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James McHugh

πŸ‘€ Speaker
See mentions of this person in podcasts
2298 total appearances
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Podcast Appearances

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

The Sapient side was a digital consulting business firmly in the technology space.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Right.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So they wanted to build, originally they wanted to build a Salesforce company in the UK.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So this is where the build-operate-transfer came from.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

It had taken five years and $6 million to build the original Tequila.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

And I believe we could do it for half the price in half the time.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

if we didn't have to work as hard to find the customers.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So I said to Sapien, if you can give me your MSAs and your go-to-market.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Master Services Agreement.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So for example, let's say Lloyds Bank.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Sapient have a very large client in Lloyds Bank.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Sapient don't have a Salesforce practice or whatever.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

We create a Salesforce practice and then we can knock on the door of Lloyds Bank and say, hey, we don't have to even do paperwork with you.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

If you need these services, we can start working tomorrow.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Through Sapient.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

That would accelerate our ability to create this business.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So we set up a JV with Sapient.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

They owned 20%.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

We owned 80%.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

And we built it to 100 people in a year.