Matt Britton Is Changing The Face Of Consumer Intelligence For The Millennial Generation With Suzy
As a serial entrepreneur, Matt Britton has successfully acquired and sold many companies at the perfect time. He is most known for his important role in creating MRY (Mr. Youth) and Suzy.
Matt Britton, Found of Suzy
As a serial entrepreneur, Matt Britton has successfully acquired and sold many companies at the perfect time. He is most known for his important role in creating MRY (Mr. Youth) and Suzy. MRY is a digital and social media marketing agency that helps companies market to the youth, which is tomorrow’s future leaders. His latest venture, Suzy, is a consumer intelligence platform which helps bring the voice of real consumers directly to brands.
Now known as America’s leading expert on the Millennial Generation, Britton’s entrepreneurial spirit all started because of parties believe it or not. He ran 5 to 7 parties a week, and local businesses started to take notice. They would ask him to advertise their business during the parties, which led him to create his first business venue, Magma Group. This was just the beginning for Britton, listen to hear more of his great story:
- How Magma Group came about
- The meaning behind “Magma”
- Creating MRY, Mr. Youth
- How MRY got Microsoft as their customer
- How Suzy was developed
- His book, “Youth Nation”
- Being a serial entrepreneur
- Being an investor
Ambition Today Question of the Day™ :
“You have started several companies over the years, what is being a serial entrepreneur mean to you?.”
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“Ninety-nine percent of decisions made in business have no data behind it”
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Adam Tishman, Bringing Customization To Your Sleep
Do you have to be an expert on a product in order to become a successful entrepreneur? Let’s ask today's guest, Adam Tishman. He is a New Yorker through and through, growing up in Manhattan helped his independence from a young age before becoming the co-founder of Helix Sleep.
Adam Tishman, Co-Founder of Helix Sleep
Do you have to be an expert on a product in order to become a successful entrepreneur? Let’s ask today's guest, Adam Tishman. Tishman is a New Yorker through and through, growing up in Manhattan helped his independence from a young age. He received his Bachelors Degree at Princeton in History before he decided to pursue an MBA where he met his co-founders of Helix Sleep.
Tishman knew he wanted to be a successful entrepreneur one day, however, he never thought it would be in mattresses. Knowing that mattress buying was confusing, expensive and hard for a lot of consumers, Tishman and his co-founders knew there had to be a better way. Listen for more details on how they have developed an amazing product, and what lead to Tishman's success:
- Born and raised in NY
- Growing up with a metro card
- Obtaining a BA at Princeton
- Tishman’s early on careers
- Meeting his co-founders
- How Helix Sleep came about
- The research behind Helix
- How sleep is innovative and necessary
- The meaning behind the name “Helix”
Ambition Today Question of the Day™ :
As an entrepreneur: How important is sleep to you?
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“As you build your business, it is not just product at the end of the day, it is also the vision that you have and the story that you tell.”
Links from this episode:
Listen to this episode now:
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Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
Ambition Today Episode Sponsors:
Allen Saakyan's Simulation, Discussing The Future Of Humanity
We are proud to have Allen Saakyan on our show today. Not only do I get the pleasure of interviewing him, I had the privilege of being interviewed for his podcast, Simulation, as well!
Allen Saakyan, Simulation
We are proud to have Allen Saakyan on our show today. Not only do I get the pleasure of interviewing him, but I also had the privilege of being interviewed for his podcast, Simulation, as well! This episode will be a little different as we go back and forth asking questions for both of our podcasts, you won’t want to miss it!
Growing up, Allen knew he was destined to take a different path. He was always curious, which drove him to wonder why so many people always took the same path. His quest became to figure out how could he help people desire to take their own path? Fast forward, and now he is the successful founder of Simulation, a podcast that facilitates humanity’s most thought-provoking questions. He also is the host of World’s Fair, a festival with mind-blowing technology and futuristic talks. Listen in to hear more about:
- Allen's meaning of Simulation
- How people are working to make the world a better place
- Why mentorship is so crucial
- How Allen is working to bring back the iconic World’s Fair
- The need to talk about the future and why it is important
- What is the most beautiful thing in the world
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“Value is determined by a person's passion to change the world and make it a better place”
Links from this episode:
Listen to this episode now:
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Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
If you are already a member of the A-list then you can easily access your bonus content from right here!
Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
Ambition Today Episode Sponsors:
Wes Schaeffer, The Sales Whisperer On Truly Knowing Your Customer
A successful entrepreneur, speaker, and father of 7, Wes Schaeffer is the person you seek when you want to generate more sales. Wes Schaeffer is a marketing strategist and is known as The Sales Whisperer. He grew up in Houston, TX, served in the Air Force, graduated from A&M and became a successful salesman.
Wes Schaeffer, The Sales Whisperer
A successful entrepreneur, TED speaker, and father of seven, Wes Schaeffer is the person you seek when you want to generate more sales. Wes Schaeffer is a marketing strategist and is best known as The Sales Whisperer. He grew up in Houston, TX, served in the Air Force, graduated from A&M and became a successful salesman.
