Lay of The Land

Jeffrey Stern

Telling the stories of entrepreneurship and builders in Cleveland and throughout Northeast Ohio. Every Thursday, Jeffrey Stern helps map the Cleveland/NEO business ecosystem by talking to founders, investors, and community builders to learn what makes Cleveland/NEO special.

  1. #255 Duane Mancini — Project MedTech

    2d ago

    #255 Duane Mancini — Project MedTech

    Duane Mancini, Founder and CEO of Project Medtech, a Cleveland-based platform helping medical technology companies move from promising invention to real patient impact. What began as a podcast has evolved into a broader ecosystem of consulting, events, education, investor connectivity, and community-building for Medtech founders navigating the difficult path from idea to market. In our conversation, Duane and I explore his path from science and research into entrepreneurship, how Project Medtech grew from a curiosity-driven podcast into a larger platform, and what founders often underestimate about building in Medtech. We talk about regulatory strategy, reimbursement, clinical validation, fundraising, the importance of team over product, and why Ohio may have a unique opportunity to become a more important node in healthcare innovation. Duane is thoughtful, mission-driven, and deeply committed to helping more life-changing technologies reach patients. Please enjoy my conversation with Duane Mancini. 00:00 Building Trust Through Storytelling07:53 The Evolution of Project MedTech12:30 The Entrepreneurial Journey Begins20:37 The Founding Team Dynamics23:43 Lessons from 250+ Conversations28:58 De-risking in Life Sciences33:38 Navigating Capital in Life Sciences38:35 Redesigning the Market Entry Process41:24 Understanding Economic Impact in Healthcare44:18 Measuring Impact and Success48:11 Optimism in Life Sciences and Med Tech50:46 Opportunities for Ohio's Life Sciences54:44 Building Supportive Ecosystems59:23 Outro----- LINKS:https://www.linkedin.com/in/duanemancinihttps://www.projectmedtech.com/ ----- SPONSOR:Cerity PartnersCerity Partners, a full-service investment and wealth management firm serving high-net-worth individuals, entrepreneurs, and business owners, is proud to sponsor Lay of The Land. The firm has local roots in Cleveland and across Ohio, and like this podcast, Cerity Partners advisors specialize in serving the interests of local entrepreneurs and business leaders. The firm’s national presence means it can offer the resources and specialized knowledge of the largest institutions with the independence and service of a neighbor. The Cerity Partners Cleveland team understands the complexity that comes with wealth, and they adhere to fiduciary standards. Discover the financial lay of your land. Learn more at https://ceritypartners.com/NPR or call 216-464-6266. Roundstone InsuranceRoundstone Insurance is proud to sponsor Lay of The Land. Founder and CEO, Michael Schroeder, has committed full-year support for the podcast, recognizing its alignment with the company’s passion for entrepreneurship, innovation, and community leadership.Headquartered in Rocky River, Ohio, Roundstone was founded in 2005 with a vision to deliver better healthcare outcomes at a more affordable cost. Over the past two decades, Roundstone has grown rapidly, creating nearly 200 jobs in Northeast Ohio. The company works closely with employers and benefits advisors to navigate the complexities of commercial health insurance and build custom plans that prioritize employee well-being over shareholder returns. By focusing on aligned incentives and better health outcomes, Roundstone is helping businesses save thousands in Per Employee Per Year healthcare costs. Roundstone Insurance — Built for entrepreneurs. Backed by innovation. Committed to Cleveland. Learn more at https://roundstoneinsurance.com/ ----- Stay up to date by signing up for Lay of The Land's weekly newsletter — sign up here: https://layoftheland.ck.page/5f0c1e28fa Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/ Follow Lay of The Land on X @podlayoftheland https://www.jeffreys.page/

