『#277: Down Dating – Part 1 – Created, Sold and Bought Back Again』のカバーアート

#277: Down Dating – Part 1 – Created, Sold and Bought Back Again

#277: Down Dating – Part 1 – Created, Sold and Bought Back Again

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Colin Hodge created a dating app the took off and got a lot of attention. He just did expect to buy it back after he sold it. Dave Young: Welcome to The Empire Builders Podcast, teaching business owners the not so secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I’m Stephen’s sidekick and business partner, Dave Young. Before we get into today’s episode, a word from our sponsor, which is, well, it’s us, but we’re highlighting ads we’ve written and produced for our clients. So here’s one of those. [Travis Crawford HVAC Ad] Stephen Semple: Hey, it’s Stephen Semple here and I have with us, we’ve given Dave Young a bit of a break, and I have with us Colin Hodge, who is the founder of… It’s such an interesting story. So he’s a founder of a dating app. We’re going to talk a little bit more about that dating app. He grew it, sold it, bought it back. Again, one of those really crazy stories. And I actually remember, we talked quite a while ago and I remember that we squeezed in this call, literally, I was traveling into downtown Toronto and I pulled off off the road at one spot to do this telephone call. And it was literally one of those ones where I think three or four minutes into the call, I was like, “Oh, this is such a good story. We have to talk about this.” And Colin, you’re also a bestselling author, so you’ve got a book out. Let’s explore what happened because it’s, again, one of those build it, sell it, buy it back stories, which I always love. Colin Hodge: I’m so happy to hear that, Stephen. Thank you for having me, and I hope your listeners enjoy it as much as you did in our initial call. It was an absolutely crazy journey starting this company, getting international attention, what felt like overnight and being on the front of every webpage, getting on national TV in the US, and then eventually selling the company and buying it back. So I’m happy to walk through all that stuff and hopefully there’s some good lessons in here for other builders out there. Stephen Semple: I’m sure there will be. So tell me about the starting of the dating app, how you got this started and what was the inspiration for starting that? That’s not something that everybody wakes up in the morning going, “I’m going to do a dating app.” Colin Hodge: Like most founders, I had the problem myself first and I went on a few bad dates and one was just incredibly insufferably bad. I won’t go into that, but suffice it to say that it endangered my physical health. Let’s just put it that way. Stephen Semple: Wow. Colin Hodge: After that, I knew I could do better, right? I knew I could do better. I was always very curious about sociology and psychology. Why are we attracted to the people we are? How do dating rules work? How do you learn how to date? How do you even make friends? All these things about social dynamics that I was curious from a young age. I really, during my early 20s, started to look into it more. And then by my mid to late 20s and I had these dating issues, it all came together and it became clear to me, this is what I should start. I should try this because I could tell you right that back then, nothing else, nobody else was doing a good job at it. So I figured why not me? Why can’t I do better? Stephen Semple: And the dating app that you built again was called…? Colin Hodge: So my first one, and it completely failed the first one that I made, I called it Heard About You. And the idea was I thought, okay, one of the best ways to meet people is if you have a mutual friend in common, so you have some shared interest potentially, you have people you can vet them with. And while that might work as a way to meet people, it was not a motivating enough factor for all the parties that you need to be involved. And so I pretty quickly, within about a year, year and a half, figured out that model wasn’t going to work. And what I realized, frankly, during a very drunken night when I was confessing and just blurting out all my fears about my startup failing and all that stuff, was that the key element that everybody was dancing around in the ...
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