Published: March 20, 2017, 9 a.m.
Andy L\xfcrling and his business partner, Menno Bischops. Andy has over 15 years of experience in the startup world and is truly a serial entrepreneur. He has tons of experience in corporate and the corporate environment including strategy, business development and product development in entertaining and series gaming, VR, AR and online applications. He and Menno are working on a company called VRee.
Famous Five:
- Favorite Book? \u2013 Exponential Organization - Andy
- What CEO do you follow? \u2013\xa0 Andy L\xfcrling
- Favorite online tool? \u2014 Google Maps and Google Docs
- 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 \u201cGo for it\u2014just do it\u201d
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Time Stamped Show Notes:
- 01:21 \u2013 Nathan introduces Andy and Menno to the show
- 02:05 \u2013 LUMO Labs is a 2-year accelerator
- 03:30 \u2013 LUMO labs is all capital at this point
- 04:27 \u2013 The size of the funds that LUMO Labs has contributed
- 05:08 \u2013 The number of investment rounds LUMO Labs has made
- 05:20 \u2013 Official launch of LUMO Labs
- 06:30 \u2013 Menno shares what VRee does
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- 07:00 \u2013 The full-body VR experience
- 07:26 \u2013 The VR suits, headset and goggles are wireless
- 08:05 \u2013 It is like augmented laser tag
- 08:42 \u2013 VRee also offers e-sports
- 09:18 \u2013 The capital VRee has raised
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- 09:50 \u2013 The grant is non-dilutive
- 10:05 \u2013 Menno shares how they earn from VRee
- 10:29 \u2013 VRee is currently showcasing what their platform can offer
- 10:43 \u2013 VRee has revenue, but it\u2019s not substantial yet
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- 11:11 \u2013 VRee is usually used in pop-up events
- 11:30 \u2013 VRee is in current talks with VR arcades for permanent installation
- 12:42 \u2013 The Famous Five
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3 Key Points:
- Accelerators is a great avenue for startups to get going.
- You may have to start small and that may mean intermittent revenue.
- Just go for it, take courage and just do it!
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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