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Kelly Anne O’Neill With Dualboot Partners

November 17, 2022 by Jacob Lapera

KellyAnneONeill
Startup Showdown Podcast
Kelly Anne O'Neill With Dualboot Partners
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DualbootKelly Anne O'NeillKelly Anne O’Neill has a passion for connecting great people, helping entrepreneurs, and serving the local community.

With a diverse background in non-profits, healthcare, and tech startups, she is currently working with Dualboot Partners in Atlanta.

Previously, she spent the last 5 years building programs to serve entrepreneurs and bringing in strategic partners such as Invesco, Truist, and Coke at Atlanta Tech Village.

Connect with Kelly Anne on LinkedIn.

What You’ll Learn in This Episode

  • Why Kelly Anne loves mentoring
  • The most important advice she gives
  • The biggest mistakes Kelly Anne sees

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:04] Welcome back to the Startup Showdown podcast, where we discuss pitching, funding and scaling startups. Join us as we interview winners, mentors and judges of the monthly $120,000 pitch competition powered by Panoramic Ventures. We also discuss the latest updates in software Web three, health care, tech, fintech and more. Now sit tight as we interview this week’s guest and their journey through entrepreneurship.

Lee Kantor: [00:00:39] Lee Kantor here another episode of Startup Showdown podcast, and this is going to be a good one. But before we get started, it’s important to recognize our sponsor Panoramic Ventures. Without them, we couldn’t be sharing these important stories. Today on Startup Showdown, we have Kelly Ann O’Neill and she is with Dualboot Partners. Welcome, Kelly Anne.

Kelly Anne O’Neill: [00:00:59] Thanks. Excited to be here.

Lee Kantor: [00:01:01] Well, I’m excited to learn what you’re up to. Tell us a little bit about Dualboot. How are you serving folks?

Kelly Anne O’Neill: [00:01:06] Yeah, so Dualboot is a software and business development company. We build software that also builds your bottom line. So it’s a more holistic approach to taking a product to market or building out a piece of your software projects. And we do that through incredible product directors on our team, a very well-equipped and experienced tech team as far as developers go. So yeah, it’s been a really fun eight months. I’m relatively new to Dualboot and open up the office here as we expand into Atlanta.

Lee Kantor: [00:01:39] Now Dualboot are you are your clients typically enterprise-level companies that are just need to update their software want to go in a new direction from a software standpoint, are you working with startups that don’t have maybe a technologist and need kind of that your expertise to help them launch a venture?

Kelly Anne O’Neill: [00:01:58] Yeah, it’s a great question. So we work with startups all the way up to Fortune 500. We just it looks different every engagement. So we do five things, we build MVP’s. And so that’s mostly probably what you’re thinking about with the startups. And we do that through design, through launch phase, we do DevOps and QA, we do something called replatforming where it’s taking a legacy product and modernizing your tech stack, bringing everything over and relaunching that we do rescue missions, which is kind of what it sounds like of Holy cow, it’s crashing and burning help. We also do stuff acceleration where we if you need to augment your team with key role partners, we step we step in and help you accelerate your growth. So those are kind of the five things that we do and that can serve, again, startups to Fortune 500. It will just look different with our engagements.

Lee Kantor: [00:02:53] So what’s your back story? How did you get into this line of work?

Kelly Anne O’Neill: [00:02:57] Great question. I have a super diverse background, professionally speaking. So graduated college, went into the nonprofit world for two years, which was super helpful in laying the foundation really of whatever I wanted to do and randomly hopped back into health care after the nonprofit world where it’s what I went to college for. It’s called a child life specialist, but it’s a role that helps children and families cope with hospitalization and really get to step in with the kid, make sure they’re understanding what’s going on, their diagnosis, their prognosis, whatever that looks like to help a family cope. So I was at Children’s Health Care of Atlanta in neurosurgery and worked in the E.R. for a little bit for three years. Then, as you can imagine, that’s a pretty hard, hard role to stay in. So did a really big pivot and came to tech startups. So worked at the Atlanta Tech Village with Karen Houghton and David Whitburn for five and a half years, fell in love with entrepreneurs and their vision and startups and the ecosystem, so ended up there as the director of Strategic Partnerships and programing. And then in October I joined Dual Boot Partners. So on the more of the software development piece of entrepreneurs and startups and all those things. So it’s been a really fun ride, wild ride really.

Lee Kantor: [00:04:25] Well, looking back, you know, it’s interesting when you’re going through a journey like yours, looking back, maybe you see some dots that were connected that obviously you didn’t do it on purpose. But having that background in health care and especially in the space you were in, your empathy gene must be off the charts. So that probably helps you in building community and really kind of understanding maybe some of the struggle that some of these folks are going through, because you probably have seen struggles a lot. You know, more life and death struggles in real life.

Kelly Anne O’Neill: [00:04:56] Yes, you nailed it. So in the a lot of people are like, wow, how did you make that jump? That feels super far off. And to your point, it really isn’t that far off. In the end, humans are humans and people are people. So what I learned at the bedside was super applicable to startups, super applicable to entrepreneurship in the way of I learned to prioritize really well. Sense of urgency is high, earning the right to be heard really quickly and also building rapport with people because in the end, humans are humans. And so it just looks like you enter in differently obviously between health. In technology, but all the same.

Lee Kantor: [00:05:42] And, you know, the stakes are not exactly the same, but maybe they feel the same to a startup founder. You know, that is true.

Kelly Anne O’Neill: [00:05:52] I think at times. Yeah, it’s like you truly ride life with people. And so, yeah, the end result might be different, but the feelings associated with what’s going on can be a roller coaster, like you mentioned.

Lee Kantor: [00:06:05] Now, you mentioned some in your background. You were involved in creating strategic partnerships and you were involved in that side of the business. Can you talk about maybe or maybe share some advice on how do you go about kind of creating these partnerships? How do you create those win wins? And how do you all get on the same page so that you’re you can build something bigger than each of the individual participants?

Kelly Anne O’Neill: [00:06:30] Yeah. Something I learned really quickly in Atlanta in particular in the ecosystem, is that everybody wants to help and be a part of exciting things. So on the outside you think of these big corporations feel very separate, but a lot of time there are people in those organizations that really want to help by paying it forward or help monetarily or help you build something to help entrepreneurs. Because really, when you’re when you’re building businesses within a city, you all went together. So bringing in the strategic partners, it really was taking time to listen to founders here and kind of sift through what was going on to see what they needed and then identifying who that key person was within a different corporation to tell the story of what’s happening at Atlantic Village or at EDC or wherever these entrepreneurs are, is telling the story, and then specifically the village, inviting them in to work with the entrepreneurs. And it looked different for every partner, but I think it brought a lot of life to like within the partnership of exciting, fun, supportive. It kind of hit all the things for the corporate sponsor and it really helped the entrepreneur.

Lee Kantor: [00:07:48] Now, when you’re kind of trying to explain that value proposition from the entrepreneur, it looks like, Oh, why would they pick me? Like, why would they work with me? I’m this little startup. And then from the Enterprise they’re like, Hey, we’re this huge thing. Why, you know, how are we going to help that individual person? Like, how do you kind of help them each connect the dots that they are each bringing value?

Kelly Anne O’Neill: [00:08:09] Sure. I think it is. Again, kind of going back to the whole premise that humans are humans and people are people and we all need each other. And it’s really sitting down and learning how we can all help each other and showing that, hey, just because this looks wildly different from the outside doesn’t mean on the inside that there’s not a super connection here, whether that be a mentorship as far as sitting with a founder and giving feedback or whether it’s like, Hey, we have the financial means to really help build something here for a founder to help them get to X, Y and Z to meet those goals. So it’s really doing a lot of listening and a lot of careful thought of how can I bring value to both sides and kind of educate both sides to see that we’re not that different and what we’re doing and we’re super helpful to each other now.

Lee Kantor: [00:09:07] How did you hear about Startup Showdown in Panoramic Ventures?

Kelly Anne O’Neill: [00:09:12] So Tami Queen I feel like she does a great job of sharing about what she’s doing and so anything she’s involved in and great people are involved in, you immediately want to get involved in as well. So seeing the social media posts and kind of watching from the outside, it was just something that drew me in immediately. And getting to be a mentor has been really fun, has been really fulfilling. And so kind of hearing the stories of other mentors and what the program has looked like, it was an exciting thing to join.

Lee Kantor: [00:09:46] Now is there a piece of advice that you share with founders kind of regularly? Is there something that you’re like, Hey, everybody should know this?

Kelly Anne O’Neill: [00:09:58] So I think if an early stage founder is like, Hey, what’s one piece of advice coming in you would think to share with me? And it kind of takes me back to my days at Atlantic Village and running the mentor and advisor program there. I would tell all early stage founders to get a mentor, one that you can trust and know that has your best interest in mind. Whether that be personally, professionally, whatever that looks like, someone that you know always has your best interest at heart. Entrepreneurship Startups. Building a company is a roller coaster and it’s equally important to find. That person who’s going to push you and help you work on your business plan as it is to find a person who can pause and say, Hey, you need to take a walk or take a break, take a vacation. Someone who can play both sides of the fence of taking care of you and your business.

Lee Kantor: [00:10:55] Now from let’s kind of dive in there a little bit. Now, from the mentoring standpoint, do you have any do’s and don’ts of how to be a good mentor?

Kelly Anne O’Neill: [00:11:06] I think something I always keep in mind is the respect for the founder and the thought that, hey, this person put a lot of time, emotion thought into what they’re building. And while I might have opinions, I always want to make sure they know that they are the founder and empower them. And people are going to make mistakes and understand that even if this founder makes a mistake or goes against what I’m saying or suggesting that that’s part of the that’s part of the roller coaster, and I’m not always going to be right. So I think it’s coming to the table with new ideas and maybe some wisdom or, hey, I’ve seen this done before. Here’s what I saw work and didn’t work. But also having the humility to know that you’re being invited into something which is an honor to be trusted. And so I think it’s a yeah, it’s a balance of knowing when to speak, when to listen, when to give advice, when to push, when to not. So just always keeping that in mind for the founder.

Lee Kantor: [00:12:10] Now, let’s get on the other side of the table. What some do’s and don’ts for being a good mentee.

Kelly Anne O’Neill: [00:12:17] I think one of the greatest things that I’ve seen in mentoring is a founder who can take feedback and is open to suggestions. It’s a. It’s easy to get super passionate about things and think that you’re correct and right all the time. And while it is your company, I also think it’s a really it’s a it’s a really special skill to be able to sit back and listen and absorb and. Process through feedback. So that’s something I always really admire about founders is when they are there being super vulnerable and sharing a bunch about their business and where they want to go and their dreams and aspirations and goals all to get all this feedback. And when a founder can sit and kind of process, I think that shows a ton of maturity.

Lee Kantor: [00:13:11] Yeah, coach ability is an important quality.

Kelly Anne O’Neill: [00:13:15] Yep.

Lee Kantor: [00:13:17] Now, is there any mistakes that you commonly see? Is there something that you’re like, Oh, here we go again? I’ve seen this movie before.

Kelly Anne O’Neill: [00:13:26] I think, and maybe it’s because I tend to be I don’t even know the word to describe excited or making. So I think it would be kind of jumping into something without putting thought behind it and kind of sitting and running by someone else. So we have blind spots in life, all of us do. And so I think sometimes as a solopreneur or a founder, that’s kind of like Steamboat Head, lets go. I’m running this by myself. It’s, it’s doing things without asking others or bringing someone into it to get feedback because we’re only able to see what we can see. So if you’re not involving your customers, if you’re not asking the right questions, if you’re not caring about the market you’re serving, I think that’s where I see the biggest issue is getting so far along and having so much pride in what you’re doing, all to realize that you never asked your customers or anyone else like, Hey, what’s your opinion on this? And kind of getting to a point where you’re not actually serving a customer in any way or have a product that aligns with the market you’re trying to enter.

Lee Kantor: [00:14:30] Now, do you mind sharing a story? Maybe it doesn’t have to be about you mentoring somebody, or maybe it’s just somebody you heard, like a mentoring kind of success story where somebody came in, maybe they were at a plateau or maybe they were struggling and they got a mentor. And it really did move the needle in their business and it did take them to a new level. You don’t have to name names, but just maybe the problem solution kind of thing.

Kelly Anne O’Neill: [00:14:54] Yeah, I think I’ve seen it over and over again at the Atlantic Village. If you think of all the graduates there and you hear their stories and listen, most of those graduates will tell you what made the difference was a mentor, whether it was a pivot that happened and someone to kind of call that out of, hey, I think we’re at a point where this isn’t making sense anymore to, hey, I’m a brand new founder and I really don’t know what I’m doing because who does? And this person really stepped in with me. So the stories I have of success through mentorship, I wish I had a whole I have for a long time, I kept quotes from people of what it meant to have a mentor. I think personally, where I’ve seen it really work too, with early stage founders is I mean, even through honestly, Startup Showdown, getting to work with these founders for the small opportunity we get like that 30 minutes to really get feedback and work with people. I’ve seen it really work in the Hey we’re getting we’re in the finals for this. We’re going to pitch and giving feedback on the pitch or giving feedback on the deck or encouraging them as a founder like Here’s who you are, you are equipped and you can do this. And seeing the confidence turn on that, even for this small amount of time, you get to see a founder win the whole thing or shift. And through the small changes you’ve been able to suggest, hey, now they have this funding and I think it can go from the small story of 30 minutes. So imagine what can happen with a year long relationship. There has been I’ve never I’m sure there are mentor stories obviously that are awesome, but I’ve never heard a founder say, Man, I really wish I never had a mentor.

Lee Kantor: [00:16:52] Right? No one ever says mentoring. That was a waste of my time. Like, you’re going to get something out of it no matter what I mean. And hearing somebody else kind of invest their time and wisdom into your situation, I mean, even if you disagree, it’s going to be a worthwhile endeavor.

Kelly Anne O’Neill: [00:17:10] Sure.

Lee Kantor: [00:17:11] Well, Kellyanne, thank you so much for sharing your story today. If somebody wants to connect with you or learn about dual boot, is there a website for that? And what’s the best way to get a hold of you?

Kelly Anne O’Neill: [00:17:23] Absolutely. Linkedin. I am active on LinkedIn. Dual boot partners websites. Dual boot partners dot com we are. Email me Kellyanne O’Neill at boot partners dot com so very open to being in touch with and we’ll respond on LinkedIn for sure.

Lee Kantor: [00:17:44] Good stuff. Well, thank you again for sharing your story. You’re doing important work and we appreciate you.

Kelly Anne O’Neill: [00:17:49] Absolutely. Thanks for having me on.

Lee Kantor: [00:17:51] All right. This is Lee Kantor. We’ll see you all next time on Startup Showdown.

Intro: [00:17:56] As always, thanks for joining us. And don’t forget to follow and subscribe to the Startup Showdown podcast. So you get the latest episode as it drops wherever you listen to podcasts to learn more and apply to our next startup Showdown Pitch Competition Visit Showdown Dot VC. That’s Showdown Dot VC. All right. That’s all for this week. Goodbye for now.

 

Tagged With: Dualboot Partners, Kelly Anne O'Neill

Gwenn McGuire With HBGM&Co.

November 16, 2022 by Jacob Lapera

Gwenn Mcguire
Atlanta Business Radio
Gwenn McGuire With HBGM&Co.
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HBGMCo.Gwenn McguireGwenn McGuire is an introvert, thespian, causer of good trouble, wife, boy-mom, and advocate for midday naps. She attended the University of Central Florida as a theatre major, walked away from corporate America to eventually focus on fixing the broken system, is a board member for the YMCA Carl E Sanders facility in Atlanta, and has a deep background in scaling and growing startups.

Gwenn is the Co-founder and CEO of HBGM&Co., an Executive Search and Placement firm that meets companies at every stage of growth. Uniquely, HBGM&Co. develops and prioritizes the nontraditional female candidate and teaches organizations how to retain them.

Connect with Gwenn on LinkedIn.

What You’ll Learn In This Episode

  • About HBGM&Co.
  • Nontraditional hire
  • Unique service offerings
  • Ingredients to retaining a great hire

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Atlanta Business Radio, brought to you by on pay. Atlanta’s new standard in payroll. Now, here’s your host.

Lee Kantor: Lee Kantor here another episode of Atlanta Business Radio. And this is going to be a good one. Today on the show, we have Gwen McGuire with HBGM&Co. Welcome, Gwen.

Gwenn Mcguire: Welcome Lee. Thanks for having me.

Lee Kantor: I am so excited to learn what you’re up to. Tell us about your firm, how you serve in folks.

Gwenn Mcguire: Absolutely. We are an executive search and placement firm. We meet companies at every level of growth. And so we serve solopreneur to corporations. Uniquely. We develop and we place the nontraditional female hire, and we teach organizations how to retain them.

Lee Kantor: So what exactly is a nontraditional hire?

Gwenn Mcguire: Yeah. When Janey, my co founder, and I were in the early stages of constructing the framework of HPG, and we got super clear around the description of the woman that we wanted to uplift through the corporate ranks. And so the vision of our company is to diversify the C-suite and in understanding the face of C-suite, past and present, we realized that the nontraditional woman wasn’t a prominent figure on, let’s say, Fortune ranked list. And so those are women who identify as veterans, as differently able as bipoc, transgender or first and second generation. But the why is more important than the what, right? Like, why aren’t these women making the list in larger numbers and in corporate America? There is a favorite topic of conversation amongst leadership that the pipeline is broken, meaning that there are very few qualified candidates to fill the pipeline. And when the conversation is extremely overexaggerated and quite frankly, it’s a dangerous one as it disqualifies the nontraditional, nontraditional individuals, corporations are facing three things right now the mass retirement of baby boomers, the great resignation. And on top of that, 3.5 million women have left the workforce since the pandemic. And so the pipeline isn’t broken like the priority of companies are and have been heavily focused on the Ivy League outfit, the traditional hire. Right. And so disregarding the evolution of today’s talent and that evolution is indicative of talent that are looking for more creative ways to diversify their skill sets without the burden of college debt. And this proves that the way that we qualify talent has to evolve. The very definition of qualified needs to shift how we screen resumes needs to shift as well as how we interview.

