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Speaker 1: If you're about to make a change in your life

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Speaker 1: and you feel uncomfortable, that's the best feeling you can

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Speaker 1: have because for the first time in your life, you'll

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Speaker 1: make a new decision that's going to be best for

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Speaker 1: you and not what somebody told you to do. And

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Speaker 1: that's when all bets are off. Welcome to Money Making

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Speaker 1: Conversation Masterclass. I'm your host, Rushan McDonald. Our theme is

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Speaker 1: there's no perfect time to start following your dreams. I

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Speaker 1: recognize that we all have different definitions of success. For

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Speaker 1: you and maybe decide to your jo it's time to

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Speaker 1: stop reading other people's success stories to start living your

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Speaker 1: own cap wedding. That's today we're here. This is Rushan McDonald.

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Speaker 1: You know this voice. Okay, Sometimes I don't even know

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Speaker 1: my voice, so I think about all my I remember

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Speaker 1: when I first started doing stand up comedy the way

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Speaker 1: back in the day, and the guy who owned the

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Speaker 1: comedy club say, your accent is so bad rashon that

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Speaker 1: you would never make people laugh. He said it. He

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Speaker 1: said that to me, He said, your accent it's so bad,

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Speaker 1: he said, because even though the room was laughing. I

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Speaker 1: remember the first time I walked on stage and I

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Speaker 1: got a stand in ovation, he said to him, he

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Speaker 1: didn't understand why people were laughing at me. So I've

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Speaker 1: always dedicated myself to being able to prove people wrong.

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Speaker 1: People say things to you, whether they believe it or not.

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Speaker 1: That doesn't mean you should take it to truth. What

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Speaker 1: you should do is understand that your weakness can be people.

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Speaker 1: Allow people to see your flaws and build on those.

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Speaker 1: My strength is that my flaws, I expose them. I

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Speaker 1: challenge you to defeat me with them, and as I

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Speaker 1: go through life, I prepare to win. I wake up

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Speaker 1: every day with the attitude that I am stupid. I

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Speaker 1: need to gain knowledge, and by having that attitude, it

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Speaker 1: allows me to be able to be receptive to information

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Speaker 1: that is given to me. That is Money Making Conversation.

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Speaker 1: I am your host, Rau Sean McDonald, our host is

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Speaker 1: weekly Money Making Conversations Masterclass show. The interviews and information

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Speaker 1: this show provides are for everyone. It's time to start

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Speaker 1: reading other people's success stories and start living your own.

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Speaker 1: Let's get this show started. My guess is the co

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Speaker 1: founder of Ripple. He's built successful businesses, launched and sold startups,

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Speaker 1: and raised over forty five million in venture capital please

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Speaker 1: Welcome to Money Making Conversation Masterclass. Shannon Denton. How are

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Speaker 1: you doing, sir?

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Speaker 2: I'm doing great, Rashawn, Thanks for having me.

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Speaker 1: You know, I got to start with the name of

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Speaker 1: the business. How did where were you sitting when you

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Speaker 1: thought that was the name that should build your fortune own?

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Speaker 2: First of all, just so the audience, it's rippled with

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Speaker 2: the W. So it's wripp La, And hey, we love

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Speaker 2: the name. You know. We were sitting down, me and

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Speaker 2: my two of the co founders, right and we thought

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Speaker 2: of the you know, just thinking of words. You know

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Speaker 2: how it is today, Rashawn, it's kind of hard to

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Speaker 2: find a unique name. All right, names are taken. But yeah,

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Speaker 2: with Ripple, it was like we saw, you know, the

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Speaker 2: visual of in the water of water movement and kind

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Speaker 2: of the ripple effect of making a positive shift in

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Speaker 2: the way things were done and happening. And we happen

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Speaker 2: to be looking around the internet and the URL was available,

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Speaker 2: which is always super important today you want to make

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Speaker 2: sure people can find you online. And so it just

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Speaker 2: kind of stuck and we thought it was very flexible.

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Speaker 2: You could do a lot of cool things with from

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Speaker 2: a brand perspective, you know, Waves and motion and stuff

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Speaker 2: like that. So we really love that name.

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Speaker 1: Well, you know, it's important that people who are listening

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Speaker 1: to the show understand that a name is a part

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Speaker 1: of your brand and the brand has a story. And

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Speaker 1: like my company name is thirty eight fifteen Media three

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Speaker 1: eight one five Media, and the four digits are from

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Speaker 1: the home that I grew up on as I grew

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Speaker 1: up in as a kid. I grew up with six

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Speaker 1: sisters and two six sisters and two brothers and my

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Speaker 1: parents and we lived in a two bedroom shotgun house

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Speaker 1: and the numbers on that house was thirty eight fifteen,

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Speaker 1: And so that's my backstory on It allows me to

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Speaker 1: understand where I came from and how I've been able

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Speaker 1: to overcome the odds to be the person I am today.

