The Savvy Entrepreneur: Curate Solutions

Taralinda and Dale Willis, the Co-Founders of Curate Solutions, prove once again that the opportunities for creative businesses are almost unlimited.  Curate Solutions is a Wisconsin-based startup that makes local government data more accessible through its AI platform.

Taralinda, the CEO, joins The Savvy Entrepreneur to share the story of how they came up with the idea, how they found their first clients, and how they basically bootstrapped their way to success.  She offers tips for creating and building a business, finding helpful resources (including a stint with Madison's famed Gener8tor accelerator program).  She also provides incites on pivoting to meet customer needs, scaling a startup business, and generally staying nimble.

Her candor is refreshing, and the story of Curate Solutions is a great listen!  Click on the arrow to hear the show, or click here if you'd prefer to read a transcript of our interview!

The Savvy Entrepreneur: Franchising Basics

Franchising is a popular way to start a new business.  Scott Majeski, a franchising consultant who is the Managing Partner of FranNet for Chicago and NW Indiana, joins The Savvy Entrepreneur to talk about franchising basics. FranNet advises its clients on franchising, helping match them with the right franchising option.  Scott likens the business model to a real estate agent — there is no charge to the buyer, and the franchising company pays FranNet for a successful match with a new franchisee.

Scott shares all the franchising basics: the pros and cons of franchising, as well as what makes franchisees successful.  He speaks from experience, having built and operated a successful PuriClean disaster recovery franchise himself.  He talks about some of the common misconceptions about franchising, the kind of people who are a good fit for franchising (and those who are not), the most common mistakes franchisors make, and some of the costs associated with franchising.

It's a good, practical overview of franchising for those considering this option.  Click on the arrow to listen, or click here if you'd prefer to read a transcript of the show!

 

The Savvy Entrepreneur: The Orsini Way

Dr. Anthony Orsini, Founder of The Orsini Way, dedicated his career to helping people have difficult, compassionate conversations after an incident during his medical training.  His senior, whom he knew to be a very compassionate doctor, completely botched delivery of the news to a father that his baby had just died.  Dr. Orsini reasoned that, if someone this humane could still fail to deliver difficult news effectively, then there must be a need out there.

He spent the next 10 years researching the best ways to deliver bad news, and experimenting with how to teach others.  Since then, he has become increasingly known for The Orsini Way, which helps people — both healthcare providers and business leaders — to have difficult yet compassionate conversations.

He joins The Savvy Entrepreneur to share his story and research — it's a fascinating listen.  He also offers tips to help everyone have better conversations  — click on the arrow to hear more! Or, go here if you prefer to read a transcript of the show!

You can also read his book or catch his podcast, “Difficult Conversations,” to learn even more.

The Savvy Entrepreneur: Creating a Value-driven Culture

Dr. Shashikant Gupta, or Shashi as he is called, co-founded Apex Co-Vantage with a radical idea:  that business should be a force for good.  What he means by that isn't really about sustainability or reducing our carbon footprint or donating to charity (although he established the Gupta Family Foundation to do that).

Shashi recently joined The Savvy Entrepreneur show to explain that, instead, the culture that his company lives and breathes is based on three simple core values:  (1) integrity (2) human dignity and (3) the relentless pursuit of excellence.

These might sound like typical big-company mission statements.  But the way he has implemented them has been described as “zen.”  By integrity, he means that everybody in the company is always empowered to tell the truth and not avoid the facts.  People have been fired when they have told customers things that aren't true.  Employees at all levels of the company do not to “whitewash” information, and are empowered to speak to managers at any level about disagreements or things of concern.

By human dignity, he means that every employee conducts themselves in a way that enhances the other person's dignity.  And by that, he means that the stronger or more powerful you are in the company, the gentler you should become. And this applies not only to other employees, but to customers and to vendors.  For example, the company has no vacation policy — you can take as much as you want, and no one keeps track.  And the employee handbook is a slim four pages.

He and his co-founder refused outside funding in order to build this culture and avoid the pressure to only make money.  And the result is a company culture that employees, customers, and vendors alike sense is palpably different.

But his company isn't a non-profit; nor is it struggling financially.  He is clearly and rightfully proud that his company lives these values, and yet is highly profitable.

Click on the arrow to listen to Apex Co-Vantage's fascinating story and how they have built a company that many people dream of working for! Or, if you prefer to read a transcript of the show, just click here.

The Savvy Entrepreneur: The Winnow Fund & Seed Funding

Richelle Martin tells The Savvy Entrepreneur show that she founded the Winnow Fund and got into venture capital by chance.  She never planned to raise money for a venture capital fund.  But with the encouragement of one of the directors of Wisconsin's state Badger Fund of Funds, she became the first woman to create a venture capital fund in the state.

The Fund of Funds was looking for someone to help more professors and researchers within the state's university system to take the plunge and become entrepreneurs.  Wisconsin, like most states, has many people in academia creating new ideas.  But the challenge is to get those ideas out into startup companies.  Richelle's  background as a lawyer, her familiarity with the University of Wisconsin system, and her knowledge of intellectual property and technology transfer made her a great fit for the Winnow Fund.

The Winnow Fund provides seed money to companies (and even just ideas) in agriculture, medical devices, medical imaging, advanced manufacturing and engineering products.

Click on the arrow to the left to listen to Richelle's amazing story of how she founded the Winnow Fund and tips on  what seed investors look for.  Or, you can read a transcript of the interview here.