"There's something here for everybody in Northwest Arkansas, and it's the kind of place that, you know, you really can make your dreams come true in a space like this. It's not gonna be easy, but because, you know, people are really open to building relationships and really connecting with you, I mean, I can't think of more fertile territory for you to start something."
— Randy Wilburn
On this episode of I Am Northwest Arkansas®, recorded in partnership with the Startup Junkies Podcast, Daniel Koontz and Ty Steele welcome Randy Wilburn, founder and host of I Am Northwest Arkansas®, to share his journey from Boston to Fayetteville and the power of community, storytelling, and entrepreneurship in the region. Randy talks about building the podcast he wished existed when he moved here, the growth and unique character of Northwest Arkansas, and how relationships are the secret ingredient for business success.
Randy shares why he believes the region is fertile ground for founders, thanks to its welcoming ecosystem, mentorship opportunities, and teams willing to support even newcomers. Whether you’re inspired by the stories of Walmart, Tyson, and J.B. Hunt or you want tips for discovering your "why" and connecting with your audience, this episode gives you the tools to dream big—and start small.
All this and more on this episode of the I Am Northwest Arkansas® podcast.
This episode is sponsored by:
FindItNWA.com - Find It Fast. Find It Local.
ONBoardNWA.com HyperLocal Jobs in NWA
FindItNWA.com - Find It Fast. Find It Local.
Signature Bank of Arkansas "Community Banking at its Best!"
*Note: some of the resources mentioned may be affiliate links. This means we get paid a commission (at no extra cost to you) if you use that link to make a purchase.
Thank you for listening to this I am Northwest Arkansas podcast episode. We showcase businesses, culture, entrepreneurship, and life in the Ozarks.
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Looking to discover the best local businesses in Northwest Arkansas? 🌟 From cozy cafes to essential services, FindItNWA.com has got you covered. Connect with your local community with just one click and explore something great. Visit finditnwa.com today! #LocalBusiness #CommunitySupport"
There's something here for everybody in Northwest Arkansas, and
Speaker:it's the kind of place that, you know, you really can make your
Speaker:dreams come true in a space like this. It's not gonna be easy,
Speaker:but because, you know, people are really open to building
Speaker:relationships and really connecting with you, I mean, I can't
Speaker:think of more fertile territory for you to start something.
Speaker:This is the Startup Junkies Podcast. Hello, ladies and
Speaker:gentlemen. Welcome to another episode of the Startup Junkies Podcast. Thank you for
Speaker:tuning in wherever and however you're tuning in from. My name is Daniel
Speaker:Koontz, and I'm one of your hosts. Today I'm joined by Mr. Ty Steele
Speaker:and Ms. Grace Olson. Ty, how's it going? How are you doing? How are you
Speaker:here? Glad to be here. Yeah. Grace, how are you doing today? Doing well. Thanks.
Speaker:Thanks for having us. Yeah. This is your breakout episode, right? Breakout. First
Speaker:one. First time, yes. Okay. Well, we're glad you guys are with us
Speaker:today. Well, we're also glad because we're joined by our new friend.
Speaker:He's the director of communications and marketing at the Fville Public Library,
Speaker:the founder and the host of I AM Northwest Arkansas, Mr. Randy
Speaker:Wilburn. Randy, how are you doing today? I'm good, man. Thank you so much for
Speaker:having me. It's great to be back here with Startup Junkie once again.
Speaker:Once again. So this is fun. We were talking. This is what, your third
Speaker:time? Yes, third time. So you kind of know how we like to start these
Speaker:episodes then, don't you? Yes, I do. Okay, so for some of our
Speaker:audience who might not know that you've been on that show before, give
Speaker:us your origin, Give us your background story a little bit. Sure. So
Speaker:again, Randy Wilburn, founder of I Am Northwest Arkansas.
Speaker:It's a podcast that covers the intersection of business, culture,
Speaker:entrepreneurship, and life here in the Ozarks. Started it seven years
Speaker:ago. I can't believe it's been that long. Basically, it's the
Speaker:podcast I would have wanted when I moved here in 2014, but it didn't
Speaker:exist. And so, fast forward five years later. I
Speaker:created it in 2019, and now seven years
Speaker:and over 400 episodes later, still doing the podcast, still
Speaker:telling stories. I have not missed a Monday in seven years. So
Speaker:every every week, brand new episode. And just
Speaker:honored to be able to tell the story of all the amazing people that make
Speaker:Northwest Arkansas what it is. So who's typically the
Speaker:guests that come on the show? We get a variety of people, so
Speaker:we work with organizations, we work with individuals. Anyone, as
Speaker:I people Ask me all the time, how do I get on the podcast? And
Speaker:I say, well, if you have an interesting short story, I
Speaker:probably think that you might be appropriate to bring on. But
Speaker:we've had, I mean, everybody from Charu
Speaker:Thomas, from Ox to Tanner
Speaker:Green to Mark Zweig, who's a really
Speaker:dear friend of mine. He's also a professor at the San Walton College
Speaker:of Business. He has a chair there in entrepreneurship.
Speaker:And so just another amazing individual. I've had Startup
Speaker:Junkie on the podcast. So we've. We've had, you know,
Speaker:all, all, all, all individuals are
Speaker:fair game. And again, we just like telling really unique
Speaker:stories. So. Yeah. So you moved here in 2014, correct? Yes.
Speaker:Where were you beforehand? Boston. Boston. Yeah. For 17 years, I was in
Speaker:Boston. And I was in Boston, and that's where I met Mark
Speaker:Zweig. He and I were owners of a company called Zweig White
Speaker:and Associates. It was a management consulting and publishing firm which
Speaker:serves the design industry. That firm continues to run
Speaker:to this day, and they're the reason why I relocated here in
Speaker:2014. Firm was originally
Speaker:sold. We got acquired by somebody else. I left to go do my thing. Mark
Speaker:left to come teach here in Arkansas. And then we
Speaker:reunited again. And so, you know what they say. You always want to
Speaker:keep strong relationships, right? Because you never know when you'll get that call.
