Deciding who you’ll be on your $4 Billion day – in advance

Description:

Welcome to Season 3! We're kicking things off with a bang interview EY Entrepreneur of the Year, Jason Wenk about his $4B (with a B) sale of Altruist to Vanguard. But this is no "how I built it" story...

It's a story of what trust making is possible when we build for a community and from a community. What happens when we focus down and ignore the noise. What happens when aliens totalizing mission captures every decision including and especially your relationship to capital.

Nick gets down to the real story of Altruist in his interview with Jason. Exploring some of the loudest critiques that have been surfaced since its sale for $4B to Altruist, and tying back the success to core principles that are applicable at any scale.

This episode challenges that prevailing rhetoric around big acquisitions for big dollars being opposed to human-first, trust-making values. In this story, the two are inextricably linked. 

Chapters
00:00 — Season Three: Our Humanity and our Businesses Belong Together
05:05 — Introducing Jason Wenk and Altruist
07:45 — Building Financial Advice for More People
18:09 — Start Small: Focus, Product Fit, and Customer Trust
39:19 — Funding a Mission-First Company
47:10 — Staying Grounded While Building
51:12 — Why Altruist Joined Vanguard
64:40 — Build a Great Company, Not an Exit Strategy

Links:

Trust-Made Growth®

  • Leaders who want to understand how to reformat their growth strategies to address trust decay should explore more at https://culturecraft.com
  • Independent Professionals can join the free community exploring how to return trust to our commerce and our communities at https://trustmadegrowth.com
  • Have a business topic you want us to decide if it's working or broken? Have a question about the episode? You can email us at podcast@culturecraft.com.

Damns Given is a weekly podcast from CultureCraft® founder, Nick Richtsmeier, where he and sometimes guests break down the games (systems) entrapping values-driven leaders and together they co-create solutions to build with purpose and escape the extractive game.

WATCH or LISTEN ON:

Nick Richtsmeier, host of Damns Given and founder of CultureCraft® created Trust-Made Growth® to invite and nurture businesses at the systems layer where growth can too-often turn into decay and fragility, particularly when powered by extractive and hyper-tactical modern “scaling” strategies.

Trust-Made Growth is a decision ecology which takes every part of the venture and aligns it with the proven methodology for building resilient and long-term credibility that stimulates growth from trust, relationships, and value.

It is the counterbalance to an economic system designed to reduce value and punish expertise.

Six Trust-Made Growth Factors that underpin Damns Given:

How you build relationships around a venture

Clear beliefs and thinking about everything your venture touches

How you define your ability to solve your ideal client's problems

The implicit way of being in an organization

How a venture allocates authority, responsibility, and accountability

How you design your services around your ideal client

Ready?

BOOK A FREE FOUNDER TO FOUNDER CONSULT WITH NICK AND SEE WHAT’S POSSIBLE.