Why You Need to Forget Your "Mistakes" and Focus on Your Next Thing
- 45m
- Transcript
Summary
Written by a model from the transcript; not yet reviewed.
The host sits down with Ryan Chen, founder and CEO of the platform Crowd, to discuss a new paradigm in marketing and business development that leverages everyday consumers for real-world analog actions. Instead of relying exclusively on macro influencers and the creator economy, Crowd matches businesses with thousands of normal humans to complete targeted gigs like grocery shopping, downloading apps, or attending store openings. Throughout the episode, the guest explains how past failures across the music industry and mobile app development ultimately provided the foundational data points and operational context needed to build his current company. The conversation highlights the intersection of technology and old-school guerrilla marketing, offering practical insights for small business owners and startup founders.
- Do not dwell on past business shortcomings, as those experiences often serve as foundational builders for your next venture. 0:22
- Consider utilizing downstream consumer networks rather than top-tier celebrities to solve cold start problems for retail and apps. 4:28
- Target everyday participants with small financial incentives or free products to drive authentic real-world actions and store traffic. 12:48
- Break down complex company problems and high-stress operational challenges into individual tasks that can be knocked out one by one. 32:42
Chapters
- 0:00Podcast Intro and Host Motivation
Gary V explains his focus shift to fresh podcast content and introduces the episode’s theme of moving past mistakes to future opportunities.
- 3:25Introducing Ryan Chen and Crowd Platform
Gary introduces guest Ryan Chen, CEO of Crowd, and outlines the platform’s mission to connect brands with everyday people for real‑world activations.
- 4:55Origin Story of Crowd and Founder’s Journey
Ryan shares his early entrepreneurial experiences in apps and music, leading to the idea of Crowd as a solution for accessing large, diverse audiences.
- 8:00Case Studies: Guerrilla Marketing and Consumer Insights
Ryan presents real campaigns—food giveaways, restaurant activations, and Walmart insights—to illustrate Crowd’s impact on brand awareness and sales.
- 32:16Operational Challenges and Scaling the Crowd
Discussion of the logistical hurdles in recruiting, vetting, and paying thousands of participants, and how Crowd is building trust and reliability.
- 36:40Future Opportunities and Collaboration with Gary V
Gary and Ryan explore potential joint campaigns, leveraging Crowd for experiential marketing, and discuss how the platform fits into broader social media strategies.
- 38:09Crowd’s Rapid Scaling Strategy
Explains how Crowd leverages large crowds for quick product testing and feedback.
- 39:02Early Social Media Experimentation
Describes the founder’s first use of social media to gauge consumer reactions.
- 40:01Crowd as a Future Advertising Platform
Envisions Crowd evolving into a Google‑Ads‑like system for physical activations.
- 41:23Advice for Aspiring Entrepreneurs
Offers guidance on embracing all experiences and staying focused on the next project.
- 42:30Personal Journey from Music to Tech
Shares how past music and app development experiences shaped the current venture.
- 44:02Overcoming Past Regrets and Pivoting
Highlights the importance of reframing past failures as foundations for future success.
Highlights
- 4:20
Flipping the Creator Economy Modelstrategy
The guest explains how Crowd replaces traditional top-down influencer marketing by starting with a thousand everyday people to test products and drive higher ROI.
- 11:43
Guerrilla Marketing in New Yorkstory
An example is shared where a betting platform posted thousands of flyers across New York City overnight, resulting in 4,500 people waiting outside for a grocery store opening.
- 12:56
Solving the Cold Start Probleminsight
The guest details how sending targeted groups of local consumers into restaurants or retail stores helps solve the cold start problem for new businesses.
- 15:00
Preventing Fake Receipt Fraudstrategy
When asked about security, the guest notes that the platform utilizes an AI receipt auditor and matches order numbers to backend systems to prevent fraud.
- 29:57
Using Gigs for Consumer Insightsstory
A campaign with iHeartMedia used a crowd of people to test-drive EV cars and evaluate dashboard interfaces, showcasing the potential for market research.
- 33:04
Hiring and Firing Challengesinsight
The guest discusses the difficulty of transitioning from a small team to fifteen employees, admitting he has hired too quickly and fired too slowly.
- 38:12
R&D and Product Testinginsight
The host points out that companies can use crowdsourced networks for product research and development before pouring millions of dollars into unverified offerings.
Quotes
“Ultimately, the story is even though you see them as shortcomings today, don't spend your time dwelling on it.”
Unnamed speaker · 0:38 “I ate shit for 15 years in different industries, but doing that has created this whole vision for this company that I have now.”
Unnamed speaker · 0:32 “The majority of regular, everyday people don't have the, like the advantage of going out and making a post.”
Unnamed speaker · 8:24 “If you're launching an app, you need a bunch of users. If you're launching a music career, you need a bunch of fans, listeners, right?”
Unnamed speaker · 5:23 “are launched with billions of dollars invested before they even ask the consumer.”
Unnamed speaker · 38:09 “like literally 50 fucking random humans in Manhattan or at my door of my office and I'm like eat this cereal what do you think?”
Unnamed speaker · 38:44 “Literally it brought me uh like insights and experience that only those things would have been able to give me to build what I am what to build crowd right like so I view”
Unnamed speaker · 42:53 “on that and then if it doesn't work out the takeaway from that might just be that it's not over right like that it didn't work out but some you might get a big win.”
Unnamed speaker · 44:46 “Uh yeah so find crowd on the website www.joincrwd.com on socials at join crowd as well um you can find me on LinkedIn on Instagram it's R Chen West.”
Unnamed speaker · 45:21
Sponsored segments
- Progressive 26:03–26:32
- Progressive 42:00–42:29
- Progressive 46:07–46:37
About this episode
In this episode of The GaryVee Audio Experience, I sit down with Ryan Chen, founder and CEO of CRWD, to talk about why I believe analog marketing is making a comeback. CRWD connects businesses with everyday people for paid gigs, from trying products and visiting stores to attending experiences and providing customer feedback. Ryan and I break down how technology can power old-school guerrilla marketing, help businesses attract their first customers, and turn real-world experiences into consumer insights. We also discuss opportunities to earn extra income without a large social media following, the role of product sampling in customer acquisition, and why offline marketing should complement (not replace) social media, SEO and email. In this episode: • How CRWD’s marketplace connects brands with everyday consumers • Why I’m excited about experiential marketing and in-person activations • Getting people to try a new product, restaurant or app • Using customer feedback and market research to improve your business • Ryan’s entrepreneurial journey and what past setbacks can teach founders My thesis: analog is coming back, and I hope this conversation inspires you to do something about this intuition I have.
Transcript
10,966 words · 3 speakers
Topics
- Crowd
- Walmart
- Target
- Bay Area
- True Fruit
- iHeartMedia
- Junie
- joincrwd.com
Page updated · transcript and summary are machine-generated