Although he had the income and personal life he wanted, he wasn’t happy with his job, which is when he became decided to become the Sales Whisperer. Wes's analogy of being a sales whisperer came to him after some inspiration from the dog whisperer. Some dogs have behavior issues but the reality is that their trainers don’t have the proper training to enable them to be successful pets. Just like how sales leaders come to him with lack of training and sometimes incorrect sales tactics, it is Wes’ job to help them learn a better and more efficient way. Listen to our podcast to hear more about Wes’ insights!
- Growing up in Houston and life in the U.S. Air Force
- Knowing when to switch gears
- The start of his career and transition to entrepreneurship
- Common sales leadership do's and do not's
- How he started The Sales Whisperer
- Breaking down Wes' Ted Talk
- Maintaining work-life balance with a big family
Ambition Today Question of the Day™ :
How do you maintain work-life balance to ensure you get time with your family?
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“If you have seven priorities, you have none.”
Links from this episode:
Listen to this episode now:
The A-List
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
If you are already a member of the A-list then you can easily access your bonus content from right here!
Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
You can find the full transcript of this episode here.
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Congratulating Founder Institute New York Sixteen
On May 8th, fourteen new companies graduated Founder Institute New York as the 16th cohort.
On May 8th, fourteen new companies graduated from Founder Institute New York as the 16th cohort. The companies represented several industries including telemedicine, augmented reality, fin-tech, blockchain, automated travel, mobile tattoos, real estate and more.
As always, I want to thank the New York Mentors and the Founder Institute team for all their work and time put into helping the founders of FI NY 16. I want to also thank the founders of FI NY 16 for being so great throughout the semester. The "Unicorn Herder" shirt they created for me is gold. It is included in the many pictures below! I am very excited to work with all of the founders as they continue to grow over the next several years.
Founder Institute New York 16
Alternative Learning - Alternative employee training for financial institutions.
Arella - Connecting precisions care experts and patients.
Augmented Review - Changing how industrial designers review a 3D mobile mockups.
After All - Share memories, stories, and lessons from a life well lived.
Egg Fund - Helping the 1 in 8 Americans with infertility afford their dream to have a family.
Meddy - Cloud-based, patient-owned health records platform.
Miramom - Connecting working professional parents with flexible jobs.
ModiPhit - Voice enabled personal training app.
Spot On - Ride hailing marketplace for pets and the people who love them.
Tatjack - Mobile marketplace connecting tattoo artists and customers.
Tenshey - Advancing gender diversity through executive coaching.
Transparentcity - Sharing apartment experiences with the community.
Urban Trips - Automated generation of customized travel agendas in the worlds best cities.
WILO - Send and receive video messages with digital cash gifts.
Gabe Zichermann's Onward Helps You Achieve Tech-Life Balance
Author, public speaker, and entrepreneur are just a few great titles for today’s guest, Gabe Zichermann. He is the CEO and Founder of Onward, a company that helps you achieve tech-life balance.
Gabe Zichermann, Gamification
Author, public speaker, and entrepreneur are just a few great titles for today’s guest, Gabe Zichermann. He is the CEO and Founder of Onward, a company that helps you achieve tech-life balance. Gabe is also known for his expertise on the topic of Gamification. Having written three books, “The Gamification Revolution”, “Gamification by Design” and “Game-Based Marketing”.
Gabe grew up in Toronto with his two parents that immigrated from Hungary and Romania. He had a passion for games from a young age of 8 when he got his first computer, a Commodore VIC-20, and programmed his first computer game. After college, his first big success was Trimedia, which he sold in 2005. From there Gabe helped define the field of Gamification. In this episode, we get to discuss Gabe's full background, both the ups and downs of life, including:
The power of games and their application to the rest of the world
What is "Gamification"
How to recognize when to change your life
Why it can be so important to take a step back
The importance of doing the self work as an entrepreneur
His success with building Trimedia
Growing his newest company Onward
The future of tech-life balance
Ambition Today Question of the Day™ :
“On the topic of tech life balance, how do you recommend people keep themselves in check?”
The Single Greatest Piece of Advice Gabe Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
“The most important thing is to understand who you are and what your strengths and weaknesses are, and be able to name it”
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
How to Create Products People Love
Building a product that people like is hard, and building a product that people love is even harder. Last week I recorded this webinar with two of our excellent Founder Institute New York mentors: Patrick Schoonveld and Alberto Escalarte!
Building a product that people like is hard, and building a product that people love is even harder. Last week I recorded the webinar above with two of our excellent Founder Institute New York mentors: Patrick Schoonveld and Alberto Escalarte!
Through the video both Patrick and Alberto discuss how to better understand, discover and interpret customer pain points. Along with how to use those insights to inform your product development. They also answered several questions from the audience by suggesting many tools, software, and tips to help you think about how you are building your product today. Click play on the video above to watch now.
