Published: Feb. 15, 2017, 10 a.m.
Neil DeSena. He\u2019s one of the founders of SenaHill Partners. He was previously at Goldman Sachs, where he really led the creation of a pioneering and institutional training technologies system which has been used worldwide for over 20 years. He was the Managing Director, Global Head of REDI Products at Goldman Sachs from 2000 - 2006. Neil\u2019s leadership helped build a leading, global, multi-asset training system that has expanded data centers and global networking through Europe and Asia.
Famous Five:
- Favorite Book? \u2013 n/a
- What CEO do you follow? \u2013 Duncan Niederauer
- Favorite online tool? \u2014 Salesforce
- Do you get 8 hours of sleep?\u2014 No
- If you could let your 20-year old self, know one thing, what would it be? \u2013 \u201cPay a little more attention to the details\u201d
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Time Stamped Show Notes:
- 01:20 \u2013 Nathan introduces Neil to the show
- 02:20 \u2013 Neil shares how their company is finding businesses to invest in
- 02:40 \u2013 Neil and his partners are all entrepreneurs and have experience running businesses
- 02:54 \u2013 Neil shares why they focus on FinTech
- 04:25 \u2013 Average total transaction volume that they\u2019ve had in 2016
- 04:54 \u2013 Fintech in 2017
- 05:40 \u2013 Distributive ledger of concept is ready for primetime
- 06:00 \u2013 Symbiont is well positioned in the distributive ledger of concept space
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- 06:24 \u2013 Symbiont will be at the point of formation for all other companies
- 06:34 \u2013 Companies can now be registered digitally
- 06:46 \u2013 Symbiont\u2019s founder, Mark\xa0 Smith, was Neil\u2019s first advisor
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- 06:50 \u2013 Mark also founded Lava Effects
- 07:00 \u2013 Mark teamed up with the most successful open source company
- 07:45 \u2013 Neil\u2019s prediction of how people will respond to Wall Street and their new administration
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- 08:08 \u2013 \u201cI\u2019m not quite sure how things are going to work out\u201d
- 08:14 \u2013 Banks have to adjust to it
- 08:55 \u2013 Neil discusses the economy of the distributive ledger
- 09:45 \u2013 The company that Neil thinks is well positioned to take advantage of the no churn economy in the FinTech sector
- 10:10 \u2013 Neil is also interested in the retirement sector
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- 10:30 \u2013 There is still no new technology to work around retirement money
- 10:50 \u2013 Neil has seen possible companies, but not one from their portfolio
- 11:00 \u2013 Fundamentals being displaced by quantimentals
- 12:10 \u2013 Neil\u2019s opinion regarding Wealth Front winning over on the money the people currently have on Vanguard
- 13:20 \u2013 There are companies who are trying to bridge the gap between the Baby Boomers and Generation Y
- 13:50 \u2013 SenaHill hasn\u2019t made an investment yet, on an insurance company
- 14:40 \u2013 SenaHill\u2019s focus in 2017
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- 14:50 \u2013 \u201cWe try to find companies that we can invest in and help and be with them for the life\u201d
- 15:05 \u2013 The Famous Five
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3 Key Points:
- Pay attention to the details.
- Wall Street can be unpredictable because of the new administration \u2013 regardless, banks will have to adjust.
- There are companies who are trying to bridge the gap between the Baby Boomers and Generation Y.
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Resources Mentioned:
- Acuity Scheduling \u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
- Drip \u2013 Nathan uses Drip\u2019s email automation platform and visual campaign builder to build his sales funnel
- Toptal\xa0\u2013 Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn\u2019t have to hire a co-founder due to the quality of Toptal
- Host Gator\xa0\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
- Audible\xa0\u2013 Nathan uses Audible when he\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
- The Top Inbox\xa0 \u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
- Jamf \u2013 Jamf helped Nathan keep his Macbook Air 11\u201d secure even when he left it in the airplane\u2019s back seat pocket
- Freshbooks \u2013 Nathan doesn\u2019t waste time so he uses Freshbooks to send out invoices and collect his money. Get your free month NOW
- Show Notes provided by Mallard Creatives