Speaker:You'll never know when you reach out, back out to someone that has worked with
Speaker:you in the past and says, hey, let's work together again. And so I
Speaker:answered the call again, and he convinced me to move to
Speaker:Arkansas. My wife and I and my three boys. And we've been here 11
Speaker:years and have loved every minute of it. So, yeah, Mark,
Speaker:he's very convincing, isn't he? He is very convincing. I took his class at the
Speaker:university. So, you know, you know, the history of Mark Zweig and, you
Speaker:know, his ability to compel students to really do
Speaker:the right thing, especially as it pertains to business. And, you know, I think about
Speaker:all of the different entrepreneurs that have come through his program over
Speaker:the last more than a decade, and we've seen some that
Speaker:have done really, really well. And so it's always nice to
Speaker:be related to or with someone like that that is really
Speaker:speaking into the lives of the next generation of entrepreneurs
Speaker:here in Northwest Arkansas. Yeah. What was a
Speaker:transition like going from Boston, coming to a city who that's
Speaker:growing rapidly, like nwa. Man, I'm still
Speaker:acclimating myself, still figuring it out. I mean, you know, my biggest issue is,
Speaker:like, I can't go out after 9 o' clock and get a slice of pizza
Speaker:or something like that. Not like real pizza. And then, you
Speaker:know, my wife and I, we still kind of complain about the big city things
Speaker:that just don't have here. I'm from right outside of New York City, so
Speaker:that's a city that never sleeps. Boston, I won't say it's a city that
Speaker:never sleeps, but I mean, I can go out at 10 or 11 o' clock
Speaker:at night and still get a decent meal. You can't really do that here unless
Speaker:you want to go to Sonic or. And there's nothing wrong with those
Speaker:places, but I prefer to, you know, to eat something of
Speaker:substance. And so, yeah, that's the only challenge. But outside of that,
Speaker:this area has really grown on me again. When I
Speaker:got here in 2014, I remember landing at XNA and
Speaker:I looked around and you know, back in the day you landed at XNA and
Speaker:it was how fields. I'm like, where am I? And I
Speaker:said, man, you know, I said, I don't know if I can do
Speaker:this. And I remember taking the rental car and driving into Fayetteville and then
Speaker:slowly but surely, you know, it really clicked that, wow,
Speaker:this could be a good place. And you know, at that point in time, northwest
Speaker:Arkansas was, it was and still is on the come up. Right. I mean,
Speaker:it's an evolving space. It's one of the fastest growing MSAs in
Speaker:the country. More and more people, like when I first started doing my
Speaker:podcast, about 28 to 29 people a day were relocating here.
Speaker:Now it's closer to 40 and that's huge. Right. And we,
Speaker:this, this area, this region, Northwest Arkansas is
Speaker:going to be about a million plus people somewhere around 20,
Speaker:45, 2050, depending on how fast they move here. So
Speaker:it's been exciting. It's been exciting, yeah. And hopefully, you know, in the future,
Speaker:restaurants stay open a little later, Bars may stay open. Well, yeah, I mean,
Speaker:I mean, we'll get there. But you know, it's funny you say that,
Speaker:I laugh about that. But at the same time, just the other day,
Speaker:Onyx Coffee was awarded the best
Speaker:coffee shop in the world. And it's right here in
Speaker:northwest Arkansas. Right. So that's something that you can be proud of.
Speaker:I remember when they first started really on the national
Speaker:scene and they were competing against coffee shops like
Speaker:Stumptown up in Oregon and some others. And you
Speaker:were thinking, man, maybe one day they'll be there. And now they. They're there.
Speaker:Right. I mean, it's like, and you, you think about it and it's like, yeah,
Speaker:we, that, that's a regular coffee spot for me. Yeah. I mean, I've had so
Speaker:many meetings at Onyx and I've had John and Andrea on the
Speaker:podcast a couple of times. And so, you know, I mean, that's
Speaker:the eco, the entrepreneurial ecosystem that exists here in Northwest
Speaker:Arkansas. And so when you see that type of business
Speaker:excellence in practice on a daily basis, it
Speaker:can't, it can't help but hurt. Hurt. It can't hurt
Speaker:but help you as you decide what you want to do, especially if you're trying
Speaker:to start a business, you know, and that's why I really appreciate what you guys
Speaker:do in this marketplace because you give a lot of
Speaker:entrepreneurs hope. You provide a blueprint for
Speaker:success. You provide resources and tools which every
Speaker:startup needs. And it's important, you know, and that's,
Speaker:I mean, I think this is one of the most thriving entrepreneurial ecosystems
Speaker:in the country. Yeah, thank you for that shout out, by the way. We got
Speaker:to make sure we clip that. Use that social right there. But
Speaker:no, totally agree. This is kind of a little bubble here and you've had so
Speaker:many awesome founders and entrepreneurs on your podcast. When talking to these
Speaker:founders, what's one thing sticks out that says that all them have
Speaker:in common, that says, yeah, this person is going to be successful here in Northwest
Speaker:Arkansas. Relationship building.
Speaker:Right. I mean, everything that I've done here literally
Speaker:has been born out of one solid relationship.
Speaker:And I just mentioned his name earlier, Mark Zweig. And people think I joke about
Speaker:that, but he has introduced me to people
Speaker:who've introduced me to people and so on and so on
Speaker:and so on. And the relationship. The thing that I love about
Speaker:Northwest Arkansas in general, not just business, but it just. The people
Speaker:here are really cool and people
Speaker:legitimately want to see you succeed and have success,
Speaker:even if they're in a competing space. Right. And that's something
Speaker:that you don't normally see. I spent time out in the Bay Area in San
Speaker:Francisco, pre.com boom. I know I don't look that old,
Speaker:but I've been around a little bit. I actually, my first office
Speaker:when I got outta school and I had an office in San Francisco on
Speaker:Townsend between second and third. I was in the same building where Wired magazine
Speaker:got started. And so I've kind of been around and seen a lot of
Speaker:different things. But Boston's very parochial and
Speaker:if you, if you don't know somebody in Boston, it's gonna be hard for you
Speaker:to get ahead. But here in northwest Arkansas, I've seen so many people just
Speaker:relocate here, hang a shingle, and then all of a sudden you're
Speaker:like, man, these guys are. They're blowing up. They're doing it. And I've
Speaker:had people like that on my podcast. And I just think that's
Speaker:why I love continuing to tell these stories, because there's something here
Speaker:for everybody in northwest Arkansas, and it's the
Speaker:kind of place that you really can make your dreams come
Speaker:true. In a space like this, it's not gonna. But
Speaker:because people are really open to building relationships and really
Speaker:connecting with you. I mean, I can't think of more fertile
Speaker:territory for you to start something. Yeah, very well said.
