting.
  • Balancing strategy and operations is crucial for success.
  • Alignment fatigue can hinder progress in corporate ventures.
  • Bypassing unnecessary validations can accelerate product development.
  • Business development focuses on creating new revenue streams.
  • Understanding technology is essential for product managers.
  • Validating ideas is more important than personal opinions.
  • AI can enhance product development but should not replace real-world validation.
  • Effective product management requires both art and science.
  • Working closely with founders can lead to more successful outcomes.


Sound Bites


"You're never the smartest person in the room."

"In startups, you fail faster and learn faster."

"Passion ignites people to support new ideas."

"Do we need to be an operator or a regulator?"

"I love being both strategist and operator."

"Alignment plays such a crucial role."

"You bypassed necessary validations."

"The founder's vision excited me."


Chapters


00:00 The Journey Begins: Alex's Career at GeoPost

08:00 Navigating Corporate Politics: Stakeholder Management Insights

12:00 From GeoPost to AmmanPost: Embracing New Challenges

19:32 Navigating Political Intrigues in Business

20:32 The Complexity of International Postal Operations

21:55 The Balance of Strategy and Operations

22:41 Challenges in Corporate Ventures

23:49 Learning from Past Experiences

26:14 Defining Business Development

28:35 The Importance of Tech Knowledge

29:41 Principles of Product Management

32:33 The Role of AI in Product Development

34:26 AI's Impact on Business Development

37:26 Embracing New Opportunities at RSA Global



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6 months ago
45 minutes 26 seconds

Now We Build
#29 - Yuri Misnik on leading tech teams as the Global CIO of HSBC, National Australia Bank and First Abu Dhabi Bank, and why software engineers not using AI won't survive

In this conversation, Yuri Misnik shares his extensive career journey from Microsoft to AWS and then to HSBC, discussing the evolution of technology, project management best practices, and the cultural differences between major tech companies. He emphasizes the importance of communication, leadership, and customer obsession in driving successful technology initiatives.


Keywords


Yuri Misnik, Microsoft, AWS, HSBC, technology leadership, project management, cloud computing, corporate culture, digital transformation, mission critical systems, leadership, innovation, banking, technology, AI, startups, vendor selection, cloud computing, digital transformation, agile


Takeaways


  • Yuri Misnik emphasizes the importance of being in the right place at the right time in one's career.
  • He highlights the rapid evolution of technology in the early 2010s, particularly in cloud computing.
  • Yuri discusses the significance of customer relationships in technology projects.
  • He notes that Microsoft was perceived as a lower-cost alternative for mission-critical systems during his tenure.
  • The need for modernization drove many organizations to migrate to Microsoft platforms.
  • Effective communication and team collaboration are crucial for project success.
  • Yuri reflects on the cultural differences between Microsoft and Amazon, particularly in customer focus.
  • He believes that Amazon's leadership principles are embedded in daily operations, unlike many other companies.
  • Yuri advocates for building capable leadership teams and empowering them to make decisions.
  • He stresses the importance of transparency in communication when managing large teams. Your job as a leader is to remove obstacles.
  • Trusting your team is essential for effective leadership.
  • Innovation in banking requires a cultural shift.
  • Balancing risk management with innovation is crucial.
  • Controls should be treated as software products.
  • Vendor selection should prioritize agility over tradition.
  • Startups must understand large organizations' internal processes.
  • AI is a powerful tool that requires proper training.
  • Foundational knowledge is necessary for effective AI use.
  • Being proactive in AI adoption is key to staying relevant.


Titles


  • From Microsoft to AWS: A Tech Journey
  • Navigating Corporate Culture in Tech
  • Leadership Lessons from a Tech Veteran


Sound Bites


"It's great to hit record."

"I was lucky to be at the right time."

"The trick was about the quality of people."

"Amazon was known for its customer obsession."

"My job is to remove obstacles."

"AI is a very big thing, an amazing tool."

"You will be fired if you're not using AI."


Chapters


00:00 Introduction and Career Beginnings

02:51 Transition to Microsoft and Mission Critical Projects

06:02 Best Practices in Project Management

08:57 Joining AWS and Cultural Insights

11:57 Cultural Differences: Microsoft vs. Amazon

15:07 Leadership at HSBC and Managing Large Teams

19:06 Empowering Leadership and Trust

20:37 Innovation in Banking: A Cultural Shift

22:31 Balancing Control and Innovation

24:06 Vendor Selection: Agile vs Traditional

25:30 Advice for Startups Selling to Enterprises

27:25 Transitioning to the National Australia Bank

30:08 The Excitement of AI in Technology

33:25 Caution in AI Adoption and Development




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6 months ago
38 minutes 24 seconds

Now We Build
#28 - Santi Rasanayagam on allocating a +$100m acquisition war chest, leading 800 people and why CFOs need to spend more time with customers.

In this conversation, Santi Rasanayagam shares his journey from CFO to CEO of the Sahara Group, discussing the challenges and insights gained along the way. He emphasizes the importance of adapting to change, understanding client needs, and the strategic role of acquisitions in business growth. Santi reflects on the differences between his roles as CFO and CEO, highlighting the importance of mindset and the need for leaders to engage with clients and their teams.


Keywords


CFO, CEO, acquisitions, logistics, leadership, business growth, East Africa, Sahara Group, finance, strategy, business transitions, acquisition preparation, CFO role, CEO-CFO relationship, business growth strategy


Takeaways


  • Santi emphasizes the importance of adapting to changing circumstances in business.
  • He highlights the need for CFOs to be involved in strategy, not just financial oversight.
  • Santi's journey from CFO to CEO involved significant personal sacrifices.
  • Understanding client needs is crucial for business success.
  • Santi believes that the right mindset is more important than industry experience.
  • He discusses the challenges of managing a larger team as a CEO.
  • Santi enjoyed the CFO role more due to its focus on growth and strategy.
  • Acquisitions should align with the overall business strategy and goals.
  • Santi stresses the importance of understanding the business being acquired.
  • He shares insights on the cultural differences in business operations across regions. We let some customers go to bring in new ones.
  • Acquiring businesses can leapfrog your business.
  • CFOs must think about risk management.
  • Preparation is key to a successful transaction.
  • The CEO and CFO should be joined at the hip.
  • Execution has to be flawless for business success.
  • The price is an outcome of running a proper business.
  • You need to have your finances in order before an acquisition.
  • You can't just buy and forget about an acquisition.
  • Founders should focus on solving client problems, not just getting acquired.