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Speaker 1: So that's why I appreciate you taking the time and

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Speaker 1: also conveying the rationale as to why you named your

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Speaker 1: company Ripple. And then you said, Jean, that's what the

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Speaker 1: w W I BP ELI.

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Speaker 2: Everybody gets aid the spelling correct and supporting absolutely.

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Speaker 1: And you know the thing about it, when I when

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Speaker 1: I got an opportunity to you know, I get a

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Speaker 1: lot of guests information sent to me on a daily,

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Speaker 1: sometimes weekly. Basis. What really old me in the direction

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Speaker 1: of I want to interview you, Shannon, was the whole

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Speaker 1: talk of venture capitalists, because I really don't know what

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Speaker 1: that is. It's been a very popular term the last

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Speaker 1: fifteen years, especially the last ten years. What exactly is

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Speaker 1: a venture capitalist?

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Speaker 2: Yeah, so venture capital companies invest in early stage startups,

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Speaker 2: a lot of technology companies like Ripple, So we have

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Speaker 2: a software that we've created, and you know, they're looking

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Speaker 2: to invest early right and into high growth companies and

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Speaker 2: they're looking to hopefully make really good returns on some

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Speaker 2: of those companies. So it's a high risk game. So

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Speaker 2: a venture capital firm that may invest in, you know,

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Speaker 2: fifty one hundred companies and as long as maybe even

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Speaker 2: you know, fifteen percent of those twenty percent of those

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Speaker 2: companies do well, then they end up making a return.

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Speaker 2: And so it's a it's probably the riskiest type of

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Speaker 2: investment vehicle. But yeah, so as a startup, you know

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Speaker 2: when Ripple we started at about five years ago, and

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Speaker 2: we we went out and pitched a lot of venture

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Speaker 2: capital firms and said, hey, this is a business plan

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Speaker 2: we have, this is what we're trying to build, this

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Speaker 2: is the experience we have as a team when we

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Speaker 2: started it, and we love to take some investment from

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Speaker 2: you so that we can actually do this without and

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Speaker 2: go fast. And so that's kind of what venture capital is.

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Speaker 2: And you know, it can it's it can be a fun,

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Speaker 2: fast paced world of in venture capital. It can also

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Speaker 2: be stressful and challenging sometimes too. But yeah, so that's

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Speaker 2: kind of what the venture capital the BC world is

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Speaker 2: all about.

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Speaker 1: No, when you talk about the venture capital, you know,

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Speaker 1: because you're always talking about sean, I know, you go

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Speaker 1: to a bank, you know, you borrow money. It's tied

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Speaker 1: to an interest rate, but you basically keep one hundred

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Speaker 1: percent of your brand i'd like to believe, or your assets,

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Speaker 1: you know, unless you don't pay back the loan, then

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Speaker 1: they come and looking for it. When you do that

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Speaker 1: from a venture capital standpoint, how does that work? Is

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Speaker 1: it a loan with interest? Do they take a percentage

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Speaker 1: of your company?

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Speaker 2: How does that? Yeah? There you go. Yeah, so you're

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Speaker 2: basically giving up a percentage of your company. And so

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Speaker 2: once you decide to get a venture capital firm or

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Speaker 2: individual to invest venture in your company, you're basically saying, hey,

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Speaker 2: here's a chunk of my company, and you agree upon evaluation.

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Speaker 2: So if any if anybody, any of your audiences watched

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Speaker 2: Shark Tank, right, it works kind of similar to that,

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Speaker 2: And you're basically saying, you know, I'll give up twenty

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Speaker 2: percent of the company for a few hundred thousand dollars

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Speaker 2: what have you, and that all the math all works

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Speaker 2: out towards you know, stock, and so you figure out

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Speaker 2: how much stock the founders keep, how much stock the

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Speaker 2: venture capital investors keep. And at the end of the day,

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Speaker 2: though it's absolutely they take a percentage ownership of your company,

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Speaker 2: and of course they want you to do well because

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Speaker 2: they own a percent. So the more you grow, the

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Speaker 2: more your company's worth, they reap the benefits as well

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Speaker 2: as the you as an entrepreneur does as well.