Alberto Escarlate - CTO, Throwing Fruit
Alberto Escarlate is a mix of entrepreneur, product strategist, investor, designer and professor. Before joining Throwing Fruit he was the CEO of Paris-based startup FileChat and before that worked as a VC at the Collaborative Fund. Alberto co-founded Causely (f.k.a. Sojo), a company that provides joyful and accessible ways for people to join with others to do lasting social good. Throughout his career he has led a number of digital products for companies including AT&T, Delta, General Motors, IBM and Kraft Foods.
Patrick Schoonveld - Product Management Director, Criteo
Product management leader with over 15 years of experience across the full lifecycle of software product development. From assessing the market opportunity to launch and on to growth, his passion is building great software products and businesses.
Terry Young's Sparks & Honey Is Mapping Culture To Forecast The Future
From a small town in Western Kentucky to becoming an entrepreneur on Madison Ave, Terry Young joins us on this episode of Ambition Today. Terry is a successful advertising entrepreneur and the CEO of Sparks & Honey
Terry Young, CEO of Sparks & Honey
From a small town in Western Kentucky to becoming an entrepreneur on Madison Ave, Terry Young joins us on this episode of Ambition Today. Terry is a successful advertising entrepreneur and the CEO of Sparks & Honey, a company identifying and mapping emerging cultural waves through the use of machine learning systems, algorithms, and human insight.
After earning his Master’s Degree in advertising, Terry started working in the digital advertising industry in 1995, when digital marketing was just getting started. A short two years later, he was running the company. Terry got the opportunity to live in China and help start-up initiatives while working for McKinsey. He also lived in Kazakhstan while in the Peace Corp where he helped small business shops with their financing and starting their businesses. Terry brings a great perspective on culture and new trends. On this episode, we also discuss:
Growing up in a small town in Kentucky
The impact of joining the Peace Corp
Rebuilding the traditional advertising model
The intersection of being gay and an entrepreneur.
How Sparks & Honey maps culture
Why predicting the future matters
Defining micro signals and macro trends
What is happening in the space industry
Ambition Today Question of the Day™ :
“How do you best recommend that people in organizations ride the waves in a trend?”
The Single Greatest Piece of Advice Terry Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
“I say to every person who was here … that has left, you are also leaving your shape and your mold on the company, because it is a reflection on them too.”
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
Welcome The Newest Founder Institute Philadelphia Graduates
On March 1st, Founder Institute Philadelphia graduated seven new companies.
On March 1st, Founder Institute Philadelphia graduated seven new companies.
A massive thank you to all the Mentors and the whole Founder Institute Philly team for all their work to help the founders. I want to also thank the founders of Founder Institute Philadelphia for being so dedicated to their company's mission throughout the semester. Best of luck to all of the founders as they continue to build their company to achieve their vision.
Founder Institute Philadelphia
Consolibox - Safe keeping for all of life's important stuff.
Day One Solutions - Improving college student outcomes.
Deciding Vote - Match with candidates who care about the same things you do.
FundingFuel - Invest in pre-vetted franchises.
Murality - The world is your gallery.
On Your Slyvs - Wearable designs that inspire and empower.
SASTE - Technology to support organizations providing mentorship programming for women.
Anthony Pompliano Is Going Full Tilt To Invest In World-Class Blockchain And Crypto Asset Ventures
Anthony Pompliano is the Managing Partner at Full Tilt Capital, an early stage venture capital firm. Full Tilt Capital now focuses exclusively on investing in world-class companies in the blockchain and crypto asset space.
Anthony Pompliano, Managing Partner at Full Tilt Capital
Anthony Pompliano is the Managing Partner at Full Tilt Capital, an early stage venture capital firm. Full Tilt Capital focuses exclusively on investing in world-class companies in the blockchain and crypto asset space.
"Pomp" was raised in Raleigh, NC, and is one of the first south easterners that we have had on the Ambition Today podcast. He is the oldest brother of five and during his junior year of college, he was deployed to Iraq. During his deployment, he gained a unique perspective on life. His world traveling allowed him to learn about new cultures all around the world in order study human behavior. Once he returned from duty, he jumped into the world of Silicon Valley. He built two small technology businesses and worked for large tech companies like Facebook and Snapchat before starting Full Tilt Capital. Anthony brings us his knowledge, unique insight, and more on this episode of Ambition Today:
- Life lessons from being deployed to Iraq
- Building and selling his first technology business
- What it was like working for Facebook
- Full Tilt Capital's investment thesis
- How important a founders self-honesty is
- Why GPU will beat CPU's in the future
- The story of Standard American Mining
- Why Full Tilt is going all in on blockchain companies and crypto assets
- How to build a successful Angel List Syndicate
Ambition Today Question of the Day™ :
"How do you think about and manage your personal brand, and also find time to get your day to day operations work done and build Full Tilt?
The Single Greatest Piece of Advice Anthony Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
"You don't have to be honest with me. I want you to be, but you don't have to be. You have to be honest with yourself."
