EP 455: Exited in 2013, Now Moving From "Job" To Startup CEO Again. How? with Ariel Camus

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 22 October 2016

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ariel Camus, a product builder, 500 startups alumni and the CEO and Founder of TouristEye, acquired by Lonely Planet in 2013. Today, Ariel is building a new education system called HackerPath that utilizes collaboration between peers and bots.

Famous Five:

Favorite Book? – Founders at Work
What CEO do you follow? –

Favorite online tool? — Google Apps
Do you get 8 hours of sleep?— No
If you could let your 20 year old self know one thing, what would it be? – “Relax, you’re doing well. Have more fun”

Time Stamped Show Notes:

01:12 – Nathan introduces Ariel to the show
01:35 – TouristEye is Ariel’s first company and exited it in 2013
01:45 – TouristEye is a travel guide for mobile devices with all information offline
- 02:03 – Revenue is from referral fees and premium features in application
- 02:24 – Raised funding for TouristEye
- 02:55 – Acquisition price of Lonely Planet
- 03:18 – Why did you sell TouristEye?
04:50 – Ariel was 26 when he sold TouristEye
05:00 – Ariel joined Lonely Planet after selling TouristEye
06:00 – Ariel is starting a new project related to teaching
- 06:30 – Building a new platform online
- 06:46 – The project is called HackerPath
- 07:04 – Still in the process of building the database
- 07:18 – Goal is to make it open to everyone
- 07:37 – Recruiters are charging companies a 20% fee
- 07:53 – Currently pre-revenue
08:20 – No retainers for TouristEye
09:00 – “Do something you really love. Don’t waste time and just do it”
09:24 – Ariel and his friends talk about ideas and how to make to make it happen
10:00 – What salary would be giving up should you decide to quit completely?
- 10:12 – A 6-digit salary
10:35 – “I can start a new business and pay developers to help me”
11:04 – Most of the money that were spent so far was for an experiment that was launched last week called Coderoulette
- 11:25 – Did it to validate the interest
- 11:33 – Did well on the launched
- 11:45 – Used existing technologies
12:00 – Put in $ 10-15,000 for the project
12:19 – Connect with Ariel through Twitter
13:30 – The Famous Five

3 Key Points:

Do something you really love. Don’t waste time and just do it.
Selling a business is a crucial choice – make sure you won’t regret it.
Relax and have more fun.

Resources Mentioned:

Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to quality of Toptal developers.
Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Freshbooks – The site Nathan uses to manage his invoices and accounts.
Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
Assistant.to – The site Nathan uses to book meetings with one email.
@arielcamus - Ariel’s Twitter handle
Show Notes provided by Mallard Creatives

Transcript

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0:00.0	This is the top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base.
0:09.0	You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have.
0:16.0	I'm now at $20,000 per talk.
0:18.0	Five and six million.
0:19.0	He is hell-bent on global domination. We just broke our 100,000 unit sold mark Five and six million. He is hell bent on global domination.
0:21.2	We just broke our 100,000 unit sole mark.
0:23.9	And I'm your host, Nathan Latka.
0:27.7	Okay, TopTrib, every Monday I give one of you $100 to invest in an idea and to get to the top.
0:33.8	To enter, subscribe to the podcast on iTunes now, and then text the word, Nathan, to 3344 to prove that you subscribed.
0:41.9	Last week's winner was Dr. Paul Vasquez, Dr. Paul Vasquez, with My Ads Nation.
0:51.2	And he currently is working a full-time job and is dying to get out.
0:56.1	Nathan Latka here. Coming up tomorrow morning, you'll learn from Ari Mirza. They did 700 grand
1:01.2	last year via his agency and he is now entering the group coaching space. But why? Coaching
1:06.9	stinks. Top tribe. Good morning. Nathan Lakia here. Our guest is Ariel Kumis. He is a product builder, 500 startups alumni, and former tourist eye CEO and co-founder, which was recently acquired by Lonely Planet. He's currently building a new education system based on collaboration between peers and bots. Arell, are you ready to take us to the top?
1:28.3	Hey, how are you?
1:29.3	I am doing good, man.
1:30.6	Okay, what year did you exit Torres Stai?
1:33.7	I assume that was your first business?
1:35.5	Yeah, that was my first company.
1:37.7	It got acquired in 2013.
1:40.0	Okay, 2013.
1:40.9	And what was the, just describe us real quick.
	...

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