#34: Ray Blakney, Founder & CEO | Rayvensoft Ventures
Download MP3If you're working for somebody else, your
range of happiness is, let's just say,
you know, five up and five down.
But if you're an entrepreneur, your range of happiness
is 100 up, but it's also 100 down.
That's the difference of being an entrepreneur.
Welcome to in the thick of it.
I'm your host, Scott Hollrah.
This episode of in the Thick of It
features Ray Blakney, a serial entrepreneur
who's built multiple businesses over the years
under his holding company, Rayvensoft Ventures.
Born in the Philippines, Ray spent most of
his childhood on the move, relocating to Turkey
and eventually landing in the US.
After five years of corporate life post
college, Ray joined the Peace Corps and
traveled to Mexico to teach computer programming.
During this time, he met his wife and
together they started their own language school.
Ray has started 22 profitable businesses over
the last 17 years, including a marketing
agency, social networks for schools and a
chocolate factory in the Philippines.
During this episode, Ray shares the importance
of lifetime customer value, learning how to
have constructive disagreements and trusting business partners.
So joining us today is Ray Blackney.
Ray, thanks so much for being a guest.
Normally when I intro the guest, I talk about their
company name as part of it, but the list of
companies is so long that I think we'll just save
that until a little bit later in the conversation.
Scott, thanks for having me on.
Yeah, I tend to have business adhd and I've been
doing it for long enough that that kind of builds
up quite a portfolio of businesses that I work at.
We've had a handful of serial entrepreneur
guests on in the thick of it.
And, man, your list is long, so we'll get there.
Man, you're growing up is incredibly interesting.
And actually, let's get this out.
You're not in the US right
now, you're in Mexico, right?
I'm about 150ft from the beach, the caribbean beach.
Yeah, life is good.
Yeah, not so bad.
But you didn't grow up in Mexico,
you grew up all over the place.
You were born in the Philippines, right?
Yeah, that's right.
So having a filipino mom kind of makes
me look Latino, so I blend in pretty
well here in the Caribbean, but, yeah.
So I was born in the Philippines.
My dad was actually a peace
Corps volunteer in the Philippines.
How he met my mom.
My dad is originally from Boston, but
he grew up in Rhodesia, in Zimbabwe.
They met in the Philippines.
I was born there, I think at around ten months old.
They moved to Istanbul, Turkey, where I spent
the next 15 years of my life.
Then I went back to the United States.
Went to a prep school in New England there for
a year or two, went to college, did my tour
of duty in Silicon Valley as a computer programmer and
consulting, Anderson Consulting, kind of the big five for a
few years, and decided I don't want to sit in
a cube anymore and quit my job.
And I also joined the Peace Corps, which
is how I ended up in Mexico.
So that's kind of the long story
of every place I've lived with.
So when people ask me, where are you from?
I'm like, how much time do you have?
You know, I can give you a quick one.
I'm american, but I also have
a Filipino and a mexican passport.
So, like, what do you mean by that?
Or I can tell you really like the background, right?
So how old were you when you moved back to the States?
You were a teenager?
1515. Okay.
Yeah, man.
Take us through Ray's life as a
young kid in the Philippines and elsewhere.
Were you in sports?
Were you artistic?
Like, what did you like to do? Yeah.
So, no, for both of them, in a way.
And I'll kind of give you the story as to why that was.
I only know this kind of looking back as an adult.
It was not something that kind of registered as
I was a kid kind of going through it.
So when I moved to Turkey and I started school
just because I was born in November, I was one
of the youngest people in my class, just because the
way the calendar year is cut off.
So I tended to be on the shorter side even
when I was in first grade, second grade, I think
my filipino blood was a little more prevalent back then.
And my mom's five foot one, so
kind of on the short side.
So I would be like the last person
picked for dodgeball and everything like that.
Like I jokingly say after the girl in
the crutches, then they pick me, like, you
know, to play on all those teams.
Then I went back to the US for two
years in fourth and fifth grade as my dad
was studying his doctorates and I skipped grade.
So now I was two years younger
than everybody else in my class.
They don't do that anymore.
Then there's a reason for it, right?
Because the difference between a twelve year old
and a ten year old, as far as,
like, emotional and physical development is huge.
My grades were fine, but, like, you know, I just.
I was always the shortest one in the school.
I had really low self esteem most of my.
All the way through college, you know, I was
16 when I started college, and so as a
result, I never really played much sports growing.
Many sports growing up because I thought it was short
and I thought it was really bad at sports.
But my classmates were always, you know, at
least half a head taller than me.
Try playing basketball with everybody.
You come up to everybody else's shoulders
and like soccer, they're more coordinated.
And then it's kind of that downward spiral.
If you read the book by Malcolm Gladwell where
they talk about, like, all the hockey players, you
know that our star is being born in January.
I'm like, exactly the opposite of that.
Exactly the opposite happened to me.
So I was really bad at sports as a kid.
Isn't that stat just absolutely astounding that the
month you're born statistically makes a major difference?
My son's born on January 13, and
when he came out, I'm like, sweet.
Like, you know, one, I'm never allowing him
to skip grade, and now he's, he is
the oldest one in his class right now.
He's four years old.
He's the oldest one in class, and he's
like the best in sports and all the
rest because he's the oldest, right?
And I'm like, finally, you know, karma is coming
back in itself from like, oh, my childhood.
He's going to experience the opposite end of things.
Now.
I did become good at sports when I was graduated college,
because once you get to, like, 21, 22, and you're out
of college, then it's not about what grade you're in.
You're all 22, like, just hanging out
with a bunch of 22 year olds.
And then I actually competed at
a national level in martial arts.
And for the first time in my life, I
realized I'm like, I'm actually good at sports.
I never wasn't an opportunity where I was competing
against people my own age and my own size.
And I'm 6ft tall.
I'm not short, right.
But, you know, when you grow up short, it took a
long time for my mind to catch up to my height.
So until I was about 26 or 27, I actually
thought I was the shortest one in the room, even
if I wasn't usually the shortest one in the room.
It was just like this mental block I had in place.
Yeah, you mentioned martial arts.
Was that your outlet when you were
young, or did you have something else? Yeah.
So I tried martial arts, like, everything.
Like, I think the mental side where I
just didn't feel very good at them.
For me, it was more the outdate myself a little bit.
Back in the eighties, those whole, like, ninja and
martial art movies were like, popular, you know, when
the geeky kid goes and learns karate and suddenly
it becomes, like, popular and saves me, girl and
all that kind of stuff.
And I remember I used to grow up watching those things.
I'm like, I want to do that.
So I'd be at home kind of trying
to kick stuff and do all that.
That's what attracted me to martial
arts in the first place, right?
Because I wanted to go through that
transformation that martial arts gave me. I just wasn't.
I didn't find any that I was very good at.
I tried taekwondo, I tried karate, I tried kung fu.
I tried a lot of them.
And then after college, I was going through all
those steps of just trying other martial arts, and
I came across this one called kendo.
I had no idea what that was.
Showed up for a practice, and I was ready to,
you know, get in a stance and punch somebody.
And then they handed me a bamboo sword.
I'm like, let's get going.
And I'm like, huh?
This isn't what I expected, but I fell in love with it.
So I've been doing japanese fencing now for
20 years, and I actually run the local
school, and I teach there right now.
I even tried out for the US national team.
Didn't make it, but I went to the actual
tournament to qualify for the US national team when
I was doing it back in the United States.
Like I said a minute ago, you've
got such an interesting background, and it
just got even more, even more interesting.
So born in the Philippines, moved to
Turkey, back and forth to the US.
What language did you all speak at home?
So my mom spoke to me in
Tagalog, which is the Filipino language.
My dad spoke to me in English.
All my friends outside were Turkish,
so I would speak that.
Technically speaking, my first language is a Turkish, just
because my first word apparently was in Turkish.
So they tell me.
I have no memory of that.
And then I said something in Tagalog later, and
I said something in English a few weeks later.
So I jokingly, when, I remember when I
was going to high school saying the sat,
and they're like, is it your first language?
I'm like, no.
And, you know, I was able to do that.
I scored pretty well on the verbal section of the sat,
but, I mean, my dad's American, ran a publishing house.
Perfect English.
It was a little bit of a misdirection there on
my part, but I was able to see it.
But I grew up speaking three languages.
I studied French in school, and then
I've picked up Spanish since then?
Since I've lived in Mexico for so long. Yeah.
Are you still pretty fluent in all the other languages?
My Turkish is rusty.
I haven't used it in a long time.
I can understand most of it,
and I'm able to actually communicate.
Just pure coincidence.
I reconnected with somebody I went to school with in Turkey
two weeks ago, reached out to me in LinkedIn, and we
just jumped on a call and we had a little bit.
The first part of the conversation was in Turkish.
She's a doctor and speaks fluent English, lives in LA.
I mean, so she does, but we just started speaking
in Turkish to start, and we flipped into English because
it's definitely less uncomfortable for me to speak English than
it is for me to speak Turkish.
Now, you mentioned you've got a four year old.
How many languages does he speak?
He only speaks two for now.
Okay, well, at four years old,
we'll give him a little pass.
He's got until five to learn his third language. Right.
I'll give him till then.
Otherwise he's out of the house. Right. All right.
So as a 15 year old, you moved back
to the US and you went to boarding school.
What was that transition like?
Your parents are still in Turkey and you're
half a world away in a boarding school.
What is that transition like?
I'll be honest, I didn't fit in very
well to the boarding school on multiple levels.
So my parents were not wealthy. They.
We were able to get into the boarding
school because I had pretty good grades.
And they also wanted to check off some of the.
About 20% of the school. They always.
They proud of them.
They were proud that 20% of
the school was always international.
So I came in as an international
student because I get multiple passports.
I didn't use my us passport.
I used my filipino passport.
So, yay, demographics.
They were able to kind of check that out.
So they give us a scholarship because
it costs as much as college.
My parents couldn't afford it to pay that without.
But my school in Turkey ended after my
sophomore year, so there was no choice.
I had to find another school somewhere else to go to.
My family had gone boarding school in that area in
New England for a few generations, so we kind of
knew the scene, so to speak, of the boarding schools.
When I got there, a few things happened.
The first is I was surrounded by, like, the elite of
the elite of the elite, as far as finances were concerned,
not the world that I'm used to coming from.
Some of the stories I'll tell is my there was
a saudi prince who wanted to date my sister and
offered to fly her home in his private jet.
Like, I mean, that level of people that were there.
My roommate, my first year, had crashed five cars by
the time I met him for himself when his mom,
because he had a problem with drugs and alcohol.
Really nice guy, but he just
drank, and he went into rehab.
Later I found out, but his dad was
so wealthy, was a super wealthy real estate
developer in New York City, and it was
just, like, inconsequential, like, okay, another car.
Here you go.
I mean, that kind of stuff.
Not going to say they were nice.
Like, I met them, they were polite,
and they were nice with me.
There was no kind of outward shunning,
but I just didn't fit in. Right.
Because that is not the world that I grew up in.
I, you know, they would say
things and I wouldn't understand.
So there was this one level of separation there.
The second level was a little more subtle
in that if you're listening to this podcast
on your earbuds, I sound 100% american, right?
You know, I should understand all these american
references that you make, but I didn't.
And that was my next level of separation.
They would make cultural references like american football,
which I vaguely know the rules now, but
at 15, I have no idea.
You weren't exposed to it.
Like, I couldn't tell you the first.
Yeah, I didn't grow up in the US. Yeah.
And this is pre cable, you know, big cable tv where
you can watch NFL on Netflix anywhere around the world.
Like, that wasn't it.
I vaguely knew it existed.
I might have seen a game on a movie once.
Like, I didn't know what that was.
So people started talking about
baseball teams and football teams.
I have no clue what you're talking about.
Popular shows on tv again, pre streaming,
pre all the rest of it.
I got reruns that were, like ten years old.
Like, I mean, I have no idea what
the latest shows here in the United States.
So they would look at me odd when I would.
They would make a joke and
I wouldn't get the reference.
It's like, wait, you're american, but
why don't you get it?
I'm like, I'm american, but not really.
And that was kind of a thing.
So they actually have a name for kids like me.
They're called third culture kids, right?
Where you have parents from two different cultures and
you can grow up in a third one.
And there's a bigger population of us now, but back
in the day, like, there was no definition to that.
So unless you are a person whose parents are from two
cultures and you grew up with a third one, like, a
lot of my life experience is very hard to relate to,
and I didn't realize that as a 15 year old.
I do realize that now.
And now that with digital nomads and people
living around the world, it's like, I find
a lot more people who understand me.
But back in high school, that
was definitely not a thing.
You know, it's so interesting.
