The Human Side of Entrepreneurship: Family, Stress, and Success w/ Toby Kernon S3 E9 P2

Welcome back to Founders Unplugged! I'm your host, Greg McCallum. In this second part of my conversation with Toby Kernon, CEO and founder of Wagonex, we delve deeper into the entrepreneurial journey and the challenges that come with it. Make sure you have watched or listened Part One. Toby shares insights on the importance of having an entrepreneurial partner who understands the highs and lows of startup life. We discuss how his family's entrepreneurial background influenced his own path. The conversation touches on hiring practices, debating the value of degrees versus real-world experience, and the complexities of finding the right co-founder. We explore the decision to initially outsource the engineering team and the eventual transition to building an in-house team, highlighting the impact on efficiency and company culture. Toby opens up about the evolving roles and responsibilities as a founder, the significance of keeping investors informed, and his thoughts on future ventures and angel investing. Episode Highlights: Outsourcing vs In-house Engineering Team Degrees vs Real-World Experience in Hiring Challenges in the Fundraising Landscape The Importance of Keeping Investors Updated Chapters: 00:00 The Importance of an Entrepreneurial Partner 02:49 The Influence of Family Background on Entrepreneurship 05:55 Degrees vs Real-World Experience in Hiring 08:55 Challenges of Finding the Right Co-founder 21:54 Outsourcing vs In-house Engineering Team 29:15 Transitioning to an In-House Team 34:45 Navigating Changing Roles as a Founder 37:43 The Importance of Keeping Investors Updated 44:20 Challenges in the Fundraising Landscape 52:21 Exploring Future Ventures and Angel Investing Follow Toby here: https://www.linkedin.com/in/toby-kernon-b611a853/ Check out Wagonex here: https://www.wagonex.com/car-subscription-software Want a 1 hour free advisory session with our host Greg McCallum? Use the link on his LinkedIn profile.👇👇👇👇👇👇👇 https://www.linkedin.com/in/gregmacuk/