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Entrepreneur Stories 4⃣ Inspiration
Millionaire Interviews Podcast & Sir Austin Peek
4.7 • 2K Ratings
🗓️ 1 January 2021
⏱️ 41 minutes
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Summary
Transcript
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| 0:00.0 | You know what? Screw it. If I don't do something with this, if I don't just get started |
| 0:19.9 | and figure this thing out, I'm never going to do anything that I said my mind to. |
| 0:26.5 | I'd make some piece of advice. Figure it out, just make it happen as Nike would say, just do it. |
| 0:45.8 | So what do you do today and what's your general background? |
| 0:49.0 | Yeah, you know, I started my career in advertising. That's really what I wanted to be. When I grew up, |
| 0:54.8 | so to speak, it was an ad guy that sort of evolved over the years, but it's always kind of stuck |
| 1:00.5 | in the back of my mind and really is kind of directed to the path of my career in terms of marketing. |
| 1:06.8 | I think early on, I decided that in order to get sales, it's a lot easier when people come to you |
| 1:12.2 | versus when you're trying to convince them. So marketing was always a natural thing for me. It's like, |
| 1:17.6 | I like it better when people come and not on my door at Perth Advice Versa. And so that's kind of what |
| 1:22.7 | led me in the direction of like Lee Jen, growth, you know, those some of those things. You know, |
| 1:27.7 | about six years ago, I had an idea for a company called WooHooly. And essentially what it was is |
| 1:34.3 | an equity exchange. So in exchange for the influence that you bring to the table, a startup would |
| 1:39.7 | give you a small percentage of equity in exchange for how impactful you are towards their brand. |
| 1:45.8 | And so that was really kind of my first start into tech based startups. Kind of wish I would have |
| 1:52.7 | started sooner because I got hooked ever since then. WooHooly ended up last, you know, the two |
| 1:58.1 | years or so raised, you know, with decent amount of money, a seed round went into an accelerator, |
| 2:03.6 | called AngelPad out of San Francisco. And ultimately that shut down. About a year later, |
| 2:10.2 | I was able to salvage some of that emergent with a company called Loot, which is a sort of an |
| 2:15.6 | incentive based app for influencers. Those very similar in this space, except there wasn't any |
| 2:22.0 | equity involved as compensation. That was in San Francisco. I mean, where are you at today and |
| 2:27.0 | how did you get over there? Yeah, that was interesting. So I'm based in Minnesota. So when we started |
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