You spoke the language perfectly, and to your
point, you sound like any other American.
Maybe not with that thick Boston accent,
but the cultural references are so important.
I remember, like, in high school, taking spanish class,
like, we'd read books, and we would watch, like,
spanish soap operas and things like that.
And at the time, I don't think I understood, like,
it wasn't just that we were learning the language.
It was that we were learning some cultural references.
When I was in college, I
had an upper level marketing instructor.
My degree is in marketing.
And she and her husband had both taken jobs
at Texas A and M, and they had moved
from India to come teach in America.
And I will never forget, there's this one
day, she's talking the class about a merb,
and she keeps saying, merb, merb, merb.
And, like, we are all just lost.
I mean, we're literally looking at each other
like, what on earth is she talking about?
And after, like, the fourth or fifth time she
says it, she realizes that we're totally lost.
And she looks at us like we're crazy.
And she says, merb, mercedes Benz.
And we're like, that's not a thing here.
We don't call it that here.
But to her, like, it was totally normal.
So I got to believe that that
fish out of water experience was.
Was probably pretty similar.
The example I would use is, you know, british humor.
In the UK.
In the US, we speak the same language.
I mean, different accents.
We speak the same language.
But most Americans, when they watch BBC comedies,
they're not rolling on the floor laughing.
I mean, we physically understand what's going on.
We just don't get.
We don't have the cultural culture
behind it to make that funny.
Same thing with the British,
if they watch our comedies.
And again, a lot has changed because
us culture has become, like, global culture.
But, like, back in the day, they would watch
us comedies and, like, why is everybody laughing?
Like, this isn't funny to us?
And I'm sure in Australia, it's the same thing.
And as you said, in India, it's the same
thing we speak, especially in the educated class in
India, they all speak fluent English, but there's just
so much other culture behind that that they can
say certain things that mean nothing to us, even
though we understand the words.
For the record, the US office is
far superior to the british office.
I actually totally.
I entirely agree.
Even though so many of the jokes from season one
were the same, it was far better executed stateside.
We might be biased because at least in my case, I
saw the US office before I saw the british office, even
though I know the other one was around before.
So maybe a little bias there. Fair enough.
All right, so you've got these
different layers of separation, differentiation.
I forget the word you use, but that
had to have been a little bit awkward.
How did you get through that?
Okay, I'll put the premise in there.
You're assuming I did in the sense that
I was able to kind of acclimate myself. Culture.
I was able to. At least.
One of the things I learned growing up was I
was able to fake fitting in very, very easily. Right.
I was able to do that kind of adapt
quickly because my school in Turkey was the international
school, so about 67% of my class was new.
Every single year, they'd be expat parents who
would be coming in for one or two
projects and us companies or other foreign companies
studying the school that they'd be gone.
So I might like my class one year,
then the next year I don't like it
anymore because the students are entirely different.
So what I didn't when I came to the United States
was I learned to fit in like I, you know, I
learned to pretend to know what was going on when we
watched the Super bowl and I learned the rules of baseball
just so I could sit down and actually knew what people
were talking about when they were doing it.
I still didn't have the passion that
somebody would have grown up watching a
baseball team and following them as.
So, you know, if you tell me what player was on
the Red Sox in 1996, I'm like, I have no idea. Right.
But at least enough that I could
actually pretend that I belong there.
And I actually did that all
through high school, all through college.
I even joined a fraternity in college because I
thought it would make me belong more in college
than just kind of being a GDN, I think.
So what we call them. Oh, GDI. GDI.
Goddamn independent is my call.
Everybody not in fraternity, I was like,
what was that phrase we used? Yeah, exactly.
So I joined one just because I'm like,
okay, this will make me blend into this,
make me fit in a little bit better. And it did.
I mean, you know, it helped me and kind of acclimated.
You kind of get a certain status
and social standing by joining fraternity.
You don't even have to go out looking for parties.
They just come show up to you. Right.
So it's kind of that kind of environment.
That's how I did it for the next about ten years.
And where did you go to college?
I went to college in Ohio at
a school called case Western Reserve.
Okay, having spent most of your life outside of
the US, how did you pick that school?
They gave me a full ride.
Okay, that made it easy.
No, that was pretty much it, yeah.
I mean, like, you know, I got into some better schools.
My dad's went to Harvard and my aunts
and uncles and went at MIT, all that.
But we couldn't afford it to go to any
of those, and case Western gave me a full
ride, so that's why I went study there.
Makes for an easy choice.
Exactly, exactly. It was a money thing.
And what did you study again?
I studied computer engineering.
All right, so there's computer science and
there's computer engineering, and computer engineering, I
think, is more of like a blend
of, like, the hardware and the software. It's not.
It's a little bit where I
think computer science is more software.
Is that a fair, kind comparison?
That's absolutely right.
So I studied computer engineering because I wanted
to be called an engineer, even though I
have no interest in the microchips and cmos
and, like, getting all those things together.
I had no interest whatsoever.
I just did it because I wanted to be able
to say, I'm an engineer and a computer scientist is
technically, I mean, it's a bachelor of science.
You can technically say it's an engineering degree.
You study the school of engineering.
But then, you know, people look at you
and you're not an engineer, you're a scientist.
So you had to go through thermodynamics
and all kinds of physics and.
Oh, that was awful.
Pv equals nrt. That's all I remember.
I don't even know what that stands for, but,
like, that was a formula from thermodynamics that for
some reason is, like, implanted in my brain.
But, yeah, I have to do thermal, like
at least two semesters of thermodynamics, even some,
like, structural classes on struts and strains.
I remember doing that at civil engineering school, so I
had to do a lot of those kind of things.
I was listening to Mark Rober, the youtuber.
I was listening to a podcast with him just yesterday, in
fact, and he threw out y equals mx plus b.
And I'm like, I totally remember that.
I couldn't tell you what YMX plus B equals.
I know it's important, but I don't know.
I couldn't tell you today.
I was telling my son, like,
sohcahtoa the other day for, like.
Cause he was learning triangles.
I'm like, soh cah toa.
Like, I don't remember what it means, but it's
got something to do with figuring out how long
one of the sides of this triangle are right.
Like, just left from high school.
It's like, sine cosine something or other hot noose.
Or there's like, a botanist, and
they're like, what's the o?
I don't remember.
I'll figure it out when you're, like, twelve and
you're studying, and I'll reread it again, but right
now I have no idea what's going on.
All right, so computer engineering.
And did you have a clear sense of what you
wanted to do on the other side of college?
So I'll take a step back to
kind of my life in Istanbul, Turkey.
There's actually an interesting change there.
Again, I was the smallest one in my
class, so we were lucky to get, like,
a computer lab at a pretty young age.
Like, I started learning how to code when
I was nine or ten years old, right?
We're talking, like, these old Apple computers called Apple
two GS's, where floppy disks were really floppy, and
we'd kind of put them in there, and I'd
learned to code on one of those.
And instead of going out and playing with the
other people in the class during recess, because I
was really bad at sports, I would go in
there and I play with a computer.
I remember that I would actually be helped, you know?
I would know way more than a computer science
teacher was just like, she did that on the
side from, like, teaching history or something like that.
It wasn't like teaching computer science was
not a thing back then, right?
So she would go in there.
Within three months, I knew way more about how to code
this thing than she did, so I would actually help teach
classes and stuff like that when we were doing it.
So at that point, I fell in love with coding, and
I'm like, okay, I think I want to do this.
Obviously, like most geeky ten year olds.
Why do you want to code?
Well, I'm going to make computer games
because that's going to be amazing.
They're so much fun to play.
Imagine how much fun it is
to actually make these things.
So I go into college.
I kind of followed that step
all the way through college.
And then while I was in college, I took
a class on making computer games, Ms coding.
And I'm like, wow, this is nothing like playing them.
This is awful.
Like, I mean, you know, this is just, it's work.
It's drudgery.
And since then, I've actually learned about how
bad the industry of computer game programming is
and how they burn out their programmers.
I mean, it's a, they're essentially sweatshops
to meet meet the deadlines of releasing
the games and stuff like that.
People think it's a sexy thing and it's really just,
just grinding and grinding and grinding out code that's with
a huge deadline with managers on top of you.
Like, the business can go bankrupt next week because
if you just, if the release does not go
perfectly and the sales doesn't go perfectly, you're out.
Like, it's not usually sustainable.
Businesses like these computer game companies can be
top of the world for like five years
and then bankrupt like a year later.
I mean, it's not a stable business.
I would never go into it. I never invest.
Like, I mean, it's just not something that's stable.
I learned that in college.
So I'm like, okay, let me go and do what
most people are supposed to do after college, right?
Our parents taught us to do.
Go and get a good job, work there for
30 years, retire and get your gold watch and,
you know, and then start living your life.
So that's what I was planning on doing when I left
college, was to get a good job and work there.
And real quick, what kind of work
was your dad doing in Turkey?
Was he still with the Peace Corps or was he.
No, no, he was the head of a publishing house.
While we were there.
He was the editor of publishing house.
And they would print books.
They would translate books from English into Turkish.
So that was kind of their specialty.
And they had ran the number one dictionary, actually,
there's a green one, if you're watching on the
video up there on the back, that little green
book that is actually still a copy from back
then because my parents had a whole bunch.
So I carried one around with me.
It's called the Red House press.
I don't know if it's still around.
They sold it off to a local company back
in 96, 97 when you say they sold it
off, were your parents owners in the business or.
No, they were not. They were just editors.
They, as the owners of the business, sold it off.
And so at that point, my dad lost his job because
he was the editor, and they didn't want him on the
payroll, so he had to move back to the United States.
He made a career shift at that point.
All right, so you graduate college,
and this is, like, late nineties.
The graduate college would be 2001.
So just after the late nineties. Yeah.
Okay, and so you moved to Silicon Valley,
and if this is zero one, then this
is, like, right after the.com bust.
Right before, actually.
So I graduated from college after
I moved to Silicon Valley.
I dropped out of college for, like, a year and
a half, two years, to go up to Silicon Valley.
So I went over there.
I had not completed my degree yet, but, yeah,
it was the roaring end of the nineties.
Everybody needed programmers.
I had, what, two years of college
programming experience, which really amounts to nothing.
Like, I learned way more when I
was working out there than anything.
Any college professor that would teach me, I'll
admit I might have fudged my things.
Do you know how to code Asp?
I'm like, sure I know how to code Asp.
So I had this code Asp in 21 days
book I was reading on the flight over.
I'm like, let me learn how
to code Asp while we're there.
First few days, I was just kind of fudging
it, kind of copying everybody else's code stuff.
But by, like, month three, I was able to do it.
They were paying me pretty low salary because I
was kind of a very entry level coder.
And I just lived there working six, seven days
a week, one room in a triple apartment for
about a year, year and a half.
The company I didn't view guest
stock options was at 18.
I had no idea that that was something I
should be asking for in the first place. We went up.
We showed up on CN's tech minute.
I actually wrote one of the first applications that would
send money out via phone, ever like on the old
phones where you have to, like, you know, hit the
button three times, put a letter in there kind of
thing, using something called lap wireless application protocol.
And I wrote one of the first applications
for that, and it was on CNN. They showed.
My application showed $50 or something from one
person to another, and everybody's like, wow.
Yeah, this is, like, as PayPal is,
like, really becoming a big thing.
And it was across the street from PayPal
we would sneak into PayPal's cafeteria because they
had much better food than we would.
And we'd just tell people, hey, hold the door.
And we would run in there because they didn't check.
Once you were inside, it was just like a cafeteria.
So I have eaten in PayPal's cafeteria multiple times,
pretending to be an employee there because it was
a lot cheaper than paying for my own food.
Did you ever run into Jack Dorsey or Elon Musk?
Or would you even known who they were back then?
No, I wouldn't have had any idea
what these people were back then.
I'm sure like Elon Musk, if they walked into
the cafeteria, I'm sure the whole cafeteria would have
been enough of an uproar that I would notice.
But like, no, I did not
run into those people back then.
So you did get to be part of the.com bust then?
Thats why I went back to college. Bust.
So we went down.
Within six months, the company ran out
of money, went back, finished my degree.
Lets go back to when you decided to drop out or
take a break or however you term it these days.
You talked a minute ago
about your parents being conservative.
You go to work for the big company, you worked
through your whole career, you get the gold watch.
When you said, hey, mom, dad, im going
to step away from college before I finish
my degree, what was that conversation like?
It actually wasn't that bad because they understood.
And this is the same thing I'm teaching my son.
You can always go back and complete college.
You can be 60 years old and get your degree.
It's something we grow up with at college,
is what you do right after high school.
I don't really think that's the right choice
for a lot of people looking back. Right?
