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I hacked everything from day one. So
when you talk about people figuring out
how to go from day one, I made $65,000.
That was my first job. And when I left
on to go on my own.
>> Well, hold on. Yeah.
>> First job, first year.
>> Yeah. Cuz I had I had two I had two
graduate degrees.
>> You're calling from that world where
that carried weight.
>> Yeah. Yeah. But again,
>> this world don't care about
>> No. No. Not true.
>> Unless they need it. But
>> again, I hacked everything. I went to
Columbia University. I got a degree from
there. That's why I got my first job. I
was I wasn't qualified. So I was I was I
I was I was learning before that. I
wasn't
>> No, but I think today
>> even today same
four year college person and a four-year
actual work experience person without a
degree. Who are you going to hire?
>> Depends for what?
>> Good answer.
>> Yeah. It's not it's not
>> but not something that needs a degree.
>> But you'll see in the I'll tell you I
listened cuz again my goal wasn't to get
a people I want to get a job. My goal
was not to get a job. My goal was to
make $250,000 a year. My wife also
works. So I said if I make 250 and she
can get to 100 so it'll be 350. At the
time I thought that was a lot of money.
Right. Right. But but that but we but we
had had a mindset. When I got married
>> when I got married my wife was also in
school both in school going and we both
knew we were we were undergrads. We were
going to go to graduate school
>> and I told my wife when we were dating
and before we got engaged I said you
know we're not going to see each other
Mondays and Wednesdays just on our
schedule then. And she said yeah I get
it but that's the goal.
>> She's still working.
>> Yeah. She's a she's a regional dietitian
for a nursing home group. She has a
different life now right. She's a
regional so she works from home. She
monitors all dietitian nursing home.
both career oriented.
>> Not career oriented spouses. Not care
oriented.
>> Money oriented.
>> Not money as in like but independents.
Yeah. Independent. We want to be
independent. I'm I'm not relying on my
parents. I'm not relying on her parents.
We never got dollar from anybody. But it
wasn't like we couldn't have like you
know both parents are okay. But we
always just like let's be independent
people and therefore we have to have a
plan on how. So I always had a plan. It
was always like here's how I'm going to
make money. So I started at 65. Within
four years I doubled it and within four
years I doubled it again. So, when I
left after eight years of working in
corporate America, my last salary was
well over $250,000 a year.
>> Okay. Welcome back to another episode of
the What It Takes podcast. My name is Ty
Krauss, CEO of Blackbird Recruiting. On
today's episode, we have Avi Singer,
founder and CEO of showed.mme.
>> Showed me. We called it showed me.
>> Showed me. Yeah. The website is showed.
Me without a e in the word showed.
>> Yes.
>> It's too what? Showed.m the regular way
was not available.
>> No, it wasn't.
>> Okay. [laughter]
A company is changing how nursing homes
and healthcare facilities handle
compliance training. In this episode,
it's not just about software and
compliance. It's about the real grind of
entrepreneurship. What it takes to build
something from nothing, lead a team, and
deal with the highs and lows of being
responsible for everything and running a
business. Obvious story is one that
every business owner can relate to.
We're going to talk about the pressure
of being a boss. How to build a team
that actually cares and what makes a
good employee great employee. And how to
stay grounded when the business feels
bigger than you. Whether you're running
your own company, dreaming of starting
one, or figuring out how to be a better
leader where you are, this one is going
to hit home. Welcome. Welcome.
>> Thank you so much for having me,
Totally. Really appreciate it.
>> Amazing.
>> Great to be here.
>> Now, you've owned you've you started a
show that made me 12 years ago. Yes, I
think that's what LinkedIn says. So, we
did some stalking before the episode.
>> Sure. No problem. Um, but I saw you've
had quite a few experiences prior to
that. Tell me about your time working at
Google. Indeed.
Uh, Blue Man Group. Oh, that must have
been fun.
>> Yeah. Yeah. So, I'll tell you. Yeah.
I'll tell a little my my background
story. So, um, actually originally when
I started going to school, I went to
undergrad in Turo like many people. I
know people still do, but it was it was
every Shiva guy went to Turo back in in
the in the late 90s. And I originally
wanted to be a clinical psychologist.
>> Why?
>> I liked helping people. I liked helping
people. I liked talking to people. I
thought, you know, based on a very basic
experience, maybe being a counselor in
camp, like I thought, okay, I could talk
to work with people. Um, in undergrad
though, that's where you really learn
like, okay, is this really what I want
to do as a as a as a living? And I
realized two things. So, number one, I
realized I didn't know I wasn't quite
sure I really want to talk to crazy
people all day.
>> Fair.
>> And then the other was I remember
talking to a professor and said, "How do
I become a psychologist?" And he said,
"You need a PhD." And I said, "Well, how
do I get a PhD?" and he said, "Well, you
got to do a thesis and that takes like
five or six years of research and
writing." I said, "Oh, I I don't know if
I'm up for that."
>> I said, "Well, what else can I do?" So,
he said, "Well, why don't you look into
organizational psychology?" I said,
"What's that?"
>> And he said, "Well, it's what motivates
people at work. You know, what gets
people to be, you know, fired up to do
their job and do a great job and how to
become a great employer and all things
like that." And I said, "That's actually
fascinating." So, still psychology,
still helping people, but in a work
setting versus a person. You're
>> not talking to crazy people all day.
>> Yeah. Yeah. So, um, looked into that,
thought, "Hey, this this seems great."
Um, applied to a number of schools. Um,
uh, I actually went, and I think this is
an important thing for people to to
think about. I actually went down when I
was looking for a graduate school for
organizational psychology. I actually
went to all the school open houses.
Yeah. I went in there, I went to NYU, I
went to Columbia, I went to Hopster,
went to Baroo. Um, I asked a lot of
questions.
>> The open houses at colleges are for you
to interview them or them to interview
you?
>> No, open houses are for you to interview
them. Okay.
>> Where are your graduates getting jobs?
What does degree look like? what does
your schedule look like? I was already
married. I already had kids. I needed
Yeah, I needed a schedule that was going
to work. I wanted to do it as quickly as
possible. Um, so I actually went down
and I probably interviewed them a lot
more than than they expected, but I
asked a lot of questions and um luckily
got into Colombia. Um, which really is
how I got my first job. Uh, there was
nothing else that qualified me for my
first job. I was I was learning, I was
teaching, I was in school. Um, but those
days people would have their their
resume up on like Monster.com and Hot
Jobs and Career Board. I don't know if
those are still around, but I put it up
there.
>> Indeed is still around and that's how it
started.
>> Yeah. No, I I worked at Indeed. Um, but
yeah, no, the the the job boards are
still around. Um, well, it's not job
boards. It was a employee board almost.
I don't know what they call it, but
somebody called me. Someone just reached
out and actually a few people reached
out and I had some really really really
interesting interviews and it was simply
because I went to Columbia University. I
had that on my resume and people said,
"Okay, that's a good school. they have
good education there. So, um yeah, so I
I interviewed at uh JetBlue was a
relatively new company then. That was an
exciting opportunity. I interviewed at
MTV. Um fortunately did not to get that
actually I almost got that job and then
fortunately did not get that job. So
that's that was pretty good because
maybe I would have accepted it. Who
knows? But then this company called me
called Double Click. It was a online
advertising company. One of the early
early online advertising companies.
>> Not Undertone. That was
>> not Undertone. That was later. So
company called Double Click. I spoke to
the recruiter on the phone and and I
said, 'I have no idea what you do. Like,
I don't even know what online
advertising is. Like, the internet was
probably 10 years old then, you know,
and and and online advertising was still
very very new. And she said, "Well, just
come down." And I went down and I
interviewed and I don't know why they
hired me, but they did. And I got a job
focused on employee development at this
company called Double Click. And
>> what were your responsibilities?
>> So, they had been they had been uh a big
public company in 2000, part of the
do-com boom and crash. Okay. They've
been taken private by two large private
equity firms and the private equity
firms really believed in their mission
and said, "We think we can build you
into massive businesses and sell you a
few years down the road."
>> What was the mission?
>> Um, well, we think you're fundamentally
great online advertising companies
if you build a better business than
everyone else. There were a few
companies doing it then, but they said,
"We think you can build a better
business than everyone else." So, the
first one of the first lessons I got was
um you often have 10 companies doing the
same thing, right? anything. You know,
there's uh there were probably 10 Ubers
at one point and 10 Airbnbs and, you
know, 10 Amazons. The one that survives,
not say the smartest one, the best
people. If you have the best people, you
will just simply just go faster and and
go smarter than everyone else.
>> Best people, employees.
>> Yeah. So, that's what they wanted. So,
they said, "Hey, you have 700 employees
today. We have this vision. You know,
private equity firms are brilliant,
brilliant people. We have this vision of
how to get you to, you know, x millions
of dollars in in in revenue. Grow the
company to 1500 people." That was my
job. My job was how do we hire
enough people over the next few years to
build the company to about 1500 people,
help increase the revenues, um turn
managers and directors, directors into
VPs, VPs into executives. Um and my
responsibilities were San Francisco to
Sydney. So honestly had no idea what I
was doing. I can say that now because it
doesn't matter anymore. But I really I
went in there had no idea I was doing
but but I loved it. I I learned a ton. I
had there were great people there
already who I I'm still uncomfortable.
