Ryan Allis
14 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Apr 9, 2012 by Ryan Allis · across every show →
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Everything said about Ryan Allis, oldest first
Apr 9, 2012
Allis: Hitting over 75% of goals means targets were not ambitious enough
“The secret with goals is if you're hitting 75% of your goals aren't ambitious enough, and most people feel bad when they don't hit a goal. I feel bad when I'm hitting too many of them, as ironic as that sounds. And so, you want your goals to be sufficiently am…”
Apr 9, 2012
Apr 9, 2012
Apr 9, 2012 bullish
Allis plans 25 years of venture investing across sub-Saharan Africa
“What I plan to do with the next 25 years at least is to become a great venture capitalist and a great private equity investor in companies and countries like Nigeria, Ghana, Kenya, Uganda, Rwanda, Tanzania, Ethiopia, Zambia, South Africa. And really sub-Sahara…”
Apr 9, 2012
Apr 9, 2012
Allis grew iContact to $1M in sales shortly after turning 21
“I remember we chatted last time about a goal I set when I was 16 to build a company to a million dollars in sales by the time I turned 21. And I told you I missed that goal by 18 days. But you know what? I was 21 years old in 18 days, and eye contact got to on…”
Apr 9, 2012
Apr 9, 2012
Apr 9, 2012
Allis: iContact Reached $47M+ Annual Revenue and 70k Customers
“We started the business in 2003, and you're right, we did everything we could to keep expenses low, sleeping on futons, eating lots of rum and noodles as we built up eye contact over the years to 70,000 customers, a little over forty seven million in annual re…”
Apr 9, 2012 neutral
Allis: iContact rejected a previous buyout offer following EO forum advice
“We had a company coming to us That had made an offer to buy our company a couple years ago by eye contact, and I took it to the forum, and I said, is this something I should do? Is this not something I should do? And I ended up getting some very valuable advic…”
Apr 9, 2012 positive
Allis: The role of an entrepreneur is to minimize risk
“I think the role of the entrepreneur is to constantly minimize risk. As ironically as that sounds, your goal is to arrange land, labor, capital, entrepreneurial ability to create a value of outputs that's greater than the sum of the inputs and to hopefully cre…”
Apr 9, 2012 bullish
Allis: Founders should take secondary liquidity to think long term
“I think the value as an entrepreneur of having a million dollars in your bank account, for example, is that it does allow you to think longer term. And to think bigger. And so I do encourage other entrepreneurs if they have the opportunity to take some chips o…”
Apr 9, 2012 negative
Allis: Large preferred venture rounds increase liquidation risk for common shareholders
“When we raised forty million dollars in, in series B preferred security, which is how you do venture capital, that forty million dollars is now senior in the capitalization structure, which means above all of the common shareholders, which is me, my co-founder…”
Apr 9, 2012 neutral
Allis: CEOs must run skip-level meetings to overcome executive isolation
“Certainly there is this executive amplitude or leaders amplitude where people are afraid to come to you and tell you things. And so you just have to proactively reach out and be extremely friendly and do skip level meetings and things like that.”