Transcript
A (0:00)
You're listening to the Vault Unlock, where the real secrets of success are revealed every episode. One founder, one confession, one strategy that created income scale and unstoppable growth. Forget the hype. This is unlocking the code they swore they would never release. The playbook is revealed. The Vault is unlocked. All right, and we're back. Today we have a very special guest, John Ferrara. The reason I say he is special, you don't really get to meet people who not only sold their company for $100 million, but has created another potential unicore company. And it's all because this guy is grassroots. John, welcome to the show. How are we doing today, Kayvon?
B (0:45)
I'm doing amazing, and I really appreciate the opportunity to join you for a conversation. I really believe that we're here on this planet to grow, and the best way to grow is by helping other people grow. So any opportunity that I can have a conversation with another human being or group of them to find ways to blow wind in their sails is a good day for me.
A (1:06)
Well, today we're unlocking the Vault. We want to know really, not just the one, because there's so much here, but that one thing that got you to go from obviously starting as an entrepreneur to selling your, you know, you know, we talked about this, selling your company into the, you know, the multiple hundred, you know, million dollars plus. But before we get into in there, tell us again, who is John? Where does John come from? Where did this all start?
B (1:39)
Well, there's a lot of ways I could take that, but I think you always have to give props to the people that help get you there. And. And I think I'm here through a combination of two mentors that helped me grow. My pops, who was the number one Lincoln Mercury and Subaru guy in the country in the 50s and 70s. And I swore to myself I'd never be in sales. So I, I basically said, I'm not going to be like you, dad. And I followed in the footsteps of my Uncle John, who helped invent radar microwave at MIT in the 40s and helped build the aerospace industry that we know of in the San Fernando Valley and was president of ieee, which is the Electrical Engineering Association. These are my two mentors, right? So old school sales and technology. And I put myself to school studying computers and working at a computer store. And basically I found myself in a sales role about four years into my career. And I started to use the tools that they gave you back then in the 80s. Daytimer, spreadsheets, pieces of paper. And I said this is so stupid because I had a computer science background. I worked in a computer store. I knew every software program in the market. There were only a few hundred and there was no program that integrated email conduct and calendar and sales and market automation. Outlook did not exist. Salesforce did not exist. HubSpot. There was nothing. And so I, I quit my job and with a buddy of mine from college, Elon, we founded Goldmine. And Goldmine pioneered serum as we know it today. Which the heart of it, I think people forgot, is the R in CRM relationships. CRM stand for Customer Relationship Management. And they were adopted not by management, but by the salespeople that had to go out there and struggle in the trenches to achieve their goals. And that was Goldmine and act. These were the tool programs that really pioneered contact management. With Goldmine leaning harder on the Salesforce automation, email marketing and team functionality. Because my dad taught me people who work as a team win games and, and so we started that company on $5,000 in, in the San Fernando Valley in LA and grew it to hundreds of millions of dollars a year in revenue over 10 years. And I sold that company and retired and spent 10 years raising three babies. And I'll tell you what, Kevin, I think I learned more about relationships in my soul in those 10 years.