Like, I'll fill in with a story there as well.
So I went to that New England prep school.
A lot of people very well to do there.
And I remember one of those days, the people
from D A R e came over talking about
drug abuse and all the rest of it.
They split us up in these small groups.
So we kind of go into different parts, parts
of the campus, and we're all sitting on the
floor, about 20 of us in a room.
And the person who's with us, the recovering drug
addict who's speaking with or the recovered drug addict
who's speaking with us, asks, so how many of
you want to go to college after high school?
We all kind of look around the room confused.
Like what?
We all raise our hands, like, obviously what
else do you do after high school?
You go to college like that.
Just, it's like you go to second
grade after you went to first grade.
That least is what it felt like to us.
It wasn't until years later that I realized,
you know, this person probably goes to hundreds
of other schools where, when he asked that
questions, maybe 10% of the answer.
But at least the way I was brought up,
you know, it's junior high, high school, college.
It's like, that's just the progression
of going to going to school.
But at least my parents understood enough that
when I took a, you know, like, hey,
I'm going to take some time off. I'm going to try this.
They're like, okay, you can always go
back and finish your degree later.
They had the understanding that I would finish my
degree like, it just like, maybe not on the
exact time frame that anybody else wants, but then
I go back and finish my degree.
So they were not really that against it, right?
That was the plan going into it was, I will finish,
but I need to try this for a little bit.
Yep, that was it.
And it served me, too, because I got jobs
because of my work experience, not because of my
college degree, because I graduated right after the bus,
and there was not that many jobs out there.
I had two years of experience actually writing code.
While some of my classmates who had better grades
than me had never actually worked in a company
before, I had three job offers when I graduated.
I know many of them, you know, waited three,
six, nine months before they found a job.
Thinking about how you approached class before you
took the break and how you approach class
afterward, was there a shift at all?
Was the teaching more meaningful?
Did you get more out of it, or
did you get less out of it? Less. And I'll tell you why.
So for high technology jobs, universities are not.
I'll use a kind of blanket statement.
I'm sure there are certain universities out there that are
better at this, but the whole university system is, if
you want to teach a course, you have to propose
it to a board of professors, and it may take
three, six months, a year, two years for the course
to actually get approved before you can actually teach the
course in tech, that's a lifetime, right?
You know, if you propose, I want to teach
whatever the latest.net or PhP ten or whatever that
people are using right now, and two years down
the road, you get approved for it.
By then, you're on to Php 15 or the
new Laravel instance, or whatever it is, it's useless.
So I would go there.
I remember I took c in college when I was in college.
That was old.
Like, I have never used c in the
real world since college, like nobody else did.
But that's all the professors knew, because that's kind
of the academic world that they lived in.
And I remember going in there, I didn't take
a single class in databases in my entire degree.
Like, not a single database class while I was there.
And I would go into the classes, and
they were talking about these theoretical, like, design
patterns and all the rest of it.
I was like, this is not what people use
when they actually go out and do their job.
Now, my grades did go up when I went
back, but there were two reasons for it.
The way my university was set up.
First two years, you have to do all these
core classes that weren't really in your specialty anyway.
And I was like, why am I doing
a year and a half of chemistry?
A c in alignment.
A c, like it means something,
but, like, I don't really care.
Like, this got nothing to
do with writing computer code.
When I got back, junior and
senior, it was almost exclusively encoding.
And now that I have real world experience, like,
I could blow through most of those assignments because
they were just like, this, do this.
I'm like, yeah, I did that, like, 50
times in a week back in my job.
Like, this is not any challenge at all for me.
Like, figure it out yourself.
I'm like, I didn't figure it out.
Somebody else showed me, and I just copied it a hundred
times, and eventually I knew how to do it right, man.
Well, so after you, you graduated, you, if I
understand correctly, you kind of did go do the
corporate America thing for at least a little bit.
About five years. Yeah.
And you went to Sherwin Williams. That was the last one.
So I did consulting in one of the big five for a
year and a half, two years, and then I ended up at
Sherwin Williams, and I worked there for four or five years.
Four years.
So added up to about five years.
Five or six years while I was there. Yeah.
And that was my corporate experience.
I tell people I worked in LeBron James's
armpit for about a year or two because.
The Sherwin Williams building.
Akron, Ohio.
Yeah, back in Ohio.
So the Sherwin Williams building is the one where
there's this big believe, black and white believe poster.
Right, with his arms outstretched.
That was the building I worked in.
What you can't tell when you look at it on
the tv is there are actually little holes in that.
Right.
So from people behind that can actually see
outside my window was LeBron James's armpit, and
I could actually look out through there.
So I worked at LeBron James
armpit for, like, two years.
I tell people that needs to be
on your LinkedIn profile, I think.
So that's my biggest claim to fame to date, is like,
I've worked in LeBron James Armpit for about 24 months.
That's great. All right.
At that point, when you went to work at Sherwin
Williams, were you on the 20 year gold watch plan,
or did you have kind of a restlessness still and
knew that that was just going to be a.
A stop for a season?
Yes to both of your questions.
So I went in there and I thought I wasn't.
Was it 23 at least?
Speaking for myself, I wasn't really thinking
of future plans when I was 23.
Like, 23 is like, make a paycheck to go out
and, you know, maybe meet somebody and all the rest.
Like, that was kind of my focus.
And put an outpayment on your
house, pay off your car payments.
Like, I wasn't really thinking past one or two.
You know, I put my money into a 401K.
That was my long term, the limit of
my long term planning while I was there.
So I'll tell the story of what kind
of jumping ahead while I was working there.
And the thing is, when I worked
at Sherwin Williams, everything was fine.
And when I talked about this, I actually want to
put the capital letter fine, because the problem is, a
lot of us get stuck in jobs that are fine,
and that's what's the hardest thing to break out of.
If everything's going badly, you
have an incentive to change.
If you hate your life and you're
miserable, you have an incentive to change.
The thing is, most of us are not miserable.
We're just okay.
We're good enough.
And that's where I was.
They treated us well.
They paid me well enough.
I could have probably stayed there 30
or 40 years and been fine.
But three things happened, actually to change my life
after about three, three or four years into it.
The first one was, I remember I was
in Cleveland, Ohio, and I went out to
a bar called the blind pig on Halloween.
And I remember I was standing on stage, not
because I was actually performing, but because the ground
floor was, like, crowded, there was no band.
So a bunch of us got on stage
because it was just easier to stand there.
And I was sitting there drinking a beer, talking
to some friends, looking out over the crowd.
And I remember thinking, I'm like, I'm 25, and a
lot of the people in this room are 510 years
older than me, and I know they've been in the
same bar, at the same party with the same people
getting droned for the last five or ten years.
And I remember my drunken haze you were
talking about, like, was it a nagging feeling?
This is when it came out.
I'm like, I don't want to be in this bar
ten years from now with the same people, getting drunk,
doing the same thing, like groundhog day every single year.
I don't want this to be my life.
So the next day, I wake up hungover, go
to work, because when you're 25, you can get
drink, wake up the next day, and at least
pretend to function at work the next day.
So I go to work, I'm sitting there in
my cube, and my boss comes in and says,
hey, ray, there's a team lead who.
We're celebrating his anniversary here at the company.
I was also a team lead at the
time, so I vaguely knew who he was,
but we weren't, like, good friends or anything.
So I get up, and we walk
into one of those conference rooms.
Any of you are listening who kind of been
in the corporate world will recognize the conference rooms.
It's one of those in the middle of a
cubicle where there are actually no windows, and it's
those kind of squishy walls for sound absorption.
And there's a full wooden table in the middle and
these kind of, like, obnoxious lights at the top.
And on top of the table, you'll see
the cheese platter with the grapes and those
little plastic plates for you to go there.
So I go and get my crackers and grapes and
everything, and I'm eating it, and I go and say
congratulations to the person who was celebrating the anniversary.
He looks 80 to me, but he was probably
in his fifties, because when you're 25, anybody older
than, like, 40 looks really, really old.
And after about five minutes, the CEO of a company
walks in, and he walks up to the guy at
the end of the table and says, congratulations.
Thank you for 30 years of
dedicated service to a company.
And he gives him a watch and a plaque.
And I remember sitting there looking at
him like, huh, this guy's been working
here longer than I've been alive.
I'm sure his life is fine.
You know, he's a team
lead, probably making six figures.
Kids probably went to a good college.
He probably is almost done paying off his mortgage,
but he's been, you know, he's been coming to
the same office doing the same thing.
I'm sure it's changed stops a few times, but, you
know, generally the same thing for the next 30 years.
So for the second time in 24 hours, I thought, I
don't want that watch and I don't want that plaque.
So that night I went home and both
those things would go through my head, right?
What happened in the bar the night before
and what happened at work that day.
And there was a commercial on tv that I'd seen before.
But like, you know, you have to kind of sometimes
the messages, you need to hear them at the right
time in your life for them to actually register.
And this was for the US Navy and all my respect
to those in the Navy, but if you start shooting at
me, I start running away as fast as physically possible.
So it did not inspire me to join the Navy.
But there was a quote.
There was this particular scene in the commercial where it's
nighttime and there's these waves rolling up on the beach,
and out of the darkness a dinghy comes out.
Six Navy seals dressed in black jump out
guns are then up there in the stars. They write.
If they were to write a book about
your life, would anybody want to read it?
And I remember sitting there, all those past thoughts
going through my mind and just looking at that
and thinking, no, I wouldn't read my own book.
What I was going to say, I sit in
a cube every single day and I write code
and then I write drive home, like, no.
So the next day I went to work, got home,
got on my computer, applied for the Peace Corp.
Usually it takes one to two years for the
whole process to finish mine took 90 days.
From the day I hit submit to the day I touched down in
Mexico, I had to sell all my goods, quit my job, sell my
condo, sell my car and everything I owned in 90 days.
So that's how I transitioned
out of the corporate world.
Trey, that's a dramatic, dramatic change.
And the fact that at 25, you had that
maturity to look at what was going on around
you and recognize, I don't want this.
But then also coming from a background where your
parents were, hey, this is what you do.
You get that gold watch to say, nope,
im going to do something about it, and
fairly drastic, I might say thats huge.
Had your parents talked to you growing
up about doing the Peace Corps?
Had you ever considered that this was
something that you would want to do?
Did they influence that? Yeah, a little bit.
My parents met the Peace Corps.
My dad was a peace corps volunteer
and my mom was Peace Corps staff.
Ironically, I ended up marrying Peace Corps staff.
Thats how I met my wife.
She was a Peace Corps staff and I married her as well.
So im joking with my son.
Get to your mid to late twenties, have fun
till then, join the Peace Corps, get married.
Like, you know, don't worry about it
until that phase of your life.
Yes, they told me about the Peace Corps.
It was kind of always in the back of my mind,
even after college, like, I thought about it, but I'm like,
Peace Corps volunteers make a few hundred dollars a month.
From a financial point of view,
that's not exactly the best move.
So even for me, my plan was not to
join the Peace Corps and get become an entrepreneur.
My plan was to join the Peace Corps, come back and
get my MBA because a lot of universities offer full ride
scholarships to people who've been in the Peace Corps.
That was kind of the play that
I was going for over there.
So I do two years, learn another language
which I knew was gonna be a bonus.
Then I come back here, get my MBA.
I did want to get international work, but getting
work internationally, at least back then, had this catch
22 where you needed to have international experience in
order to get an international job.
But without an international job,
you wouldn't get international experience.
So how's it going to work? So like Peace Corps will
give me the international experience.
I'll come here, get my MBA, and
then we can move on from there.
And that's kind of what was the
plan when I joined the Peace Corps.
This whole entrepreneurship thing kind of just happened by accident
when I found the Peace Corps and I'm sorry, you
were in the Peace Corps for three years?
Four years, something like that.
It's 26 months is the term.
So it's three months training, three or
four months training, and then two years.
And did you spend your whole time in Mexico? Yeah.
So the Peace Corps sends you to specific countries.
So the Peace Corps works in, I don't know the
number, but 50 to 100 countries around the world.
When I was there, you didn't actually get to
pick the country they sent you to, right.
You could just say, this is my skill set.
You have to be willing to go
wherever you could be the most help.
And when you apply for the v
score, they give you this code.
Like, this is your application code.
And there's like, there were these forums online trying
to break the code down and decipher it.
The main thing everybody wanted to know was
like, which countries they might be going to.
And there was this one letter in the code
that I couldn't figure out what it meant.
Like everything else I knew, like the date and all
that kind of stuff, and it had k on it.
So I'm like, okay, k.
It must be a country that's starting with a k.
So I read everything I could
find on Kiripati, Kenya, Kazakhstan.