Speaker:You know where it all comes from, right? Where it stems from, where the
Speaker:relationship and leaning on one another to build your business. You know where it's come
Speaker:from, right? Where it's really corny, it's really cheesy. What's that? But Walton's, J.B.
Speaker:hunt and Tyson, they all had to lean on each other, help each other grow.
Speaker:Just gets passed down for generation. Generation. Yeah. Well, and that's
Speaker:a good point. And that's honestly, for us here, that is the
Speaker:elephant in the room. Right, Right. We don't always mention it. I mean, you know,
Speaker:we're talking. I mean, Walmart's a Fortune 1 no matter what
Speaker:Amazon is saying. Walmart is legitimately
Speaker:a huge company, and they're really making inroads. I've become
Speaker:a student. I read Sam Walton's autobiography
Speaker:prior to moving here. Then I've read it again three times. I also
Speaker:follow a lot of what Sam Walton has done and the stories that people
Speaker:tell. And I've had a few people that are fos, friends of
Speaker:Sam on my podcast, and, you know, they all share really
Speaker:unique stories about what made him special. And, I mean, Sam Walton was
Speaker:the kind of guy that would go around the country
Speaker:to investigate other successful businesses. I
Speaker:mean, the reason why he created Sam's Club was because he went
Speaker:out and hung out with a guy named Saul Price out in California, and
Speaker:because the Price Club, and that's where he got the whole idea of the Big
Speaker:Box Warehouse, like that. And I, of course, you know, we know about Costco,
Speaker:which is their biggest competitor, but I mean, he, you know, I
Speaker:mean, there's nothing new under the sun, right? And a lot of times we want
Speaker:to create something that no one's ever seen before. But, you know, imitation
Speaker:is a sincerest form of flattery. And there's always gonna Be.
Speaker:There's always a way for you to improve on something, especially with the
Speaker:mindset that Sam Walton had. And so we see that with
Speaker:the trucking and logistics, with what JB Hunt has done. We
Speaker:see that with poultry, with Tyson. And again,
Speaker:you know, while we all can't be that huge,
Speaker:large company, I think Tyson is the second largest meat producer in the
Speaker:world outside of a company in Brazil. But, I mean,
Speaker:that's huge when you think of it. It's right here in our backyard
Speaker:in these two counties between Benton and Washington County. We
Speaker:have all of that entrepreneurial experience,
Speaker:entrepreneurial history. So we're
Speaker:standing on some pretty broad shoulders. And I
Speaker:think, you know, anyone that comes here has an opportunity to
Speaker:really do something special with their business, with their ideas,
Speaker:where they can grow them, because, I mean, people are looking
Speaker:to see folks succeed here. They really are. Yeah.
Speaker:What do you think that means for business owners or founders like yourself?
Speaker:I just think it means that, you know,
Speaker:again, anything is possible. I don't think that, you know,
Speaker:I think if you have a really good idea and you've stumbled upon something
Speaker:that you think you want to bring to market, I can't think of a better
Speaker:place to test it out. You're going to find out fairly quickly whether or not
Speaker:it has legs, whether or not people kind of believe in what you're
Speaker:talking about. And sometimes you may get that casual tap on the shoulder
Speaker:that says, I don't know if that's the one you want to do. Maybe you
Speaker:should try this. Right? And that's the other thing about the
Speaker:agility of small businesses to be willing and able to pivot.
Speaker:Right. Because sometimes what you find with founders is that they struggle
Speaker:with this idea that, I'm gonna make this thing happen, I'm gonna bring this to
Speaker:market or so help me God. And that's not
Speaker:always the best thing. Sometimes you need to know when to pivot. And
Speaker:I've had the pleasure of coaching a lot of small
Speaker:businesses here, some startups with pitch competitions and things of
Speaker:that nature. And I've gone and been a judge for the Governor's cup down in
Speaker:Little Rock. And I've seen a lot of these businesses, and I'm
Speaker:always aware. And one of the first things I say to companies that win a
Speaker:pitch, it' like, hey, this is great, but this may not ultimately be
Speaker:the end for you in this particular position or the company.
Speaker:You may end up going in a different direction depending on what the market will
Speaker:say. Right? And that's the thing we sometimes ignore. We Think we know best.
Speaker:The market will tell you unequivocally whether your idea is good
Speaker:or not. Yep. Right. You'll know your, your grandmother will, will love it, your mother
Speaker:will love it, your, maybe your, your other family members. But the market
Speaker:never lies. The market bats a thousand. And so you
Speaker:can ignore the market to your own peril or you can
Speaker:pay attention to what the market's saying. And especially if you
Speaker:connect with other people, like minded individuals that are here that have had
Speaker:some success, you know, they may help you along the way. And again, that's why
Speaker:I say the relationships are so important that you've got to connect with
Speaker:other people in this area that have kind of been there and done that
Speaker:because they have the scars to show it. And they can say, hey, avoid that.
Speaker:Don't go down that road. There's multiple potholes under the road. This road's
Speaker:gonna be a little smoother sailing. Yes, there may be a pothole or two, but
Speaker:you can navigate it. And I honestly, I think every business
Speaker:owner wants that type of help or advice.
Speaker:There's a few that like to be lone rangers and just do it on their
Speaker:own. But you know, that, that's, that doesn't always work. If you want
Speaker:to go far, you gotta go far together. You can't go far by yourself.