Titles


  • From CFO to CEO: A Journey of Growth
  • Navigating Leadership in Logistics
  • The Art of Strategic Acquisitions
  • Adapting to Change in Business


Sound Bites


"I've never been a CFO before."

"I was made the CEO in 2021."

"Being a CEO can be a bit lonely."

"We actually let some customers go."

"You can't just buy and forget about it."

"A CFO needs to think about risk."

"You need to have your finances in order."

"You have to be on the same page."


Chapters


00:00 Introduction and Background

02:58 Transition to CFO Role

05:55 Becoming CEO and Leadership Challenges

08:53 Acquisitions and Growth Strategy

20:43 Navigating Business Transitions

23:59 Preparing for Acquisition: Key Considerations

28:17 The Role of CFO in Growing Businesses

34:50 CEO and CFO: A Unified Vision for Success

39:31 Final Thoughts on Business Growth and Strategy




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6 months ago
44 minutes 43 seconds

Now We Build
#27 - Jing Ouyang on scaling Patchwork Health to save the NHS over £100m annually, and how medical students and practitioners can find their entrepreneurial spark.

In this conversation, Jing Ouyang shares his entrepreneurial journey, starting from his first business, Podlearn, which aimed to democratize medical education. He discusses the challenges faced in transitioning to a social enterprise with Healthy Future and the lessons learned from both ventures. The discussion then shifts to the founding of Patchwork, inspired by the inefficiencies in healthcare staffing, and how personal experiences and insights led to the creation of a marketplace model for doctors. Jing emphasizes the importance of understanding pain points and validating ideas through real-world experiences.


Keywords


entrepreneurship, medical education, e-learning, social enterprise, healthcare innovation, Patchwork, locum shifts, startup journey, business challenges, medical technology, healthcare, entrepreneurship, fundraising, NHS, startup mistakes, clinician experience, growth strategies, medical students, MVP, cost savings


Takeaways


  • Podlearn was a formative experience for Jing and Mohammed.
  • The idea for Podlearn emerged from a desire to democratize medical education.
  • Early entrepreneurial experiences laid the groundwork for future successes.
  • Healthy Future was a response to the lessons learned from Podlearn.
  • The transition from Podlearn to Healthy Future highlighted the importance of sustainable business models.
  • Patchwork was inspired by the inefficiencies in booking locum shifts.
  • The founding team of Patchwork recognized a national problem in healthcare staffing.
  • Anas's experience as a Darzi Fellow provided valuable insights for Patchwork.
  • Testing the Patchwork idea involved validating pain points with fellow doctors.
  • The journey of building Patchwork was marked by learning and adaptation. The initial product was buggy but proved the core mechanic.
  • Mistakes made in the early stages were valuable lessons.
  • Patience is crucial in the healthcare industry.
  • Fundraising is challenging, especially for first-time founders.
  • Building relationships with investors is key to success.
  • Cost savings for the NHS are a measure of success.
  • Clinician experience drives efficiency and outcomes.
  • Empathy for stakeholders is essential in healthcare sales.
  • Sales cycles in healthcare are long and require relationship building.
  • Starting early in entrepreneurship provides valuable experience.


Titles


  • From Medical Student to Entrepreneur: Jing Ouyang's Journey
  • Building Bridges in Medical Education: The Podlearn Story
  • Creating Impact: The Social Enterprise Approach
  • Innovating Healthcare Staffing: The Birth of Patchwork


Sound Bites


"This is not just something unique to us."

"We proved the core mechanic."

"We made so many mistakes."

"None of those mistakes were fatal."

"Fundraising is never easy."

"We could gain traction despite the odds."

"Clinician experience is at its core."

"Start early and launch things."


Chapters


00:00 The Entrepreneurial Journey Begins

07:17 Transitioning to Social Enterprise

13:27 The Birth of Patchwork

20:02 Testing the Waters: Building a Marketplace

21:58 Building the MVP and Initial Success

22:48 Lessons Learned from Early Mistakes

25:29 Navigating the Fundraising Journey

29:51 Measuring Success and Growth Opportunities

32:41 Driving Growth in the NHS

36:34 Advice for Aspiring Entrepreneurial Clinicians


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7 months ago
44 minutes 6 seconds

Now We Build
#26 - Eli Frank on being Chief of Staff at Samsung, exiting two startups, and what why the Chief of Staff role is better than an MBA.

In this conversation, Eli shares his unique journey from a high school tragedy that sparked his entrepreneurial spirit to his experiences in the music industry and the Web3 space. He discusses the transition from being a founder to a chief of staff, emphasizing the importance of adaptability and continuous learning. Eli reflects on the skills gained from working in the C-suite and the challenges of navigating leadership dynamics, particularly in a dual CEO environment. His insights highlight the blend of personal growth, strategic thinking, and the value of mentorship in shaping a successful career.


Keywords


entrepreneurship, chief of staff, music industry, web3, leadership, personal growth, education, business strategy, C-suite, mentorship, Chief of Staff, Board Management, Corporate Transition, Startup Culture, Leadership, Emotional Intelligence, Career Development, Inclusive Fashion, Team Dynamics, Professional Growth


Takeaways


  • Eli's journey began with a tragedy that inspired him to create positive change.
  • His early experiences in the music industry were both challenging and rewarding.
  • Eli's ventures in Web3 showcased the fast-paced nature of the tech world.
  • Education and real-world experience complement each other in entrepreneurship.
  • The chief of staff role requires versatility and problem-solving skills.
  • Building relationships and understanding team dynamics are crucial in leadership.
  • Eli learned the importance of storytelling in business and PR.
  • Navigating dual leadership requires balancing different priorities and perspectives.
  • Timing is key when considering the addition of a chief of staff.
  • Continuous learning and adaptability are essential for success in any role. Managing a board requires different communication styles.
  • Understanding the perspectives of various stakeholders is crucial.
  • Transitioning from startup to corporate involves significant cultural shifts.
  • Building relationships is key to effective leadership.
  • Productivity increases when empowering team members.
  • A Chief of Staff role can vary greatly across organizations.
  • Being proactive and approachable fosters collaboration.
  • Diverse experiences shape leadership styles and approaches.
  • Inclusivity in fashion is essential for broader representation.
  • Networking and mentorship are vital for career growth.


Titles


  • From Tragedy to Triumph: Eli's Entrepreneurial Journey
  • Navigating the Music Industry: Lessons Learned
  • Web3 Ventures: Challenges and Opportunities



Sound Bites


"How do we find resolution?"

"It's a people role."

"This is totally different."

"What can I do to teach people?"

"Do cool shit with cool people."