>> What was your salary though? [sighs] So,
I was lucky. I think, you know, I was I
had graduate school. I had I had a
graduate degree. Um, so my first salary
was $65,000, which
>> How long ago?
>> This is in 2005.
>> 20 years ago. Yeah.
>> 65K then.
>> What is it? $100,000 now.
>> I don't know. I still couldn't pay
tuition. So, I I don't I don't
[laughter] It still wasn't enough.
Whatever it was.
>> No, but it's an impressive first year
salary.
>> Yes. Well, definitely because I had a
graduate degree. So yeah, probably
probably with an undergrad probably been
45 or 50, but with a graduate degree and
and therefore this assumption that you
had some knowledge and you know not
maybe not experience but knowledge yeah
I was able to make 65. Um which actually
interesting enough on my first paceub I
was making less than that I had been
making before when I was you know
teaching and doing some other things
because taxes. Yeah.
>> So
>> I have an interesting question. Me
coming from background I I tried one
semester of college
>> got really bad grades. M I think I was
just handling juggling a lot at that
time dating two part-time jobs learning
EMS
[snorts] but from for those for the
crowd that doesn't didn't go to college
and is not from that world what makes a
good college versus a bad college why
are employers excited to see Colombia on
a degree versus I don't know Turo Baroo
or any other college that's not why is
Colombia one that's looked up to
>> I think that I think it's a brand
honestly
>> but what how did it Yale Harvard like
how
>> so I I think I think at at at various
points they probably had phenomenal
professors the real the the real thing
is like this is that you know you look
at the outcome right it's no different I
think in a in a college and you look at
it like a yeshiva like where do guys go
afterwards you know that's always what
you're looking for like when I when you
go to a high school open house I go to
high school open houses now for my kids
and you know you're not you don't really
like you don't really care who the math
teacher is apologies if my kids math
teachers watching this but you don't
really right what you want to know is
like what what where do they go
afterwards what happens afterwards so
when I would go to those open houses. I
would ask people like, "Where are you
getting jobs?" And they were getting
really good jobs.
>> How'd that happen?
>> How what happened?
>> Like, how did it become a brand name?
>> I don't want
>> They got lucky. Like,
>> no. No.
>> Oh, one of our people got president.
>> The academics are really good and they
do have again I I think it's it's very
liberal now and things have changed and
it's probably gotten worse.
>> But back in the day, what make good
academics?
>> I I think I think they I think they got
great professors, right? The reason why
the tuitions are very high is they're
really getting top-notch professors. I
would say multiple professors that I had
there were experts in their field.
Really
>> math is math.
>> No, I'm not talking about math. I'm I
went for
>> even a math. Even in math, you can have
people who are experts in their field
and therefore if you go to their class
and you learn math in their class, um
you are going to have a better
understanding of of math and its
applications than going to anyone else's
math class. That that's the truth. There
are certain professors in college where
if you go to their class in college and
I had this experience multiple times I
would say most of my classes okay you
know neither here nor there but that's
part of the degree but certainly I can
till to this to this day I can remember
things that I learned at with certain
professors in both in college and
graduate school where I understood why
they were teaching at that school and I
understood how that this would benefit
me. So there is there is there is a
benefit but I think more importantly I
think more importantly
>> a lot of colleges you can just apply to
become a professor there
>> them those might not be the ones I would
be looking to go to for me again I'm
always looking at the outcome right I'm
always looking at and I think that's
important for people to think about when
you're thinking about education like
something someone say do I need a degree
or not
>> one of the most important lessons I got
and I actually got this in graduate
school one of my graduate professors
said this and he said I want everyone
here to know something that's really
important you have to understand what
your terminal degree is okay. What is a
terminal degree? A terminal degree is
what's the final boss in education? You
know, how far do I need to get my
education that I'm never going to
encounter an opportunity that I can't
pursue that opportunity? So, know the
field you want to get into
>> the goal.
>> Not just the goal, but understand, are
you ever going to reach a point in your
field, right? Whatever you're going into
where you're not going to be able to
advance or get the next job or the next
job because you're limited in terms of
your education or knowledge. So, that's
an important thing for everyone to know.
So, therefore, you know, if you're going
into accounting, you need that master's
degree. Now, um, if you're going to
certain business fields, you know,
whether you value it or not, you may
need an MBA to get certain roles and you
just have to know that. You have to know
that. And I I was like, "Okay, that's
that's that's great. That's important."
So, I really I was very focused on that.
I was very focused on ensuring that once
I started working because once you start
working, it's hard to go back to school
before I get out to the workforce. I
need all the education that I can
possibly get to go as far as I can. Now,
it's not really true because while
you're working, you you need to do the
same thing as well. So, while you're
working, you constantly need to be
thinking about, is there anything that I
don't know now or can't do now that's
going to prevent me from becoming the
manager, the director, the VP, the SVP,
whoever it is. And and some of these
people think like, oh, I'm here long
enough. I should I should get I should
get advancement because I'm here long
enough. It's not. You have to be able to
show and demonstrate whether it's
through education, whether it's through
the work that you're doing. I am ready
to go to that next step and be very very
conscious of it. So, that was really
really important to me in my career. And
from day one, I was always focused on
that. From day one, it was never like,
oh, I want to be an employee. I want to
do, you know, organizational development
or or employee development. It was
always like, how can I become a VP? How
can I become an SVP? And what are the
things I have to do in order to be able
to get there? And that's correct.
>> What about people? So, you're in the
five towns?
>> Yeah.
>> What about people um who didn't grow up
in the in are your parents career
oriented? College a big thing. I mean
for for their for their children it was
but not like they didn't and they were
successful but again by by not and don't
focus on the degree it's what is it that
I need to do to be able to become the
CEO one day if that's your goal. Now a
lot of people that's not their goal. I
was once I was once uh
>> but who knows their goal at 18 years
old.
>> Well you just need a goal for what's
your goal for 19 right
>> and what's your goal for 20. It doesn't
have to be that far off unless you have
real aspirations. like if you want to
become a you know if you want to become
a dentist you're going to become a
doctor like you need to start think
about that early on because it is a path
and I mean even myself I knew I was
going to go to graduate school so I knew
okay I'm I'm on a 5-year journey here I
have to do undergraduate degree I have
to get into a good graduate school I
have to go to graduate school my wife as
well undergraduate graduate lensure like
you kind of have to know what you're
doing um in terms of of what do I need
to do to be successful
>> very cool
>> um was there ever when did you have that
aha moment let me try to open a business
Um, so I people call me all the time and
they I want to start a startup. I want
to start a startup. My number one piece
of advice to them is don't
>> why?
>> Because especially in tech, you know,
99% of startups don't work out. And
that's
>> Would you call Blackbird recruiting a
startup?
>> No, not a tech startup though.
>> Tech.
>> Tech. I'm talking about tech. Most
people are calling me about tech because
that's what they're really interested
in. Like nobody's nobody nobody's
calling me about a startup and saying,
"Hey, I want to start a grocery store."
You know, I was like, "Okay, mostly
tech." So you're in tech, you know, we
want to start I want to start a tech
company. I always say don't. Couple
reasons. Number one, it's, you know,
again, most don't work out, you know,
and everyone thinks their idea is great,
and it is. Everyone's idea is great, but
there's so many other things that have
to happen for it to be successful. You
need to um, you know, you need to have
good customers. Someone's got to do the
sales. Like, there's a lot of things
that have to happen. So, the truth of
the matter is, you know, through my
experiences and working at at Double
Click and then we got a car by Google
and I went for work another company.
Like, I had the opportunity. So, you
know, I had the opportunity to explore
starting my own company. That's what it
was. So financially I had the
opportunity to do that. It wasn't
otherwise I wouldn't do it because
number one um you're not getting paid
like when you're starting a company
there's no money like no one's going to
get any money.
>> How long till you took your first
paycheck?
>> Probably at least a year.
>> Wow.
>> Yeah. You got you have to really be
prepared. Um because I mean day one you
sit down at your desk and it's just you
and your laptop. You don't have a
company. You don't have a product. I
remember the first time I ever went to a
a conference for showed me back in in
2013. We didn't have a product yet.
Why'd you pick this?
>> So, interesting enough, when I was
working at tech companies, um, and my
job was education. It was employee
education. Advance our employees, help
them grow. So, what I found was as much
education I was doing, when I really
asked people like, "How do you learn how
to do that?" And it's like, "What? Oh,
how do you know to do pivot tables in
Excel?" Or, "How do you know to present
so well?" Or, "How do you know anything
about the automotive industry?" What
would they always say? Somebody showed
me. Right.
>> So, that's what it was. So, the initial
Yeah. Yeah. So the initial idea behind
showed me was really a peer-to-peer
learning platform for companies where
employees could learn from each other.
>> Great name.
>> Yeah. So that that that's how it came
up. And what was interesting was I had
actually gone to LinkedIn and said like
why don't you make an enterprise version
of LinkedIn like people need this in
their companies. Like I need to know who
know
>> education
>> well just for knowledge management like
I want to know who knows this and who
knows that.
