029 — Justin Fenchel - From Founder to CEO

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Podcast Summary:

Justin Fenchel, Co-founder & CEO of BeatBox Beverages, is a Shark Tank alum who, with his team, is reinventing the boxed wine category. Justin is experiencing all the challenges of being a Co-founder and CEO. He is juggling many duties and is now creating “bench strength” by hiring great team members. He and his team earned a $1 million investment from Shark Mark Cuban and is really taking advantage of Mark’s sage advice about focus.

Name: Justin Fenchel, Co-founder, CEO

Company: BeatBox Beverages

Powerful Promise of Value: BeatBox Beverages is boxed wine that isn’t boring (“A party in a box”)

Headquartered In: Austin, Texas

Blind Spot: “…it’s trusting other people to do the job as well as we feel we can do it as a management team…we have to hire people…I’m a very friendly, outgoing nice person…have to prioritize certain things…you can’t do everything… ”

Banish Your Business Building Blindspot!

Favorite Resources for Productivity: Help Scout (A help desk for teams), Instagress (Automates your like, comment, follow and unfollow activity on Instagram), If This Then That (Creates simple connections between the products you use every day), Cyber Dust (Sends fully encrypted messages)

Favorite Resources that helps with the Founder to CEO role shift: The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses (Eric Ries)

Favorite Founders: Bert Butler “Tito” Beveridge II

His Shark Tank Appearance: http://abc.go.com/shows/shark-tank/video/VDKA0_8bqtb0tv

Contacts: http://www.beatboxbeverages.com, Justin Fenchel on Instagram – https://instagram.com/well_this_just_in/