PAIN TO PROFIT$: How ServiceTitan Raised Money & Kept It's Soul, Morgan Housel on Getting Rich & Staying Rich.

$TREET $MART$
Ara Mahdessian: ServiceTitan Would Not Be a Success if We Raised VC Earlier

This podcast was so damn encouraging to me, and I hope it does the same for you.

Background and Inspiration: Ara Mahdessian, from the San Fernando Valley of Los Angeles, observed inefficiencies in his father's contracting business. With a Computer Science degree from USC, he co-founded ServiceTitan in 2012 with Vahe Kuzoyan to address these challenges.

Founding and Growth: ServiceTitan was created to streamline operations for home service companies, covering scheduling, dispatching, invoicing, and customer management. It quickly grew to serve over 11,800 businesses, driven by its significant impact on efficiency and customer service.

Funding and Expansion: The company raised over $1.4 billion from top venture capital firms like Bessemer, Battery Ventures, Index Ventures, and ICONIQ Capital, enabling rapid scaling and product development.

Leadership and Vision: As CEO, Ara focuses on empowering tradespeople through technology and fostering a strong company culture. He aims to elevate the trades industry, providing tools for greater success and recognition.

Achievements and Impact: ServiceTitan has received numerous accolades, including spots on the Forbes Cloud 100 and Inc. 5000 lists. Ara emphasizes customer success, integrity, and continuous improvement, driving the company's mission to support the growth and success of tradespeople worldwide.

PUL$E
What You Need to Master (And Avoid) to Get Rich, Stay Rich, and Build Wealth

If there is one thing I have learned, it is that most entrepreneurs put all their eggs in one basket—their Business. This long but thoughtful podcast does a great job of addressing the habits of wealthy people over time. These are important for us to understand.

Brand Damage
Are You Even in The Game?

In light of Saturday's assassination attempt on former President Donald Trump, we thought it timely to revisit the words of another former President who also survived an assassination attempt.

Theodore Roosevelt's stirring speech, delivered in 1910, resonates powerfully today. His words, of which these are but a snippet remind us of the courage and resilience needed to face the coming challenges in life and business, and they are especially poignant for us all this Tuesday morning.

The Man in the Arena

The poorest way to face life is to face it with a sneer.

There are many men who feel a kind of twisted pride in cynicism; there are many who confine themselves to criticism of the way others do what they themselves dare not even attempt.

There is no more unhealthy being, no man less worthy of respect, than he who either really holds, or feigns to hold, an attitude of sneering disbelief toward all that is great and lofty, whether in achievement or in that noble effort which, even if it fails, comes to second achievement.

A cynical habit of thought and speech, a readiness to criticize work which the critic himself never tries to perform, an intellectual aloofness which will not accept contact with life's realities—all these are marks, not as the possessor would fain to think, of superiority but of weakness.

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

For those more inclined to audio, you can soak the words in here.

Xcelerated Performance
Your Focus determines your Feelings!

In Case You Missed It
News For Your Consideration

• Trump makes first assassination attempt appearance at the RNC, selects Ohio Senator JD Vance as running mate.(Video)

• Musk pledges a whopping $45,000,000 a month for pro-Trump super PAC.