Latest / Beyond Fulfillment Podcast / From Dream Job at Amazon to Bootstrapped Founder: Thomas David Ye on Surviving the Wilderness
Transcript
- 0:00I was just like, my god, like what have I done?
- 0:04Like this doesn't even the math doesn't math.
- 0:07Why am I like working so so so so much for so so so so so little?
- 0:11as you go through life and business,
- 0:13you're gonna get good luck and bad luck.
- 0:15So it's all about like just staying alive long enough that like the good luck finds
- 0:19you and like so far it's been working out.
- 0:28All right, Tomas David Ye welcome to Beyond Fulfillment.
- 0:33Hey, how's it going, Dave? Pleasure to be here.
- 0:35Yes, fantastic. We appreciate you taking the time.
- 0:38~ so Tomas, you've got quite an interesting road to how you became an entrepreneur.
- 0:44you actually
- 0:44Yes, sir.
- 0:44have a ~ a degree from ~ university in Prague in theoretical mathematics,
- 0:50but now you're here in the US running a supply chain tech consulting company.
- 0:56so so just to set the stage for our listeners and on how that all happened,
- 1:00can you talk about ~ how you became an entrepreneur?
- 1:04Yes. I'll give you like a long story short and then we can dive deeper into into
- 1:08any of those sub stories. But yeah,
- 1:11so I I'm from Europe, from Czech Republic.
- 1:14tiny country next to Germany and ~ yeah,
- 1:19that's where I grew up and I studied theoretics because you know I was I
- 1:23was good at math.
- 1:24I played chess when I was a kid.
- 1:26So I was like, I'm gonna study math at university.
- 1:28And at some point I was like, maybe I'm just gonna get like a PhD
- 1:31in mathematics and like study,
- 1:33you know, solve like some of like the big unsolved problems in mathematics.
- 1:37~ that didn't quite work out. I didn't I didn't get to the schools I wanted
- 1:41to do the PhD in, blah, blah, blah.
- 1:42And so then as a plan B, I was like,
- 1:45all right, I might as well go get a job in tech.
- 1:47And so I
- 1:48applied all over all over Europe.
- 1:50Amazon said hello and they were like,
- 1:52hey, you want to like start working for us in like supply chain?
- 1:56they had a whole like software dev team based in Luxembourg in Europe.
- 2:01Which is like the European Seattle for Amazon.
- 2:04They have like thousands of employees there.
- 2:06And I was like, sure, I don't really know where Luxembourg is,
- 2:10but like yeah, I'll I'll work for Amazon.
- 2:12And then I yeah, they gave me the offer.
- 2:13I moved to moved to move to Luxembourg.
- 2:16worked two years in Luxembourg,
- 2:18then they moved me to Seattle.
- 2:19I worked two and a half years for Amazon in Seattle.
- 2:22a bunch of software for Amazon's warehouses,
- 2:25right? it was more like the the the Amazon's middle mile,
- 2:28like how do you move, the Amazon
- 2:30sort of fulfillment strategy, right?
- 2:32It the very much like hub and spoke kind of deal where you have these massive
- 2:37fulfillment super centers and then like sort of volume moves from those massive
- 2:42fulfillment centers to more localized sort centers and and delivery stations.
- 2:46there's a bunch of like sub-problems to how you like minimize the cost
- 2:51as you're like fulfilling, you know,
- 2:52this like incredible demand.
- 2:54once I hit like my fourth year at Amazon,
- 2:56that's when I started to think about,
- 2:58how can I branch out?
- 3:00Outside of Amazon. can I do something on my own?
- 3:02the fundamental insight, was, you know,
- 3:05Amazon is already super sophisticated,
- 3:08and it's probably the most sophisticated supply chain operation in the world.
- 3:11And
- 3:12Yet as an insider, I saw so much room for improvement,
- 3:17right? it's the best supply chain operation in the world,
- 3:19and yet there's still so much room for improvement.
- 3:22So my hypothesis was: if I go outside of Amazon and I start helping people
- 3:28who are doing you know fulfillment work that are not Amazon,
- 3:32there's gonna be even more, even more opportunity.
- 3:34And so
- 3:36So that's how I left and luckily,
- 3:37knock on wood early on, I was able to score some some good customers that needed
- 3:42some like random software work in like early twenty twenty four and
- 3:45and then you know never looked back.
- 3:47my motto that I took from Amazon was always,
- 3:50Whatever customers want or prospects want,
- 3:52you know, I always say yes to and then we've kinda figure out how to
- 3:56how to make that happen, you know,
- 3:58on the back end. And yeah, so far it's been it's been going pretty well,
- 4:01I have to say. Very feeling very blessed.
