Every argument clarity score on this site is built from rows on this page. Each
question and answer was assessed with names hidden, the host's own answers included, on
four things from 1 to 5:
directness (does it answer the question asked), coherence (do the ideas follow),
precision (concrete details and clear references), compression (says a lot per word). The weighted
mix (30/30/25/15) is the exchange score. A person's published score averages their exchange
scores on raw tape only, at least 8 of them, shrunk toward the cohort mean.
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Answered produced feed
D 5 · C 5 · P 5 · Cm 4 4.85
Q Yeah, very cool. Now, uh, moving forward to where that company is today, um, is that still putting cash in your pocket, or do you have other expenses like a team or additional product lines or things like that?
A Yeah, so that company, we, we scaled up to be pretty large, and then ended up, uh, pulling back a little bit after learning a little bit about what the best, uh, suppliers were that we were working with, and the best products that sold the best. So right now, the company still operates. We're doing between one and two million dollars in revenue per year, and we have a team of about 10 people, um, located around the world, just freelancers, uh, experts within different aspects of running Amazon stores, who are helping us to run that company. So, um, myself and my business founders aren't as involved in that as we used to be, On a daily basis, but the company continues to run just because we know really well how to work Amazon.
AI assessment note: “We're doing between one and two million dollars in revenue per year, and we have a team”
Answered produced feed
D 5 · C 5 · P 5 · Cm 4 4.85
Q Okay. So yeah, let's, uh, now we understand that fast forward again to free up. So what year did you launch it in?
A Yes, sure. So we launched free up in the fall of 20 15. We, me and my business partner had learned a lot about hiring freelancers and remote workers It was through using Upwork and what used to be Odesk and Elance, and we didn't like the process of having to post jobs, interview people, hire them, and then figure out if they were going to be the right fit or not, and we spent a lot of hours wasted just trying to find the right people, and so we wanted to create a better solution where the business owner didn't have to do that upfront work, could just come to a website, request exactly who they needed by saying, you know, the skill they needed, the price they wanted to pay, and then the people would be ready for them. And so that's what free up does. We, we bring in people, we recruit them, we put them through our own interview process. We accept the top one percent of these workers, and then we make them available to our clients as they sign up to the network.
AI assessment note: “we launched free up in the fall of 20 15.”
Answered produced feed
D 5 · C 5 · P 5 · Cm 4 4.85
Q Interesting. And what kinds of things are you doing to get CEOs like me to spend more money with you?
A Yeah, sure. So a, a big thing that we do is, um, we have a pretty awesome referral program where, uh, our, all of our clients can refer, free up out to their network or out to other people, and they receive 50 cents for every single hour that's billed to anyone that they refer. Um, so it's, it's a pretty good incentive program that has gotten people interested in, and, and giving it out to people, and then those ones are interested, and if they end up billing a lot of hours, that first refer can make a decent amount of money, and of course that's then offered to the next person as well, so. A lot of, a lot of new clients have come through the referral system. And then once they're in the system, a big thing that we do that is different than, uh, other platforms like Upwork is we're, we're pretty hands-on. So once you actually sign up, we, we reach out to you personally. We talk to you about your hiring needs. We tell you all about the network and, and how we do things differently and the skill sets we have. So we, we stay pretty engaged with the people who are using us.
AI assessment note: “we reach out to you personally. We talk to you about your hiring needs.”
Answered produced feed
D 5 · C 5 · P 5 · Cm 4 4.85
Q Okay, so 27. How do you figure out, um, The quickest way to build your personal wealth using these businesses as a vehicle to do that. And really that question simplified is how do you decide when to pull money out? What do you pay yourself out of this business?
A Yeah. Good question. So, uh, it's, it's kind of been a thing that we played with and toyed with, uh, as we were building both companies. So I've worked with the same business partner for about seven years now. And so with the, the first Amazon business, we were, we were putting a lot of cash back into the business to create more growth and we had a larger full-time team. And so we kind of learned from that experience and saw that we should be taking out and growing our personal wealth a little bit more. And so with free up, we, we kind of have just an equation of how we do it. So, For any of that 20% that we're earning, uh, we usually take about half of it and pay ourselves out, put another quarter of it into actually regrowing the company, and then put the rest of the quarter into kind of a cash reserve so that we can make sure that the company's, um, has a backup in case of times that are going down, or we run into roadblocks along the way.
AI assessment note: “we usually take about half of it and pay ourselves out”
