From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209 - a podcast by Nathan Latka

from 2016-03-30T16:01:30

:: ::

Derek Capo, a former hedge fund guy, and Miami native who witnessed the 2007 real estate collapse first hand. Listen as Nathan asks Derek about his life in a hedge fund, his several entrepreneurial ventures, and what it’s like saying “See-ya” to South Beach to set up a business ½ a world away in China.



Famous 5:



Favorite Book? – N/A
What CEO do you follow?— Hoby Darling
What is your favorite online tool?— Asana
Do you get 8 hours of sleep?— No
If you could let your 20 year old self know one thing, what would it be?—Focus on more profitable businesses



Time Stamped Show Notes:
01:16 – Nathan’s introduction
01:35 – Welcoming Derek to the show
01:48 – Life in a hedge fund and in Fin Tech
02:22 – The biggest win?—Jet Blue—made $3-4 million in a few weeks
04:27 – Luck versus Skill in the hedge fund game
07:35 – Compensation in a hedge fund
08:50 – Not many 21 year olds get started in a hedge fund
09:50 – It’s ALL about the hustle
10:50 – Heading to China from Miami
11:18 – Seeing the financial crisis LIVE in Miami
12:16 – In the “shorting” game you have to be patient and willing to wait years to see your positions pay off
12:44 – Why Derek went to China
14:30 – The lifestyle in China is cheap, but not as cheap as you might think
14:58 – www.efin.com
16:25 – Derek has two partners from China
17:17 – How Derek will eventually make revenue with EFin
17:38 – So far have put $50K into the business
20:30 – Derek@Efin.com



3 Key Points:
Engage prospects with content before making an offer.
Get facetime with people, build intimacy.
Test different things to see what works well…when you find it, hit it hard and fast.



Resources Mentioned:
Edgar – Nathan uses Edgar instead of other scheduling tools for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over – time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn’t have to work or pay for.
Host Gator - Powerful web hosting made easy and affordable.
Google Keep – The online tool Ezra can’t live without
www.EFin.com – Derek’s new business
Derek@Efin.com – Derek’s email address


The Top is FOR YOU if you are:


A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)


STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)


An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)


The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).


Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.


 


Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop


 

Further episodes of SaaS Interviews with CEOs, Startups, Founders

Further podcasts by Nathan Latka

Website of Nathan Latka