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Speaker 1: Right, And you know, this is a two part interview,

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Speaker 1: And I'd always like to really get a clear understanding, Shannon,

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Speaker 1: of what you're doing because so many people, you know,

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Speaker 1: you know, my audience is sixty percent African American and

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Speaker 1: white and the rest is other. You know, it breaks

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Speaker 1: down and so as a large audience, part of my

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Speaker 1: audience struggle with bank loan, struggle with trying to find

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Speaker 1: financing and things of that nature. And so how does

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Speaker 1: one like you said, we shout, I put together presentation

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Speaker 1: and I went and said, now with venture capital individuals

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Speaker 1: or companies, and I pitched, how are you able to

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Speaker 1: make these meetings happen? And how are we able to

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Speaker 1: find these people who could potentially invest in your company?

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Speaker 2: Yeah, so, fortunately for myself, so I'm I'm an I'm

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Speaker 2: an old entrepreneur. I had I had a run for

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Speaker 2: our businesses. Now they want businesses I started, but I

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Speaker 2: kind of had been in management and stuff like that.

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Speaker 2: And you know, there's there's incubators and accelerators and programs

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Speaker 2: for entrepreneurs that want to get involved in startups. So

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Speaker 2: my company is actually based out of Atlanta and there's

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Speaker 2: an organization and accelerator there called the at d C

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Speaker 2: Advanced Technology Development Center, which is actually associated with Georgia Tech.

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Speaker 2: And so me and my two co founders joined that program,

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Speaker 2: and based upon that program, we got introduced to potential

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Speaker 2: venture capital investors. And so they had somebody that formed

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Speaker 2: the network for us, and you know, we send around

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Speaker 2: an email and a deck of what we're trying to do,

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Speaker 2: and we were able to get meetings and so obviously

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Speaker 2: because we were experienced. It really helped. But I would

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Speaker 2: encourage the listeners who are interested in starting a company

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Speaker 2: or entrepreneurialism. There's definitely in the major cities there's accelerators,

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Speaker 2: there's incubators, and there's educational programs that can help you

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Speaker 2: build a community and network that is essential, you know,

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Speaker 2: to raise money, to raise venture capital money. And so

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Speaker 2: that was very important to us that we became part

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Speaker 2: of that at DC, that accelerator that I mentioned, and

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Speaker 2: it gave us a lot of new avenues to meet

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Speaker 2: different types of people and get and eventually raise the

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Speaker 2: venture capital money.

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Speaker 1: Wow. I appreciate that because you know, we all walk

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Speaker 1: around light life loss it seems, and we complained and

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Speaker 1: sometimes we just need to write amount of information. And again,

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Speaker 1: Shannon will tell you this not did not happen overnight.

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Speaker 1: Like you said, I'm a for shure, I'm an old entrepreneur.

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Speaker 1: I've I've been in the game for a minute, which

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Speaker 1: means that if you think you just run in here

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Speaker 1: with a fresh idea and somebody's going to buy it

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Speaker 1: up top with no background or no work history, well

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Speaker 1: you might be frustrated because, like he said, people are

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Speaker 1: investing in you because they want to return They just

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Speaker 1: want to donate their money to your cause they want

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Speaker 1: to get their money back in more and it's called

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Speaker 1: an investment. Now, Ripple, we talked about the name and

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Speaker 1: how you the name came about with your other co founders.

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Speaker 1: Tell us what exactly Ripple is.

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Speaker 2: Yeah, so we call ourselves a talent marketplace, and so

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Speaker 2: what we do is we connect independent freelancers to jobs

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Speaker 2: or gigs, and so a lot of people have heard obviously,

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Speaker 2: people are familiar with DoorDash, people are familiar with Uber,

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Speaker 2: all the different gigs economy type platforms. We actually connect

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Speaker 2: a lot of writers, designers, developers with big companies that

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Speaker 2: are looking to hire freelancers on demand. So, if you're

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Speaker 2: a developer, you're a writer, and you kind of want

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Speaker 2: either extra income on the side, maybe you have a job,

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Speaker 2: or you want to pursue a really flexible lifestyle of

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Speaker 2: you know, being independent, almost like being a free agent.

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Speaker 2: And you sign up on Ripple and we introduce you

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Speaker 2: and connect you to jobs and you can take on

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Speaker 2: that work and we handle all the payment. We pay

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Speaker 2: you weekly as if you were an employee of Ripple,

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Speaker 2: and we will help you find work So those are

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Speaker 2: the two hardest things when you're kind of an entrepreneur

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Speaker 2: and you want to kind of be on your own.

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Speaker 2: The hardest things are how do I find the jobs

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Speaker 2: and keep an income coming in? And the second is

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Speaker 2: I want to make sure I get paid on time

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Speaker 2: and get a check. And so we do both of

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Speaker 2: those things, and we have a software platform that you

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Speaker 2: sign up on and that you register for and then

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Speaker 2: we kind of take care of the rest.

