Sign up to get updates from us
Have you ever considered that you have the next big tech idea? Our guest today is on a mission to build, scale, and sell 10,000 tech companies in the next decade through his company and Project 10K. He has partnered with top names in digital marketing and the influencer industry.
Jared Yellin is the founder of Synduit, a virtual marketing department for small business owners. It's the simplest marketing software available, covering 30 different industries and providing both content and workflows. The goal of Synduit is to help small business owners who can't afford to hire a marketing agency but still need one to succeed.
Project 10K is a training program to help individuals pitch their ideas. It's like Shark Tank, where individuals can pitch their idea to a review committee. The program provides a five-minute pitch training, a 70-page manual on the art and science of pitching, and even a presentation template. The review committee will either approve or reject the pitch; if approved, the next step is due diligence. This is an hour-long session where the individual presents their results from surveying their target audience to ensure they're solving the right problem. After due diligence, the committee debriefs and decides if they will move forward with the idea.
Keep tuned to learn more about Jared Yellin and his mission to help individuals bring their tech ideas to life.
Key Highlights
[00:00:58] Introduction to today’s guest:
[00:04:30] What type of technologies should business owners start considering incorporating into their business?
[00:06:06] What to consider when choosing a CRM
[00:07:13] What Synduit does
[00:09:49] How Synduit works
[00:14:17] The process of submitting an idea to Project 10K
[00:20:27] Some of the businesses that Jared is jazzed about
Notable Quotes
● When choosing a CRM, I would recommend finding one specific to your industry because there are probably specific workflows built into it by people who know your industry. So that will be a shortcut for you when it comes to getting set up.
● At Synduit, we've spent an enormous amount of time ensuring that everyday small business owners that are masters of their craft but they hate technology and that marketing is overwhelming to them can thrive in this.
● I always encourage any visionary entrepreneur who wants to become a tech founder to focus on solving one specific thing. The moment you try for two, both are going to be weak. When you go for three, all three will suffer, and you'll never get there because it gets really expensive as you start trying to solve more problems for your end user. Start with one specific thing that people are willing to pay for, then start scaling that one thing and then start making decisions on the next chapter of that business.
● With Project 10K, we will hit a 40% success rate with a hundred percent transformation rate, which means that every entrepreneur we say yes to will transform in the process.
● You should never do business with anyone that doesn't have a process, and if you don't have a process in you're business, then people shouldn't do business with you.
● I believe that everybody has an idea; they just don't know where to go with it, and often, when they look in the mirror, they don't see that person looking back at them is the one that's meant to execute that idea.
Resources
To get in touch with Joe:
LinkedIn: LinkedIn
Twitter: Twitter
the Lavahot Podcast is proudly sponsored by Rice's Termite and Pest Control.
Joseph Connell Jr.
