3 Key Points:
Understand your customer pain points and alleviate them—it’s the quickest way to success.
Know your growth story and paint the vision.
Don’t waste a moment in a day—once time ticks past, it’s gone forever.
Time Stamped Show Notes:
01:01 – Nathan’s introduction to today’s show
01:55 – Ethan loves product because it’s all about understanding what the customer needs to make their life easier
02:28 – What it’s like working at Google and why Ethan left
03:55 – The Google video team was floored when YouTube was bought
04:55 – The story behind Red Beacon)
07:00 – Red Beacon made money by taking a percentage of service provide bids
08:15 – The problem with Red Beacon was an absence of usage frequency
10:15 – Companies don’t get sold, they get bought
11:30 – The original concept of MyTime was to become the Amazon of local services
12:45 – MyTime Marketplace gets 1M visitors per month
13:50 – 2/3 business still use pen and paper
15:20 – Time is precious—once it’s gone, it’s gone
16:10 – MyTime is a multimillion dollar business with the potential to become a billion dollar business
17:00 – MyTime rolls with a churn rate that’s less than 10% per month
18:24 – Be able to tell the growth story and paint the vision to investors
19:30 – www.MyTime.com) @Ethan_Anderson)
20:24 – Famous Five