Like all these countries, they're like,
nope, you go to Mexico.
I'm like, oh, after all that time
researching these countries, you get sent to.
You know, I get sent just out of
the border, but it worked out the best.
Where did you want to go?
I had no real bias.
I didn't really care.
I've grown up overseas.
I alluded to it with this kind of story
earlier that I actually feel more comfortable when I'm
not supposed to fit into a country than I
do when I'm supposed to fit in.
In the US, I'm supposed to fit in.
So I feel very uncomfortable here
in Mexico or wherever I'm at.
If a local tells a joke in a language
and I don't laugh, nobody looks at me weird.
No, he's american. Obviously he's not.
I mean, he might speak Spanish, but he's
not going to laugh at the joke.
It's because he's american. Right?
Totally understandable.
If somebody makes a joke in the US and
I don't laugh, everybody looks at me weird, right?
Because I just don't get the cultural side of it.
So I'm like, I don't really care.
Send them over wherever you want.
I'll do whatever you need to do.
What kind of work were you doing in the Peace Corps?
Ironically, I came down here to teach people how to computer
programs, so I was doing a very similar job when I
was doing the United States, but they sent me to a
state called chiapas, which is on the Guatemala boards.
The poorest state in Mexico, or at
least it competes to be the poorest.
Every year, the two states that kind of
alternate positions, and I was like the only
certified Java programmer in the entire state.
So I was kind of working at the equivalent of
the US National Science foundation, like one of their centers,
and I was kind of helping foment that and also
helping with a small business of the local indigenous people,
which was kind of my first slight step into business.
Obviously, they sent me there like, you're
american, you must know business like.
No, they knew way more about business than I did.
These people have been it for generations.
What was I going to teach?
What was I going to teach them? Nothing.
But I went in there with, ostensibly to
help them on their marketing and their business.
All right, you get to the end of your time.
You've met your wife.
Did you propose, like, quickly?
Did you guys date for a while?
We lived together for about a year and a half.
Two years. Right.
So what happened was we dated while we
were in training in the central Mexico, which
is where we were doing the language lessons.
Then I moved out to southern Mexico, and she came down
a few weeks later, and she stayed at my place while
she said, can I stay at your place for a few
days while I look for my own place? Right.
So she stayed at my place, and then the whole
looking for my own place never quite panned out.
So she lived there for about two years.
Right at the end of the Peace Corps.
We started talking, was like, okay, well, I proposed to
her about two years in, so, you know, about three
or four months before it was done, and we started
talking about what we wanted to do next.
And she's like, I've always wanted
to start a language school.
So she was actually the one who kind of had that idea.
And I'm like, oh, that sounds like fun.
Like, you know, we're both young.
Luckily, you know, we have parents that love us.
The worst case scenario, we're just gonna go, you know,
they take us back in for a few months.
She's a bilingual trained teacher.
I'm a computer engineer. We'll get jobs.
I mean, you know, that's not gonna be the problem.
Let's give it a shot with no real expectations,
no real business background to fall back on.
And so we decided on the language school.
We actually had our wedding in the same
building where we opened our language school because
we couldn't afford to have anything anywhere else.
We asked for money instead of gifts for the wedding.
And then we had money come in.
That was just enough to cover the wedding.
Like, we broke even.
Like, on our wedding was like, zero.
We'd like your guests funded your wedding.
Our guest guests funded our wedding. That was it.
Like, you know, we asked for the money.
It was like, our wedding was, like, cheap.
This was at a property.
We brought in taco ladies who,
like, made tortillas and stuff. Taco.
I think the whole thing came out to, like, 1500 bucks.
And we got almost exactly to the dollar.
Like $1,500.
People give it $20, $50, $100,
$200 for, like, more direct family.
And it ended up paying for the
wedding, but, like, no money left over.
And then the next week, we put
tables in half those rooms, because we
couldn't afford to furnish the whole thing.
We opened up our business and
we'd sleep on the floor there.
We used to have an inflatable mattress
that had a hole in it.
So I always used to say we fall asleep on
a mattress and wake up on the floor because it
would just slowly deflate as the evening was going on.
We lived there for about the first two months.
The business, we'd roll it up, put it onto the
office desks, put on, like, what I thought was business.
So like, you know, button shirt.
My corporate days.
And students would show up and
we would give them classes. She was the teacher, I was
the administrator when we started.
And who were you teaching?
You were teaching local indigenous people?
We were teaching, actually, foreigners who came to Mexico
to learn Spanish, so they would fly in there.
During that time.
The last six months in the Peace Corps,
we knew we were going to do this.
So I threw up a website, and for
those who are, like, thinking, oh, that must
have been easy, it was computer programmer.
Look, computer programmers are not
people who make websites.
Like, you know, I was the guy at the bank when
you hit submit and it makes all the payments go through.
I made that happen, making the button, the payment button look
pretty, that I had no idea how to do that.
Making the whole website look pretty.
I had no idea to do this again.
This was 2006, 2007.
You could not go on a theme forest and
buy a really pretty design back then, like, you
had to do, do it from scratch.
I went onto a website and I thought was okay, I would
say view source, and I copy and paste the HTML code.
And then I just started playing with it from there.
Like, that was how I did it.
Our first website was probably God awful.
Not probably, I will tell you, it's got awful.
You can still find it if you go to, like,
you know, the archive.org and see the history of it.
Like, it's a really, really bad looking website.
Yeah, the wayback machine. Exactly.
So if you go in there, it is really, really awful.
But I also learned something called SEO
at the time, so search engine optimization.
And I ended up being really good at that as well.
And essentially, we were the only language school in
Mexico at a full time SEO on staff. Right.
So before we even launched, we were number two
in the country if you ever looked for any
language schools in Mexico, which means within 30 days
of launching, we were fully booked.
And people, we would ask for a 50%
deposit for anybody who would come down.
So they would send the deposits ahead of
time we would use that to buy furniture.
So we actually had tables and chairs in the room.
When they showed up, we were lucky.
One family of nine came down.
They said, couldn't you just pay everything upfront?
We're like, yes, please.
And that might help furnish, like, half
of our school just for that.
And that's how we started our school up, because I only
had $2,000 in my bank account when we launched that.
That was what the Peace Corps gave me to pay, buy
a plane ticket back to the United States and to get
a deposit on my first apartment when I got back there.
But we used all of that to start the business. Wow.
So these reformers that were coming to Mexico to learn
the language you've done, the SEO business is booming.
Did people choose to come to that particular part
of Mexico because that's where your school was?
Or were these people like, hey, we're
just going to go to Mexico.
We'll find a school when we get there?
Or were you the draw to
that particular part of the country?
So the keywords we would go after in
those days were like, spanish schools in Mexico,
because for the specific city we were in,
there wasn't enough search volume for that.
We ranked number one in that city, too, but we
wouldn't be able to build a business off of that.
We did more general, learn Spanish in
Mexico and spanish schools in Mexico.
And we were number one, number two in all of those.
And then I was customer service.
And arguably I blew people out of the water.
It wouldn't be more than 30 minutes
to an hour before I answered.
It was 11:00 at night.
I would wake up and get to
my computer and I would answer you.
And I'd be right.
Dissertations with all the information you wanted,
like detailed answers, every single one.
Because I didn't know it was called that at the time.
Essentially, we were doing high ticket sales, like,
you know, as you come down to Mexico,
this is not a $50 trip.
You're spending $1,000 on your plane ticket.
Plus you stay with us, which
by week we were probably undercharging.
But, you know, you stay for a month.
Some people give us four or $5,000
for like a two month stay.
We put you with a mexican family to stay
and with your housing and all the rest of
it, it needed to be white gloves.
So I learned a lot about customer
service while I was doing that. I also.
I gave the tours in the schools.
I would wait for them at the school when they arrived.
So I'd be there from midnight to people showed up,
introduce them to the mexican families, and I'd wake up
5 hours later the next day and go back into
school, take out the trash, and welcome them to school
the next day so they could start their classes.
So no days off for about a year or two, man.
So I didn't even think about this.
You started with, you know, this is a very
poor part of the country, so it stands to
reason, like, there's not a Marriott, there's not a
Hilton there for people to stay in.
So you had to actually, this wasn't
just, hey, come and find your own
accommodations and we'll teach you the language.
You had to provide a turnkey service for every
aspect of their time there at the school. That's right.
It was also the full immersion experience.
Because when you came with us, I'd speak
English to you, but I'm like, starting Monday,
I'm not speaking English to you anymore.
I'm only going to speak to you in Spanish.
If you need anything, you need
to speak to me in Spanish.
The families that we put you with
do not speak a lick of English.
So you want some salt for breakfast?
You better learn really quickly how
to say salt in Spanish, right?
I would bet we didn't come up with that.
That's how the Peace Corps taught me languages.
That's why within three months, I went
from zero to conversational in Spanish.
Not fluent conversation just means I could go
out there and hold basic conversations with people.
But that's if you really want to learn
something, immersion is the way to do it.
You want to learn how to code?
Sit down, just start coding 10 hours
a day for the next 100 days. Ill narco.
You want to learn Spanish?
Go to Mexico, dont speak any English, and try
to survive only with Spanish for 100 days.
Will you be a native speaker?
No, you never will, because we talked about
it before, the cultural baggage and all the
kind of stuff about the jokes that you
want to understand, but within three to twelve
months, you would probably be conversationally flawed.
At my level, after a year, I could talk
about philosophy and history and all that in Spanish.
Sarah, I make degenders would get wrong every
once in a while, and I conjugate.
They have multiple people b's.
I get those wrong every once in a while.
But that didn't keep other people from understanding
what I was saying, and I could understand
what they said back to me.
That's kind of the lovely
most people should aspire for.
So it's safe to say you're
not still running a language school.
How long did you guys do that?
Actually, I am, but not a
brick and mortar language school. I'm sorry. You're not?
So running that language school,
is that that language school? Exactly. Exactly.
I'm not running that language school.
From that language school.
We had an online language school that we launched three
years into it, and there's a bit of drama there.
We sold it and then they didn't pay
us and we had to get it back.
But we have, we still now, from that
launch, one of the largest online language schools
in the world, which we still run.
I'm not involved in the day to day.
There's a CEO that's operating it, and I'm
just on the board and I'm there.
The CEO has some equity, and there's a small investor
in there as well, but I'm majority owner, about 75,
80% of it, I being me and my wife, not.
And so when you launch this online language
school, this is like 2008 world 2008. Yeah.
So that's incredible because the state of technology,
the ability to deliver something like that over
the Internet, I mean, it was there, but
it had to been very crude and rudimentary.
Is that a fair. Just Skype?
That was all we had.
You had to do it on Skype?
There was no other option for us there.
Like, right now, we have integrated classrooms that
were built into our system and all the
rest of it that did not exist.
There was no zoom.
I think Microsoft might have had their version, but
that was just way outside of our price range.
Skype had just come out.
So the story behind how we launched this was
we had the brick and mortar school, and we
actually expanded it out to multiple locations.
And then mexican swine flu happened.
And for those of you who don't remember,
it was supposed to be COVID, right?
Like, everybody was worried that this was going to
be some global pandemic spread across the globe.
So they closed off Mexico borders, and all
of our students came from other countries.
So suddenly, boom, all gone in a
matter of about a week or two.
We had been running about two years then, but
we didn't have very much of a Runway, right?
Like, our margins were about 20%.
I didn't know anything about, like, six months
Runway kind of thing, because we needed.
It was 20% before taking out our living expenses.
So, like, you know, we were living month to month,
and we would pay our teachers week to week.
So if we didn't pay them for a
week, they were even worse budgeting than me.
They wouldn't have money for next week's food, right?
So we got to figure something out.
And it was actually my wife who said, how
about we email all of our former students and
see if anybody wants classes on Skype?
So we had a really good school, very good reputation.
Students would come back every single
year to study with us.
So I emailed them.
Not a huge bomb, you know, we
had four or 500 over two years.
Like, it was breaking more to school.
Maximum 20 or 30 students at a time.
It was thousands of students go through.
I hope we can get, like, two or
three people to sign up for this.
And I remember back then it was again pre
active campaign, so I would actually copy and paste.
I believe the limit was 150 per
bcc and gmail at a time.
And I would just email them that way.
Like, that was the only way I could do it.
I had four massive bulk emails
that we sent out to people.
To my surprise, 20% of them said,
heck yeah, we'd love to sign up.
20% of 500 students, 100 students just came back to us.
I'm like, I think we might be onto something.
So I throw up a website real quick.
I do SEO on Skype spanish lessons, which I'm
like, I don't know, does anybody look for that?
I'm like, we'll find out.
So within 90 days, two things happen.
This wine flu just fizzles out.
