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Rick Jordan

πŸ‘€ Speaker
1017 total appearances
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Podcast Appearances

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

When it comes to being a public company, that's why we made sure we did everything right in that and kept everything completely separate, all the transactions completely logged.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

If there was services in essence being provided, there was invoices that were going back and forth, man.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

So in essence, it's like my private company, which I retained customers and I never transferred all of them over when we went public, which is why we went down to the two.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

It was kind of like the go back.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

Exactly.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

Exactly.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

Yeah.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

You kept the security blanket, but you had no intent on using it.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

That's a good point because it was never a desire to keep those customers separate.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

It was actually going to be another acquisition for us, acquiring the original customers.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

But then the timing in what it was, it made sense to just keep that.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

Let's just stop for a moment.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

Let's put the brakes on because we just discovered some not so great things with the people that were selling these businesses to us.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

Let's see where this pans out first.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

And then it became a blessing, dude.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

Seriously, as the foundation again.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

And that's the part that's like, I don't know if anybody ever really goes back to zero.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

Do you?

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

No, I wouldn't think so.

Right About Now - Legendary Business Advice
Founder Lessons From Scaling, Going Public, and Rebuilding | Rick Jordan

I've had a crash and burn myself and I didn't go to zero.