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Speaker 1: Wow, now I'm talking to. One of the co founders

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Speaker 1: of Ripple was Shannon Denton. He built a successful business

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Speaker 1: Many and launched Many and soul Many. The company he

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Speaker 1: has right now is a is a marketing on demand

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Speaker 1: platform that offers private marketplace of vettic talent. Now again,

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Speaker 1: got to have a resume, got to come in with experience,

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Speaker 1: got to have background. Just can't show up and go hey,

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Speaker 1: I'm talented and get frustrated when they tell you no.

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Speaker 1: That's the word vettic means. And software to manage freelancers

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Speaker 1: and the relationships all in one place.

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Speaker 2: Now.

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Speaker 1: The first time I ever heard the word gig was

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Speaker 1: doing the pandemic. You know, I was like, what's because

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Speaker 1: there was an issue We're trying to pay them during

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Speaker 1: a COVID moment. Can you explain to everybody what exactly

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Speaker 1: that name that term means, because I get it. I'd

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Speaker 1: never heard of it, and I realized, you know, sir Sehan,

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Speaker 1: you are that person. Okay, you are free. But I

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Speaker 1: never associated because I call myself a producer, I call

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Speaker 1: myself a writer. I'll call myself a manager, but I

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Speaker 1: never associated it with that term. Please are going a

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Speaker 1: little bit more detail exactly what that title means?

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Speaker 2: Yeah, I mean the term gig actually came a little

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Speaker 2: bit pre pandemic, but it absolutely took off, you're right,

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Speaker 2: during COVID. And so it really a gig meant like

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Speaker 2: get a job, sort of a temporary job that you

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Speaker 2: kind of crank out and get die. And so the

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Speaker 2: term gig and so basically it was like, hey, I

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Speaker 2: do gigwork. You know, I may drive an uber, I

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Speaker 2: may do door dash, I may work, you know, do

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Speaker 2: shopping for Shopify, for any instacart, for any of those

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Speaker 2: types of companies, and so those are called gigs, right,

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Speaker 2: and then it became known as a gig worker. And

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Speaker 2: so you know, in the freelancing world. Now we talked

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Speaker 2: more today about the freelance economy, and so freelance economy

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Speaker 2: is really more about you're actually doing those types of

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Speaker 2: jobs or assignments for big corporations, and so these are

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Speaker 2: these are like professional type assignments that you know, you

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Speaker 2: you're maybe doing some copywriting for a big company, maybe

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Speaker 2: you're doing some graphic design, maybe you're developing software and

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Speaker 2: so as a freelancer. But in general Rashan, I mean

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Speaker 2: they kind of mean all the same thing. I'm a

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Speaker 2: gig worker, I'm a freelancer. The other term you'll see

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Speaker 2: out there is I'm an independent talent, meaning I don't

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Speaker 2: have a full time job. I'm kind of pursuing. You know,

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Speaker 2: you're kind of a free agent. You kind of look

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Speaker 2: for jobs and you kind of as symbol you do

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Speaker 2: those jobs based upon what comes your way. And so

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Speaker 2: there's a lot of people very successful now that are

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Speaker 2: that are earning a really good income by doing you know,

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Speaker 2: independent work, gigs, freelance work, and they're able to get

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Speaker 2: enough of those jobs to where they actually make more

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Speaker 2: money than if they had a full time job.

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Speaker 3: Please don't go anywhere. We'll be right back with more

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Speaker 3: money making conversations. Masterclass. Welcome back to the Money Making

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Speaker 3: Conversations masterclass hosted by Rashan McDonald.

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Speaker 2: And so that's what this is all about.

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Speaker 1: And they control their schedule. You know, it's really interesting,

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Speaker 1: you know, which which is really really awesome because of

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Speaker 1: the world that you know, I've lived a life of

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Speaker 1: high end drama when it when I say that means

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Speaker 1: they're stress and it's tied to uh. You know, you

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Speaker 1: can say it's consistent, but you need to when the

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Speaker 1: one thing you can it may not be true, but

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Speaker 1: if you work a forty our week job, there's a

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Speaker 1: degree of consistency there. Maybe when you're doing independent thoughts,

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Speaker 1: but that freedom can't bring drama too. But it's good

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Speaker 1: drama because you're controlling your your point of view. Now,

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Speaker 1: when I was talking to you about the pandemic, it

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Speaker 1: was really interesting. The gig worker who I knew nothing about,

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Speaker 1: or the freelancers who I really knew about, Shannon, but

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Speaker 1: I didn't understand the value they had with a company

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Speaker 1: like mine. It changed my whole philosophy, realizing that you know, well,

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Speaker 1: shall you have you know, you'll have EBB and flows

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Speaker 1: in your business model. Sometimes you do a large gig

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Speaker 1: and sometimes you need you get a contract, maybe a

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Speaker 1: three month contract or a month contract. And I was

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Speaker 1: doing that old philosophy or hiring full time people at

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Speaker 1: times they were just sitting around the office, and so

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Speaker 1: try that's where the independent worker has value, correct.

