In this episode of Lessons in Leverage, Spencer interviews Jason Vego, the CEO and co-founder of Bevz. They discuss Jason's journey from a corporate career to entrepreneurship and the lessons he learned along the way. They also explore the concept of leverage and how Jason was able to harness it in his business. The conversation covers topics such as starting a dog grooming business, the fear of failure, the importance of learning and growth, and the value of human capital. Jason shares insights on finding leverage through collaboration, humility, and a growth mindset. In this conversation, Jason Vego, the co-founder and CEO of Bevz, discusses the value of relationships and building a strong team in entrepreneurship. He emphasizes the importance of leveraging college networks and alumni networks to find people with the right skills and values. Jason also shares his experience of launching tech businesses without a technical background and highlights the significance of finding the right technical co-founder or advisor. He talks about the shift from recruiting a diverse group of talented individuals to building a team of niche specialists as the business grows. Additionally, Jason discusses the strategic levers he uses to get more out of less, including international hiring and leveraging finance through venture capital and lines of credit.
Takeaways
- Starting a business involves taking risks and learning from failures.
- Leverage can be found through collaboration, humility, and a growth mindset.
- Human capital is a key factor in building a successful business.
- Painting a compelling vision and communicating it effectively can attract talented individuals.
- Money is not always the primary motivator for people to join a startup.
- Building a strong network and leveraging relationships can provide valuable resources and opportunities. Leveraging college networks and alumni networks can help in finding people with the right skills and values for your team.
- Finding the right technical co-founder or advisor is crucial for launching tech businesses without a technical background.
- As the business grows, there is a shift from recruiting a diverse group of talented individuals to building a team of niche specialists.
- International hiring can be a cost-effective way to access highly skilled talent.
- Venture capital and lines of credit can be strategic levers to finance and grow a business.
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