Andy Swan
๐ค SpeakerAppearances Over Time
Podcast Appearances
I want to own it all.
I want to be the captain of this ship and not answer to anyone, even on a minority basis.
I've been down that road.
I've had two successful exits, and I feel like entrepreneurs, generally speaking, if they have the capability, are better off without external capital.
The other one was called Day Trade Team.
We sold that in 2006 to a private investor and private equity.
And, you know, that kind of got us...
going a little bit.
It was not a huge deal, two or three million bucks, but got us on the road to understanding how to build a company a little bit, and it put us on the map in the financial sector.
We did not raise money in Day Trade Team at all.
Personally, I think that staying focused and staying lean and staying focused on the product that you're delivering to customers rather than how much or how often you're marketing to them is the better advice, especially in the first two to four years of a startup's life.
I think too many entrepreneurs are trying to do
to go too broad too soon, and the product suffers, they get too much capital, they hire too many people, and then you're kind of one blip away from not having even the ability to pivot, which I think is pretty dangerous.
There's four teams.
We just hired our fifth person in the Louisville office.
And then we have a team of four people that have been with us in Argentina on the tech side.
Same group of four has been with us for three years down there.
Yeah, so that's a great question, and it's one of the toughest things for us to do.
So in that example, the word never negates everything else in the tweet, and so that would actually come up as negative sentiment.
Right.