"I don't really like titles."

"I love meeting cool people."


Chapters


00:00 Eli's Journey Begins: From Tragedy to Entrepreneurship

02:08 Diving into the Music Industry: Early Experiences

04:06 Exploring Web3: Ventures and Challenges

06:10 The Value of Experience: Learning vs. Education

07:12 Transitioning to Chief of Staff: A New Role

10:20 Lessons from the C-Suite: Skills and Insights

12:30 Navigating Leadership: The Role of a Chief of Staff

14:03 Understanding Growth: When to Hire a Chief of Staff

16:12 Working with Dual CEOs: Balancing Perspectives

17:22 Navigating Board Dynamics

20:03 Transitioning from Startup to Corporate

26:54 Finding the Right Chief of Staff Role

31:25 Building Inclusive Fashion Brands



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7 months ago
38 minutes 39 seconds

Now We Build
#25 - Denis Konoplev on exiting and building four startups, why founders should obsess over product, and how to build successful companies in the Middle East.

In this conversation, Denis Konoplev shares his experiences navigating different startup ecosystems, particularly contrasting the UK, UAE, and US markets. He discusses the unique challenges and opportunities in each region, emphasizing the importance of customer validation and the need for startups to adapt to local market dynamics. Denis also highlights his journey with Moonin, the significance of building relationships in sales, and the exciting potential of leveraging technology in traditional industries.


Keywords

startup, entrepreneurship, Disperse, Seafood Souq, venture capital, ideation, user experience, accelerator, founder market fit, technology, startup ecosystems, UAE, UK, US market, customer validation, selling strategies, technology, financial freedom, venture building, entrepreneurship


Takeaways

  • Denis started Disperse during university, driven by a personal need.
  • The initial idea for Disperse emerged from a group project at LSE.
  • Early validation came from working with small businesses and cafes.
  • Accelerator programs can provide crucial guidance for startups.
  • Pivoting is essential when initial ideas do not scale.
  • Cold outreach on LinkedIn can lead to unexpected opportunities.
  • Founder market fit is nuanced; expertise can be sourced from others.
  • User experience is critical in enterprise software development.
  • Simplicity and functionality should guide product design.
  • Competition in the startup space demands a focus on user experience. Customer love is crucial for product success.
  • The UAE offers unique opportunities for startups.
  • Understanding local market dynamics is essential.
  • The US market is highly competitive and rigorous.
  • Experience helps in interpreting customer signals.
  • Pre-sell before writing any code for validation.
  • Face-to-face interactions are vital in sales.
  • Be direct and efficient in communication.
  • Building relationships is key in business.
  • Leveraging AI can transform traditional industries.


Sound Bites

  • "You can't be married to what you're building"
  • "You have to take knowledge from a lot of places"
  • "Does it make your customer love it? Yeah, 100%."
  • "The UAE was like paradise for startups."
  • "The US is like nothing else I've experienced."
  • "You have to understand the problem well enough."
  • "People want to move from A to B extremely fast."
  • "Just be a person."


Chapters

00:00 Introduction and Background

01:02 The Journey of Disperse: Ideation and Problem Discovery

03:59 Early Validation and Monetization Challenges

06:04 Accelerator Experience and Pivoting Strategies

09:02 Raising Capital and Navigating VC Landscape

11:55 Founder Market Fit and Validating New Opportunities

15:07 Transition to Seafood Souq: A New Venture

16:59 Lessons Learned and User Experience in Software Development

21:31 Navigating Startup Ecosystems: UK vs UAE

24:58 Scaling Ventures: Insights from the US Market

26:29 The Founding Journey of Moonin

31:22 The Importance of Customer Validation

34:42 Selling in the US: Strategies for Success

37:36 Embracing Technology in Traditional Industries


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7 months ago
45 minutes 45 seconds

Now We Build
#24 - Nelio Leone on being part of the founding team at Careem, why Careem's culture allowed it to win, and how startups should think about growth in 2025.

In this conversation, Nelio shares his journey from corporate life at L'Oreal to the startup ecosystem with Careem. He discusses the insights gained from understanding consumer behavior in emerging markets, the challenges of building a brand in a new market, and the innovative strategies that led to Careem's growth. Nelio emphasizes the importance of a culture that allows for experimentation and learning from failures, as well as the significance of maintaining brand consistency while scaling across different regions.


Keywords


growth, marketing, startups, Careem, brand strategy, consumer behavior, digital marketing, entrepreneurship, innovation, corporate experience, Kareem, Washman, startup culture, growth strategies, customer acquisition, founder mistakes, DTC, brand building, operational excellence, team dynamics


Takeaways

  • Nelio's experience at L'Oreal provided valuable insights into consumer behavior.
  • Understanding local markets is crucial for successful product launches.
  • Digital marketing played a key role in influencing consumer decisions in Saudi Arabia.
  • The startup ecosystem in the Middle East was limited but full of potential.
  • Careem's growth was driven by a strong brand narrative and innovative marketing strategies.
  • Embracing failure as a learning opportunity fosters a culture of innovation.
  • Personalized communication can significantly impact customer retention.
  • Building a strong team with diverse backgrounds is essential for success.
  • Scaling a brand requires maintaining a consistent culture across different markets.
  • Effective hiring processes contribute to the long-term success of a startup. Building a strong company culture is essential for scaling.
  • Recognizing team fit is as important as performance.
  • Different startups require different operational approaches.
  • Customer acquisition strategies must be tailored to the product.
  • Founders often underestimate the importance of retention optimization.
  • Many founders lack a deep understanding of their market.
  • It's crucial to validate ideas through sales before building.
  • A polished product can lead to better customer retention.
  • Growth metrics can drive a startup's existence.
  • The approach to growth should align with the business model.


Sound Bites

  • "I realized that there is definitely something in this"
  • "I was ready to sort of gamble my corporate career"
  • "I really wanted to give it a shot"
  • "You were allowed to fail"
  • "It promotes innovation"
  • "It was a mix of strong vibe overall"
  • "I just want to work with you. What are you building?"
  • "Let's make laundry great again."
  • "A lot of these founders lacked fundamentals."