Speaker:Yeah. I love the fact that you bring up pivoting and kind of paying attention
Speaker:to the market. Can you share a time in your career where you
Speaker:paid attention, you had to pivot it. Yeah. You know, it's
Speaker:funny, recently I started a job board called
Speaker:Onboard nwa, which still exists. But I realized that the
Speaker:market was changing pretty rapidly. This is at the early stages of
Speaker:the AI boom. And so things have changed a
Speaker:lot. I don't think job boards are what they used to be. I still
Speaker:see a value in them. I think job boards
Speaker:are really valuable from a niche perspective. So
Speaker:what I'm seeing is niche job boards are still having a lot of,
Speaker:but just the general. We're gonna fill every type of position. Job board
Speaker:is not the same. And that's kind of what I had started. And so even
Speaker:though it still exists, I recognized fairly quickly
Speaker:that my efforts and the time that I was putting into it, I needed
Speaker:to pivot off of that and refocus on a few other things that I was
Speaker:working on because I didn't think that it was gonna have the staying power
Speaker:that I would have hoped for. And so, yeah, so
Speaker:I think the lesson learned from that is simply that you
Speaker:need to know when to say when. And be
Speaker:willing to kind of go in a different direction. You can't be so wedded
Speaker:to an idea or to a certain missions
Speaker:that if they don't come to fruition, you just keep going down that
Speaker:road, because that's the definition of insanity.
Speaker:You just don't wanna do that. And so I've learned
Speaker:some valuable lessons that way and it's helped me personally
Speaker:and honestly. The one thing that I have done that has really always
Speaker:served me well is just the ability to communicate effectively stor
Speaker:storytell and to do the podcast, which has,
Speaker:you know, kind of taken on a life of its own, you know, in terms
Speaker:of what I do with my business. And so I, I'm. I'm gonna continue to
Speaker:do that because they were writing drawings in
Speaker:caves and telling stories that way, and now they're doing it behind
Speaker:a mic. Right? And so I don't. Storytelling's never gonna go
Speaker:away. You know, it's why Joseph Campbell wrote, you know, he talked
Speaker:about the hero's journey and we've seen it manifested in most of the major
Speaker:movies that you watch. The. The arc of a hero's journey that
Speaker:to business practices and business principles. Your customer is the hero
Speaker:in the hero's journey. You can also be the hero in your journey as well.
Speaker:But there's a lot of different ways to look at it. But I think it's
Speaker:important to understand that, you know, storytelling is
Speaker:timeless and every business needs to be able. And I'm kind of
Speaker:switching gears here now. If a business can't effectively tell their story,
Speaker:the why behind why they do what they do, why
Speaker:am I gonna invest in you? Why am I going to purchase items or
Speaker:products from you? It's gotta be very difficult for me to that, right?
Speaker:So. Well, if you can give one piece of advice to some of those businesses
Speaker:who need help, you know, telling their story, what would it be? Oh, yeah, I.
Speaker:Well, first of all, the first thing I would say is you
Speaker:need to understand who you are, why you're doing
Speaker:what you're doing. Right? Because people can smell desperation a mile
Speaker:away, right? And it. And, and so first of all, you need to know your.
Speaker:You. You need to know your true North Star and your why.
Speaker:I mean, Simon Sinek talked about starting with your why. And that
Speaker:matters because people, if can believe in what your
Speaker:mission is, then I can invest in you, whether that means buying your product
Speaker:or investing in your company. But if I can't, if I can't
Speaker:believe you, then it's going to be really difficult. So I would start with knowing
Speaker:and having the narrative of who I am down first,
Speaker:then identifying who my ideal client is, my ideal
Speaker:avatar, who am I selling to and what problem am I trying
Speaker:to solve, and start storytelling around that with regard
Speaker:to the products and or services that I'm offering that, that I think
Speaker:can help that individual. And if you're not doing that, I mean, you've
Speaker:gotta be able to, as I tell, I told a bunch of folks at the
Speaker:McMillan Innovation Studio the other day, I said, if you can't in
Speaker:30 seconds tell me why I should even be
Speaker:remotely interested in what you're selling, then you've lost it.
Speaker:And that's what you have to get down. And too many people fumble around
Speaker:with everything, trying to disclaim everything and
Speaker:focusing on all of the features of their business as opposed
Speaker:to talking about the benefits. Right? Because every
Speaker:consumer in the world on this planet focuses
Speaker:on what they need. Right? It's what I need. When you
Speaker:go into the store, it's what you're looking for. There are certain things that you
Speaker:need to the exclusion of everything else. And so when I
Speaker:tell small business owners and startups, you gotta focus on
Speaker:what that customer needs. And if you have what they need, you have to articulate
Speaker:that as quickly as you can to let them know that they've come to
Speaker:the right place. Whether that's your website, whether that's your social media
Speaker:channel, whether that's meeting you in person at an expo, or something
Speaker:along those lines. Yeah, yeah. How do you do you do that? How do you
Speaker:figure that out? Is that through trial and error you find out what you need
Speaker:for. If I'm going to the store, then Walmart has what I need or whatever.
Speaker:Like, how do you figure that out, what your audience needs or what you're looking
Speaker:for? Well, and that's the funny thing, it's my wife and I have a joke
Speaker:because we always say, hold up, now, Walmart's got everything. They really do
Speaker:have everything, right? And you don't always need everything that they have,
Speaker:but there's always a good chance that if you walk in the Walmart, you could
Speaker:walk out with something that, that would be desirable, that
Speaker:would fit your, what, what your needs are. But I, I think it's,
Speaker:again, you have to determine what your
Speaker:customer wants. And once you do that, then you can
Speaker:figure out, okay, is this something that, that I have this service
Speaker:or this product, does that insert, fill in the blank,
Speaker:do what my client needs it to do. And it just, it's not something
Speaker:that you Know there is trial and error. You have to talk to
Speaker:people. You have to communicate and get feedback. I mean, that's why I think
Speaker:surveys are so important. People just, you know, you
Speaker:could throw out quizzes out there to find out where people are. People will tell
Speaker:you where they are, but you have to ask the right questions. If
Speaker:you're not asking the right questions, you will never know where that
Speaker:consumer is. So I think that's important.
