Wall Street Oasis
Wall Street Oasis
Nov 26, 2020
E138: PE as an Independent Sponsor to M&A Advisor
Play • 44 min

In this episode, Elliott shares his winding path from majoring in Mechanical Engineering to breaking into management consulting at Accenture. Learn why he decided to go to Harvard Business School to break into private equity but made one important pivot before enrolling. Listen to how he hustled during school to make his dream a reality and why he ended up pivoting after a year to work in Sales and Strategy at Work Day. 

There are some very important lessons in this episode about independent sponsors as a model to get into private equity, so pay attention and learn why he eventually ended up setting up his own M&A advisory diligence business.

Behavioral Grooves Podcast
Behavioral Grooves Podcast
Kurt Nelson, PhD and Tim Houlihan
How Chaning Jang Works Around Not Being WEIRD
Chaning Jang is the CSO of the Busara Center for Behavioral Economics and has helped lead the organization since 2013. He is responsible for strategy, and a portfolio of projects, primarily focused on research. Prior to joining Busara, Chaning worked as an English teacher in the Czech Republic and an equities trader in Los Angeles. Chaning completed a Postdoc at Princeton University in Psychology and Public Affairs, holds a PhD in Economics from the University of Hawai'i with specialization in Behavioral Economics and Development, and a bachelor's in Managerial Economics from the University of California, Davis. He is also a CFA level II holder. We spoke to Chaning one night (for him) from his office in Nairobi, Kenya and we focused our discussion on context and how so much of psychological research has been focused in WEIRD countries (Western, Educated, Industrialized, Rich, and Democratic). Because of this focus and how behavior can be linked to cultural and social norms, countries that are not WEIRD are often unable to successfully apply the research that was executed in WEIRD cultures. Chaning is trying to change that. The work that the Busara Center is doing is important on many levels, the most significant is trying to eliminate poverty at the heart of where it is the worst on earth: Africa. Chaning’s work is fascinating, his ideas sparkle with intensity, and his comments are inspiring. We hope you enjoy our conversation with Chaning Jang. We are grateful to Allison Zelkowitz from Save the Children for connecting us. Links Chaning Jang, PhD: https://www.busaracenter.org/staff-bios?tag=Chaning%20Jang Busara Center for Behavioral Economics: https://www.busaracenter.org/ Dan Ariely, PhD: https://danariely.com/ WEIRD: https://www2.psych.ubc.ca/~henrich/pdfs/WeirdPeople.pdf Johannes Haushofer, PhD: https://www.tedmed.com/speakers/show?id=621210 Kahneman & Tversky: https://en.wikipedia.org/wiki/Daniel_Kahneman The Linda Problem (Conjunction Fallacy): https://en.wikipedia.org/wiki/Conjunction_fallacy Jeremy Shapiro, PhD: https://www.poverty-action.org/people/jeremy-shapiro Economic and psychological effects of health insurance and cash transfers: Evidence from a randomized experiment in Kenya: https://www.sciencedirect.com/science/article/abs/pii/S0304387818310289 Trier Social Stress Test: https://en.wikipedia.org/wiki/Trier_social_stress_test Cold Pressor Test: https://en.wikipedia.org/wiki/Cold_pressor_test Kevin Parker: https://en.wikipedia.org/wiki/Kevin_Parker_(musician) Poverty Decreases IQ: https://scholar.harvard.edu/files/sendhil/files/976.full_.pdf Musical Links Tame Impala (Australian psych-rock): https://www.youtube.com/watch?v=C24hUt18RWY John Lennon “Instant Karma”: https://www.youtube.com/watch?v=bfBPbFEel5k Daft Punk with Pharrell Williams “Get Lucky”: https://www.youtube.com/watch?v=XkeIwhKIi84 Fleetwood Mac “The Chain”: https://www.youtube.com/watch?v=O6P2_i0Y6ms Joji “Your Man”: https://www.youtube.com/watch?v=RrtkU7i0qD8 Fleet Foxes “Can I Believe You”: https://www.youtube.com/watch?v=L2E2DpWO3-Y Freddie Mercury “I’m The Great Pretender”: https://www.youtube.com/watch?v=mLRjFWDGs1g © 2021 Behavioral Grooves
1 hr 15 min
Everything About Hydrogen
Everything About Hydrogen
EAH Media
Digging into the mining industry - Jan Klawitter of Anglo American