Lee Kantor: Now, a lot of organizations, especially those Fortune 500 Fortune 1000, give lip service to the importance of this type of diversity and inclusion. Are you seeing kind of a disconnect between actual action and an actual kind of progress in this area rather than just a lot of talk around in and around this area?

Gwenn Mcguire: That’s my favorite topic to discuss, actually. Yeah, and it’s a hot topic as far as diversity in corporate America, especially since the pandemic. And like, what does that mean when we’re defining a truly diverse workforce?

Lee Kantor: Well, I find that an easy way to check is just go on their web page of leaders. If you just look at those little boxes, it tells you pretty clearly who the people are that are making the decisions. It may not be what their customers look like, but it tells you what their leadership looks like.

Gwenn Mcguire: Absolutely. But other things that we gauge as well are most certainly, you know, their leadership and how diverse their leadership is. But like also we gauge like what is their retention rate for marginalized individuals? What are the the ERGs that they have in place? And then most importantly, my favorite is following the money philanthropically. I want to understand what initiatives and initiatives and organizations do these companies fund consistently? Are they funding and supporting companies that are led by diverse founders? A truly diverse workforce is committed to diversity internally and externally.

Lee Kantor: Now. So what of what have you found? What are some of the kind of discoveries you found by checking into that and holding them accountable for those type of activities?

Gwenn Mcguire: Absolutely. So just a little background there. Post George Floyd, Corporate America was in the spotlight regarding rampant systemic racism and toxic practices within the workplace. Right. And I think this caught corporate America off guard as companies then went on to spend $200 billion plus promoting equity and racial diversity. And so this is an example of Americans holding the largest employers and defenders of these practices accountable. However, of these companies, less than 18% publicly committed to internal improvements and even less actually improved. And so what’s been apparent today on our end is that we were given lots of lip service in masterfully crafted statements of support on social media. I think where a lot of people, a lot of companies also get it wrong is that, you know, promoting that one bipoc employee to chief diversity officer, having them lead your first DEI initiative is blatant tokenism. And so that difference between diversity and tokenism, there’s a lack of understanding there. And in this specific example, like it’s lazy and it shows that you don’t understand what true diversity is in your workforce. You have to also have ERGs and support as well as a culture built around marginalized individuals within your company.

Lee Kantor: So how does your firm help? Like say you have that leader that says, You know what, I looked in the mirror and I think we can improve, I want to improve. And then I hear about HB GM And what are some of the conversations you’re having to help that leader improve their organization and maybe take their organization to a new level?

Gwenn Mcguire: Absolutely. This is my favorite topic also. Well, actually, generic co founder, she loves talking on this as well. Retention is is like her department. But before I go into that, I think it’s first important to understand that the retention clock doesn’t begin once the candidate is seated in the role. And so this is where we come in and helping companies to just basically understand what their culture and their systems, what they have in place, how it is either setting up their candidate for success or how it’s hindering them. And so it’s important to understand that retention starts with the company’s digital marketing. Candidates want to see themselves reflected on the social media platforms within the team section of your website and even the stock photos that you use. They want to see themselves in the audience and on the panels of your conferences. Candidates are researching potential employees more than ever before, and they want the slightest. And if they have the slightest feeling that they won’t have a sense of belonging and support, your company can quickly become obsolete in their in their minds. And so also, to be clear, like this advice is to give a company agency to switch up how they market and attract employees, completely bypassing the internal human to human work. That has to happen. Like you can’t bypass that process. And that’s where we come in. We teach retention strategies through the funnel of marketing to leadership promotion. And this takes dedication, it takes open minds and communication, and it also takes a human responsibility to better the environments of those that contribute to your bottom line.

Lee Kantor: So what’s some actionable advice you can give an organization, maybe some low hanging fruit that they could be doing today to really make a difference What’s what some of the baby steps they can be taking?

Gwenn Mcguire: Yeah, I think one is to actually talk with your employees. You know, there are leadership has become so comfortable with, you know, having they become so comfortable with. Kind of standing apart from their employees and not taking the time to actually have a conversation and understanding how their employees are feeling, how they can support them. You know, we haven’t we’re working within a firm pretty soon. And one of their major issues is that their bipoc talent don’t have the support like they’ve been asking for months. You know, I’m looking to to grow within this role. I want to understand the trajectory of this role. But not having that support has really disabled them and has kept them from moving up, you know, up the ranks. And so I think it starts with just that human to human connection. One not. Don’t send out a Google form, you know, to to survey your employees, like literally sit down and have a 1 to 1 conversation with them and show them that you care about their well-being.

Lee Kantor: That you can’t really emphasize enough those open lines of communication, the clarity and the messaging and and the being congruent between what you’re saying and what people are seeing with their eyes. Is that like, walk me through like when you start working with an organization, what are those first conversations look like where you can see, number one, if you’re the right fit and that you can help them achieve the outcomes that they desire.

Gwenn Mcguire: Yeah. So that that looks like we like to speak with leadership first and get their take on how they’re running their department, how they feel that they’re running their department, how they feel that their employees are doing. And then usually the next conversation happens with the employees themselves, and the feedback just doesn’t line up. You know, there is there is a blatant disconnect between what leadership thinks and feels is happening within their departments. And then there’s what the employees are actually feeling and thinking. And so we like to have those those those two different perspectives to then be able to share back anonymously, of course, but also. Providing an action plan of what we can do going forward to strategize and to help the company come out on top.

Lee Kantor: So what separates you from other kind of firms like yours?

Gwenn Mcguire: I’m sorry. Can you ask.

Lee Kantor: What separates you from other firms like yours? What makes your services unique?

Gwenn Mcguire: Yeah, absolutely. During the early stages of founding our company, we’ve taken the time to really poll companies at different stages within their businesses. And we learned that recruitment firms hold very little trust amongst businesses. Some feedback that we received were centered around firms under-delivering or overpromising or prioritizing culture or prioritizing role over culture. I think the feedback also that was just most interesting is, you know, post-pandemic. Many firms jumped on the diversity bandwagon post the pandemic without firm understanding around diversity and tokenism, which I spoke about earlier. Placing diverse hires in spaces that are unsafe or haven’t built culture and ergs to support them for the sake of placing that diverse hire. And so HPG and Co is really intentional about the impact that we make post the placement process, offering our support and building company culture systems and processes and changing leadership management are ways that we ensure retention for our candidates. And this is also how we’re instrumental in transforming corporate spaces for the betterment of future generations. So we work closely with companies to ensure that our candidates land in a safe space to lead.

Lee Kantor: So what is your ideal client look like? What is that? Or are they for Fortune 500? Fortune ten? Like, who are your ideal clients? Who are the ones you want to work with the most?

Gwenn Mcguire: Yeah. So we work with solopreneur hours to fortune companies. Our our services meet companies at every level of growth. And what this means is, for example, we find that our solopreneur that we service are most engaged in our contract service, which provides contract experts for short or long term needs, such as your virtual assistant or your virtual project manager. And then, like our small businesses to enterprise sized companies, they engage in our contract to hire service in our development program, and corporations are most interested in our direct hire service and our 1 to 1 retention strategies.

Lee Kantor: So what do you need more of? How can we help?

Gwenn Mcguire: Absolutely. We invite leadership to the table. We invite leadership to our table. We want to engage with more leaders around the topics that we’ve discussed today. We are deeply committed to transforming companies from the inside out with attraction, development and retention strategies that builds better corporate spaces.

Lee Kantor: Now, what about advice for that employee that’s out there that wants to be found, that wants to that feels they are ready for that next step? What things can they be doing to get on your radar so you find them and then they become a good match in some of the organizations you work with?

Gwenn Mcguire: Absolutely. Reach out to us directly. Like we love having those 1 to 1 conversations with potential women that we add to our roster. We create a very, very safe space for our candidates, even during our interview process. And yeah, we’d love to connect with you 1 to 1. You can find us on social media, HBM Co or take a moment and email us, inquire at HBM COCOM.

Lee Kantor: Is there anything they could be doing to make them a more attractive candidate?

Gwenn Mcguire: Oh, absolutely there is. I think there’s there’s so much in this space now. There’s so much that’s offered to candidates to be able to diversify their resumes and upskill, you know, their resumes as well, such as certifications. Yeah, things of that nature. And I think too, like we just recently had a conversation around patrons, parents, you know, that’s huge in the news right now. And we encourage employees to continue to have the conversation around pay transparency, but also take the conversation a step further. If you realize that upon having these conversations, you realize that one of your colleagues is being paid, let’s say, you know, 3000 more than you in salary, take the opportunity to really have the conversation with them and understand what certifications are, what type of what other attributes do they serve to their role that maybe you’re missing, that maybe you can join in on, so that when it’s time for that, that pay raise or whatever, you’re prepared and you have something to bring to the table to show how impactful you are for the company now and in the future. And so I say that to say, you know, have the conversations with your colleagues inside and outside of your workplace and just better understand how you can upskill.

Lee Kantor: Is there anything a candidate can be doing on LinkedIn that are there’s some things that are must haves that you’re not seeing and things they shouldn’t be doing that are red flags?

Gwenn Mcguire: Red flags. You know, I haven’t seen many red flags lately. It seems to me that candidates are especially more careful, even within their social media space, about what they post, especially when they are eagerly looking for placement, when they’re eagerly looking for that next job. And the job market is is interesting right now. And. Candidates are really clawing for like the next opportunity, I would say, especially for us within our firm, we. We really take the time to dissect a candidate’s resume? We take the time to basically piece together what their skill sets are and what their responsibilities have been within past roles. Because sometimes we find that, let’s say, for instance, a a candidate doesn’t necessarily have the title of executive assistant. However, within the different roles that she’s been employed in, she’s got all of of the expertise. She just lacks the actual title and the title in order to get her paid at market rate or more. And so that’s something that we do within our firm is really dissecting our candidates resumes to put them in in better positions.

Lee Kantor: Now, if somebody wants to learn more again, can you share the website or the socials? The best way to get a hold of you or somebody on your team?

Gwenn Mcguire: Absolutely. Our website is HPG, COCOM, and you’re able to, for our candidates, apply to our roster on the website and for our clients. If you want to hire an executive or inquire about our services, you can do that there as well. Also, our email address is inquire at HPG, BGM COCOM. My personal email address is Gwen g w e rn at code dot com.

Lee Kantor: Well, Gwen, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Gwenn Mcguire: Thank you so much for having me. Thank you.

Lee Kantor: All right. This is Lee Kantor. We’ll see you next time on Atlanta Business Radio.

About Our Sponsor

OnPay’sOnPay-Dots payroll services and HR software give you more time to focus on what’s most important. Rated “Excellent” by PC Magazine, we make it easy to pay employees fast, we automate all payroll taxes, and we even keep all your HR and benefits organized and compliant.

Our award-winning customer service includes an accuracy guarantee, deep integrations with popular accounting software, and we’ll even enter all your employee information for you — whether you have five employees or 500. Take a closer look to see all the ways we can save you time and money in the back office.

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Tagged With: Gwenn Mcguire, HBGM&Co.

Serge Kadjo With PERSA

November 10, 2022 by Jacob Lapera

Serge-Kadjo
Startup Showdown Podcast
Serge Kadjo With PERSA
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PERSASerge-KadjoSerge Kadjo, Founder at PERSA.

Born and raised in Africa, Serge is tech-savvy with expertise in hardware development.

From renewable energy to IOT Devices, Serge has invented, founded, led and co-develop advanced technological devices like MOONA in Sleep Tech, Nanonap in Brain Enhancement and Presso in AI and Robotics.

Today Serge is making a pivot in the software industry with his first SaaS Startup in the live stream and web3.0

Connect with Serge Kadjo on LinkedIn and follow him on Twitter and Facebook.

What You’ll Learn In This Episode

  • Live engagement, the difference between the online and physical shopping experience
  • New trend in online shopping, Livestream, social shopping
  • Creator economy on Web 3.0
  • International Startup Ecosystem
  • Difference between a hardware and a software startup

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:05] We’ll come back to the Startup Showdown podcast, where we discuss pitching, funding and scaling startups. Join us as we interview winners, mentors and judges of the monthly 120,000 pitch competition powered by Panoramic Ventures. We also discuss the latest updates in software web3, health care, tech, fintech and more. Now sit tight as we interview this week’s guest and their journey through entrepreneurship.

Lee Kantor: [00:00:40] Lee Kantor here another episode of Startup Shutdown podcast, and this is going to be a good one. But before we get started, it’s important to recognize our sponsor Panoramic Ventures. Without them, we couldn’t be sharing these important stories. Today on Startup Showdown, we have Serge Kadjo with Persa. Welcome.

Serge Kadjo: [00:01:00] Thank you. Thank you so much. Thank you for having me.

Lee Kantor: [00:01:02] Well, I’m excited to learn what you’re up to. Tell us a little bit about Persa, how you serving folks?

Serge Kadjo: [00:01:07] So first item, it’s a engagement tools that we built for e-commerce website and project based websites. So yeah, we started back in France back in 28, 21 during the COVID, during COVID 19, we started the services in order to help like what stores do to sell online because due to COVID, the one that they were there was not able to sell a physical store. So we tried to recreate this experience of being in the physical store directly for them. So that’s where the idea came from, actually.

Lee Kantor: [00:01:40] Well, how do you see kind of ecommerce evolving as we enter kind of this Web 3.0? Can you first explain to the listeners who aren’t that familiar how creator economy is behaving on in the Web 3.0 environment and how your service can help them get to a new level?

Serge Kadjo: [00:01:57] Oh, that’s that’s actually the that’s definitely the new trend right now. So I would just start with some data in order to but what I want to say, you know, back in 2020, back in 2019, there was no not COVID yet. China made actually 1.2 billion in sales just in one day during Chinese New Year, just in one day. And then those sales have been made only through livestreaming. So China is actually leading the the influencer market with with people that actually doing the ecommerce stores or just buying things online through the mobile phone. And this trend is actually growing. So China started back in 2018, 2019. They made, as I said, 1.2 billion. 2021 was booming due to COVID everybody trends moved from source of from physical store to online store. And you can see it again. You can see that trend with with all of these with all of these countries. But selling online, it’s not that easy. So we saw when we saw that medical stores try to open the the online store with Shopify, WooCommerce, etc. but it’s boring. Like when you land on a website, you have text images, videos, but you don’t have the sense of being home. And how am I able to experience in terms of being engaged with sense of being, of feeling the presence of somebody that we can help you? So with with an influencer, you can actually see that trend because an influencer or even somebody online that that can be there to actually extend to you or even show how to use the device or even showcase how to how to behave or how to how to I don’t know how to style yourself so these things can actually help.

Serge Kadjo: [00:03:53] You can have had the store owner boost themselves. I can also I can help the the customers feel the trend. So that’s that’s how this this thing is kind of coming step by step and with the with the creator economy. We saw that right now, all of these new generation, the Gen Z, the Gen Y, it’s kind of being everybody wants to be a YouTuber who then. Good. So that was the last trend. Everybody wants to be a YouTuber now. Everybody wants to be an Instagram influencers. So we saw that thing coming. The last job. The last job was YouTuber. Now it’s Instagram influencer. And then again after Instagram influencer, we see TikTok influencer. So we saw that trend coming to the influencer market. So the goal is to try to merge the need of the businesses with the growing job that’s coming right now with the social network and TikTok, Instagram, those influencers and then merge those two things to create a better experience online for for, for, for, for customers. So that’s the idea behind it.

Lee Kantor: [00:05:00] Now at the heart of it is there’s an evolution happening in ecommerce and the way that people buy and sell things online, especially for younger folks and then especially internationally. And it’s not the way that things had been done. So you need a tool like yours to kind of be the bridge that helps people sell more effectively in today’s world. This is a leap that’s happening, this Web 3.0, right? This is a different paradigm when it comes to it may be the same activity, but it’s a different ecosystem.

Serge Kadjo: [00:05:32] Correct. You said it’s right. It’s it’s actually the same we the goal with web theory right now. To bring as much as possible person on on this and this new evolution. So it’s kind of difficult right now because it’s a it’s a new tech. There is some new world, some new way to to take it out, to consider it. And people are kind of one way. They know what it is and and they are not skeptical. And the other way they see that has a bubble. And I think that that will dissipate. What we saw with with Web two or with Internet at the beginning. So we see the same thing right now with Web three. So the idea with before to right now is to try to bring as much as as much as possible new person onward train how to do that is how has you said right now you need to make it as easy years as possible and we first we try to break that to break that that race. And we want to make it, as I said, as easy as possible for for customers, for creators, economies, and then finally for businesses. So we we are developing a tools that is first thing, first customer centric, which means that we will have no big words, no big difficult for no difficulties for people to understand how it works. And second thing, we make it also plug and play. So which means that businesses won’t have to set up the whole like secret key or just get to go get the crazy wallet or crazy I don’t know, architecture to set up the web tree. It will be just a simple link that that they can plug in, that they can add to the website that will do the whole trick for them. So that’s how we plan to do that.

Lee Kantor: [00:07:22] Well, what’s your back story? How did you get involved with this technology and this and founding this company? Can you tell us a little bit about your history?

Serge Kadjo: [00:07:31] Sure, sure. So I started like this startup journey back in 2015, and I started with the auto development. So I started doing in renewable energy. I moved from renewable energy to BCI and brain connectivity wise and then from brain connectivity device. I went to sleep tech and hence like brain activities. So that was back in 2019. I was in China etc. And then I sold the trend of of digital economy back in China. Everything is you can do literally everything with just your just your smartphone. You don’t need any paper, you don’t need any touch money. And I saw that trend with combined with the trend with with with the creative economy. And when I saw that trend out, I was like, huh, it might be good for me to to switch from my background to a software background. So I started digging into crypto and then I started working like with a fast payment system that was changed, but that was based on a blockchain architecture which was iota back then and untangle. And then I said that that was the thing with, with the whole blockchain architecture set up the whole fees list system with iota and tangle and then 2021 after COVID, I said, hey, why not merge all of this training that I got in China from digital payment from the crypto and then finally from the from the crypto market and the idea came from person.

