{"id":5805,"date":"2015-08-31T03:00:00","date_gmt":"2015-08-31T08:00:00","guid":{"rendered":"https:\/\/startupjunkie.org\/7-a-conversation-with-scott-andrews-of-hayseed-ventures\/"},"modified":"2015-08-31T03:00:00","modified_gmt":"2015-08-31T08:00:00","slug":"7-a-conversation-with-scott-andrews-of-hayseed-ventures","status":"publish","type":"post","link":"https:\/\/startupjunkie.org\/es\/7-a-conversation-with-scott-andrews-of-hayseed-ventures\/","title":{"rendered":"7: A conversation with Scott Andrews of Hayseed Ventures"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/share.transistor.fm\/e\/ac338d19\" width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless=\"\"><\/iframe><\/p>\n<h3><strong>Summary<\/strong><\/h3>\n<p>We talk with Hayseed Ventures COO Scott Andrews. Hayseed Ventures is a VC Production Studio located in Northwest Arkansas. They are actively working to change the face of startups in Northwest Arkansas and to cultivate a culture of entrepreneurship in beautiful downtown Fayetteville.\u00a0<\/p>\n<p>Q : What do you do?<\/p>\n<p>Scott: We are a startup that starts startups. We are a venture studio, with a team of 7, we partner with early stage companies and help them raise funds. Our goal is to work with 6 to 8 companies a year.<\/p>\n<p>Q : Who is John James?<\/p>\n<p>Scott: He is a physician by profession who likes to build businesses. He figured out how to arbitrage keywords back in the 90s with google adword traffic and became a huge portion of it, he built Grill Stuff and started Acumen brands (monetizing facebook).<\/p>\n<p>Q: What is your competitive advantage?<\/p>\n<p>Scott: Customer Acquisition. We understand the process of getting the data, analyzing it and creating the economic machine that drives it.<\/p>\n<p>Q: What are\u00a0some of your current portfolios.<\/p>\n<p>Scott: We actually have 5. One is the Q-Ball, it&#8217;s a quiz ball reloaded. We built the content behind the machine and then built a SaaS\u00a0business around it and built an online platform for it<\/p>\n<p>Q: What kind of companies you work for?<\/p>\n<p>Scott: A company that is early but has some tractions, some customers and some revenues.<\/p>\n<p>Example: Menguin (Online Tuxedo Rental)<\/p>\n<p>Q: Your model, how it is different from venture fund or from incubator or accelerator?<\/p>\n<p>Scott: Its kind a mixed of everything. Our revenue is like a venture fund. We are co-founder.<\/p>\n<p>Q : How did you come to work for Hayseed Ventures?<\/p>\n<p>Scott: My interest is to work with a lot of different engineers and to continuously learn and learn about new things.<\/p>\n<p>Q: What advice could you give to entrepreneurs who might want to talk to Hayseed?<\/p>\n<p>Scott: Any entrepreneur needs to understand the problem they are solving, If you have specific interest or understanding, turn into competitive advantage.<\/p>\n<p>Q: What do you look for entrepreneurs or businesses to work with?<\/p>\n<p>Scott: We have a checklist and the top 3 are: Can we test this quickly? Can we reiterate it quickly and can we do it cheaply? And aside from these, we also identify if the business is a 10 million dollar business, if not then it is not something that we mess with. Does it have a clear customer acquisition strategy?<\/p>\n<p>Q: Why should entrepreneurs come to Hayseed?<\/p>\n<p>Scott: With a team having different brains, you get a lot of experience thinking about you all the time and you get a lot of contacts. An accelerator would introduce you to a lot of people and say go figure it out; a venture capital groups would say here\u2019s the check, go figure it out. We\u2019ll say come work with us, we will help you figure it out. We are hands-on and we\u2019re teacher, not doers. We will teach you how to run your social strategy, how to manage your website and how to raise capital.<\/p>\n<p>Q: What needs to happen next to make this whole Northwest Arkansas rock and roll?<\/p>\n<p>Scott: I think we need to continue the path that we\u2019re going, we\u2019re starting to create density. Find ways to retain talents.<\/p>\n<p>Q: What is your message to big companies, why do they need to care about this startup things?<\/p>\n<p>Scott: I think that when we do better, they\u2019ll do better as well. They\u2019re going to be able to attract more talents and provide more service to them.<\/p>\n<p>Q: Why should they come to this region?<\/p>\n<p>Scott: This region is the Silicon Valley for retail. You\u2019ve got Fortune One and everything that supports it. There are vendors and world-class educational institution here.<\/p>\n<p>Our contact info:<\/p>\n<p>Jeff Amerine<a title=\"[GMCP] Compose a new mail to jeff@startupjunkieconsulting.com\" href=\"mailto:jeff@startupjunkieconsulting.com\" rel=\"noreferrer\">jeff@startupjunkieconsulting.com<\/a><a href=\"http:\/\/www.startupjunkieconsulting.com\/\">www.startupjunkieconsulting.com<\/a><\/p>\n<p>Jon Cadieux<a title=\"[GMCP] Compose a new mail to jon@455mediagroup.com\" href=\"mailto:jon@455mediagroup.com\" rel=\"noreferrer\">jon@455mediagroup.com<\/a><a href=\"http:\/\/www.455mediagroup.com\/\">www.455mediagroup.com<\/a><a href=\"http:\/\/www.bentonvilleworkplace.com\/\">www.bentonvilleworkplace.com<\/a><\/p>\n<p>\ud83c\udfa7 Follow the Startup Junkies Podcast on <a href=\"https:\/\/www.youtube.com\/playlist?list=PLDJDYh7-pd3x4ha7THQ6Y0bRu1P0RsDLj\">YouTube<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/5DvdrBGZkf26aFNenMmayC\">Spotify<\/a>, and <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-startup-junkies-podcast\/id1014096501\">Apple Podcasts<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We talk with Hayseed Ventures COO Scott Andrews. Hayseed Ventures is a VC Production Studio located in Northwest Arkansas. They are actively working to change the face of startups in Northwest Arkansas and to cultivate a culture of entrepreneurship in beautiful downtown Fayetteville.\u00a0 Q : What do you do? Scott: We are\u2026<\/p>","protected":false},"author":3,"featured_media":5552,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_meta_description":"We talk with Hayseed Ventures COO Scott Andrews. Hayseed Ventures is a VC Production Studio located in Northwest Arkansas. They are actively working to\u2026","footnotes":""},"categories":[16],"tags":[],"class_list":["post-5805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast"],"_links":{"self":[{"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/posts\/5805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/comments?post=5805"}],"version-history":[{"count":0,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/posts\/5805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/media\/5552"}],"wp:attachment":[{"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/media?parent=5805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/categories?post=5805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/tags?post=5805"}],"curies":[{"name":"gracias","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}