Anglo American is the world's largest platinum mining company. Their core mining operations produce copper, diamonds and platinum group metals, as well as iron ore, coal, polyhalite, and nickel and manganese. These minerals are essential inputs for a staggering variety of products today, and demand for them is continuing to grow. Anglo American (and the mining industry in general) is therefore confronting the monumental challenge of how to continue to meet increasing demand for metals and minerals while simultaneously reducing carbon emissions. In the case of Anglo American, the company has committed to making its operations carbon neutral by 2040. On this episode of Everything About Hydrogen, Jan Klawitter, Head of International Policy for Anglo American, speaks with Andrew, Chris, and Patrick about Anglo American's strategy for decarbonizing its mining operations and how they plan to use hydrogen and fuel cell technologies as a key part of their approach. Links: Anglo American website: https://www.angloamerican.com/ Anglo American sustainability page: https://www.angloamerican.com/sustainability/our-sustainable-mining-plan CSIRO "Moving to Hydrogen" article: https://www.csiro.au/en/Research/MRF/Areas/Resourceful-magazine/Issue-21/Moving-to-hydrogen Hatch press release re: Green Hydrogen Consortium: https://www.hatch.com/en/About-Us/News-And-Media/2020/03/Industry-comes-together-to-form-Green-Hydrogen-Consortium GTM article re decarbonization of mining operations: https://www.greentechmedia.com/articles/read/mining-giants-embrace-renewables-but-decarbonization-remains-a-steep-climb Events: inspiratia will be hosting the "Hydrogen Decade" virtual event on Feb 17, 2021. EAH hosts will be in attendance and we will be recording a segment for the podcast during the event. For updates and more information about the Hydrogen Decade virtual event, visit: https://www.inspiratia.com/welcome/events Tickets are free for inspiratia subscribers, but non-subscriber tickets are also available. If you or your company are interested in attending the Hydrogen Decade virtual event, or if you are interested in potential speaking and/or sponsorship opportunities, drop the inspiratia team an email at conferences@inspiratia.com
1 hr
Disruptors
Disruptors
RBC Thought Leadership, John Stackhouse
The Business of Benevolence: How Technology is Changing Charitable Giving in Canada
It’s something that’s always been a part of the Canadian identity, but has taken on a new urgency over the past twelve months: our tendency to support charities, non-profits, and community organizations. In 2018, Canada’s charitable sector was the second largest on the planet, and we also had one of the highest rates of volunteerism in the world, trailing only the United States, New Zealand, and Norway. Then came the COVID-19 pandemic. On this episode of _Disruptors_, an RBC Podcast, host John Stackhouse is joined by Kelly Schmitt, the incoming CEO of Benevity, in her first major interview since being announced as the next head of the Calgary-based company that’s trying to “infuse a culture of goodness into the world”. Together, John and Kelly dig into the challenges charities have been facing — both before and during the pandemic — and how the digital pivots many groups had to pull off almost overnight could signal a fundamental change to the way organizations raise funds in the future. This podcast also features appearances from Todd Minerson, Country Director, Canada, at Movember, Eric Windeler, the Founder and Executive Director of Jack.org, and Luc Hartwick, the Rocketman Team Lead at RBC Ventures. Together, they challenge some of the conventional wisdom about the way charities do their important work, and provide invaluable insight into how nonprofits must evolve their operations and their thinking to thrive in the years ahead. Notes: You can click the following links to learn more about Benevity and its journey to ‘unicorn’ status. For details on the charities featured in this episode and the work they’re doing in our communities, visit Movember.com and Jack.org. For more on how RBC Ventures partners with entrepreneurs and industry leaders to create products and services that go beyond banking, visit RBCVentures.ca. In this podcast, John also refers to a previous _Disruptors _episode about gaming and esports, featuring a segment on the Princess Margaret Cancer Foundation, which you can find HERE.
