Operator Andy Ellwood describes how focusing strictly on controllable activity metrics led to early sales success selling life insurance.
Assertion Not checkable as stated
Andy Ellwood claims over 70% of founders he knows grew up religious
“If I'm, if I go through my Rolodex of founders, the number of founders that I know who grew up with some amount of religion in their life, Pretty high. Like, it's north of 70%. Like, they grew up believing in something that they couldn't see, and so they're pr…”
Opinion
Ellwood: College is unnecessary if you know your career goal
“Like right now, there's no reason to go if you know what you want to be when you graduate. Because all of it is online for free and you can just start being the thing like quickly, but the accountability to actually do it is the reason people don't.”
Insight
Ellwood: Sales Science Is Volume, Sales Art Is Funnel Efficiency
“The science is, you know, the law of large numbers, you know, 10, three to one, right? The art is making it, you know, five, three to one, right? So instead of having 10 leads, I get you three pitches to get you one, right? Being able to reduce the spread of t…”
Insight
Ellwood: Waiting 30 days turns post-event clarity into actionable wisdom
“Write it all down as explicitly as you possibly can. And then wait 30 days. And if you still want to do any of those things, do it on the 31st day. And it was such a, it was such great advice, because it allowed the experiences I had to metastasize into wisdom…”
Assertion Not checkable as stated
Andy Ellwood says investors will never back pre-seed founders demanding $500K salaries
“They're like, yeah, but I need to be making half a million in, like, the pre-seed stage of the company. In order for this to work. And I'm like, well, that's just never going to happen. Like zero people will invest in that.”
Assertion Supported
Andy Ellwood claims he helped sell Waze to Google
“After that was, we sold ways to Google.”