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Entrepreneur Stories 4⃣ Inspiration

224: How a 12-Year-Old took his Dad‘s Dreams... to the Cloud | Phil Ogilby of STACK Construction Software

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.72K Ratings

🗓️ 8 November 2021

⏱️ 73 minutes

🧾️ Download transcript

Summary

Phil Ogilby is the CEO of STACK Construction Technologies. In 1984, Phil started his first construction contracting company in Dayton, OH doing residential and later commercial work. He witnessed firsthand the challenges of managing people, equipment, materials, and especially an ever-changing bid schedule. In 1995, Phil's 14-year-old son, Justin Ogilby, wrote the code for Buildware Pro estimating software, making it easy to measure plans using a digitizer or measure on screen using a computer mouse. After a few years, Phil developed Private Construction Office, an online portal where general contractors could share plans and specs with their contractors using the internet. This Episode is Sponsored By: LinkedIn Jobs has made it easier to get candidates worth interviewing faster, and it’s free. Create a free job post in minutes with LinkedIn Jobs to reach your network and beyond to the world’s largest professional network of over 750 million people. Focus on candidates with skill and experience you need. Post your job for free at: millionaire-interviews.com/linkedin-jobs When it comes to your next business read, you have options. You could pick up that trendy, buzzworthy business book or you could learn the timeless, buzzword free, lessons of a straightforward modern classic. I’m talking about Good Profit by Charles Cook, a CEO with real world track record of decade upon decade of actual exponential business growth. If you want the lessons from someone who has actually done it? Start by visiting: millionaire-interviews.com/goodprofitbook Laika goes beyond integration, their platform connects you to everyday applications and applies actual human expertise to a robust software that powers your compliance. Laika easily connects to your application and instantly creates tailor policies based on your business. Laika is the only compliance platform that offers a true integrated audit solution, no more messy spreadsheets and miscellaneous audit documents. Listeners can get 20% off when you join, just go to: millionaire-interviews.com/laika What if you could test out your product ideas with target consumers whenever you want before you put all the time and money into development? That’s what startups and fortune 500 companies do with Feedback Loop. Get quality feedback from their target customers early and often. Feedback Loop is the test before you invent a product research platform. If you go to: millionaire-interviews.com/feedbackloop you’ll get 3 full test for FREE. Small business owners know the digital marketing world is constantly evolving, every change means spending time finding and keeping track of vendors for different projects. That’s why you need Anthem Software to be your dedicated partner. Anthem Software provides a whole suite of services – Business Management Software, Digital Marketing, and Consulting, all designed to help your small business grow and thrive against the competition. To learn more about Anthem Software, visit: millionaire-interviews.com/anthemsoftware Want to Support the Show? Well we'd love for you to join our Patreon Group! What's in it for you? Well you'll instantly get a scheduled call from Austin, where he'll help you with your current or future business... Sign-Up Now at millionaire-interviews.com/patreon. 😀😎😍 *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode visit our website: Phil Ogilby. *** Support this Podcast via Patreon Feedback? Questions? Comments? We would love to hear from you! Hollar at us via: Facebook Group (@MiPViPs), or Twitter (@acpeek or @millionairepod), Instagram (@millionaire_interviews), LinkedIn (@austincpeek), Facebook (@millionaireinterviews), or Email: [email protected]. 😎😍😀

Transcript

Click on a timestamp to play from that location

0:00.0

Two weeks ago, we were on the phone with a company that wanted to buy us and they offered

0:05.1

us $100 million for the business and I said no.

0:08.0

That's a powerful thing to be able to say and I think you said your audience is entrepreneur

0:11.7

so I'm sure many, if not all of them, hope to work to get in a position where they'd

0:16.1

be able to say something like that.

0:17.4

But I wanted to start with that little simple fact and maybe kind of reinforce why you should

0:21.7

pay attention to this little story.

0:24.1

If you have any of those in your town and you're in the technology business, I'd urge you

0:26.9

to seek them out.

0:27.9

It may help me raise a million dollars within a few days.

0:30.2

It was really easy.

0:34.3

I was a root for with a high school degree in Cincinnati and I didn't fit the mold.

0:38.4

Why not me?

0:39.4

Why not us?

0:40.4

Why not our family?

0:41.4

And then I just was determined to make it happen.

0:43.5

If you're a budding entrepreneur out there, take my advice.

0:46.8

That's probably the most important thing you can do is...

0:51.4

I said fuck you guys.

0:54.7

That's what I said.

0:55.7

So let me tell you what happened next.

0:58.6

I have believed my entire life that tomorrow can and will be better than today.

...

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