- 4:04Okay. All right. So appreciate that that whole ~ intro there and a lot to unpack.
- 4:09So first of all, when you're growing up in Czech Republic,
- 4:12right, and you're going to university to study mathematics and and kind
- 4:15of figuring out your path, did you ever envision yourself coming to the US?
- 4:20~ yeah, definitely. So I'm half American,
- 4:24right? So my dad is from Wisconsin,
- 4:26believe it not. ~ but but I was born and raised in Czech Republic,
- 4:30right? So like, you know, my my dad left the US,
- 4:34you know, went on like a Euro trip,
- 4:36you know, when he was like early 30s,
- 4:38and then met my mom and never left,
- 4:40right? And and stayed in the Czech Republic and had three kids and so then he stays.
- 4:44He's super happy in Prague. But ~
- 4:47Well growing up, I had a super like Czech growing up,
- 4:50apart from most summers I spent in the US,
- 4:54in like the Minneapol Minneapolis suburb area.
- 4:58That's where my dad's from, you know,
- 4:59like the Wisconsin side of Minneapolis,
- 5:01and that's where we spent me and my sister and my dad most of the most
- 5:06of our summers. And so I definitely knew America existed.
- 5:11And you know, my dad was pretty good about like,
- 5:13making us remember that we're Americans too,
- 5:16not just Czechs, he would take us to like New York City,
- 5:19to Chicago, to Miami to kinda like show us more of the US.
- 5:22So like I grew up knowing of America and how like life in America could look like.
- 5:28So I mean, just like knowing that,
- 5:30it's hard not to wanna come to the US.
- 5:34but of course my growing up was like sort of like very optimized for like
- 5:37competitive gymnastics, then f I was in this semi-private,
- 5:41you know, h high school that like fed in very nicely into like the elite like STEM
- 5:47universities. So also my education was free.
- 5:51So growing up in Czech Republic was like very optimized in a certain way.
- 5:55And so like
- 5:56I came to the US l relatively late,
- 5:58but I always knew at some point I'm gonna end up there somehow,
- 6:02And so I at that time, late teens,
- 6:05early twenties, I'm not thinking,
- 6:08I'm gonna go there and I'm gonna like be an entrepreneur,
- 6:11I'm gonna be the next Mark Zuckerberg or whatever.
- 6:13It's more like I just wanna get to the US and do something,
- 6:16I'm eternally grateful to Jeff Bezos and,
- 6:18you know, the entire Amazon crew for extending that offer and like,
- 6:22allowing themselves to be the bridge for me to go from Europe to the US.
- 6:26And then yeah, that was it.
- 6:30Okay. All right. So you you start working on Amazon ~ in in Luxembourg,
- 6:35eventually you get transferred to Seattle.
- 6:37And like you said, right, I don't think anyone would argue they're
- 6:41the most sophisticated logistics operation in the world,
- 6:44but yet like you said, there's so much room for improvement,
- 6:47~ just in terms of even like the you know,
- 6:50the half empty boxes and and different things you
- 6:52Right.
- 6:53saw you saw on the inside. So
- 6:56You know, and you're now in the US full time and you're kind of feeling that
- 7:00~ that urge of like wow, what do
- 7:02The energy
- 7:03the energy, yeah, yeah, of what's possible,
- 7:06right? Being being in the
- 7:06Yeah, no ceiling man, no limits.
- 7:10Yeah. So then what made you finally make the leap to go and and and leave Amazon
- 7:15to start your own company?
- 7:17Right, so I'm working at Amazon,
- 7:19right? there's a bunch of content about working at Amazon,
- 7:22right? A lot of it is not positive.
- 7:25~ my experience was generally not like that.
- 7:28I was I was fortunate again, ~ I had pretty good teams and I've won.
- 7:33But like while at Amazon, I'm like I'm constantly thinking,
- 7:36right? And like I'm meeting people.
- 7:38And then one thing that I did,
- 7:42~ I attended Promat in two thousand and twenty three,
- 7:46~ in Chicago. And there I meet Andrew Hainer.
- 7:51you know, from Medusa distribution.
- 7:52it's a logistics company in in New Jersey,
- 7:56at that time I didn't really even know where New Jersey was.
- 7:58But like I just met Andrew and he was super cool guy.
- 8:01And so we we hit it off. He's kind of talking to me about his company.
- 8:04I'm kind of talking to him about my experience at Amazon.
- 8:07I'm kinda telling him about some of like the ideas that I'm thinking about
- 8:10of potentially starting some kind of a company.
- 8:12And he's like, we're not a tech company,
- 8:14but we have all these like random tech problems with our WMS.