>> Have that now.
>> I'm sure there's many. I'm talking about
I was talking in 2009 2010. So finally I
was like you know what I'm going to do
it. I'll go do it. Start it. um spoke to
a lot
>> no one else did this
>> there I'm sure there's other companies
doing it but but I'll tell you something
interesting so here's what happened I
spoke to a lot of smart people a lot of
smart people and they're like you should
do it you should do you should do it and
then I realize the second thing I always
tell people when they want to start
their own company which is make sure
it's a need to have not a nice to have
so the bottom line is is that although
peer-to-p peer learning and knowledge
management are are business critical and
important it's not a need to have it's a
nice to have and that's a dangerous
place to
And most people when they're approaching
me with their startup, it's like,
"Somebody told me this is a really good
idea." I was like, "Yes, but do enough
people need it that they're going to pay
you for it?" Um, and that's really was
an important lesson for me. So, two
important lessons. Number one is you've
got to have enough runway. You got to
have a year or two of like financially
to be able to do it till people are
going to invest or give you money or
start paying or whatever it is. It takes
time and it costs money. You need
develop. I'm not a developer, you know.
I have to hire developers. Yeah.
>> That's how you started. You had this
idea.
>> Had an idea. Business plan. I I I wrote
20 pages of I had some experience
working at those tech companies I'd
worked at in in product development. So
I actually wrote 20 pages of documents
on what the product would do. I'm I'm
not a visual person, so I I I I'm not I
can't think abstractly. So I I wrote
like you when you click on this button,
this is going to happen. And then I sent
it to a guy I found online. I don't know
how you I don't remember how we found
people online. 2012 maybe. I don't think
Fiverr was around, but I found someone
online and for $1,500 he he um he
designed the the platform. So he didn't
build it. He designed it and then I took
the designs and I went around. They were
clickable like till today you had like
clickable designs. So he designed it and
then I went around to people and I said
hey if I build this like you know what
do you think and um people were very
enthusiastic about it you know and then
I launched the company um you know I I
found a partner so you know I realized
like hey you know what
>> I didn't want to be a fundraiser like a
lot of my a lot of my friends who were
in startups were talking about the fact
that they were constantly fundraising
and I didn't want to be a fundraiser you
know so I went to somebody who I knew u
and I said hey you know I'm willing to
give up you know significant equity more
than people would normally give up but
but as long as I never have to fundra is
>> going for investments
>> or sales.
>> That's that's what fundraising is.
Fundraising fundraising is when you're
raising money to build your to build
your company. Yeah. I didn't want to do
that.
>> What about finding clients?
>> That's another thing. I wasn't very good
at sales.
>> Really? Yeah.
>> You were super confident.
>> Yeah. Yeah. It's it's the pushy part. I
I'm very I'm great on demos. Maybe my
sales team will tell you today. I'm I'm
great at trade shows. I'm great on
demos. It's it's harassing harass is not
the right word. It's really pushing the
people over that line.
>> Have you ever learned how to do sales
properly?
>> Yes. And you still think it's called
it's it it
>> I still as being pushy.
>> I still have a hard time with it. I'm
not saying I'm I'm not saying it's a bad
thing. I I I don't I don't think people
regret it. I mean, we're years um over
10 years into this. I don't think people
call me with regrets saying like, "Oh, I
I wish you hadn't pushed me into it. I
just as a as as a nature, I don't I
don't find it easy to push people to to
sign contracts.
>> I don't think that's what sales is."
>> No, I understand that. But however the
methodology is that you're using to get
people out,
>> it's not it's not convincing. It's not
pushing. It's not being a nudge. I see
it very very differently.
>> Okay.
>> I think someone needs your sol.
He could pick three solutions. If yours
is the best, he's going to buy yours.
>> Yeah. But but but they're not always
looking.
>> You know what I'm saying? Like you
really have to get people to
>> educate them.
>> Again, there's a lot of things to it.
But the bottom line is is that there's a
lot of noise. You know, talking to
nurse, we work home a So, a lot of it is
again, it's pushing people to get their
attention. Um, so but what I did though
though was um is that I didn't hire any
salespeople until I was over a couple
million dollars a year in sales. Like
that was something that was very
important to me that you know.
>> So you did the sales?
>> Yeah, I did. I forced myself. So every I
every job in the company like there's a
lot of things I no longer no longer know
how to do, but I I was able to do it in
the early days almost every single job
in the company.
>> You said you did you spent time learning
how to do sales? Well, would you use a
sales coach? Um well first of all when I
worked at when I worked at the um at at
you know Doubleclick and and Undertone
and some of these other companies we
brought in you know phenomenal sales
trainers and I would sit in on those. I
was I always love the education part. So
I would always sit in on I would hire
them these sales trainers would come
into the company and you know train 50
sales people 100 salespeople and I would
always take the training as well. So I
did I did you know um Franklin CVY and
Dale Carnegie and I I did all those um
there's a company called Execcom I used
over and over and over for negotiation
skills for presentation skills for
persuasion skills all these things and I
would make sure to sit in all those so I
would take advantage I always thought
again like I said before keep honing
your skill what's the next job what's
the next job so I was always focused on
more knowledge more education more
information um and so yeah so I did a
lot of that um I I've used I I I also
know a lot of sales people and I would
use them as coaches. I wouldn't call
them formal coaches cuz I don't know if
I pay them, but um
>> mentorship of sorts.
>> Yeah. Yeah. Where I would just say like,
hey, you know, how would you respond to
this email? Like early on, how would you
respond to this email? How would you
what's your feedback on this meeting?
You know, what would be my next steps
over here? So, you kind of learn over
time. Um I think the most important
thing though for me was the shift. So,
when the one of the reason I got into
compliance training was I did start
realizing after a few years that my
platform although it was peer-to-peer
learning and it was great, people loved
it, was a nice to have. wasn't need to
have. And that's really when I was like,
wait a second, that's that's a problem,
right? Because when the economy is not
doing well or budgets are not there,
like that's the first thing gets gets
cut. Um, and that's really why I decided
to look for something else and and
really by accident, you know, sort of
fell into uh compliance training uh with
some home care agencies and um and that
that's kind of how I got into it. But
the most important thing was the the
conversation shifted, right? the
conversation shifted from, you know,
peer-to-p peer learning is great and
mentoring is great and coaching is great
and knowledge management is great is,
well, you have to do annual training,
right? And they're like, yeah, and how's
that going? And like it's miserable. I
was like, okay, maybe I can make it
better. And that certainly made sales a
lot easier.
>> You're a phenomenal salesperson. I don't
know what in the world you're talking
about.
>> Not that again, I'm so again in this
world with this type of sales like Yeah,
you're right. Like I'm I'm this is this
is my forte is just explaining how my
product, how my service will help you.
What I'm talking about is get get the
noise like that takes persistence. And
I'm not that kind of person. I'm not the
kind of person who's going to call you
five times a day. And even though I know
you're going to thank me afterwards,
even though I know you're going to call
me uh five years later, I have clients
of mine not eight years now. Every
single eight years, nine years, there've
been clients of mine. Even though you
know you're going to be happy later on,
but the the the need to be so persistent
right now, I find very very challenging.
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>> What would you say was the biggest
challenge in the early days? Um getting
clients, building the tech, staying
sane. I would say I would say getting
getting clients because once you have
clients
um and and you have the capacity to
start to really listen to what's going
on with those clients. So again, the the
advantage I had in not going after like
venture capital money or things like
that is is um again one of the reason I
tell people not to go into startups is
when you when you raise money from
institutional investors, you're on the
clock,
>> 5 10 years,
>> whatever it is, whatever the whatever
the time frame is, but and they're very
pushy. They're like, "Okay, let's go.
Let's go. Let's go. Let's go." And you
don't have time. So the advantage I had
was I signed up a few big clients early
on uh in 2017 when we first moved into
into compliance. And I and I told him
right away, I said, "I know this is
going to be better. I don't know if it's
gonna be better today, but I know it's
going to be better and I want you to
work with me on this. And they were they
were willing to work with me on it. And
it was it was an amazing experience. We
I listened. We got a lot of feedback.
So, I wasn't really trying to sign up
that many companies. They were they were
they were, you know, but we started
making revenue. And as soon as we
started listening and as soon as we
started recognizing what their
challenges were, how we're going to fix
those, how we're going to correct those,
that's when we were able to start
accelerating the business. So, that
really was what got the ball rolling.
And then, so that's hard getting those
first few clients on board, getting
>> a big one. So they getting they big
enough that they have credibility,
right? So they've got, you know, but
then you get the ball rolling. Then all
of a sudden you're saying, "Hey, you
know, I'm like, why should I work with
you? I work with, uh, you know, so and
so." I'm like, "Oh, okay. That's, you
know, that's something. Um, that's when
you get the ball rolling." That's when
it starts. And then the next thing you
have to worry about is, you know, just
how do you you figure out how to grow
the company? And that that becomes the
next challenge which is when are when's
the right time to hire a salesperson, a
head of sales, account managers, a head
of account management, a CTO, a CFO, um
you know, uh should you take on
investment? Should you not take on
investment? Like once the ball's
rolling, um it's more the management of
the business, you know. So when the
first phase is really justifying the
business or you know, why is this
something that people should even pay me
for? But once you have that, then it's
like, okay, now now where do we go?