It doesn't actually become a thing.
And our school is fully booked again.
Our schools are fully booked again, but we're making more money
off of this little dinky website I made as a side
hustle than we are off of these three schools that I'm
working on about an hour, 2 hours a day.
You know, my wife was the first teacher, and she
taught the first five students, and pretty much then the
school backed it up, you know, came back up again.
She just didn't have time.
So we figured out how to hire teachers and
put them online and all of that, and that's
how we were able to build it up.
Today, we are one of the top
online language schools in the world.
But everybody else has massive vc funding, like, up to
$60 million, where the only one is, like, bootstrapped the
whole way up because we wouldn't have been able to
do it without that long term early mover advantage.
And then we just grew 20% a year for 17 years.
That's kind of how we got there.
No hockey stick moment, none of these.
We want entrepreneur magazines like best small
business us at some point in 2015.
And I'm like, this is it.
This is where we're gonna take off. Nothing.
Like, I think we had like a little spike,
like when that happened, that edition of Entrepreneur magazine
came up and then just like crickets after that.
So it was just like this
pretty steady growth over 1718 years.
Two big takeaways from that.
Number one, I love the stories of how businesses get
birthed out of necessity and like, just the scrappiness of,
okay, how are we going to keep the lights on?
How are we going to keep our team?
How are we going to make sure
that they have food for their families?
And I think that also says a lot about
your heart and your caring for your people.
That that was a motivating factor.
But I love the stories where this
incredible thing that goes on to be
something significant gets birthed out of necessity.
But, man, the other big thing, and I think this
is really important for entrepreneurs, is understanding the value, the
lifetime value of a single customer, and the fact that,
yeah, these people came down, they spent a bunch of
money with you and then they left, man, staying in
contact with them, keeping that relationship going and having them
repeat business with you is huge.
And I think that a lot of people going into a
business, they don't understand the value of that repeat customer, especially
in a, b, two, c world where it is in theory
like a one time kind of a thing.
I agree with Scott, and I think that shows
the difference of people who are in the game
for a long time, and those aren't.
A lot of people come in today and it's not their fault.
It's because they're sold.
This, it's a cash grab.
Make your million dollar business in 30 days or
whatever thing that they're selling you online, right?
Like e commerce, and make a
million dollars in twelve months.
Even that to me is like that timeframe
is so short that that's not really realistic.
Has somebody done it?
Maybe there might be one or two people out
there who've done it, but this is not.
They just happen to find the right product at
the right time, and then 10,000 other people will
try and they won't be able to to it. What is it?
They say that 10% of businesses succeed.
Only 10% of businesses make it past one year.
I think that's actually way overestimation, because if
you count online businesses, which is like the
number of people throw up a website, start
a business that fail, it's like 1%.
Most people do not even make it to the first year.
They hit their first wall, their first challenge.
And they just absolutely stop because they're
like, this is supposed to be easy.
That's what somebody sold me.
While business is going back to the phrase that I
live my life by, if they were to write a
book about your life, would anybody want to read it?
Business is a good book. Good books are not.
You started the me, you succeeded.
Anybody out there who's read shoe dog, the Nike
story, it's not like I launched a shoe company
and I was on the Nasdaq in twelve months.
Like, read it like 50, like, I don't
know, 30 years where, like, they were barely
making payroll for like three decades before something
actually happened and they were out.
They became, we know today, even apple, if you
look at it, when I was in Silicon Valley
in the late nineties, they were a joke.
Like, Steve Jobs just came back, like, written
around, I believe, when I left, like, oh,
they just brought back that founder guy.
And I remember people talking about, but I
was like, that company's not going to survive.
Like, that wasn't it?
That's a good book.
It's the hero's journey.
It's like you have the ups and the
downs and the ups and the downs.
If you're not one to put that
for that, then don't become an entrepreneur.
I actually have this framework, this theory on,
like, happiness, where if you're working for somebody
else, your range of happiness is, let's just
say, you know, five up and five down.
But if you're an entrepreneur, your range of happiness
is 100 up, but it's also 100 down.
That's the difference of being an entrepreneur.
You can absolutely be happier as
an entrepreneur than an employee.
But be ready for that bottom part, too, because you are
going to be a lot more stressed and a lot.
You probably will have depression at some point.
Like the number of entrepreneurs out there go through
depression or anxiety at some point in their career.
I have no statistics to back this up, but if
it wasn't like 60, 70, 80%, I'd be shocked.
I mean, it's just part of it.
Go to job, you know, it's not for everybody.
It's become very sexy these days.
Say, ah, you should be an entrepreneur.
I believe 99.9% of the people on this
planet would be miserable being an entrepreneur.
But for us, that 1% or that .1% that it is,
we'd be miserable being on the other side of the equation.
Right?
So that's kind of the difference in that think long term
and just make, get ready for the ups and downs.
I love your illustration there of kind
of what the range of happiness is.
And I phrased it a little bit different, but something I
learned in my first year running my business was, your good
days are better and your bad days are far worse.
The highs are higher and the lows are lower.
And I think that's a pretty universal truth
for most founders actually related to having kids.
Because if you are, you're a couple without
kids, your range of happiness is here.
And then once you have kids, it
also expands in the same way.
Like, you could be much happier. A wow.
If your child is sick.
Like, I'd much rather be sick
myself than have my child sick. Right.
Like, it's just a total order of magnitude worse. Right.
So businesses and kids are the same thing.
Two big decisions for people to take in their lives.
Well, talk for a minute about
running a business with your wife.
I know plenty of people that
that has worked really well for.
I know plenty of people that
that has not worked well for.
It sounds like it worked well for y'all,
but, like, did that create some tension when
you weren't working, or were you just working
so much that there wasn't time for that?
So a few things I'll start with don't do it.
Even though I've started multiple businesses with my
wife since then, it's not something I, in
good conscience, I would recommend to anybody else.
We're lucky that it worked out for us.
So my theory about working with your wife
is you only have two possible options and
either a really strong relationship or divorce.
There is no middle ground.
If you launch a business with your wife, it's not like
things are going to stay the same as they were before.
That does not happen.
And unfortunately, I think it's 80% divorce and
20% coming up with a stronger relationship.
We didn't know any better.
We just got lucky that we kind of fell into the 20%.
A little bit luck and a little bit.
I'll give credit to her.
So my wife is.
She studied college in the United
States, but she's a Latina.
And in the US, again, I'll give a blanket statement.
We try to avoid conflict.
We don't really want to argue if we can
avoid it and all the rest of it. Yeah.
In latino culture, that's not really a thing.
Like, you know, a small thing bothers you.
You bring it out right there at the beginning.
In our relationship, the first year or two we
were married, that was, like, really uncomfortable for me.
But now, looking back, I actually give
a lot of credit to that.
To the longevity of our marriage.
We're going on almost two decades
of being married right now. Right.
And it's because those little arguments are the
equivalent of a pressure cookie letting off steam.
As opposed to in the US, where we
kind of, you know, that little pressure cooking
thing, we kind of push it in. It's like, no, no, no.
None of that steam is coming out here.
Everything's fine.
And then one day you have this big
argument where, like, for the last ten years,
I've been miserable because you've been doing this.
You can't change anything.
I spent ten years of somebody doing that.
Like, it's just calcified as part of the relationship.
As opposed to ten years ago.
If there'd have been a small argument
about it, people could have adapted and
the relationship could have gone forward.
So that's one of the things
that helped us get through it.
The second thing is my wife and I have
very different skill sets and personalities, and we made
very clear in each one of our businesses the
divide, which tasks were going to be her responsibility.
And I don't step across that line.
And it's the same thing on my end.
I'm business and marketing.
Like, if it's HR education, that's her.
I just trust her decision.
I'm like, we need this stuff working over here.
You do it.
You ran as your team, that's all.
And then same thing on my end.
And, you know, anytime we did have an argument
was when we tried to cross into each other's
area, and that's when we had the argument.
So we try to avoid doing that as much as possible.
We've started, let's see now.
We're running a coaching business together.
We had the online language school together.
We had a chocolate factory that we ran together.
Oh, and the brick and mortar language school.
So we've done that. We've had four exits.
Three of those companies I exited with her.
So it's worked out well with us.
So two big takeaways are, know what your
strengths are, know what your spouse's strengths are,
and then once you've done that, clearly define
your lanes and stay in your own lane.
I'll also add, learn to argue.
Learn how to argue in an adult way.
And I think that'll.
Because that's also in human relationships.
You need to be able to have
with your employees, with your coworkers.
You need to be able to disagree with them. In a way.
It can be rough in the moment, but you
need to be able to go back to work.
The next day and work together again
and kind of get past that.
So learning how to argue is a skill
that I think a lot of, not only
couples, but actually entrepreneurs, should develop.
All right, you just listed off four other companies.
Let's walk through some of the things that
you were doing in between the first language
school and what you're doing now. Now.
All right, chocolate factory.
How did we get into the chocolate business?
That was actually an accident.
I got introduced to this girl in the Philippines through
a family member, and she was looking for a mentor
to start a BPO, a business process, outsourcing business.
Now, I didn't have experience in that, per se.
I had a lot of experience.
This was but seven to ten
years into my entrepreneurship journey.
So I've been doing her for a while, and
I'd used filipino virtual assistants before, so kind of
I knew what the customer would be looking for.
So she reached out to me as a mentor,
and I don't remember once a month calls.
I wasn't a charge thing at the time.
It was just once a month calls, and
it was helping with the business she launched.
It grew to a certain size and then kind of fizzled out.
But we stayed in touch, and I don't remember the time,
but maybe a year or two years later, she reached out,
and she's like, ray, guess what I just heard about the
scholarship to go to Belgium to study chocolatiering.
There's a background to it.
Her family used to have a small cacao farm,
and they would grind out their own chocolate, make
these, like, really low quality, like, chocolate milk in
the Philippines, which is really popular, called tabla.
So she came from, like, a chocolate
family, but this is, like, literally.
Yeah, people with their hands grinding it
down, like, there's not a high quality
production thing going on here.
So she applies to this program, which is meant
for people from third world countries to learn chocolatiering.
And she gets in.
So she goes again, Belgium, and
she studies chocolatierium, belgian chocolatiering.
For the next year, she goes back to
the Philippines, maybe one of the few certified
belgian chocolatiers in the entire country.
And she's like, I'd love to open up a belgian
chocolate factory, but, like, I don't have the funds.
So she reaches out to me.
He's like, ray, would you, like.
Would you invest in me in order to do this?
And I turned to my wife.
I'm like, honey, would you like free
chocolate for the rest of your life?
And she's like, yes, I'm like, okay. I said, yeah.
I'm like, let me go and tell her yes. So I went.
Told her yes.
From a financial point of view, it sounds more fancy
than it is, because starting a factory in the Philippines
is very different from starting in the United States.
Like, the level of capital you need
is an order of magnitude smaller.
Like, yeah, I was going to say, like, I would.
Is that a 10th? Is it a hundredth?
Like, I don't even know what it would be in the US.
But, like, in the Philippines, to get a
factory to $100,000, that's the basic materials.
Because labor is so cheap, you don't
need to automate most of the processes.
There are certain things in chocolatiering.
There's something called a conch, which just needs to rotate
around the chocolate for, like, 24 hours at exactly the
same temperature so that it can get smoother.
Crystals can do it.
You can't really get a human to do that.
Like, we needed a factory for that.
It was also this roller machine that we
had that weighed multiple tons, which would just
pass the cacao through it, like, multiple times
to come up with a cacao paste.
And that's not something a human can do as well.
But a lot of the stuff that there are
machines for, we'd have humans doing the peeling of
the cacao nibs and stuff like that.
We don't know what she's doing.
We just had, like, a dozen
people just out there manually.
They had the calluses on their
fingers in order to do this.
That was kind of the way that we
had the factory working while we were there.
We still pay better than most of the
local employees, but in the Philippines, that's, like,
a dollar to $3 a day, like, whatever.
It's pretty low salary.
So buying a $50,000 machine is just not worth
it when you can just get a decade's worth
of labor for exactly the same price.
Did you go spend a lot of time in the Philippines
when you're getting this off the ground and building it up?
Yeah, we'd go every year for about two months.
My partner was the operational partner, of course, so she
would take care of the day to day operations.
She's become known.
Even so, we sold off our shares to her.
So she owns the entire company right now.
It was a very amicable split.
We decided that the money wasn't worth the amount of
work for us, so we sold her our shares.
She bought it over two years. She's actually.
If you go to the Philippines right now,
she's on the tv shows, if you see
the chocolate princess, she's our partner, right?
So she's kind of getting known to
be for her chocolateiering in the Philippines.