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Speaker 2: No doubt so well said. So basically think from a

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Speaker 2: company perspective. So if you're really hiring freelancers, you only

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Speaker 2: hire for the work you need to get done, to

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Speaker 2: get done when you need it. So you may need

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Speaker 2: some work done for the next three weeks. The freelancer

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Speaker 2: can kind of crank it out and you may not

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Speaker 2: need that type of work done for another couple of months,

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Speaker 2: and so there's no wasted money, is the way to

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Speaker 2: think about it. So companies really are embracing it and

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Speaker 2: they love it because you can kind of lay out,

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Speaker 2: here's all the different stuff I need to get done.

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Speaker 2: I can use a platform like Ripple to go find

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Speaker 2: the freelancers to do that, and I don't have to,

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Speaker 2: you know, pay as much full time salary costs to

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Speaker 2: a big, huge group of employees. So that's a huge

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Speaker 2: the flexibility, the cost savings, and the speed at which

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Speaker 2: you can move. You know, hiring freelancers is the rationale

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Speaker 2: that companies are really embracing this new world and the

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Speaker 2: freelance economy.

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Speaker 1: Wow, thank you for that update. When we come back,

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Speaker 1: we will continue this conversation with Shannon Denton, one of

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Speaker 1: the founders of Ripple. As you can see, it's it's

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Speaker 1: not AI, but it's the way of being able to

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Speaker 1: fill your job responsibility, a job needs, sometimes long term,

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Speaker 1: sometimes temporarily. I'm speaking to the one of the co

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Speaker 1: founders a Ripple, a company that's changing the game as

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Speaker 1: far as independent freelancers.

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Speaker 2: UH.

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Speaker 1: The company fiells companies long term and temporary needs.

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Speaker 2: UH.

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Speaker 1: Co founder's name, co founder's name is Shannon Denton. How

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Speaker 1: can they reach you or what is the website that

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Speaker 1: they should go to? Shannon?

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Speaker 2: Yeah, so www dot ripples dot com again with the

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Speaker 2: w w R IL and just go out there and

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Speaker 2: if you're interested in freelance opportunities, there's a place that

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Speaker 2: you can apply. And if you're a client looking to

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Speaker 2: hire freelancers, you can easily sign up for a demo

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Speaker 2: and we'll jump on a on a video call with

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Speaker 2: you and show you our platform.

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Speaker 1: When you were thinking about this, you know, it's always

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Speaker 1: where did that idea pop up? From you know, you know,

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Speaker 1: was this a long term idea that kind of like

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Speaker 1: manifested itself or it was like you know that will

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Speaker 1: slogan a lightbulb above your head. How did this idea

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Speaker 1: come about?

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Speaker 2: Yeah, great question, So it actually came so my two

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Speaker 2: co founders and myself we were working together at a

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Speaker 2: company called Razorfish, which was a pretty well known let's

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Speaker 2: called a digital agency. So we were doing a lot

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Speaker 2: of work for big companies and we were we kept

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Speaker 2: hearing from our clients this is this is always a

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Speaker 2: great way to start a company, as if you keep

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Speaker 2: hearing the same thing from somebody over and over and

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Speaker 2: you're like, that must really be a problem to focus on.

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Speaker 2: So what they were, what our clients were telling us is, hey,

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Speaker 2: we would love a way to be able to tap

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Speaker 2: into on demand talent or people a lot easier and

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Speaker 2: faster than what we've ever been able to do before.

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Speaker 2: And so they kind of were using it, you know,

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Speaker 2: parallels of what has happened in e commerce, you know,

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Speaker 2: Amazon dot Com. They knew about Uber and they're like,

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Speaker 2: how come it's not that easy to go find some

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Speaker 2: talent to do a project for us? Why couldn't we

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Speaker 2: why couldn't we have a platform that did that for us?

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Speaker 2: And so we just kept hearing it from our clients

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Speaker 2: that there had to be a better, easier, faster way,

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Speaker 2: cheaper way, and so we put our heads together and said, hey,

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Speaker 2: let's create something really amazing here. And that's how the

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Speaker 2: idea came about.

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Speaker 1: Wow, a courageous idea because you know, you know, a

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Speaker 1: dream is always good to have, but planning it and

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Speaker 1: executing it is the reality that we all fall off

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Speaker 1: through the clift on.

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Speaker 2: You know.

