Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183
SaaS Interviews with CEOs, Startups, Founders
Nathan Latka
4.6 • 701 Ratings
🗓️ 4 March 2016
⏱️ 18 minutes
🧾️ Download transcript
Summary
Ep 183 Jules Hill, the analytics manager of the startup Windsor Circle . Listen as Nathan and Jules talk about the latter’s previous experiences as the COO of Cellbreaker.
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Bio
Jules Hill was born in England, grew up in Mexico, and went to the U.S. for college. After graduating early from Kenan-Flagler business school he dedicated two years to the venture backed startup CellBreaker as COO.
Time Stamped Show Notes:
- 01:00 – Nathan’s introduction to today’s show
- 01:34 – Jules joins the show.
- 01:51 – CellBreaker had raised about 50K when Jules joined it full time.
- 02:38 – When he started, he got equity and pay, but it wasn’t much.
- 03:47 – He was paid 20K a year at the startup when he first started and he’d just bought a house.
- 05:02 – One of the milestones CellBreaker reached was getting accepted to the 500 startups programs in California which granted the business 100K.
- 06:19 – Jules gets paid as a reserve in the marine corp., rents out a room in his house, and does freelance jobs occasionally to make ends meet where he can.
- 07:00 – Nathan and Jules breaks down the money he’s made through each means.
- 08:31 – Jules left CellBreaker when the startup didn’t meet the milestones he thought they would. However, it was a valuable learning experience.
- 09:48 – Jules talks about the legal ramifications that slowed down CellBreaker’s progress.
- 10:55 – Jules possesses 1% equity in CellBreaker.
- 11:45 – Currently Jules works at a new startup called Windsor Circle. It helps retailers increase their customer lifetime value and customer retention.
- 12:23 – Jules is the analytics manager at the new startup.
- 13:25 – Jules is making significantly more than 20K
- 15:26 – Famous Five
Famous 5
- Favorite Book?- The Visual Display of Quantitative Information by Tufte
- What CEO do you follow?— Elon Musk
- What is your favorite online tool?— Google’s Ngram viewer
- Do you get 8 hours of sleep?— No
- If you could let your 20 year old self know one thing, what would it be?— You’re always going to be able to make it work. Don’t be afraid to take risks. Ask yourself ‘what’s the worst that could happen?’
3 Key Points:
- Being involved in extraneous legal matters will really bog down a business.
- It can be a dilemma deciding between going to work for a well-established business or a startup straight out of school.
- Making ends meet can be an eclectic task because there are a variety of ways to make money here and there.
Resources Mentioned:
- Edgar – Nathan uses Edgar instead of other scheduling tools for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over – time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn’t have to work or pay for.
- LinkedIn – Jules’s LinkedIn
- Windsor Circle – Jules’s current business
- CellBreaker – Jules’s previous business
- The Visual Display of Quantitative Information – Jules’s favorite business book
- Elon Musk – CEO Jules follows
- Google’s Ngram viewer – Jules’s favorite online tool
Credits
Show Notes provided by Mallard Creatives
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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 units 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, Top Tribe, this week's winner of the hundred bucks is Rick Siegman. |
| 0:31.5 | Rick Siegman. |
| 0:32.7 | He is stuck brick and mortar business. |
| 0:36.2 | That is his focus. |
| 0:37.2 | So congratulations, Rick. If you guys want to win a hundred bucks every Monday on stuck brick and mortar business that is his focus so congratulations Rick if you |
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| 0:43.3 | subscribe to the show on iTunes now and then text the word Nathan to 3 3344 again |
| 0:49.9 | text the word Nathan to 33444. |
| 0:58.7 | Coming up tomorrow morning, TopTribe, it's another one. |
| 1:03.9 | You're going to hear what we decide to do with Hayo and get a clue as to what we're going to be up to next. |
| 1:06.2 | Okay, Top Tribe, good morning, good morning. |
| 1:08.4 | We've got a guest on today. |
| 1:09.4 | I think you're really going to enjoy. |
| 1:10.4 | His name is Jules Hill, and Jules was born in England, grew up in Mexico, and came to the U.S. for college. |
| 1:16.0 | Even after taking a semester off to enlist in the U.S.M.C. Reserve, Jules graduated early from the Kenan Flagler Business School, after which he dedicated two years of venture-backed startup sellbreaker as C-O-O. |
... |
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