Travis Makes Money

899: Alex Neist | The Entreprenurial Drive That Created Hostage Tape


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Alex Neist (@alexneist), an ex-Arena Football League quarterback and coach, transitioned from sports to entrepreneurship as the founder and CEO of Hostage Tape, a company focused on improving sleep quality. His journey in business was inspired by his parents' encouragement, the principles of Stoicism, and key insights from authors like Chris Voss and Robert Cialdini. Neist values emotional intelligence, effective communication, and the art of negotiation in both his personal and professional life. Under his leadership, Hostage Tape emphasizes the importance of detail in product development and marketing, learning from early challenges in manufacturing and advertising. Neist believes in giving his team autonomy and continuously seeks to improve through lessons learned from books like Voss's "Never Split the Difference." 
His approach to building a strong network involves creating desirable products and reaching out to influential individuals. Neist trusts his instincts for business pivots and stays motivated by viewing challenges as opportunities for growth.
What Alex and Travis discussed:
Mouth breathing can significantly impact sleep quality and health. Alex went down a "rabbit hole" researching ways to address his snoring and poor sleep, eventually discovering mouth taping. This simple technique helped transform his sleep and energy levels.
Building a successful business takes time and perseverance. Alex spent 16 years building his first company through constant failures and learning. This grit prepared him for the meteoric growth of his newest venture. Success is rarely overnight.
Surrounding yourself with people on the path you want to be on is crucial. Alex 
stresses finding mentors and examples that exemplify your vision and values rather than listening to naysayers without relevant experience. We become like those we surround ourselves with.
Delegating tasks and responsibilities is key as a business scales. As Alex's company grew quickly, he focused on letting go of control by empowering his team to take on more. Learning to delegate instead of doing everything yourself is vital.
Small problems can snowball into relationship breakdowns if not addressed. Something as simple as loud snoring compounded over the years for Alex, driving his wife out of their bedroom. This was a catalyst leading to their separation and divorce. We must proactively work on the small issues.
This was a wide-ranging, vulnerable conversation with much to learn. Be sure to listen to the full Travis Makes Friends podcast episode with Alex Neist to hear the context behind these insights.
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Travis Makes MoneyBy Travis Chappell

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