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Cameron Herold

👤 Person
714 total appearances

Appearances Over Time

Podcast Appearances

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

Thank you, Ryan. Appreciate it. Looking forward to it.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

Thank you, Ryan. Appreciate it. Looking forward to it.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

Okay, so there's a couple of interesting points here. One is, you know, I've been following Trump since probably 1989 as a business person and a negotiator and, you know, the way he operates and works with the press. I think I first read The Art of the Deal back in 1988 or 89. And then secondly is Elon. I've known Elon since 1995. Elon Musk's younger brother worked for me in 1993.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

Okay, so there's a couple of interesting points here. One is, you know, I've been following Trump since probably 1989 as a business person and a negotiator and, you know, the way he operates and works with the press. I think I first read The Art of the Deal back in 1988 or 89. And then secondly is Elon. I've known Elon since 1995. Elon Musk's younger brother worked for me in 1993.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

I was a reference for Elon and Kimball in their first round of funding for Zip2 in January of 95. So I've known him as a business person before, you know, most people on the planet knew that he existed. And it's just because his brother worked for me at College Pro Painters and his cousin, Peter Rife, who built SolarCity.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

I was a reference for Elon and Kimball in their first round of funding for Zip2 in January of 95. So I've known him as a business person before, you know, most people on the planet knew that he existed. And it's just because his brother worked for me at College Pro Painters and his cousin, Peter Rife, who built SolarCity.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

So I'm particularly interested in what Trump is doing right now on the business side of politics. And look, I'm not necessarily a fan of him as a person. I'm Canadian. I'm a little less glossy. I'm a little more augie shucks. I'm You know, Canadians, we apologize before we can even hit on a girl. Like, sorry, I think you're beautiful. So I don't like the ego behind a lot of Trump. I never did.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

So I'm particularly interested in what Trump is doing right now on the business side of politics. And look, I'm not necessarily a fan of him as a person. I'm Canadian. I'm a little less glossy. I'm a little more augie shucks. I'm You know, Canadians, we apologize before we can even hit on a girl. Like, sorry, I think you're beautiful. So I don't like the ego behind a lot of Trump. I never did.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

I don't like the gold faucets. I don't like the fancy ostentatious. Put all that stuff aside. He's doing something that absolutely needs to be done in politics and it needs to be done in every business. And there's a lot of waste. And I think a lot of business people miss how much waste there is inside of our company.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

I don't like the gold faucets. I don't like the fancy ostentatious. Put all that stuff aside. He's doing something that absolutely needs to be done in politics and it needs to be done in every business. And there's a lot of waste. And I think a lot of business people miss how much waste there is inside of our company.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

So when we were building 1-800-GOT-JUNK, I was the COO of 1-800-GOT-JUNK, took them from 14 people to 3,100 employees in six years. We had at the leadership team a financial review meeting every three months, and the leadership team reviewed the general ledger, which is every expense

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

So when we were building 1-800-GOT-JUNK, I was the COO of 1-800-GOT-JUNK, took them from 14 people to 3,100 employees in six years. We had at the leadership team a financial review meeting every three months, and the leadership team reviewed the general ledger, which is every expense

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

on the P and L. So we looked at every expense in entertainment, every expense in travel, every, we looked at all the credit card bills. And as a team, we discussed stuff that kind of jumped out at us. We looked at software licenses 24 years ago.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

on the P and L. So we looked at every expense in entertainment, every expense in travel, every, we looked at all the credit card bills. And as a team, we discussed stuff that kind of jumped out at us. We looked at software licenses 24 years ago.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

So there's so much waste that they're cutting right now that I think both the left and the right have to look at that and go, yeah, it's pretty hard to argue. 95% of that waste is really waste. You know, we don't need a new embassy in South Sudan. And I think there's a good lesson in there for entrepreneurs is to be very ruthless and to inspect what you expect.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

So there's so much waste that they're cutting right now that I think both the left and the right have to look at that and go, yeah, it's pretty hard to argue. 95% of that waste is really waste. You know, we don't need a new embassy in South Sudan. And I think there's a good lesson in there for entrepreneurs is to be very ruthless and to inspect what you expect.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

And I think it's very hard for an entrepreneur to go out to their company and keep saying, oh, we need to get more revenue. The only reason you need to get more revenue is to pay for all the stupid expenses that you don't really need in your company. And in government to say we need more taxes. No, we don't need any more taxes. In fact, if we operated properly.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

And I think it's very hard for an entrepreneur to go out to their company and keep saying, oh, we need to get more revenue. The only reason you need to get more revenue is to pay for all the stupid expenses that you don't really need in your company. And in government to say we need more taxes. No, we don't need any more taxes. In fact, if we operated properly.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

If we operated efficiently, we could probably reduce the taxes. So one of the big reasons why I exited Canada 10 years ago and then left the U.S. four years ago, I'm now a resident of Dubai. My company is based in Dubai. It's because the royal family that owns the country doesn't allow for any waste, right? They don't allow for the frivolous spending.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

If we operated efficiently, we could probably reduce the taxes. So one of the big reasons why I exited Canada 10 years ago and then left the U.S. four years ago, I'm now a resident of Dubai. My company is based in Dubai. It's because the royal family that owns the country doesn't allow for any waste, right? They don't allow for the frivolous spending.

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