And you can go to, like, the high end
stores just for the price point of belgian chocolate.
Like, we're not at the local convenience store.
It's like the kind of market, the
Whole Foods equivalent of the US.
That's where you can find.
It's called Kinto is the brand
of chocolates that are over there.
We would go back every year for two or three months.
It was a great opportunity for me to connect more
than my filipino family because I didn't really have much
interaction with them for most of my life.
Also with that side of my culture.
My wife was first time she was able to
go to the Philippines, and she fell in love
with the people in the Philippines and all that.
It was great.
And obviously, all the trips
for business expenses, right?
All the plane tickets and all the hotels
and stuff like that while we were there.
And we got a chance to meet governors, kind
of local dignitaries, because we were kind of known
in the area as the owners of this factory.
Having a business partner in and of
itself requires a tremendous amount of trust.
But when your business partner is on the opposite side
of the ocean and you're not there day to day
to be able to keep an eye on things, how
did you build trust such that you were comfortable making
this investment and making sure that your funds were being
put to good use, that they were actually doing what
they said they were going to do with it?
There are two different levels of this.
There is monitoring as closely as you physically can
and then accepting what you can't, because there is
only so much that you can do.
I'll start with the trust factor.
I default to trust until somebody doesn't.
And in my experience, most people
in the world are trustworthy.
99.9% of the people in the world
are not out to rob you.
They're not out to steal you.
It's that 0.1% that give everybody else a bad name.
And we put all these laws and rules in place just
to account for this odd outlier that's out there, right?
So if you don't know any better and
you trust somebody, you'll probably be okay.
That being said, I think it's not
the most popular politician, but the dondas
rum self code of trust, but verify.
I also verify, right?
Like, you know, they're do as what you can to verify.
And for that, I'm actually a big fan.
Of having books, really accurate p and ls and
balance sheets and stuff in place that will catch
any major mismanagement that's going on at the company.
Right.
Because, like, where did those $10,000 go?
Sure, you probably could have sold $50 from me.
I wouldn't have noticed that.
But as long as the business is profitable and maybe you
took dollar 50 and took your friend out to lunch on
a crumpy credit card that I didn't know, that's not something
I'm going to be losing any sleep over.
And since I run multiple businesses, I
need to be able to do that.
Like, a lot of my companies are in the US, so it's a
lot easier to kind of keep track of those kind of things.
Just the laws are a lot stricter here.
And the final thing is, when I
work with partners overseas, I make sure
I have majority ownership of the company. Right.
So I actually can go and kind
of put my foot down if necessary.
In this company, I have 52% ownership of the
company, so I could put my foot down.
I do have my filipino citizenship, so it's not
like this foreigner owning a filipino company, which the
law will always default to the local.
But I actually did have a lot of
say in what could happen to the company.
Well, luckily, my trust was founded.
Actually spent money on things that I might not have done
it myself, but that was not in any malicious way.
It was just like, I wouldn't have done that.
But you're the operational partner.
I need to give you a little leeway.
I'm not there to make day to day decisions.
You can't wait for me.
There's a twelve hour time effort. There's an emergency.
Like, you can't wait till the
next day for me to decide.
So just do it.
Don't sweat the small stuff. That's exactly.
Yeah, I'm sure I could find
some stuff if I audited them.
Like, oh, you stole two bars of chocolate.
Like, I don't care. Enjoy.
I mean, that's it, right?
You had invested in.
You're spending time working on this business,
but you've got multiple other businesses going
on at the same time.
Your language school.
What else did you have going on in that period?
And shortly thereafter, my timeline will probably be
a little bit off because I don't remember
exactly which business started when and where.
There's overlap with all these businesses.
I've started 22 profitable businesses
in the last 17 years.
Now, profitable is not always that impressive.
It means it made at least $1,000
a month for at least three months.
That's how I define profit.
And if it didn't grow much of that,
I might have just let it fizzle out.
So still sitting there, like throwing in a
month, showing up in the bank account, like,
no real work on my work.
In order to do these websites, some of the
more notable ones were I launched a marketing agency
for a bit until I realized I'm like, wow,
I don't actually like working with clients directly.
Besides the face, I was like,
I was essentially the account manager.
And I'm like, wow, that's not fun.
And it never grew to the size.
It grew the mid six figures. It didn't grow to the size
where we had multiple account managers.
Take it over from me.
I sold that to my partner as well.
As I started that with a partner.
Most of my companies these days, I start with partners.
I simply don't have the bandwidth to be running.
I am currently involved with seven companies.
I'm part owner of seven companies, majority owner, and
a lot of them, I wouldn't have time to
do that if I was the mover and shaker
and every single one of them, that's not it.
I'm the one with two decades of experience
and 20 profitable companies under my belt.
That's what I bring to the table.
Usually I want to work with somebody who has industry expertise
or is willing to put in the work and learn.
I'll tell you what to do.
I know how to build seven figure
companies in twelve to 24 months.
I know how to do that.
It's a lot of work and I
don't need to do that work anymore.
But if somebody's willing to come in and
do the work, I'll work with you.
And I, right now I'm focusing a lot more on education.
Even though a lot of my previous companies are not in
the education field, I'm kind of in my old age.
I'm ditching down a little
bit more into specific businesses.
So I had the marketing agency.
Oh, I had a social network for
schools called Twitchcape with 200,000 users.
I had a website for how much toilet paper
during COVID That was fun as a calculator.
I made like $30,000 on the march of
COVID per month and fizzled out pretty quickly.
Oh, learning style quiz. I'm still running that.
600,000 people have taken a quiz on what
their best learning style is out there.
We have an ebook kind of tied to the
back end of that, and a mailing list which
I get sponsored posts on that that's still going.
I have to bring up my list of
all the companies that I launched, and I'm
probably forgetting some of them somewhere.
You've got a few where you're really
spending the bulk of your time today.
So let's start to focus in on current day.
Walk us through these different entities and what they
do and what your level of involvement is, because
with this many active things, you can't be spending
40 hours a week on three different companies.
Absolutely.
I spent 40 on one and I spent my 20
hours a week across the other projects that I'm at.
So I do work quite a bit by choice,
so I can take days off whenever I want.
So I would probably say that of those seven, there
are three that takes the most of my time.
So I'll kind of go through the four
that don't take the most of my time. Just real quickly.
So I have a SaaS company called podcasthawk.com, which
helps people get booked on podcasts on autopilot.
I was a partner there.
We grew a certain size.
I put my partner in charge as the CEO and he runs it.
And I meet once every two weeks for an hour and
we just kind of sit down like how things going.
More of a strategy session.
So that's one of the businesses
I'm involved with as well.
There's another one called Titan Talks,
where we arrange trips with billionaires.
I'm actually going on one in
four weeks over to Portugal.
That also, as long as it's not a
major trip going on, it's about an hour
a week that I'm involved in that business.
So I'm a minority partner in that one.
The language school that we talked about earlier.
Right now I'm just on the board, so
I don't really have to do very much.
I might, I have an optional bi weekly
call, but I usually don't go to those.
And then I have once a month board meeting
and I show up to those as well.
That was yesterday.
I believe that I did that.
The three projects that I am working on very with a lot
more time right now, I'll give them a kind of order.
At least amount of time.
Up to the most amount of time
is for the least amount of time.
Probably podcast talk would be the least amount of
time from the ones I was talking about there.
But the two that I'm spending the most on,
I'm drawing a blank on the third one.
I actually have a chart somewhere to keep
track of which business I work on.
That is called productized education.
So it's the coaching business that
I'm launching with my wife.
I currently do coaching and mentoring to mid
six figure, low seven figure online education businesses.
So I help them scale and I
take a limited number of clients.
I'm currently at the time of
this recording full of clients.
But if you're listening and
you're interested, email me.
I'll put you on a waiting list.
But I kind of help online education business
scale to about the eight figure mark and
we are just starting on the courses.
We want to actually help
people launch online education businesses.
My whole premise is every business is an online
education business, whether you know it or not.
Like even Apple when they watched the iPhone was an
education business because nobody knew what an iPhone was.
So every business should start
a simple education business.
And then if you want to go to e
commerce and stuff afterwards, you can do that, right?
SaaS, e commerce, whatever it is,
but education record each business.
So what we're doing right now is actually
helping people want to quit their jobs.
We have a course debate is going to
start in June where we're going to help
people take the skills that they already have.
So we call it wisdom into wealth.
Take the knowledge you already have and
create an online education business out of
it with your existing skillset.
My wife helps you with the curriculum design
and actually making it a cohesive education product.
And I do the business side together and
we have math to help figure out whether
the business is viable before you even launch.
For those, do they already come to you with
the business idea in hand and say, this is
what I want to do, or are you digging
into their background, digging into their skillset, digging into
their education and helping them kind of refine and
craft where they could be successful?
A little different from that.
So I go, I approach things as an engineer.
I tell people, like, I'm not actually emotionally
attached to any of my business ideas, right?
I would sell donkeys online as long as it's
humane and it was a good business idea.
Like, you know, it doesn't really matter
to me what the product is.
I love building a business.
What we do is I actually go through an
exercise that I call the adjacent possible exercise.
It's actually a computer programming paradigm where the
whole premise of the adjacent possible is that
all of us, our lives is this one
big house full of thousands of rooms.
And when we're born, we open one door and we
walk into that room and there are three other doors.
So each room has four doors, right?
We're born.
Oh, we walk in there.
Open our eyes means we open another door.
We walk into the next room, but we still have those
two doors left unopened in the room at the back.
What's behind those doors is our adjacent possible.
As a baby, it's pretty much the
same as long as we're healthy.
For the first few months, we reading, we
start walking, we start doing all that.
But as we become an adult, we start
opening doors that are unique to us.
And we now have a combination of
open rooms that, like nobody else has.
So the example I give is Steve Jobs, right?
He studied calligraphy in college, then he
went off to start a computer company.
Now, how many people in the world had
studied calligraphy and had a computer company?
Probably not too many.
And as a result, he was able to invent fonts, right?
Because he had these.
That was his adjacent possible that would not
have existed to anybody who just had a
computer company or had just studied calligraphy.
I have a series of exercises you go through to
figure out what your adjacent possibles are, because you, Scott,
me, we have very different life experiences, and a combination
of whatever those life experiences are might actually come into
some kind of, might serve somebody's needs in a way
that nobody else in the world could do or very
few people in the world could do, because we have
a third adjacent possible that if you run our course,
it means you actually want to teach this.
So you might have two things put together, three
things put together, that there might be 100 other
people out there doing it, but how many of
those are actually trying to get on the Internet
and teach people how to do it?
Now you've gotten down to something that's very, very
niche, and we start in the high ticket, so
you don't really need too many things.
So that's step number one.
Step number two is we actually go online and use
marketing techniques, which I know you know, what's gotten.
We figure out, is there anybody actually looking for
this product and how strong is the competition?
And I have formulas and math and sheets that
you go through, and we run through that.
So before you even started your business, you'll
know you can teach it because you have
the skill set to do it.
And we'll actually tell you feasibly how much money you
can make off of that business based on the current
search volume ad costs, how much you're going to be
charging for that estimated LTV, because it's education.
I have a pretty good idea of how long
people stick around for these kind of things.
And you might look at it like no,
there's no way I can make money. Okay, good.
Go back and redo the exercise we just did.
You might have to spend a week
doing this, two weeks doing this.
But that's a lot better than trying ten different
business ideas to figure out one that works.
You can figure all of this out. That works.
So that's the adjacent possible kind
of exercise that we do.
And that's why people don't have to
come to us with an idea.
If you don't come, listen to, great.
But we'll still run it through the limited
test that I run through to make sure
that your idea actually is financially feasible.
You might find out it's like $5 per widget.
You'll only send ten months.
Are you gonna watch a whole business?
It'll make you $50.
I'm like, sure, if you want, like, you know, we'll help
you do it, but that's not what I would recommend.
That's brilliant and very interesting.
How do you find a customer for that?
Is it SEO?
Is it through your network?
Is it people hear you speak?
How do people find you?
Right now, since we're this business,
we actually just launched in January.
Depending on what the business we're
going to do the SEO play.
But SEO is a twelve month, 18 month kind
of play that we're going to do over there.
Generally speaking, there's a methodology I would use
when I'm kind of launching any new business.
Obviously, first you reach out to the warm
network, see if you know anybody or anybody
in the warm network knows anybody.
That's how we kind of got
the first beta group in there.
The second one is I borrow audiences.
So I go in front using my network, I go
in front of some audiences or I'm going to cold
outreach to other places where ideal audiences are, and I'm
trying to get in front of of them.
Obviously it's gonna be some kind of affiliate deal
when I do that and get in front of
their audience because I'm gonna be trying to build
a community of this as well. Right? Like Odikate.