Lee Kantor: [00:09:08] Now, can you share a little advice for folks that are getting into a new area like you are with Web three? Sometimes it’s hard to explain it because people can’t even imagine it. And it’s so new. People are kind of hesitant to get involved. But, you know, just like it was when Web two came on board, if you weren’t in it, it was hard to be good at it after a while. So you got to dabble in it a little unless you think it’s not going to do anything, which is, I think, doubtful at this point. But so how do you kind of make it comfortable for folks to take the leap and to kind of go with you on this journey to when you’re trying to have a startup, you know what I mean? Where it’s like you have this idea, you could see it clearly to you. It’s probably crystal clear. Right. And but for new people, this is a big leap. So how do you kind of go through explaining it and making it approachable for new investors or new customers?

Serge Kadjo: [00:10:05] So it depends depend on the person that I’m talking with. If I’m talking to an investor, of course I will show them the big market, live, the opportunities and where where we are going and the vision. Because most of the time when you when you when you want to start an idea or when you want to start a startup, investors are not investing in in this crazy like a market. They’re investing you because you are the startup at the beginning. So most of the time is what I would do. I would I would give my background. Forgive my ideas and then give the long term vision for investors. But for customers it’s the game is to try to explain it. As a kid, it’s like, imagine that you have a kid in front of you. The most important thing is to just to light the bulb inside of their head. That’s it. Don’t try to oversell it. Don’t try to build it to do it. Complicated. Just try to light up the bulb in the head in that case and follow it. Touch it. So take it as they get Web3 for me, the way that I explain web3 to to newbies or to people that don’t understand it, it’s like. Bogdan People don’t know Internet. Bogdan People don’t people don’t understand what is what was Internet, how it will go. But if you can just imagine that right now everybody is on Facebook, WhatsApp, Twitter and and we cannot live without that if you are able to explain that idea. But in 1929, 19 or, I don’t know, 1999 or 2000 at that time, people will follow you and you will be able to light the bulb in the head. That’s it. So you so you need to think you need to find the same analogy for for free and give it and give that to new customers.

Lee Kantor: [00:11:58] Now, how did you hear about Startup Showdown in Panoramic?

Serge Kadjo: [00:12:03] Oh, when I arrived in Atlanta, I was looking for four for a nice place to work or not above working other to work for a nice community to dip my toes in the ground and see how it goes. So I landed in Atlanta Village. Then from Atlanta to village and the network of mentors, I heard about panoramic ventures and and the competition. I was like, okay, that’s that’s a that’s an interesting thing. That’s an interesting challenge. Let’s see let’s see how it goes and that that’s how we end up there.

Lee Kantor: [00:12:35] And then what did you find most beneficial going through the start of showdown process?

Serge Kadjo: [00:12:40] Oh, definitely. The the the whole mentoring process, the the idea of spending time with other folks, the fact that you you you have access to those videos, those trainings, the networking. The networking was really crucial for us because, as I said, I was a French company when we decided to move to the US when during networking and this competition and the part of and part of being members of this panoramic venture is actually boom, boom, our network. And they got like really, really good coverage.

Lee Kantor: [00:13:20] And that’s important at an early stage to be part of a really good and really strong ecosystem and community that can help lift everybody up.

Serge Kadjo: [00:13:29] Definitely. That’s a that’s one of the key. If you want to grow, if you want to grow fast and file and also go far away. So the community focus on that, focus on your customers and and finally, focus on your mentor. So that’s the three that’s the three things that I would say.

Lee Kantor: [00:13:47] Now for you personally in your journey and your career thus far, has there been any mentor or somebody that is an inspiration or somebody that’s kind of who you look up to in this?

Serge Kadjo: [00:14:00] So I would say that I have to, to, to, to, to person that that I follow most of the time or that the mentoring for first person is my mum. Of course she, she, she taught me everything that I know about business. So she started from scratch back in Africa and then she, she’d grown up step by step. So she’s my first like go to if I need advice in terms of businesses also in life. And then after her I do have other mentors in the US, in France, in Africa, in China. I have also my big community of of, of our entrepreneurs back attacks in Shenzhen actually said like number one actually how do entrepreneurs startup in the world so those big communities help me like go faster like challenged my ideas and then also gave me like a wide view of, of when I have an idea or want to have a challenge. So, yeah.

Lee Kantor: [00:15:00] So what’s next for pizza? What do you need? How can we help?

Serge Kadjo: [00:15:04] Oh, definitely. I think for person right now we are focusing on the this new platform that we call the challenge, which is the creator version of process. So process has two to vertical. We have high first, which is dedicated for businesses and then we have porcelain which is dedicated for for creator economy and web three. So we are we release our our testnet I think last week we released our testnet last week and we we are actually open. We let people at Cayman Islands create their own account connected with a social media network, bring their own token, and then have a relationship or relation and business with with, with businesses or relation in agreement with businesses, they can start selling, selling the token and then give access to their network and to their customers and followers. So we we are actually highly open. We want people to come try our business, see how it goes, give us feedback, and then start giving the tools in the web.

Lee Kantor: [00:16:12] Three and one one more time. If people want to connect with you or somebody on your team or experience person, what are the website coordinates for each of those?

Serge Kadjo: [00:16:22] Definitely. So we our our email and tag online. It’s hard for us to just go everywhere, whatever. It’s a Facebook, TikTok, Instagram, Twitter, go everywhere. Just like higher higher person and our website is higher presseye.com. That’s it.

Lee Kantor: [00:16:39] And it’s very PRSA.

Serge Kadjo: [00:16:43] Correct? Yeah.

Lee Kantor: [00:16:45] Well, thank you so much for sharing your story today. You’re doing important work and we appreciate you.

Serge Kadjo: [00:16:50] Thank you so much for having me.

Lee Kantor: [00:16:52] All right. This is Lee Kantor. We’ll see you next time on Startup Showdown.

Intro: [00:16:57] As always, thanks for joining us. And don’t forget to follow and subscribe to the Startup Showdown podcast. So you get the latest episode as it drops wherever you listen to podcasts to learn more and apply to our next startup Showdown Pitch Competition Visit Showdown VC. That’s Showdown Dot VC. All right, that’s all for this week. Goodbye for now.

Tagged With: Persa, Serge Kadjo

Paul Noble With Verusen

November 9, 2022 by Jacob Lapera

Paul Noble
Atlanta Business Radio
Paul Noble With Verusen
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VerusenPaul NoblePaul Noble, Founder & CEO of Verusen.

His passion for entrepreneurship has always shaped my approach for go-to-market strategies and tools, which was the driving force to pursue his dream of launching his own organization to improve the availability of easy to use technology for optimizing the supply chain for materials management.

Connect with Paul on LinkedIn.

What You’ll Learn In This Episode

  • Things that are going for Verusen as they have made a home in Technology Square
  • The key challenges they are hearing from their customers in the supply chain today
  • Their view at Atlanta’s role as Supply Chain City and its impact on the rest of the world
  • Company’s expansion and look ahead at 2023

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:04] Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Atlanta Business Radio, brought to you by on pay. Atlanta’s new standard in payroll. Now, here’s your host.

Lee Kantor: [00:00:25] Lee Kantor here another episode of Atlanta Business Radio, and this is going to be a good one. But before we get started, it’s important to recognize our sponsor on pay. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio, we have Paul Noble with Verusen. Welcome, Paul.

Paul Noble: [00:00:42] Hey, Lee, Great to be back.

Lee Kantor: [00:00:44] Well, I am excited to get caught up. For those who don’t know, tell us a little bit about Verusen. How are you serving folks?

Paul Noble: [00:00:50] Yeah, So we work in the supply chain. We’re supply chain software company, and we focus on materials intelligence. So we help simplify all the complexities that are going on for mostly Fortune 1000 manufacturers and their suppliers so that they can trust that they have what they need, where they need it, when they need it for the perfect balance of capital and risk.

Lee Kantor: [00:01:14] Which sounds like an important job in today’s chaotic times. I guess the timing is perfect for you guys, right?

Paul Noble: [00:01:22] Yeah, it has. It has been over the last 24 to 36 months, quite a quite a roller coaster for our customers and partners and one that we’re excited that we were developing the solution prior to and have been able to do our part to help minimize the chaos as much as possible. And I think that as we continue to look ahead of what’s coming next, 12 to 24 months and beyond, there’s going to be a lot of a lot of new, new things that will be introduced as challenges and and ones that we’re excited to continue to develop and expand and grow to to help alleviate those pressures for the global supply chain.

Lee Kantor: [00:02:11] Now, for the folks who aren’t as kind of deep in the weeds as you guys are, can you share a little bit about when you talk about supply chain, can you just give us kind of a 101 explanation of what that means and and some of the complexity that you’re helping deal with?

Paul Noble: [00:02:30] Yeah. So we focus specifically in the materials space. So these are materials that organizations need to run their operations and make sure that manufacturing facilities and warehouses and things of that nature can function appropriately from an asset perspective as well as, as we’ve talked about before earlier this year, moving into. What does that mean for what do I need to build my product? So every organization is tasked with what do I need to actually build the product, where do I get it from and how do I get it there once I place an order? And so there’s a lot of variables on where you’re sourcing, how you’re sourcing, when you’re sourcing and what availability there is for those materials. What do I inventory? And there’s a lot of analysis and scenarios that need to be run there. And so it’s a challenge from organization to organization on how they wrap their arms around what what’s going on across a global supply chain that kind of goes from start to finish on getting making their products and then delivering to their customers.

Lee Kantor: [00:03:47] And then each organization has a different philosophy when it comes to how am I going to get the next step in this process? Like, am I going to have a warehouse filled with these and then I can use them when I need them? Or am I going to use kind of the transportation and logistics as my warehouse and I’ll just get it right when I need it? And do you help manage through all of that as well?

Paul Noble: [00:04:10] Yeah. Yeah. No, exactly. So there’s there’s always been this, this challenge of how do I keep as little as possible so I don’t have to buy extra warehouse space and inventory more than I need for a longer period of time than I need it or to alleviate risk. Do I boost inventories. And that that happened a lot during the pandemic because it’s been traditionally either or. What we’re trying to allow organizations to accomplish is overcome their system challenges, overcome their process challenges, and overcome the people challenges in and across in and across the organization to make sure that they can invest in what they need to fulfill production and orders and things of that nature and keep assets up and running without the uncertainty of overpaying for it and insurance policy or being left stocked out or with downtime, not producing product. So it’s a pretty challenging problem and one that by wrapping your arms around the data that’s flowing through all of these organizations and understanding it in a simpler and more scalable way, which is what we provide for our customers, helps dramatically be able to pull whatever lever you need at any given time without having to react and be a lot more predictive and proactive in that approach.

Lee Kantor: [00:05:51] And this is kind of a very fragile game of musical chairs, right? Like if if I guess wrong, I could be sitting in a warehouse full of last year’s fashion items that aren’t going to be sold, or if I play in the wrong way and the other direction, I might have all this demand that I can’t fulfill and then I’m out of business from that standpoint. So it’s it’s very fragile, the relationships, but they’re all playing together in order to be successful. And that’s why your technology is is trying to help them be as effective and efficient as possible. Right?

Paul Noble: [00:06:31] Yeah, exactly. I mean, it’s a it’s a it’s a delicate dance between what your what you’re able to control and what your suppliers control and what just the general supply of these materials, whether they’re widgets or raw materials or ingredients for something. One one little hiccup can can throw off an entire product. And I think we’ve seen that with automobiles and and other shortages for key elements that go into products. And so whatever you can do to to find where the bones are buried, so to speak, and be able to surface that intelligence out of the data so you can make more accurate decisions across procurement and operations and finance and reliability and all these folks that are working on different parts of the same problem, the better off you’ll be in terms of eliminating surprises.

Lee Kantor: [00:07:38] Now, is there an opportunity to leverage artificial intelligence in this space to really become more efficient?

Paul Noble: [00:07:47] Yeah, absolutely. That is that is how we do all of this, right? So as we’ve talked about previously and what. We don’t use A.I. or ML or any of the technology buzzwords, just just to say and we’re just to use them. I mean, they’re they enable our ability to and what you’re seeing a lot in supply chain is purpose built software products that can plug in and remove a lot of the uncertainty and heavy lifting of manual processes and start connecting and supporting people so that you can combine, combine the knowledge of the two. And so how we use it is being able to essentially use what they call natural language processing and be able to read things and tell. If I call this material, this my supplier calls it that, their supplier calls it this, but they’re really the same thing or interchangeable with one another because as a whole, people are still naming these things across systems like SAP, and it just gets. Untenable in terms of what data is flowing through, what system. So we essentially can understand that in its natural language and then drive outcomes. So these models work together so that we can drive the business outcomes that people care about and they don’t care that we use AI, but it’s important to how we deliver the business outcomes that matter.

Lee Kantor: [00:09:27] Well, I mean, communication’s difficult, you know, with people that speak the same language in the same office. Imagine how it is across cultures and countries and oceans to all get on the same page. When it comes to saying widget widget a means the same thing across all of those languages and cultures rather than I call it this, you call it that and then you think you have a lot and I don’t think you have any.

Paul Noble: [00:09:55] Right, exactly. No, we we we talk about that with our with our customers and partners that it’s everyone up into this. Up until recently, their solution is like, oh, we need to control the naming and put in rules of how we’re naming different things in an across a system and governance. And certainly that’s important. But we’ve we’ve seen over the past few decades and obviously highlighted over the last few years that that’s not a solution to the problem. It’s just it’s a bandaid, so to speak. So rather you wouldn’t necessarily tell everyone in your organization that you couldn’t say hello, you have to say hi or how whatever their language of greeting someone. So why would you do anything different and tell them you have to name this something in your system or you have to call it this or call it that. When someone’s inherently going to circumvent those rules and call it what they’d like and then make it challenging to understand what’s what, what’s where.

Lee Kantor: [00:11:00] Right. And you’re asking, that’s a big lift for everybody to get on one page rather than let’s just meet everybody where they are and let’s let the technology do the lifting.

Paul Noble: [00:11:12] Yeah, way too much change management in that scenario. And that’s what we’ve seen. And that’s why a big part of why we’re experiencing the problems that we are. It’s lack of trust, lack of uncertainty. And when we when we when it comes down to it, that’s what we provide for our customers and partners is trust that you’ll have what you need for the perfect balance of capital and risk. Now you can execute upon that intelligence.

Lee Kantor: [00:11:40] So that technology you feel is a large part. That’s what’s taking you to this new milestone over 2 billion in manage inventory.

Paul Noble: [00:11:49] Absolutely. Yeah. We keep adding to that and expanding this experience again to now outside of challenges. We are also seeing people shortages, labor shortages. And so what we’re working to do is expand on the experience for our customers where we can pass the baton to a partner to help them execute more effectively where they don’t have enough people to do it in a more traditional way with some of the things that we surface. And so by simplifying this and being able to drive value quickly and in a scalable way. We’ve continued to grow our presence in and across organizations and obviously new organizations and new partners that serve our customers in a different way adjacent. And so we’ve seen a lot of growth in terms of what we’re supporting and managing, and we’re going to continue to see that grow and double over the next year and beyond.

Lee Kantor: [00:12:57] Now, are you still seeing Atlanta playing a vital role as part of this supply chain city? I guess that initiative that we’ve been trying to brand ourselves as.

Paul Noble: [00:13:09] Yeah, absolutely. I think it’s we continue to see more and more organizations look to Atlanta for all of. All of the support from a technology and subject matter expert perspective. A great place to do business. And so we continue to see really great startups emerge in different, different parts of the supply chain, from logistics to. To procurement services and on down the line. And I think we’ve we’ve been meeting recently. I think a story you may have covered Georgia Tech was just granted with the largest grant as a part of the build back better program to invest in AI, in manufacturing projects and research, which I think is solely a testament of the great work that’s being done here in the metro Atlanta area.

Lee Kantor: [00:14:10] Now, how do you view Atlanta regarding this supply chain kind of center of influence that we’re becoming? What are some of the things you wish we had more of?

Paul Noble: [00:14:22] Yeah, well, certainly I know that there’s there is a lot of talent here. We would we would love to continue to see people relocate to the area and become part of the many businesses that use or provide services. I think there’s been a growing, growing opportunity and positive movement in capital that’s available for. Where we were a couple of years ago in terms of getting seed capital and and early stage capital for new technologies and people that want to start businesses that can help solve really big problems. I think those are a couple of things that come to mind right away.

Lee Kantor: [00:15:12] Now, when it comes to talent, is that something that you’re and everybody in this space is just really hungry for that There’s just not as many talented folks as you need right now.

Paul Noble: [00:15:27] Yeah, I think it’s one thing and one thing we look at is, I think, one. The positive of supply chain kind of being in the news is that it’s a more fun problem to work on for very talented engineers and data engineers and data scientists and a lot of folks that could do anything in any sector. Right. I think we’re seeing a lot more individuals say, well, this is this is. Time that I can invest and join a company that can really make a difference in the world. So I think that’s changed and that helps from a what remains a still a very competitive. Talent, environment, people, environment. Even with a lot of the news that you’ve seen in terms of companies downsizing, it’s still pretty competitive when you come down to some of those core technologist types of roles. And I think now it’s going to help the supply chain area to be able to. Recruit and attract that this is a fun. Problem that affects billions of people every day.

Lee Kantor: [00:16:51] But is it something that you’re seeing younger people at an earlier age consider? You know, supply chain logistics. This isn’t your grandfather’s supply chain and logistics. You know, this is a different world now. This isn’t, you know, warehouses. I mean, it has warehouses of forklifts, but those might be run by robots and there might not be a human in the building. So it’s not what it used to be. And maybe there’s kind of a perception that isn’t the reality for young people that are considering this.

Paul Noble: [00:17:21] Yeah, no, I think a great point. Things are shifting, jobs are shifting, but we see a lot more interest. We see a lot more programs that are growing in the supply chain management space as a. There’s a concentration and even majors. Right. And I think that I look back I was having a conversation with Tim Brown at Georgia Tech and I was like, I didn’t even know to go into supply chain when I was entering school and wish I could have. And I think it’s great that there’s a lot more visibility and opportunity for that to be an intentional pursuit for young adult entering undergraduate or graduate programs and entering the workforce, that that’s something they want to do. That can be a great career.

