Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Published: March 4, 2016, 3 p.m.

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Ep 183 Jules Hill, the analytics manager of the startup Windsor Circle . Listen as Nathan and Jules talk about the latter\\u2019s previous experiences as the COO of Cellbreaker.

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Bio
Jules Hill\\xa0was 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.

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Time Stamped Show Notes:

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  • 01:00 \\u2013 Nathan\\u2019s introduction to today\\u2019s show
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  • 01:34 \\u2013 Jules joins the show.
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  • 01:51 \\u2013 CellBreaker had raised about 50K when Jules joined it full time.
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  • 02:38 \\u2013 When he started, he got equity and pay, but it wasn\\u2019t much.
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  • 03:47 \\u2013 He was paid 20K a year at the startup when he first started and he\\u2019d just bought a house.
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  • 05:02 \\u2013 One of the milestones CellBreaker reached was getting accepted to the 500 startups programs in California which granted the business 100K.
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  • 06:19 \\u2013 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.
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  • 07:00 \\u2013 Nathan and Jules breaks down the money he\\u2019s made through each means.
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  • 08:31 \\u2013 Jules left CellBreaker when the startup didn\\u2019t meet the milestones he thought they would. However, it was a valuable learning experience.
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  • 09:48 \\u2013 Jules talks about the legal ramifications that slowed down CellBreaker\\u2019s progress.
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  • 10:55 \\u2013 Jules possesses 1% equity in CellBreaker.
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  • 11:45 \\u2013 Currently Jules works at a new startup called Windsor Circle. It helps retailers increase their customer lifetime value and customer retention.
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  • 12:23 \\u2013 Jules is the analytics manager at the new startup.
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  • 13:25 \\u2013 Jules is making significantly more than 20K
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  • 15:26 \\u2013 Famous Five
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Famous 5

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  • Favorite Book?- The Visual Display of Quantitative Information by Tufte
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  • What CEO do you follow?\\u2014 Elon Musk
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  • What is your favorite online tool?\\u2014 Google\\u2019s Ngram viewer
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  • Do you get 8 hours of sleep?\\u2014 No
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  • If you could let your 20 year old self know one thing, what would it be?\\u2014 You\\u2019re always going to be able to make it work. Don\\u2019t be afraid to take risks. Ask yourself \\u2018what\\u2019s the worst that could happen?\\u2019
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3 Key Points:

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  1. Being involved in extraneous legal matters will really bog down a business.
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  3. It can be a dilemma deciding between going to work for a well-established business or a startup straight out of school.
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  5. Making ends meet can be an eclectic task because there are a variety of ways to make money here and there.
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Resources Mentioned:

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  • 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.
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  • LinkedIn \\u2013 Jules\\u2019s LinkedIn
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  • Windsor Circle \\u2013 Jules\\u2019s current business
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  • CellBreaker \\u2013 Jules\\u2019s previous business
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  • The Visual Display of Quantitative Information \\u2013 Jules\\u2019s favorite business book
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  • Elon Musk \\u2013 CEO Jules follows
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  • Google\\u2019s Ngram viewer \\u2013 Jules\\u2019s favorite online tool
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Credits

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Show Notes provided by Mallard Creatives

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