Chapters

00:00 The Journey Begins: Corporate Roots and Market Entry

03:03 Insights from the Ground: Understanding Consumer Behavior

06:03 The Leap to Startups: Embracing Change and Opportunity

09:02 Building a Brand: Growth Strategies at Careem

11:59 Navigating Challenges: Trust and Brand Positioning

15:01 Innovative Campaigns: Learning from Wins and Losses

21:04 Scaling Culture: Maintaining Consistency Across Markets

23:06 Building a Meaningful Culture at Kareem

27:19 Transitioning to Washman: A New Challenge

31:32 Growth Strategies and Customer Acquisition at Washman

37:49 Common Growth Mistakes Founders Make

42:14 The Importance of Selling Before Building



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7 months ago
48 minutes 44 seconds

Now We Build
#23 - Tara Sakhuja on building product at Facebook and Bumble, how AI is changing the way we build products, and why big tech culture can make or break you.

In this conversation, Tara Sakhuja shares her insights on the differences in business culture between the US and UK, the transition from corporate roles at Facebook and Bumble to founding her own startup, Data Dumpling. She discusses the importance of customer feedback in product development, the often underestimated role of sales in a startup, and how to evolve product strategy in a rapidly changing environment. Tara emphasizes the need for flexibility and customer-centricity in building products, and she encourages aspiring founders to focus on understanding sales and customer relationships.


Keywords


product management, startups, data-driven decisions, cultural differences, Bumble, Facebook, product development, entrepreneurship, marketing, career journey, business culture, startup, product management, sales, entrepreneurship, customer feedback, product development, AI tools, data dumpling, corporate experience


Takeaways

  • Tara's journey into product management began with a rejection of a law career.
  • Persistence and networking were key to landing a role at Facebook.
  • Cultural differences significantly impact product management strategies.
  • Data-driven decision-making is crucial in product development.
  • Startups should focus on the 80-20 principle for data tracking.
  • Testing small changes can lead to significant improvements.
  • Tara's motivation for joining Bumble was to address loneliness.
  • The speed of decision-making differs between UK and US companies.
  • Customer insights can drive data exploration and product development.
  • Building strong team culture is essential for product success. US culture is more action biased compared to the UK.
  • Bumble operates as a family of apps, not just one.
  • Internal tools can create significant divides in efficiency.
  • Feedback can be gathered without writing code.
  • Sales is a critical role for founders to understand.
  • Founders should learn from market leaders in sales.
  • Wireframes can provide valuable feedback before coding.
  • Great PMs empower their teams to be independent.
  • Customer-centricity is key in product development.
  • Engagement on platforms like LinkedIn is important for networking.


Titles

  • From Law to Product Management: Tara's Journey
  • Cultural Insights in Global Product Management
  • The Role of Data in Product Development


Sound Bites

  • "Go with the 80-20 principle."
  • "I wanted a new mountain to climb."
  • "US culture is more action biased."
  • "Bumble is not just the Bumble app."
  • "Internal tools create a big divide."
  • "I wish I had spent more time on sales."
  • "You can find me on LinkedIn."


Chapters

00:00 Journey into Product Management

03:03 Cultural Differences in Product Management Across Geographies

06:04 Data-Driven Decision Making in Product Development

08:52 Navigating Startup Challenges with Data

12:04 Transitioning to Bumble: New Opportunities and Challenges

15:02 Comparing Product Management in the UK and US

18:10 Cultural Differences in Business Speed

22:13 Transitioning from Corporate to Startup

26:20 Building a Product: Feedback and Iteration

30:00 The Surprising Role of Sales in Founding

32:50 Evolving Product Strategy in a Startup

35:33 Connecting with Tara and Data Dumpling



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8 months ago
39 minutes 38 seconds

Now We Build
#22 - Steve James on leading ecommerce and marketing at GiffGaff, Virgin Mobile and Property Finder, and how to use behavioural marketing

In this conversation, Sam Marchant interviews Steve, a prominent figure in e-commerce and marketing, discussing his journey from EE to GiffGaff. Steve shares insights on online transformation, customer acquisition strategies, and the importance of behavioral marketing. He emphasizes the significance of creating a strong customer relationship and the innovative approaches taken at GiffGaff to enhance customer experience and satisfaction.


Keywords


e-commerce, marketing, customer acquisition, behavioral marketing, online transformation, GiffGaff, EE, customer experience, conversion rate optimization, cycling, Gift Card Portfolio, Virgin Mobile, PropTech, Customer Engagement, Behavioral Marketing, Data Utilization, Market Strategies, Customer Satisfaction, Mobile Industry, UAE Market


Takeaways


  • Steve's cycling background adds a personal touch to the conversation.
  • EE was a giant in the UK telco market, and Steve played a key role in its online transformation.
  • The online channel at EE grew from 4-5% to 35% during Steve's tenure.
  • GiffGaff offered a more innovative and agile environment compared to EE.
  • Customer acquisition at GiffGaff relied heavily on PPC, display, and affiliate models.
  • A/B testing and conversion rate optimization were central to GiffGaff's strategy.
  • GiffGaff's focus on member satisfaction created a unique brand loyalty.
  • Behavioral marketing combines psychology with commercial decision-making.
  • Testing different strategies led to significant improvements in customer conversion rates.
  • Building long-term relationships with customers is crucial for business success. Customer satisfaction should be prioritized over cost-saving measures.
  • Testing customer behavior can lead to unexpected positive outcomes.
  • Engaging customers through personalized communication enhances retention.
  • Understanding market dynamics is crucial when entering new territories.
  • Innovative service delivery can significantly improve customer experience.
  • Behavioral insights can inform better marketing strategies.
  • Creating a competitive environment among agents can boost performance.
  • Utilizing data effectively can enhance customer engagement.
  • Subconscious influences play a significant role in consumer behavior.
  • Companies must explore deeper insights into customer needs. 


Sound Bites


"He's one of the strongest cyclists here in the UAE."

"I was one of the first employees actually within EE."

"We launched 4G at the time as well."

"We were running tests basically all the time."

"We started this storm of positive feedback."

"We were launching the telco on an app only."

"We had a beautiful moment in time at Virgin."

"We treated our agencies as consumers essentially."

"The subconscious was running the show."


Chapters


00:00 Introduction to Steve and His Cycling Background

01:01 Steve's Journey at EE: Online Transformation

04:32 Transition to GiffGaff: A New Challenge

06:17 Customer Acquisition Strategies at GiffGaff

09:11 Creating Customer Love at GiffGaff

11:41 Scaling Customer Relationships

12:55 The Importance of Behavioral Marketing

15:21 Testing and Insights: The SIM Pack Experiment

21:03 Ongoing Customer Relationships and Behavioral Marketing

23:07 Understanding Gift Card Portfolio Dynamics

29:11 Transitioning to Virgin Mobile in the UAE

35:40 Innovating in PropTech with Property Finder

41:12 Behavioral Insights and Customer Engagement Strategies




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8 months ago
50 minutes 49 seconds

Now We Build
#21 - Dhruv Ghulati on AI & ML at Uber, exiting Factmata and how to build AI products people actually want

In this conversation, Dhruv Ghulati shares his unique journey from finance to the tech startup world, detailing his experiences at various companies, including Import IO and Weave AI. He discusses the cultural shift he experienced, the importance of data in startups, and how his background in finance shaped his understanding of technology. Dhruv reflects on the evolution of AI and the necessity for founders to possess technical knowledge in today's competitive landscape. He also emphasizes the value of education and self-reflection in his journey towards becoming a founder. 


