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“The only way you are going to learn is through enduring pain” - Biju Kulathakal Biju Kulathakal (@BijuGK) is a serial entrepreneur and active angel investor. He was an early investor and partner at GetAMovie which was later sold to McDonalds and is now RedBox. Redbox is one of the largest movie rental companies in the United States and the fastest growing in terms of revenue. Previously, he was a founder of Enterprise Logic Systems, which is a software development firm that specialized in the financial services and trading industry. Biju is a founder and the past Chairman and CEO of Trading Block Holdings, an online brokerage firm specializing in option traders. He is the founder of Vidya Foundation, which gives scholarships to underprivileged kids in developing countries. He has previously served on the board of the Chicago Charger School foundation, Beck Foundation, Civitas Schools, Leap Learning Systems and the Heartland Institute. Biju received a BS in Aerospace Engineering from Illinois Institute of Technology. Biju’s current focus is Co-founder and CEO of Halo Investing (https://haloinvesting.com/). Please let us know your thoughts on social @DitchDiggerCEO and on our website https://www.ditchdiggerceo.com/ Shownotes: 2:00 How Biju started Redbox 5:00 Partnering with McDonald's - Did you ever go to Blockbuster or Hollywood video with these ideas? 11:00 Key lessons from Redbox 15:30 Mentors who have helped you gain your business acumen 18:00 Networking strategies 22:30 The key to motivating your employees 24:30 Core values 31:00 How Halo Investing started and where it’s going in the next ten years 40:00 Only way you can learn is through pain 43:30 How has the free market system helped you? 52:00 Biju’s advice to the younger version of himself 55:00 Why do businesses fail? 1:03:00 Quinton’s True Takeaways
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