251: How an Employee Strived for Ownership in his $20MM Tech Company... Lubo Smid of STRV

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.7 • 2K Ratings

🗓️ 27 February 2023

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

Lubo Smid is the Co-Founder and CEO of STRV. Lubo is a tech entrepreneur with a passion for cutting-edge technology and an adventurous lifestyle. He has co-founded STRV, a design and engineering company, that built products for prominent startups like Tinder, The Athletic or Citizen and well-established brands like Microsoft or Barry’s. This Episode is Sponsored By: Jon Ostenson, Founder of FranBridge Consulting and Top 1% US Franchise Consultant is here to help you explore the world of non-food franchising opportunities today. Jon and his team are part of the largest brokerage in the US and have vetted the market thoroughly. FranBridge is hands down the premier source of the best opportunities in the non-food franchising world. You can hear more of Jon’s story and how he started FranBridge Consulting on Episode 250 of our podcast. Sign up for a free consultation call with Jon today at millionaire-interviews.com/franbridgeconsulting and receive a FREE copy of his new book Non-Food Franchising. Zipfox.com makes it easy for US businesses to partner with factories in Mexico. You can find everything there – clothes, packaging, beauty products, building supplies, and a lot more, with new products being added every single day. All of the factories in Zipfox are verified with no shady middlemen that you can find on other manufacturer websites. If you want to ditch the trade war tariffs, pay 75% lower cost, and get your deliveries in 5 to 10 days, not weeks, try Zipfox.com. To learn more, just visit: millionaire-interviews.com/zipfox Alex in UK gets a lot of value from being a Patreon member. He also added that being a member is an eye-opener for him. Join and be a Patreon member today, sign up at: millionaire-interviews.com/patreon Andrew from Michigan says that Millionaire-Interviews is his favorite podcast, and he gets an insane amount of value from it. He also likes the idea that he is only paying $12 per month for being a part of this awesome community. Sign up for our Patreon membership by going to: millionaire-interviews.com/patreon 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: Lubo Smid. *** 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

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0:00.0	Can I ask you what your lucky numbers are?
0:04.5	I'm gonna pick 14, 24, 27, and 15.
0:08.5	Those are your lucky numbers. Do you know your chances of winning?
0:11.0	Slim to none.
0:12.5	Slim to none, you're right. Let me tell you it's one out of 292 million. What do you think about that?
0:18.0	I knew it. You knew your numbers are lucky, though, am I right?
0:22.0	I'm so lucky. Can I ask you if you won all the money? What would you do with it?
0:26.0	Bunch of hookers and cocaine.
0:28.0	That's not good. We were hoping for a different answer. That's probably not the answer that we're looking for.
0:34.0	All right.
0:40.0	There would be times that we would be running out of money and they would be scrambling
0:44.0	and we would not be getting paid and so on.
0:46.0	But that's kind of things that you need to figure out.
0:52.0	And I wanted to give it my everything. I also wanted to be somehow rewarded for that.
0:57.0	People just don't care what you have achieved elsewhere. People ask you,
1:02.0	what have you done for the US-based companies? What have you done for startups?
1:09.0	What have you done for startups in media industry, for example?
1:13.0	And they want you to be very precise, being positive and following your passion, I think that it is what creates the majority of success in the end.
1:25.0	BlueBosmith, 35 years of age and I am one of the co-founders and the CEO of STRE,
1:33.0	which is an engineering and design team that we have been building for over a decade now.
1:39.0	And where are you located?
1:41.0	I'm right now in Los Angeles, California.
	...

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