36 min
Vertical Farming Podcast
Vertical Farming Podcast
Harry Duran
S2E21: s2e21 Ed Harwood - Aeroponics, SOPs & Serendipity
Episode Summary Join Harry Duran, host of Vertical Farming Podcast, as he welcomes to the show Chief Science Officer (CSO) of AeroFarms, Ed Harwood. It is the mission of AeroFarms to grow the best plants possible for the betterment of humanity. With over forty years of agricultural and engineering experience, Ed founded GreatVeggies before transitioning to AeroFarms. In this episode, Harry and Ed share a discussion on the difference between hydroponics and aeroponics, the merits and disadvantages of both and Ed’s never-ending quest to change the world for the better through education, technology and science.  Episode Sponsor Ceres Greenhouse Solutions Key Takeaways 03:22 – Harry welcomes to the show Ed Harwood, who shares new hobbies he’s picked up during the pandemic, the benefits of living in Ithaca, NY and his affinity for poker and reading 11:44 – What sparked Ed’s interest in biology, agriculture and AgTech 17:08 – Ed shares lessons he learned from founding his own company, GreatVeggies, and the path that led him to AeroFarms 30:40 – The importance of having Standard Operating Procedures (SOPs) in place and obstacles Ed encountered as he transitioned into the role of CSO of AeroFarms 34:15 – Ed expounds on the difference between aeroponics and hydroponics and the pros and cons to both 36:31 – Advances in aeroponics technology that Ed has witnessed throughout the years 38:49 – Ed speaks to the importance AeroFarms places on taste 43:08 – The work Ed is doing with schools in New York and New Jersey to combat food deserts and improve access to food 49:51 – Ed speaks to AeroFarms’ involvement with the Lettuce Project initiative 51:39 – What excites Ed most about the future of aeroponics, a tough question Ed has had to ask himself recently, and what he thinks of being compared to the Wright Brothers 56:22 – Harry thanks Ed for joining the show and let’s listeners know where they can learn more about AeroFarms  Tweetable Quotes “Serendipity – if you’re ready for it – will really help you out. If you’re persistently curious, curiosity c an really take you a long way. So, if you want to start a new business, stay curious and be ready for serendipity.”(19:14) “The whole idea here is to do something consistently so that the customer gets the same product over, and over, and over again no matter what time of the year.”(31:06) “Hydroponics is work with water. So, as opposed to growing in soil, you now move to soilless culture. And I think of it as being broken up into three different parts. In all cases, if you don’t have sufficient oxygen with the water, the plants will die.”(34:32) “If you understand what the spectral needs of the plant are to give you the chemistry that you want, then you can manipulate the plants to become little factories of stuff that is valuable.”(37:50) “Taste is everything. It’s the reason the customer comes back. If you can impress a person’s pallet, they’ll keep coming to find you.”(39:07) “You can’t count on what you learned in high school to get you through the next sixty years of employment. It’s just not gonna happen.”(53:09) Links Mentioned AeroFarms Website Ed’s LinkedIn Learn More About The Lettuce Project 🎙️🎙️🎙️ Podcast Production and Marketing by FullCast: https://bit.ly/3sxZ34y See omnystudio.com/listener for privacy information.
58 min
Economics Explained
Economics Explained
Economics Explained
The "Perfect" Little Economy of New Zealand
This is new Zealand, a picturesque nation whos economy looks to exclusively rely on throwing their tourists off cliffs in increasingly imaginative ways and being left off of world maps. But Australia’s little brother is so much more than that and it might truely be the world’s best managed economy. Everything from the world banks ease of doing business index, from multiple quality of life assessments puts new zealand in the top spot. Move aside Norway. What’s more is that it has achieved this remarkable prosperity despite not having a huge supply of natural resources, or acting as some tax haven for global businesses like so many other apparent economic miracles we have explored before. No New Zealand has got to where it is today by carefully managing a market economy and providing a safe, stable and confidence inspiring place to start a family, a business, and a career. Of course there are still some problems and we will certainly get to them but after exploring the Economy of Argentina last week, it’s now time to get out your pen and paper and take notes on how to actually run an economy. And to do this as always we are going to break the economy into some important categories. What are the primary drivers of New Zealand's economic prosperity? How has the nation been able to accommodate these where other nations fail to do so? And what are the challenges the nation might face to keep this success going? Once thats all done we can then put New zealand on the economics explained national leaderboard.
