Wondering when it makes sense to quit your 9-5 and pursue that entrepreneurial idea? I sat down with Adam Garfield, the founder of the mobile app SpeedeTab, to learn how he has achieved traction with tons of customers right here in South Florida.
We met up at one of his clients, Panther Coffee, and covered how he got the idea for SpeedeTab while being frustrated waiting in line to get drinks at a bar.
We talked about getting featured on reality TV and why he pivoted his business from his initial idea.
Adam is hustling day in and day out to launch his startup right here in South Florida and has major traction at tons of shops that you certainly know by name.
Most importantly, he's an example of why starting small and getting things right in a single geography beats going big right out of the gate.
Entrepreneur Story
3:15 - How he decided to take the leap into entrepreneurship
5:00 - What his friends and family thought of his venture
5:15 - What the naysayers say and how that drives him
6:45 - How he put together his team
10:00 - What the Adam before launching SpeedeTab would think of the Adam now
10:15 - How he gets fulfillment making people’s lives a bit easier
The Business
11:15 - How SpeedeTab generates revenue
12:30 - How the app increases sales for his vendor customers
13:45 - How he markets the app and gets adoption
15:15 - What his ONE metric would be
Getting on a reality TV show & finding investors
17:15 - How he got featured on a reality show (West Texas Investors)
19:15 - Business lessons he gained from the show
21:00 - Challenges of finding investors
22:15 - Reasons why top VC’s might not invest
Closing questions
22:45 - Pros & cons of doing business in South Florida
23:45 - Best advice he’s ever received
24:15 - Book recommendations
24:45 - Productivity habits
25:30 - Final advice - take a risk!
Mentioned in this episode
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