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Scott Sheridan

👤 Speaker
435 total appearances

Appearances Over Time

Podcast Appearances

Proven Podcast
Investing Through Volatility

So when somebody says, I have X number of dollars and it's gonna take me a year to do it, I say, you better make sure that amount of money will get you at least one and a half X, if not two X in time, because the worst thing in the world is to have Vielen Dank. Basically, I'll give you whatever I have to give you because otherwise I'm out of business.

Proven Podcast
Investing Through Volatility

So when somebody says, I have X number of dollars and it's gonna take me a year to do it, I say, you better make sure that amount of money will get you at least one and a half X, if not two X in time, because the worst thing in the world is to have Vielen Dank. Basically, I'll give you whatever I have to give you because otherwise I'm out of business.

Proven Podcast
Investing Through Volatility

So when somebody says, I have X number of dollars and it's gonna take me a year to do it, I say, you better make sure that amount of money will get you at least one and a half X, if not two X in time, because the worst thing in the world is to have Vielen Dank. Basically, I'll give you whatever I have to give you because otherwise I'm out of business.

Proven Podcast
Investing Through Volatility

Versus if they come to you and you're fortunate enough to have cash flow and say, you know what, I don't really need your money, but I'll take it because it's always good to have some extra money in the bank. And you hope you never need it. That was our first round of funding. We took the funding, didn't need it, but they were really pushing us.

Proven Podcast
Investing Through Volatility

Versus if they come to you and you're fortunate enough to have cash flow and say, you know what, I don't really need your money, but I'll take it because it's always good to have some extra money in the bank. And you hope you never need it. That was our first round of funding. We took the funding, didn't need it, but they were really pushing us.

Proven Podcast
Investing Through Volatility

Versus if they come to you and you're fortunate enough to have cash flow and say, you know what, I don't really need your money, but I'll take it because it's always good to have some extra money in the bank. And you hope you never need it. That was our first round of funding. We took the funding, didn't need it, but they were really pushing us.

Proven Podcast
Investing Through Volatility

And at the time it was the largest investment into a private company in Illinois. Wir haben das Geld genommen, wir haben es nie getäuscht. Wir haben es nie benötigt, aber weißt du was? Toll, dass wir es haben. Keine Regret, dass wir ein bisschen Verlust hatten, weil es uns die Frieden der Meinung gab, dass wir sagen, wenn wir einen Hickup haben, werden wir mehr als gut.

Proven Podcast
Investing Through Volatility

And at the time it was the largest investment into a private company in Illinois. Wir haben das Geld genommen, wir haben es nie getäuscht. Wir haben es nie benötigt, aber weißt du was? Toll, dass wir es haben. Keine Regret, dass wir ein bisschen Verlust hatten, weil es uns die Frieden der Meinung gab, dass wir sagen, wenn wir einen Hickup haben, werden wir mehr als gut.

Proven Podcast
Investing Through Volatility

And at the time it was the largest investment into a private company in Illinois. Wir haben das Geld genommen, wir haben es nie getäuscht. Wir haben es nie benötigt, aber weißt du was? Toll, dass wir es haben. Keine Regret, dass wir ein bisschen Verlust hatten, weil es uns die Frieden der Meinung gab, dass wir sagen, wenn wir einen Hickup haben, werden wir mehr als gut.

Proven Podcast
Investing Through Volatility

So, I definitely take a less traditional approach with my hiring. And I've hired hundreds, if not a couple thousand. I've hired a lot of people. And as I said, it's like in my wheelhouses not to self-promote. I don't miss on hires by bringing in people. I might miss on not hiring somebody, but that I will never know. For me, and you made a comment earlier in the conversation about culture.

Proven Podcast
Investing Through Volatility

So, I definitely take a less traditional approach with my hiring. And I've hired hundreds, if not a couple thousand. I've hired a lot of people. And as I said, it's like in my wheelhouses not to self-promote. I don't miss on hires by bringing in people. I might miss on not hiring somebody, but that I will never know. For me, and you made a comment earlier in the conversation about culture.