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
LIVE EVENT! Cryptocurrency, ICO, & Blockchain Law in 2018 with Joe Daniels of McCarter & English
This episode comes to you from the heart of New York City for our first live podcast episode discussing cryptocurrency, ICO, & blockchain law!
Joe Daniels, Co-Chair of McCarter & English Venture Capital & Emerging Growth Companies practice
This episode comes to you from the heart of New York City for our first live podcast episode discussing cryptocurrency, ICO, & blockchain law. In late January almost 100 founders gathered at the offices of McCarter & English for our January Founder Institute Meetup! The crypto founders there heard from Joe Daniels, who is the Co-Chair of the McCarter & English's Venture Capital & Emerging Growth Companies practice. Joe has worked on numerous SAFT & token offerings, including San Francisco based Quantstamp, which just raised $30 million in its pre-sale, along with Augmate, The Valorem Foundation, RealECoin, VIMarkets, CoinBoost, and RecylcleGO.
During this event, Joe reviewed the current cryptocurrency, blockchain, & initial coin offering laws in 2018. Learn the key things that you need to know about ICO's, the SEC, international business, SAFT agreements, and more. If you are interested in understanding the legalities around cryptocurrencies, tokens, and the blockchain, then you will definitely enjoy this episode. The slides that Joe is going over during his presentation are available below if you want to follow along. They are packed with information, such as:
What are Blockchain Tokens (Cryptocurrencies)
What is an ICO
How much has been raised in ICOs / SAFTs
How do SAFT agreements work
Regulatory Issues w/ ICOs
The SEC's response to the emergence of cryptocurrencies
Current Best Practices for cryptocurrencies
Follow Along With All The Slides From The Event:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
EO Global Chairman Brian Brault On Investing In Community And Yourself
Today we have the pleasure of speaking with Brian Brault; a successful entrepreneur that has been recognized twice in his career by Inc. 500 for building one of the fastest growing companies in America. Currently Brian is the Global Chairman of the Board at Entrepreneurs' Organization.
Brian Brault, Chairman of the Board at Entrepreneurs' Organization
Today we have the pleasure of speaking with Brian Brault; a successful entrepreneur that has been recognized twice in his career by the Inc. 500 for building one of the fastest growing companies in America. Currently Brian is the Global Chairman of the Board at Entrepreneurs' Organization.
He is also the founder of Advanced Facility Services and Pure Rooms which was deemed one of the best companies to work for in western New York and was awarded best entrepreneurial company in western New York.
A graduate of the University of Buffalo’s School of Business, Brian is very active on community boards. Being the Global Chairman for Entrepreneurs’ Organization Brian helps grow their network of 12,000 entrepreneurial members in 54 countries. He believes in surrounding yourself with strong people because your success is a product of the five people that you spend the most time with. Today Brian talks about:
What got him excited at a very young age to be an entrepreneur
How he build Advanced Facility Services & Pure Rooms
Why he supports Entrepreneur’s Organization globally
Do you need to be in a major market like NY to be successful?
His speech at the United Nations
The importance of community for founders
His 10/10/10 morning routine
Ambition Today Question of the Day™:
"What routines have you built in your life that contribute most to your success?"
The Single Greatest Piece of Advice Brian Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
“Everyone has a little bit of entrepreneurial spirit inside them it's just your tolerance for risk and how that is nurtured in your life will really determine how much you will pursue and build on that entrepreneurial spirit.”
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
Productivity Today: Managing Attention in the Digital Age
Want to be more productive? I’m excited to announce my new free online class with Skillshare & Todoist on better managing your attention in the digital age.
Want to be more productive? I’m excited to announce my new free online class with Skillshare & Todoist on better managing your attention in the digital age. In this class, I’ll share how you can increase your attention span, quiet your mind, and get more done. You can take the online class for free here.
In today’s world, everyone wants your attention. From app and website notifications to emails and calendar invites, it can be difficult to stay focused on the task at hand. In this class, I'll share how you can increase your attention span, quiet your mind, and get more done. You’ll learn how to:
Hone your ability to focus
Reduce daily distractions
Improve your prioritization process
Whether you’re freelance or full-time, everyone can benefit from learning how to better manage their attention. After taking this class, you’ll regain control over your own attention, allowing you to put your focus where you want it and be more productive every day. Learn to control your attention and take your productivity to new heights in this class.
How Peter Shankman Thinks "Faster Than Normal" And Built Help A Reporter Out (HARO)
On this episode of Ambition Today we explore Peter Shankman’s journey. Peter is the perfect example of what happens when you combine creativity with Attention Deficit Hyperactivity Disorder (ADHD). Peter shows us how ADHD can be a gift and a strong advantage in business. Many know him for founding Help A Reporter Out, (HARO).
Peter Shankman
On this episode of Ambition Today we explore Peter Shankman’s journey. Peter is the perfect example of what happens when you combine creativity with Attention Deficit Hyperactivity Disorder (ADHD). Peter shows us how ADHD can be a gift and a strong advantage in business. He is not only an entrepreneur, but an author and a notable public speaker. Many know him for founding Help A Reporter Out, (HARO). He is also the founder of ShankMinds Business Masterminds and he is the Host of the Faster Than Normal Podcast.
