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Wastebits, An Alumni Success Story

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On June 8th, Wastebits, founded on the 2012 StartupBus, will join alumni and current buspreneurs in Nashville for Accelerate: Nashville

First and foremost, Wastebits is about its people and culture. We were fortunate to start as a dream team with an almost unheard of mix of talent and experience that is perfectly overlapping. Frankly I attribute that to Scott’s talent assembling product teams. And while we’ve certainly had our share of tribulations, the emphasis and investments we’ve made focusing on our culture have proven to be our persevering strength. The funny thing about culture, though, is that its never ‘done’. The base might be pretty well established but its constantly evolving that, just like a romance, culture requires an on-going investment of time and resources to cultivate and ensure that the culture remains a critical foundational block that we can each depend on as we grow.

Our team on the software side grew this year to over 20 incredibly talented and passionate folks and we’ll finish out the year with well over $1million in customer driven revenue.

Dan Collins, our CEO, really was the impetus with his visionary ideas to revolutionize the waste industry based on his intimate knowledge and relationships within the industry. The tech side of the team had been looking for an idea to rally around, something we could all apply our passions toward together; and making the world a better place by (re)defining the future of the waste industry sounded like a fun challenge. And Dan’s personal values aligned very very well with our own, so it was pretty much a perfect match.

Scott Meier co-founded Wastebits on the StartupBus in 2012

Scott Meier co-founded Wastebits on the StartupBus in 2012

Our team on the software side grew this year to over 20 incredibly talented and passionate folks and we’ll finish out the year with well over $1million in customer driven revenue. We also anticipate needing to double headcount again by 1st quarter 2016. While we’ve achieved a lot of successes together (and circumvented quite a few the ‘normal startup rules’ in doing so), we’ve got a lot of work ahead of us and need to continue to grow to the team to help tackle the challenges.

Our size and growth are topics of on-going discussion for us. Immediately after our final pitch at StartupBus 2012, we collectively made the decision to be very intentional about our growth, ensuring to always get the right people on the bus first and to be very discerning on who are the ‘right’ people to be part of our team…of course employees and contractors, but also customers, investors and suppliers.

Immediately after our final pitch at StartupBus 2012, we collectively made the decision to be very intentional about our growth

Three big lessons from the StartupBus

  1. Getting the right people on the bus.
  2. Developing a trusted network.
  3. Focusing on what we need to do to drive value, and avoiding getting caught up in what everyone else says we should be doing.

From the Alum on our team, we had the impression StartupBus would pretty much be 4 intense, sleepless days figuring out how to build in 4 days what would normally take 6+ months.

And afterwards that seemed to be a pretty accurate depiction. Which was exactly why most of us resisted Scott’s prodding to get on the bus in the first place. Each of us was already pretty invested in our own endeavors. But then one by one, we had each found ourselves saying, ‘Well…if they’re in, I’m in’. And three years later here we are together still smiling (and still short on sleep!).

Ray often explains StartupBus as an immersive environment for cultivating entrepreneurial talent; likening it to a lightning MBA supported by a Community convinced they can accomplish just about anything together. Once you’re a part of the Community, its empowering and addictive!

“I’d rather see StartupBus on a resume than an MBA.” – Dave McClure, 500 Startups

After the Bus

We are each extremely driven individuals and had each been doing our own thing and supporting each other well before StartupBus. Coming together during StartupBus emphasized what was possible if we focused on the same vision together.

Funny enough though, early on on the bus each of us had considered joining other teams…but it came down to the fact that teaming together was just too compelling! And we’re all pretty happy with that decision now.

the StartupBus Community is chocked full of amazing individuals that really do care enough to work together to make the world a better place.

Advice to would be Buspreneurs:

Don’t get on a bus if you are happy to do what you are currently doing for the next 30 years of your life.

Getting on a bus will change your perception.

Red pill or blue pill…

Start a company not a startup.

Everything is connected, and everything matters.

People > Technology.

Its very apropos that our team came together and Wastebits was birthed at StartupBus.

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