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Speaker 1: So when you started this idea, Shannon, this idea of

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Speaker 1: creating Ripple with your other two co founders, did you

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Speaker 1: start with a certain a job type or you said,

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Speaker 1: do you say that we're going to go with these

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Speaker 1: four categories of job? How did you stand to be

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Speaker 1: a model? What was that model?

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Speaker 2: Yeah? So the model, I mean, we were fortunate in

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Speaker 2: that we had some good contacts and so we were

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Speaker 2: able to build it around a couple of early customers.

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Speaker 2: And so we started out doing mainly you know, website design, okay,

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Speaker 2: and building websites for companies, and we were able to

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Speaker 2: win a few clients and that helped honestly fund the

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Speaker 2: early stage of the company because we had actual paying customers,

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Speaker 2: which is kind of the which is amazing, and that's

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Speaker 2: not always the case with startups. But we had a

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Speaker 2: pain customer and we actually started building the product, and

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Speaker 2: then we got venture capital money about eight to ten

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Speaker 2: months after that. We actually had some customers, we had

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Speaker 2: some revenue coming in, some dollars in the door, and

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Speaker 2: we had a little bit of a product that was

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Speaker 2: built through that customer, through a couple of customers that

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Speaker 2: hired us early stage. And so that's kind of how

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Speaker 2: we and we did focus on a good question. I

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Speaker 2: mean a lot of cases when you're building a startup,

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Speaker 2: you want to kind of narrow your focus to get

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Speaker 2: going and to and to create something that kind of

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Speaker 2: gets traction early, and so it may you may have

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Speaker 2: to kind of start smaller than your big, huge vision

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Speaker 2: and then and then grow the vision over time incrementally.

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Speaker 2: Is a very common, you know, model that you want

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Speaker 2: to follow and building a startup.

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Speaker 1: Okay, the question I'm sure everybody is asking what separates

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Speaker 1: you from other job related firms like an indeed, what

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Speaker 1: what's the difference?

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Speaker 2: Yeah, So I think for us it's we're what's called

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Speaker 2: category focus. So all we really do is marketing type positions,

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Speaker 2: and we really we really make the CMO and the

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Speaker 2: marketing organization love us because if you go on our

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Speaker 2: platform and you're looking to hire on demand talent, the

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Speaker 2: language we speak, you know, we kind of the platform

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Speaker 2: and the software kind of just it speaks so intimately

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Speaker 2: to the marketing team and they in all the different

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Speaker 2: job titles and the types of projects. It matches the

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Speaker 2: way they think and how they speak. And so when

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Speaker 2: you're building a startup like that, being experts in a

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Speaker 2: certain area is super important. And that's how we've been

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Speaker 2: able to compete really well against some of the bigger

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Speaker 2: players that have been out there longer. So we've been

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Speaker 2: taking business from them ever since we started, and it's

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Speaker 2: really because we kind of have that expertise in the

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Speaker 2: category and we know it cold and you know it's

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Speaker 2: been it's been instrumental to our momentum in the market.

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Speaker 1: Well, Shannon, I'll be honest with you, the philosophy that

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Speaker 1: you're preaching, they speak preaching to the gospel mess me.

436
00:22:59,520 --> 00:23:02,840
Speaker 1: You know, I I one time had eleven full time employees.

437
00:23:03,440 --> 00:23:06,440
Speaker 1: All my offices will failed with people I couldn't even

438
00:23:06,640 --> 00:23:08,480
Speaker 1: justify it. I had to give them busy work, you know,

439
00:23:08,560 --> 00:23:11,760
Speaker 1: to try to justify why I was paying these individuals.

440
00:23:12,080 --> 00:23:15,600
Speaker 1: And then when I cut it down to like six,

441
00:23:16,480 --> 00:23:20,080
Speaker 1: then all of a sudden, when I needed independence like

442
00:23:20,160 --> 00:23:24,560
Speaker 1: you like your company provides, then it became smart business model.

443
00:23:24,800 --> 00:23:28,040
Speaker 1: You know, the revenue made sense. I wasn't trapped at

444
00:23:28,720 --> 00:23:32,560
Speaker 1: every fifth and twentieth. I had a payroll, had to deliver. Now,

445
00:23:32,600 --> 00:23:36,240
Speaker 1: when you start talking about independence, you know what's working

446
00:23:36,400 --> 00:23:39,440
Speaker 1: well in the freelancer economy and what needs to be

447
00:23:39,520 --> 00:23:39,879
Speaker 1: worked on.

448
00:23:41,440 --> 00:23:45,199
Speaker 2: Yeah, I think in general, I think it's working pretty well.