Keywords


startups, AI, technology, entrepreneurship, data, finance, career journey, product management, machine learning, tech culture, entrepreneurship, AI, fact-checking, fundraising, investor alignment, tech journey, product management, self-awareness, career transition, startup challenges


Takeaways


  • Dhruv's journey into startups began with a background in finance.
  • He developed a passion for technology while working in finance.
  • Learning to code was a significant part of his transition to tech.
  • The culture of technology is collaborative and supportive.
  • Data plays a crucial role in modern startups.
  • Experiences at Import IO and Weave AI shaped his entrepreneurial mindset.
  • The evolution of AI has changed the landscape for startups.
  • Founders today must have a strong technical understanding.
  • Education and self-reflection are vital for personal growth.
  • Dhruv's experiences at hackathons were both humbling and enlightening. Credentialism can make traditional paths seem less risky.
  • Pursuing curiosity can lead to unexpected opportunities.
  • Building a fact-checking system was a personal mission.
  • Learning from scratch is a valuable part of the journey.
  • Funding is crucial but challenging to secure.
  • Investor alignment is key to successful fundraising.
  • The journey of building a company is mentally draining.
  • Recognizing personal strengths and weaknesses is essential.
  • Transitioning from founder to employee requires adjustment.
  • Uber encourages entrepreneurial thinking within its culture.


Sound Bites


"I got really passionate about tech."

"You have to understand technically what you're building."

"I learned more the skills of product management."

"I felt kind of articulate about those things."

"It was less risky, right? Cause it was credentialism."

"I was getting at it from scratch."

"I wanted to build a fact checking system."

"I took this 50K and that led to the journey of Factmata."

"I took out like a 25K loan."

"I got a reply back that he was interested in."

"I think they’re completely useless."


Chapters


00:00 Journey into Startups: The Beginning

03:02 From Finance to Tech: A Shift in Career

06:01 The Culture of Technology: Learning and Growth

08:59 Data-Driven Insights: The Role of Data in Startups

11:58 The Path to Founding: Lessons from Import IO and Weave AI

15:02 The Evolution of AI: Comparing Past and Present

17:57 Building a Startup: The Importance of Technical Understanding

20:58 The Catalyst for Change: Education and Self-Reflection

27:29 Navigating the Path of Curiosity

28:54 The Journey of Idea Development

30:52 Building a Fact-Checking System

32:17 From Thesis to Entrepreneurial Venture

34:38 The Challenge of Fundraising

36:05 Investor Alignment and Storytelling

39:12 Lessons from Building a Groundbreaking Company

41:28 The Decision to Step Back as CEO

46:19 Transitioning to Uber AI

52:40 Embracing Entrepreneurial Spirit at Uber


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10 months ago
59 minutes 59 seconds

Now We Build
#20 - Sammy Ennebt on leading growth at Revolut, launching Wio Bank and Thirday, and why more founders should consider building in Saudi Arabia.

In this conversation, Sammy Ennebt shares his experiences building in the Australian banking ecosystem before 2008, the rise of digital banking, and his journey with Revolut and WIO in the GCC. He discusses the transformation of the banking sector, the importance of understanding customer needs, and the regulatory landscape that supports innovation. Sammy also highlights the exciting opportunities in Saudi Arabia's growing economy and the importance of mentorship in the region.


Keywords


Australian banking, digital transformation, Revolut, WIO, GCC fintech, regulatory environment, Saudi Arabia, banking innovation, customer experience, startup ecosystem


Takeaways


  • The Australian banking ecosystem pre-2008 was characterized by cheap credit and aggressive expansion.
  • Digital banking has transformed customer expectations, leading to a demand for mobile banking solutions.
  • Revolut's culture fosters a fearless approach to innovation and expansion.
  • Successful digital banks focus on operating models and customer data rather than just balance sheets.
  • The GCC offers significant opportunities for fintech startups, supported by substantial funding.
  • Regulators are key partners in ensuring safety and innovation in banking.
  • Saudi Arabia's young, tech-savvy population presents a ripe market for banking innovation.
  • Understanding local history and culture is crucial for success in new markets.
  • Building a strong team is essential for navigating the challenges of the fintech landscape.
  • Mentorship and legacy-building are important aspects of leadership in the region.


Sound Bites


"It was kind of the good old days of cheap credits."

"There's only one Revolut and it's hard to explain."

"Saudi Arabia is an amazing story."

"This is a young, vibrant, highly intelligent economy."

"I just love to build stuff."


Chapters


00:00 Building in the Australian Ecosystem Pre-2008

02:53 The Rise of Digital Banking and Revolut's Expansion

06:09 Transitioning to WIO: Opportunities in the GCC

09:03 Navigating the FinTech Landscape in the GCC

11:47 Regulatory Challenges and Innovations in Banking

14:58 Building in Saudi Arabia: Insights and Opportunities



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11 months ago
39 minutes 32 seconds

Now We Build
#19 - Hubert Behaghel on leading tech at Sky, Marks & Spencer, Typeform and Veriff, how to build winning tech teams, and why startup CTOs need to be hands-on.

In this conversation, Hubert Behaghel shares his journey from a young coder to a prominent tech leader, discussing his experiences at Sky, Marks and Spencer, and Typeform. He emphasizes the importance of innovation in corporate environments, the often-overlooked value of internal tech optimization, and the challenges of leadership in tech. Hubert also reflects on his transition to a startup environment and the lessons learned in motivating teams and fostering a culture of collaboration. In this conversation, Hubert Behaghel discusses his journey through midlife and the entrepreneurial mindset he developed while working in large tech companies. He shares insights on scaling challenges, tech debt, and the importance of strong leadership in startups. Hubert emphasizes the need for hands-on leadership, the significance of a solid technical foundation, and the evolving role of AI in decision-making processes. He also addresses the complexities of the CTO role and the impact of inflation on job titles in the tech industry.


