Growing to $50k/mo with Roost CEO Jon Gillon Ep 202

Published: March 10, 2016, 12:07 p.m.

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Jon Gillon, 7x startup founder, 4x failer, general Silicon Valley Hustler, and free-style rapper. Listen in as Jon shares his story of early failure, how he remained persistent, and how his latest startup Roost came to be.

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Time Stamped Show Notes:
01:08 \\u2013 Nathan\\u2019s introduction
01:30 \\u2013 Welcoming Jon to the show
01:53 \\u2013 The 4 failures were Jon\\u2019s most important lessons
02:40 \\u2013 Did the friends and family round
02:53 \\u2013 Hiring an engineer is the hardest part of getting a business off the ground
04:05 \\u2013 Just in the failed businesses Jon\\u2019s raised $35K
05:20 \\u2013 Jon\\u2019s biggest competitors
06:00 \\u2013 15% transaction fee on all Roost transactions
06:29 \\u2013 AirBNB for inanimate objects
08:22 \\u2013 How to look for a lead investor\\u2014it\\u2019s not a willy nilly process
09:45 \\u2013 Zipcar and Enterprise are big partners of Roost
10:16 \\u2013 Finding a technical co-founder at the start of Roost
12:20 \\u2013 http://www.medium.com/@jongillon

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Famous 5
Favorite Book? \\u2013 How to Win Friends and Influence People
What CEO do you follow?\\u2014 Jack Dorsey
What is your favorite online tool?\\u2014 Slack
Do you get 8 hours of sleep?\\u2014 Yes
If you could let your 20 year old self know one thing, what would it be?\\u2014Nobody really knows what they\\u2019re doing\\u2026they\\u2019re learning as they go along. Just try it and be confident.

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3 Key Points:
You\\u2019re not looking for a lead investor, you\\u2019re hiring one\\u2014this person will be a part of your company for a long time.
Bringing a GREAT engineer on-board early is key to the life of your business.
Nobody knows what they\\u2019re doing until they\\u2019re actually doing it\\u2014just give something a try!

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Resources Mentioned:
Edgar \\u2013 Nathan uses Edgar instead of other scheduling tools\\xa0for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over \\u2013 time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn\\u2019t have to work or pay for.
Host Gator - Powerful web hosting made easy and affordable.
Slack \\u2013 The online tool Matthew can\\u2019t live without
How to Win Friends and Influence People \\u2013 Jon\\u2019s favorite business book
Jack Dorsey \\u2013 The CEO Jon closely follows

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Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop

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The Top is FOR YOU if you are:

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A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

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STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

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An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)

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The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

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Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

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Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that\'s like an audio version of Pat Flynn\'s monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

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