Why Men Are Losing Their Edge — And How to Get It Back

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Finding Peak with Ryan Hanley 45 min 2 speakers 8 chapters transcribed
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Why are men losing their edge in today's world?

Ryan Hanley 0:00
We're so we're in the middle of our seed round. We're looking for three. We have mill checking hand in bank already all like 25 to 100 checks. And then we're looking for about a million and a half. If you just start. Yeah. Yeah. So yep. So we got that first million with a lead, which is great that that basically puts everyone at ease. I already have a couple of the strategics in. We're going to collect those all at once. I'm doing the rounds on the funds. I'm trying to stay in this round inside the insurance industry because insurance, particularly property casualty insurance, it's so nuanced, dude. There are certain things about the insurance industry and particularly property casualty that are just like it only happens this way in this space.
Ryan Hanley 0:48
And I've been CEO of fitness companies, I've been CEO of tech companies, I've been in business for a while, done a few different industries, but this space, which for some reason I keep coming back to over and over again, I've been technically in it for 20 years now, like there are just certain aspects of the business that if you don't know how they work, you don't understand why you have to do certain things. And I've raised money from people outside the industry before and it tends to not work because they get very frustrated and it's like, Guys, we're not selling T-shirts, right? You have 50 different states with 50 different regulations. You have 5,000 carriers. Every single carrier has a different process for how you work with them. Everyone pays differently. Everyone's product is different. You then have 36,000 independent agencies spread out the country who all work in different ways, who all sell different things, who all have different issues. There isn't like a one size fit all solution.
Ryan Hanley 1:45
So you have to build your products in a way that matches that particular unique characteristic as one example. And so we're trying to stay in the industry, which limits our pool of investors, but I think we'll be able to get it done pretty quickly here.
No, but it does matter who you raise money from. I do a lot in the VC space, just defense tech.
Ryan Hanley 2:05
Yeah.
I'm in the middle of a $500 million raise right now.
Ryan Hanley 2:08
Yeah, that's a little different than what we're doing.
I'll send you a link over email to our latest press release. It's a bunch of guys from Tesla and DeRoll doing advanced manufacturing.
Ryan Hanley 2:18
Dude, I love what Angel's doing.
I had lunch last week with former Secretary of Defense Robert Gates. Do you remember him? Yes. From the Bush-Obama era. He's the only Secretary of Defense who worked with both Republicans and Democrats. One of the most brilliant people. He said it is the most perilous time in American history since World War II. I firmly believe that. People have no idea of that, but that's where we are today. And it's because of manufacturing. China's outproducing us 10 to 1.
Ryan Hanley 2:45
I had a conversation with a good buddy, been a friend for 25 years. Super smart guy. Anytime I'm raising for any company or whatever, when we get to the strategic part of it, there's a group of buddies I always just offer to. Dude, throw in 20,000 if you want. Just, you know, if I can make you some money, I'd love to do it, you know, whatever.

What distinguishes purpose from pleasure?

Ryan Hanley 3:03
So we're having, we're talking last night on the phone and we get done with that portion of the talk and we, you know, kind of swings over to like life and stuff. And I'm very interested in like, politics and what's happening in the world and very pro america very pro you know especially where we're kind of headed now versus where we were headed and i just like i find it intriguing like i'm just interested in it you know and and and he was like i don't even so i mentioned something that would be like base knowledge for you and me i can't even remember what topic i brought up and he like had no idea and i said bud what do you mean you don't know what I'm talking about? And he's like, I don't pay attention to that shit. And I'm like, Dude, you have two kids, you have a wife, you own a business, right? Like, how do you not at least have your periscope up a little on what's happening in the world, right? He's like, oh, I find I'm happier if I just don't know. And that, it dawned on me in that moment.

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