Keywords


engineering, innovation, corporate tech, leadership, internal optimization, Marks and Spencer, Typeform, motivation, technology, career journey, entrepreneurship, scaling, tech debt, leadership, startups, AI, CTO, budgeting, growth strategies, team dynamics


Takeaways


  • Started coding at 10 years old, driven by passion.
  • Innovation in large companies often comes from small teams.
  • Internal tech optimization is crucial but often overlooked.
  • Leadership is about serving the engineers and enabling them.
  • Building a strong foundation is key to success in tech.
  • Understanding the value chain is essential for tech investment.
  • Creating space for teams to innovate is vital.
  • Breaking down problems into smaller tasks enhances productivity.
  • Motivating teams requires authenticity and connection.
  • Transitioning to a startup brings new challenges and opportunities. Finding a balance between personal life and entrepreneurial aspirations is crucial.
  • Scaling challenges are common across companies of all sizes.
  • Tech debt can hinder growth and needs to be managed effectively.
  • Budgeting and cost management are essential for startup success.
  • Hands-on leadership is necessary for navigating growth stages.
  • A strong technical foundation is vital for long-term success.
  • The role of the CTO is evolving and requires strategic thinking.
  • AI tools can enhance decision-making and learning processes.
  • Understanding team dynamics is key to effective leadership.
  • Inflation of job titles can create credibility issues in startups.


Titles


  • From Coder to CTO: Hubert Behaghel's Journey
  • Innovation in Tech: Insights from Hubert Behaghel
  • The Overlooked Importance of Internal Tech Optimization
  • Leadership in Tech: Challenges and Solutions


Chapters


00:00 Introduction and Early Career Journey

02:55 Innovation in Corporate Environments

06:00 The Importance of Internal Tech Optimization

08:47 Leadership Challenges in Tech

11:51 Transitioning to Marks and Spencer

15:05 Building Teams and Motivating Engineers

17:59 Joining Typeform and the Startup Experience

25:19 Navigating Midlife and Entrepreneurial Aspirations

26:11 Scaling Challenges in Tech Companies

27:09 Understanding Tech Debt and Company Growth

28:59 Cost Management and Budgeting in Startups

30:20 Leadership and Team Dynamics in Startups

31:23 Building Strong Foundations for Growth

34:40 The Role of the CTO in Startups

41:14 AI's Impact on Technology and Decision Making



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12 months ago
49 minutes 19 seconds

Now We Build
#18 - Ziyaad Ahmed on exiting, re-acquiring, and exiting again the first BNPL platform in MENA, and why most investors don't understand co-founder relationships.

In this conversation, Ziyaad Ahmed shares his entrepreneurial journey, detailing the founding of Spotii, a FinTech company in the UAE, and the challenges faced in building a startup in a developing ecosystem. He discusses the impact of COVID-19 on consumer behavior, the fundraising landscape in the UAE, and the unique dynamics of being co-founders with his sister. Ziyaad also reflects on the acquisition of Spotii by Zip and the subsequent transition to a new venture focused on AI.


Keywords


Spotii, FinTech, UAE, entrepreneurship, COVID-19, fundraising, sibling co-founders, acquisition, AI, startup ecosystem


Takeaways


  • Spotii was founded to address a gap in the MENA region's payment industry.
  • The UAE's startup ecosystem has evolved significantly in recent years.
  • COVID-19 accelerated the shift towards online shopping in the region.
  • Fundraising in the UAE is dominated by family offices and government funds.
  • Sibling co-founders can leverage their trust to navigate challenges effectively.
  • Acquisition offers can be both flattering and strategically beneficial.
  • Transitioning to a capital-light business model can mitigate risks.
  • AI is seen as a transformative force in various industries.
  • Building a strong tech stack is crucial for startup success.
  • The journey of entrepreneurship is often filled with emotional highs and lows.


Titles


  • Building a FinTech Revolution in the UAE
  • From Employee to Entrepreneur: The Spotii Story
  • How COVID-19 Changed Consumer Behavior


Sound Bites


"This is a product that could do really well."

"The UAE has made great strides over the past five years."

"65% of startups will fail because of founder disagreement."

"We want to build out a global BNPL platform."

"It's incredibly flattering when someone wants to acquire you."

"We managed to sign on Amazon, for example."

"We decided to pivot the business to avoid capital requirements."


Chapters


00:00 The Founding Journey of Spotii

02:56 Navigating the UAE Startup Ecosystem

05:55 Impact of COVID-19 on Business

08:48 Fundraising Landscape in the UAE

11:56 Sibling Co-Founders: A Unique Dynamic

14:58 Acquisition Journey of Spotii

17:50 Transitioning to AI and Future Prospects



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1 year ago
39 minutes 27 seconds

Now We Build
#17 - Paul Staples on building a $1.3bn revenue fintech, what makes great fintech founders great, and the future of fintech

In this conversation, Sam Marchant interviews Paul, exploring his journey from launching his first business in the oil and gas sector in 1999 to creating one of the world's first carbon credit platforms. They discuss the challenges of navigating industry skepticism, the investment landscape during the dot-com boom, and how Paul maintained his entrepreneurial spirit while working in large corporates. The conversation also delves into leadership styles and the importance of fostering innovation within teams. Paul discusses the importance of creative problem-solving in teams, the strengths and challenges of the UK FinTech ecosystem, the traits of successful FinTech founders, and the exciting innovations currently shaping the industry. He emphasizes the need for self-awareness, emotional intelligence, and the ability to adapt in a rapidly changing environment, particularly in the context of financial services and technology.


Keywords


startups, FinTech, AI, entrepreneurship, carbon credits, investment, leadership, innovation, technology, oil and gas, FinTech, creativity, teamwork, UK ecosystem, successful founders, innovation, emotional intelligence, compliance, AI, workflows


Takeaways


  • Paul launched his first business in oil and gas in 1999.
  • He had a background in the New Orleans gas industry.
  • The initial business model was a mix of eBay and Rightmove for oil and gas.
  • Security was a major concern for clients in the early internet days.
  • The first online auction of oil drilling licenses was completed on their platform.
  • Investment was easier during the dot-com boom with less scrutiny.
  • Paul transitioned to the carbon credit space after working at Goldman Sachs.
  • He identified a need for transparency in carbon credit transactions.
  • Maintaining an entrepreneurial spirit in corporates requires finding innovation functions.
  • Leadership should encourage problem identification and solutioning. Creative problem-solving thrives in collaborative environments.
  • The UK FinTech ecosystem benefits from a mix of regulation and entrepreneurial spirit.
  • Successful founders exhibit self-awareness and the ability to build strong teams.
  • Emotional intelligence is crucial for effective leadership in startups.
  • The UK is a safe market for launching new business propositions.
  • Workflows in banking are evolving with new technologies.
  • AI should be used thoughtfully in financial services.
  • Compliance remains a significant area of innovation in FinTech.
  • Founders should be open to giving up equity for the right talent.
  • The ability to adapt and learn quickly is essential for success. 