Speaker:That's why, you know, we, we strongly emphasize here, you get on a consulting call,
Speaker:just customer discovery. You mentioned earlier, Grandma's gonna think it's an awesome idea. Your
Speaker:mom's gonna think it's an awes. Yeah, we tell people, you know, if you've got
Speaker:this idea and you need to validate it, go talk to people. Yeah. Go to
Speaker:Walmart, go to Farmer's market, if you go to the gym, go talk to people,
Speaker:ask some questions. Like I said, you gotta ask the right questions. But your mom's
Speaker:gonna tell you what you want to hear. Your friends are probably gonna tell you
Speaker:what you wanna hear. My gosh, I mean, it's crazy now.
Speaker:And here's the thing, and I will say this, I'm a little older than you
Speaker:guys, I got a few more gray hairs, but I only wish
Speaker:that I had access to the tools that you
Speaker:guys have access to in a lot of instances, for free.
Speaker:Right? I mean, when I graduated from college, I barely had an email
Speaker:address. And now you guys have chatgpt,
Speaker:Claude, you've got Gemini. You have all of these
Speaker:tools at your disposal to do whatever you want to do. So if you want
Speaker:to call up or ask ChatGPT to
Speaker:pretend or act as if they are a modern
Speaker:survey expert, and you say, I'm working on this particular
Speaker:project, project in this particular industry, and I wanna
Speaker:survey the public to determine exactly what their need is,
Speaker:you have that ability to do that back in the day, Man, I would
Speaker:have to be working on that for weeks to come up with that. And now
Speaker:you literally have access to it at your fingertips as quickly as you can
Speaker:type and as quickly as you can prompt it properly,
Speaker:it being the AI, properly, to then determine
Speaker:and come up with some answers for you to then go on. I mean, so
Speaker:the ability to iterate in this day and with a small business, with
Speaker:a startup is phenomenally faster
Speaker:than any any time prior in history. And I
Speaker:think it's important, especially for, for people listening to this,
Speaker:that, you know, if you take your time, all of the answers are out
Speaker:there. For the most part, it's just, you know, everybody
Speaker:wants to build a bigger, better mousetrap and I just think the tools
Speaker:to build that bigger, better mousetrap are easily at your disposal and you can
Speaker:do it in your parents basement if you want to. That's the difference
Speaker:of between now and say 25, 30
Speaker:years ago when I was coming out of college and it was just a lot
Speaker:different. Yeah, we're definitely in a fortunate position. Yeah,
Speaker:absolutely. Absolutely. The Startup Junkies podcast
Speaker:is brought to you in part by Arise. Arise helps Arkansas Tech and
Speaker:tech enabled startups grow with no cost coaching, capital, navigation
Speaker:and expert connections so founders can scale faster. Learn
Speaker:more@arise Arkansas.com. okay, so I've got a question for
Speaker:you. I was looking at your LinkedIn great headshot, by the way, but your
Speaker:banner, it says get 1% better every day. Oh yeah.
Speaker:Recently, what's something you've been doing to get 1% better every day? Well,
Speaker:so that came from that. I'm not going to take credit for that, although I
Speaker:use it. I even carry the, I have these, these little, little banners,
Speaker:these little bands on that say get 1% better every day.
Speaker:I wear these as reminders to, to just focus on just
Speaker:incremental improvement. Did you get it from Atomic Hack Habits? I, I got, yeah, the
Speaker:talk was from Atomic that. But, but he, he did, he wasn't
Speaker:the first person to talk about it. He basically said based on all
Speaker:the studies that he, that James Clear participated in, he saw that
Speaker:even just incremental improvement can move the needle forward.
Speaker:And that's why the whole 1% better every day makes a huge difference even
Speaker:in the, the span of one year, if that's your focus. And so
Speaker:what people, people want to take these giant leaps, right? And what I
Speaker:tell folks is just one, just one small step step can get you
Speaker:that much closer to your goal. And so yeah, get 1%
Speaker:better every day. That's, that is, that is at the banner. I need to change
Speaker:it because it's been. No, I like it, I love it. It's been like that
Speaker:for a while and there are mountains there and everything. And the whole idea is
Speaker:just simply, it's a point of encouragement. That's kind of why I named
Speaker:my company Encourage, Build, Grow. It's an escort. But I mean, I, I've,
Speaker:I've just wanted to encourage people to grow and build something special. Right?
Speaker:Maybe something that the world has never seen before. Although there is nothing new under
Speaker:the sun. Like I said earlier, there's still space
Speaker:for you to create your dream business. Right. And
Speaker:that dream business could, honestly, it could be a laundromat. It could be, you
Speaker:know, but it might be the best laundromat in the world, or it might be
Speaker:a laundromat where it's got wifi and all these other, you know,
Speaker:things that you wouldn't think a laundromat would have. And although I know
Speaker:that's been done in the past, you know, a lot of times we look at
Speaker:these unsexy businesses as like, oh,
Speaker:nobody wants to do that, but people are making money with laundromats, people are making
Speaker:money with vending machines, and you name it. There's. There's no
Speaker:shortage of opportunities to, to run, start and
Speaker:run a business and have success. It's just really dependent
Speaker:on how much work you really want to put in to make it happen. Yeah.
Speaker:So, no, I love just the incremental. Incremental growth. Luke is behind the
Speaker:camera. He's heard me say it several times this year. But I've been saying. I've
Speaker:been saying people forget that a mile is made up of inches. It
Speaker:is. I also say slow motion is better than no motion. Exactly. And let me
Speaker:add one more thing. So. So in the 60s, Mr.
Speaker:Toyota, this was post 20 years after
Speaker:we dropped the bomb in Japan, both in
Speaker:Hiroshima and Nagasaki. It took
Speaker:Japan a long time to rebuild, but once they got going.