Peter was born and raised in Manhattan, and was a New York City public school kid. After graduating from Boston University and going to Graduate school in Santa Barbara, CA, he started his professional career launching AOL Digital Newsroom. Peter is most well known for founding Help A Reporter Out, also known as HARO, which is the worlds largest public group of journalistic sources. In this episode, we talk about how Peter’s ADHD had a great impact on his many successes:
- Growing up in New York City
- Launching AOL Digital Newsroom
- The importance of having incredible mentors like Steve Case
- What is happening to the media industry today
- How Peter built Help A Reporter Out, (HARO)
- Using ADHD as an advantage
- How to create life rules to optimize your time
- Importance of self-awareness
- Value of asking everyone "How Can I Help"
Ambition Today Question of the Day™:
"How do you think about attention management and how do you best optimize your life for it?"
The Single Greatest Piece of Advice Peter Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
"You have to put out 10 times the amount of help into the universe that you ask for."
Links from this episode:
- Faster Than Normal Book - Out Now!
- Faster Than Normal Podcast
- FasterThanNormal.com
- Help A Reporter Out, (HARO)
- Shankman.com
- Peter Shankman on Twitter
- Peter Shankman on Facebook
- WeWork
- Founder Institute
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
What Is Blockchain? What You Need To Know About Bitcoin, Ethereum, NFT’s, And Crypto
With Coinbase officially adding over 100,000 new accounts per day, I have started to get a lot more questions about Cryptocurrency and Bitcoin in general. My goal with this post is to provide people with a starting point to best get up to speed on the space, fast!
Old coins from the Roman Empire
It is a long journey down the rabbit hole of Cryptocurrency to truly understand everything that is going on within the blockchain space (and how it is affecting other industries). But it is not an impossible task, and you have to start somewhere. With Coinbase officially adding over 100,000 new accounts per day, I have started to get a lot more questions about Cryptocurrency and Bitcoin in general. My goal with this post is to provide people with a starting point to best get up to speed on the space, fast!
I first heard about Bitcoin in 2012 while writing daily Tech news for the Launch Ticker. I believe it was priced around $10, but I didn’t understand Bitcoin at the time, so I didn’t buy any. Then, in 2013, Bitcoin became what I would refer to as "Silicon Valley / Venture Capital" mainstream. Which in hindsight, I think we in the industry sometimes forget just how early to new ideas and industries we can be. Even still I did not buy any bitcoin. Even with everyone talking about something, it can be so easy to dismiss the things we don’t understand. And so, as Wayne Gretzky once famously said, "You miss 100% of the shots you don't take."
So two years later I took a deeper look at Bitcoin and I started to understand how it all works before buying some. I went down the rabbit hole; reading blog posts, sub-reddits, listening to podcasts, de-mystifying the blockchain, smart contracts, etc.
Which brings us to today. If 2016 and 2017 have taught us anything, it is that we are in a new era where awareness outpaces execution. In my opinion, social media and the connectivity of smartphones has no problem getting people talking about the hot topics of the day or week on the surface. But we are flooded with so much information that it has become harder to filter what is worth stopping, taking the time to learn more, and going deep on a subject.
And so today, my advice is to take some time to understand Cryptocurrency and it's surrounding technologies. Whether or not you are a believer in Bitcoin, Ethereum, or any other cryptocurrency, the technologies that have enabled this revolution, such as the blockchain, are almost certainly here to stay. I am going to lay out some information, which should help you gain a deeper understanding around the whole industry. I would recommend digesting them in the order I present them in, and remember to keep an open philosophical mind:
Understand Why We Have Money and How It Works Today:
Yuval Noah Harari, Author of the book Sapiens, explains how civilization came to have money over the course of evolution in this TED talk: "Why Humans Run The World". I recommend watching it all, but skip to 10:45 in the video if you want to fast forward to the money part.
This video on Money and Finance from John Green's youtube channel Crash Course is a super quick refresher on how our modern day monetary systems work. It even briefly mentions how Bitcoin has played a role as it has emerged over the past few years.
Bitcoin:
Watch Banking On Bitcoin on Netflix
Banking on Bitcoin is a 2017 documentary currently on Netflix. The first 20 minutes will give you a great overview on how Bitcoin ad the technology around it works. With the rest of the film covering the history of cryptocurrency, regulation of the industry, who is Satoshi Nakamoto, the dark web, and how people have used Bitcoin to date. It features interviews with enthusiasts and experts, this documentary covers Bitcoin's roots, its future and the technology that makes it tick.
Blockchain:
The Blockchain is actually explained somewhat simply during this TED talk by Lorne Lantz.