- 8:17And and you know, he starts talking about some like packing boxes
- 8:20and building pallets and stuff and et cetera,
- 8:23et cetera. And so we just hit it off and and and and it seems like there could
- 8:28be some kind of a potential, but
- 8:30Like, you know, we leave, we keep in touch,
- 8:33kind of the conversation slowly evolves into,
- 8:35is there something here? And then,
- 8:38and then eventually Andrew's like,
- 8:40hey man.
- 8:42I actually have a problem and I think you'd be like the perfect person to solve it.
- 8:47Like, if you want to like leave Amazon and start a company to solve this problem,
- 8:52we'd happily be your first customer.
- 8:54This was not like the first time I'm trying to like branch out outside of Amazon,
- 8:58but this was the first time when I had like a reasonably sized company with like
- 9:03a reasonable
- 9:03Budget, say if you're ready, we're ready to like invest right now,
- 9:08right? And so, and even though I had a very comfortable and happy life in Seattle,
- 9:14I just had this sense that this opportunity might not come again.
- 9:20I might not meet another Andrew Hayner,
- 9:22you know, or at least it might take a long time.
- 9:25So, you know, I was just like
- 9:28Alright, let's give it a shot.
- 9:30I sent in my two weeks to notice to Amazon,
- 9:32~ drafted some contracts with with Andrew,
- 9:35we we signed the paperwork and ~ and project started and that was it.
- 10:17Okay. All right. So you obviously you're you're looking at things to do.
- 10:21You have ideas. You're going out meeting people.
- 10:23Like you said, you hit it off with Andrew.
- 10:25He has a problem he needs solved.
- 10:28The budget's right. Everything lines up.
- 10:30And he he basically says, Look,
- 10:32if you're ready, we're ready to invest in you.
- 10:34And at that point, sounds like you didn't hesitate at all.
- 10:38You knew like this this was looked like the right opportunity.
- 10:42And if you passed up on it, it might not come again for a while.
- 10:45So you
- 10:45That's
- 10:45exactly right.
- 10:47So you made the move, and then what happens next?
- 10:50Well, it was it was kind of funny because like it was one of those situations where
- 10:54like it's super obvious to you.
- 10:57It's super non-obvious to everyone in your family.
- 11:02Like
- 11:03Ha ha ha ~
- 11:05my mom, my dad, my then girlfriend,
- 11:08they were all like
- 11:09Dude, like, I was living in this like nice apartment like by the lake
- 11:12in like downtown Seattle. I had a really good job,
- 11:16like
- 11:17Like in certain way I've like achieved some kind of status,
- 11:22right? and now I was like, yeah,
- 11:24I'm leaving that and I'm just gonna like live in this tiny town in New Jersey,
- 11:28try to like, you know, put together some kind of a,
- 11:31you know, warehouse hardware plus software solution for this like random company,
- 11:36right? And people were like, huh?
- 11:38Why why why would anyone do that?
- 11:40Right? And then but it was funny because to me it was like the most obvious thing
- 11:44to do.
- 11:44Do.
- 11:45Like I've been I've been waiting for an opportunity to like prove I
- 11:49can execute a tech solution end to end myself on my own account,
- 11:55right? but yeah, like I said, my parents are not entrepreneurs like
- 11:58my close friends who all work in tech,
- 12:00they couldn't quite understand.
- 12:01And so
- 12:03So yeah, so I had to at some point I kind of stopped convincing people.
- 12:07But yeah, I send in my notice.
- 12:08I have a very uncomfortable conversation with my then girlfriend and I
- 12:13buy a one-way ticket to from Seattle to you know Newark Liberty Airport
- 12:18and and that was kind of it.
- 12:20Wow.
- 12:21Okay. All right. So you basically like you said,
- 12:24it was obvious to you, like I'm doing this.
- 12:26This is my opportunity. All your friends,
- 12:29family, everyone's like, huh? Like what what do you think it
- 12:32Yeah yeah, no one understood
- 12:33it. No one understood it. Now now that it's kind of working out,
- 12:37people are like, ~ that's why you d makes sense now,
- 12:40right? But back then it was not obvious at all.
- 12:45And
- 12:46how how'd you handle that too,
- 12:48in terms of 'cause they they don't understand,
- 12:50right? And obviously you like you love your family and you want
- 12:53Yeah.
- 12:53their support, but they don't get it at all.
- 12:55And you're just like, Well, this is what I'm doing and that's it,
- 12:58and then you just let them
- 12:59Well it's
- 12:59at that time I lived like 10,000 miles away from all my family.
- 13:03So their sort of hesitations had ~ very little impact on my decision making,
- 13:08long story short. you know, I had a few conversations when I'm like,
- 13:11~ Tomas, are you sure this is the right thing to do?
