4.6 • 6.4K Ratings
🗓️ 22 August 2023
⏱️ 53 minutes
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0:00.0 | Hey, this is Tray, thank you for joining us for another Tuesday edition of our podcast. |
0:24.8 | Whether it's happening more or we're just hearing about it more, I don't know, I'll have to leave that to brighter minds, but natural disasters and emergencies and floods and wildfires and famine that they've been in the news a lot lately, so how can a country or a community or even a family or a person prepare for a natural disaster or really any other kind of disaster? |
0:53.8 | Now, what can we learn from the disasters of the past and our response there too? |
0:58.8 | For all that, we're going to need an expert, which is what Dale Buckner is, he had a distinguished career in uniform and now is the CEO of Global Guardian, which provides security services, which I actually need when I travel, but I usually need it with respect to my travel companions, not from anyone like in the country just from the people I'm traveling with, but I want to ask him about that. |
1:22.8 | Because it sounds exciting and exotic and emergency response, this is other area of expertise and he does that in more than 100 countries. |
1:32.8 | So Dale, with that, I'm sure I have given short shrift to your background, I know I have and what you do now. |
1:39.8 | So my first question is, tell us about yourself and what you do now. |
1:43.8 | So coming out of government after 24 years, you can go into the defense industry and stay in that world, you'd be a contractor, you can go back to school, those are pretty typical paths. |
1:55.8 | I want to do something completely different out of government that had nothing to do with my past and what I did in the military. |
2:02.8 | And I started a firm called Global Guardian 11 years ago. |
2:06.8 | And what we found was when you think about what's going on in the insurance markets, if you read the fine print of insurance policies, they do not cover terrorism, they do not cover war zones, they do not cover natural disasters. |
2:24.8 | So there's this immediate gap. And then if you're a corporate or a family office and you end up having just a series of vendors, right, you have a vendor for aviation vendor for intelligence, a vendor for kidnap and ransom, a vendor for car and driver, a vendor, a vendor, a vendor and none of them are coordinated. |
2:43.8 | And what you realize also is those vendors typically have the exact same restrictions that I just describe with insurance, they will not address a war zone, a terrorist attack or a natural disaster until it's quote unquote stable. |
2:59.8 | So what you end up with, if you're a large corporate headquarters, is you end up with this layer, you have insurance over everything and then 10 to 15 different vendors. |
3:10.8 | And if you're a family, this is almost a pickup game of the same model, ultimately what you end up with is a platform that does not operate in real time. |
3:21.8 | It's not going to come get you in the Maui fires. It's not going to come get you out of city center Paris when the terrorist attack. |
3:29.8 | It's not going to get you out of the Ukraine when the Russians invade into Ukraine. And it's not going to cover those costs in most cases. |
3:38.8 | So that gap in the market is what drove the development of the global guardian minute business model, where I do want to I want to run towards the terrorist attack. |
3:48.8 | I want to run towards the natural disaster. I want to run towards the war zone contractually. |
3:54.8 | And then operationally I want people in in around the world is you described in over a hundred countries that speak the language, understand the culture and can operate in that environment seamlessly. |
4:06.8 | That's what's driven what I do today. |
4:09.8 | And it's grown exponentially. We grow 41 to 100% year in and year out. I'll grow 58% this year. |
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