Episode
Ep 32: Tracy DiNunzio (Part 3), Founder of Tradesy, on Rapid Growth and Rapid Learning
46:07
Published: Fri Sep 26 2014
Description
Part 3 of 3.Tracy DiNunzio is a killer. She's the self-taught founder and CEO of Tradesy.com, which has taken off like a rocket ship. She's raised $13 million from investors including Richard Branson, Kleiner Perkins, and yours truly, and board members include the legendary John Doerr. Tradesy is on a mission to make the resale value of anything you own available on demand. Their tagline is "cash in on your closet."Tracy is in the trenches 24/7, making it the perfect time to ask her... How has she created such high-velocity growth? How did she recruit the investors she did? What's been her experience as a female founder? What are her biggest mistakes made and lessons learned? This multi-part series, fueled by wine, will answer all this and more. Even if you have no desire to start your own company, this 3-part series will get you amped to do big things.This series is brought to you by the Tim Ferriss Book Club at www.audible.com/timsbooks***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chapters
Receive a free vitamin D supplement and five travel packs with your first subscription purchase of Athletic Greens' all-in-one formula, packed with multivitamins, prebiotics, adaptogens, and more for optimal gut health, immunity, and energy.
00:00 - 03:57 (03:57)
Summary
Receive a free vitamin D supplement and five travel packs with your first subscription purchase of Athletic Greens' all-in-one formula, packed with multivitamins, prebiotics, adaptogens, and more for optimal gut health, immunity, and energy.
EpisodeEp 32: Tracy DiNunzio (Part 3), Founder of Tradesy, on Rapid Growth and Rapid Learning
PodcastThe Tim Ferriss Show
The speaker shares their experience in practicing a complaining diet where they refuse to have negative thoughts and only focused on positive ones, which resulted in changing their brain and ultimately, improving their life.
03:57 - 13:05 (09:07)
Summary
The speaker shares their experience in practicing a complaining diet where they refuse to have negative thoughts and only focused on positive ones, which resulted in changing their brain and ultimately, improving their life.
EpisodeEp 32: Tracy DiNunzio (Part 3), Founder of Tradesy, on Rapid Growth and Rapid Learning
PodcastThe Tim Ferriss Show
The company experienced a huge growth spurt that allowed them to raise a $13 million series B investment led by Kleiner Perkins, John Doar, with Richard Branson and previous investors joining.
13:05 - 21:45 (08:40)
Summary
The company experienced a huge growth spurt that allowed them to raise a $13 million series B investment led by Kleiner Perkins, John Doar, with Richard Branson and previous investors joining. Existing investors made a deal to provide another million dollars if the company hit its first-quarter growth targets.
EpisodeEp 32: Tracy DiNunzio (Part 3), Founder of Tradesy, on Rapid Growth and Rapid Learning
PodcastThe Tim Ferriss Show
This podcast discusses the importance of balancing marketing spend for startups in order to maximize the value of their customers.
21:45 - 30:44 (08:59)
Summary
This podcast discusses the importance of balancing marketing spend for startups in order to maximize the value of their customers. It emphasizes that accounting for the worst-case scenario is necessary in order to prevent rapid misspending of resources.
EpisodeEp 32: Tracy DiNunzio (Part 3), Founder of Tradesy, on Rapid Growth and Rapid Learning
PodcastThe Tim Ferriss Show
The speaker recommends "The Everything Store" for detailing the process of building something, and the resources from AngelList for honest accounts without glorifying the process.
30:44 - 37:17 (06:32)
Summary
The speaker recommends "The Everything Store" for detailing the process of building something, and the resources from AngelList for honest accounts without glorifying the process. The books provide guidance for people starting out and have a realistic approach to building a company.
EpisodeEp 32: Tracy DiNunzio (Part 3), Founder of Tradesy, on Rapid Growth and Rapid Learning
PodcastThe Tim Ferriss Show
It's a fallacy to think that waiting to have enough money or knowledge is necessary to pursue your dreams.
37:17 - 43:53 (06:36)
Summary
It's a fallacy to think that waiting to have enough money or knowledge is necessary to pursue your dreams. Ignoring the risks and being driven by a calling is often the way to go.
EpisodeEp 32: Tracy DiNunzio (Part 3), Founder of Tradesy, on Rapid Growth and Rapid Learning
PodcastThe Tim Ferriss Show
Tracey and the host discuss the vision of Tracey's company and the potential impact on the world.
43:53 - 46:03 (02:09)
Summary
Tracey and the host discuss the vision of Tracey's company and the potential impact on the world.