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Kevin Tawil

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1363 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And so they were comfortable growing that and we could make money at that.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Whereas with the other new channels of distribution, it was very low margin business.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

We finally figured it out, took us a while, and then we backtracked.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And to our credit, we made some hard decisions and we let go of that entire team.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

This is probably, yeah, year two, year three, maybe 97, 98.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And we decide, hold on, while we were undertaking all this folly over here with new distribution channels, the core was still growing.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

roadside assistance to the wireless industry.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And we thought, let's continue to lean into that.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

So this is sort of our first lesson on the concept of focusing on the core, getting more juice out of the core business.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And we did refocus on the core and started looking at other products and services we can sell into wireless.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

You guys put out a paper around that time.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

I think it might have been even lower than that, Will.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

I think by 2000, it was 30%.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

So we got the ride even a little bit earlier than that.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

When did you and Jim decide to move back to the Bay Area?

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

I think we moved back a year from the day of starting.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

So we started in July 95, and we moved back in July 96.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Jim and I hadn't really contemplated it.