Martin Hermann: From Apprentice to World Leader in Renewable Energy

David Jaffe: Ascena Retail Group CEO on Scaling Family Business, Investing, and His Next Chapter

Host Michael Sonnenfeldt concludes Season 1 with a retail legend and world-changing philanthropist, TIGER 21 Member David Jaffe. David’s mother Roslyn founded Dressbarn in 1962. David joined the family business in 1992. As CEO, David took the company from $1 billion in sales all the way to $7 billion as Ascena Retail Group, Inc., a Fortune 500 retailer with eight distinct brands including Ann Taylor, Loft, Lane Bryant, Catherines, and Justice, with over 4,500 stores across the U.S. and Canada, employing 65,000 associates. In 2019, David transitioned out of Ascena. Today, he's a philanthropist on a quest for social change, leading two different nonprofits. David shares insights on family business succession, integrating philanthropy, and his advice for those transitioning out of their primary careers. Key topics include the evolution of Dressbarn, strategies for successful acquisitions, and the importance of aligning career choices with personal passions. Video clips: The 10-Year Rule for Family Business [https://youtu.be/6ECr4WMuMzI] "After My Exit, I Became the Wrong Kind of Investor" [https://youtu.be/KlM-nXhmlQA?si=NCFLsqhyubiHn9oD]] Topics: (00:00) Podcast announcement (Season 1 finale) (00:31) Introduction to David Jaffe   (01:00) Early career  (02:27) Philanthropy and social change   (03:13) Family business dynamics   (04:28) Career transition   (19:58) Lessons from leadership and mentorship   (23:12) End of an era at Ascena (25:50) The day after retirement   (27:46) Exploring new opportunities   (28:40) Advanced Leadership Initiative at Harvard   (29:13) Combining passions: education and environment   (30:21) Advice for post-career transitions   (31:09) Investment lessons learned by Michael Sonnenfeldt and David Jaffe  (34:04) Philanthropic ventures: FARE and Subject to Climate (35:50) Balancing nonprofit and personal life   (38:30) Partnerships (40:40) Impact and future goals   (46:27) Personal reflections and advice   (49:37) Tip Jar About: TIGER 21 is the premier peer membership organization for ultra successful entrepreneurs, investors, and executives. Tip Jar: Dad’s Ten Rules Salman Khan: "Brave New Words" [https://amzn.to/3VFCM3V] Merrily We Roll Along Stereophonic Links: tiger21.com [https://tiger21.com/] Michael Sonnenfeldt - LinkedIn [https://www.linkedin.com/in/michael-sonnenfeldt-84072225/] | @mwsonnenfeldt [https://twitter.com/mwsonnenfeldt] FARE foodallergy.org [https://www.foodallergy.org/] Subject to Climate subjecttoclimate.org [https://subjecttoclimate.org/] Follow & Connect: Podcast [https://tiger21.com/podcast] | YouTube [https://www.youtube.com/@tigertwentyonellc] | X [https://twitter.com/TIGER21] | LinkedIn [https://www.linkedin.com/company/tiger-21/] | Blog [https://tiger21.com/insights/] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Perianne Boring: Transforming Tomorrow’s Financial System with Blockchain

For blockchain to truly disrupt and advance the economy, Perianne knew that another kind of network is needed, one to connect industry and government to promote innovation, jobs and investment. TIGER 21 Member Perianne Boring is the Founder and CEO of the Digital Chamber, the trade association she founded in 2014, dedicated to representing and advancing blockchain technology.  For her education and advocacy work in the field, which attracted more than 200 members to the Digital Chamber, including Accenture, Cisco, Microsoft, IBM, Fidelity, and Wells Fargo, Forbes named Perianne one of the America's Top 50 Women in Tech. And she was also named one of the 10 most influential people in blockchain by Coindesk. Host Michael Sonnenfeldt speaks with Perianne, a pioneering figure in the blockchain realm. “Bitcoin is the best performing asset class in the history of the world,” she explains. The investment community is just starting to understand the value of digital scarcity. They discuss her early entrance into the Bitcoin ecosystem, the economic disparities motivating her career, and the significant impact of her policy work. The episode covers timely topics such as the technology behind Bitcoin, its geopolitical significance, and common misconceptions about its use. Additionally, Perianne shares insights into her personal journey and what sets her apart as an entrepreneur. Video clips: "Washington bet against me" [https://youtube.com/shorts/V2GO85KSLhM?si=LHn0RD77NAzHxgaW] Most Influential Woman in Blockchain [https://youtu.be/PCkDHD_H6DI?si=EFgEcNjEH27FlPtD] Topics: (00:00) Introduction to Perianne Boring (05:10) How Perianne became influential in blockchain   (06:49) Bitcoin's breakout year: 2013   (09:11) Background (11:08) GFC 2008   (12:52) White House internship (13:44) Bitcoin: Tech innovation   (17:02) Myth-busting: Bitcoin and illicit finance  (23:00) Personal reflections  (24:19) FTX insights, need for regulatory frameworks   (29:30) Mission and Bitcoin for financial sovereignty   (32:13) Marshmallow test, delay gratification (34:14) Mentorship, family   (36:28) Not money-motivated (40:00) Future of Bitcoin (41:28) Perianne's future goals (44:18) Leisure, health   (43:22) Tip jar About: TIGER 21 is the premier peer membership organization for ultra successful entrepreneurs, investors, and executives. Email questions or comments: next@tiger21.com Links: tiger21.com [https://tiger21.com/] @mwsonnenfeldt [https://twitter.com/mwsonnenfeldt] @PerianneDC [https://x.com/PerianneDC] DC Blockchain Summit '24 | Life, Liberty, and Digital Property with Perianne Boring [https://youtu.be/hRi_-nlx81I?si=zY1Q8dLQvGTZef2f] https://digitalchamber.org/ [https://digitalchamber.org/] Follow & Connect: Podcast [https://tiger21.com/podcast] | YouTube [https://www.youtube.com/@tigertwentyonellc] | X [https://twitter.com/TIGER21] | LinkedIn [https://www.linkedin.com/company/tiger-21/] | Blog [https://tiger21.com/insights/] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Dylan Taylor: A Purpose Greater than Earth - Voyager Space

