From Importing Bikes to Tech Entrepreneurship: A Journey of Success with David Kerr

In this episode, David Kerr, managing director at Allos Ventures, a venture capital firm based in the Midwest, shares his entrepreneurial journey, starting from his high school days when he imported bikes from Italy to his experience running various businesses in his twenties. He then transitioned into the tech world and eventually became the CEO of Tinderbox, a software company that was later acquired. David discusses the importance of knowing your risk profile and passion when starting or buying a business. He also emphasizes the value of building relationships and providing support to portfolio companies as a venture capitalist. Business does not only revolve around numbers but also trust and connections. Here, you will get to know the value of patience, being proactive, and being intuitive in every step of your business career. Show Highlights: 1:01 How David started his entrepreneurial journey 06:06 David's fascination with the enterprise of business 11:50 The pros and cons of running a business 16:00 Know your risk capital appetite before starting a business 21:21 Work with people you like and respect 27:50 People buy from people they trust 30:59 Artificial Intelligence's role in productivity 38:08 Be patient, raise your hand, and keep your eyes open 47:02 How to convince people to invest in your company 01:05:20 Value board meetings as strategy sessions LINKS MENTIONED Connect with David Kerr on: LinkedIn: https://www.linkedin.com/in/david-kerr-9b0b501/ Twitter: https://twitter.com/davidckerr?lang=en Connect with Grayson Faircloth on: LinkedIn: https://www.linkedin.com/in/nosyarg/ Email: [email protected] Connect with Crystal Bell on: https://www.linkedin.com/in/crystal-bell-ms-eit/