EP 428: Super Creative Dad of 4 Buys Time By Minimizing Expenses, Launches Drone Info Company with Egbert Oostburg - a podcast by Nathan Latka

from 2016-09-25T09:00

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Egbert Ootsburg, onto The Top. Egbert runs a company that designs apps for the scalding-hot consumer drone market. Listen as Egbert talks about his strong ambition to make a difference in the world and how he takes advantage of the drone market.

Famous Five:

  • Favorite Book? – Zero to One
  • What CEO do you follow? – Andy Stanley
  • Favorite online tool? — Evernote
  • Do you get 8 hours of sleep?— “Are you kidding?”
  • If you could let your 20 year old self know one thing, what would it be? – “To get started faster and not to wait for something to occur before giving yourself permission to succeed”

 

Time Stamped Show Notes:

  • 01:37 – Nathan introduces Egbert to the show
  • 02:06 – How Egbert generate money
    • 02:18 – Open Skkye App
    • 02:45 – Helps Drone pilots find places where to fly versus not fly
    • 03:25 – 2015 total revenue
    • 03:44 – Drone Aviator
  • 05:00 – Leaving the corporate world
    • 05:10 – Worked with Pfizer in 2009
    • 05:38 – Biggest recommendation
    • 05:55 – “There’s always a way to bootstrap something”
  • 06:20 – Egbert did a consulting job
    • 06:31 – Consulting revenue
  • 07:07 – The gap between the pre-revenue and 2009
    • 07:35 – Drone industry
  • 08:25 – Creative ways to decrease expenses
    • 08:36 – “Live on the basics that you need”
    • 08:52 – Cut the monthly expenses to 45% of previous total
    • 09:09 – 4 kids
  • 09:46 – How much money you keep is NOT how much money you make
  • 10:05 – Reason why Egbert’s business attracted investors
    • 10:24 – Experience in aviation from Navy
      • 11:05 – Anticipated revenue in the next quarter
    • 11:55 – About half a million registered users
    • 12:17 – New items every week
  • 12:37 – Connect with Egbert thru his LinkedIn and Twitter
  • 14:55 – The Famous Five

 

3 Key Points:

  • Believe in the vision of what you’re doing and create value.
  • It is about how much money you keep, not how much money you save.
  • Get started faster.

 

Resources Mentioned:

  • Toptal – Nathan found his development team using Toptal  for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to quality of Toptal  developers.
  • Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
  • Freshbooks – The site Nathan uses to manage his invoices and accounts.
  • Leadpages  – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
  • Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
  • LinkedIn – Egbert’s linkedin account
  • @EgbertOostburg  - Egbert’s twitter handle
  • Show Notes provided by Mallard Creatives

 

Further episodes of SaaS Interviews with CEOs, Startups, Founders

Further podcasts by Nathan Latka

Website of Nathan Latka