- 13:14And then after a while, I'm just like,
- 13:16guys, I'm doing it. Like, and then and then it was cool because you know,
- 13:22no one ever visited.
- 13:22Visited me in Seattle. it's so far from Europe.
- 13:25Now I'm in like the suburb of New York City.
- 13:28Dude, everyone wants to visit me all the time because they want to hang
- 13:31out in New York City, right? So a few months after I moved,
- 13:34like my mom visited me, and then she kind of like saw what I'm working on.
- 13:38She saw like the customer that I'm like selling to,
- 13:40like, they're super serious about it too.
- 13:42They're super excited about it too.
- 13:44So like then, and then my dad flew too,
- 13:46and so like now suddenly I'm
- 13:49I'm I'm generating some buy-in with like my family too.
- 13:52But I guess the hard truth is that eventually they they all came on board,
- 13:57but even if they didn't, you know,
- 13:59that I that would really not stop me.
- 14:03Okay. All right. So you have your first your first client that basically enables
- 14:08you to move cross country and start this this consulting company.
- 14:11And then how did you scale out from there?
- 14:14That was the most painful thing I've done,
- 14:16I think, ever. in a lot of I think business books or podcasts about startups,
- 14:22it's all about going zero to one,
- 14:24right? It's like you need to get to zero to one.
- 14:26That's like the hardest. Then one to two is a little bit easier,
- 14:29two to three, dah da, and that's how you scale,
- 14:31right?
- 14:32My experience was a little different than that.
- 14:34~
- 14:35Because in my opinion, I kind of like scored a home run pretty early on.
- 14:40Like, you know, I met this guy,
- 14:42Andrew Hayner. He had everything aligned.
- 14:44The company was big enough that like the budget was there and the scale
- 14:49of the problem was big enough.
- 14:51But it wasn't so big that like a single guy couldn't make a decision on the spot.
- 14:56You know what I mean? there were so many things that just aligned so well.
- 14:58~ so I scored a pretty big home run early on.
- 15:02And so then, you know, I got a little caught.
- 15:04Right, and I thought, alright,
- 15:05cool. So I already solved like zero to one.
- 15:08Now let's go find you know more Andrew Hainers and more Medusas.
- 15:12and in my head I'm thinking, okay,
- 15:13like I have this, you know, this was the deal size,
- 15:16this was the solution. If I can find just maybe 10 more of these,
- 15:19then like it's a great business,
- 15:20and blah blah blah. And what I'm starting to understand.
- 15:25Despite Medusa being like the best deal ever,
- 15:27it's not really an ICP. It's very,
- 15:30it's quite a unique company. It's not a typical 3PL,
- 15:34it's not a typical self-fulfilling brand.
- 15:37It's kind of a mix of both, but like,
- 15:39there's not that many Medusas in America,
- 15:42right? And that took me a while to understand because on a surface level,
- 15:47Medusa looks like a 3PL, right?
- 15:50But it's not. And so I'd be pitching a lot of these 3PLs and treating them like they
- 15:54are a Medusa. But they're not,
- 15:56right?
- 15:57Yeah, it took me like a good year and a half.
- 15:59it feels like thousands of like one on one like sales pitches with like
- 16:03all kinds of people to like realize no actually
- 16:05the pitch needs to change. the deal site goes a little down,
- 16:09but sort of the scope of the solution goes a little down,
- 16:11and then it's sort of like more digestible to them.
- 16:14And also it it
- 16:15Responds more closely to like the core needs of 3PLs.
- 16:19I realize the core need of Medusa and the core need of 3PLs,
- 16:23even though they look very similar,
- 16:24you go to the warehouse and they use the same WMS and what the core need
- 16:28and the core motivation of the two companies is very different,
- 16:31right? And so, some point I decided I'm done chasing Medusas.
- 16:34Like I was lucky with the first one,
- 16:36and now I have to go close 3PLs,
- 16:38and then like I kind of reinvented the company around that,
- 16:41and then once I did that.
- 16:43that like success followed pretty quickly after that because I already
- 16:46had like a network and
- 16:47also the advent of AI, like I suddenly realized I can like serve way more
- 16:52may way more people with way way more sophisticated solutions and charge
- 16:56way less money and still make good money because of AI,
- 17:00right? That was also like sort of like helped helped with that.
- 17:04But it was sort of like a solid solid ICP pivot that
- 17:08Took a while to to execute.
- 17:11Okay.
- 17:11All right. So you're go like you said,
- 17:13you landed this kind of almost unicorn account for you in terms of
- 17:17That's exactly right.
- 17:19Okay. And you were cocky in the beginning thinking,
- 17:22Okay, I'll just find ten more of these and I'm set and then you
- 17:24Yeah, I'm I was like I felt like Elon
- 17:26Musk bro. I was like, wow. It was fun.
