Cameron Herold

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284 appearances 2 recordings 2 series first heard Jan 2025 last heard Mar 2025

Cameron Herold’s voice in public audio — every appearance, attributed to the second.

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Well, and no one really knew him when he did his investing one, right? And Michael Ellsberg did the, I think, Secrets of Millionaires. Nobody knew Michael and he interviewed all these people. So yeah, you could start your own podcast, interview all these people. you know, go to meetup groups, go to mastermind groups. You can get your way into room. You can apprentice.
I have, I've seen young students or even 30 year olds apprentice at the Ted conference, the main five day Ted, their volunteers there that are putting themselves in the room. I've seen apprentices at the genius network. I've seen volunteers at baby bathwater and YPO events, mind Valley events. So you can be, you can hustle,
Anyway, I think that the days of the normal, traditional educational route are being massively disrupted because you can access all this information online. When I went to university, I still used a typewriter. We didn't even have personal computers yet. If you were going to write an essay, you had to go to the library to pull out the book. There was no Google. So those days are gone, man.
They're over.
But there was nothing online.
Yeah.
Well, but we didn't, we didn't like, we had to start the paper file because I was the first president of the first fraternity in the city of Ottawa ever. What fraternity was that? What fraternity was it? It's called Acacia. Okay. So they'd started back in 1904 at University of Michigan. They had about 50 chapters in the US. We learned about them and we got mentored by their head office.
But I was literally the very first president and an active member and a pledge at the same time, which was really weird.
Well, I just saw some data points around that about a week ago that something like 25 or 30 percent of the current last two years MBA classes are still unemployed, that they haven't been able to find career jobs yet, which is pretty scary that you've invested in yourself and you can't get there. Yeah, the middle class is getting decimated, sadly, in North America. It is quite sad to see.
And the second part of that equation around the global financial crisis or the housing crash was Banks really were committing fraud in allowing people to get mortgages that they knew they didn't qualify for. And some people should be going to jail for that and they're not. And that's not okay.
And yes, the taxi driver who knew he was filling out the paperwork kind of fraudulently should be kind of getting slapped on that one too. So everybody was complicit in this. Anyway, yeah. Yeah.
Okay, so first, When a Tender Got Junk was not a massive company when I joined them. I was employee number 14.
I built it. Yeah. I took them from 14 employees. I took them from 14 to 3,100 in six and a half years as their COO.
Yeah. Brian was 12 years getting to 2 million in revenue. So he started in 1989. I joined in 2000. He got it to 2 million. And then I helped take them from two to 106 million in the next six years. So then it was a massive company. So your question around, what was it, around education or?
Yeah, I would not look for somebody who has education. I only want experience. So I'll give you an example. You know how to do breaststroke, front crawl, back crawl, and butterfly, right? You know how to do them. Do you know how to win an Olympic record or win an Olympic gold?
Yes, you do. Be faster than everybody.
Right. And you know how to win an Olympic or to set a world record.
And you know how to be in a team event, but you've never done any of those. So why would I hire someone who knows how to do it versus someone that has done it? I would rather hire an Olympian who broke a world record, who won an Olympic gold, who competed in all events versus someone who knows how to do it. It's really easy to read all the books. That's knowledge.
But I would rather hire someone that has actually done it before. And there's a real bias now against MBAs to hire people that have actually done it before. Most of the Bay Area tech companies are biased against education now, unless you have the education and the practical experience to back you.
And I think that explanation of the swimmer is a really good data point or a really good example that illustrates that.
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