Why Good Tech Alone Is Not Enough To Sustain Your Business: Insights from Barry Kukkuk of Netstock
Manage episode 359422667 series 3308608
In the latest episode of Gathering the Kings Podcast, Chaz conducts an in-depth interview with Barry Kukkuk, co-founder of Netstock. The conversation covers a range of topics, starting with Barry's background growing up in South Africa and working his way through college, eventually leading to his entrepreneurial journey. The discussion also touches on the importance of technology in business, the power of mastermind groups, and marketing insights drawn from their personal experiences. Barry emphasizes the need for a diverse ecosystem that enables small companies to thrive, rather than being overshadowed by major corporations like Amazon and Walmart. Listeners are encouraged to follow the links to Barry's LinkedIn, Twitter, and company website to learn more about his story. Overall, this episode promises to be engaging and insightful, making it a must-listen for all.
During this episode, you will learn about;
[01:37] Intro to Barry and his business
[02:51] Barry’s Why
[08:23] How Barry became and entrepreneur
[18:17] A huge key decision that Barry made in his business
[24:30] A bad decision Barry made in business
[30:58] Barry’s #1 KPI
[36:55] Barry’s opinion on networking and intentionally masterminding with other business owners
[38:27] How Barry prioritizes family and business
[42:20] If he could speak to his younger self, what would Barry say?
[42:44] How to connect with Barry
[44:40] Info on Gathering The Kings Mastermind
"I don't want to live in a world where there's only Amazon, Walmart, and so on." - Barry Kukkuk
"Our mission, since day one, has been to create a diverse ecosystem where lots of people can thrive." - Barry Kukkuk
"It is much more fulfilling when a small company can say, 'Without your software, we wouldn't have been there.'" - Barry Kukkuk
"The tech by itself is not enough. The same goes the other way. It's no good having the best salesperson in the world if they've got nothing to sell." - Barry Kukkuk
"Gross dollar retention is really about the value of my recurring revenue one year ago. How much of that returns?" - Barry Kukkuk
"You're not going to grow by treating everything as a new challenge. You're going to grow by finding the challenges that are common and making a system out of that to automatically achieve those things." - Barry Kukkuk
“If you've been building a network and you've been serving and, and adding value to people around you, there's typically some hands that go up that maybe want to do a deal with you.” - Chaz Wolfe (Host)
Books and Resources Recommended:
"The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" by Michael E. Gerber.
Buy on Amazon: https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280
"Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!" by Robert Kiyosaki.
Buy on Amazon: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680011
"Think and Grow Rich" by Napoleon Hill.
Buy on Amazon: https://www.amazon.com/Think-Grow-Rich-Napoleon-Hill/dp/0449214923
"Good to Great: Why Some Companies Make the Leap and Others Don't" by Jim Collins.
Buy on Amazon: https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996
Chaz Wolfe (Host):
If you liked this episode, please LIKE, SUBSCRIBE, drop us a REVIEW, and share with your friends. We appreciate you, and your support enables us to keep bringing you the goods on the show!