Ep. 602: Mike Salguero Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 30 October 2017

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Mike Salguero, a serial entrepreneur. His newest venture is Butcher Box – delivering meat from the farm straight to your door. He got his start in the business space selling t-shirts in high school and continued making t-shirts throughout college. He credits his t-shirt businesses to teaching him how to market and grow a brand from the ground up. Mike’s first large scale business was a company that helped carpenters market and sell their custom furniture. The company was called CustomMade. Mike and his business partner bought the URL for $150,000, revamped the website, raised $30 million of venture capital and at it’s peak employed 60 people. By the time Mike left the company they were down to 6 employees. His partner stayed with it and has turned the company around, but most investors lost everything. He learned a lot from CustomMade – the paramount lesson being how to market a product.

The topic is entrepreneur.

In this episode of Trend Following Radio we discuss:

Benefits of eating grass fed meat
Marketing a product
Commodity meat vs. grass fed
Raising capital (or the importance of not raising capital)
Entrepreneurism
Starting a business

Jump in!

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

Click on a timestamp to play from that location

0:00.0	This is Trend Following Radio, where great thinking comes alive.
0:10.9	Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.
0:21.2	I am your host, Michael Coval.
0:24.0	Not filtered, raw, honest.
0:27.4	That's my passion.
0:33.1	Before I jump into my guest today, a quick reminder, a quick request.
0:39.2	Support this podcast.
0:41.0	Support your friendly neighborhood podcast host, me to continue on this quest.
0:49.9	How can you support this podcast a couple different ways?
0:54.0	Go to iTunes and write a review.
0:55.6	It does not require you to buy a damn thing.
0:59.1	Go to iTunes.
1:00.4	I think you can go there on a quick forward.
1:03.7	My Last Name.com forward slash iTunes.
1:07.4	C-O-V-E-L-1-L-C-O-V-E-L.com forward slash iTunes will take you right to a place where you can offer a kind review.
1:18.3	Or, and I'm used to this, if you are a certified nutbag, you're welcome to say something too.
1:25.2	I actually enjoy reading insanely nutso stuff.
1:31.9	I don't know. It gives me a smile sometimes.
1:35.3	Go write a review. Offer some wisdom on iTunes.
1:40.6	And for those of you that have not yet seen my newest edition of trend following, all 600 plus pages by the hardcover.
1:48.6	Or for those of you that love audiobooks, you can go to the 34-hour audiobook version of trend following.
1:53.4	But the hardcover of trend following is my most impressive looking book that I've ever done when you hold it in your hands. You put it on the
	...

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