- 17:32Okay. All right. And then you quickly realize well,
- 17:35maybe not so quickly too, you realize,
- 17:37this this is not working, right?
- 17:39through a lot of pain and a lot of struggle.
- 17:41So eventually you had to reinvent,
- 17:43you had to pivot and kind of reinvent your service offering.
- 17:46And so I mean, talk about two,
- 17:48because again, right, you're a mathematician by trade,
- 17:51you're working at Amazon. you you have this desire to do something,
- 17:56you feel the USA energy, you got that entrepreneurial bug.
- 18:00You go out on in a limb, you make you make the risk,
- 18:03you do it, and then but now you realize you have to you have to pivot
- 18:08and you have to find more business in a different way.
- 18:11Like and obviously sales for a like a a ~ a startup and it's just
- 18:16you in the beginning and sales is such a critical piece of that and
- 18:20it doesn't sound like you have a sales background at all.
- 18:23Like how did you kind of
- 18:25maneuver through that and just find your way and ultimately start closing
- 18:29all all these ~ additional accounts.
- 18:32I don't have a sales background,
- 18:33that's true. But I've always been like reasonably okay at communicating.
- 18:39Even when I was at Amazon, I was like reasonably good at I wasn't like
- 18:43the super super geeky software engineer.
- 18:45I like a software engineer that was able to like speak the product manager language
- 18:50and I wasn't at a complete disadvantage.
- 18:52I think a lot of let's say my friends in tech,
- 18:55they all want to start venture-backed startups,
- 18:59right? They want to raise money from investors and then go build tech and sell
- 19:05it to like big ticket customers.
- 19:06So that's kind of like the Silicon Valley playbook.
- 19:08And like obviously I wanted to do that too,
- 19:11but I realized
- 19:14I'm not really good at talking to investors,
- 19:15right? the pitch to the investors it's a very particular skill,
- 19:19right? So if I was pitching them Perseus,
- 19:21I'd have to be like, hey, I'm gonna like,
- 19:23you know, close, you know, 10,000 free PLs and I'm gonna charge XM,
- 19:27you you what I mean? They're gonna be like,
- 19:28what is the TAM? What is the total addressable market?
- 19:31Like, how is this gonna be a $10 billion company?
- 19:34And you know, the reality is like most most people.
- 19:38People
- 19:38don't really have a good answer to that because no one really knows,
- 19:40right? When you're starting something with just an idea,
- 19:42you don't really know what the TAM is.
- 19:44But like the job of like, let's say the venture-backed founder is to like sound like
- 19:51you have it all figured out, even when you don't.
- 19:52And like I I don't really have that.
- 19:54I don't really have that. So like when when investors,
- 19:57when potential investors would be like,
- 19:58hey Tomas, so like how big is the addressable market,
- 20:01right? I'd be like, well, actually,
- 20:04to be fully transparent, I don't really know.
- 20:06I think it's I think it's big,
- 20:08but like I have no idea, right?
- 20:09And so
- 20:10So investors don't like that. But this sort of like humble transparency.
- 20:14It's not the way to raise money.
- 20:16But what I did realize is that you know who likes this like weird humble
- 20:20transparency? Potential customers,
- 20:23right? when people are like, Can you do that?
- 20:25Can you do that? Can you do that?
- 20:26I can do this and I can do this,
- 20:28but I probably
- 20:29Can't do this and like I can maybe do do this,
- 20:32but it's gonna be like hard and expensive.
- 20:34Like I found this sort of like upfront transparency,
- 20:37and like you willingly like almost throwing objections in front
- 20:43of yourself as you're like making the pitch.
- 20:45A certain set of customers like really appreciates that and like really sort
- 20:51of like a breath of fresh air for them because they're used to like sales guys being
- 20:55like, Yes, we can do it, we can do it,
- 20:56we can do it, we can do it. Right.
- 20:58~ so
- 20:59That's something I've discovered ~ pretty early on that this is kind
- 21:04of this this sort of like natural trait of mine,
- 21:06weird transparency about my weaknesses,
- 21:08appeals to certain set of customers.
- 21:09but then my main struggle was even though I was like decent at sales,
- 21:15my big realization was like
- 21:17you can't sell if you don't have anyone to sell to,
- 21:19right? It kind of starts at the top of the funnel,
- 21:21right? before you can do your pitch,
- 21:23you need to get people on the call and you need to get them in a certain mindset,
- 21:27right? That like you're actually someone worth listening to.
- 21:30And this whole like, you know,
- 21:33how do you build the audience?
- 21:34How do you build some kind of a brand?
