Ep 131 Jon Colgan of CellBreaker.com joins Nathan.
Jon Colgan is founder of www.CellBreaker.com , an NC IDEA grant recipient (2013) and 500 Startups accelerant (2015). Fun fact: To talk about CellBreaker, Jon was the last scheduled interviewee with Diane Sawyer before she retired as ABC World News nightly anchor in 2014. Funner fact: Jon hasn’t brushed his hair since the 7th grade. As a lifelong entrepreneur and former UNC ethics debate captain, Jon’s mission is simple: give consumers confidence to veto bills they don’t owe.
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3 Key Points:

Play the strength of your hand, not your bank account.
Large companies can’t keep up with the changes they make to their own contracts.
Justice as a Service businesses are growing and growing rapidly.

Episode Notes: 

01:00 – Nathan’s introduction to today’s show
01:39 – Jon Colgan joins the podcast
02:20 – What CellBreaker means
02:40 – Helps people OUT of cell phone contracts they don’t want
03:15 – The Cell Breaker revenue model
03:40 – A real-life sample of how Cell Breaker works
04:40 – Cell Breaker is a REALLY efficient way to enforce the contract as written
05:50 – In August of 2015, Cell Breaker say 13,000 customers pass through
07:00 – Determinants for fulfillment
07:20 – The fall rate for Cell Breaker
07:45 – Cell Breaker’s success rate is 100%–They’ve never lost a case
08:15 – The highest density of hatred for any carrier is tied between Verizon and Sprint
09:15 – Prior to 2011, state consumer protection laws allowed people to band together and forge class action lawsuits against consumer goods providers
10:45 – As a business, Cell Breaker is all about efficiency
11:16 – Cell Breaker’s competition?—“Justice as a Service” businesses
12:40 — @JonColgan or FredoParedo.com
13:00 – The Cell Breaker Team
14:08 – Cell Breaker is hoping to raise $1.5M in equity
15:38 – Famous Five

Resources Mentioned:

Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
@JonColgan – Jon Colgan’s Twitter handle
Fredo Pareto – Jon’s blog
Zero to One – Jon’s favorite business book
Gyazo – Jon’s favorite online tool

Famous 5

Favorite Book?— Zero to One
What CEO do you follow?— Sylvain Dufour
What is your favorite online tool?— Gyazo
Do you get 8 hours of sleep?—No
If you could let your 20 year old self know one thing, what would it be?— Play the strength of your hand, not the strength of your bank account.

 
 
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The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
 
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