Speaker:Mr. Toyota talked about this whole concept when he started his company,
Speaker:Toyota, about just consistent improvement. They call
Speaker:it Kaizen. They teach that in business school. And it's just the idea
Speaker:that you're making these small, incremental steps to
Speaker:grow. And we saw what happened. The Japanese, they took
Speaker:this kaizen approach. Mr. Dotson did the same thing,
Speaker:which is now Nissan. They all did the same thing, and then they ended up
Speaker:eating Detroit's lunch. Right. When you think about American
Speaker:cars, and we still haven't really
Speaker:recovered from right now, so the reality is that there's
Speaker:something to be said for this idea that all it takes is you just
Speaker:take one step at a time and you have one small victory,
Speaker:and then you. You take that victory and you build off of
Speaker:that, and then the next victory is that much better. So,
Speaker:you know, that's something that I tell people all the time. You don't have to
Speaker:go really far right away. Just take a small step. And that's why I say
Speaker:get 1% better every day. I've read James Clear's. I mean,
Speaker:I tell people all the time, if there is one book that you want to
Speaker:read, I think it's A book about habits. Because those habits
Speaker:will inform how you handle your day to day activities, both in
Speaker:your personal life life as well as in your professional life. And if
Speaker:you allow that level of excellence to creep into
Speaker:all aspects of your life, you're going to have a much
Speaker:greater opportunity of being a successful entrepreneur. Yeah. That
Speaker:idea of 1% better, if you do that every day, when you look back from
Speaker:a year from now, if you've gone better 1% each day, then you will see
Speaker:the progress you've made and it can continue year after year. I mean, I, I
Speaker:think, I don't do public math, but I want to say it's like 30, a
Speaker:37% increase over one year. Right. Because I mean it
Speaker:just, it' huge. And I, and I would always tell, I would, I do these
Speaker:leadership classes and I would tell people that, you know, if you think about a
Speaker:plane taking off from LAX and going to jfk, if that
Speaker:pilot changes the, the, the, the, the
Speaker:counter on that plane just three degrees off, he's going to end up in
Speaker:Washington D.C. right. So it's, it's, it doesn't take much
Speaker:to get you to, you know what I'm saying, to get you where you're going.
Speaker:So that's why I tell people all the time, just, just slight
Speaker:incremental growth. And before you know it, you, you're like you're killing it 1% every
Speaker:day. Yeah. Yeah. And that, that's mean. A lot of entrepreneurs can get so wrapped
Speaker:up with everything, you know, and the day to day grind and then just revenue
Speaker:and customers and all this, everything just seems so big where it's like,
Speaker:no, maybe today you treated customers better than you ever have
Speaker:before. Maybe today you made that marketing post that you really didn't want to. You,
Speaker:you didn't feel like making that graphic on camera. You didn't, you posted, you uploaded
Speaker:it, or you just had these small incremental changes to where you look back in
Speaker:a year. You do something like that every day, you're gonna have a good business.
Speaker:Yeah. And you know, I, I think for me it's like one of the things
Speaker:that a lot of people always, that I talk to about podcasting, they're like,
Speaker:man, how do you do it? And how do you get an episode out each
Speaker:week in seven years? That's a long time. I mean, I've been podcasting since 09,
Speaker:so I've done over 2,500 episodes. But what
Speaker:I tell people is if you, if you stay
Speaker:consistent, right. And so my whole thing was I
Speaker:always my, it was just simple, just press record, just be willing to
Speaker:press record as much as I can. And after a while you
Speaker:build up some momentum and you use that momentum to kind of take
Speaker:you to where you want to go. And honestly, at this point, as I
Speaker:tell people, I always have several months worth of content in the hopper
Speaker:ready to go. And then at new things as they present themselves,
Speaker:I'll record those as well. So I always have something thing ready
Speaker:to go. But it wasn't like that at the beginning. I had
Speaker:to work at it and I had to build it up. But once I built
Speaker:it up, it's just kind of taken on a life of its own. And I
Speaker:think for a lot of entrepreneurs, once you really, you know, prime that
Speaker:pump, right, and you think of the flywheel, you get it going over
Speaker:time, it's like, man, it starts to inertia, builds up and then it
Speaker:starts to take on the movement, just propels itself. Right.
Speaker:And so that's the thing. And with a business, I mean,
Speaker:you have to put that work in on the early stages, but down
Speaker:the road you can kind of benefit from the time and effort that you put
Speaker:in up front. Those long nights, those extra sessions,
Speaker:if you're recording, to get something recorded and to save it so
Speaker:that you can send it, share it out with your audience. I mean, it
Speaker:just takes time and effort, but it will pay off in the long run. Yeah,
Speaker:an object in motion stays in motion. Exactly. You know, 100%. They hear me
Speaker:say it. 100% every now and then. Yeah. We've thrown out so many cliches and
Speaker:so many things. Oh, I love cliches. Yeah, I do. Cliches
Speaker:and just truisms, if you will. Right. And
Speaker:I think a lot of times we laugh at them, but when you look at
Speaker:every successful business, they all can apply a truism
Speaker:and say, this is what we did. And in the case of Walmart, I mean,
Speaker:Sam Walton treated customers right and treated
Speaker:his employees right. And I know that. Yes. I mean,
Speaker:no company's perfect and every company has their challenges. But the bottom line is that
Speaker:the found of what Walmart started, they're still
Speaker:benefiting from it today. Yeah, right. And that's, that's
Speaker:how you have to look at it. And when you look at how he treated
Speaker:people, especially as that thing got off the ground, and you know, it's the hardest
Speaker:thing is like, how does an airplane get off the ground? But once it gets
Speaker:off the ground, that airflow and everything else just lets it get
Speaker:take off takes care of itself. Yeah, absolutely. 100%. Yeah. The.
Speaker:The golden state of capitalism in America, the 30s to 60s. They. They
Speaker:live by four principles in order. They'd go, take care of your employees.
Speaker:Yeah. After that, take care of your customers. After that, take care of your community.
Speaker:You know, who's around you. Fourth thing is profit. Yeah. Typically, we
Speaker:don't say it's a startup saying, I like to say this to people I meet
Speaker:with. You take care of the first three. That four is going to take care.
Speaker:It's going to take care of itself. Yeah. Typically finds a way. Yeah. No,
Speaker:without a doubt. And, you know, you said something earlier, and I didn't. I didn't.