- 21:36You know, the the word brand,
- 21:38I knew what the word brand meant,
- 21:40theoretically, but I actually like didn't really know how it like drove decisions,
- 21:46like buying decisions. And then for the first time,
- 21:48I'm like, okay, why is it that like when I say something,
- 21:52no one cares? And when like, you know,
- 21:55this like YouTube influencer says the exact same thing,
- 21:58everyone's like, my god, he's a genius,
- 22:00da-da-da. And the and then suddenly I'm like,
- 22:02that guy has a personal brand.
- 22:04I need to be like
- 22:05that guy and then suddenly people are gonna listen and they're potentially gonna
- 22:09buy and and yeah that was very new and this this was all very new to me
- 22:13and this was all very much like I learned that on the job and then yeah eventually
- 22:18I realized if I just write stuff on LinkedIn
- 22:20People will find me and reach out to me and and like view me with like authority
- 22:25and and yeah. that's kind of like the main sales strategy of Perseus
- 22:29to this day that was discovered pretty pretty accidentally.
- 23:13Okay. All right. So through this process too,
- 23:16like you're saying, like before you can sell,
- 23:19you have to have people to sell to.
- 23:20So understanding how do you market and how do you get inbound leads
- 23:27and how do you build out like a an audience of people to pitch to.
- 23:31So you you discovered the necessity of personal branding and you started doing that
- 23:35on LinkedIn.
- 23:36and then as you said too, you're not you don't have a sales background,
- 23:39but you understood kind of what
- 23:42the differences between what investors are looking to hear and that's
- 23:45not your style, but then this weird,
- 23:48humble transparency as you call it,
- 23:50where you're just being open and honest,
- 23:51like I can do this, I can't do that.
- 23:53This is probably not a good idea,
- 23:55but we could do this and that.
- 23:57You just found that that that's refreshing to small business owners where they just
- 24:01want someone that's going to be straight with them and appreciate
- 24:05~ appreciate that upfront honesty.
- 24:07So that combination of
- 24:09doing the LinkedIn marketing and in your humble transparency,
- 24:12that allowed you to basically scale and get more and more 3PL clients
- 24:16for your your consulting work.
- 24:18That's exactly right. And that was
- 24:20Okay.
- 24:21very learned on the job in those sort of like one and a half,
- 24:25you know, wilderness years.
- 24:26All right. And on that journey,
- 24:28right? like you said, w a wilderness is a great exam analogy
- 24:32to being an entrepreneur in terms of wandering in the
- 24:34my god.
- 24:34in the wilderness. Like through that whole journey and through this pain
- 24:38of having to figure all this stuff out,
- 24:40was there ever a point in time where you thought about giving up?
- 24:47Okay. All right. And so, right,
- 24:49because you left a very, you know,
- 24:51cushy job. Every everyone thought you were you like,
- 24:54what are you doing? Right. And then as you're on this journey,
- 24:57you're out in the wilderness, so to speak,
- 24:59and having to figure this out painfully to try to how to make this all work.
- 25:03~ what what kept you going?
- 25:05part of me is like I'm just stubborn.
- 25:07part of me is like
- 25:09I don't like easily give up. I like to think my athletic background
- 25:13had something to do with it. like I did I did gymnastics pretty seriously when
- 25:19I was a teenager and like
- 25:21I I personally think it's it's like the best thing children can do,
- 25:25but like I think sports in general are just great,
- 25:27just because like sports teach you this like amazing lesson of like
- 25:33you try something, it doesn't work,
- 25:35and you try it again and it still doesn't work,
- 25:38and then you try it 150 times and then it improves a little bit,
- 25:42right? And then and then you try again and again and again.
- 25:45And especially gymnastics has this like is like so well known for it.
- 25:49It's like because these tricks they take years.
- 25:52Of repetition, of falling, so it like creates this like weird like resilience where
- 25:58like you just try again. It's like it didn't work out again,
- 26:01let's try again. So I like to think this helps,
- 26:05and I think that definitely did,
- 26:06but also I was just a little lucky.
- 26:10I think I've had like two
- 26:13too serious sort of crises and they were mainly
- 26:18less like business crises and more like mental crises where it was just like almost
- 26:22exactly a year ago. Like I think I'm doing pretty well.
- 26:25I have I have Medusa and I have like a few other contracts now,
- 26:29smaller contracts and I'm slowly trying to figure out how
- 26:34to build this company and I've hired some team and then a couple of things happened.
- 26:38Like some of my team members don't really work out.
- 26:42So I need to like I need to make my already small team even smaller.
- 26:47Because like two of the people that I had were just like not not really working out.
- 26:51So that was one painful thing.