In this episode of the Tim Ferris Show "The Quiet Master of Cryptocurrency", he is joined by Naval Ravikant (who you will also see in Ethereum TechCrunch talk below with Vitalik Buterin) and Nick Szabo (who you might remember from the Banking On Bitcoin documentary above).
This episode goes much deeper into the world of cryptocurrency. You will learn about how the blockchain works, the history of smart contracts, what a Merkle Tree is, the importance of decentralization, and so much more!
In this video from Wired, Blockchain researcher Bettina Warburg explains the blockchain in every age from a child up through graduate school. It then ends with a great conversation with another Blockchain expert.
Lastly with regard to the blockchain, if you click the button below you can see a step by step visual demo of the blockchain in action. I highly recommend clicking through the demo to better understand how blockchains work.
Ethereum:
At age 19, Vitalik Buterin, created Ethereum in 2013. To think about it simply, Ethereum is similiar to Bitcoin but it also allows developers to deploy code and software programs on it's blockchain.
Ethereum is a decentralized platform that runs smart contracts; applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
Buying Bitcoin and Cryptocurrencies:
The easiest way to get started with cryptocurrencies is by creating an account on Coinbase.
After signing up you will be provided with your own digital wallet, which is stored in the cloud, on Coinbase’s servers. This is important to note because you are trusting a third party to protect your wallet. There are other digital wallet alternatives if you would prefer to not store your cryptocurrency on Coinbase, such as storing your wallet on your computers hard drive or on an external Zip drive. Whichever you choose, be sure to pick a wallet that is secure. Using Coinbase you can buy Bitcoin, Ethereum and Litecoin.
Important Note: Be sure to ALWAYS use two factor authentication. Do not use SMS based two step verification as your phone number can be stolen depending on your phone company. To understand why this is important and learn some more security tips to secure your digital wallet, I recommend reading Cody Brown's article "How to lose $8k worth of bitcoin in 15 minutes with Verizon and Coinbase.com".
If you are looking to get involved with more Crypto Assets & Currencies I am linking to some getting started guides below:
A Beginners Guide To:
Bitcoin Cash
Ethereum
Ethereum Tokens
Monero
Litecoin
0x
Tezos
Decred
Zcash
For more cryptocurrencies you can check out Coin Market Cap to see what else is out there. Clicking on a currency on Coin Market Cap will show you more information about it, including historical prices, as well as tell you the available exchanges you can buy from.
ICO's:
Be wary of Initial Coin Offerings of new tokens. Many new coins that are being created are simply not needed in my opinion. Especially if the same function or utility could be done using an already existing cryptocurrency.
If you do find a crypto currency you like, then you need to evaluate the whole project, just like you would if you were investing in an early stage startup. Make sure you research the amount of money being raised, what the token does, the valuation that the project actually works and is live, the team behind it, etc. Just how with early stage startups, only the top 5% of companies are worth investing in, the same is true of ICO’s. Most ICO's will likely fail. Fred Wilson, has a good blog post on how to carefully evaluate these new crypto assets.
White Papers:
White papers lay out the foundation for how a crypto asset works and what principles it relies upon. In the world of crypto, they are similar to the pitch decks that startups put together today or a traditional business plan, and they are typically shared with the public. To really get a good understanding of what they look like, I am including the original Bitcoin white paper wrote by Satoshi Nakamoto and the Ethereum white paper.
Hard Forks:
Forks happen when a blockchain splits in two, going forward from a certain date. The main cause of a hard fork is because of a new rule that gets created by a certain portion of the community. This can create another currency if the new network is stable enough to sustain itself after the fork. Being as both the old and the new currencies share the same ledger history, customers with balances of the original currency at the time of the fork now have an equal quantity of the new currency. You can read more about forks here and the few most successful forks to date are:
Bitcoin Cash - Forked from Bitcoin on August 1st, 2017.
Bitcoin Gold - Forked from Bitcoin on October 25th, 2017.
Ethereum Classic - Forked from Ethereum in 2016.
Regulation And Sustainability:
Being as regulation can be quite complex, I am going to simply link out to some additional reading materials in this section.
State Regulations:
China
Singapore
South Korea
Historical Incidents:
Mt. Gox: In 2014, 850,000 bitcoins, worth $450 million at the time, had disappeared or been stolen by hackers.
DOA: In June 2016 an anonymous hacker exploited a critical flaw and stole $31 million in Ether in a few minutes.
Energy Consumption:
High Energy Consumption:
Low Energy Consumption:
Wall Street
J.P. Morgan
Futures Contracts
The Future of Cryptocurrency:
I encourage you to clickthrough and view all of the slides Chris Burniske, Author of Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond, has put together. I have shared the first slide and my favorite slide below:
DISCLAIMER: These are just my personal thoughts and resources. I hope it helps you learn about the cryptocurrency industry so you can better make your own decisions. Be sure to do your own thorough diligence before making any financial decisions. Always invest responsibly.
Why Sean Ellis, Co-Author of Hacking Growth, Optimizes For Reputation And Learning
In 2010 Sean Ellis coined the term Growth Hacking and now he joins us on Ambition Today. Sean is the Co-author of Hacking Growth with Morgan Brown and currently the CEO of Growth Hackers.