Proven Podcast
Investing Through Volatility

So, I definitely take a less traditional approach with my hiring. And I've hired hundreds, if not a couple thousand. I've hired a lot of people. And as I said, it's like in my wheelhouses not to self-promote. I don't miss on hires by bringing in people. I might miss on not hiring somebody, but that I will never know. For me, and you made a comment earlier in the conversation about culture.

Proven Podcast
Investing Through Volatility

Und ich denke, für die meisten Leute ist Kultur ein Witzwort. Sie sagen, wir müssen eine wirklich gute Kultur haben. Ich kreiere tatsächlich großartige Kulturen in den Unternehmen. Und Leute haben mich gefragt, wie man das macht. Und meine Antwort ist, ich leite einfach durch, was ich tue. Ich bin nur ich selbst. Du kannst Kultur nicht lernen. You can hopefully get people to adopt the culture.

Proven Podcast
Investing Through Volatility

Und ich denke, für die meisten Leute ist Kultur ein Witzwort. Sie sagen, wir müssen eine wirklich gute Kultur haben. Ich kreiere tatsächlich großartige Kulturen in den Unternehmen. Und Leute haben mich gefragt, wie man das macht. Und meine Antwort ist, ich leite einfach durch, was ich tue. Ich bin nur ich selbst. Du kannst Kultur nicht lernen. You can hopefully get people to adopt the culture.

Proven Podcast
Investing Through Volatility

Und ich denke, für die meisten Leute ist Kultur ein Witzwort. Sie sagen, wir müssen eine wirklich gute Kultur haben. Ich kreiere tatsächlich großartige Kulturen in den Unternehmen. Und Leute haben mich gefragt, wie man das macht. Und meine Antwort ist, ich leite einfach durch, was ich tue. Ich bin nur ich selbst. Du kannst Kultur nicht lernen. You can hopefully get people to adopt the culture.

Proven Podcast
Investing Through Volatility

But the culture that we have, that we had at Vickersum, that we have at Tasty, is you try to hire really good people and you really challenge them. Now, when I say challenge them, my partner, the way I describe my partner is he lives to work and I work to live. Für mich ist es so, dass ich viele andere Dinge in meinem Leben genießen möchte.

Proven Podcast
Investing Through Volatility

But the culture that we have, that we had at Vickersum, that we have at Tasty, is you try to hire really good people and you really challenge them. Now, when I say challenge them, my partner, the way I describe my partner is he lives to work and I work to live. Für mich ist es so, dass ich viele andere Dinge in meinem Leben genießen möchte.

Proven Podcast
Investing Through Volatility

But the culture that we have, that we had at Vickersum, that we have at Tasty, is you try to hire really good people and you really challenge them. Now, when I say challenge them, my partner, the way I describe my partner is he lives to work and I work to live. Für mich ist es so, dass ich viele andere Dinge in meinem Leben genießen möchte.

Proven Podcast
Investing Through Volatility

Ich versuche also, so effektiv wie möglich zu sein, in den Stunden, in denen ich arbeite. Aber wenn ich nicht arbeite, dann mache ich die anderen Dinge, die ich machen möchte. Was wir also tun, ist, dass wir die Leute challenge, wir drücken die Leute, aber was wir auch tun, ist, dass wir den Leuten genug Rücken geben, dass sie sagen können, dass sie das tun können.

Proven Podcast
Investing Through Volatility

Ich versuche also, so effektiv wie möglich zu sein, in den Stunden, in denen ich arbeite. Aber wenn ich nicht arbeite, dann mache ich die anderen Dinge, die ich machen möchte. Was wir also tun, ist, dass wir die Leute challenge, wir drücken die Leute, aber was wir auch tun, ist, dass wir den Leuten genug Rücken geben, dass sie sagen können, dass sie das tun können.