Speaker:I didn't get to talk about it. But, you know, when you think of like,
Speaker:I think of like, I've worked with an organization called the Northwest Arkansas Council, which
Speaker:was founded by Walton, J.B. hunt,
Speaker:and Don Tyson. And when you
Speaker:look at their whole thing was, while it was for them, make no
Speaker:mistake about it, for their businesses, they wanted
Speaker:to holistically see Northwest Arkansas come up.
Speaker:Right. So while all of these companies are
Speaker:on the stock exchange and all of that, they're doing great. They
Speaker:wanted to create. Create an environment where other businesses
Speaker:could really do great and excel. And so when you look at the
Speaker:list of businesses that are now part of the Northwest Arkansas Council,
Speaker:I can only imagine that somebody like Sam Walton or J.B. hunt,
Speaker:that if they're looking down on this, they're saying, man, you know, that was that.
Speaker:I'm really glad we started that, because look at where it is
Speaker:now, and it's only gonna continue to improve. And so when I see somebody
Speaker:like a Todd Simmons or someone like that that has had a
Speaker:significant AM of standing on the shoulders of what
Speaker:Don Tyson and his dad did to start Tyson, or
Speaker:just looking at what Sam Walton did or JB Hunt, it's like,
Speaker:yeah, we have all these examples, and they laid the
Speaker:foundation and created a framework that in just about any business that
Speaker:comes to Northwest Arkansas, if they really, truly want to have success,
Speaker:I believe in my heart they can. They got to put the work in.
Speaker:There's no substitute for that, but this is a really
Speaker:good place to try to do that. Yeah. Yeah. What personally
Speaker:motivated you to spotlight individuals in Northwest Arkansas?
Speaker:I think, again, from my podcast. It was the
Speaker:podcast I would have wanted when I moved here in 2014, and it didn't
Speaker:exist. So I was my perfect
Speaker:listener or client or customer. And so I said, I
Speaker:want to create a podcast like that. And sure enough, There were other people that
Speaker:wanted to listen to that. And so that was the reason why I
Speaker:created the podcast. And then that podcast has then
Speaker:basically translated into a lot of other different things that
Speaker:I've done in the seven years since I started that, since I
Speaker:left the company that I came here to work for. I worked with
Speaker:Zweig Group for five years, and then I left to start Encourage, Build,
Speaker:Grow. And it's been seven years. And yes, I do work at the Fayetteville
Speaker:Public Library, but I work there because I've always been.
Speaker:I grew up in the library. I don't know about you guys, but I mean,
Speaker:I've always had a library card. I was that kid that spent my Saturdays in
Speaker:the library when I wasn't doing sports. So the library is very near and dear
Speaker:to my heart. Heart. And I've had a chance to feature the library on my
Speaker:podcast several times and had a chance to build a relationship with David
Speaker:Johnson, the executive director there. And of course, you know, I tell people all
Speaker:the time, the library is one of the reasons why we moved here as well,
Speaker:because my wife was really blown away by the library. And this
Speaker:was pre expansion. Now we have 190,000 square
Speaker:feet of space. We've got a restaurant, we've got our Segas
Speaker:coffee shop. We've got an event center that seats
Speaker:750. We can have 500 for a banquet and
Speaker:1,000 standing for a concert. They've hosted off
Speaker:Broadway plays. I mean, and you can get
Speaker:any library book that you want, host a startup junkie events. And host a startup
Speaker:junkie events. And then the other thing is, I mean, like I tell people, with
Speaker:a library card, you can cut an album, you can shoot a short video
Speaker:or documentary or a movie, you can do a photo shoot,
Speaker:you can record a podcast. There's not much you can't do.
Speaker:And I want to see more libraries libraries expand the way
Speaker:the Fayetteville Public Library has. And that's another reason why this
Speaker:area is so such a fertile
Speaker:place for businesses to grow. Because like we said earlier, even
Speaker:if you're just getting started and you just have the lack of
Speaker:resources that most people have when it comes to startups, that
Speaker:building just down the street from this startup junkie office
Speaker:can really be be a very great place for you
Speaker:to get started because there's so many tools at your disposal,
Speaker:whether it's, you know, temporary office space in some of our
Speaker:study rooms, whether it's any of those other items that I just
Speaker:mentioned that you need a 3D printer, you want to make some buttons? Whatever you
Speaker:want to do, it's all there for you. And you can do it all with
Speaker:a library card for free. Yeah, I love how passionate you are. It's all. It's
Speaker:cool to see. Well, it seems like in the past seven years, you've done a
Speaker:lot of great work work here. What do the next seven years look like for
Speaker:you, man? You know? Well, I hope to get all my kids through high
Speaker:school here at Fayetteville High School. I've gotten two through. I got one more to
Speaker:go. And he's actually over in Spain studying and
Speaker:learning Spanish and playing soccer. But he's still got
Speaker:two more years to go when he comes back. So I want to get my
Speaker:kids through there and then, you know, whatever else they're trying to work on.
Speaker:Because I really. I'm trying to create as many opportunities
Speaker:as I can for them to be successful, as I'm sure most
Speaker:parents are of their kids that are here or anywhere. And then,
Speaker:you know, I have a lot of life left in me.
Speaker:I'm not the retiring type. My grandfather, who
Speaker:was a broadcast journalist for ABC News, he
Speaker:worked until he was in his early 80s. And the only
Speaker:reason why he stopped working was because we had to take his license away from
Speaker:him. Cause we weren't sure he could really see us, though. But he would drive
Speaker:over to New York City every day to go to the United nations to cover
Speaker:news stories. And eventually we took his license from him. And then
Speaker:after that, that's only then did we see a
Speaker:slow decline. And so my goal is to work as long as I can,
Speaker:doing things that I love. Helping other people to storytell. I think
Speaker:anyone can tell stories because that's something that's
Speaker:timeless. Right? And even as we get older, you typically
Speaker:give people with more gray hairs with more
Speaker:tread under their tires. You give them the ability to share those
Speaker:stories. Cause you feel like, well, they've probably seen and done things that I haven't
Speaker:done. Let me listen to this person. And
Speaker:so I hope to be able to be that for small
Speaker:business owners that are coming up and need advice or guidance or just
Speaker:an encouraging word. Cause I think we all need that. But, yeah, I hope
Speaker:to continue to do that for quite some time. So we'll see how it goes.
