Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

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

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

FromSaaS Interviews with CEOs, Startups, Founders


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

FromSaaS Interviews with CEOs, Startups, Founders

ratings:
Length:
18 minutes
Released:
Mar 4, 2016
Format:
Podcast episode

Description

Ep 183 Jules Hill, the analytics manager of the startup Windsor Circle . Listen as Nathan and Jules talk about the latter’s previous experiences as the COO of Cellbreaker.
YOUR $100: Remember to subscribe to the show on itunes then text the word "nathan" to 33444 to confirm that you've done it to enter to win $100 every Monday on the show. Do this now. Stop reading this and do it!
Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: bit.ly/1SynoAg
Top Entrepreneurs join Nathan Latka daily inspired by, Art of Charm, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, Lewis Howes, School of Greatness, HBR Podcast, the StartUp podcast, Mixergy, Andrew Warner, AskGaryVee, and the great hosts of BiggerPockets!
BioJules Hill was 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.
Time Stamped Show Notes:

01:00 – Nathan’s introduction to today’s show
01:34 – Jules joins the show.
01:51 – CellBreaker had raised about 50K when Jules joined it full time.
02:38 – When he started, he got equity and pay, but it wasn’t much.
03:47 – He was paid 20K a year at the startup when he first started and he’d just bought a house.
05:02 – One of the milestones CellBreaker reached was getting accepted to the 500 startups programs in California which granted the business 100K.
06:19 – 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.
07:00 – Nathan and Jules breaks down the money he’s made through each means.
08:31 – Jules left CellBreaker when the startup didn’t meet the milestones he thought they would. However, it was a valuable learning experience.
09:48 – Jules talks about the legal ramifications that slowed down CellBreaker’s progress.
10:55 – Jules possesses 1% equity in CellBreaker.
11:45 – Currently Jules works at a new startup called Windsor Circle. It helps retailers increase their customer lifetime value and customer retention.
12:23 – Jules is the analytics manager at the new startup.
13:25 – Jules is making significantly more than 20K
15:26 – Famous Five

Famous 5

Favorite Book?- The Visual Display of Quantitative Information by Tufte
What CEO do you follow?— Elon Musk
What is your favorite online tool?— Google’s Ngram viewer
Do you get 8 hours of sleep?— No
If you could let your 20 year old self know one thing, what would it be?— You’re always going to be able to make it work. Don’t be afraid to take risks. Ask yourself ‘what’s the worst that could happen?’

3 Key Points:

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

Resources Mentioned:

Edgar – Nathan uses Edgar instead of other scheduling tools for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over – time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn’t have to work or pay for.
LinkedIn – Jules’s LinkedIn
Windsor Circle – Jules’s current business
CellBreaker – Jules’s previous business
The Visual Display of Quantitative Information – Jules’s favorite business book
Elon Musk – CEO Jules follows
Google’s Ngram viewer – Jules’s favorite online tool

 
Credits
Show Notes provided by Mallard Creatives
 
 
Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
The Top is FOR YOU if you are:
A STUDENT who wants to become the CEO of
Released:
Mar 4, 2016
Format:
Podcast episode

Titles in the series (100)

Over 10M founders, CEO's, and investors have downloaded this 15 minute daily podcast from Nathan Latka. Each day Latka interviews a software (SaaS) CEO and gets them to share how they've grown (or not) so fast all backed by hard data points. To date, over 1000 CEO's have been interviewed that together do over $6b in revenue, have raised over $5b, and employ more than 180,000 employees. The magazine for CEO's: http://nathanlatka.com/magazine The Book for CEO's: http://nathanlatka.com/bookamazon