Lee Kantor: [00:18:23] Well, you recently secured your 25 million for a Series B. What is it that you need more of to kind of keep this expansion and growth going? Are you hiring right now? Is there something we could be doing to help you with How can we help you?

Paul Noble: [00:18:40] Yeah. So certainly always looking to connect with great customers and partners and it’s still a pretty uncertain and challenging environment. We’ve been able to continue to grow and serve, serve those customers with that. We are always looking for great people in it, across a lot of different functions, especially in the in the technology function here. And so if you’re interested in some of the things we’ve been talking about here today, whether you’re a practitioner, a technologist, or could potentially remove some angst and uncertainty from your day to day, we’d love to talk to you in any of those capacities. And should be should be a lot of fun moving ahead.

Lee Kantor: [00:19:30] So what’s the website? What’s the best way to get a hold of you or somebody on the team?

Paul Noble: [00:19:35] Yeah, we can. You could always reach out to via the website VeriSign dot com and we’re at VeriSign underscore I on most of the social channels. And then you can always reach out directly to me at all embarrassing dot com.

Lee Kantor: [00:19:53] And that’s VeriSign v e r u. S e cnn.com.

Paul Noble: [00:19:58] Correct.

Lee Kantor: [00:19:59] Well, Paul, thank you so much for sharing your story, doing such important work. And we appreciate you.

Paul Noble: [00:20:05] Thanks, Lee. Always great to be on and I appreciate your support.

Lee Kantor: [00:20:09] All right. This is Lee Kantor. See you all next time on Atlanta Business Radio.

About Our Sponsor

OnPay’sOnPay-Dots payroll services and HR software give you more time to focus on what’s most important. Rated “Excellent” by PC Magazine, we make it easy to pay employees fast, we automate all payroll taxes, and we even keep all your HR and benefits organized and compliant.

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Tagged With: Paul Noble, Verusen

Steve Kahan With Insight Partners

November 9, 2022 by Jacob Lapera

High Velocity Radio
High Velocity Radio
Steve Kahan With Insight Partners
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Insight PartnersSteve Kahan-CopySteve Kahan, Marketing Expert at Insight Partners.

He has successfully helped grow seven startup companies from the early stage to going public or being sold, resulting in $5 billion in shareholder value. Steven is the author of Amazon’s best-seller, Be a Startup Superstar. Steven’s newest book is called High-Velocity Digital Marketing.

Connect with Steve on LinkedIn.

What You’ll Learn In This Episode

  • Anatomy of a $1 Billion Exit
  • The situation was on day 1 at Thycotic – where revenue was flat
  • The big bets the company made
  • The modern digital marketing strategies the company put in place – that any company can replicate
  • Easy-to-implement strategies for getting found online, providing the most critical information, and getting buyers to purchase—fast.

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:05] Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for high velocity radio.

Lee Kantor: [00:00:15] Lee Kantor here, another episode of High Velocity Radio. And this is going to be a good one. Today on the show, we have Steve Kahan with INSIGHT Partners. Welcome, Steve.

Steve Kahan: [00:00:26] Thank you for having me, Lee.

Lee Kantor: [00:00:27] I am so excited to learn what you’re up to. Tell us a little bit about Insight Partners. How are you serving folks?

Steve Kahan: [00:00:33] Yeah, So Insight Partners is one of the world’s largest venture capital companies. And I advise a number of portfolio companies on their digital marketing.

Lee Kantor: [00:00:45] And what’s your backstory? How did you get into this line of work?

Steve Kahan: [00:00:49] So I really am a 30 year veteran of startups in particular, focused in on marketing. And and really, if you if you look at my background, I’ve been blessed to have work with seven startups, all of which have successfully sold or have gone public, generating a little over 5 billion in shareholder value.

Lee Kantor: [00:01:14] So did you start out just within one startup and then that grew and then you got kind of the bug and you jump from, you know, one site exited, then you jump to another one.

Steve Kahan: [00:01:24] Yeah, that’s pretty much the story. But, you know, for me, I did not take the traditional path. And I remember when I was growing up, my father used to tell me so many times just, Hey, get your degree. Go to work for a large corporation. You work hard, they’ll take care of you and you’ll have a great career. And I remember about a year and a half in, and I was staring at this pile of claims that I was supposed to process that that day. And then looking at my bank account and wondering, how on earth will I ever get ahead? And the student loans would eat my paychecks before they ever even got a chance to hit my bank account. And so I asked an important question to myself at that point, which was, how could I earn a great living loving what I do? And so for me, I quickly realized I needed to kind of get out of working for a large corporation and get in to the startup world where there’d be very much like minded entrepreneurs. And and as you say, I got the bug and have never left.

Lee Kantor: [00:02:34] Now, when you’re working at a venture firm like you are, how do you kind of view the entrepreneur? How do you view that startup founder? Are you seeing them like, I know you’ve kind of gone through the path multiple times, but has that perception shifted when you’re looking at kind of the other side of the ledger?

Steve Kahan: [00:02:56] Yeah. So for me, it’s it’s a it’s a great question because although I now sort of work with the venture capital company, when you have 30 years of being in the trenches, of having to do the work that a lot of the entrepreneurs that I’m advising are doing, What they’re not getting, for example, is advice from a super smart, young sort of person who’s got a background in in banking or financials who who really has all the book smarts in the world but has never really done it right. And so for me, I have a great empathy with respect to what the entrepreneurs are going through. And what I try to do is, is try to utilize a lot of the experience that I have, in particular with what works and then focus in on providing advice that helps them to accelerate revenue at reasonable cost.

Lee Kantor: [00:04:01] Now, anyone, any entrepreneur that’s going the venture route, isn’t it the expectation when you go that route, it’s like a home run or a grand slam or an out, like you’re not interested in manufacturing runs and and being okay with singles as a result?

Steve Kahan: [00:04:22] Well, in terms of the investment philosophy, the organization is always looking for home runs, but they’re singles, there’s doubles and there’s triples. And I, for example, have have have hit the singles, doubles, triples and home runs as well. And so, you know, you always a every single deal that you invest in always looks like it’s going to be that home run, at least in Excel. Right. And then the real world sort of gets in the way, if you will. Right. And so so you you certainly are looking for those home runs and you try to counsel and provide great guidance. That would enable the entrepreneur to achieve that. But realistically, that’s not the case all the time, even though you’re shooting for it for sure.

Lee Kantor: [00:05:15] Now, with your lens as a marketer, do you see companies differently? Like are you able to advise folks maybe that have an idea that is are generating singles and you can, with your marketing skill, move them up to a double, triple home run?

Steve Kahan: [00:05:33] Yeah, 100%. I mean, what I find is that there was an interesting study that I recently read where 83% of the CEOs expect their marketing to drive most of their companies growth. And yet the Harvard Business Review said roughly 80% of CEOs are dissatisfied with their marketing results. And and so what you find is, is that there’s a lot of sales and marketing leaders who feel a little bit overwhelmed by revenue expectations they can’t meet. And part of at least the advice that I give is that the way people buy now has totally changed. Right. And so there’s a lot of organizations that interestingly hasn’t kept up with that. And a great example is if you think about it, just think about it in your own life, right? If you’re going to go buy a car, you probably are not looking forward to going to ten different dealerships and working with sales reps at those ten dealerships. Again, nothing, nothing against those those reps. But what you’re doing is you’re going to be searching online. You’re going to go do some Google searches. You’re going to understand the various options that you have. You might build your own car, you’re going to read reviews. You’ll probably even know what the pricing is and what it should be. Right. And that’s the way people are buying now. And so when you think of that, that a lot of organizations haven’t adopted an approach that enables them to grow revenue, given the fact that their buyers are now relying on digital content to make their purchase decisions.

Lee Kantor: [00:07:27] And that’s a major shift because historically the salesperson was kind of the gatekeeper of the information and now the consumer has the information at their fingertips and then the salesperson has to really just be the Sherpa that’s guiding them through the the buying decision that makes sense for them.

Steve Kahan: [00:07:49] That’s right. And what it means in in just very specific terms is that there’s a new level of information parity during the buying process that has totally changed how marketers have to interact with potential buyers to influence them towards their product and services. And so the bottom line is, is you’ve got to be great online, right? And if you want to consistently grow revenue, you have to be able to do it by delivering great content in an environment where people are going to scan quickly to quickly, then make a decision whether or not they’re going to read on. Right. And so you’ve got seconds, right? And so being great in that environment is is is not easy. But but but I’ve been able to do it. I’ve been able to crack that code. And and that’s a lot of the advice that I also try to provide the organizations that I work with.

Lee Kantor: [00:08:54] But isn’t it I mean, that tactic of being brief but high quality information, enticing, compelling that works, I would think, for the person maybe at the beginning of their journey. But when they’re ready to make that actual buying decision, don’t they want to go deep and really validate their instinct?

Steve Kahan: [00:09:16] Yes. And Right. And so so what that means in in practical terms is that you’ve got to be able to understand and deliver content across the full spectrum of the buyer’s journey. Right. So when they’re educating themselves at the top, when they’re considering different solutions, when they might actually go just refine their search forward and start to look at a specific solution or a specific couple of vendors to to evaluate all the way through the purchase. And you’ve got to be able to connect with them across all of those stages. And if you don’t have great content across the full spectrum of the buyer’s journey, that will zap the. Velocity out of any high velocity digital marketing strategy.

Lee Kantor: [00:10:10] Now, how important is it in this journey, like especially in startups where you don’t have buyers yet? Maybe you have an idea. How do you kind of get actionable information when you don’t have kind of a baked solution yet?

Steve Kahan: [00:10:27] Well, the way that I would advise people to to look at that is that they’ve got to really understand the status quo. Right? And so the status quo represents the current situation, how the buyer is serving their their needs now. And and this really matters in the scenario that you outlined, because you often don’t lose business to a competitor, you lose it to the status quo. Right. And so oftentimes you’ll hear someone say, gee, we’re just not interested or I’m not interested because what I’ve got is good enough, Right? And so so you’ve got to ask potential buyers about the status quo, have them to describe, for example, their current process for for what they’re doing today, what their operations are, how they and their team stay on top of the challenge, how they don’t get overwhelmed by it. What are some of the tools and products that they use today? What are they like about them? What don’t they like? Right. And so by understanding that status quo and communicating very specifically against it, it enables you to tackle that problem head on.

Lee Kantor: [00:11:52] Now, I think that you brought up a very important point here in terms of learning how to position your product or service, how to speak the language of your prospective customer. You have to really have conversations, human to human conversations, and understand the language they’re using, the search terms, they’re using the the outcomes they’re desiring. You have to really get to know them. And a lot of founders, at least the ones I’ve spoke to, they have an ego maybe, or a point of view that they understand and they really can develop personas, but they don’t really have the data to validate those personas that makes sense in their head. And then you can’t not have conversations with people who are buyers and or potential buyers. That’s where the rubber hits the road. That’s where you’re going to get that edge to create that high velocity result you’re talking about.

Steve Kahan: [00:12:57] Yeah, you’re absolutely right. I mean, what you’ve got to be able to do is you’ve got to understand the entire context of the buyer’s world and and you’ve got to regularly talk with customers and then beyond. Just that is that if you look at a lot of the organizations that actually do talk with customers is that they they ask them questions that just so happens to align with the solution that they sell. So they’re almost leading them towards the solution because that that’s what they want to hear. And so you’ve got to ask certain questions in which you don’t do that, and then you’ve got to pay very close attention to the specific language that those potential customers use. Because then in your content, in your ads, you want to reflect that language back at them. Because one of the major marketing fallacies is that like, gee, if we could just be super creative, that that’s going to really help us to to stand out and win. And the truth is, is that the buyers don’t care how clever your marketing department is. They want to work with people who understand and empathize with them, and speaking their language proves that you do exactly that.

Lee Kantor: [00:14:22] Yeah, I remember when I was in school, one of the lessons they taught I have a degree in advertising was it’s not creative unless it sells and a lot of marketers get hung up with the creative part and not the selling part.

Steve Kahan: [00:14:36] Yeah, absolutely right. And then when you’re asking those questions, then you’re starting to get a better sense of also what people are Googling for. Now, you can get a lot of the stats of what the what the search numbers are on specific terms, but really understanding that, I mean, you’ve got to be great on Google, right? And so that’s whenever someone’s going to buy something today there, they’re there oftentimes. Going to Google, Right. And and and being great on Google is a key in this environment in order to sustain growth.

Lee Kantor: [00:15:14] Now let’s share some advice, maybe for a couple of different people. Let’s start out with the the new startup founder. Maybe there that person that had a corporate job and is thinking, you know what, I’m going to take this plunge and I’m going to pursue startups as maybe a pivot in my career. Any advice for that person that’s going from a corporate background into the startup world? What are some do’s and don’ts for that individual?

Steve Kahan: [00:15:40] Yeah, so the way that first of all, I, I think of startups, right? So I never founded my own company. I always went to companies at least had some sort of revenue that were taxed to them. Right. And so what I look for and what I try to always find is that a lot of the entrepreneurs out there, they have good stories, right? But what you’re looking for is a situation in which there’s both a good story as well as a good chance for success. So what I look for first and foremost are quality people that share my values, right? And so if you can’t respect, trust and admire the people involved, move on and look for others, that that sort of rock your world have complementary skill sets. I look for a concept that fills a big market need in which that market need is a must solve problem. Right? And so it’s why I’ve sort of gravitated mostly towards cybersecurity. And I don’t worry if there is competition, I worry if there’s not competition. I look for a great product that I believe in, one in which that I would want to purchase or recommend myself. Right? And that I could go to work every day for with a passion for what that company creates and my role in creating it. And then I also look for that the startup is is funded well enough, right? You don’t want to choose a startup that doesn’t have a long enough runway to get off the ground, right? So you want to check to see that the company is properly funded and capitalize. You have the best chance for growth and stability. I found that if you look at those core attributes when you’re evaluating companies, odds are that you’ll be selecting a company that has the potential to win big.

Lee Kantor: [00:17:41] Now, I know a lot of your background and work is in the startup world. Does your in your latest book, High Velocity Digital Marketing, does any of that pertain to maybe that individual that’s in professional services that they’re that they themselves are marketers or they themselves are an accountant or a doctor? Do do those same strategies work in like kind of a B to B consultant world?

Steve Kahan: [00:18:09] Absolutely right. And so, you know, like if you look at even just understanding your ideal target buyer, right, in in great ways, I mean, when I started at the last company I was at where we went from 5 million to 145 million in five years and exited for 1.4 billion. When I joined on day one, I asked the founders and the management who the customer was, and they said it was it was cybersecurity company, right? And they said that our our, our, our customers are the chief information security officers. Right. And so they were like, Steve, you should know that this is we’re we’re cybersecurity company And I started to interview the the customers. And what I found was it wasn’t the the people responsible for i.t security at all. It was actually i.t admins. It was the techies in the trenches. Right. And so in many ways those are the folks who are never going to read an analyst report. They want stuff fast. Easy, right? They they aware in many hats. They’re going to read reviews. They’re going to hang out online in certain places where the the i.t. Security people who are creating policy or worried about regulatory compliance are are not right. And so when you think of companies of all sizes, no matter what your role, there are very fundamental things in this case. This established company didn’t even know who its ideal buyer was right and so that that lesson of of focusing on your ideal target buyer for example, is is something that a lot of people in organizations across different roles oftentimes take for granted. And as a result, when their marketing digitally their marketing in the wrong places and they wonder why they’re not getting the return that they expected.

Lee Kantor: [00:20:14] But in your example, not only were they looking in the wrong places, they were dismissing your question like they were. So they were so confident that they knew it didn’t even occur to them to look somewhere else.

Steve Kahan: [00:20:30] Yeah, absolutely. I mean, and then it plays out, right? And so, like, if you think about it, we wanted to launch a podcast. And so the last thing I wanted to do was to launch a podcast that, like, nobody’s listening to. So knowing that our target customer were these IT admins, I went to partner with an organization that was the leading provider of training to I.T admins and they did some podcast. I offered up a partnership with a cybersecurity podcast and because we tapped into that huge customer base that they had literally within weeks we had one of the largest cybersecurity podcasts around the globe. Right? But that all emanated from knowing who we were going after and then being, I guess, sort of entrepreneurial enough to say, Gee, who can we partner with where at very little cost, we could have a huge podcast and do it at Lightspeed.

Lee Kantor: [00:21:36] Yeah. So I mean, it’s a great lesson for people out there. And again, it’s you’ve got to get out of your office and talk to the real buyers, not just assume you know, because even if what you thought was true when you started may not be true today.

Steve Kahan: [00:21:53] Yeah, for sure. I mean, and those needs change, right? Markets evolve, competitors evolve. I remember we were taking a position around simplicity, ease of use, right? Because it aligned with what our buyers wanted and it really started to work. And so our £800 gorilla competitor that actually had a complex product started messaging all around simplicity. So I got online and I started Googling for their documentation, their products documentation, and ours was about 30 pages. And I found that their product documentation was over 1500 pages long, and I compared their documentation to the fifth largest novel ever written in human history and trained our sales and partners on that. And, and literally their attempt at matching our messaging ended and, and it never recovered for them.

Lee Kantor: [00:22:59] Good stuff. Well, for you, what? Could we be doing more for you? What do you need more of? How can we help you?

Steve Kahan: [00:23:07] Well, really, I’m more about helping others. Right. And so what would help me is, is that I just wrote a new book called High Velocity Digital Marketing. It’s really focused on the digital marketing strategies that we’re talking a little bit about here. And it’s very much a how to, by the way, where people could implement what they learn literally that same day. And so I guess if it provides value, what would help me is that I get gratification at at least at this point in my career is is just hearing back from others that they tried some things that that that worked or any feedback that they might have that that would be most helpful for me would be just helping others succeed.

Lee Kantor: [00:23:56] Now, in this book, it’s very tactical. And is is this something that you have to have a big budget in order to leverage digital marketing? Or are there ways, like you mentioned, partnering and doing things with others that may be you can do it in a more affordable rate?

