Episode
#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
55:17
Published: Sun Mar 01 2020
Description
Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, trends and businesses. We're joined by Zak Kukoff (@ZCK), a 25 year old VC of $500M Emergence Capital (emcap.com) who's home runs have been Zoom, Salesforce, Veeva, Yammer and more. Topics for today: Introducing our guest Zak Kukoff (1:22), Equity vs Cash comp debate (3:40), Zak leaving school at 16 to raise money (6:49), Does investing in young people work? Should they be building businesses or partying? (11:12), Deskless workforce (17:49), The passion economy (23:43), How and when to build a sales team to accelerate growth (33:07), Buying engineering-led businesses and raising the prices (36:22), AI teachers in sales & language (38:35) & Optimizng your copy (46:39). See acast.com/privacy for privacy and opt-out information.
Chapters
Learn about the benefits of a CRM, including task automation, centralized data, and cost savings compared to traditional CRM platforms.
00:00 - 01:31 (01:31)
Summary
Learn about the benefits of a CRM, including task automation, centralized data, and cost savings compared to traditional CRM platforms. Plus, hear about a free and easy-to-use option for getting started.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
The speaker comments on the number of well-known and influential people who tweet thoughtless things without considering their impact.
01:31 - 04:50 (03:19)
Summary
The speaker comments on the number of well-known and influential people who tweet thoughtless things without considering their impact. He notes that Twitter often rewards these types of tweets with attention and engagement.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
Late-stage startups, compared to their early-stage counterparts, are more likely to offer significant equity compensation that has a defined value and less risk of going to zero, basing compensation less on cash and more on equity.
04:50 - 07:26 (02:35)
Summary
Late-stage startups, compared to their early-stage counterparts, are more likely to offer significant equity compensation that has a defined value and less risk of going to zero, basing compensation less on cash and more on equity.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
The founder of Flexport talks about his experience juggling a startup and education, including attending a flexible college program that allowed him to create his own major.
07:26 - 12:19 (04:52)
Summary
The founder of Flexport talks about his experience juggling a startup and education, including attending a flexible college program that allowed him to create his own major.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
The speaker suggests that while it's important to socialize and have fun in college, it's also crucial to start strategizing and building a foundation for your career at a young age.
12:19 - 15:58 (03:38)
Summary
The speaker suggests that while it's important to socialize and have fun in college, it's also crucial to start strategizing and building a foundation for your career at a young age.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
This podcast provides helpful insights on building a startup and raising capital.
15:58 - 18:43 (02:45)
Summary
This podcast provides helpful insights on building a startup and raising capital. It emphasizes that getting outside funding is not always necessary and that the decision to raise venture capital should depend on the specific growth path the business owner wants to take.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
The use of computer vision for pipeline inspections is far more efficient than relying on human inspections, particularly for those in the upper middle-class demographic.
18:43 - 24:20 (05:36)
Summary
The use of computer vision for pipeline inspections is far more efficient than relying on human inspections, particularly for those in the upper middle-class demographic.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
The passion economy involves building small businesses around hobbies and interests and some of them require just collecting payments and distributing cash out, which makes for a great business model.
24:20 - 28:11 (03:51)
Summary
The passion economy involves building small businesses around hobbies and interests and some of them require just collecting payments and distributing cash out, which makes for a great business model. Understanding the lucrative long tail of building small businesses is helpful when you come from the industry you are tackling.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
In this episode, the speaker discusses the varying costs of subscription services for small businesses, emphasizing the importance of finding the right fit for your company's needs and budget.
28:11 - 31:03 (02:51)
Summary
In this episode, the speaker discusses the varying costs of subscription services for small businesses, emphasizing the importance of finding the right fit for your company's needs and budget.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
Startups face challenges like revenue delay and provision issues that affect their ARR.
31:03 - 35:41 (04:38)
Summary
Startups face challenges like revenue delay and provision issues that affect their ARR. The companies that achieve an ARR of $100 million face a "dead zone."
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
Even a good product with higher prices can build a multimillion-dollar business.
35:41 - 38:57 (03:15)
Summary
Even a good product with higher prices can build a multimillion-dollar business. Efficient customer acquisition is crucial for business growth and raising prices can be a way to achieve it.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
Startups are creating AI-enabled sales coaching tools that analyze sales calls and offer feedback to salespeople on how to improve.
38:57 - 42:04 (03:06)
Summary
Startups are creating AI-enabled sales coaching tools that analyze sales calls and offer feedback to salespeople on how to improve. These tools promise to identify the best sales practices, learn from top performers, and help businesses improve their sales teams' overall performance.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
An AI pronunciation coach is becoming increasingly popular, earning six million annually just through in-app subscriptions.
42:04 - 48:15 (06:11)
Summary
An AI pronunciation coach is becoming increasingly popular, earning six million annually just through in-app subscriptions. The product is a great idea, given the hundreds of millions of people trying to learn English worldwide.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
The speaker discusses the importance of concise and effective email communication and how it can benefit HR departments and companies.
48:15 - 52:01 (03:45)
Summary
The speaker discusses the importance of concise and effective email communication and how it can benefit HR departments and companies. He cites examples of successful communication tools like Grammarly and emphasizes the need for clear communication during the coronavirus pandemic.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
The complexities of homeschooling have discouraged many parents, but one founder believes more people should be homeschooled and wishes he had been given the opportunity.
52:01 - 54:21 (02:20)
Summary
The complexities of homeschooling have discouraged many parents, but one founder believes more people should be homeschooled and wishes he had been given the opportunity. He discusses the benefits and considers starting a homeschool coaching business.
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
In this podcast episode, an invitation is extended to the listeners to follow the speaker on Twitter and DM him for business ideas, particularly related to the discussed spaces.
54:21 - 55:12 (00:50)
Summary
In this podcast episode, an invitation is extended to the listeners to follow the speaker on Twitter and DM him for business ideas, particularly related to the discussed spaces.