Ep. 26 | When Systems Replace Founders | Zach Ferres, ex-CEO, Advisor, Investor, and Startup Builder

So, you've been told to just keep pushing harder and working more to get your business to the next level, but the results just aren't matching the effort. The frustration of putting in so much and not seeing the growth you expect is real. It's time to rethink your approach and find a better way to navigate the stages of business growth.

We’re excited for you to hear from this week’s guest, Zach Ferres. Zach is a seasoned entrepreneur with a knack for building and scaling businesses. Hailing from Ohio, his entrepreneurial journey began during his high school days when he ran a computer and web design company. This venture even earned him a scholarship for college. Zach's career has seen him transition from web design and hosting to venturing into the world of corporate venture capital, innovation, and building one of the largest startup studios in the US. His experience as a CEO, advisor, and investor has equipped him with a unique perspective on navigating the complexities of business growth. With a portfolio of diverse ventures and a passion for entrepreneurship, Zach brings a wealth of practical insights to the table.

Key highlights in this episode:

• Building a sales system in startups is crucial for sustainable revenue growth.
• Navigating the different stages of growth to plan for long-term success.
• The value of joining peer groups and the insights and support they provide.
• Transitioning from founder to leader requires strategic mindset shifts.

The speed of the boss is the speed of the team. - Zach Ferres

Navigating the Stages of Business Growth Understanding the different stages of business growth is key for CEOs and entrepreneurs to successfully navigate the challenges that come with each phase. Identifying transitional points between growth stages and seeking guidance and support can aid in making informed decisions. It is essential for CEOs and founders to establish clear processes to guide their teams toward success.

Being part of peer groups can provide valuable insights, support, and guidance for leaders navigating through the complexities of growth. Connecting with like-minded individuals who can challenge and offer solutions can enhance decision-making and problem-solving.

 

The resources in this episode:

• Find Zach on LinkedIn
• Visit Telly.com to join the waitlist and learn more about their innovative dual-screen TV product.
• Explore Zach's personal website to learn more about his work and insights.

 

About Zach Ferres

Zach is a seasoned entrepreneur and technology executive with a passion for startup building and fostering entrepreneurial communities. His entrepreneurial journey started during high school when he founded his first technology company, which was later sold when he was 24, leading him to relocate to Arizona. He has since called Arizona home.

In 2012, He assumed the CEO position at Coplex, where he currently serves as a Board Member and Managing Partner. Coplex has been instrumental in starting over 200 startups, building a diversified equity portfolio of over 60 companies, and becoming one of the largest Startup Studios in the US. They partner with enterprises to create technology startups and have been featured in Entrepreneur, Forbes, The Washington Post, VentureBeat, and Fast Company.

Beyond Coplex, he holds various board and advisory positions at thriving technology companies that he actively supports. As a top-rated tech speaker, he has addressed thousands of CEOs across the country, and he also had a long-standing column with Entrepreneur Magazine, where he shared his insights on entrepreneurship, innovation, and corporate venturing.

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