- 26:52And then in parallel, there's this like company that's like,
- 26:57hey Tomas, we're gonna buy you,
- 26:59right? and then I get like super low ball,
- 27:01right? And so then that completely like gets into my head where I'm just like
- 27:05I'm just going through this wilderness,
- 27:07just like hustling, just trying to build something.
- 27:10And I think I'm building like value.
- 27:12And then and then when someone like actually tries to like
- 27:16Price that value. It's like it's like so little.
- 27:20It's like even so little just compared to like the opportunity cost that
- 27:24I had in Amazon. And I was just like,
- 27:26my god, like what have I done?
- 27:30Like this doesn't even the math doesn't math.
- 27:32Why am I like working so so so so much for so so so so so little?
- 27:37so I that was when I was like the closest to like just like calling
- 27:42my boss at Amazon back saying like hey can I get my job back?
- 27:45Yeah.
- 27:45But ~ luckily,
- 27:47luckily, and it and this happens pretty much every time I've been in such
- 27:51a weird crisis.
- 27:52Because it was like Q4-ish. So I was like,
- 27:55let me get back to Q one and make that decision in Q one.
- 27:58Let me survive to Q one and then like I'll I'll make a new decision at Q one.
- 28:02And somehow I make to Q one and like people are calling me,
- 28:07hey Tomas, can we re-revisit? You know,
- 28:09the old leads are calling me, hey Tomas,
- 28:11can we revisit the project? You know,
- 28:14a bunch of new referrals start coming in,
- 28:17and I'm like
- 28:19maybe it's not that bad. Maybe I'm you know,
- 28:21maybe I was overthinking it
- 28:23I think it's a combination of like a little bit of grit and just like just like keep
- 28:27going. Because like, yeah, my favorite sort of like business author,
- 28:31he he keeps saying like as you go through life and business,
- 28:34you're just gonna get you're gonna get good luck and bad luck.
- 28:37So it's all about like just staying alive long enough that like the good luck finds
- 28:42you and like so far it's been it's been it's been working out.
- 28:46~ yeah, ju just don't die, right?
- 28:49Just don't die
- 28:50exactly, Jim Collins.
- 28:53Yes. All right. So so you make it through that Q four,
- 28:57Q one, all this stuff starts happening and you say you realize that it's just
- 29:01n you know, it's not that bad.
- 29:02Maybe you're overreacting and you you press on.
- 29:05So what's Perseus look like today?
- 29:08So Perseus looks it's kind of a hybrid between ~ a software consulting company
- 29:14and like a product company. we specialize in very niche tech for
- 29:21warehouses, right? And whether you're a 3PL or a self-fulfilling brand or you know,
- 29:25if you have if you have warehouses and you move stuff around with like,
- 29:28you know, parcels, palettes, you pick and pack stuff onto parcels
- 29:32or pallets or whatever, like we have some solutions for you,
- 29:36right? Especially if it's like direct to consumer e-commerce,
- 29:40right? We definitely have solutions for you.
- 29:41So we have some we have a portfolio of ~ out of box solutions like
- 29:47you know this cartonization algorithm,
- 29:50right? Like if you
- 29:51you know if you have a if you're a 3PL and you have a WMS and like
- 29:54you constant you know your WMS is like predicting a box to use to put items
- 29:58in and the WMS keeps like messing it up because the items are like oddly shaped
- 30:03and the a WMS can't compute it correctly or whatever.
- 30:06Or you have some weird like rules that like this item needs to be squished this
- 30:10way and whatever we have an algorithm for that specifically for that that's like
- 30:15very fast and very optimized for for these kind of problems.
- 30:19So that's where we started that's what
- 30:20Medusa originally wanted they had a very complicated sort of way they pick
- 30:26and pack items, and and so we've we built an algorithm for that,
- 30:29and then we realized in a certain sort of packaged form and cheaper form
- 30:34we can distribute it to other 3PLs.
- 30:35So that's the cartonization API.
- 30:38Then we also have this tool called dates and rates,
- 30:41which is specifically for 3PLs that serve direct-to-consumer Shopify brands.
- 30:47You you can think of
- 30:48bit like you know amazon prime but for you know but for Shopify you take in your
- 30:54~ 3 pl data your operational SL like opening hours your cutoffs your your
- 30:59WMS inventory levels and your carrier contracts and you install it
- 31:04on your brand's Shopify and then
- 31:06Whenever a customer of the brand is on the checkout,
- 31:09that checkout request isn't served by Shopify anymore.
- 31:13Instead, that request gets sent to us and we rate it against
- 31:18the 3PL configuration and the 3PL,
- 31:21you know, easy post and UPS and USPS,
- 31:23whatever the 3PL has negotiated,
- 31:26and whatever the whatever pickups and whatever the 3PL has with that carrier.
