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The Exit - Presented By Flippa

Pushing the Bounds of Sun Care and Business with Derek Jouppi

The Exit - Presented By Flippa

The Exit - Presented By Flippa

Technology

5.0420 Ratings

🗓️ 4 July 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

This week our host Steve McGarry sits down with Derek Jouppi, the Exited Co-Founder of the startup “Suncayr”. Where Derek and his team were able to develop a sunscreen that can tell you when it's time to re-apply. The startup came out of a group project in college where Derek and his group of close friends took the project to a full blown start-up and company. The two dive deep into what the conversation leading up to the exit was like, and what they are currently doing afterwards. Derek is currently focusing on special projects at Entrepreneur First in Toronto where they encourage and help support entrepreneurs while they build their idea and company. They select individuals that they recognize to have huge founder potential, from all walks of life, and bring them together to find their co-founders. Entrepreneur First creates the ideal environment for entrepreneurs to trial partnerships, and test ideas at a rapid pace. They cover your living costs while you do so, and give you access to a global network of founders, advisors and investors. - Website - Entrepreneur First Toronto - https://bit.ly/3OU84QB - Dereks’ Board Game Project - www.blackoot.com - LinkedIn - https://www.linkedin.com/in/derek-jouppi/ - 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

Click on a timestamp to play from that location

0:00.0

Hello, and welcome to the Exit presented by Flipup, the world's largest market place to buy and sell online businesses and startups.

0:06.5

The Exit is a 30 minute podcast that features amazing entrepreneurs who have been there and they have done it.

0:11.5

The Exit talks to operators who have bought and sold businesses of all different sizes, you'll learn how they did it, why they did it, and get exposure to the world of Exits.

0:19.0

It's a world occupied by a small few but accessible to many.

0:23.5

Now in this episode, I sit down with Derek Yopi.

0:26.0

He's a fantastic entrepreneur who exited a startup called SpotMyUV and he goes in depth with what type of details it took for them to basically double people's sunscreen application.

0:41.0

He goes through a lot of really cool details about the example of toothpaste where all the toothpaste manufacturers wanted to increase their sales.

0:49.0

They doubled the size of the whole at the end of the toothpaste tube, which is quite brilliant and their technology that they used at SpotMyUV really helped people not get sunburn.

1:02.0

It's such a fascinating problem. He goes in depth on all the different things that they did with their company, suncare, and just building a startup and ultimately going into being responsible for special projects and entrepreneur first.

1:16.0

This is a program where they literally pay people that are outstanding to quit their jobs and start the company.

1:24.0

Without further ado, let's sit down and have this awesome conversation about all the details of his Exit with Derek Yopi.

1:32.0

I wanted to give everybody a quick heads up that Flippa is hosting the Exit Meetups across the US, UK, Europe, and Asia.

1:40.0

You can connect with like-minded business owners and entrepreneurs and of course enjoy a drink on Flippa.

1:47.0

This couple of years back where I went to the Meetup in Austin, it was a ton of fun.

1:52.0

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.

2:02.0

So you can definitely learn more about all the Meetups in the link in the show notes.

2:08.0

And it's just Flippa.com slash the Exit Meetups. That's Flippa.com slash the Exit Meetups.

2:14.0

You guys are not going to want to miss out on this. So definitely check it out.

2:18.0

Alright everybody, today I am joined by Derek Yopi and he is working on special projects at Entrepreneur First.

2:37.0

What's going on today Derek?

2:39.0

Hey Steve, how are you doing?

2:41.0

I'm doing great.

...

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