“You can’t un-feel it and you can’t un-remember it.” TIGER 21 Member Dylan Taylor is Chairman and CEO of Voyager Space, a multi-national space exploration company focused on building the next generation of space infrastructure. Dylan is not only a visionary leader in the New Space sector but also a commercial astronaut and philanthropist. Recognized globally for his pivotal role in the private space industry, he is the founder of Space for Humanity. Dylan Taylor describes space flight and much more in this moving conversation with host Michael Sonnenfeldt [https://www.sonnenfeldt.com/about/]. Surprisingly, for decades Dylan's career had nothing to do with space. Hear the question that identified his purpose. From experiencing childhood hunger to his remarkable corporate rise, Dylan’s journey is nothing short of extraordinary. As a Fortune 1000 executive for multinational companies including Honeywell and Colliers, he had P&L responsibility in excess of $2B with 15,000+ employees in 60+ countries. We explore Dylan’s shift from a traditional career to founding Voyager Space Holdings and his transformative suborbital flight with Blue Origin. This episode covers how to find the work you're meant for, space exploration, as well as wealth creation, the purpose of business, and what makes a meaningful existence on our blue pebble. Watch clips: "Successful" but Miserable [https://youtube.com/shorts/QcxMq-Beo1w?feature=share] Profound Emotions of Space Flight [https://youtu.be/ejXpxVYB9Jo] "Why pollute Earth to go to space?" [https://youtu.be/rTDwQEBnpy4] Topics: (0:00) Introducing Dylan Taylor   (7:39) MBA, early career   (11:47) Real estate, leadership roles   (17:24) Discovering passion for space   (23:52) Founding Voyager Space (28:22) Experiencing spaceflight   (32:44) Expanding access to space   (36:10) Mentorship, goals   (37:12) Dealing with different perspectives   (42:30) TIGER 21 community (44:02) Life lessons, family (46:09) Milton Friedman vs new age business (48:24) Tip Jar About: TIGER 21 is the premier peer membership organization for ultra successful entrepreneurs, investors, and executives. Email your comments: next@tiger21.com Tip Jar: “Man’s Search for Meaning” - Viktor Frankl [https://amzn.to/3VJNub8] The Last Lecture [https://youtu.be/j7zzQpvoYcQ?si=_EMdQDg4tOTTlbRh] Links: tiger21.com [https://tiger21.com/] x.com/mwsonnenfeldt [https://x.com/mwsonnenfeldt] voyagerspace.com [https://voyagerspace.com/] x.com/dylan [https://x.com/dylan] dylantaylor.org [https://dylantaylor.org/] Follow & Connect: Podcast [https://tiger21.com/podcast] | YouTube [https://www.youtube.com/@tigertwentyonellc] | X [https://twitter.com/TIGER21] | LinkedIn [https://www.linkedin.com/company/tiger-21/] | Blog [https://tiger21.com/insights/] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Libby Connolly Alexander: Taking a Family Business from Millions to Billions

