Join us on this episode of Entrepreneurial Excellence as we sit down with Austen Allred, Co-Founder & CEO of BloomTech. Dive into Austen's journey from selling items on eBay in his youth to dropping out of college to pursue a career in Silicon Valley.

He shares his insights on the mindset and psychology of successful entrepreneurs, emphasizing the importance of grit, resilience, and learning from failure. Austen also discusses the inception of BloomTech, aiming to revolutionize online education by balancing automation with human interaction!

The conversation delves into the complexities of the job market, highlighting the untapped potential of qualified individuals and the need for a purposeful mission to overcome obstacles.

Tune in and get ready to elevate your entrepreneurial game!

Key Topics:

-Journey to Entrepreneurship and Tech Industry

-Dropping Out of College and Parental Concerns

-Online Education and Balance Between Automation and Human Interaction

-Optimizing Job Placement and Grit in Entrepreneurship

-Startup Success, Failure, and Belief in Vision

Quote From The Episode:

"My definition of success is a world changing company that gives everybody the ability to increase, to live up to their financial potential"

- Austen Allred

Timestamp:

[00:00] Podcast Intro

[02:01] Austin shared his journey from childhood business ventures to founding Bloom Tech.

[10:31]Austin explained the challenges and strategies of adapting classroom experiences to online education.

[23:23] Adam and Austin elaborated on the critical importance of grit for entrepreneurs.

[30:55] Austin highlighted the two primary reasons companies fail.

[40:04] Austin discussed the challenge of deciding whether to sell a company or keep growing it.

[50:29] Adam and Austin talk about the challenges of managing rapid company growth.

[1:00:46] Austin Allred emphasized the importance of thoroughly vetting candidates with impressive resumes from big companies

[1:18:47] Outro

Connect with Austen Allred:

LinkedIn - linkedin.com/in/austenallred

Twitter/X - @Austen

Instagram - @austenall

Connect to Entrepreneurial-Excellence:

Website - https://www.levy.company/entrepreneurial-excellence

In this episode of Entrepreneurial Excellence, we delve into the multifaceted world of entrepreneurship with Aaref Hilaly, Founder of Clearwell and Partner at Bain Capital Ventures.

Aaref discusses his journey as a first-time CEO, sharing invaluable lessons from his successes and mistakes. He emphasizes that entrepreneurial excellence is a blend of IQ, EQ, insight, and leadership, and that success comes from determination and hard work, regardless of innate abilities.

Tune in to gain a deeper understanding of what it takes to achieve entrepreneurial excellence and the key factors that drive success in the competitive world of tech startups!

Key Topics:

-Defining entrepreneurial excellence and success

-Challenges of balancing founder and CEO roles

-Importance of company culture and proactive compensation

-Investing in startups and key success factors

-Insights on generational differences and work ethic

Quote From The Episode:

I've never judged things by outcomes or by what other people think.

- Aaref Hilaly

Timestamp:

[00:00] Podcast Intro

[03:03] Adam and Aaref conversed about defining and achieving entrepreneurial excellence.

[08:23] Adam and Aaref talked about the common mistakes founders make, the importance of learning and self-education.

[17:08] Aaref delved into the importance of building a core team with cultural fit.

[24:25] Adam and Aaref explored the challenges of recruiting talent for startups.

[30:05] Aaref discussed the evolution of leadership styles.

[34:18] Adam and Aaref discussed the influence of location on startup success.

[39:42] Aaref talks about the influx of talent into the startup ecosystem.

[46:09] Adam and Aaref delve into the importance of maintaining an open mind both as an investor and a founder..

[50:01] Aaref emphasized how the perception of winning drives hard work and dedication within a company.

[57:38] Aaref touched on the factors that drive employee motivation and satisfaction.

[1:05:03] Adam and Aaref explored the reasons behind the failure of startups despite initial promise.

[1:11:21] Aaref shared experiences of missed investment opportunities and lessons learned from them.

[1:18:13] Outro

Connect with Aaref Hilaly:

Website -https://baincapitalventures.com/team/aaref-hilaly/

LinkedIn - linkedin.com/in/aarefhilaly

Connect to Entrepreneurial-Excellence:

Website - https://www.levy.company/entrepreneurial-excellence

In this episode of Entrepreneurial Excellence, we sit down with Dan Reich, a serial entrepreneur, investor, first responder, and founder.

Dan discusses how entrepreneurial success involves making an impact on the world and the lives of others. He shares stories of how his company's products have improved people's lives and talks about the importance of building successful companies by focusing on the market, team, and product.

Tune in to learn how to optimize life for happiness and fun while achieving entrepreneurial success!

Key Topics:

-Achieving entrepreneurial success and happiness

-Building impactful companies with the right team

-Hiring smart and making good decisions

-Embracing curiosity, drive, and taking risks

-Key factors when selling a company and thinking big

Quote From The Episode:

Life is short, make the most of it.

- Dan Reich

Timestamp:

[00:00] Podcast Intro

[03:07] Dan discusses his perspective on success, emphasizing the importance of making the most of life.

[06:15] Dan shares that he measures success by the impact he makes on the world and in the lives of others.

[08:49] Adam and Dan talk about the challenges and lessons learned from founding multiple companies.

[14:17] Dan elaborates on their entrepreneurial journey, emphasizing the importance of market, team, and product.

[20:06] Dan emphasizes the critical role of a CEO in managing cash, culture, vision, and hiring.

[23:08] Adam and Dan share their insights on evaluating co-founder relationships and hiring practices.

[30:41] Adam and Dan reflect on the evolution of their understanding of success.

[37:15] Adam and Dan highlights the crucial role of people in a company's success.

[42:26] Adam and Dan discuss the balance of compensation and equity for employees.

[49:24] Dan elaborates the balance between compensation and equity.

[1:00:17] Adam and Dan reflect on the role of confidence and lack of fear in entrepreneurship.

[1:12:25] Outro

Connect with Dan Reich

Instagram - @danreich

Website - danreich.com

LinkedIn - linkedin.com/in/danreich

Connect to Entrepreneurial-Excellence

Website - https://www.levy.company/entrepreneurial-excellence