I want to become known as the online education guy.
A few people called me that.
Some of my groups, I'm like, oh, that's good.
I'll try to kind of own that
and that's how we're gonna do it.
And while we're doing that, since I don't need
the cash right away, a lot of it gets
reinvested into the business and that'll build up the
social media, that'll build out the SEO which I'm
familiar with, and we'll start doing that.
But I've also done the mathematical thing.
I take my own medicine.
I know I can run ads to this
kind of thing and do profit, right?
Assuming I at least get average conversion rates from like,
leads to sales to all that kind of stuff.
As long as I build up the basic sales team, I
know this can be a profitable business in the long term.
So that's the anchor we're going to
go with when we're building this business,
your higher education consulting business.
Talk to us about that.
What all does that entail?
Yeah, so that business is called Eagle
Lock, which is just actually college backwards. So.
E g e l loc dot co.
Somebody else has.com, comma.
We'll buy it later in the future, but it's for sale.
But we don't own that one right now.
That's actually a holding company.
Under it, we have companies that
are called the college admission secrets,
financial aid secrets, and math Quala.
And it's going to become qualitutoring pretty soon.
So what we actually do there is we specialize
in getting high school kids in the United states
into the top colleges in the US.
And we have all the services that go with that.
So college admission secrets is we actually have
coaches that coach kids from freshman year.
It's one price, and from freshman year all
the way through the end of high school.
And we advise on which
classes to take, which extracurriculars.
A lot of our college admissions people worked at,
like, Harvard and Stanford and Yale, like, they know
what they're looking for on the college admission.
Right?
So they'll kind of coach your kids all the way through
the entire process and say, this is what we recommend.
Okay, you need to get grades up over here.
Let's add this extracurricular activity over here.
Unlike the bad reputation you see online, we're not
going to Photoshop you on the rowing team.
You actually need to join the rowing team.
We don't guarantee you're getting it in college. Right.
You have to follow our curriculum.
We have a very high admittance rate.
When you do with financial aid secrets.
We have a package where you pay us $5,000 and
we'll get you at least $20,000 in financial aid.
These are not loans.
These are actual financial aid.
Otherwise we give your money back. Right.
So it's pretty easy sell there. But we're trying to make
college more affordable for people.
And then with our tutoring,
we specialize in AP tutoring.
This actually saves you money on college.
For those of you kids who are in AP class
and know how that works, essentially, when you get.
If you go to public high
school, even better, you take AP.
You just got a semester of French, a semester
of math, a semester of college, and that's three
to $5,000 in savings, depending on how expensive credit
hours at the university that were there.
So this business, I actually came in as a mentor.
He was my first coaching client, and he
was bringing in 20, $30,000 a month.
I started working with him.
We got him $150,000 in the next six months.
And at that point, he asked me, he's like,
hey, would you like to be my partner?
So I came in as his partner, and we've been growing
at quite breakneck speeds for the last year or so.
Beginning of January, we had six people.
Now we have 32.
So we're four months into the
year, so we're hiring really quickly.
But we'd like to grow this into a figure
business for the next two or three years.
You've got lots of ideas of your own.
You've got people coming to you with ideas, things they're
looking for you to invest in or advise in.
How do you decide what to say yes to?
I don't gather you say yes to everything. Not anymore.
I'm a recovering people pleaser. Right.
So, like, you know, saying no was. Was a learned skill.
It wasn't something that I had.
One of the things that helped me a lot was
kind of focusing on who I was and who I
wanted to be, in the sense, professional sense. Right?
Like the online education guy phrase.
I didn't come up with it.
Somebody else told it to me, but when
they did, I'm like, boom, that clicked.
And anything that's not in that niche anymore, now, I
do have some companies that are not, but they came
before I kind of decided niche in there.
That makes it an easy no for me.
Like, I have been approached by people, start
another SaaS company, all of that, and like,
oh, it's got nothing to do with education.
I'm not interested.
So that helps me say no.
I also run through my own process and
see what the possible profitability of this is.
Like, I don't need money right now, but is this
an exit play, or is this a cash flow play?
Right now, I'm a little more interested in cash flow
plays because after my exits, I'm like, wow, taxes.
Like, I mean, you know, you just
lose a third of it to taxes.
I'd much rather this business just generate dividend for me
and gets me the dividend tax rate of 20% every
single year that you maybe became a Facebook, but most
businesses aren't going to get up there but get to
5 million with an EBIT of $2 million and a
dividend of a million and I own 20% of it.
So you're just sending me $200,000 a year.
That's the kind of thing that I'm more interested in.
I am looking for more base hits, not home runs.
There are too many people who are
much better at me than this. Much better at me.
For the unicorn plays like, I don't know, like,
I've never built a billion dollar company before.
I wouldn't know how to spot one.
Like, let's be honest, I do not built
two, three, four, $5 million companies pretty well.
I can do that.
I know what steps are required
to do that, especially education business.
I probably have your orchard already ready
because I've done this for so long.
Like, oh, you're this kind of education business.
Here's your chart that we hire in this order.
Start by hiring this one, then this
one, then this one, this one.
Let's work our way through the chart.
I'm an engineer, so let's go
through the p and l statement.
And I'm like, okay, I know when our profit is
here, we'll do some projections based on your current growth
and we'll have the over chart ready by 2026 September.
And at that point you're ready and you
should be able to find $6 million.
We know our profits.
It becomes plug and play after a while, once product market
fit is in place, which is why I start with half
a million, 1 million when I do the coaching.
And that's kind of the space that I want to play in.
Like, I'm not going to go in any
more to a business, just startup myself.
If anybody wants to start a business
up, I encourage go to my productized
education.com and join our cohorts there.
I want to help you get up to half a million dollars.
Look, I'm not going to pretend I invented this thing.
If you're online, there's somebody who's called
Alex Formozzi who's doing the same thing
for different kinds of businesses.
I do forbid my education business.
I've been doing it for a little while.
Alex Armozzi didn't invent this model either.
I think he's popularized right now.
But basically you come with me, I help people, the
half a million million dollar education business, and then if
you want, you partner up with me to take it
to the next level, you pay me a small amount.
But we all, me and my team, a small amount.
And we also help you scale when we
bring in our resources and stuff behind you,
and then we plug you into our network.
It's a little different from the Alex Formosi,
which has got businesses of different kinds.
Like, we're all education businesses.
We won't bring in two that
are competitors to each other.
It's really easy to bring in a complimentary one.
Like, we're talking right now to somebody who has
got a history tutoring business in high school.
Like, we could bring you and plug you
into our network of thousands of students that
we already have grow your size tomorrow.
We already have Facebook and a sales team.
And SDR is like, they already
do half your business model. Like, we can take that.
It's usually at 500,000.
There are one or two man shops, not to be sexist,
woman shops as well, but, like, they're very small teams, and
we can give you the team, we'll help you build it.
And usually my equity pitch for people to join us
is this is not exactly it, but if I offer
them, like, hey, how about we triple the size of
your business and reduce your work in half?
But you'd have to give us 30%
of your business if we did it.
And most people are like,
yeah, because they're burned out.
They can't work anymore.
Like, they're doing everything from sales to
their own delivery of their own products.
And I'm like, yeah, we'll take 30% of your business.
You'll make twice as much money, work half as much.
But on paper, we now have 30% of your business.
Is that okay with you?
And they're like, well, yes.
Like, yeah, absolutely.
Like, okay, let's work together.
What I heard there in terms of evaluating these
opportunities is kind of going back to what you
talked about with working with a spouse.
Know what you're good at, right?
And know what you're not good at.
Know the areas that you know
and really focus in on those.
Don't try to get too broad or
you're not going to be as successful.
I made the mistake of going too
broad and spreading myself too thin.
It wasn't some kind of grave insight
that I had in the beginning.
And I'm like, oh, I've always been swaying.
I'm like, no, no.
I messed up first to figure out, like, way,
maybe I should probably start focusing in a little
bit more on my niche, which is like online
education, which for those who are watching, aren't watching.
I'm putting air quotes up there, but niche, still.
Multi billion dollar niche.
It's not that small either, right?
Yeah, I play at the low end.
By BC standards, I play at
the lower end, but that's fine.
We talked a little while ago about the
highs being higher, the lows being lower.
You go from five to 100, but in either
direction, in 22 profitable businesses, I got to believe
that there have been some low points.
Pick one or two and just kind of
walk us through what those were like. Okay.
To put it in, you remember I
mentioned that 70% of entrepreneurs had depression?
I'm definitely in that category.
In fact, it took me two weeks to
figure out that was what I had, because
I'm like, nah, I don't get depression. That's not me.
And then I googled what the symptoms are, and I'm
like, oh, wait, no, I have most of those.
It took me a little while, and it took me a while
to admit it too, because it was like a pride thing.
No, I don't do it.
The biggest thing that happened
was actually relatively recent.
I mentioned that we built one of the largest
online language schools in the world, and we actually
sold it about two years ago now.
And then we found out it was sold to
somebody who I thought was a friend of mine.
And apparently the whole thing was a scam.
And he, I know it for five years, he
just built it up for this kind of thing.
And he did a seller financing or the
kind of thing, but I'm like, ah, whatever,
he's a friend, he'll give it to me. Nope.
Stopped paying, took out loans against
the business, ran into the ground.
I found out he'd done it to dozens if
not hundreds of other people around the world.
And there is now currently
an SEC investigation against them.
I sued, got my company back a few months ago,
and, you know, I've been working to turn it around.
After everything there's.
But when in the middle of there, when I
sold it, I thought, my wife, my family, now
set for life, maybe not private jet set for
life, but not really worrying about money anymore.
And then that whole thing happened.
And no, I entered depression for two to four weeks.
I don't remember how long I was sleeping.
4 hours a night, wake up in the day, I'll
be honest, like, some days, the most I could do
was not break down before my son went to school.
I would just have to kind of keep it
together until I took him to school in the
day because it felt like 20 years of work.
Somebody just burned it to the ground.
Two decades of work while we were there.
And you forget about like all these
other things that you have going, right?
Because you kind of, you fixate on this
one, one bad thing that was there.
I'm actually giving a talk about it in
four weeks in front of people and the
things that help you get through it.
So it is kind of top of mind for me right now.
But the five things that got me through it,
hopefully nobody see my speech is going to listen
to this podcast beforehand is family and friends.
I started reaching out to them, families kind of, in
a way expected, but like, my wife was my rock.
Like, I mean, it would not
make it through without my wife.
She's definitely the stronger too, but it's stronger of
us as far as the spare is concerned.
Reaching out to friends and this was
kind of surprising thing to me.
You have to swallow pride a little bit
when you go through that, because I was
the first people reached out to for help.
I was not the person who reached out for help. I did.
And every single person was open handed.
Like, how can I help?
Even if they had no real way
of helping, like, they were there.
And that really helped me get through it.
I sought professional help with a therapist.
Once I got to a good enough place, like sitting
a plan in place, that really helped me get through.
So that was number three, I made a
plan in order to get out of it.
Number four that I learned was patience, because nothing
solves itself as fast as you want to be.
And if you're an entrepreneur, it's even worse
because we want everything done yesterday, right?
And I went to a lawsuit with them like
five months before we actually got our company back.
Even though we obviously have paperwork
and they were preaching contract.
It's just not that easy.
Shouldn't we have been done like in a week?
No, that's not how the law works.
And then the final thing that kind of
got me through is remembering who you are.
I told you at the moment, I felt
like, oh my goodness, everything's taken away.
But then that's the reason why. Now I know.
I've launched 22 profitable businesses in my life.
If you had asked me a year ago, I
had no idea because I never bothered to count.
Take store of everything you've actually
done and write it down somewhere.
So I went through my whole list of
everything I worked on and I'm like, holy
crap, I've launched 22 profitable businesses.
People told me I'm like five or ten.
That's usually what kind of came out of my head.
No, I've done 22 times.
I keep feeling like it's luck, but it can't
be like, statistically speaking, you're not going to do
this 22 times if it's just luck and all
these things kind of help me get through it.
But that's why I know I have a lot more
empathy for like entrepreneurs who had difficult times right now
because until then, like it been pretty smooth ride.
No, I know what it is.
And in depth somebody's offering, I'm
like, please reach out to me.
I know what it feels like. I've been there. It is awful.
I wouldn't wish it all overstepping, man, I
can't imagine how hard that would have been.
And you mentioned he had taken
loans out against the company.
And I mean, did you have to assume that debt or
were you able to unwind that as part of this?
Some of it, we assumed, actually, we think they have
actually fraudulently put my signature on some of those loans
to at least one of them that we're pretty sure
that he did, because I have a copy of it
and I'm like, I didn't sign it.
