Making an Impact from Personal Experience with Ryan Frankel

The Exit - Presented By Flippa

Technology

5.0 • 420 Ratings

🗓️ 18 July 2022

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week our host Steve McGarry sits down with Ryan Frankel. Ryan is the exited founder of “Verbalize It”, and the Current Founder and CEO of “This App Saves Lives”. Ryan talks about his experience getting sick while traveling and how being unable to communicate with the medical personnel there led him to the idea of developing the translation app, Verbalize It. The two also sit down and discuss some of the details and the steps that Ryan took before the company was purchased by Smartling in 2016. Steve asks Ryan about the right time to sell a business, and Ryan talks about where he is at today with his current company. Ryans’ current company, This App Saves Lives, focuses on putting a serious dent in distracted driving by rewarding individuals who choose not to use their phones while driving. Drivers are rewarded by major brands with incentives while driving undistracted. “This App Saves Lives” is a mobile application that was founded after Ryan was severely injured while cycling and being struck by a distracted driver. LinkedIn - https://www.linkedin.com/in/ryanvfrankel/ Twitter - @Rvfrankel - https://twitter.com/rvfrankel Website - https://www.thisappsaveslives.com/ About Me - https://about.me/ryanfrankel The Exit Meetups - https://flippa.com/the-exit-meetups/ -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Transcript

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0:00.0	Hello, and welcome to the Exit presented by Flippa.
0:02.9	This is the world's largest marketplace to buy and sell online businesses and startups.
0:07.2	The Exit is a 30-minute podcast featuring amazing entrepreneurs who have been there and they have done it.
0:12.2	The Exit talks to operators who have bought and sold businesses of all different sizes.
0:16.4	You learned how they did it, why they did it, and get exposure to the world of Exits.
0:20.4	The world occupied it by a small few, but accessible to many.
0:24.4	Now, in this special episode, I sit down with Ryan Frankl.
0:27.7	He's an awesome entrepreneur that is currently the founder and CEO of this app saves lives.
0:34.5	We go through his Exit of verbalize it, which was a really cool translator application where you could...
0:41.8	If you were in a pension of foreign country, he describes getting food poisoning in China.
0:46.3	He couldn't communicate with the actual people prescribing medication there, and he couldn't get a translator.
0:54.2	He developed this service where he called in and you could effectively talk to a translator
1:00.0	who would then help you through an issue that you're having abroad or just in general have a translator in your pocket.
1:07.0	That was a really cool company that was acquired by SmartLink in 2016.
1:12.5	We go through some of the nitty gritty details there leading all the way through to his current company, This App Saves Lives.
1:19.6	Without further ado, let's sit down and chat here on the Exit with Ryan Frankl.
1:24.4	I wanted to give everybody a quick heads up that Flippa is hosting the Exit Meetups across the US, UK, Europe, and Asia.
1:31.9	You can connect with like-minded business owners and entrepreneurs and, of course, enjoy a drink on Flippa.
1:38.9	I did this a couple of years back where I went to the Meetup in Austin. It was a ton of fun.
1:44.5	I learned so much from some entrepreneurs there that were buying businesses at scale, and I spoke briefly about the Exit there, and it was so much fun.
1:54.3	You can definitely learn more about all the Meetups in the link in the show notes, and it's just Flippa.com slash the Exit Meetups.
2:03.8	That's Flippa.com slash the Exit Meetups. You guys are not going to want to miss out on this, so definitely check it out.
	...

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