449
00:23:45,359 --> 00:23:48,800
Speaker 2: So the data says that both the clients that hire

450
00:23:48,880 --> 00:23:52,680
Speaker 2: freelancers and the freelancers are satisfied. It's just, you know,

451
00:23:52,800 --> 00:23:55,879
Speaker 2: fully unlock the growth potential. There's a few things. I

452
00:23:56,000 --> 00:24:00,320
Speaker 2: think just the onboarding is always important. So if you

453
00:24:00,400 --> 00:24:02,800
Speaker 2: get hired as a freelancer, you want to have a

454
00:24:02,920 --> 00:24:06,320
Speaker 2: really clear definition of you know what you need to

455
00:24:06,359 --> 00:24:10,240
Speaker 2: be able to do your deliverables, what what expectations you

456
00:24:10,320 --> 00:24:12,520
Speaker 2: know you need to hit to keep your client happy.

457
00:24:13,320 --> 00:24:16,040
Speaker 2: And so I think just encouraging just a little bit

458
00:24:16,119 --> 00:24:19,440
Speaker 2: more clarity and getting that a little bit more professional

459
00:24:20,040 --> 00:24:21,719
Speaker 2: is something that we talk a lot about with our

460
00:24:21,760 --> 00:24:25,000
Speaker 2: clients and our freelancers, so that everybody's on the same page.

461
00:24:25,040 --> 00:24:27,840
Speaker 2: You know that. You know that may not sound amazingly cool,

462
00:24:27,960 --> 00:24:33,120
Speaker 2: but communication and expectation setting everybody being clear, it's it's

463
00:24:33,240 --> 00:24:35,800
Speaker 2: super important, and I think in the world of freelancing

464
00:24:36,480 --> 00:24:39,080
Speaker 2: it hasn't been quite as clear as when you're hiring

465
00:24:39,160 --> 00:24:42,400
Speaker 2: somebody full time for a job. And so we're trying

466
00:24:42,440 --> 00:24:44,639
Speaker 2: to make sure that the clarity is really there for

467
00:24:44,760 --> 00:24:47,120
Speaker 2: both sides when the projects starts.

468
00:24:47,440 --> 00:24:49,080
Speaker 1: As we wrap up the interview, I want to ask

469
00:24:49,359 --> 00:24:51,840
Speaker 1: I think a key question would be, Okay, when someone

470
00:24:52,000 --> 00:24:54,680
Speaker 1: comes to Riple, I'm talking about I'm an employer, I'm

471
00:24:54,720 --> 00:24:58,520
Speaker 1: a company. Are you locked to like a two month

472
00:24:58,640 --> 00:25:01,440
Speaker 1: contract or a ninety day time contract on six month contract?

473
00:25:01,560 --> 00:25:02,280
Speaker 1: How does that work?

474
00:25:03,560 --> 00:25:05,600
Speaker 2: No? Absolutely? Now that's one thing is one of the

475
00:25:05,680 --> 00:25:09,359
Speaker 2: things about freelancing super flexible. So first of all, you know,

476
00:25:10,000 --> 00:25:14,320
Speaker 2: we we have jobs that are a day a week,

477
00:25:15,000 --> 00:25:20,000
Speaker 2: several months, two years, so the jobs can be basically

478
00:25:20,160 --> 00:25:23,320
Speaker 2: any link you can imagine and so and then if

479
00:25:23,680 --> 00:25:26,560
Speaker 2: you know the way it works also is that if

480
00:25:26,640 --> 00:25:28,680
Speaker 2: it's not a right fit for either side, maybe you

481
00:25:28,720 --> 00:25:31,480
Speaker 2: get started to work a few days. Then you know,

482
00:25:31,960 --> 00:25:34,200
Speaker 2: it doesn't happen very often, but we can you know,

483
00:25:34,520 --> 00:25:37,440
Speaker 2: the freelancer or the company says hey, I'd like to

484
00:25:37,480 --> 00:25:40,800
Speaker 2: try somebody else out. Then you know that's built into

485
00:25:40,840 --> 00:25:42,879
Speaker 2: our model where you can kind of swap out and

486
00:25:42,920 --> 00:25:43,399
Speaker 2: that kind of love.