Steve Kahan: [00:24:12] Yeah, I mean, that’s what it’s all about, right? I mean, I mean, another example is, is that which I, I go into detail, but like we talked just a little bit about being great on Google and you could pay super expensive SEO consultants or read 500 page books and your head will be spinning. Right? And so what we did is we identified our coveted keywords, right? These were the ones that people were searching on whenever we created content, whether it was web content or or other types of content, we would have our SEO expert meet with that content creator, make sure we were covering the appropriate keywords. They would meet again at the end of the project to make sure that they were incorporated, and then we would expose the content so that Google could scan it right? And just simply that process, as well as creating content that our partners love, which gave us a lot of backlinks, enable us to punch far above our weight. And so that just implementing a process like that and I go into other things as well, can really help any listener and their company to become great on Google.

Lee Kantor: [00:25:29] Well, if somebody wants to get a hold of the book or connect with you and your team, what is the way to do that?

Steve Kahan: [00:25:35] Well, my book, High Velocity Digital Marketing, is available wherever you would buy books online like Amazon and I could be connected with at Be a Startup Superstar.

Lee Kantor: [00:25:49] All right, Steve, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Steve Kahan: [00:25:54] Well, thank you for having me. Lee. It is my pleasure.

Lee Kantor: [00:25:57] All right. This is Lee Kantor. Until next time on high velocity radio.

Tagged With: Insight Partners, Steve Kahan

Simon Severino With Strategy Sprints GmbH

November 4, 2022 by Jacob Lapera

Simon Severino
High Velocity Radio
Simon Severino With Strategy Sprints GmbH
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Strategy SprintsSimon SeverinoSimon Severino helps business owners in SaaS and Services run their companies more effectively which results in sales that soar. Trusted by Google, Roche, Consilience Ventures, Amgen, and AbbVie.

He created the Strategy Sprints™ Method that doubles revenue in 90 days by getting owners out of the weeds. He is a TEDx speaker, Contributor to Forbes and Entrepreneur Magazine, and member of the SVBS Silicon Valley Blockchain Society.

Connect with Simon on LinkedIn and follow Strategy Sprints on Facebook and Twitter.

What You’ll Learn In This Episode

  • Shortening the path to ‘wow’.
  • “Strategy Sprints”
  • 3 CEO habits
  • Walkthrough process with new clients

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:04] Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for high velocity radio.

Lee Kantor: [00:00:14] Lee Kantor here, another episode of High Velocity Radio. And this is going to be a good one. Today on the show, we have Simon Severino with Strategy Sprints. Welcome, Simon.

Simon Severino: [00:00:26] Hey, everybody. Happy to talk. High velocity and sprints goes well together.

Lee Kantor: [00:00:30] There you go. Well, before we get too far into things, tell us about strategy sprints. How are you serving folks?

Simon Severino: [00:00:37] We coach people to have better sales and marketing and to run their business in a way that is more conducive to a good life rather than just a great business. So basically we want to have them feel great now while they are scaling their business versus feel great. If insert your if here, if I sell, if this happens, if that happens because it never happens. But what really happens is right now the process of exploring, of building and of scaling, and we are the coaches who help do that with more fun, with more grace.

Lee Kantor: [00:01:17] Now, do you have a niche that you serve? I mean, being an entrepreneur or a small business person that covers a lot of ground, do you work in certain areas?

Simon Severino: [00:01:26] We work only with B2B businesses, mainly agencies, consultancies and B2B software.

Lee Kantor: [00:01:34] And then what’s your back story? How did you get involved in this line of work?

Simon Severino: [00:01:39] So I started 21 years ago in a global consultancy where I would do this work for the big brands across the globe. On Monday I was in New York. On Thursday I was in Paris and on on Saturday I was in Shanghai doing it for different teams. The question was always the same question How do we enter a market? How do we crush it in the market and how do we stay in the market? How do we stay competitive? How do we stay relevant? And those questions are still around here. If you run a business right now, whatever the business is, you are asking yourself, what’s the right thing to do For me to stay in the market, to crush it in the market, to stay relevant, to stay competitive? What do I need to change? What do I need to keep? Or just being doing more? What do I need to do less? These are the questions that we get asked every day.

Lee Kantor: [00:02:38] Now, when a client comes to you, are they typically experiencing a certain type of frustration or are they at a plateau or are they losing business or are they just kind of getting burnt out? What is kind of the reason that they reach out to you?

Simon Severino: [00:02:53] Typical reason is they feel like they have hit a plateau. If they just do more, it doesn’t bring more results. It would just burn them out. So their current situation is. Every project starts from scratch like every client. They cannot reuse current modules. They are restarting every client project from from scratch, which means there is a lot of manual activities. It’s a ton of input from their side and the business is dependent on them. So they feel like if they go for a four weeks vacation, they would have guilt feelings and sneak sneak away from the beach to have a phone call. That’s usually the situation when they come to us.

Lee Kantor: [00:03:45] Now, when they’re working with you, is there a typical process you go through for every client? Do you kind of walk through? They have to do some pre homework before they start working with you or do you just start listening to them and then just kind of coming up with a plan to help them solve whatever problem they have and help them reach whatever outcome they desire?

Simon Severino: [00:04:11] Yes, we just start listening. There is no pre work. The only pre requisite is that you want to scale the business because our goal will be to double revenue in 90 days. And so this will be the most intense project for your next 90 days. In the first month we will work on simplifying your offer, packaging the offer better, having it convert more. So it will be an offer as simple as VW revenue in 90 days. If you can say it that quickly, that simply then it’s highly referable. People can get out and refer to you, People can become your affiliate partners. And so the first part is to simplify it in a way that it actually gets across. The second part. Is to increase by 25% the sales time. So to shorten the time from awareness to closing by 25%. Many people take six months, eight months, ten months to close a deal, to close a new client. And so we will reduce that to 2 to 3 weeks using our templates and swipe copies. The second part is we will reduce the increase the conversion rate by 25%. Conversion rate is you are talking to ten people per week, you are closing five, then you have a 50% conversion rate. Now we will increase that rate because it’s usually below 50 and we want to have it around 50%. So we will increase that by 25%. And the third thing is increasing the price for the offer that you are currently selling by 25%, by de-risking the decision for the client and by improving the positioning and what it is compared to with compared to. And so when you increase those three things by 25%, which is what the strategy is Prince method is all about, then you have increased revenue by 99%.

Simon Severino: [00:06:24] Now you have almost doubled revenue and you have more cash flow, which means that the team is more relaxed and you are now more in grace and in in in a calm, productive state which will now be felt by your clients as being much more fun to work with. So you will lose less clients and they will refer much more to you. But this is what we do in the first month. Simplifying things, just finding what’s currently working for you, doing doing that more and doing less of everything else. So the team will have much less activities because they have now only one main offer and we are improving each part of that offer every week. And then the second part is increasing those three key strategies, 25% more conversion rate, 25% faster, saves time and 25% more dollars for the same offer, which increases cash flow. And then the third month is writing all that down in form of processes so that it’s less people dependent. Now it’s a machine that’s working. And when we write down the processes, which we call SOP, standard operating procedures, now you can hire people, you can change people, people can get six or go go on vacation. But the whole system is still resilient, is adaptive, is capable of having self correction and self-healing properties, which you want to have, especially in these times, in this very volatile times, you have a system that can cope, self-heal, self-correct, self decide, and now it’s less dependent on on people.

Lee Kantor: [00:08:26] Now is that your consultancy? So it’s a 90 day sprint. That’s what people are buying from you. Or is it something that okay, once we’ve tackled one line of business, now we do it again for a different one and we just keep it going from there? Or is that kind of the end of your time with them that all it takes is 90 days to kind of solve their problem and get them on the right track?

Simon Severino: [00:08:51] Yeah, most clients just book one sprint for 90 days and that optimizes one main offer for them and they don’t need more. Then they have a more simple business which is converting more. They have now more life. They have systems that work that’s fine for them and and some then pick a second sprint. So they say, All right, I have now one offer that’s working like a machine. Now, can I stack a second offer on top of that? And so of course, when you have optimized one, you could now start a second one. This is how you create multiple revenue streams stacked upon each other. And so, yes, some do a second sprint, but you actually don’t need many. It’s enough. If you do one, you have one systemized business and then you can enjoy your life because that business is enough to create, you know, to feed multiple families. And so for most people, that’s enough.

Lee Kantor: [00:09:56] Can you share a story? You don’t have to name in the name of the client, but just talk us through the challenge that they had and how you were able to inject your system into their world and get them to a new level.

Simon Severino: [00:10:08] Sure. So Sonny Abdul-Jabbar in Los Angeles, he’s printed and he’s a consultant. He runs an attack consultancy. So everything that you need, he is the guy that you would call if you are in Los Angeles and say, Sonny, I need developers. I have this tech problem. Can you solve this tech problem? And he’s the most networked guy and he would find it. Now, the problem was that he was offering many different things. Like most service businesses, they start offering they they get asked for multiple things and they say yes. And then quite quickly, you have 17 different offers in 17 different projects. So what happens is that your profitability goes down and you are working a lot for. Not much more net profit. So he felt that just doing more of that will not be conducive to growth. And so he sprinted. And his goal was to to simplify and to systemize the business. So all of those different things that he was offering, we asked him if you could only pick one Sunny, which is the most profitable of all these offers. He picked one. It was. Just consulting on blockchain related topics. So of all the possible technological challenges, he picked blockchain technology and then we said, Alright, who is of all your last 50 clients? Which one is the ideal client? And he picked one.

Simon Severino: [00:12:00] And then we designed the flow of his things to be around that main offer for exactly that kind of people that he wanted to serve. And we simplified everything else. He started a weekly lengthy newsletter, which was called The Three Things Blockchain You Need to Know this Week. Very simple, but very coherent. And so the whole brand was now very simple, very coherent, very easy to tell what they stand for. They are the blockchain guys. You have any technical blockchain question, Those are your people. And so sales went through the roof. He wrote us then a wonderful client testimonial, which is on our website, and it says, In this strategy, Sprint, my sales went through the roof. And it was just in the first month just simplifying and then in the second and third month systematizing and scaling. That was basically the work for him. And that’s a very typical sprint, a typical situation for agencies, consultancies that they. They’re doing too much and they’re offering too much.

Lee Kantor: [00:13:13] Now, it seems to me at the heart of this is being clear on your offer and what is going to be the offer that resonates with that ideal client as part of your system. Are you doing any interviewing of their ideal client to really understand what it is that they need and what it is they’re getting from this your client like? How important is that understanding of the real motivations of the of the client’s client in order to come up with that simplified offer that resonates.

Simon Severino: [00:13:52] Great question. Yes, it’s very important. And yes, there are also interviews. So we have 274 blueprints and templates ready for our clients. And some of them are interviews. We have even three types of interviews and we have the whole slab copy is exactly what they ask, how long the interview goes, how many people they need to interview, and there are many variations of doing it yourself. And then there are delegated versions where your team interviews them, and then there are even fully automated versions where just emails ask them these questions. And yes, these are three of our 274 blueprints. Plug and play ready are very important because you really need to use their words. So we then use the words that we collect in these interviews on the website, on the email subject line. So this is the masterclass of marketing when you use the exact words that your clients use. Because, you know, you can you can use your technical words, but that’s not how they think. You have to use the words that they use. That will increase your or your Google ranking, that will increase the resonance and the they will feel understood when you use their words, literally their words. Then they will say, Oh, yeah, that’s me. He gets me. Oh, yeah. Click.

Lee Kantor: [00:15:29] So is that a mistake you see firms making is they’re not really empathizing enough with their client. They’re kind of just talking in the language that they understand about their service and product and not through the lens of how the buyer buys, but rather how they’re selling.

Simon Severino: [00:15:52] Totally. Yes. And we are all doing this in different degrees. But if you go to your website right now, whoever you are listening to this, think of your current website. What are the first words? What are the first 10 seconds that I experience? Are you talking my language? Are you talking the language of the user who is there for the first time? Are you talking to them like you would talk to a stranger visiting your place for the first time? Or are you talking from your perspective? And so most of our websites, if we are honest, we are talking from our perspective, Hey, this is who we are. This is what we can do for you. We don’t start with, Hey, this is who you are. I see you. I know how it feels. I know that you have this problem, this problem, and that this feels hard. You know what? Those three people also have this problem. Look what we did with them. Can we do it with you? Find out. That would be a good flow for for a website. For example, if this happens in the first 10 seconds, that’s a good website and you can check our strategies please dot com. We always try to have that flow optimized and it’s converting quite well. But most, most websites are just talking features. They are talking from their perspective. We are engineers. We have built great features. Okay. But I don’t know how you’re talking to me or to something else. Is this built for small businesses or for big businesses? We are not connected yet, so I’m not interested in your features. Do you see me? That’s what I want to know in the beginning. And are you talking to me now?

Lee Kantor: [00:17:40] Especially for your professional services clients. Is it something that you need to have? Like you have a book. You have a lot of thought leadership on your website. Are those kind of must haves? In today’s day and age, when it comes to selling this type of knowledge? Or is that a nice to have?

Simon Severino: [00:18:02] That’s a good question. And it’s different for everybody listening right now. I don’t think anybody needs anything. I think you can run a great business without a website, actually. Probably the core component are an email list. Good operations, meaning that you actually deliver value around to vitals. You either help them decrease costs or you help them save time, or you help them increase sales. Time and money are two vital things. If you have some operations, some core core delivery, that really helps them with either time or money. I think that’s a must. And the second is that you really care about that, that you really want to go deeper, understand them, make them win, because they will feel it. These two, I think, are a must. And then that you really show up, that you really consistently show up for them, are there for them, and are interested in evolving and are interested in their feedback because you will implement that feedback. So this is the must. Something else is a nice to have.

Lee Kantor: [00:19:26] What? What do you need more? How can we help you? Do you need more entrepreneurs to go through the system? Do you need more business coaches to get certified in your system? What? What are the things we could be doing to help you?

Simon Severino: [00:19:42] I need as many people as possible to grab the book because they they can navigate the next months much better if they have our proven processes and they are in the book. The book is strategist Prince Dotcom and they can grab it on Amazon.

Lee Kantor: [00:20:01] So the book is the first step in kind of connecting with you and your team. If you go through the book, you learn, implement some of that stuff. It’ll improve your business and it might make you ready to invest in a more substantive relationship with your team and or maybe join and partner with you.

Simon Severino: [00:20:22] Yeah, most people cannot afford a 1 to 1 sprint coach, but the book is a great starting point and many checklists, many blueprints are in there and they can go very far just by implementing what’s what’s in the book. And it’s step by step. Every chapter is exactly very practical. So most people will get most value just by doing what’s in the book strategy sprints. And then some of them might say, All right, I came so far and I want to go even farther, and they will call us. They will then go to strategy sprints dot com and have a call with us.

Lee Kantor: [00:20:59] And are those 274 templates in the book or some of them?

Simon Severino: [00:21:04] Yes, like 35 of them are in there.

Lee Kantor: [00:21:07] Okay. So it gives you a good feel for your methodology.

Simon Severino: [00:21:11] Totally. Yes. And it can probably help them save a ton of time because they can now focus on what they are best at and and don’t have to think about the process of how to do marketing, how to do sales, how to do client onboarding, because that’s in the book and they just focus on what they are great at.

Lee Kantor: [00:21:34] Well, Simon, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Simon Severino: [00:21:42] Thank you. Keep rolling, everybody.

Lee Kantor: [00:21:44] All right. And that’s strategy sprints with an ESPN.com. All right, This is Lee Kantor. We’ll see you all next time on high velocity radio.

Tagged With: Simo Severino, Strategy Sprints

Kevin Song With withco

November 4, 2022 by Jacob Lapera

Kevin Song
Atlanta Business Radio
Kevin Song With withco
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withcoKevin SongKevin Song is withco’s Founder & CEO. Driven by the experience of his family’s Brooklyn grocery store being displaced, Kevin started withco to make it exciting to be a small business owner in America again.

He’s spent his career investing in, managing, and advising over 50 companies and has deployed over $1B of equity capital.

Kevin graduated from Cornell University with a degree in Economics and was a Forbes 30 under 30 recipient for Social Entrepreneurship.

Connect with Kevin on LinkedIn and follow withco on Facebook and Twitter.

What You’ll Learn In This Episode

  • Kevin’s story and how he came to found withco
  • How withco helps small business owners
  • The state of small business real estate
  • Broad economic trends that impact small businesses

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:04] Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Atlanta Business Radio, brought to you by on Pay Atlanta’s new standard in payroll. Now, here’s your host.

Lee Kantor: [00:00:24] Lee Kantor here another episode of Atlanta Business Radio. And this is going to be a good one. But before we get started, it’s important to recognize our sponsor on pay. Without them, we couldn’t be sharing these important stories. Today on the Atlanta Business Radio we have Kevin song with withco. Welcome, Kevin. I am doing well I am so excited to learn about your company. Tell us about withco how are you serving folks.

Kevin Song: [00:00:51] Yeah definitely so withco we are an acquisition firm that helps small business owners become commercial property owners all across the United States. We do that through our financial product called Lease to own. We think that mortgages are pretty unattainable for most small business owners. We think leases are not a good option, especially for the best best business owners. And so we’ve created this third option that really helps small business owners turn into really fantastic owners of properties and in that hopefully help them build generational wealth versus get to this place.

Lee Kantor: [00:01:30] Now, when you’re saying small business, how are you defining small? I mean, the government has one definition and a lot of small business owners have another.

Kevin Song: [00:01:39] Yeah, definitely. So I think from a very baseline perspective, we do use the Small Business Administration’s guidance on what defines a small business, but it comes in all shapes and sizes. And so we look at everything from doctors and dentists to people starting up retail concepts to people who are in the concrete polishing business. So of course your local restaurants and neighborhood services.

Lee Kantor: [00:02:06] So then the property you’re looking there, you’re talking about, it could be, like you said, kind of a mom and pop small salon that’s a standalone building to a larger office building.

Kevin Song: [00:02:20] Yeah, that’s right. It could be mom and Pops who want to buy a single location and have a very permanent relationship with that community. It could be an entrepreneur who is looking to scale a concept from one to many locations, and it could be anything sort of in between.

