EP 112: He Quit Google Now Serial Entrepreneur

Published: Nov. 16, 2015, 7:27 p.m.

3 Key Points:\n

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  1. Understand your customer pain points and alleviate them\u2014it\u2019s the quickest way to success.
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  3. Know your growth story and paint the vision.
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  5. Don\u2019t waste a moment in a day\u2014once time ticks past, it\u2019s gone forever.
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Time Stamped Show Notes:

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  • 01:01 \u2013 Nathan\u2019s introduction to today\u2019s show
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  • 01:55 \u2013 Ethan loves product because it\u2019s all about understanding what the customer needs to make their life easier
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  • 02:28 \u2013 What it\u2019s like working at Google and why Ethan left
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  • 03:55 \u2013 The Google video team was floored when YouTube was bought
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  • 04:55 \u2013 The story behind Red Beacon\n
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    • 07:00 \u2013 Red Beacon made money by taking a percentage of service provide bids
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    • 08:15 \u2013 The problem with Red Beacon was an absence of usage frequency
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    • 10:15 \u2013 Companies don\u2019t get sold, they get bought
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  • 11:30 \u2013 The original concept of MyTime was to become the Amazon of local services
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  • 12:45 \u2013 MyTime Marketplace gets 1M visitors per month
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  • 13:50 \u2013 2/3 business still use pen and paper
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  • 15:20 \u2013 Time is precious\u2014once it\u2019s gone, it\u2019s gone
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  • 16:10 \u2013 MyTime is a multimillion dollar business with the potential to become a billion dollar business
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  • 17:00 \u2013 MyTime rolls with a churn rate that\u2019s less than 10% per month
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  • 18:24 \u2013 Be able to tell the growth story and paint the vision to investors
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  • 19:30 \u2013 www.MyTime.com @Ethan_Anderson
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  • 20:24 \u2013 Famous Five
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