Join host Michael Sonnenfeldt exploring the remarkable journey of Libby Connolly Alexander. In 1984, Tulane graduate Libby joined her father's startup. This small family venture evolved into a global giant and leader in recovery auditing for healthcare, retail, and more major industries. How it began: Libby's father James Connolly, a former senior executive at Gimbels, recognized an untapped opportunity to help department stores recover overcharges. He started Connolly from his living room in 1979. Over the years, alongside her brother Larry Connolly and husband Robert Alexander, Libby took the reins as CEO, transforming Connolly, Inc. from $5 million to $5 billion during her tenure. It became a leader in recovery auditing. For example, Connolly, Inc. saved clients $1.1 billion in 2018-2019 alone. Key Themes: -Sustaining 20% annual growth for over 20 years (Warren Buffett-like returns) -Family business: Second-generation success -Insights on entrepreneurial risk, growth, and legacy Libby's story underscores the power of humility and teamwork, offering valuable lessons for entrepreneurs. Tune in to hear how she built an industry-dominating company and the unique skills required to sustain such extraordinary success. Watch clips: How Connolly Achieved Warren Buffett-Like Returns With No Debt [https://youtu.be/hl5P9kUHH1A?si=RSIydZeV1tPQEuDO] A Real Life MBA from My Father [https://youtu.be/KZCIxNQSHOY?si=Q7C83ojwdm5pc62K] Valued $11 billion: Why we sold Connolly (Cotiviti) [https://youtube.com/shorts/rUNKbUey2s0?feature=share] Topics: (0:00) Introduction: Connolly and recovery auditing (6:38) Libby's father's career transition   (10:45) Evolution of retail from Gimbels era (15:08) Building a sustainable business model (value proposition) (21:00) Libby joins Connolly (1984) (22:30) Low noise (25:00) Giving up a million dollars (27:21) Libby and Larry take the reins (29:57) Second generation family business (31:57) Culture   (34:22) PC revolution and competitive edge (39:21) Healthcare   (46:15) Selling to Advent   (50:41) Reflections and legacy About: TIGER 21 is the premier peer membership organization for ultra successful entrepreneurs, investors, and executives. Tip Jar: Practice self care. Links: tiger21.com [https://tiger21.com/] Michael Sonnenfeldt - LinkedIn [https://www.linkedin.com/in/michael-sonnenfeldt-84072225/] | @mwsonnenfeldt [https://twitter.com/mwsonnenfeldt] libbyconnollyalexander.com [https://libbyconnollyalexander.com/] linkedin.com/in/libbyconnollyalexander [https://www.linkedin.com/in/libbyconnollyalexander/] Book: “Figuring It Out” [https://amzn.to/3Ri5Qxg] Follow & Connect: Podcast [https://tiger21.com/podcast] | YouTube [https://www.youtube.com/@tigertwentyonellc] | X [https://twitter.com/TIGER21] | LinkedIn [https://www.linkedin.com/company/tiger-21/] | Blog [https://tiger21.com/insights/] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Martin Hermann: From Apprentice to World Leader in Renewable Energy

Martin Hermann is a serial entrepreneur with over 27 years of experience in the solar, clean-tech and high-tech industries. He has closed business transactions in excess of $5.3 billion. By the age of 35, Martin sold the software company he co-founded to Intel. Martin founded 8minutenergy, one of the largest independent developers of solar PV in the U.S. Join host Michael Sonnenfeldt [https://www.sonnenfeldt.com/about/] to meet this TIGER 21 Member who is a global leader in renewable energy. Martin is the CEO of BrightNight, one of the most promising companies helping to drive the energy transition to clean power. Its pipeline today consists of over 30 gigawatts of clean power projects. For context, that would power over 20 million buildings and represent over 10% of total renewable power in the U.S. today. Martin has spent his career identifying fast-growing market opportunities to create significant value. He shares insights into renewable energy, including the development of hybrid power systems combining solar, wind, and battery storage to provide round-the-clock energy. Watch clips: From apprentice to founder: I sold to Intel [https://youtube.com/shorts/0TtOuQw4UOw] How I became a leading solar developer [https://youtube.com/shorts/SaEPvakm17E?feature=share] How One Startup Surpassed 37 Other Intel Acquisitions [https://youtu.be/Vi4TR0I-lKk] Closed 8minutenergy Thursday, Started BrightNight Friday [https://youtu.be/UJGGhqfXKE0] Topics:   (0:04) Introduction (4:16) How Michael Sonnenfeldt and Martin met (5:45) Leading solar developer, 8minutenergy (10:17) Formative years in Germany (12:00) Entrepreneurial drive (13:00) Software startup sold to Intel (17:40) Partnership (23:40) 2009: next venture, solar modules (28:29) Lessons learned at Intel (33:00) 8minutenergy to BrightNight (41:00) BrightNight operating scale: 30 gigawatts of clean power projects (45:08) Mindset: peak of career? What’s next? (48:00) Tip jar About: TIGER 21 is the premier peer membership organization for ultra successful entrepreneurs, investors, and executives. Tip Jar: Why We Sleep - Matthew Walker [https://amzn.to/4dCNXTp] Links: tiger21.com [https://tiger21.com/] Michael Sonnenfeldt - LinkedIn [https://www.linkedin.com/in/michael-sonnenfeldt-84072225/] | X: @mwsonnenfeldt [https://twitter.com/mwsonnenfeldt] Martin Hermann - LinkedIn [https://www.linkedin.com/in/martin-hermann-8293816/] BrightNight [https://brightnightpower.com/] Follow & Connect: Podcast [https://tiger21.com/podcast] | YouTube [https://youtube.com/playlist?list=PLFrv4lmp2aaI4VizZVK5PKjsBWtwOJRvG&si=cFLeKzx8J8cApKja] | X [https://twitter.com/TIGER21] | LinkedIn [https://www.linkedin.com/company/tiger-21/] | Blog [https://tiger21.com/insights/] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.