Chapters


00:00 Introduction and Background

05:52 Navigating Industry Skepticism

12:02 Transition to Carbon Credits

18:04 Leadership and Team Dynamics

24:27 The UK FinTech Ecosystem: Strengths and Challenges

30:59 Traits of Successful FinTech Founders



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1 year ago
43 minutes 40 seconds

Now We Build
#16 - Andy Shovel on scaling THIS, the biggest mistakes consumer product founders make, and why the future is vegan.

Andy and Sam discuss the founding journey of Andy's meat alternative brand and the flash of insight that led to its creation. They explore the process of developing the product and the challenges of finding a manufacturer. Andy shares his controversial views on consumer testing and the importance of familiarity in product development. They also discuss the branding strategy and the educational aspect of introducing a new product to consumers. Andy provides insights into the international growth plan and the fundraising experience, including the challenges of working with institutional investors. In this conversation, Andy, the founder of a successful FMCG company, discusses his experiences and insights as a startup founder. He challenges conventional norms in the startup world, such as the concept of needing a lead investor and founder vesting. Andy also shares his thoughts on the future of FMCG, including the potential for more meat alternatives and the development of new protein delivery options. Additionally, he introduces his new charity, A Bit Weird, which aims to question and scrutinize societal norms regarding animal welfare.


Keywords


founding journey, meat alternative, flash of insight, product development, manufacturer, consumer testing, branding strategy, educational aspect, international growth plan, fundraising, institutional investors, startup founder, FMCG, lead investor, founder vesting, future of FMCG, meat alternatives, protein delivery options, animal welfare


Takeaways


  • The founding journey of a meat alternative brand involves a deep understanding of the market and a flash of insight to identify a unique opportunity.
  • Developing a meat alternative product requires extensive research, testing, and iteration to achieve the desired taste, texture, and quality.
  • Consumer testing may not always be necessary for meat alternative products, as the target is to create a seamless substitution that is familiar to consumers.
  • Branding plays a crucial role in differentiating a meat alternative brand and attracting mainstream consumers.
  • International expansion should be approached cautiously in the FMCG industry, as it requires significant resources and expertise.
  • Working with institutional investors can be challenging, and founders should educate themselves on investor relations to effectively manage stakeholders. Questioning conventional norms in the startup world can lead to innovative approaches and strategies.
  • The FMCG industry has a slumbering demand for plant-based products, and there is an opportunity to tap into this market by offering new and improved options.
  • The future of FMCG may involve the development of clean label, highly nutritious, and whole food-based products.
  • Societal conditioning and cognitive dissonance contribute to the acceptance of harmful practices, such as the mistreatment of animals.
  • Andy's new charity, A Bit Weird, aims to challenge societal norms regarding animal welfare and create a world where not caring about animal welfare is seen as abnormal.


Chapters


00:00 The Founding Journey and Flash of Insight

06:29 The Role of Branding in Differentiation

39:44 The Future of FMCG: Tapping into Slumbering Demand



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1 year ago
49 minutes 5 seconds

Now We Build
#15 - Naomi Fitzpatrick on leading product at Typeform, why great products are all about details, and how non-product founders can build highly valuable products

In this conversation, Sam Marchant and Naomi Fitzpatrick delve into the intricacies of product management, particularly focusing on the integration of AI in product development. Naomi shares her experiences at Intercom and Typeform, discussing the evolution of AI, the importance of customer-centric solutions, and the challenges of product retention. They explore the significance of collaboration within product teams, the necessity of building great user experiences, and the common pitfalls in AI product development. Naomi emphasizes the characteristics of great product people and the importance of aligning teams towards shared goals to drive success.


Keywords


product management, AI in product, customer support, user experience, product retention, collaboration, product development, product-led growth, product leadership, team alignment


Takeaways


  • Naomi Fitzpatrick is recognized for her expertise in product management.
  • AI was initially viewed with skepticism but has become essential in product development.
  • Customer support use cases were prioritized for AI integration at Intercom.
  • Understanding user engagement is crucial for product retention.
  • Creating a seamless user experience is key to product-led growth.
  • Collaboration among product teams enhances overall effectiveness.
  • Great product people balance data analysis with user research.
  • Shared goals among teams foster alignment and productivity.
  • AI should be seen as a co-pilot, not a replacement for human roles.
  • Building a product that users love leads to organic growth. 


Titles


  • Aligning Teams for Product Success
  • Creating Exceptional User Experiences


Sound Bites


"AI can probably solve some of that."

"It's more about how do we encourage people to use Typeform."

"If you make the end user experience outstanding."


Chapters


00:00 Introduction to Product Leadership

03:01 The Evolution of AI in Product Development

06:00 Customer-Centric AI Solutions

08:58 Navigating Product Retention Challenges

12:06 Understanding User Engagement and Value

14:55 The Role of Collaboration in Product Teams

17:59 Building a Great User Experience

21:06 AI Integration in Product Design

24:01 Common Pitfalls in AI Product Development

27:06 Characteristics of Great Product People

30:01 Aligning Teams Towards Shared Goals



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1 year ago
41 minutes 31 seconds

Now We Build
#14 - Adam Spector on launching and exiting LiftIgniter before anyone cared about machine learning, lessons from over 200 angel investments, and why contentment as a founder is key.

In this conversation, Adam Spector shares his extensive experience as a four-time founder and angel investor, discussing the evolution of AI and machine learning, the challenges of building startups, and the importance of focus and delegation. He emphasizes the need for founders to measure the value they provide, control their narrative, and recognize when to pivot or move on. Adam also highlights the significance of obsession in successful founders and the power of compounding in entrepreneurship, while contrasting the journeys of bootstrapped versus VC-funded startups.


Keywords


AI, machine learning, angel investing, startup trends, B2B SaaS, founder traits, delegation, bootstrapping, compounding, entrepreneurship


Takeaways


  • Having a larger base of investments reduces risk.
  • AI's impact on business should be considered but not overemphasized.
  • Founders should focus on delivering delightful outcomes for customers.
  • Measuring the value provided by a product is critical for success.
  • Control your narrative to ensure clients recognize your value.
  • Delegation is key; focus on what only you can do.
  • Successful founders are often obsessed with their vision.
  • Compounding is essential for long-term success in entrepreneurship.
  • Don't jump jobs too often; build your skills and network.
  • Bootstrapping can lead to contentment and ownership of your journey.