>> I saw this post
yesterday on LinkedIn. You know this
company called Ridge Wallets?
>> I don't.
>> You ever saw this type of wallet?
>> No.
>> Where you correct?
>> Oh, wow.
>> You've never seen this before?
>> No.
>> So, it's not from Ridge, but Ridge is
the most famous brand that makes it's a
wallet. Keep your cards, cash
>> and they're doing they're doing very
very well. Mhm.
>> And the CEO, I think, posted yesterday
on Linked Sean Frank
Ridge.com. So, they do very well.
They're primarily e-commerce-based
business.
>> Trying to find that post.
His about section.
>> Mhm.
>> On LinkedIn is I do stuff on the
internet.
>> I do stuff on
>> All right. Listen to this post.
Uh Joe Rogan has a guy uh Jamie, pull it
up on the screen. It's a famous line.
Okay.
>> So, we're going to do Tilly. We're going
to pull up on the screen. All right.
Goes like this. What makes a good CEO?
Being able to hear pitches and pulls in
every direction and still finding the
correct path forward. Your brand team is
going to think brand is the most
important thing. Your warehouse team is
going to think operations is the most
important thing. The CEO needs to see
the importance in all of it and
prioritize what the what needs the most
attention. Right now, if you're going to
let your marketers run the show, you're
going to be running BOGO black hat
affiliate offers all day. If you let
product run the show, you won't ever
release anything. A CEO needs to speak
all the languages but dance to their own
beat. So that goes back to what you were
saying is how do you figure out what's
next step? CEO's job is knowing where to
focus.
>> Yeah. I I think I think I would I would
I would say a little bit differently
than that. You know, I I I was so
fortunate, you know, going back to some
of the early experience I had. I worked
for I worked at Double Click. Um and and
some of the brightest people I've ever
met in my life worked there.
>> Are they still around?
>> Yes. So Neil Mohan was the uh chief
product officer. He's head of YouTube.
>> CEO of YouTube.
>> Yeah. Yeah. So all all brilliant people.
All
>> he worked at Double Click.
>> Yeah. Yeah. And and he David Rosenbot,
who's the uh CEO of First Dibs, just
brilliant people who have gone on many
people. I'm talking about 20, 30, 40
people at the company have gone on to
build $100 million plus businesses
multiple times. Brilliant, brilliant
people.
>> Yeah. Mo, the CEO
>> and I think
>> you don't know him,
>> huh?
>> You don't know him?
>> I I don't know if he'd still recognize
my name. I wonder maybe. But I I met him
multiple times. He he was he was in the
San Francisco office. He was a Stanford
graduate. Um he was out of the San San
Francisco office. I visited there many
times, spoke to him many times, met with
him many times. He was really great guy.
>> It's pretty cool to say. I worked at the
same company where the current CEO of
YouTube used to work.
>> Yeah. And and and and there's big
people, like I said, big people at lots
of big companies. Um but I think I think
I think our goal there was was to get
everyone on the same page as to the goal
and then somewhat collaboratively come
up with with who what should we focus
on? I like I like that philosophy
better, right? So what I do with my team
is I I always say, "Okay, let's be clear
on our goals." So we had a leadership
offsite in September, right? We spent a
lot of time. We did all the, you know,
white paper on the walls, all that.
>> And then we were in agreement in terms
of what we want 2026 to look like.
>> Is the goal ever not making company
making more money?
>> Yeah. But how?
>> That's that's what you're trying to get
consent. So that so again, so that's
what you want everyone to agree on. That
way you're not no one's playing budget
way. Meaning in that situation, it means
marketing has their idea of how we're
going to make money or wants to justify
their their existence. Product has their
way they're going to make money or
justify their existence. sales like
everyone's pulling. What I think is
important is if you are in agreement
>> and and you come in lots of ideas,
right? But if you leave there and say,
"Okay, um this this is the revenue
target for 2026. Um this is what we're
going to build in 2026. This is what
we're going to do in 2026. This is these
are the the verticals that we're going
to service that if you're in agreement
that then it's not that much pull and
push. You know, you don't have all of a
sudden out of left field someone asking
for for for budget for something or
that's not because you could just go
back and say, well, how does that how
does that fit into our plan?" And that's
what we've done since then. So we had
this meeting came up with the plan and
since then everyone's been sort of
honing their team's um [snorts] you know
goals and things like that for the year
based on that. So it's not like you know
and no one feels like oh I have to
justify my my my existence or anything
like that. So I I disagree with that a
little bit. I think if you have everyone
on the same page I don't spend that much
of my time actually um uh you know
prioritizing for everyone. Everyone I
have an amazing team. It's funny people
ask me all the time like you know what
my end goal of my company is. I said,
"Look, I have an amazing team." And and
that's just not me saying that. Like
clients will call me all the time and
say, "I love working with I I was a
funny story. I was I always uh say is I
had a client, very very large homeare
agency, uh Russian client, tough guy,
gave me a hard time. Wasn't easy to get
there, but I got in and he's a great
client of mine today. Shout out Boris."
Um Boris.
>> Well, I like to call him Boris, but he's
he's great. He's a really good guy. And
um and he called me one day and he said,
"You know, Abby, the only reason I work
with you is because of this account
manager. And if that account manager
would ever leave, I leave." And I said,
"Okay, I guess I'll make sure she she
stays." Yeah.
>> But then she went on maternity leave.
And he got another account manager. And
he called me back and said, "You know
what?" [laughter]
>> I said, "That's why I didn't say
anything at the time because we we do we
have we have an amazing really amazing
team, really great people. Um we're very
fortunate. We have a really good
product. Our clients like the product.
Um we're in a very good industry, you
know, that that's growing. they love uh
you know even though it's hard you know
postaccute health and and behavioral
health we just we like it so for me I
enjoy it like I'm I'm enjoying what I'm
doing we you know but I'm fortunate not
everyone gets that like you know I
didn't always have that there were times
where people said the product is awful
or it's not working or it's not doing
what it's supposed to do but fortunately
we've built a really great team and a
really great product and we're in a
really great industry and um you know
I'm I'm never afraid to go to trade
shows come over and say like hey we're
not happy with your product we're happy
with the platform we're happy with this
or that I'm not saying everyone's happy
you know sometimes you do have you know
calls and people are not happy with
whatever's going for whatever reason it
happens. But for the most part, you
know, people are very happy to work with
us. So, makes
>> you thought about quitting?
>> Quitting what?
>> The business. Like,
>> no, I mean, people No, I enjoy it.
>> Back in the day.
>> Oh, for sure. A million times. A million
times. Yeah. A million. A million times.
A million. That's why again, you have to
have you have to have an incredible
network of people. It it it's it's it's
miserable. people. The one thing people
will never tell you about a startup
because they only see the glory is for
every one guy who makes it the 99 guys
who literally read a drop jump off a
cliff multiple times. I mean and I mean
serious like to that extent you're it's
it's it's serious you know whether
you've taken an investment and you have
people's money I take that seriously
like if I take an investor like that's
serious like I I I got to get that
person back their money.
>> So back in the day when you were
thinking about like I'm this close to
being done.
>> Yeah.
>> What kept you moving forward? I still
believed in it. You know, it just was
taking longer than I thought I would.
Like I never really really lost belief
in in what I was doing. But, you know,
you you have those you have those weeks
where, you know, you're you're tight.
You got to make payroll, you know, and
and and you got to collect and and it's
it's it's rough. You're like, why am I
doing this? You know, I had a great job
in corporate America in HR. It was, you
know, and I worked my way up. I was a VP
of HR when I left HR. Like, why am I
doing this? Um, it is really really
tough. Um, and you have to have a a good
network of people that you that you deal
with and talk to and and you know,
hopefully have you know if you have
investors, you have good investors. Um,
but um, but it's also hard. It's also
hard like maybe we should have at some
point like you know um, you know there
are there are companies that people
don't see it but you know there there's
there's like I said you know a graveyard
full of of the 99 out of 100 who didn't
make it and many of them longer than
they should have and stretch out a
little bit longer and things like that
but it's hard. it become it becomes your
baby like you know I meet some people
sometimes and I'm just like I don't I
don't see it working I don't want to be
the person telling that because it's
their it's their dreams and everything
in there but it's uh yeah it's I I never
don't anyone who's listening this don't
don't start a startup it don't
>> obby first
>> don't no just don't just don't do it
don't don't do it it's if if do it at a
point I always tell people do it at a
point where where you you can afford to
do it and I don't just mean financially
like everything emotionally family
everything you can afford to do it. If
it doesn't work, it's fine. You'll go
back and do something else. But people
come to me when they're very young and
rather than working at a company for 10
years or building up their skill set,
whatever it is, their first thing is,
"Oh, let me start my own startup because
I need to make a lot of money." And I
and I hear that like I I hear the stress
with that and that's that's a fair
point. Everyone wants to start their own
company, but particularly in technology,
it's a very very tough place to to build
a business.