Lee Kantor: [00:02:40] So what’s your back story? How did you get involved in this line of work?

Kevin Song: [00:02:45] Yeah. So I started the company in 2019, actually. Quite a little bit of a personal story. My family had a grocery store in Brooklyn for about two decades. Mom and dad, good people ran that thing. Blood, sweat and tears. That a lot of good things for the community. I think that was just a part of running a good local business. And yeah, long story short, we got a phone call from a big developer who decided to raise our rents, and so we lost that business three weeks and we actually lost our home after a few months. And I was 11 when this was happening. And so really trying to understand why the heck this was happening in the first place. But the question that I asked then and still sits with me to this day and I sort of become the kernel to start with CO was why being really successful and creating a lot of value in that community actually ended up leading to our own demise. That question of why are there really good, fantastic entrepreneurs and families across America who effectively displaced themselves by being really successful? That became the real genesis to start the company.

Lee Kantor: [00:04:00] So ironically, the more value that your folks were providing the community, the more valuable that property became. And that ultimately led to them being kind of removed from their the neighborhood that they built and served.

Kevin Song: [00:04:16] Yeah, exactly. It’s it’s like the greatest irony of them all. It’s the fact that we built the system that, you know, kind of markets itself as rewarding hard work and success. But through that hard work and success, you actually end up destroying a lot of the value that you created. I don’t think that’s an America that we’re really proud of. And I think when something like displacement actually happens, it’s this sort of identity crisis that we face, that the reality of our situation actually is not congruent with the identity that we have. And so that instance not only happens on a small local corner in Brooklyn, but it’s happening more systemically across the country. And one of the reasons that we’re in Atlanta and we’re in Georgia in general is because we think this is going to be one of the next sort of epicenters where so many people are moving there, so much, so much is changing. And that’s in no small part because of the fantastic local entrepreneurship that exists and the great local businesses. And so we want to support as many fantastic entrepreneurs as we can to sort of ride the wave that they’ve actually created.

Lee Kantor: [00:05:38] Now, what percentage of small businesses own their own property? Is it just a super small number?

Kevin Song: [00:05:47] Yeah, literally. Raz 0%. It is one of these weird sort of instances where it’s mostly these sort of like mom and pop landlords that actually work and sell and invest into these properties. And I think in that it’s really, really easy to sort of understand why some of these bigger sort of issues exist in the first place. Know, we think the issue isn’t that like a local landlord is making a practical decision for their family on who to work with and why. It’s really that the system has been put in place where a small local business, you know, we use coffee shop, you know, doesn’t really stand a chance against like a Starbucks when, you know, you’re competing on price and kind of rents and all of that sort of stuff that actually are important decisions. And so, yeah, there’s there’s a lot of sort of systemic sort of thinking that we do because ultimately it drives to a conclusion and that again, like I don’t think any of us are really, really proud of.

Lee Kantor: [00:07:03] And it’s one of those things I don’t think people realize that a lot of larger franchises or businesses that have stores around there really real estate plays more than they are business plays, or that business is just a part of what the what the real business is.

Kevin Song: [00:07:24] Oh, yeah. I mean, we know some well known entrepreneurs who, you know, for example, in New York City have told us that they’ve made more money on selling or owning their real estate than they’ve had on selling millions of pastrami sandwiches, creating sort of a different method or way for small business owners who are truly putting their blood, sweat and tears into creating a great operation and letting them get on sort of this path to a different type of wealth creation is something that makes us proud to come to work every day. And I think we’ll hopefully be the foundation to to change a lot of the way that even America thinks about small business. We think it should be this career path that’s accessible and exciting and wealth creating and not perceived to be this thing that’s very risky or very passion driven exclusively. It should be a really good decision for your family. And we think real estate ownership is just just the start of that path for great business owners in America.

Lee Kantor: [00:08:39] It’s funny that you bring up the delis in New York. Most of the kind of name brand delis aren’t there anymore because of this.

Kevin Song: [00:08:48] Yeah, that’s right. But, you know, 305, this house is curated. Katz’s Deli is going strong. They’ve been there for over 100 years and I don’t think they’re going anywhere. And I think it’s in no small part because they own 250,000 ST.

Lee Kantor: [00:09:02] Right, they own the building, so therefore their future is kind of safe.

Kevin Song: [00:09:08] Yeah. And again, it’s this sort of like weird platform risk that exists that is like great irony that we’ve set up for ourselves where business owners work really hard to make their business and therefore their place extremely valuable. Yet aren’t the ones that actually get to cash out on that value. And it comes from the fact that mortgages and ownership are highly inaccessible for most business owners. You know, they cannot save a down payment because it’s an impossible amount of money. They also do not know how to buy commercial real estate and for good reason. It’s a very esoteric product. And, you know, unlike even buying a home, which has been very, very consumer ized and educated and government supported small businesses, no one knows really how to buy commercial real estate except for a handful of companies and people. And, you know, again, on the other side of the lease is just this product that is so counterproductive. You end up you know, if you do really well, you end up raising your own rents or having someone pay more for the space that you and the neighborhood that you’ve created, most likely a big business or you have a big developer or someone else who has a genuine higher use of that space come in. And so we’re sort of in the business of trying to serve small business owners to sort of have as many options as they can to to build wealth. And one of those main pathways and sort of the foundational layer we think for businesses that occupy space is just to make sure the relationship with that space is not only secure and that you have control over it, but that it’s something that is an extremely good return on your investment because you’re probably not only operating a great business, you’re probably spending a lot of money to make that space wonderful, and you’re also doing a lot of great things for that neighborhood.

Lee Kantor: [00:11:15] So how does it work? How do I know if my business is the right business to take advantage of this opportunity? How does the whole process work?

Kevin Song: [00:11:26] Yeah, sometimes we’ll find you, but we welcome people to come find us any day of the week you go to with Darko, you can learn a lot about how we work and what we’re doing. On that. You’ll sort of tell us what your situation is. Maybe you’re in an existing space that you love and it’s the one for you, and you want us to help you buy that specific building. Maybe you’re coming at the end of a lease term and you want to move and look for a space that’s bigger, smaller, exactly the same. Or maybe you want to grow. Maybe you have a few or one really successful location. Your landlord is never going to sell it to you, but you want to open up your second or seventh or 15th location of a business and we can help you with that too. Once you sort of come to with Echo and go through that onboarding process, you’ll get sort of white glove treatment from our team to really help you kind of understand near how to invest in real estate with your business. We want to make it as easy and informative and we want to create options for you as much as possible. And so by uploading your information and telling us what you’re looking for, giving us your lease and letting us really understand your purchasing power, we can be extremely consultative in trying to create as many options for you as we possibly can.

Lee Kantor: [00:12:58] So say hypothetically, I have a I’m a doctor, you know, it’s my own practice. I’ve been, you know, leasing in this space for a period of time. I make, you know, X number of dollars a year. You see how much I’m paying in rent? The lease is coming to an end. You know, my size is okay, maybe I could always go bigger. I come to your website, I fill out some forms, I have a conversation, and you are going to take that data and then say, Hey, you know what? Down the street, here’s a building that might be appropriate and you help me move or help me acquire it. How? How does it work?

Kevin Song: [00:13:41] Yeah, we’ll be we’ll be fully turnkey, fully consultative to you. So it could be a like this space that I’m in, my lease is expiring and, you know, my landlord has asked me, do I want to buy the building in which you like the building, in which case we will help you price that building, make an offer, run the entire due diligence process for you, and basically give you back the key. So you’re now on a lease to own agreement with us Every year that you pay rent, When you’re on your agreement, you get part of it back effectively in the form of a down payment credit. And over the course of our lease term, our goal is to build you up to a full down payment that you need to actually buy the property back from us. And we do. We run sort of every process of that journey. If you’re interested in moving or expanding, we’ll help you actually find those new locations. We work with great brokers across the country. We understand kind of the inventory, the real estate that’s out there that’s possible to purchase. And so whether you’re coming to us with a property in mind, it could be the one you’re in or the one down the street that you saw for sale sign on, or you need us to start from scratch and actually understand if the one you’re in is the right one for you and help you find new locations, that can be great options for your business.

Kevin Song: [00:15:13] We’ll take it all the way through from beginning to end. And the idea is to also not only run that process for you and make it something that you can you can rely on. We also want to build trust with you by actually educating you on why we’re making some of the decisions that we’re making, because we are, in effect, making them together. We don’t succeed unless you become our buyer. We want you to own the building. And so we’re buying lease to owning and then selling the building to you. And we both need to understand why this thing that can be the most transformative experience of your life can be the thing that sets your family up for generational wealth. Why, that’s a fantastic decision for both sides.

Lee Kantor: [00:16:04] So I’m not just trading one landlord for another. You’re help your partnering with me to help me at some point be the landlord for myself and own the space.

Kevin Song: [00:16:16] Yeah yeah exactly. You know, I think business owners already have an ownership mindset, right? Like, no one’s building a business, you know, for just a short period of time. At least the ones that we want to work with, they’re building a business because this is what they’re called to do or this is what they need to do or this is what really motivates them. And so we’re with them sort of every step of the way, and we want to make sure that they are, in effect, making a fantastic investment decision for themselves, where they’re making a fantastic return on their time by running a great business. And that might be, you know, creating great profits for them. We want to make sure that those profits stay within their their hands by making sure the real estate is secure. And also in that same breath, actually helping them capitalize on that work that they’re already doing in that space by educating them and doing the work for them to make them sort of evolve them from being just a small business owner into a community, into being both a small business owner and the literal community owner by owning a piece of property.

Lee Kantor: [00:17:37] Now, when you’re talking to a small business owners, is this kind of a mindset shift? Are you having to educate them on on the understanding that they are kind of vulnerable in the situation as a tenant rather than a, you know, the owner of the property?

Kevin Song: [00:17:53] Yeah, definitely. I mean, we want no one likes surprises in the world of real estate, right? It’s not like no one likes when the landlord and the tenant have the conversation six months before the lease six fires and the landlord says, Well, actually I’ve got a double year rent, you know, the neighbor, the neighborhood, and that business owner kind of go up in arms and say, you know, this is this is like an infringement on the community rights. And it should be like that should be the feeling, actually, because, you know, losing like a cornerstone of your neighborhood is like. I don’t know, like Coca Cola going out of business in America because they can’t resign their lease like that local corner store or that local cornerstone, like failing to exist in the local economy and local society is. Absolutely tragic thing. And so we are sort of in that business of trying to help these business owners really get on that path and in that education and understanding and really changing your mindset from being someone who operates a great local business on a daily, weekly, monthly business into someone who can really think about how to build something for the long run. Because odds are if you’re if you’re great, you’re already doing that. We’re just trying to walk you across that bridge of being a renter to an owner and enabling you to do that financially and with sort of the means and the education.

Lee Kantor: [00:19:39] Well, I just don’t think that most business owners understand how vulnerable they are. Like you’re mentioning some stories, you know, where they raise the rent double or triple. I mean, I’ve heard just recently a store here locally in Atlanta, they raised it four and one half times. And it can happen to anybody. And and you are vulnerable. And if you have an opportunity to take control of some of the this risk by investing in yourself and investing in your building specifically with the help of somebody who knows their way around, I think it’s definitely something you should be considering. I mean, I just don’t think that the typical business owner understands how vulnerable that that at the end of a lease, you’re your rent can go up at whatever number that the landlord wants it to.

Kevin Song: [00:20:30] No, that’s right. That’s right. I mean, I think one of the great philosophers said something like, you know, a healthy man, you know, thinks about a million things and a sick man thinks about one thing. I think real estate and the relationship with the space is very, very similar to kind of that sickness. Right? It’s like it is the thing that is so foundational. It is the thing that your entire business runs on top of. Yet, you know, I think it’s easy to sort of forget what that relationship actually means for the survival and the thriving of your business. And so one of the first things that we ask for from a business owner is the lease, because we once we see that lease, can actually tell you, well, hey, you have three years left on your lease, that’s great. Like you might have you might be on a great lease today, but actually, like there are a lot of cranes going up in Atlanta right now. And, you know, these big brands are actually coming in. And so even though you have the security of your lease today for the next three or so years and you did a really good job of figuring out how to get a lease that would protect you for for a period of time. But it is a slow moving car crash. We know what’s going to happen at the end of that at the end of that lease term, which is your landlord is going to be shopping around and asking, you know, my lease coffee shop is interesting, but Starbucks is willing to pay me three times as much because Atlanta became you know, this part of Atlanta became really cool.

Kevin Song: [00:22:11] And now Starbucks wants to capitalize on that or, hey, like this big developer is coming into town and they’re willing to pay me a lot of money to actually make this this face really meaningful financial sort of opportunity for me. And so, again, like, it’s really about preparation. Like we don’t want small business owners to be caught by surprise about what’s going to happen. And with that preparation, we can actually advise the business owner. All right. Hey, like your lease today, the current relationship that you have with your space is actually really good. You are sort of tracking where the market is. And so by the end of that lease term, unless you just genuinely want to own like you probably have a good option to sign another lease set of fair term. Or it could be that, hey, like we just want you to know the price of rents in this market for compared to where you are today is actually already doubled. And so there is going to be this car crash, really tough negotiation that’s going to happen. And we want to prepare you whether that means helping you think about other options that you could potentially move to, whether it means making an offer to your landlord today so that maybe you can you can take advantage of sort of having that relationship for the next three years. Some places already. And so, yeah, again, all of this is about making sure the small business owner has all of the options in front of them to have the best relationship with space, including one which is around permanent ownership and wealth creation through their business.

Lee Kantor: [00:23:52] And you’re open to talking to people with several years left on their lease. They don’t have to be ready to move, you know, in six months or 12 months. You all talk to anybody, right?

Kevin Song: [00:24:02] Yeah, we’ll talk to everyone. We want people to come through our doors. We want to be really helpful and supportive. We know like starting a small business and running one successfully doesn’t happen by accident. And so all of that work and, you know, blood, sweat and tears again, that you’ve you’ve you’ve you’ve done to create value. We want you to keep it. And ultimately we understand that you coming to our doors today may mean we’re not going to be able to have a meaningful conversation with you if you’re not ready for ownership or you have too much time left on your lease before you can make make a move. But ultimately, it is again about providing great options to business owners, which once we have that information, What is your current relationship or relationships with space through releases and where is the market? And also how is your business doing? We’ve we want situations where someone comes to us, give us gives us this information and tells us what they’re looking for and we tell them, hey, we’ve got nothing for you right now because your business isn’t ready. Once we have that information and we see that your business does become ready because your profit margins go up or you’re about a year left on your lease, we can start really creating great options for you. It’s just again, like business owners have no business in or no reason to have thought that this was something that was extremely possible for them. We want to enable and empower and educate them to prove to them that this is one of the best ways to actually run a business and to create security and control and wealth through having a fantastic local business.

Lee Kantor: [00:26:10] So if somebody wants to learn more, have more substantive conversation with somebody on your team, what’s the way to do that? What’s the website?

Kevin Song: [00:26:17] Yeah, with that super easy should be some great sort of easy options there to sort of go go through the journey. You could also contact partnerships with ICO directly if there’s something more urgent. But I would, I would recommend Watsco as a place to learn more and to start the journey.

Lee Kantor: [00:26:38] Well, Kevin, thank you so much for sharing your story today. You’re doing important work and we appreciate you.

Kevin Song: [00:26:43] Yeah, thanks so much. We really, really excited. Thanks.

Lee Kantor: [00:26:45] All right. This is Lee Kantor. We’ll see you all next time on Atlanta Business Radio.

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Tagged With: Kevin Song, withco

Henry Ravenel With Southeastern Chamber of Commerce

November 4, 2022 by Jacob Lapera

Henry Ravenel Jr
Association Leadership Radio
Henry Ravenel With Southeastern Chamber of Commerce
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Southeastern Chamber of CommerceHenry Ravenel JrIn 2005, after studying Psychology and Government & Foreign Affairs at Hampden-Sydney College in Hampden-Sydney, VA, Henry headed back to the Carolinas to pursue his dreams. Installed as Chief Executive Officer of a Charleston Networking Association in 2005 by former U.S. Majority Whip James Clyburn, Henry began his journey as a leader. After six years of operating the alliance as a membership-based networking association, Henry amended the name of the organization to the Southeastern Chamber of Commerce, carrying all rights pertaining thereto.

Today, Henry L. Ravenel Jr. leads this organization through a lens of new millennium success, structure and positive regional impact. He oversees the chamber’s Future Agendas and Public Policy initiatives at the international level, along with the countless day-to-day operations of the organization at large.

In a short period, Henry established a Southeast Regional growth plan, which has been effective for dozens of large and small companies. Henry has assisted the Southeastern Chamber of Commerce, its Board of Governors and its hard-working investors, in embracing new business challenges associated with aggressive communication initiatives and campaigns, all designed to bring great benefits for the region.

The chamber’s success across the region has been based on its vitality and ability to stay on the cutting edge of ever-changing business and economic trends. As a young chamber, SCC witnessed the need for a “millennial powerhouse”, moving forward to define and establish this concept through seven core cluster target areas that affect business development. The “powerhouse” has provided support to business owners and individual entrepreneurs who have encountered tough advocacy issues that are currently in front of local, state and national government.

Prior to building the foundation of the Southeastern Chamber, Henry was a manager with Veolia, an international transit company. He also became a valued leader at Kiawah Development Partners, Inc., which operated many subsidiaries such as the Doonbeg Golf Club in Ireland and the Christophe Harbor on the island of St. Kitts,West Indies. Henry currently owns Henry’s Transmission & Roadside Assistance, Inc. based out of Ravenel, SC. He also serves as Chairman of the Board of Trustees for the Market Street Gentlemen Society, a private wealth society based out of Charleston, SC.

Henry held numerous military leadership positions throughout his educational career in Camden, SC. He served as a member of the Camden Military Academy Board of Alumni, class president and battalion adjutant.

As part of his duties while leading the efforts of the Southeastern Chamber, Henry also serves as Executive Board Chairman to its new Board of Governors. He is actively involved in many faith- based projects and holds various positions with Sounds of Praise International Ministries, a growing Christian ministry led by world-renowned Bishop Dr. Allen H. Simmons. Henry is happily married to M. Dunice Ravenel, a Human Resources Supervisor with the U.S.Department of State.