Titles


  • The Evolution of AI in Startups
  • Key Traits of Successful Founders


Sound Bites


"AI is going to provide value and dramatically change lives."

"You need to control your narrative."

"Focus on what is going to get delightful outcomes."


Chapters


00:00 Introduction and Background of Adam Spector

01:43 The Evolution of AI and Machine Learning

04:28 Building LiftIgniter: Challenges and Lessons Learned

07:48 Trends in B2B SaaS and Founder Focus

10:42 Measuring Value in Product Offerings

12:25 Controlling the Narrative for Founders

14:40 The Importance of Delegation and Focus

18:00 Key Traits of Successful Founders

21:31 The Power of Compounding in Entrepreneurship

23:42 Contentment in the Founder Journey

26:51 Bootstrapping vs. VC Funding

30:52 Compounding Skills in Startup Careers

34:15 Hacks for Building a Successful Startup

36:47 Obsessive Founders: A Case Study




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1 year ago
42 minutes 51 seconds

Now We Build
#13 - Chris Wickson on building and exiting Akkroo, why launching a business as a student is a great decision, and the future of B2B SaaS.

In this conversation, Chris Wickson shares his entrepreneurial journey, starting with the launch of his first business, RMP, during university. He discusses the challenges and successes of scaling the business, the transition to a new venture, Akkroo, and the lessons learned along the way. Chris emphasizes the importance of focus, iteration, and leveraging experience as a repeat founder. He also introduces his latest venture, ReelFlow, which aims to revolutionize B2B marketing through interactive video content. The conversation highlights key strategies for growth, the significance of team dynamics, and the evolving landscape of go-to-market efforts.


Keywords


entrepreneurship, startup journey, business growth, go-to-market strategy, video marketing, team dynamics, funding, scaling, early-stage startups, repeat founders



Takeaways


  • Starting a business in university offers unique advantages.
  • Building a team with complementary skills is crucial.
  • Focus on a specific market to drive growth.
  • Iterate on go-to-market strategies based on customer feedback.
  • Investing in video content can enhance marketing efforts.
  • Repeat founders have an advantage in networking and experience.
  • Understanding your customer is key to product development.
  • Early-stage startups should avoid chasing too many tools.
  • Consistency in sales and marketing efforts leads to success.
  • Engaging with the right personas can accelerate growth.


Titles


  • From RMP to Real Flow: A Journey of Innovation
  • Building Businesses: Lessons from RMP and Akkroo


Sound Bites


"There's never a better time to start than university."

"We were very naive, we knew nothing about technology."

"We started generating a little bit of revenue."


Chapters


00:00 The Journey Begins: Launching RMP

03:04 Scaling and Team Dynamics

05:58 Transitioning to Akkroo: Identifying New Opportunities

08:52 Raising Capital: The Growth Journey

11:59 Strategies for Growth: Achieving 100% Year-on-Year

14:58 Lessons Learned: Focus and Iteration in Go-to-Market

18:06 Real Flow: A New Venture in Video Marketing

21:09 Building on Experience: The Advantages of Being a Repeat Founder

23:55 Navigating the Market: Finding the Right Customer Fit

26:52 Conclusion: Connecting with Chris Wickson





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1 year ago
42 minutes 41 seconds

Now We Build
#12 - Mike Soutar on scaling Shortlist Media, saving the Evening Standard and what makes resilient entrepreneurs.

Mike Soutar discusses the challenges of building a founding team and the importance of complementary skills. He shares his experience as the CEO of the Evening Standard, a business that was losing 30 million pounds a year, and explains why he took on the challenge. Soutar emphasizes the need for clear strategy and purpose when leading a company through change. He also discusses the ability of large organizations to adapt quickly and offers advice on how to instigate and structure change. Soutar shares insights on hiring individuals who are open to change and operate with speed, and he highlights the importance of having a blend of different skills within a team. Lastly, he talks about working with founders who are going through pivots and offers guidance on embracing change.


Keywords


financial crisis, business model, lean, advertising, scaling, co-founding team, founding team, complementary skills, CEO, challenge, strategy, purpose, change, large organizations, adaptability, hiring, speed, pivot, embrace change


Takeaways


  • During a financial crisis, it is crucial for startups to stay lean and make every penny count.
  • Establishing strong relationships with advertisers is essential for survival during tough economic times.
  • Mistakes to avoid include allowing the cost of sales to rise too quickly and not defining the values of the organization early on.
  • Having a strong co-founding team with complementary skills is important for the success of a business.
  • Scaling internationally can be achieved through partnerships with market-leading publishers who see the value in the business model. Building a founding team requires individuals with complementary skills.
  • Clear strategy and purpose are essential when leading a company through change.
  • Large organizations can adapt quickly with proper planning and a clear narrative.
  • Hiring individuals who are open to change and operate with speed is crucial for success.
  • Embracing change and being willing to pivot can lead to new opportunities and growth.


Titles


  • The Importance of a Strong Co-founding Team
  • Scaling Internationally through Strategic Partnerships Hiring for Change and Speed
  • Building a Complementary Founding Team


Sound Bites


"Make every penny a prisoner"

"You've got six months, maybe nine months to prove your worth"

"Clarity of strategy and simplicity of business model"

"The benefit of having somebody who you share everything with on an equal basis is just, it's like rocket fuel."

"The power to make decisions, lots of decisions in the absence of pure, accurate, reliable data. That for me, that's the game."

"What role does a newspaper play anyway in society? What role would that have in the future?"


Chapters


00:00 Introduction and Background

00:35 Shortlist Media and the 2008 Financial Crisis

02:37 Staying Lean and Focused

08:15 Mistakes to Avoid

12:32 The Importance of a Strong Co-founding Team

16:13 Scaling Internationally through Strategic Partnerships

20:04 Building a Complementary Founding Team

21:32 Leading Through Change: Strategy and Purpose

23:09 Adapting Quickly in Large Organizations

25:26 Hiring for Change and Speed

27:21 Embracing Change and Pivoting for Growth




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1 year ago
44 minutes 24 seconds

Now We Build

Now We Build in a podcast hosted by Sam Marchant, an entrepreneur turned investor. Sam's conversations with seasoned company founders and operators will give you unique insights, wisdom and practical guidance on how to build your startup for success.


Now We Build is proudly sponsored by Google Cloud, Carta, Fuelled Insurance, and Seven Legal.


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