Matt Moody is the CEO and founder of Bellwethr, a startup using machine learning to solve customer retention. Matt is a machine learning engineer, specializing in reinforcement learning, as well as a software developer with two successfully exited startups. Matt and his team are passionate about putting action based machine learning in the hands of domain experts to move the needle for enterprise businesses.
Entrepreneurial Role Models:
None
When business started difficulties overcame:
“Probably the biggest one as I had no money. So when I started my first business my son had just been born and I was laid off two weeks before he was born. So yeah I had no money, another mouth to feed. And so those are probably the biggest challenges to solve… I think when you start you always assume you know more then what you do and you assume that you have a better grasp on it. At least when I started my first start-up that was the case”…[Listen for More]
Favourite Books:
The Obstacle is the Way: The Ancient Art of Turning Adversity to Advantage by Ryan HolidayFavourite Quote:
” If this were easy there would be monkeys doing it”
Recommended Online Resources:
Trello – Infinitely flexible Incredibly easy to use Great mobile apps. It’s free Trello keeps track of everything, from the big picture to the minute details
Best Advice to Other Entrepreneurs:
“my best advice is not to overbuild and to spend more time listening and talking to customers”…[Listen for More]
More About Matt Moody:
Neil’s Quote at the Beginning:
“You gain strength, courage and confidence by every experience in which you really stop to look fear in the face. You are able to say to yourself, I lived through this horror. I can take the next thing that comes along. You must do the thing you think you cannot do.” Eleanor Roosevelt
Other Quotes From the Chat with Matt Moody:
- “if I would have just started off… and said I’m going to try and build a larger business that is going to need funding in order to grow then if I would have started out with that in mind it would have shortcutted things… It would have made some of the things that we had to do simpler”
- “talking to customers: you are essentially listening to the market and I think you have to listen so intensely and listen from the perspective of they are most likely to tell you what you are thinking is not great. And I think that’s really hard. Obviously, you want to hear positive things and you don’t want to hear negatives. But ultimately hearing the negatives is really how you are going to build something that people do want”
- “a lot of times I think most people do that… We do that with a lot of things where when we first get hit with something that changes then we feel pretty negative about it and then time passes and we look back and go oh yeah that was really painful but I’m really glad it happened”
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