Connect with Henry on LinkedIn.

What You’ll Learn In This Episode

  • Upcoming initiatives the SCC and its subsidiaries
  • Small businesses in navigating through the economy since Covid-19 outbreak, vaccines, and overall adaption
  • Pro/Cons of new wave of energy for small businesses
  • Corporate America in adapting to the inflation of entrepreneurship and its overall impact on today’s workforce

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:02] Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Association Leadership Radio. Now here’s your host.

Lee Kantor: [00:00:20] Lee Kantor here another episode of Association Leadership Radio and this is going to be a good one. Today on the show, we have Henry Ravenel with Southeastern Chamber of Commerce. Welcome, Henry.

Henry Ravenel: [00:00:33] Thank you, Lee, for having me. Pretty excited about today.

Lee Kantor: [00:00:37] I’m excited to learn what you’re up to. Tell us about the Southeastern Chamber of Commerce. How are you serving, folks?

Henry Ravenel: [00:00:43] Well, the Southeastern Chamber is extremely busy these days as a business networking association. We were founded in 2005. We service about 893 members across the southeast, particularly comprising of small business entities. They make up hospitality and tourism, health care, green energy consortium, nightlife, entertainment and of course, technology, which is something big across the southeast. Certainly a pleasure to talk about all of the growth that’s happening not only in the chamber, but I think in the region as a whole and then, of course, across America. We were, as I said, founded in Charleston, South Carolina, in oh five, about ten years shy of the closing of our military tourism base there in Charleston. And we developed our assisted our communities there with developing plans that would come up with a stronger blue and white collar industry there in Charleston that would make things sufficient for years to come so that if another big closing like that of a manufacturing dependent, that many of the residents and local market was depending on, if that were to happen again, we would be ready. So we were founded during a very unique time, but we are all about networking, training and promoting our members and we’re always looking to do that through an innovative form of development. Well, that’s a little bit about our chamber now.

Lee Kantor: [00:02:17] What was the thinking to have the chamber focus on the Southeast rather than just the community or the city or even the Metro?

Henry Ravenel: [00:02:26] Well, you know, they have about three or four different chambers that are in Charleston and just right there servicing the Charleston area. But no one is looking at interconnectedness on a regional basis. And a lot of our contractors want to do business abroad. They want to do business outside of the local market. And we decided to do what we saw that other chambers weren’t doing and that still have the small business improvement areas that cover a specific locale, but then give them the opportunity to connect for contracts and bids and opportunities abroad as well. When I say abroad, of course, outside of our headquarter market of South Carolina, with doing that, we’ve been able to structure divisions, to have cross collaboration with other divisions to do business. So whether it’s bidding on a project at a stadium in Atlanta or whether it’s looking for government contracting state of Raleigh, North Carolina, our members love that cross collaboration and we wanted to make a regional impact while still giving them a small time hometown feel.

Lee Kantor: [00:03:37] Now, as a leader of an organization like that, how do you kind of help them, the members connect with each other and create maybe events that encourage that type of collaboration across borders?

Henry Ravenel: [00:03:51] Well, we do that through a lot of our events and service. You said a key word there, events and whether it’s our NENO conference, which stands for Stop Entrepreneurship Next Gen Opportunity, or whether it’s through some of our local festivals that we put on as an organization, we’re always looking to connect those members, whether it’s through international trade, us being a 500 1z6. We just did two tours in Africa to talk about international collaboration and US trading and employment opportunities in the hospitality and tourism industry. You know, all all the way down to just some of the programs we do from city to city and state to state. Those include our restaurant festivals and, you know, food and beverage events that all drive our members with the opportunity to do business abroad and in the local area. So those are just to name a few of some of our programs and events that we provide to the members across the borders.

Lee Kantor: [00:04:58] So what’s your back story? How did you get involved in this line of work?

Henry Ravenel: [00:05:02] You know, I went to Camden Military Academy and finished there in high school, came out second in command. So leadership wasn’t a stranger to me tipping off to college, which was done in Hampton, Sydney and Hampton, Virginia, Hampton, Sydney, Virginia, and then got into Charleston and just realized there was a need for a millennial based networking organization that focused on small business. Like I said, we had had our traditional chambers that had been around Charleston Metro chamber, one of the greatest. Organizations in Charleston had been around since 1776, but they had a very traditional structure and a very traditional way of doing business. So when we looked at that and we looked at the amount of college graduates and high school students that were coming out of high school locally and college locally, but matriculating on to other areas like Atlanta and Charlotte. We had to bridge a gap there. And we thought that the chamber, with the first step, being networking and future collaboration, would be able to bridge that gap and which it did. But how do we. We asked ourselves back then, how did we go to those cities like Charlotte and Atlanta and Raleigh and those that were close by and grab our next generation of trailblazers that had took off? And then we figured out that if we created cross-border collaborations on a regional level, that may have the opportunity to bring them back home and strengthen the workforce, but still give them the opportunity to tour and visit and have friends in other markets, that we could create good synergy and collaboration to do business with them. Still feeling exposed, getting proper exposure, but yet having that hometown town feel to come back and contribute to the market. So that’s how all that got started. And some of the ideas that we had when this came about.

Lee Kantor: [00:06:54] Can you share a story where you were able to help a member kind of build one of those cross-border relationships that took maybe either one or both of those organizations to a new level? You don’t have to name the name of the organization, but maybe the challenge that they had and what they were looking for and how were they they were able to achieve it.

Henry Ravenel: [00:07:15] Uh, yeah, I could give you a I guess I could give you kind of on the advocate standpoint without me. That sounds like an interview question. They’re like a, like a job interview question. But I think I could give you a example of how we assist one of our members with advocacy. We had a member that. You know, services something in the health and beauty industry. So it’s a it’s a nail industry. And a lot of their employees that come to the states come from abroad. So they were dealing with a testing and a international examination period through the License Labor and Review Board, which is linked to our State House and some of our local state officials there. We were able to assist him with streamlining a easier testing process for some of his employees to come into the country because his unique services that he offered is sometimes not something that a lot of our local workforce would like to do or would like to be trained. So we took him in and met with local officials and some of our state officials and politicians that were all involved with that committee and build policy and law process that made it difficult for him to get some employees and help. So we had to travel to various markets and do some analytics and data to prove his argument and then bring it to the board for review. And so our cross-border collaboration in the return on investment for that member came from him being able to see that he had a local business organization that fought in front of local, state and national government for things that affected his business. We went from Columbia to Raleigh back to Charleston to prove the importance of why this small business that has 12 locations really needed not only the support of his chamber, but support of those that are passing laws that affect his business.

Lee Kantor: [00:09:21] Now, if you were going to give advice to an entrepreneur or small business owner on the best way to leverage this Southeastern Chamber of Commerce membership, what would you say is the most important thing they could be doing?

Henry Ravenel: [00:09:36] Well, follow our return on investment strategy. I think we’re the only chamber that offers a 180 day return on investment plan that tells you once you sign up to become a member and you invest in our products and services, how do you gain the most of your ROI? So we’ve got a roadmap plan that we give out and it tells you on your 30th day or 60th day, your 100 and your 90th day in 120th day, what you should be looking for, what are the type of events that you should be engaged in? Not only that, I think we’re the only chamber that offers customized membership, meaning that member has the opportunity to come and sit in front of us and talk about what are their needs for their business. You know, traditional structures. Typically you sign up for a chamber of commerce, you list off your list of benefits and it’s the take it or leave it thing, you know, get in where you fit in. We saw that that was problematic for industries like chamber. So the Southeastern Chamber rolled out a millennial plan to customize memberships. So we take the question you asked me and we give it back to the member.

Henry Ravenel: [00:10:43] What is it that you’re joining this organization for? In section F of our application, we ask, Do you need government contracting? You need networking, you need marketing, you need visibility. And when they check that box, we put them into a system and then we look at our calendar for the year and our programs and our services. So we mix and match those opportunities to what they signed up for. And we’ve seen that members like that because they get a greater and direct return on investment other than just being thrown to the wolves, which is kind of like sometimes how these modern day groups and organizations do things. So I would say to any member interested in looking at getting the best bang on their buck for joining the Southeastern Chamber is to follow the plan we give you, which is that our strategy in the beginning and then when we sit and talk to you during that interview process and we ask you what is your expectation and what is your prospective return on investment from the organization, that you answer that thoroughly so that we can do our job and deliver.

Lee Kantor: [00:11:44] Now what do you need more of? How can we help you? Do you need more members? Do you need more kind of corporate partners, more sponsors? How can we help you?

Henry Ravenel: [00:11:54] We’re always looking for collaboration and partnerships and but we’re very specific family chamber. So at that same time, we want to make sure that partnerships are strategic for our organization because we are a different type of chamber. So I would say what we need from organizations like yours and other partners in the airways and in the media realm that have large followings is just to help us promote the small business, family office, family style businesses. We are the training ground and the hub for those type businesses. And if you can help us get the word out about our organization specifically wanting to service those markets, that would be of great help to us. Not to mention we’re rolling out a plan that’s a lot to do with green energy, putting more smart energy hubs in a lot of our southern markets. We’re working on bidirectional green energy and with solar panels and electric car charging stations. It’s going to be a big tech green tech wave for the 2023 plan of the chamber. So any businesses that are connected in those spaces are always good referrals for our chamber. With some of the new bills and laws that have came out and some of the business that we’re going to be doing across the region was specifically in the energy and in green space. So all of those are good referrals. That’s how you can help and certainly we would appreciate that.

Lee Kantor: [00:13:32] So now, having worked in this space for a minute, are you bullish about the next generation of entrepreneurs? Are you excited about their contribution to the economy?

Henry Ravenel: [00:13:46] Well, I’m excited if we’re able to continue to understand them, because millennials have to understand Gen Zs as Gen Ys had to understand millennials. And I think that they can contribute a lot. Our Gen Z generation can contribute a lot to the economy, but I do think they need to realize that it’s comfortable that it sounds it’s not going to be able to be done from your pillow in your bedroom. Even though we’re a millennial and innovative chamber, we still believe in shaking hands. We still believe in face to face interaction. We still believe in closing a deal at a table. And and so I think it’s going to be a balance. It’s going to be a balance between the two generations. And we’re here to help find that balance. We’ve been finding it. And and so I think that we do have a bright future. To answer your question, with the the next generation of trailblazers, we just got to be able to pinpoint their thought process and how they think things. And then we’ve got to model the workforce to fit them. Some may say, no, we should take our corporate structure that we have and we should have them level up. But you try to tell people that have to run our nation and our workplaces and our small business models that are next in line. As others phase out, you try to tell them that they’ve got to do this and they’ve got to do that. And I think that’s the problem. They don’t want to hear that. So we’ve got to figure out a way to meet them in the middle. We need their technology. They need our wisdom, they need our strength. And together, when you can put that all in one hand, you’ve got a great fits.

Lee Kantor: [00:15:31] And it’s important contributors like you and your team that are being that bridge to help make that happen.

Henry Ravenel: [00:15:38] Absolutely. And we enjoy it. We enjoy every bit of it.

Lee Kantor: [00:15:41] Now, if somebody wants to connect with you or somebody on your team, what’s the website?

Henry Ravenel: [00:15:46] Yeah, you can reach us at Southeastern Chamber dot org. On December 1st, we’ll roll out our new interactive website. So we’ve had our website now for about seven years and we’re rolling out a new website on the 1st of December. But to reach us for now, you can reach us at our current website, which is Southeastern Chamber dot org. Of course you can call the chamber direct at 8435562863 or also on our. All of our modern modern social media links such as Instagram. We have Southeastern chamber page there, Facebook and Twitter, so you can reach us in those markets as well.

Lee Kantor: [00:16:34] Well, congratulations on all the success and thank you so much for sharing your story today. You’re doing important work and we appreciate you will lead.

Henry Ravenel: [00:16:41] Thank you for having us. And we look forward to doing some collaboration, probably working with you again in the future.

Lee Kantor: [00:16:46] Sounds good. All right. This is Lee Kantor. We’ll see you all next time on Association Leadership Radio.

Tagged With: Henry Ravenel, Southeastern Chamber of Commerce

Kristin Zhivago With Zhivago Partners

November 4, 2022 by Jacob Lapera

Kristine Zhivago
High Velocity Radio
Kristin Zhivago With Zhivago Partners
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Zhivago PartnersKristine ZhivagoKristin Zhivago is the president of Zhivago Partners, a digital marketing agency that uses successful digital marketing methods and channels to produce qualified leads for its B2B and B2C clients. Zhivago is author of “Roadmap to Revenue: How to Sell the Way Your Customers Want to Buy,” selected by Forbes as one of the top sales and marketing books.

As a revenue coach for decades, Zhivago has helped hundreds of CEOs and entrepreneurs increase their revenue and has interviewed thousands of customers as part of our work. She founded Zhivago Partners in 2017.

Connect with Kristin on LinkedIn and follow Zhivago Partners on Facebook.

What You’ll Learn In This Episode

  • The most difficult thing about increasing revenue
  • The biggest mistake CEOs make
  • The shortcut to increasing revenue that anyone can put into practice
  • The four types of products and services in the world, and making sure you are selling yours correctly, based on the category yours falls into
  • “The gap” when it comes to growing a company
  • The biggest lesson learned as a revenue coach for decades

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:04] Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for high velocity radio.

Lee Kantor: [00:00:14] Lee Kantor here, another episode of High Velocity Radio. And this is going to be a good one. Today on the show, we have Kristine Zhivago with Zhivago Partners. Welcome.

Kristin Zhivago: [00:00:25] Thank you. I’m glad to be here.

Lee Kantor: [00:00:27] Well, I’m excited to learn what you’re up to. Tell us about your practice. How are you serving folks?

Kristin Zhivago: [00:00:31] What was the last part of your question?

Lee Kantor: [00:00:33] How are you helping people?

Kristin Zhivago: [00:00:35] Oh, we basically help people sell more. That’s my goal in life to help company owners sell more. Been doing it for years. I’ve been a revenue coach for decades, mostly helping CEOs and entrepreneurs sell more by understanding what their customers want to buy and how they want to buy it. I’m an expert on the customers buying process.

Lee Kantor: [00:00:57] What was the genesis of this discovery, of this skill set you had?

Kristin Zhivago: [00:01:01] Well, I started out selling very young. In fact, at 17, I was the first as far as I know, I was the first woman to sell machine shop tools in the United States. And it was kind of humiliating because they just gave me a catalog and told me to go sell. So I really I learned quickly that I needed to know more about the product in order to sell. And I also just I made it a vow to myself that I would learn everything I could about technology and selling. And I’ve been doing that ever since.

Lee Kantor: [00:01:36] Now, when you went out and started being a revenue coach and working on helping others, was that something that just organically happened in your career after you were a successful salesperson? You were like, Hey, I can you know, selling is selling. It doesn’t matter what industry I can, you know, apply these same tools and help other people wherever they are.

Kristin Zhivago: [00:01:58] Well, actually what happened, I was selling a number of different things, and then my husband and I opened an ad agency in Silicon Valley, and we did that for about 12 years. And I started that revenue coaching work. Then what really changed my whole outlook on marketing and selling is I would go into companies and they would say, Here’s what’s important to our customers. It’s a list, you know, and it made sense, perfectly logical. Then I would go out and interview their customers and the list was always different than what the company had given me. So I knew that what they were doing was marketing incorrectly because they weren’t addressing something. I call the mindset of the customer when they set out to buy, which is their desires, their concerns and their questions. If you don’t know specifically what they are, your marketing efforts will all be wasted. So that really started me on this path. And then once the Macintosh came out, I looked at my husband and said, You know what, They’re all going to go in house. I’m going to help them. So I labeled myself as a revenue coach, and I did that for a number of decades before opening my digital agency.

Lee Kantor: [00:03:13] And then is the same strategies, whether you’re selling kind of human to human in person, the same as digitally, if I’m using, you know, Facebook ads or LinkedIn or Google ads.

Kristin Zhivago: [00:03:25] Oh, absolutely. It’s even more important because the message is all you have. If the message is off, if they come to your website and they don’t see themselves, they don’t understand what you’re selling and what’s what it would do for them if it doesn’t press their buttons, they will leave immediately and they won’t come back. So it’s even more important in the digital arena.

Lee Kantor: [00:03:49] Now is the first step in in this process. What you discovered is just talking to your customers like that seems to be a common strategy in a lot of startups is, you know, you do 100 discovery calls.

Kristin Zhivago: [00:04:03] Yeah, you don’t need to do 100, though. If you do if you do the surveying the way I recommend. And by the way, in my book, Roadmap to Revenue How to Sell the Way Your Customers Want to Buy. I spell this out. I’ve done thousands of these interviews. I’ve learned a lot of lessons. I basically get on the phone with them. You make an appointment so they have time and you ask open ended questions. Surveys don’t work. Surveys are your assumptions put in the form of questions so you don’t really learn anything new. Now, the great thing about in-depth phone interviews and you should do it by phone so there’s no human contact kind of body language issues or anything like that, and they can talk to you while they’re driving or whatever on their cell phone. The the thing that’s interesting about this is by the fifth to seventh phone call. You have the trends. You have bankable information that will continue to show up. If you interviewed 40 people and I’ve done that, I’ve had big companies say, oh, no, no, no, no, no. You have to interview 40 people. And honestly, by the seventh call, what we were learning was the same all the way through to the 40th person.

Lee Kantor: [00:05:22] Now the person doing the questioning, do they have to be the CEO or is it better to be kind of not the person that’s that emotionally invested in the outcome?

Kristin Zhivago: [00:05:32] It’s better to be not mostly because the person on the other side of the line will try to be very polite. I mean, I’ve even had situations where I was interviewing some guy who was running a factory, and the machine, my client’s machine that he was using to build all of his products was down when I call them. And every third word was F, and he was just really upset. And I said, You know, I’ve never done this before, but you seem to be really upset. Let’s get the CEO on the phone and see if we can work this out. So we did. And he was a completely different person to the CEO. He was super polite. So the CEO really didn’t get the full gist of his anger at not being able to manufacture these things while was basically out of business while the machine was down. So it’s better to have a third party, but that third party has to be someone who’s familiar with the products and so on. So they don’t they don’t bore the customer because customers will get off the phone pretty quickly if they get bored.