Sean Ellis
In 2010 Sean Ellis coined the term Growth Hacking and now he joins us on Ambition Today. Sean is the Co-author of Hacking Growth with Morgan Brown and currently the CEO of Growth Hackers.
Sean has had quite an impressive career both as a marketer and as an entrepreneur. He was the first marketer at Dropbox, Lookout and Xobni and he has taken companies LogMeIn and Uproar from launch to IPO. Sean is also known for popularizing the term product/market fit. We cover some of Sean's best practices for growing your company, as well as how he thinks of Growth Hacking as it continues to grow into the future. The story of Sean's entrepreneurial journey unlocks numerous insights along the way, including:
- What is "Growth Hacking"
- The role of family entrepreneurship on Sean
- The value of spending time abroad
- Being the first marketer at Dropbox, Lookout, & Eventbrite
- How pushing through the fear of failure has lead to success
- Making the leap from employee to entrepreneur
- Optimizing for reputation and learning over money
- How business teams need to be thinking about Growth
- The value of having a chip on your shoulder
Ambition Today Question of the Day™:
"What excites you? What motivates you to keep going?"
The Single Greatest Piece of Advice Sean Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
"For me, the two big motivating factors were reputation and learning. I wanted to build a reputation because that would open the door to the best learning opportunities."
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
Celebrating Founder Institute New York Fifteen
On November 14th, nine new companies graduated Founder Institute as the 15th New York cohort.
On November 14th, nine new companies graduated Founder Institute as the 15th New York cohort. The companies represented several industries including space, mobile video, fin-tech, immigration, real estate, sports media, enterprise sales, and digital retail.
I want to thank the Mentors and the Founder Institute New York team for all their help and time put in to helping the founders of FI NY 15. I want to also thank the founders of FI NY 15 being so great throughout the summer semester. The custom shirts are pretty amazing as well, pictures below! I am very excited to work with all of the companies as they continue to grow and evolve.
Founder Institute New York 15
Diasppo - Helping internationals secure internships and job sponsorships.
Insider Rental - Increasing real estate building transparency.
Postadium - Enhancing the soccer fan experience.
Process Pure - Opportunity management software for B2B sales.
Ranked - Rating student culture at every college in the nation.
Rater Bee - Digital ratings for in-store retail associates.
Rose Galactic - Making CubeSat access to low earth orbit as accessible as possible.
String Flix - Effortlessly stringing mobile video clips together across the world.
Transfer Impact - Easily transferring cashless funds, directly to those who are unbanked and in need.
How Adeo Ressi Empowered 2,700+ People To Become Startup Founders
Over the summer we sat down with Adeo Ressi, the CEO of the Founder Institute, a startup accelerator program that operates in nearly 200 cities worldwide.
Adeo Ressi
Over the summer we sat down with Adeo Ressi, the CEO of the Founder Institute, a startup accelerator program that operates in nearly 200 cities worldwide. Throughout his time as a founder, Adeo has pioneered innovations in the protection of founder rights, the raising of early-stage capital and the scaling of new businesses.
Previous to the Founder Institute, Adeo has helped to create nearly $2 billion in shareholder value by founding or running nine businesses, including TheFunded, Game Trust, Xceed and Total New York. Adeo previously served on the Board of the X Prize Foundation to pursue his interests in space exploration and techniques to motivate human achievement. Throughout this episode it is clear that Adeo is passionate about mentoring Founders, space exploration, inspiring people to achieve their greatness, and more which includes:
The personality traits of the best founders
How The Funded improved transparency in the VC industry
The role fluid intelligence plays in entrepreneurs
How Adeo helped 2,700 plus founders grow through the Founder Institute
Managing your investors and protecting your equity
How to build startup ecosystems
Why maintaining focus and avoiding distractions is mission critical
How do you give meaning to your life's work
Ambition Today Question of the Day™:
"What is the end game? Where do you see Founder Institute and all your life’s work going?"
Quote Of The Episode:
"There are a lot of shiny things in the sand, that look very appealing to you and may be a cause for you to think about pivoting or adjusting the business model. I can tell you that most of the shiny things in the sand are not diamonds, they are knives waiting to kill you. You have to be very, very, very diligent to remain focused on your core mission"
Links from this episode:
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
Be sure to listen and subscribe to the show on your favorite podcast platform.
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, learn the single greatest piece of advice this guest has ever learned!
Why The Senate's Plan To Tax Employee Options At Vesting Is Bad For Startups
At this moment there are new Tax Reform plans proposed in both the House of Representatives and the Senate. The current proposal in the Senate plans to tax employee stock options at the moment of vesting, instead of when they are exercised, as is currently done.
