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

EP 112: He Quit Google Now Serial Entrepreneur 22:59 Share

SaaS Interviews with CEOs, Startups, Founders