>> How many employees do you have now? I
>> think about 50.
>> Wow.
>> Yeah. Yeah. So, we have a combination.
were complete remote which I absolutely
love. It wasn't uh wasn't always uh in
2019. So actually pre-COVID we had an
office in Manhattan. I was going in
almost every day mostly developers and
they were not coming in every day and I
would call them and like why am I the
only one here? And they would say we
were up until 2 o'clock in the morning
you know doing this and that and they
were they really were. Um and I just
said is anyone going to come into the
office? I said no. So I said you know
what let's let's just let's have a
remote company. Um and um we hire for
that. We hire people who work well
independently. It's part of our
interview process is ensuring that there
are people who can work well remotely.
We don't always make mistakes. Sometimes
we hire people really need to be in
office. They need the energy. Um but
we're remote. I think we're in 13
states. Um it's great. Um we um yeah, so
we we just design.
>> Is there a culture? Because if your team
is remote, it takes much longer and is
much harder
>> to build a culture.
>> 100% 100. Not not the same as I had in
office when I worked in office. For sure
not. But we work at it. I would say if I
had to define the culture today, it's
it's we're there for each other. Um and
I think that's that's a beautiful thing.
Um we have employees who are super
comfortable putting on their calendar
you know I have carpool at three you
know dance lesson at four we have many
people are parents and I think our
culture is um you know just do a great
job um have each other's backs be there
for each other um we had an I I I takes
so much pride in the fact that you know
we have an employee recently who lives
in Jamaica and was affected by the the
hurricane that just went through there
and right away her manager called me
he's like hey you know what can we do
you know and and I'm like you ask her
just ask what she needs, you know. And I
was like so happy with that. And then we
had another employee also in another
country who had some monsoons there and
and her manager called me. It's like
he's like, "What can we do?" I was like,
"I don't know what what does she need?"
And he's like, you know, and and like
for me, like that that's really the
culture. The culture is be there for
each other, respect the fact that people
work hard but also have families. But
that balance is amazing. I mean, I'll
sometimes have to call an employee
because something's urgent, like 10
o'clock at night, and they don't see it
as an intrusion. They're just like, "If
you're calling me, it must be really
really important because they I'm not
that kind of I'm not that kind of boss,
you know, or manager or CEO." Um, so
that and the clients see it as well.
Like our our our team is just willing
and I hear all the time they're willing
to do whatever they can for the for the
client. So I think that's our culture. I
don't think we have anything like it's
not a
you know pizza culture, coffee culture,
anything like that. It's more of a
culture of of of really doing doing good
things for for other people whether it's
employees or clients. Um, but I think,
you know, as we grow the business, we
are trying to to to build a culture. Um,
but honestly, if you hire good people,
like there there's stuff like I'm not
that removed from the business, but I
learn new things every day. We had two
new employees this our last few weeks,
and they said, "Your onboarding process
is amazing." I was like, "It is like I
you know, I they're like, "Yeah, it
really is." Like, it's buttoned up and
it's and it's and it's documented. And
they're like, you know, sometimes,
especially remote employees, you start
your job like, you know, first couple
days like crickets, right? like no day
one I met with that person and I went
through this document I had to do this
activity I had to do that like the first
few weeks are amazing and I feel like
again that that's part of the culture is
like let's make sure everyone's having a
great experience is feeling productive
day one um so yeah I I think you hire
good people you'll have a good culture
>> how do you um how do you set up a remote
infrastructure to do it success how do
you successfully set up a remote
infrastructure
>> very purposefully never assume that
because I decide my company is going to
remote it's going to work that means
you're overcommunicating you're
overdoccing ing um you're overmeating
like it's you it's very purposeful
understand what it means to have remote
company and not have the ability to
slide your chair over to someone's desk
and talk to them for a few minutes or
slide over there or grab three people
and walk into a conference room. So
constant meetings don't have to be long
meetings doesn't but 15 minute you know
Zoom meetings to catch up on this or or
that or whatever it might be. um a lot
of documentation. You know, if if I'm in
an office, I might know how to do
something because you showed me, right?
But if I'm not, then document what you
did so that I'll be able to do it as
well. Or if we hire three people,
they'll all be able to do it. So, we've
gotten very very good at that. And it's
super super helpful for new hires.
>> Very very But again, very like don't you
can't you things you can things you can
take for granted in a an office
environment, you cannot take for granted
remote environment. It really has to be
very very thought out and purposeful.
>> Which one would you rather? Uh, I like
remote. I like remote. You know, I think
>> Which one would you rather?
>> No, no, no. I I'd rather I'd rather
remote. Rather rather remote. Yeah. But
again, but I don't think everyone can do
it. You know, people always say, "I want
to build a remote company." Well, think
of it this way, right? Assume it's
50/50. Assume that 50% of the workers in
America or the world um can work
independently. Maybe they're introverts,
whatever it might be, um, and are just
fine. But there's 50% that don't. They
need energy. They're extroverts. They
need people. They need they need, you
know. So if you're going to build a
remote company, you can't you can't take
your company and become a remote company
because you hired all these people and
and they're balanced. They're somewhere
between the two. Um but if you're
starting now and you make that decision,
so when I was in 2019, we probably had
less than 10 employees. So if you make
that decision then and then moving from
there, um you you hire that way. So I I
love it. I really do. I think we got to
hire great people all over the country.
You know, I've got people in, you know,
I was interviewing somebody yesterday.
He's just started with the company. Not
interviewing, he he put a meeting on my
account as a new employee who just
started. Yeah. Okay. I said, "Where are
you?" He's like, "I live in Minnesota."
I said, "Hey, that's great." He's like,
"Yeah, I'm moving to Colorado."
>> I love it.
>> You know, like that I was like that
that's so cool, you know, like I'm like,
"Why?" He's like, "Well, my my fiance
has got a great job in Colorado, so
we're going to live there." Right? So,
that's amazing, right? When people are
moving, my CTO lived in Colorado. He
moved to Massachusetts. Like that that
part like one of the advantages I think
are of mode is all these things that
potentially would be disruptive if it
was in office for us are not disruptive
because that person just continues with
the company no matter where where
they're going. So it's um you know we've
had people move from New York and uh
their spouse needs to take a job
someplace else they continue with the
company. So for me that's important as
an HR person. I want people who are
going to come join the company be here
for a long time. I have employees been
with the company for over 10 years from
day one. I have many employees been in
the company over six years.
>> Um and um and I think you know part of
it is because it works for them like the
schedule the the culture that we have
works for them but part of it also like
I think they they like the company. It's
a good company. We you try to take care
of our people um to the extent that we
can. Um yeah.
>> You ever um when when was it that you're
like you start thinking hey this might
actually work?
>> Um
>> how long in
>> how long in well again the first one
didn't work out. So you know from from
day one it probably about five or six
years but from when we started
compliance it was probably a year or
two.
>> Like the
>> that's a long time
>> what
>> think like to wait like this might
actually work
>> in Yeah. But in in in software
>> again I'm not familiar with that one.
>> Yeah. So in software, the challenge with
software, but people always say, "Why
does software companies have to raise so
much money?" It's because you constantly
have to build it. Like I if I open a
supermarket,
>> Mhm.
>> there's a little bit like I open the
store, but there's a little bit
investment maintenance every single
year. When you're in software
>> and you think about just the how
software iterates today, like you're
constantly building. You're constantly
building. You're constantly iterating.
Yeah. You're you're it's never like,
"Oh, we built it. Now we can now we need
less developers, right? You have new
features, new modules, uh new things
that you're doing. So it's it's
constant.
>> It's never like now it's good. The
minute you coast, someone's gonna
someone's going to overtake you in six
months.
>> Really?
>> 100%. Yeah. It's so much easier to
develop software now. It's so much
easier to code now. So much easier to
start a company now. All those things.
So yeah, you constantly have to keep
your eye on on the ball like what else?
What else? What else do our clients
want? What makes life easier? Looking at
the data, but absolutely, absolutely. So
it's it's it's one of those things that
yeah, you even though you might make a
million dollars or $2 million or
whatever, like there are companies out
there like there are there was a company
last year that closed out. I think they
were doing over $100 million a year in
revenue. They had to close. Yeah.
because they were never going to they
were never going to make money. They
just determined that they were just
never going to actually make money. They
had to invest so much money ongoing
basis to continue to build their
platform, compete with their
competitors, stay ahead of other
competitors that they're just like,
"Hey, we're just going to shut down."
>> Whoa.
>> Yeah. And and not the only one. Multiple
multiple companies have have gone
through that. And and you know, you have
taken on investment, have employees,
like it's it's sad, but but that's the
challenge in software is you're
constantly constantly iterating. And um
the day you don't grow, you you fall
behind. It's it's it's very much like
that. And you have to your expect Yeah.
expectations you're going to grow year
over year, right? If you have investors
like, okay, you want we want you to grow
30, 40, 50, 60% year-over-year. Like
there's, you know, that's what that's
what you have to do.
>> Yeah.
>> That's intense.
