What does it actually take to survive long enough to build a great company? Silicon Slopes CEO Clint Betts sits down with Vivint co-founder and McColee Partners CEO Keith Nellesen for a Start School session about entrepreneurship, leadership, investing, resilience, and the lessons that come from decades of building businesses. Keith shares the unlikely story behind Vivint, from leaving a promising career at Deloitte to join his high school friend Todd Pedersen, nearly going under in the early years, pivoting from pest control into home security, and eventually helping build one of Utah’s most successful companies. He opens up about maxed-out credit cards, missed mortgage payments, expensive financing, constant uncertainty, and the unrelenting desire to survive that kept the company moving forward. The conversation also explores what Keith looks for when investing in founders today, why solving a real customer need matters more than having a great idea, and how some of his biggest mistakes shaped the way he thinks about business. Keith shares lessons from his experience with Nuvi, why he believes being an investor and CEO at the same time can create problems, and why profitability and cash still matter. Keith also reflects on leadership, family, leaving Vivint, and how his life changed when he finally had the time to be more present with his children. His approach to leadership is simple: work hard, tell the truth, treat people the way you want to be treated, and do what you said you would do. Timestamps:00:00 - Introduction00:50 - The accidental start of Vivint04:00 - Early financial struggles and pivotal moments10:00 - Technological innovations and industry challenges13:21 - Exiting Vivint and life after17:34 - Current ventures with Macaulay Partners22:00 - Audience Q&A: Guiding principles and founder criteria34:00 - Lessons from Nuvi and leadership insights For entrepreneurs navigating uncertainty, deciding when to pivot, raising capital, or simply trying to survive another month, this Start School session is a candid look at what building a company really requires. Learn more about Start School and Silicon Slopes at siliconslopes.com.