This week’s Misfit Entrepreneur is Matt Ward. Matt is an angel investor, startup advisor and serial entrepreneur that’s helped thousands build, grow and scale successful startup companies through his efforts with FBA ALLSTARS and The Syndicate podcast.
Thanks to three successful exits of companies he founded, Matt now runs an investment syndicate focused on seed stage tech companies, while also serving as an advisor for several startups.
Matt’s a frequent writer on Medium.com, author of Gods of the Valley – How Today’s Tech Giants Monopolize the Future and has been featured in Mattermark Daily, The Next Web, Inc, VentureBeat, Think Growth, Hackernoon and numerous other publications.
And if that is not enough, he’s also the founder of The Disruptors Podcast, a show that brings together scientists, startups, innovators and thought leaders to have discussions on the direction of humankind. With such a diverse background, there are is a lot we have to talk about in this episode.
Get Matt’s Book, Gods of the Valley at https://disruptors.fm/gods-of-valley/
Matt never really fit into a traditional job type roll and quickly found his way into solo-entrepreneurship. He built a couple of e-commerce companies that failed. Then, he stumble into crowdfunding. He was in southeast Asia and moved to China to start a new e-commerce business from the lessons he learned and have the products manufactured there.
He had designed a laptop case that opens into a standing desk and while he was waiting for his first prototype to be created, he decided to start selling already made products on Amazon and things took off. He ultimately sold the business and then used that money to fund his “phase 2.” He also started his podcasts.
The first phase for him was about making money. He was selling things, but wasn’t really passionate about the products, but knew he needed to do it to get to a point where he had the resources to focus on what actually mattered to him and that is where he is now.
Now, he works with startups as an advisor on growth marketing, scaling, and building their business larger. His big focus is Disruptors.FM looking at the future of technology and the convergence of all the technological progress. At the 8 min mark, Matt talks about what he is seeing happening in the technology space and why Disruptors is so important.
At the 9:22 mark, Matt explains what it means to “think bigger” and the challenge he gives to us to do so…
What are the things you teach those your work with when it comes to thinking bigger. How do they do it? Where do they start?
At the 14 min mark, Matt asks me questions and uses Misfit as an example of how we can think bigger…
It’s what matters most…
Then asking the question, “What would have to change to 10x or 100x that metric?"
If you are measuring the right thing, then 10x and 100x become easier…
Things don’t scale the way you think. You have do things differently at each level to get to the next level.
The way that you think about starting something is not the way that you think about growing it and building a lasting organization. It is a different thought process and skillset.
What are some of the key thing you’ve learned along the way that have helped you succeed?
If you had to choose one thing, that if you had known it before starting on your entrepreneur path, would have accelerated your success, what would it be?
Where do you see the state of humanity going? What’s coming?
Where do you see the biggest disruption happening over the next 10-20 years?
At the 46 min mark, Matt talks about other areas that you should look at and keep tabs on.
Best Quote: “If you are doing something and it doesn’t feel right, then it is for good reason. Your gut is almost always right.”
Matt's Misfit 3: