Adam Lyons, Founder of TheZebra.com, Shares How A Cold Email to Mark Cuban Got Him to Invest
On this episode of Business Insanity Talk Radio, we first talk about how entrepreneur Adam Lyons emailed Mark Cuban out of the blue and secured an investment from him. Then, we'll speak to an Israeli immigrant about his story and the incredible differences immigrants have made in this country. Plus, we'll talk to a small business owner about the key to successfully running a business with multiple locations and how to work with your spouse. Finally, what would make someone want to innovate the design of a water bottle? We'll talk to an entrepreneur who has done just that.
Segment 1: Adam Lyons is the founder of TheZebra.com. In 2012, Adam (while on unemployment) founded TheZebra.com in his friend's basement and set out to create the "KAYAK for Auto Insurance". Adam has been named to Forbes' 30 Under 30 List in 2017, EY Entrepreneur of the Year finalist 2016, Inc. Magazine's 30 Under 30 list in 2015, and received the 2014 Empact 100 Award at the United Nations.
1:30 – How Adam's out-of-the-blue email to Mark Cuban lead to Mark investing in Adam's company (read the story on Inc).
5:15 – How Adam created TheZebra.com to be the KAYAK for Auto Insurance.
6:45 – Why has this caught on with consumers?
7:45 – How did the insurance companies respond to your company?
8:45 – Why Adam hired a KAYAK Exec to replace him as CEO (read the story on Forbes).
Segment 2: Lior Rachmany, an Israeli by birth, first arrived in New York in 1998, with the hopes and dreams of making it in the music industry. Upon his arrival, though, to make some money, he began serving as a moving man for one of his now competitors during the day and rehearsing his music at night. After eight years of this grind, Rachmany saw an opportunity to channel his creativity from music into his "day job" and decided to build out his own moving company launching Dumbo Moving + Storage in January 2007.
15:30 – Why did you come to the U.S. from Israel?
16:15 – Why did you decide to open your own moving and storage company?
18:45 – Was it easier to be an immigrant in 1998 than it is today?
20:00 – The effect immigrants have on the U.S. economy.
22:00 – How Lior's company finds their workers who are often immigrants.
Segment 3: Barry Moltz shares how to get your business unstuck.
30:30 – Do any of these sound familiar? You might be stuck!
32:00 – How to take your business to the next level.
Segment 4: Dr. Rajan Sharma has been in the dental industry for over 20 years working as an endodontist. He launched EON Clinics nine years ago and it has grown to become the leading dental implant center in Chicago. EON Clinics has six locations spanning from Illinois, Indiana and Wisconsin.
40:30 – How do you successfully run six locations?
41:30 – How did you decide to go off on your own after working in the dental industry?
43:00 – How did you transition from a practicing endodontist to a small business owner?
44:15 – What it means to work with your spouse and how to have work-life balance.
Segment 5: Niki Singlaub, the founder and creator of the HYDAWAY bottle, is changing the way consumers drink water. It's portable and eco-friendly and its innovative design allows it to collapse to less than 1-inch thick, so it fits easily in a backpack, purse or pocket. Hydaway is based in Oregon. They just reached an agreement to sell Hydaway Bottles in Bed, Bath & Beyond.
49:30 – Why decide to innovate the design of a water bottle?
50:30 – Why don't people use reusable water bottles?
51:45 – How has the Hydaway bottle been accepted and what's in store for it?