>> It is. It is. It is. Yeah. That's what
I'm saying. You have to have a certain
mindset. People don't realize all those
things. Like building a company like
again getting off the ground is one
thing, but then building the actual
software business, you need great
people. I'm so lucky. I have I have
amazing people work for me, work work
with me. I don't they work for I think
good people attract good people.
>> I hope so. I mean I I I I think I think
what was what's interesting about a lot
of the people we've hired is they were
most of them were passive candidates and
I always ask the question there's two
questions I always ask candidates um
after they start not before. So number
one, why? Right? Why why did you decide
to join this company? And most of the
time they'll say that the recruiter
reached out to me just made it so
compelling. And I'm like, I appreciate
that so much. I appreciate
>> it's a boring business.
>> What's that?
>> When the Yeah. No, we're working with us
like just like the people we have and
like the things they're doing.
>> The reputation of their company like
it's it's a company that people like and
they're happy and go online and you'll
see like people like their company and
here's who they who's here they work
with and here's who you'll get to work
with. So, I think it's that and then the
other question I always ask a few months
later is is um is it what we promised it
would be?
>> Interesting.
>> Yeah. Always. Always. And I'm I'm I'm so
I'm so curious about that. Like, do we
make sure we don't oversell it and
overpromise and over and um and most of
the time like I'm so proud of the fact
that most time people will say, "No, no,
this this is what they told me it was
going to be. It's going to be hard. It
was me, this, it was going to be that."
But um I'm loving it. I'm having a great
experience and um you know uh it is what
it is what you said it was going to be.
I was like, "Okay, that's important."
Like those are very very important
values for me.
>> Schwock, let's talk about being a boss.
>> Two parts. What's the hardest part about
being in the leadership position? And
has the style of of being a boss changed
from when you started till now 12 years
later? How has it how has it evolved?
>> Yeah. So I think I think first of all I
think yeah being a manager or being a
boss has certainly evolved a lot. Um
years ago this sort of new leadership
philosophy came out. You can go on
Amazon and buy a million books on
leadership. Right. So every everyone has
a book on leadership. But the one that
that evolved I think has really become
very very big these days is something
they call servant leadership.
>> Servant.
>> Servant leadership. Okay.
>> Which is you see yourself here to serve
your employees.
>> Yeah.
>> That's a normal thing.
>> Well it wasn't always that like that.
you know, normally
>> didn't work for me. Cover your no
>> that that but that's what it was, right?
So up until like up until again probably
like 10 15 years ago, you know, that was
>> so sad.
>> It it was but again that's how
organizations were structured, right? So
we have entry- level employees and they
become you know it was just the way it
was structured. It was organized that
way. Um you know even today in a lot of
organizations I still see it and and and
it makes it's interesting some makes our
employees uncomfortable. Like sometimes
they're on a call with another company
and they see that there's that structure
there where everyone's like scared of
the boss and and I was like oh you know
like it was it was awkward. And I said,
"Why was it awkward? We're scared of the
boss." I'm like, "You're not scared of
me." Like, [laughter] they always just
laugh like, "Okay, no one is, right?"
So, I think I think that's what's
involved. I think I think I think you
have to look at yourself. If you want
great people to come work with you, then
you have to be working will work.
>> I have to support them. I have to be
willing to work with them. Meaning, it's
it has to be kind of flat. Now, at the
same time, they're looking to me to
>> be the hero some, right? Make the
decisions, make the good decisions, have
the right strategy, build the right
product, all those things. So, you you
have to balance that, right? It's a
little bit of a balance of of you know
we're working together so we work
together but at the same time there are
areas where I have to show leadership
and that's and that's in the direction
of the business and um what we're going
to focus on and what we're not going to
focus on like we've given up pieces of
business over the last few years and and
it was a you know something that was a
million dollars worth of business we
walked away from it
>> um didn't didn't fit with with the core
business and it becomes a distraction
right
>> so I'll give you an example like we do
we do um
>> we do healthcare training right So,
nursing homes, home care agencies, ABA,
we do behavioral health. At one point,
we had a bunch of McDonald's franchises
who came to us and said, "We've heard
your platform is amazing. It works very,
very well for a certain type of
employee, like a frontline type of
employee. Um, can we use it in our in
our franchises?" And I was like, who
doesn't want to work with McDonald's,
right? So, we jumped right in. But then
what started happening was if we wanted
to grow in that business and food in in
food service, hospitality, we'd have to
start building our library. We have to
start supporting that business, going to
those conferences and trade shows,
becoming experts in that industry. And I
got some great advice from uh from
actually an investor at the time who who
sat me down and said you can't do it.
And I said really because it's such it's
such good money and it's and he's like
it's just not going to work. And I
thought about it for a while and I
started already started seeing myself
like when you're early on you have
limited resources you have to be laser
focused and
>> narrow not wide.
>> Yeah. And and and and as long as there's
enough space you know like again we have
we have a massive market. Think about
like the number of employees in our
market the trainer is like 11 million
right. So like he's like you don't need
it. He's like it's maybe it's easy it
was easy they came to you easily
whatever it is but you don't need that.
Um so become the expert in in what
you're doing like that's really great
and who knows maybe 10 years from now
you'll have the capacity you'll hire a
complete other team and they'll do
hospitality or food service whatever it
might be. So yeah those are the tough
decisions you have to make as a CEO and
people are looking to you like make that
decision and sometimes they even doubt
you like when I when I got up in front
of the company and said hey we're we're
not doing that anymore and like but we
make money on it. you know, that's
that's money that we're literally saying
like we're not going to buy.
>> Yeah. So, um hopefully in in hindsight
they look back and say, "Okay, that was,
you know, the right decision."
>> I hope so.
>> What's the hardest lesson you learned
being a leader? [snorts]
>> Managing a team.
>> Well, it goes back to like what are the
hardest things to do? And the hardest is
is um knowing when something's not
working, you know, whether it's an
employee, whether it's a product,
whether it's a service. You know, I'm uh
I'm an HR person in my background. I get
attached to people. I get attached to
things. And um it's the hardest one. I
would say I've I've you know it's hard
it's hard to sit down with either their
employee or their boss and just say like
we have to be realistic over this isn't
working.
>> Um or you know goes back to the you know
the other products who somebody
something somebody may have built up
that business that then said we're not
going to support that anymore or we're
not going to pursue that anymore. Those
are very very hard things to do because
um you know it's people's lives it's
people's focus attention all those
things and um it's very hard. So, I'm I
try to be very I try to think through
that lens now when I'm hiring somebody.
Um or when I'm thinking about a a
strategy is I want to be much more
certain that it's the right decision.
>> Um so, you know, even though we have a
role that might need to be filled, I
might take more time to fill it because
I really really really want to be
certain about it because I don't want to
be in a situation where it's not going
to work out. Um whether it's again
whether it's a person, whether it's a
product or service. Yeah. How do you
balance holding an employee accountable
versus potentially killing morale?
>> Like
>> I think it's opposite. I think I think I
think I think again in my company we
hire people who want to be successful.
We don't hire people who just want a
job. Um years ago
>> I got a profit.
>> Yeah. But years ago I got interviewed by
a company fascinating business and they
wanted me to come work for them in
organizational development help build
the business. I interviewed a number of
the employees and they said, "We don't
actually want to move up. Like we're
we're very happy here." Like I we we
walk in the door, we do our job, we go
home, we get a paycheck. And I went back
to the manager. I said, "This isn't for
me. You have too many employees who sit
in that bucket where they want that's
where they want to be."
>> I try to hire people who who don't who
don't who don't just want to be in this
role
>> for the rest of their lives. They they
want to move up. They want to become a
manager. They want to become a team
lead. one of my best account managers
started doing tier one support, password
resets and things like that as now my
top account manager and always had that
mindset. Um developers, you know,
>> so how do you inter how do you figure
that out on an interview?
>> You ask them you ask them
>> everybody says
>> no not a lot of people just say like I
you know like I said in that interview
with that company like I I want to come
to work they do do a great job but you
know it's it's you know and and I think
that's how you keep morale. So morale is
not it's not a it's not an artificial
thing that you create, you know, through
uh you know, bagels on Fridays and pizza
on Tuesdays or whatever. It's it's
something where if people feel good
about what they're doing on a daily
basis, um feel like they're the product
that they're that they're selling or
supporting or building is is is out
there and is being successful and
helping people successful. Like that's
what builds morale. Like you're proud to
work for that company. Um you know,
whenever we got swag, shout out
[clears throat] to these really nice
mugs over here. Um, I always like to
give swag that people actually use. So,
I'll I'll spend a little bit more.
>> How do you figure that out?
>> What what they'll use? Yeah. Quality.
Quality. So, so if I'm getting something
like a thing I get, we got the Stanley
>> mugs.
>> Mugs. I'm not getting anything else.
Like it's going to be that one. Um, if
I'm getting you like a hoodie or
anything like that, it's going to be a
really good one. It's a warm one. It's
one you're going to wear and um because
I want people to wear it and because it
says two things. Number one, you know,
again, they're they're promoting the
company. But number two is they're
comfortable with that. Like they're
comfortable walking around, you know,
>> because it's good quality. No, just good
quality, but also the fact even but
people wear good quality. If it has your
logo on, you're like, you know, why
aren't you wearing like a brand name
item? But people are putting your logo
on.
