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Gary Fox

👤 Speaker
2562 total appearances

Appearances Over Time

Podcast Appearances

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

He's like, listen, sell, build, in that order.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And it's just, it stuck with me ever since because listen to what they want, sell them the product, then build it.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

So you went out and went, go, look, we're going to try build this, but can we interview you first?

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Is that how you did it?

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

believe to be able to help fix your problems essentially so you establish social proof going look we're one of you here's what we're doing so i'm trying to give people that are listening i want them to be able to listen to this and go okay i'm have this idea for this but this is how i'm going to get like to talk to 50 or 100 people yeah because that's how you should be doing it so you establish social proof going look we're like you blah blah blah blah here's what we're trying to do and then have a very specific ask going can we shadow you to watch your systems

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Who are you trying to build this for?

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Because I'd imagine the rejection is so big, whereas when you're like, industry experts have just backed this.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Like, I thought it was really interesting.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

James Smith and Chris Williamson have just announced their 6 million raise on 60 million.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And most of their investors are other creators.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

of course they're in the business I found that so interesting I was like because I would have put money in I would have went yeah all in their distribution is astronomical and I thought the 60 million valuation was low like I looked at it I went

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

60 million, that feels low.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And they've raised six of 60.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And I see people have gone in, Cody Sanchez, Dan Martell, Olly Marchand, all people who are excellent creators.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Because exactly what you just did, they saw straight away the value of the distribution.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

The salons saw exactly the value in what you were going to build.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Have you raised money since?

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Um, I think if I saw 750 K coming in from your first customers, I think I'd be a very keen angel at that stage.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

That's like the red hot signal from the market.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

What's the barrier then, Conor?