So the company kept the debt.
The company was doing well enough that
it paid most of it off.
But while they were doing it, obviously
the marketing of the company suffered.
So that was really what hit, because the
company was able to service its own debt.
They took the debt out from the company, then
they sucked the money out of the company and
then they took the CEO they put in place.
And it's like, well, it's your
problem now to pay it back.
So it wasn't like that was taken
out and invested back in the company.
They just sucked the money out.
I had no idea what it was.
I looked at the books in the balance sheet. It's a mess.
Like, it doesn't even make sense.
Some of the numbers that were on the
balance sheet, where did that number come from?
Who put that in?
We have no register of that on our bank account.
It was a whole thing.
I'll leave it to the SEC to
figure out what this company was doing. I got it back.
It's an asset purchase sale.
So like, the whole company stays over there
and the books stay over with them.
Like, that's not me.
You guys take care of that.
So for people listening who may be considering
selling their business and maybe considering seller financing,
man, looking back, are there things that you
could have done to have avoided this?
Or was it inevitable?
Were they just that good at lying and hiding things.
They've been playing me for years.
They've done this to multiple people in my network.
I got introduced to them by
another entrepreneur friend that I trusted.
This person got invited out to Necker island
with me and to meet Richard Branson.
Like, went through Richard Branson's security
check to get out there.
And that's one way to console myself.
Like, wait, if Richard Branson's background check
didn't catch him, what was I feasibly
going to figure out, really?
Was I going to get anything in there?
No, I wasn't.
And I think that's how these kind of people are
able to do this kind of thing, because I would
never expect somebody to spend, to play somebody for four
or five years to be able to take advantage.
Like, that's just not.
It's so out of the realm of something that I'd even
consider that I was just, like, invited us to his wedding.
He's got a kid.
He sent us kid photos of his child.
I visited his house.
I know this is not like
a casual acquaintance kind of thing.
And you never expected, even while it was going on.
I'm like, no, this must be a mistake.
This is, you know, they would play it and
they're like, no, the money's coming next month.
Just wait out. It'll be fine.
So that's why I didn't assume after the first missed
payment, it was like six, seven months into it before.
I'm like, come on, what's going on here?
But you even mentioned, on the whole,
necessity is the mother of all invention.
That's when I started working with this company
to grow it from 30,100, 50,000, and we're
trying to pass the 3 million this year.
I wouldn't have had to do. I wouldn't have done that.
I wouldn't have had to do that.
If all of this had happened.
I just have the big check in
the bank account, and we'd be fine.
Well, that is a very low low.
Looking back on all these others, what
are some of the high highs?
High highs would probably be.
The first exit I had was a big one. Not financially.
It wasn't that big.
It was load of mint, six figures.
It wasn't that big deal.
But I remember when that happened.
I was just like, I'd never seen that
much money in my bank account before.
I'm like, oh, my goodness.
Of course, we spend it all in the house.
So my bank account went really
low again pretty quickly after that. That was it.
Some of the simpler highs.
First sale I made on my first business
online, I remember running around the house, it
was for spanish lessons at $9 an hour.
Somebody bought 50 hours, $500 in one sale.
And I remember just running around the
house with my arms in the air.
We just stole dollar 500 worth of classes on.
That's not even profit.
Well, it was actually profit.
My wife was teaching, so for us it was perfect.
Pure profit at the time.
I'm like, this is amazing. Look at that.
We just have $500 for this class.
Like, I remember that at least the next ten sales,
I still thought it was like this amazing thing.
Like, this is amazing.
People are buying lessons off of
us while we were there.
I remember the first time we passed
seven figures in my first business. The first time?
Yeah.
Not that the business really significantly
changes when you pass seven figures.
It's just like this milestone.
And then you realize, wow, seven
figures is not really that much.
I mean, maybe if you're lucky and
it's like a 99% profit business. It is.
But like, for most of us, where we have
staff and everything behind it, we're not purely digital,
it's 30% profit margin, stuff like that.
Seven figures is nice, but it's
not going to change your life.
A lot of the moments that I can think of
were like these little ones, they aren't these big ones.
Everybody works toward these big exits.
They think that's what it's for.
It's not.
It's when somebody can take maternity leave or somebody's parents
or family is sick, and you say, yeah, go take
care of your family for a week or two.
Don't worry about your jobs here,
I'm going to keep paying you.
This is not a question.
Go and do what you need to do.
Those are really what brings me
joy more than anything else.
I'm lucky in that I love what I do.
I really, really love building businesses.
I read business books for fun.
In my spare time.
My wife went away for a week about two weeks ago to go
to a baby shower at one of her cousins with my son.
And I jokingly tell her some husband might
go out, party and do all the rest.
No, I worked 18 hours a day.
That was me sneaking in, was getting some
extra work hours in while she was gone,
like, that was me rebelling against the world.
This is so much fun.
I don't want to stop doing it.
So that's what I tell people, want to get into it.
If this is for you, and I am a big
believer in building your passion and following your passion.
So not like business was my passion, but
I've worked at it really, really hard.
Good at it, and I've never met anybody
good at something that doesn't enjoy it.
But most people think that they're good
at it because they enjoyed it.
I actually believe that they started enjoying it
because they started getting good at it.
Whether it's woodworking, whether it's business, whether
it's a sport, get good at it.
You will enjoy it.
We just happen to enjoy something that pays well. Right?
Like, that's.
That's the one difference here.
While some of these don't, I
think that's a really interesting statement.
That's something that resonates a lot.
Get good at it, and then you will enjoy it.
And I can think of a number of things
in my life that wouldn't have necessarily thought that
it would be something I'd want to get into.
But once I did it, and once I found
that I had the knack for it, it created
that energy, it created that excitement, it created that
passion, and also helped a lot with confidence.
And when you're good at something and when you can go
use that thing that you're good at to add value to
somebody else, man, that's a huge, huge confidence booster.
I told you when I was a little kid, I
had self esteem, and I was shocked, like, you know,
you would do that, I would be a wallflower.
I wouldn't make any noise.
Two things that happened that changed my life
was I found that martial art, and I
became really, really good at it.
And I realized I wasn't at
6ft tall, I wasn't short anymore.
I was actually good at a sport.
And then I got into business and a little bit of luck.
My first two businesses worked.
The first two I launched.
I had never read a business book when
I launched my first two businesses, and I
remember, why do people read business books?
This whole business thing is easy.
Why would anybody read books on this?
Then I failed a whole bunch in a row.
I'm like, huh, I might want to start
studying up on this stuff a little bit
to figure out what's going on, right?
But it's not innate talent or anything
that makes me a good business person.
It's like I've been doing it for
two decades and I've probably messed up.
No, not a problem.
I know I failed way more businesses than most people have
tried, but I have a one out of three success rate.
Like, what we teach at productized education is how to,
is the system that I use to get a one
out of three hit rate on my businesses, which is
way higher than most statistical averages are there.
But if you want to flip it around, that
still means I missed two out of three times.
That means you have to try with my system
three times before you're going to have success.
Don't have to use my system. Try any other way.
And if you want to go with the one out of ten
thing, that means you're going to have to try ten times.
If each real try is at least six months
and you're trying ten times, that's five years.
Dedicate for five years.
If there's a 10% sense of you being a successful
entrepreneur, it means, how do you make that chance 100%?
You try ten times, and most people are
not willing to do that and learn from
all those failures in order to do it.
They just give up sometimes,
I admit, life circumstances.
If you have family to support, you can't
wait five years to try to make money.
You can try cytosaur.
It's not going to be easy.
I think a lot of what's being sold these
days is this, like, easy money thing, and that's
why people get so discouraged, you know?
If you figured out an easy way to
make money, please let me know, because I've
been doing this for a long time.
I still haven't found that old easy money thing.
Like, it's.
Every business I work at is a lot of work.
Like, even the one that's
growing really fast right now.
We switched payment providers yesterday for
salaries, and boom, it blew up.
So yesterday I was emailing,
manually apologizing the whole staff.
I'm like, guys, sorry, can you
send me your wire information?
I'll pay you directly and wire.
So I was going into our bank and
manually doing wire transfers for salaries yesterday.
That's not sexy.
That's not gonna make it in the books.
But, like, that's business.
That's what happens.
I wish I could say that I haven't had to do that
a time or two myself, but there's been at least three times
I can think of where we onboarded a new person.
And for whatever reason, something with that first
payroll wasn't right, and it was scrambling as
quick as I could, because in my mind,
timely and accurate payment is the absolute foundation
of the employee employer relationship.
And you've got to make that right.
You got to make sure that they've got.
They've got money in their account when you promised it,
and so you're going to deal with these things and
those are things that nobody tells you about.
And that's why we do this podcast, is to
open people's eyes and expose them to not only
the awesome things, but like, hey, at some point,
something like this is gonna happen.
I'll put, actually, a story related to
that in all my jobs right now.
I actually have the job title of janitor.
I put that there because I mentioned
I'm, like, out of the chart.
Most of the company's done there.
I'm in the janitor because it's my job.
With my experience, I'm the best
at cleaning up the messes.
And that's really what being an entrepreneur is, right?
Like, you have a vision of where you want to
go, but half the time you're just sitting there with
a mop, cleaning up the mess on your way there.
Because to get to that final product,
that's what you have to do.
So I'm like, let me just own it.
I am a professional janitor, and I'm a
janitor in every single one of my companies.
So go over that mentality and your entrepreneurship
journey, and that'll probably help you out.
There's a humility that comes with that, too, and
I think that that's a really important part.
You strike me as a person
who is very, very intentional.
I don't think that you do anything.
You don't fly by the seat of your pants.
You really are methodical and you think through things.
You've run 22 successful businesses.
You've started a whole bunch more.
How much, at this stage in life and in
your career, how much thought are you giving to
what you want your legacy to be?
I mean, with all these different things, do you have
a sense for what you want your legacy to be?
My legacy is actually going to be really simple.
So it's.
Let's go back to kind of what we started the
whole talk about with if they were to write a
book about your life, would anybody want to read it?
Let me actually put a premise in there that I don't
really care if anybody writes a book about my life.
I'm not doing this so that somebody write a book
and I'll have a national bestseller about my life.
Right.
Because by definition, I probably won't be
here to enjoy it at the time.
Like, you know, after my life's
passed away, it doesn't really matter.
My legacy is a lot simpler than that.
I actually want my son to be happy. That's it.
I want him to live.
I'm not going to say happy.
Life is happy.
Has different connotations.
And if we're happy all day, every
day, that's actually a psychological condition.
Human beings are not supposed to be happy all the time.
I want him to have a joyful life with the
freedom to do what he wants without spoiling me.
I'm not going to be buying a luxury car if he
turns 16 and says, daddy, can you buy me a BMW?
I'm like, yeah, happy to take you to BMW dealership.
Do you have the money? Oh, no.
Oh, here's the job section.
Go and work, and I'll drive you there,
and I'll help you buy the car.
Like, I mean, no problem.
I'm not buying you the car, but I
think that'd be a disservice to him.
But I'm doing all this for my son.
It's almost selfish in a way, but that's
the way legacy that I want to leave.
No big statues, no big buildings.
People don't have to read about
me a hundred years from now.
If my business to survive, great.
But most businesses, even on the one, the ones on
the Nasdaq, like, 80% of weren't there 100 years ago.
Like, so what are my expectations that mine are?
I'm not trying to build a Nasdaq business. Right.
These are not my businesses.
So they're not gonna be there.
But if my son's happy, his kids are happy, and they're
happy for as many generations is that can be allowed.
Whether they remember who I am
or not, that'll be my legacy.
All right, so thinking about
the businesses, what's next?
Right now I'm focusing on the two we
talked about, productized education.com and Eagle luck.
I really want to get product education is with my wife.
It'll probably be lower gross, but higher margin.
So I want to get that to about 5 million.
Build a small team, five to ten people around that
probably in the next three years, and then eagle lock.
I'd like to get that.
I've never built a $50 million business before.
I'd like to get that $50 million in the next ten years.
That's ambitious. That's awesome.
Is there anything that we didn't get into that
you had kind of wanted to share, talk about?
No, I think we covered it.
I'm sure we could talk for a few more hours.
Business is my passion, like what I do.
This is just fun for me. I can go on for hours.
And my wife usually gets up and walks out
of the room about an hour into the conversation,
she's heard all the so many times before. Awesome.
Well, Ray, thanks so much for
coming on and sharing your story.
Thanks for having me, Scott.
That was Ray black. To learn more about
Rayvensoft Ventures, visit rayvensoft.com.
know would like to be a guest on In the Thick of It,
email us at intro@founderstory.us.