>> Oh, absolutely. And people say and my
employees love it. They always say, I
always wear that that hoodie. I always
wear that sweatshirt. I always walk
around with that umbrella, whatever it
is. And I was like, why? Well, first of
all, it's really good. And number two,
like I'm proud of the company. Like I'm
proud of our business. I'm proud to walk
around and people say, "Oh, you work at
Show me. That's amazing." Um, and I feel
that way. I feel such pride when I go to
a to a conference or a trade show or
anything like that. And I'm walking
around and people say, you know, people
see see me. Again, not everyone's happy.
We we we we have not been successful for
everyone. It just you know that that
that's life. But but when most most of
your company come when I talk about most
like 90%, you know, over 90% it has
worked out. It has been the right
decision. It was the right thing. Um you
feel good. You take pride in that. Um
and I always try to make sure also when
I come back from from conferences to
share that with the team, you know, what
was the feedback that I got there and
what were people talking about? What
were people saying? Um, but I think
that's really like the the the key to
like the whole morale building, employee
retention, all that. It's got to be real
and and you have, like I said, you have
to interview. Do you want to be part of
that company or is this just a job
you're going to come and and you clock
in, clock out? You know,
>> I love that.
>> Yeah.
>> We want to talk about a little bit what
makes a good employee. Um, what are
things you look for?
>> So, for our company,
>> does it depend on the on the role or
>> There are, but there's also overarching,
right? So the role, yes, certainly, you
know, we're going to test people if
they're developers on on their
development skills and and if they're
marketing and sales, whatever. We're
going to test them on that certainly.
But I think overarching for us, there's
a couple things that we look at. So
number one, because we are a remote
company, are you independently
motivated? And we have certain questions
that we'll even ask
>> like what
>> what kind what kind of questions we ask?
Tell me about your current day. What
does it look like? And you can start
telling when people are really like
their day is full. You know what I'm
saying? like whatever their current work
is, like their days full versus, well,
then I wait to see if an email's coming
in and then I wait to see if hits me up
on Slack and then I wait to see like if
there's a meeting like they have their
day structured, they have their day
organized. Um, that's super important.
You're not going to be successful at
remote company if you are not
independently motivated and and and and
have that figured out. Um, we're in
compliance. Attention to detail is
critical. We can't make mistakes. If we
make a mistake, a client might miss an
audit, might miss a survey, might have
deficiencies because of us. So, it's
critical. So, we hire people for that.
Um, strong communication skills. Again,
you're remote.
>> Remote. Yeah.
>> So, you got to have those strong
communication skills. You don't have to
be an extrovert. Just
>> that's a big one, right?
>> And we again, we and these are things
that we're testing for. Testing people's
writing skills, right? You know, write
stuff for us, interview. We'll do some
do team interviews to see how they
interact with multiple people at the
same time. Um, so I think there's
there's a number of things that that we
just expect from team members. Um, you
know, showing up, you know, being there
for for for for like I said, for for
each other. or um you know people go out
on on vacation or leave or something
like that and and like it's it's just
the way that people like you know yeah
the coverage it's like like you see it
you get the response email like I'm out
of office but you know this person's
covering for me and I'm like ah they're
great like that's great you know that
person's covering for them and like and
and then because you have those people
working with you at your at your company
and you know they also have great
attention to detail and on top of their
stuff you're like I don't have a problem
going on vacation right
>> you know for me
>> I would say one of the most amazing
things that I feel right now at work and
this is like I talk to people about I
used to teach leadership and I you a
lot. So, at a lot of startup companies,
I I taught leadership for years. Um,
still do it a little bit and I enjoy it
a lot. Um, but um, one of the things I
would talk about is, you know, you're
doing a great job as a manager and a
leader when you can go on vacation and
most of the work is still going to get
done. But if you go on vacation and come
back and 50% of those things don't get
done, you're a terrible manager. And
nothing personal. It just you're just
not doing a good job. You don't have the
right team there. For me, that's where I
am right now in my life. Like, it's it's
it's the sweetest thing. I I could
literally, you know, and and not just
me, our our CTO, right, decided he
wanted to go to Nova Scotia. He's like,
I want and and he's been working with us
for a long time and works weekends. I
mean, he's a real CTO, the guy who will
stay up all night to make sure the data
migration goes over like that kind of
guy. And we have a few of those. Like,
we have some crazy people still
dedicated to I can tell you a million
stories. Tell him the story. We had a
developer who I remember I called him
and I was like, "Where are you?" He's
like, "Oh yeah, I'm at chemo." He was he
was unfortunately still with still with
us today years later. Um, and I was
like, "What are you doing?" He's like,
"I'm I'm coding." I'm like, "Why? Why
are you coding?" He's like, "What else
should I do? I'm going to be here for
three, four hours." I was like,
"Seriously, I don't read a book. There's
nothing." He's like, "No, I I want to do
this. This is what I want to do." Um, so
we just have amazing people. So this guy
and so because of the dedication like
that, this guy is a CTO of ours who we
love, Matt Pope, superstar. Like our
clients love, everyone loves this guy.
He's like, "I want to go to Nova
Scotia." Like, go. I was like, "What do
you think is going to happen?" And he's
like, "You know what? You're right." And
maybe it's not 100% of the stuff, but
90% 95% are getting done.
>> That's a great percentage.
>> Yeah, that's what I'm saying. So that
that's what we want. Like we want we
like and that's how I feel now. And I
feel like if you if you hire the right
people and you motivate the right people
and they're dedicated, everything like
that, then it it's not about like am I
here watching what you're doing or not
or what you're not doing like like the
rest of the company could have a
blackout right now and you're the only
one available and like it's almost like
nothing's happening. Like it's it's it's
the greatest feeling.
>> You ever needed to let somebody go who
you really liked?
>> Yeah. all the time. I I Yeah. I mean, I
like I think I like all the people that
we hire personally.
>> Oh, we need to fire.
>> Yeah. Yeah. It it just what we try to do
honestly and this is part of my HR
background. So, there's two types of
reasons you have to let someone go. They
do something wrong. And I I worked in
tech for years in HR and I could tell
you some crazy stories, you know. Uh
>> share one.
>> I won't share any because I'll tell you
what I used to do. I don't want to deal
with them. But you work at tech
companies. They're parties. There's
agencies. I mean, we used to have a one
one company, we had a house up in the
Hamptons that that they would take like
agency people to for weekends and so
those create issues. I was so fortunate
though, I had two people on my team
working with me, two women, Dana and and
uh
>> Meredith.
>> Okay. Well, we're going to do an
editing. We'll cut that that
is great. Um who I still I still, you
know, I still have about to do with with
till today. Um and I would just say,
"Look, I'm a guy. I don't want to hear
this stuff."
>> Right? Right. So they'll go and also
they also know I was from so they I
would say so they say you want us to get
it first. Yeah. I'm like so they would
vet everything like all these stories
crazy stories would happen and they were
you know crazy stories you know people
would do um you know terrible and then I
would have to go break the news to them
but they would go do the investigation
the whole thing but I mean I had a guy
one time and the company was going to
get sued. I mean he was just harassing
people
>> and and I was just like and they kept
coming to I was like and I felt
terrible. I like the guy
>> and I sat down and I said I said you got
to stop. You got to stop. You got to
stop. And finally I was like you got to
go. I remember I felt so bad he didn't
want to leave and he's like I'm not
leaving
>> and uh we had to call security which was
terrible and I felt awful and [laughter]
I felt I felt awful. So what he really
try to do so again so those there two
types of firing you have to do. So some
some of them is like that where they're
talking turning to like potential
litigation or liability like that you
have to really be very quick and you
know speak to your labor attorneys and
and employment attorneys things like
that. That's important. But if it's not
working out I love the soft landing. I
love that. I love being able to do that
for people and I think it's a I think
it's a gift that managers should be a
should give to somebody if you really
care about them, which is you sit down
with them and say, "Hey, I just don't
see this working." And I'd prefer to
have this conversation with you now to
give you the opportunity to find
something else. Um rather than just, you
know, pull the plug.
>> And how long do you wait? Give them a
month.
>> Yeah, not that long. I mean, you know,
we have the conversation and you know,
you you agree on on what you think is is
a is an appropriate amount of time, you
know, but it has to have finality. Can't
it can't drag on too long. But um but
yeah,
>> but their performance during that time
is they're checked out.
>> That's fine. I again I'm not expecting
anything else but at least it gives them
the opportunity and that's for me if I
have to let somebody go that's always
going to be the preference to be able to
go that way.
>> When it comes to promotions,
what are some of the little things that
employees might do that you're like that
person could be promoted one day?