Lee Kantor: [00:06:42] Now, can you share a story of maybe the most insight you were able to glean from this and and maybe the most disparate from what the assumptions that the client had? And then what was the reality of after speaking to the client, you know, their client, what they discovered?

Kristin Zhivago: [00:06:58] Yeah. One of my favorite examples is a company that sold software to companies who did field service of any type. So this is kind of an operating system for field service companies. You know, they sent technicians out into the field and the company, the CEO was very technical, wonderful guy, and they were really proud of their integration with QuickBooks because, of course, QuickBooks was the standard. So everybody thought big deal, and they were very proud of how elegantly they did that integration with QuickBooks. So I get people on the phone, and when that subject came up, the customers were like, Well, yeah, everybody integrates with QuickBooks. That’s not a big deal. So to them it was like at the bottom of their list, It was like, airplanes have to fly, food has to take.

Lee Kantor: [00:07:52] That was it was just table stakes for them.

Kristin Zhivago: [00:07:55] Exactly. Perfect word for it. Yeah. Baseline industry promises, what I call it. So it turns out that the thing that made them buy that product was that when you’re first talking to a customer and you’re entering their information where they are and what their their equipment is and instructions and all of that, you enter it once and then it automatically populates all the other parts of the program, the invoices, the directions to the techs, all that stuff, because these were usually small businesses and they hated entering data more than once. Any entrepreneur will tell you they hate double entry. It’s terrible, inefficient thing. So we ended up rebranding the company. They were called Pioneer Interactive or something like that, which didn’t tell anybody anything about what they sold. And we ended up calling it Field One. You enter the data in once and it populates all the other fields and field, one in the sense that they were sending people out into the field. They ended up selling the company. They did so well. They sold the company in Microsoft. And it was I mean, it was a massive turnaround. But we’ve done this many times with clients very similar exact kind of you find out the truth and then you use the truth to interact with your customers and they they respond, your revenue goes up.

Lee Kantor: [00:09:25] So now what is the kind of the the biggest mistakes that you see people make over and over again? Is it just this not like is everything at the heart of it the polling of your clients and asking them why they bought?

Kristin Zhivago: [00:09:38] Yeah, that’s why I called my book Road Map to Revenue because if I mean, you’re selling the customers, you’re selling the people, they have these desires, concerns and questions. I mean, if you think of it as a buyer, you know this if they answer your questions to your satisfaction, you’re going to buy from them. If they don’t, you’re not. It’s really simple. And most people think they know what customers want or they’re shy about talking to customers or they’re egotistical about it. They’re too proud. And so they don’t do it. The ego drives the problem. So, you know, I kept thinking I would solve the problem in life could go on, but every company still has this problem. So.

Lee Kantor: [00:10:26] Now, is it something that you solve at once and then you’re good for a while? Or is it should you be doing this on an ongoing basis?

Kristin Zhivago: [00:10:33] Yeah, that’s another wonderful thing about it. Even as fast as markets move and change, customer mindsets don’t change that much over time. If you’re in a super fast moving market, doing it every six months or so is sufficient. Now, obviously, if there’s a massive change like you’ve got a pandemic or something, then you have to reassess because the desires, concerns and questions may change radically and you have to be on board. But as a general rule, you can do this every six months, once a year, and just make sure you’re on the right, still on the right track.

Lee Kantor: [00:11:13] And it’s just a matter of getting your book, kind of taking those questions and using that as a guide and then just polling a half a dozen clients every six months.

Kristin Zhivago: [00:11:26] Yeah, half a dozen clients of any given type. So if you’ve got dealers and customers or dealers and distributors or so on or VPNs and and workers and CEOs, then you still have to talk to 5 to 7 people of a given type.

Lee Kantor: [00:11:44] Now, when you have that, when you are asking these open ended questions and they are probably going to talk a little bit and hopefully ramble a bit, and then within that there’s going to be, I guess, the nuggets of truth or the you’ll get you’ll glean the heart of the, you know, the key reasons that they made the purchase or that they were interested.

Kristin Zhivago: [00:12:05] Yeah. So what I do is I give the clients a conversation report. That’s a transcription of all the conversations broken into categories. So here are the answers to all the answers to that question, which, by the way, I can tell the person at the beginning of the interview that I’m going to do that. So it’s anonymous, which means they can speak openly. So that’s great. Then I also give him a summary and recommendations report. So I end up personally taking the hours that it takes to read through that conversation, report and bulletin using the findings so that anyone in the company can look at that and immediately understand. They can scan through that document and say, Oh, we see the big the big picture here and people will use the exact same phrase to describe that big picture thing, even though they’ve never talked to each other. It’s fascinating to me.

Lee Kantor: [00:13:04] And when you’re when you’re doing like, you know, call one to call to the call three, are you kind of using the information you’re learning as you go to help in kind of gleaning these nuggets? Or is it something where you’ve got to be kind of every time, the first time, and just ask them as if this the first time you’ve ever talked to anybody about this?

Kristin Zhivago: [00:13:27] It’s kind of a combination. I mean, obviously, if someone brings up something in the first call, that’s a total surprise. And and then the second person doesn’t mention it. I might at the end of the interview because you definitely don’t want to impact the interview in any way. But at the end of the interview, I might say, well, one person did mention this. What do you think of that now? By the way, I did that with that company that wanted me to talk to 40 people. By the ninth call, I thought, you know what? I’m wasting their money here, so I better start getting some more value. So I did that at the very end of the conversation, I might say, You know, I’ve talked to three people that mentioned this. What do you think? But you do have to be careful not to lead them or make your ideas end up in that report. It has to all be the customer stuff and you can’t sell to them either. You’ve got to just be interviewing. The minute you start selling, they’ll start playing poker and they’ll clam up and they won’t tell you anything.

Lee Kantor: [00:14:29] Now, what’s the kind of the frame you have to give them where they’re even open to having this type of conversation?

Kristin Zhivago: [00:14:37] Usually we used to just send the emails myself out to prospective interviewees, but I’ve found lately that it’s better to have the client send out the emails and say, We’re just trying to improve. We just need a half an hour of your time, open ended questions and we’ll set up an appointment. Interestingly, contrary to what you see in the movies and popular entertainment, most people are nice and they’re and they’re happy to be helpful. And this is one of those things where they don’t have to prepare, they don’t have to do any work. They just have to show up and start talking. So it’s kind of fun work. It’s not that hard.

Lee Kantor: [00:15:22] And they feel like they’re helping, right? They they they feel like they’re helping and giving back.

Kristin Zhivago: [00:15:27] Yes, exactly. And because they are customers, they have already invested in your company and they want you to succeed. That’s one of the prime things about this is you talk to people who have already bought from you, so you’re reverse engineering successful sales. You’re trying to find out their buying process so that you can replicate it and support it. And they want you to be successful. So they’re way more open to talking to you after they’ve bought.

Lee Kantor: [00:15:58] Now, so does it not work as well, like with a freemium product, like to to talk to someone who’s maybe using it for free or benefiting without paying and then asking them what it would take to move them to be paying.

Kristin Zhivago: [00:16:12] Oh, you could you could do that kind of interview. Sure it wouldn’t. It wouldn’t. Yeah, you do it. You might have to adjust your questions a little bit, but yeah.

Lee Kantor: [00:16:21] So it could work. Like somebody that’s a startup that doesn’t have maybe clients yet, but is just testing an idea or concept?

Kristin Zhivago: [00:16:29] Yes, it’s harder to do that. I mean, most of my clients are established companies that are trying to sell more, and I’ve known this from the beginning that it’s harder to find people. You have to find prospective customers who are not friends because one of the mistakes entrepreneurs make is they sell to their friends and then they hire a salesperson who’s selling to people who don’t know them. And the entrepreneur is like, Well, why are you having so much trouble? I didn’t have any trouble, but he was selling to his friends. So yes, it’s a little harder. You have to find the people. You still follow the basic pattern and as soon as you do start having customers, you should start doing this because that’s the real deal. You want to talk to people who’ve already gone through the buying process. They know you and your product.

Lee Kantor: [00:17:19] Now, is it is it helpful or is that like how is making that transition from early adopters to more mainstream? Because early adopters tend to try new things and take more risk and will take a flier on something where somebody who is less are more risk averse, is more hesitant. Does that change the the messaging? Does that change how you approach sales?

Kristin Zhivago: [00:17:45] Yes. Yes, obviously. And again, going back to their desires, concerns and questions, the concerns thing is a big deal. Nobody. There’s no such thing as a virgin environment when you’re selling. Everybody has been through millions of buying processes and and they’ve all become very sophisticated customers with our digital age and everything. The desire, the concerns might change when you’re talking to the people who are more risk adverse. But you’re still going to hear some of that with the people who wanted to try it for free. Because it’s not just money, it’s also time. It’s also being willing to invest the time to learn something or try something new. And that’s a risk too. So there will be some commonalities between the early adopters and the people that come after.

Lee Kantor: [00:18:39] Now, have you found after doing this, I would imagine across multiple industries and in multiple products and services that there’s kind of ways to chunk these out? Are there kind of. Certain types of products and services that like everybody kind of falls into. And then once you’ve kind of put yourself in that box, then you can, you know, optimize for that.

Kristin Zhivago: [00:19:06] Yes and no. One of the mistakes people make is they look at their competition and say, here’s what they’re doing. We’ll do that to. That’s okay for things like SEO where you’re finding the keywords that they’re being found for and the clicks they’re getting for those keywords, but. Your company, your product, your management team. The decisions that you make are very different from those of your competitors. So people look at the whole thing and every company is different and there might be a reason why they would go with one company over another and it might not be what you think. So you do have to be you can’t generalize this stuff. The specificity of this is actually what makes it work. And then you get that very specific message. Right. And they see it when they first come to your site or see your product or whatever, and they go, Yep, that’s me. Oh, good. They get it. They get it. It’s got to be very specific. You can’t just say makes you sexier, healthier, richer. Nobody pays any attention to that stuff anymore.

Lee Kantor: [00:20:15] And the more specific you are where the person kind of believes, oh, they get me, they’re talking right to me. That’s that’s what you’re shooting for?

Kristin Zhivago: [00:20:24] Yep.

Lee Kantor: [00:20:26] And then how do you. Is there once you get this information, do you help move the person from. Oh, they get me to. Okay, I think I’ll buy this or I’ll at least consider this to okay, I buy this and maybe I’ll tell my friends, like, do you help them through all the kind of the path of a client to not just being a client, but to be like kind of a raving fan as well?

Kristin Zhivago: [00:20:52] Yes. Short answer to that question. The buying process is all the way through those stages. I’m thinking about buying it, I’m buying it, and then after I buy it, I react to it somehow. All of that helps your sales. All of that drives revenue. So you don’t just stop with the sale. In fact, the companies that continue and cross-sell and upsell or make sure that people are happy, those are the ones that leverage the revenue they already have and turn it into more revenue.

Lee Kantor: [00:21:27] And is that low hanging fruit for most businesses that they’re not really kind of leveraging to the fullest? Is that existing client? It seems like a lot of folks focus on the new client more than the existing client.

Kristin Zhivago: [00:21:41] You’re absolutely right. And yes, that’s that is I can’t tell you how many companies could do so much better if they just turned around and looked at what they already have. They already have customers. Those customers can help them sell more to other customers if they ask them the right questions. That’s the first part. And the second part is reaching out and keeping in touch and being there for them. It’s sort of shocking to me how much money is wasted on bad messages because they never did talk to the very people they were taught they were selling to. And then afterwards they just drop them like a hot rock and go on to the next one. It’s just it’s crazy. There’s so much revenue. I have I’ve helped a lot of people sell through recessions, and that’s one of the first things you do, is you look for that low hanging fruit that’s sitting in your backyard already.

Lee Kantor: [00:22:40] Why do you think that people are more kind of enamored with the stranger rather than the people that are already there buying from them?

Kristin Zhivago: [00:22:50] Well, part of it is that sometimes the CEO doesn’t like customers. You know, they just they’re sort of a non social. And I found this a lot in the tech industry. They were they were not people people. They were equipment people and system people. And they really thought customers were a bit of a bother. So there’s that aspect. There’s also just feeling embarrassed about going back to them, like, why should we go back to them? What’s what can we offer them? And you have to think about that. I have one client who’s just a master at leveraging the customers they already have and giving new customers new reasons to reach out to them. And one of the things that we did, they sell a particular type of a lift for a data center. So you move your equipment around with this lift. It’s a motorized dolly kind of thing. And one of the things we did was we built a database of all the servers in the world and whether this machine can pick them up or not. And there’s thousands of servers. There’s a big project. But it’s a wonderful idea. And it’s helping customers, existing customers and new customers. So that kind of thing where you look and say the real question. That you ask yourself every single day is, how can I help these people? Given the resources that I have, how can I help these people?

Lee Kantor: [00:24:24] Right. And I think that’s that’s kind of a gap for most salespeople. They’re trying to sell something instead of just trying to help somebody. And and if they just started focusing on just helping more people, whether they buy their service or product or not, I think they’re going to sell more because they’re going to be a resource, then they’re not going to be another vendor.

Kristin Zhivago: [00:24:46] Yeah, this same client I’m talking about, actually, the salespeople were replaced with customer service people and they help the customer by. So whatever their issue is, supply chain problems or they need something right away, or they need a particular kind of thing, those people are dedicated to helping the customer. And sometimes you’re right, they don’t make a they’re not on commission, they don’t make any kind of commission if they help them or not. So they’re just helpful people and their revenue has gone through the roof. It’s masterful, wonderful thing to do. I’ve been advocating that for years.

Lee Kantor: [00:25:30] What makes people afraid to try that?

Kristin Zhivago: [00:25:34] Well, there is this mentality that sales works, that if you get a guy on the phone pounding the phones, a guy or gal, and they’re just going after the cut, that it’s going to work. It makes perfect sense. It’s way less complicated than marketing. So people just do it. But it’s it’s it’s so broken now. I mean, how many of us see spam possible spam on our cell phone and we don’t answer the phone? You know, how many of us avoid salespeople? And we’re getting really good at it with all of our technology and everything. The usual pushy sales methods do not work and haven’t worked for years, and we still do it. It’s crazy.

Lee Kantor: [00:26:19] Now, is there a lesson that stands out for you in your kind of career in helping so many folks increase their revenue? Is there kind of one big aha or one big message you’d like to share?

Kristin Zhivago: [00:26:32] Yeah, the message is what I’ve been saying, which is your customers will help you sell if you are humble enough to listen to them and ask them the right questions in the right way, they will absolutely help you sell and the information you get will be a big AHA to you. And sometimes I bring the information back in. The CEO says, Well, I knew that. But I didn’t know it was that important. I didn’t know that was the main reason that people bought from us, for example. So you might sort of know it, but you don’t realize until I’ve talked to these people and they come back with a report and you say, Oh my goodness, everybody said the same thing. So it does require humility. You do have to be willing to listen. But, you know, customers are where money comes from. So it’s a really good idea to to listen to them and take their advice.

Lee Kantor: [00:27:29] Now, who is your ideal client? Is it the the company or is it an agent? Do you work with other agencies? Like how do you how do you get your clients?

Kristin Zhivago: [00:27:43] I have been marketing myself for decades, writing blog articles, appearing on podcasts and so on, and I just keep getting this message out there. And every so often somebody listens to it and says, Oh man, this woman gets it. I got to talk to her and it makes sense to them. And we’re just off and running or people read the book or whatever. My perfect client is an established business that is not having much luck with digital marketing, which is why I started this agency back in 2017. Now, I’ve been in business before that for decades, but this was obvious to me as a revenue coach that so many established businesses were suffering because they’d hired a social person and it didn’t work. Or they tried SEO and it didn’t work, and they’re just super frustrated and they just they they’re worried because the marketing is all digital now, and if they can’t make that work, they’re really in trouble. So that’s that’s my that’s my perfect client. My only other rule is that I don’t work with jerks. I have no clients and no jerk workers. So we’re all we’re doing all day long is helping each other. It’s a wonderful environment. I’m happier working now than I’ve ever been in my life. It’s just so much fun.

Lee Kantor: [00:29:04] And it doesn’t matter if they’re B2B or B2C.

Kristin Zhivago: [00:29:07] No, we do both.

Lee Kantor: [00:29:10] And then the outcome that they would get by working with you, you would help kind of hone in on the proper messaging and also even to the point of executing the knowledge, they’re into actionable marketing pieces that can be rolled out.

Kristin Zhivago: [00:29:25] We build, we build digital marketing campaigns, we do some non digital stuff, but basically we build digital campaigns that work and bring in qualified leads. That’s another thing. We’re not we don’t just want to bring in lots of leads, we want to bring in the right leads. And so that’s we just fine tune it. We use a variety of methods, whatever is appropriate online advertising, SEO, content marketing, email, marketing, social, all of those things, whatever is appropriate, whatever supports the customer’s buying process, that’s what we do.

Lee Kantor: [00:30:01] And if somebody wants to learn more, what’s the best way to get a hold of you or somebody on the team?

Kristin Zhivago: [00:30:07] All they have to do is either just Google my name, Christine Zhivago, I’m going to be all page one. They can go to Zhivago Partners, Dotcom. Everything they need is there, including my phone number and other ways to get in touch with us and very accessible. And I have a team of about 2025 people.

Lee Kantor: [00:30:27] And that’s the HIV Argot Partners.

Kristin Zhivago: [00:30:32] Yep, exactly. Well, can get the book on Amazon road map to revenue. How to Sell the Way Your Customers Want to Buy.

Lee Kantor: [00:30:39] Well, Kristen, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Kristin Zhivago: [00:30:45] Thank you. Good questions. I enjoyed it.

Lee Kantor: [00:30:47] All right. This is Lee Kantor. We’ll see you next time on High velocity radio. And.

Tagged With: Kristin Zhivago, Zhivago Partners

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