487
00:25:44,480 --> 00:25:47,240
Speaker 1: Yeah, you know that's important because, like I said, when

488
00:25:47,280 --> 00:25:49,200
Speaker 1: I was coming up in the college and the temporary

489
00:25:49,200 --> 00:25:53,080
Speaker 1: employment opportunities or independent worker opportunities were important to me

490
00:25:53,160 --> 00:25:55,520
Speaker 1: because it allowed me to work with different companies and

491
00:25:55,640 --> 00:25:58,720
Speaker 1: find out different personalities and find out where I wanted

492
00:25:58,760 --> 00:26:01,639
Speaker 1: to work, you know, was really important. What you're offering

493
00:26:01,760 --> 00:26:05,080
Speaker 1: now in the gig community, the independent community, the freelance

494
00:26:05,119 --> 00:26:08,520
Speaker 1: community is available. And Ripple the way you out there,

495
00:26:08,520 --> 00:26:11,800
Speaker 1: as you say, with the water, the movement, the calmness,

496
00:26:11,920 --> 00:26:14,800
Speaker 1: the sudden change that can change a personal life. That's

497
00:26:14,840 --> 00:26:17,199
Speaker 1: what you're doing with Ripple. And as we close out,

498
00:26:17,280 --> 00:26:20,200
Speaker 1: can you tell us the opportunities of how we can

499
00:26:20,240 --> 00:26:21,399
Speaker 1: reach out and touch you.

500
00:26:22,720 --> 00:26:25,480
Speaker 2: Yeah. And I first just want to emphasize Rashaun, you

501
00:26:25,560 --> 00:26:28,480
Speaker 2: opened it up by talking about you know, living the

502
00:26:28,600 --> 00:26:31,000
Speaker 2: dream and pursuing dreams. I mean, I think that's what

503
00:26:31,119 --> 00:26:34,200
Speaker 2: we're all about as well. And it's you know, it's

504
00:26:34,240 --> 00:26:35,879
Speaker 2: fun to be a freelancer, it's fun to be a

505
00:26:35,920 --> 00:26:39,439
Speaker 2: free agent. But I love your message on you got

506
00:26:39,560 --> 00:26:40,840
Speaker 2: to you gotta want it, and you got to be

507
00:26:40,920 --> 00:26:43,680
Speaker 2: good at something and you know you got to execute

508
00:26:43,720 --> 00:26:46,280
Speaker 2: as well. But I just want to I just want

509
00:26:46,280 --> 00:26:49,240
Speaker 2: to reiterate the message you kicked off this podcast with it.

510
00:26:49,320 --> 00:26:53,080
Speaker 2: I thought it was great. And again, just I'm on LinkedIn.

511
00:26:53,280 --> 00:26:56,399
Speaker 2: You can find me Shannon Detton on LinkedIn, send me

512
00:26:56,480 --> 00:26:59,800
Speaker 2: a message or visit our website and would love to

513
00:26:59,840 --> 00:27:03,240
Speaker 2: have conversation with anyone about Ripple Well, let.

514
00:27:03,160 --> 00:27:05,399
Speaker 1: Me tell you what are you? A seasonal guide to me?

515
00:27:05,640 --> 00:27:07,880
Speaker 1: You'll be talking to me again in the fall, my friend,

516
00:27:08,440 --> 00:27:11,600
Speaker 1: because I'm about trying to get people non traditional or

517
00:27:11,640 --> 00:27:15,600
Speaker 1: traditional ways of finding employment. You are a starmaker and

518
00:27:15,640 --> 00:27:18,840
Speaker 1: I appreciate you taking the time and an employer employer,

519
00:27:19,480 --> 00:27:22,520
Speaker 1: and this work works for me because a lot of

520
00:27:22,560 --> 00:27:25,320
Speaker 1: people out there trying to maybe in frustrating not finding

521
00:27:25,440 --> 00:27:28,760
Speaker 1: employment opportunities. This is a very very comfortable way of

522
00:27:28,840 --> 00:27:31,240
Speaker 1: pursuing it. And again, thank you Shannon for coming on

523
00:27:31,359 --> 00:27:35,480
Speaker 1: my show and telling us about your job assist freelance

524
00:27:36,280 --> 00:27:40,320
Speaker 1: gig independent thinking way of controlling your life and building

525
00:27:40,359 --> 00:27:42,840
Speaker 1: your dreams. That's what Ripple dot com does. Thank you

526
00:27:42,880 --> 00:27:43,680
Speaker 1: for coming to my show.

527
00:27:44,320 --> 00:27:46,520
Speaker 3: I appreciate you man, all right, thank you for joining

528
00:27:46,600 --> 00:27:50,760
Speaker 3: us for this edition of Money Making Conversations Masterclass. Money

529
00:27:50,840 --> 00:27:55,119
Speaker 3: Making Conversations Masterclass with rough Shan McDonald is produced by

530
00:27:55,200 --> 00:27:58,680
Speaker 3: thirty eight to fifteen Media Inc. More information about thirty

531
00:27:58,720 --> 00:28:01,720
Speaker 3: eight to fifteen Media Inc. Is available at thirty eight

532
00:28:01,840 --> 00:28:05,760
Speaker 3: fifteen media dot com. And always remember to lead with

533
00:28:05,880 --> 00:28:06,439
Speaker 3: your gifts