>> Yeah. Well, there's there's two types of
promotions. So one is you're promoted
into a role where you're going to manage
others and then that increasingly goes
up and then there's just a promotion
where um you have additional
responsibility maybe a higher salary
maybe another thing. So two two types so
so so either one right so let's talk
about the first one. So one you start
identifying people like well that person
has good people skills they probably
could manage other people and and and do
a great job of manage them and building
up their skill set. Um so you have to
have again purposeful conversation. You
don't don't assume people can be
managers. They have to be taught about
delegation and coaching and feedback and
and all those things, but um but they
start showing the signs of it. They
start showing the signs of um you know,
if you have a new hire being onboarded,
they're getting involved with that and
and doing a great job. Um they're
they're jumping in, they're helping out,
those things, and you're like, you know,
let's let's start having that
conversation about you potentially being
a manager and then what what has to
happen in order for that to work. Um the
other one is is they're just starting to
show um advancement in their skill set.
So, I hired them, you know, as an
intern. I've I have a number of
employees who hired as interns. Uh say
hired as an intern. I'm like, "Wow, that
person's a rockstar. Okay, I'm going to
turn them into developer." And they're
like, "Oh, they keep they they keep
honing their skills. Now you're a senior
developer." It comes with compensation.
It comes with title, comes with
expectations, right? So, you're you're
getting more, but you have to give more.
Um but you you keep your eyes open from
that. It's also part of um retention is
is is you know, people want to be
recognized and one of the ways you
recognize them is not just a gift card
here, there, a little bonus here, there,
but um making sure that they have career
advancement. you know, they're able to
to develop their skill set, move into
further roles. It's hard when you're a
small company, you don't have that many
opportunities, but you have to find
them. You have to find the ways, even if
it's just a title change and a small
bump in compensation along the way. Um,
means a lot to people.
>> You know, it's interesting there people
don't really realize this. I think there
are phenomenal salespeople.
They are horrible sales managers. And
then there are great sales managers who
are horrible at sales.
>> Yeah. I mean, most great sales people do
not want to be sales managers. Most
great engineers don't want to be
engineering managers.
>> I had to create tracks at
>> very different skill sets.
>> I had to create tracks at companies I
worked for, big tech companies I worked
for to ensure that there was a a career
advancement for somebody who didn't want
to be a manager and I would sit with
them and I
>> how do you do that?
>> So let's use engineering for an example,
right? So I go to engineer say you're
you're amazing. Why don't you be an
engineering manager? He goes because
engineering manager means you believe I
can make 10 more of me.
>> You think I'm a cloning machine and it's
true. That's what you expect from
manage, right? You are so good at what
you do. I want 10 more. He's like, I
don't want to be bothered with that. I
want to sit in code. So, what you do is
it's almost like um they like in
sciences like at a far at a
pharmaceutical company, right? They'll
have people just become bigger
scientists, right? They become the chief
scientist, right? They don't have any
managerial responsibility, but in terms
of responsibility, you know, they have
so we create you can create a track
where somebody goes an engineer, senior
engineer, you know, uh and then become a
chief architect or something along those
lines where it's very clear they're not
managing people, but the responsibility
over the code and all those things are
are huge. Same thing with in sal on the
sales side, you know, somebody can
become a VP of sales and not have any
direct reports, you know, because you
believe that the book of business that
they're managing is just huge. Um, it's
going to be helpful for them when they
go to conferences and people see that
they're VP of sales as but but again,
same conversation, you know, I'll talk
to sales manager. Hey, you want to you
want to manage? No. Why? Because you I'm
I'm doing $10 million. I remember a guy
who was doing $15 million a year in
sales. This guy could sell, you know, I
still like I say amazing. Um, and
remember multiple times I sat down with
I said, "Come on." He had and he had
such good techniques. And I was like, "I
want you to teach those techniques." He
goes, "Hey, teach techniques. I'll do
that all day long. I'll do lunch and
learns, all these other things, but I
don't I don't want to be busy with
trying to get that guy to $2 million in
revenue and that guy $3 million. That
guy, not responsibility. It's like it's
like it's like it takes away from me
being successful what I'm doing." And
it's like, let me just sit here, crush
it. Let me get a big paycheck at the end
of every month and and don't bother me.
And I think you have to create that that
space for that to happen. I think you
have to be able to if you want to be a
company, you have to you can't assume
everybody's wants a manager or is going
to be a good manager. Um, but I agree
with you. You know, sometimes you have
people and their skill set is so much
more on the managing side of people more
than their coding. Like you're you're an
okay coder, but you're really great with
people. So, you get two benefits. Number
one, you're great with people so you can
manage a team. But number two, because
you know coding, even though you may not
be the best coder, um, you know what's
good work and what's bad work. So, hey,
why don't we make you a team lead?
You'll have 10 engineers under you and
you'll manage their workload and all
those other important things. Um but
yeah, I don't want to, you know,
disparage any CTOs or but a lot of them
probably would say like I'm not the best
coder, you know, like it's like, oh,
you're the CTO, you must be the best
coder. Like, I haven't coded in 10
years. I don't, you know, I don't know,
you know, but um but they but they
manage really well. They manage
workloads. They manage that stuff really
really well.
>> As we're getting closer to the end of
the podcast,
>> the end
>> closer to the end. Um, how has
your definition of success evolved from
12 years ago to today?
>> I think when you when you're starting a
startup, you you you fall in love with
all those big numbers out there. Oh,
that's a billion dollar company that got
sold for this unicorn.
>> Yeah, exactly. Everyone's busy with
unicorns and um
and and it's very dangerous because a
lot of those things they're just
inflated. Like even now I I I feel I'm
very nervous right now with all the
investments going on into AI and it's
it's like you know a dream but it's not
necessarily like real.
>> Is that something that touches your
industry?
>> Sure. Touch everyone. Yeah. Touch
everyone's industry.
>> How?
>> Um first of all simple AI coding. So so
where people writing
>> No, but on the on the front end for the
customer.
>> Yeah. I mean yeah there there'll be
things we can build into our platform
that make it much more efficient, make
it easier to use, make it faster. Yeah.
We have you have to be on top of things
like that. But um but the valuations
that some of these companies are
getting. I was talking to a company the
other day. They've got like $2 million
in business and they got like a $100
million valuation. Yeah. It's it's it's
and and and that just sets these
expectations.
>> Hold on. Is that a real thing?
>> Well, it it wasn't only because of the
the what they're doing and and but a lot
with the people who started it. They
were successful in the past. You know,
the assumptions they'll be successful
again. So, there's a little bit of that.
But, I'm going to just say, but but
bottom line is someone's still expecting
to get their money back. Like, you put
$100 million in, you're expecting two,
three. Like, this company will one day
have to be a billion dollar business for
you ever get your money back. Like
that's what happens in those situations.
So, but when you start out, that's what
it is. You have these you have these
your dreams of all that and then and
then it then slowly starts shifting and
you realize like wait a second.
If I build a successful business, I will
have a successful outcome. Like that's
just so so focusing on that so much.
Stop focusing so much on what's my
multiple, how much money can I get for
the business, you know, this that like
and almost like designing your business
for that, right? I'm going to design my
business so I get the highest possible
valuation. Hey, let's let's make sure we
talk about AI a lot on these like you
know these pitch calls because you know
AI is getting great multiples these days
or something like that. Um you know or
you know oh you know about five years
ago say oh we we use blockchain and uh
you know like oh yeah that's going to
get a better valuation. Yeah. So so I
think I think if you focus on building a
successful product service company
business you will have a successful
outcome. those those will go as long as
you have a good industry a big enough
industry that you know from a financial
perspective it's all going to work
you've done your research and said this
is a good place for the company to be um
the the rest will fall in place so you
don't so you just focus on less you just
focus on your day-to-day
>> and I think for my last question you
said before you do not recommend someone
to open a tech startup but for those
people that already did any advice you
would share with them
>> yeah um so again you know you'll have to
fight and claw offer those first
customers. Um, and just take it slow.
Just treat them like like gold. They're
going to be your biggest advocates down
the road. Like you have to understand
that evolution. Like don't try to like
get a lot of customers right away or too
fast or anything like that. Like if
you're really determined to do this
there there's a blueprint out there and
the blueprint is build a it's still like
a fundamental business. Build a solid
business, you know? So you you've got
your product, you're starting to do
this, that's great. Um, you know, get
customers on as quickly as possible. Um,
giving you feedback, providing that
feedback. Treat, like I said, treat them
like gold. make sure that they're happy.
Um, they're not going to be happy day
one. There things that are not going to
work the way they want it to. That's
fine. Keep iterating. Show them that
you're on top of it. And then through
that, you're going to build your
business. Like that's how you're going
to build your business. It's not going
to be through marketing. It's not going
to be through advertising. I don't know
what the statistic is, but like almost
no companies would do like, you know,
Super Bowl ads like around anymore. Like
that's not how you're building your
business. Like if people just are happy,
you have great retention. So there's
metrics you can look at, you know, like
customer retention and things like that.
Um, so I would say yeah, you know, know
know that stuff like understand what
it's going to take to build a great
software company. There are lots of
people out there you can talk to and ask
how to build great software businesses.
I had many people I talked to and asked
those questions to and um yeah, and if
you're determined, you you you know,
hopefully you'll be successful. But um
but again, it's it's it's rare, so you
have to be really really really uh
cautious and careful about it.
>> Wow, what a good episode. Avi, thanks
for joining. I hope you enjoyed today's
episode. Thanks for watching. Make sure
to subscribe and we'll see you next
time.
>> [music]