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Entrepreneur Stories 4⃣ Inspiration

273: Publishing to EdTech: The Unlikely Road to Evolution Labs with Founder Peter Kraft

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.72K Ratings

🗓️ 5 May 2025

⏱️ 87 minutes

🧾️ Download transcript

Summary

Peter Kraft is the Founder and President of Evolution Labs. Prior to founding Evolution Labs, Kraft was instrumental in forming and re-envisioning two educational software companies that led the industry in recruitment, enrollment and retention of college students. He co-founded GoalQuest in 2000 and served as its CEO until 2007 when he spearheaded the company’s acquisition by EducationDynamics. Kraft served as President of the enrollment and retention division of EducationDynamics from 2007 to 2009.     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. 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. Franbridge Consulting offers five more non-food franchise opportunities in 2024 that you can explore. 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.   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: Millionaire Interviews. ***

Transcript

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0:00.0

This program contains strong language.

0:10.5

And so we had expenses that were now part of our life that we couldn't easily get out of.

0:17.5

We were burning through cash.

0:19.4

You couldn't sell your kids?

0:20.5

We tried, believe me.

0:23.1

And it was awful.

0:29.0

And how we kept going, while that dark cloud was over our lives for years is a sheer miracle.

0:36.9

And I think probably the biggest key to our success is

0:40.3

people have always thought it was weird or stupid or silly but fuck them here's how crazy

0:49.3

we were we would go to sleep at 6 p.m. and we would set our alarms for midnight and we would wake up and we

0:54.9

would drive through the night, arrive at a school at 8 a.m. in a meeting in Ohio or wherever it was,

1:00.2

and we would pull into a McDonald's parking lot, wash up, put our suits on and walk into that meeting like we own them.

1:07.9

My name is Peter Kraft. Believe it or not, in fact, I don't think I can believe it. I'm 53 years old,

1:14.2

although I really act like a 19 year old. And I'm based in New Jersey. I live in Frenchtown, New Jersey.

1:20.5

Our offices in Morristown, New Jersey, but I'm a New Yorker through and through. And our current

1:26.1

business is called Evolution Labs.

1:28.3

And super excited to take you on our journey and how we got to this point.

1:33.4

Well, why do you tell us a little bit about Evolution Lab first?

1:35.8

Sure.

1:36.3

Evolution Labs is a education technology company.

1:40.5

We work in K-12 with schools and districts around the country and also in higher ed. And our

1:46.4

core products in K-12 are web and mobile programs around what's called social and emotional

...

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