Startups are the envy of the world for how innovative and fast moving they can be. However, they often lack the amount of cash in the bank required to pay employees a salary that is competitive with the top tech companies such as Google, Facebook, Amazon, etc. To compensate for this, they give their employees an equity ownership in the company. Typically that equity vests monthly or quarterly over the span of four years. Here is a quick primer for anyone that wants to get brought up to speed on how "Startup Equity & Vesting" works.
When an employee is given stock options, those options are illiquid. Meaning they can not be sold or transferred for money until the company has a liquidable event (e.g., an exit such as an acquisition or going public). So when employees receive options they usually have to wait years before being able to turn them into cash.
At this moment there are new Tax Reform plans proposed in both the House of Representatives and the Senate. The current proposal in the Senate plans to tax employee stock options at the moment of vesting, instead of when they are exercised, as is currently done. The House of Representatives has already removed this provision from their proposal.
What is the tangible effect? If passed, startup employees would be forced to pay taxes on these equity options, regardless of any realization of actual value.
As Fred Wilson said, "Taxing equity compensation upon vesting makes no sense. If this provision becomes law, startup and growth tech companies will not be able to offer equity compensation to their employees. We will see equity compensation replaced with cash compensation and the ability to share in the wealth creation at your employer will be taken away."
Passing this law will make it extremely difficult for startups to compete with bigger corporations for high-quality talent. I am personally signing on to a letter addressed to Sen. Orrin Hatch, Chair of the Senate Finance Committee, to oppose the proposed new plan and ask that Section III(H)(1) be removed from the Senate bill. If you would like to speak up as well (with your local representative), you can find your senators here and your representative here, along with the phone number to their office.
How To Send Your Monthly Investor Updates
The single most powerful tool we have as humans is the ability to communicate. So it makes sense that this is one of the skillsets that all great founders need to master.
The single most powerful tool we have as humans is the ability to communicate. So it makes sense that this is one of the skillsets that all great founders need to master. Sending monthly investor updates is one of the best ways for a founder to maintain their existing connections and strengthen their new ones.
Long-term relationships are built with friends, family, and colleagues by staying close and in touch over long periods of time. It is so important that you still keep in contact with the people you want to stay close too, even when you think you don't have value to add or need something in the exact moment. One of Founder Institute New York’s mentors, Matt Rodak talked about the importance of sending monthly updates while building his startup company, Fund That Flip on an Ambition Today episode recently.
Benefits of Sending Investor Updates Frequently:
While this may seem overly simple at first glance, I assure you that many people take basic communication for granted and avoid the little bit of work it involves each month. For those that do send monthly updates, there are several non-obvious benefits aside from your company's business updates.
Being Top Of Mind:
Even if you don't get a response, it keeps you on top of people's mind. That next meeting your investor has, they might bring you up while you are fresh on their mind.
Creating Stronger Relationships:
Mark Suster has famously been quoted as saying people "Invest in Lines, Not Dots". Keeping in touch is how you build a long-term and enduring relationship. It's been that way since the caveman days and hasn't changed. It's human psychology.
Assuring Company & Personal Health:
Most of the time that investors don't hear from a founder they assume their startup company is dead or well on its way. Or worse, they just forget about you entirely. You just fade away from their memories, replaced by fresher memories of other startup founders. Before the internet, this was a given. In the world of social media though, we take this for granted as many feel that "online presence" is enough. I assure you, that unless you are Mark Cuban, it is not.
Gaining Insights & Reflection:
The process is insightful. Taking a moment to send someone an update on your life or business forces you to take a moment and reflect on the progress you have made in the last 30 days. In our busy lives, it is critical to make that time. As an additional bonus, you will be more productive and make better-informed decisions in the coming month as well.
Formatting:
So what should you include in your startup’s investor updates? You can find plenty of investor update examples and how-to articles that already exist when you google “Monthly Investor Updates." I am going to include links to many of my personal favorites below! There are many different styles of monthly investor updates, but most involve the same essentials.
Dear Kevin,
I hope you had an excellent August! For us it has been a mixed month, but we’re happy to report these developments.
Cash: Money in Bank and Monthly Expenses
Highlights:
KPIs:
Customers Update
Useful Graph, Image, or Screenshot
Employees/Team Changes
The Good:
The Bad:
Asks
Thank You's
Thank you,
Kyle
CEO, ACME Corporation
Monthly Investor Update Templates & Examples:
There are so many great investor update examples and investor update templates from some really amazing investors and founders: I collected some of the best investor update templates below for you:
A “Fill-In-The-Blank” Investor Update Template for Busy Founders - Micah Rosenbloom
13 Investor Update Emails That Turned Our Dots Into A Line - Reza Khadjavi
The Why and How Of Updating Your Angel Investors - Dharmesh Shah
What Should I Include In My Monthly Investment Update? - Jason Calacanis
So at the end of this month take even just one hour to send a monthly update. You should keep your update short and to the point. Think about what you have accomplished in the last month and what you need help achieving in the next month. Think about the people in your life that mentor and guide you. Hopefully, you already have them on a mailing list. And then send your update. You will be AMAZED at the compounding effects you will receive from putting monthly updates out there!