18 min
Marketing Today with Alan Hart
Marketing Today with Alan Hart
Alan B. Hart
Hispanic Business at PepsiCo with Esperanza Teasdale
On this 243rd episode of "Marketing Today," host Alan Hart speaks with Esperanza Teasdale, vice president and general manager of the Hispanic Business Unit for Pepsico Beverages North America. Teasdale is responsible for the overall strategy, engagement, and sales for a Hispanic business unit that brings in over $2 billion per year. We start our conversation with Teasdale's experience from growing up with two parents that had both immigrated to the US from Ecuador in search of a better life. Since they both had demanding blue-collar jobs, Teasdale "grew up as a latch key kid," taking herself to and from school as a child, essentially responsible for herself. Teasdale then discusses her engineering education, spending time in manufacturing environments after graduation until attaining her MBA and ultimately moving onto sales. Once Teasdale realized that the sales sector wasn't for her, she moved to marketing. We then dive into the Hispanic business unit and the "untapped potential" that led to its creation. Now and into the future, Teasdale and her team are focused on multicultural marketing, as "everything we do should be multicultural because that is the fabric of our country." Teasdale takes us through the helping hands she received throughout her career as a result of her willingness to be vulnerable. "You don't have to wait for someone to ask you to take a seat; you can take it yourself." Lastly, we discuss the opportunity that marketers have today to think differently about their previously rejected ideas because "the world today is different than it was before!"   Highlights from this week's "Marketing Today": As the daughter of immigrants, Esperanza greatly appreciates the sacrifices that her parents made to have a better life. 1:37 Esperanza's parents came from the hot ecosystem of Ecuador to the cold winter in the US. 2:30 Equality is something that everyone is trying to achieve in today's world, especially with all that has gone on this year. 3:22 There were times when Esperanza's parents were injured or sick, and no money came in the door. 3:54 After studying engineering in her undergrad in college, Esperanza spent quite a bit of time in a manufacturing environment. 6:58 Esperanza's company paid for her MBA, after which she had her choice of path, ultimately choosing marketing. 7:48 The Hispanic Business Unit at PepsiCo was created to tap into the previously untapped Hispanic sector. 10:36 Multicultural marketing has gone through a revolution that parallels the makeup of our country. 12:29 There is no one-size-fits-all in the melting pot that is the US, even within each culture. 13:13 P&G has shown to be a champion of diversity and inclusion by driving cultural relevance through its advertising. 16:03 Heading into the future, we need to be more culturally relevant, and the Hispanic Unit is an example of what the marketing industry should look like. 19:10 The chaos and uncertainty of 2020 caused PepsiCo to pause during the initial breakout of COVID. 22:10 Esperanza and her team made sure to study the effects of COVID on the habits of Hispanic consumers. 22:50 The Hispanic population has shown resilience in its journey to get to the US and this helped maintain optimism in the face of chaos. 24:37 To promote passionate multicultural youth's ability to vote, PepsiCo launched its Unmute Your Voice Campaign. 26:12 Esperanza's team is focused on leaning into the communities that need the most help as it enters 2021. 28:06 2020 has shown Americans to be empathetic, looking for ways to help however they can. 29:30 PepsiCo finds itself in so many households in the US that the decision to make a bold message brings a lot of risk. 32:41 Esperanza takes responsibility in her role as a Latina executive to bring others along to change their paths for the better. 35:06 The ability to show up, take action without someone asking, and put yourself out there will bring the greatest rewards. 38:30 Throughout her career, Esperanza has received advice and help from high-level executives to be successful. 39:15 The experience of losing both of her parents, while devastating, taught Esperanza a lot about herself and her family history. 42:10 Esperanza feels a responsibility to be empathetic to the motivations behind the actions of the people around her. 44:15 Looking back, Esperanza would encourage herself to take the offered hands of anyone that had done her wrong. 46:01 The Mastercard Initiative created a card that allowed anyone that is transgender to have their true identity on the card. 48:35 For those marketers with a fixed mindset, current times offer the opportunity to think about things differently. 50:52   Resources Mentioned: Ecuador Latchkey kid P&G's Marc Pritchard Marc Pritchard's work to drive diversity (Adweek) Marc Pritchard from P&G on Marketing Today Pepsi Unmute Your Voice Campaign Scott Finlow from PepsiCo on Marketing Today Growth mindset Orange Theory Arm Band Mastercard Card for LBTQIA+   Subscribe to the podcast: Listen in iTunes (link: http://apple.co/2dbdAhV) Listen in Google Podcasts (link: http://bit.ly/2Rc2kVa) Listen in Spotify (Link: http://spoti.fi/2mCUGnC ) Connect with the Guest: https://www.linkedin.com/in/esperanza-teasdale-a867225/ https://twitter.com/espyt https://twitter.com/PepsiCo Connect with Marketing Today and Alan Hart: http://twitter.com/abhart https://www.linkedin.com/in/alanhart http://twitter.com/themktgtoday https://www.facebook.com/themktgtoday/ https://www.linkedin.com/company/marketing-today-with-alan-hart/   Support the show: https://www.patreon.com/marketingtoday See omnystudio.com/listener for privacy information.
54 min
More episodes
Search
Clear search
Close search
Google apps
Main menu