Speaker:Yeah, I say we're looking forward to seeing you continue to do good work here.
Speaker:Continue to storytell the way we kind of like to wrap up these episodes.
Speaker:Earlier you mentioned all this awesome technology and all these great programs that the
Speaker:Fayetteville Library has, has. One thing you mentioned, Fayetteville Library does not
Speaker:have is a time machine. Right. If it did have a time machine, you can
Speaker:go back and give a younger Randy a piece of advice. What would that be?
Speaker:Yes, well, I owned a couple of pieces of property
Speaker:in Boston that I should have never sold. Yep. And, and,
Speaker:and I, I always kick myself for that. And I wish I had just held
Speaker:onto them and I could have. I didn't need to sell them, I just sold
Speaker:them. And you know, just, I think a lot of times we think, oh, this
Speaker:is, this is great, I'm going to take this money and do it. You don't
Speaker:the sale. You make money when you purchase a property. And I got them for
Speaker:dirt cheap and I should have just held onto them. And the other piece is
Speaker:that I had a hundred shares of Amazon in
Speaker:1998, long time ago,
Speaker:probably before some of y' all were born. But the bottom line is I
Speaker:wish I still had those a hundred shares. I remember exactly the day that
Speaker:I sold them. And there was at a time when, you know, when they had
Speaker:the dot com bubble and people were like, oh, Amazon's a flash in the
Speaker:pan. It's not going to work. And trust me, I've done the math. You know,
Speaker:it was, it's probably like, I think, because I actually remember the
Speaker:exact day I purchased it and, and when I sold it, but,
Speaker:you know, it probably about four, $4.5
Speaker:million later. Yeah. So that was a mistake I made.
Speaker:Right. I'll live with that for the rest of my life. And I've had, I've
Speaker:had conversations with other people that have been like. And I've, I've shared this story
Speaker:before, but I've had friends that have told me similar stories, some with
Speaker:even bigger zeros on the end. And so, I mean, I think
Speaker:if you're blessed to live a long life, you're gonna make some mistakes.
Speaker:The real question and real challenge for anyone listening is
Speaker:do you learn from those mistakes or do you keep doing them
Speaker:over and over again? Right. Because that's the
Speaker:definition of insanity. And so you want
Speaker:to learn from those mistakes and move forward. And so my
Speaker:advice to anyone is let compound.
Speaker:Let, let, let your money really grow for you and don't feel like
Speaker:you've got to be in and out of things. I know the poly market is
Speaker:one thing and calshi and everybody likes these, this quick
Speaker:stuff. And I would just, I would just caution that, you
Speaker:know, gambling and all that other stuff, the poly markets are cool.
Speaker:And I don't want to. I'm not reading. I'm not reading. I'm not talking to
Speaker:anyone in particular. I'm just saying in general, just be
Speaker:mindful that these markets are in business for a reason because
Speaker:they see a need and they're meeting that need at
Speaker:inexorable clip right now. And so my advice would simply
Speaker:be, hey, just be mindful of that, because that ties into.
Speaker:You're gonna make mistakes, learn from those mistakes, and
Speaker:hopefully those mistakes don't have too many zeros at the end of them. Right, right.
Speaker:And then you can go. You can move on from there. But, you know, like
Speaker:I said, for the most part, a good stuff stock,
Speaker:good real estate. Hold on to it for as long as you can and
Speaker:don't ever let it go unless you really need to.
Speaker:Because. Because you can leverage that as an asset as you grow
Speaker:your. Your personal wealth. Yeah. Your net worth. And. And that
Speaker:will help you certainly start a business, too. So. Yeah, you hear that, Grace? No
Speaker:sports betting. And hold on to your stocks. All right.
Speaker:None of that. Yeah, yeah, yeah, absolutely. Well, well, Randy, if
Speaker:any of our listeners want to learn more about you or Northwest
Speaker:Arkansas, where can they go? Yes, they can just go to iamnorthwestarkinsas.com
Speaker:that's the website. We have a brand new episode that drops every
Speaker:Monday, rain or shine. As I like to say, we're on every
Speaker:major podcasting platform, iHeartRadio,
Speaker:Apple Prime,
Speaker:YouTube, YouTube, Podcast. Everywhere you go, you can find
Speaker:the podcast. It's been out. Like I said, we have over 400 episodes, so there's
Speaker:a little something for everyone there. And then, of course, you can always check me
Speaker:out at the Fayetteville Public Library. My email is R.
Speaker:Wilburn. Just my first initial last name.
Speaker:If anybody watching this video needs time
Speaker:at the library to work on something or just some ideas about how
Speaker:to take advantage of the library space to get your business
Speaker:idea off the ground, come see me, Tell me you saw me on
Speaker:Startup Junkie. I'll be happy to walk you through what you need and then send
Speaker:you back up here to Startup Junkie so they can get your Kiva loan
Speaker:or you can get help with some funding so that you can get your business
Speaker:off the ground. Right. But. But yeah, we got it all covered. And like
Speaker:I said, with. With an organization like Startup Junkie, I mean, you have
Speaker:everything that you need right here in your own backyard, so why not take
Speaker:advantage of it? And I'm here to help as well, so please reach out. You
Speaker:can also connect with me on LinkedIn as well. I'm on there and
Speaker:happy to help in any way that I can. Yeah, we appreciate the shout out
Speaker:there. We encourage our audience or listeners to check out the
Speaker:library. Check out I Am Northwest Arkansas to even email
Speaker:Randy and to follow the Startup Junkies podcast on Apple, Spotify and
Speaker:YouTube. Yes, Randy, thank you so much for coming on. Thank you guys so much.
Speaker:Appreciate you. If
Speaker:you enjoyed this episode, make sure to share with a friend, subscribe and
Speaker:review because it matters to us and we want to hear from you. If you're
Speaker:interested in learning how to work with us, check out the information below. See you
Speaker:next week.