I’m very happy to welcome Eddie Geller on the show! He has been an investor and entrepreneur in the online world since 1994. He made a $15M exit in 2011 and now is the CEO of Tinybeans. Eddie follows his passion for helping parents raise their children for a living. He is happily married and has 4 boys. In this episode, he will share how to make every moment with your children count.
Welcome to the Managing Happiness podcast!
My name is David Henzel and I’ve been an entrepreneur for my entire life. I’ve built and sold my company, which seems to be the dream come true for most entrepreneurs. However, I believe my greatest achievement is that I’ve managed to create and maintain a balanced life with my wife and daughter through the stressful days of starting and running the business.
In this podcast, you will listen to fireside chats with inspiring entrepreneurs who will share their experiences and lessons learned in search of work-life balance.
About Eddie Geller Eddie Geller has been an entrepreneur and investor in the online world since 1994. Eddie was the founder and CEO of Unique World. A successful management consulting business that grew to a 100 person, $15m business before successfully exiting to a large US company in 2011.
Since then, Eddie has been actively involved within the startup community and was the founding investor/director of LayPay.
Over 2012, Eddie mentored the Tinybeans team and fell in love with the opportunity and decided to invest and become active. Through 2013, Eddie drove the commercial aspects of the business which enabled him to take on the CEO role in early 2014. Now he drives the organizational strategy, partnerships and growth prospects and has aspirations to create the largest nurture network in the world reaching 100M users by 2020.
Time Stamped Show Notes [00:11] - About Eddie Geller and Tinybeans (an app and web platform that enables families to share safely the joy of their children’s moments and help their little ones grow).
[01:25] - Eddie joined Tinybeans because he also felt the need to share the life of his children with his family in an easy and selective way,
[03:00] - Tinybeans is a combination of a sharing tool and great content on child development tailored to the children’s age.
[05:13] - The power of “firsts” in children’s lives - first steps, first tooth, etc.
[06:45] - “I’d be surprised if Emma even uses Gmail, my children are older and they don’t even touch email.”
[07:04] - “Email is like the fax of the past.”
[07:43] - Parents can make their lives a lot easier if they define their roles and share their responsibilities.
[09:36] - Tinybeans’ values - being humble, authentic, supportive and more.
[11:50] - “We are all about the special moments. Every day is a special moment.”
[12:26] – “If you are not stable, or comfortable, or confident, personally or in your family, you have no chance of being successful in business.”
[15:06] - Eddie encourages his team to start every meeting with good news.
[16:27] - Tibybeans’ mission is to help families through the journey of parenting.
[16:59] - “Our vision is to build a very significant, large, trusted space for parents and families to access content, services, resources, personalized to the age of the child.”
[18:15] - Do you make decisions based on your values? Do you say No to potential partners who don’t share your values?
[21:30] - Eddie’s core principles - transparency, servant leadership, being adaptable.
[24:20] - “Who Moved My Cheese”, one of Eddie’s favorite books on embracing change.
[24:55] - The 3 types of people in business - gorillas, military people, police officers.
[27:07] - Eddie telling the story of his consulting business Unique World.
[31:25] - How do you manage to go through tough times?
[32:53] - “You need to have a very strong relationship with your partner to really succeed as an entrepreneur.”
[35:09] - Eddie is a proud dad of 4 boys.
[36:14] - Bringing a dog to the office has a positive impact on the company culture.
[37:13] - Eddie applies some business principles to his relationship with his kids.
[44:53] - Eddie uses NPS in his business and is very transparent about the results.
[46:20] - Which are the 3 books that influenced you most in your life and what was the last book that you read?
[49:29] - Tinybeans has just opened an office in NY and is hiring!
3 Key Points Birthdays and “firsts” are big events in life but we should learn to appreciate every moment because life itself is special. In order to succeed in business, you need to have a very strong relationship with your life partner. There are too many ups and downs and without someone to rely on it is extremely hard to make it work. Think about different and creative ways to communicate with your children. Don’t just ask them “How was your day?”. Try something specific like “How was your day from 1-10?”, “What did you learn at school?”, etc. This way they will be more willing to share. Resources Mentioned Tinybeans - an online baby journal that grows with your family
Unique World - a consultancy firm founded by Eddie which he sold in 2011 for $15M
Who Moved My Cheese - a book by Ken Blanchard
Good to Great - a book by James C. Collins
The Great Game of Business - a book about open-book management by Jack Stack
The Five Dysfunctions of a Team - a book by Patrick Lencioni
Growth Hacking - a book by Sean Ellis and Morgan Brown
Follow Eddie Geller https://www.linkedin.com/in/eddiegeller
https://twitter.com/eddiegeller
https://www.facebook.com/eddie.geller.7
Follow David Henzel https://www.davidhenzel.com/
https://www.linkedin.com/in/davidhenzel/
https://www.facebook.com/david.henzel
https://twitter.com/davidhenzel
https://www.instagram.com/davidhenzel/
https://www.youtube.com/davidhenzel
https://plus.google.com/+DavidHenzel
Learn more about the Managing Happiness Course https://www.managinghappiness.com/
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