Episode 217: Ryan Denehy - Founder & CEO, Electric

Entrepreneurship is not for everyone, but for some people… they were just born with the ability to recognize opportunities in the market that are ripe for disruption and let’s face it, some were just born with that plain old hustle and desire to succeed. Take Ryan, a successful 3X entrepreneur who started his first company at the age of 17, an action sports video production company that was acquired by USA Today while he was still in college. His second company, Swarm Mobile, was acquired by Groupon and it was his experience running this company where he witnessed the frustration and problems with IT for companies. Someone had to wear the IT support hat internally for a small to mid-sized company and in some cases, it’s the founder (as was the case at Swarm), which triggered the aha moment… there has to be a better way. Electric was launched to solve this problem and the company recently closed a $40M Series C round of funding to revolutionize IT by making it simple, accessible, and cost-effective for businesses everywhere. The company provides real-time IT support to 25,000 users and centralized IT management to over 400 customers. In this episode of our podcast, we cover: * Advice for founders on figuring out your ideal customer profile before leaping into a business 100% of your time. * Some great stories around building his first company and how starting a company as a teenager benefited him… think “no fear.” * The details on Swarm Mobile and the lessons learned from this experience. * What led Ryan down the path of starting Electric and the incredible value they are providing companies. * A discussion around branding and how he wanted to make the Electric brand bold and memorable. * What founders should be thinking about as it relates to building the company’s culture. * And so much more. If you like the show, please remember to subscribe and review us on iTunes, Soundcloud, Spotify, Stitcher, or Google Play.