- 31:31And we give like a super accurate delivery estimate to the checkout,
- 31:35right? So the customer can be.
- 31:36be
- 31:36like okay free shipping five business days but like if you want like FedEx
- 31:41two day you can have it in two business days for like extra 15 bucks right
- 31:45and then our job is to make sure that whatever they choose that label
- 31:49It's printed, on the back end.
- 31:50And so that's our second sort of out of out-of-box solution.
- 31:54Then third out-of-box solution is like for whatever reason,
- 31:57you need like an alternative carrier,
- 31:59and like your WMS doesn't have it,
- 32:02like we can print our labels, you know.
- 32:04this sort of like ship outside system functionality for alternative carriers
- 32:08or just like carriers that are not supported in your WMS,
- 32:10we can print your labels for that,
- 32:12And then finally we sell consulting We always
- 32:15Come up with some kind of a you know very low cost like software solution that's
- 32:20sort of like amortized to a reasonable monthly fee.
- 32:23But it's like, what's your random problem that you have with your WMS
- 32:26or TMS or Shopify or whatever?
- 32:28Okay, can we build some API connections,
- 32:31maybe some AI that like responds to some very specific thing that you need
- 32:36and no one else needs? And we just build it.
- 32:39And you know, generally we say yes to customers,
- 32:41especially today with AI, it's very easy to say yes to all.
- 32:44kinds of weird requests and yeah we've we we've accumulated a portfolio
- 32:50of like I don't know 20 3PLs that work with us in some capacity across
- 32:53the US we have a few in Europe too and it's been it's been a solid journey
- 32:59so far feeling feeling feeling pretty blessed.
- 33:02Okay.
- 33:02All right. And Tomas, when you look back at your whole journey from starting
- 33:05in Czech Republic, the math degree,
- 33:08the Amazon experience, making the leap,
- 33:11starting your own company, wandering through the wilderness,
- 33:14so to speak, and and going through that pain and then seeing where you're
- 33:18at right here, and and scaling the way you have,
- 33:22like what what's been the the best part of this whole journey for you?
- 33:25My journey, I think, has been pretty pleasant,
- 33:28I would say. I mean, there's been a lot of pain,
- 33:30but overall, like it's been it's been generally enjoyable.
- 33:33I really like now that I'm a business owner and especially that
- 33:40I'm like a bootstrap business owner,
- 33:42right? Like I I have no investors,
- 33:44I have no outside capital, outside parties like asking me how I'm doing,
- 33:48right?
- 33:48There's a lot of freedom and it's a lot of like
- 33:51I get to choose who I work with.
- 33:53~ and especially early on,
- 33:56I would work with anyone, but but today I think.
- 33:59it's such a privilege like being able to like you know,
- 34:03because a lot of the three PLs that I work with are just like friends that I've
- 34:06known from before, right? And now I get to like have like
- 34:10a business relationship with them and it's super fun.
- 34:14You know, it's just like dudes that are like,
- 34:16you know, similar ages me, similar stories,
- 34:18cool stories, right? And now we're all just like running our
- 34:21own businesses and working together and it's all very sort of
- 34:24consensual and everyone's just like,
- 34:26you know, everyone's just happy to be here and like do cool stuff
- 34:28for the customer. ~ yeah, that's super fun.
- 34:32I really really enjoyed that. That was like sort of like the one thing
- 34:34I missed at Amazon. I enjoyed working at Amazon,
- 34:37but the not really having the say on like the roadmap and like where things
- 34:42are going. even though we were working on like super cool stuff and we had
- 34:45a lot of impact, you know, I'd I'd make a algorithm change that like suddenly like
- 34:50impacted hundreds of millions of users,
- 34:52right? That was super cool.
- 34:53cool but like I didn't really decide what that change would was right
- 34:57I didn't really decide the roadmap whereas now you know my impact is at this point
- 35:04a little bit lower but like I get to make all the decisions
- 35:08and that's super liberating. I really enjoyed that
- 35:11Okay.
- 35:12All right. And Tomas, if people want to find out more about your services,
- 35:15~ and potentially ~ get in touch about business,
- 35:19how how can people find you online?
- 35:21Best is LinkedIn, so LinkedIn slash I-N slash T-O-M-A-S-Y-E.
- 35:28And you can also visit our website www.getp
- 35:34e r-se-us.com
- 35:38Okay. All right. And we will link all that in the show notes for everyone.
- 35:41All right. Thom
- 35:42Awesome. Thank thank you so much.
- 35:44Yeah, Tomas, thank you so much for taking the time to be here and sharing
- 35:47all this incredible wisdom from your journey with our listeners.
- 35:50We greatly appreciate it.
- 35:52Appreciate you, Dave. Thanks for having me.
- 35:54All right.