    1h 1m
  2. #254 EASE Logistics & jakib

    Jun 25

    #254 EASE Logistics & jakib

    What does it take for AI to matter inside a real operating business? Not as a demo, not as a dashboard, and not as a generic productivity tool — but as something that answers calls, reduces clicks, quotes freight, improves service, and helps people spend more time doing the work that actually moves the business forward. Today we're republishing an episode from The O.H.I.O. Fund Report with Mark Kvamme — co-founder, CEO, and CIO of The O.H.I.O. Fund — Peter Coratola, founder and CEO of EASE Logistics, and Andy Jenks, co-founder of JAKIB.ai. Together, they unpack one of the clearest examples we’ve seen of applied AI in Ohio: a service-heavy logistics business navigating a difficult freight market, partnering with an AI company to start small, solve real operational bottlenecks, and eventually build Amy — an AI layer embedded directly into how EASE works. They discuss track-and-trace calls, customer service, quoting, user adoption, CEO-level ownership, and why AI at its best may be less about replacing people and more about multiplying their output. So please enjoy this conversation with Mark Kvamme, Peter Coratola, and Andy Jenks. 00:00 Introduction to the Ohio Fund and Ease Logistics05:12 Challenges in the Logistics Industry09:50 AI Transformation in Logistics13:55 First AI Project Implementation17:26 Integrating AI with Existing Systems20:12 User Adoption and Trust in AI23:20 Operational Efficiency and Cost Savings26:36 AI as a Knowledge Transfer Tool31:39 Lessons Learned in AI Implementation33:04 The Supercharged Engineer: AI's Impact on Productivity34:28 Empowering Non-Technical Users: AI for Everyone38:03 AI as a Multiplier: Enhancing Workforce Efficiency40:47 Customer-Centric AI: Transforming Client Interactions44:26 Mindset for AI Adoption: Insights for Business Leaders47:26 Evaluating Business Readiness for AI Implementation51:03 The Ohio Advantage: Why Midwestern Companies Thrive53:28 Future Predictions: The Next Big Leap in AI and Business----- LINKS: https://easelogistics.com/https://www.jakib.ai/https://www.linkedin.com/in/peter-coratola-jrhttps://www.linkedin.com/in/ajenks/https://www.linkedin.com/in/markkvamme/----- SPONSOR:Cerity PartnersCerity Partners, a full-service investment and wealth management firm serving high-net-worth individuals, entrepreneurs, and business owners, is proud to sponsor Lay of The Land. The firm has local roots in Cleveland and across Ohio, and like this podcast, Cerity Partners advisors specialize in serving the interests of local entrepreneurs and business leaders. The firm’s national presence means it can offer the resources and specialized knowledge of the largest institutions with the independence and service of a neighbor. The Cerity Partners Cleveland team understands the complexity that comes with wealth, and they adhere to fiduciary standards. Discover the financial lay of your land. Learn more at ceritypartners.com/NPR or call 216-464-6266. Roundstone InsuranceRoundstone Insurance is proud to sponsor Lay of The Land. Founder and CEO, Michael Schroeder, has committed full-year support for the podcast, recognizing its alignment with the company’s passion for entrepreneurship, innovation, and community leadership.Headquartered in Rocky River, Ohio, Roundstone was founded in 2005 with a vision to deliver better healthcare outcomes at a more affordable cost.  Over the past two decades, Roundstone has grown rapidly, creating nearly 200 jobs in Northeast Ohio. The company works closely with employers and benefits advisors to navigate the complexities of commercial health insurance and build custom plans that prioritize employee well-being over shareholder returns. By focusing on aligned incentives and better health outcomes, Roundstone is helping businesses save thousands in Per Employee Per Year healthcare costs. Roundstone Insurance — Built for entrepreneurs. Backed by innovation. Committed to Cleveland. Learn more at https://roundstoneinsurance.com/ ----- Stay up to date by signing up for Lay of The Land's weekly newsletter — sign up here: https://layoftheland.ck.page/5f0c1e28fa Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/ Follow Lay of The Land on X @podlayoftheland https://www.jeffreys.page/

    1 hr
  3. #253 Teddy Baldassarre — How Teddy Baldassarre Built His Brand

    Jun 11

    #253 Teddy Baldassarre — How Teddy Baldassarre Built His Brand

    Teddy Baldassarre has built one of the most influential watch platforms in the world — and just as compelling as the watches themselves is the entrepreneurial story behind it. I first met Teddy almost ten years ago at StartMart in Terminal Tower, before any of this existed: before millions of followers, before the global audience, before the authorized retail partnerships, and before the beautiful physical boutique we recorded this conversation in at Crocker Park. In this episode, Teddy and I explore where his passion for watches began, how a first YouTube video evolved into one of the largest educational platforms in the watch world, and how he turned content into trust, trust into community, and community into a real business. We talk about entrepreneurship, self-expression, building online credibility, navigating the leap from digital media to commerce and physical retail, working with traditional watch brands, the enduring appeal of mechanical watches in an age where no one technically needs one, and what watches can teach us about craft, memory, status, meaning, and time itself. At its core, this is a conversation about building something that is an honest extension of who you are — and what can happen when curiosity, taste, discipline, and timing compound over the course of a decade. 00:00 Introduction & Meeting Teddy01:00 Early Days: Startups, YouTube Beginnings03:00 Discovering a Passion for Watches06:00 Watches as Craft & Self-Expression08:00 Turning Passion into Business & Monetization11:00 Launching E-Commerce & the Pandemic Pivot13:00 Brand, Community, and Content16:00 Building an Approachable Watch Platform18:00 Opening the First Store & Physical Expansion20:00 Partnering with Legacy Watch Brands22:00 Storytelling, Heritage, and the Value of Watches25:00 Watches in Modern Culture & Technology28:00 Entrepreneurial Learnings & Scaling a Personal Brand32:00 Team Building and Company Culture34:00 Pride, Impact, and Alignment with Life’s Work36:00 Building Trust Online38:00 Defining Success39:00 Personal Curiosity & The Future of Watchmaking41:00 Looking Ahead: Growth, Retail, and Community42:00 Why Cleveland? Building Local Roots45:00 Reflections on the Journey46:00 Cleveland Hidden Gems & City Pride49:00 Outro & Closing Remarks----- LINKS:https://www.youtube.com/teddybaldassarrehttps://teddybaldassarre.com/https://www.linkedin.com/in/teddy-baldassarre-70795890/ ----- Stay up to date by signing up for Lay of The Land's weekly newsletter — sign up here: https://layoftheland.ck.page/5f0c1e28fa Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/ Follow Lay of The Land on X @podlayoftheland https://www.jeffreys.page/

    50 min
  4. #252 CJ Jang (Balance) — No Shortcuts

    Jun 4

    #252 CJ Jang (Balance) — No Shortcuts

    Hochan (CJ) Jang is the co-founder of Balance Pan-Asian Grille. What began for CJ as an effort to build a healthier, more creative, and more everyday kind of Asian fast casual concept more than 16 years ago has grown into a beloved regional brand with locations across Toledo and Cleveland — one defined by scratch-made food, bold flavors, affordability, and a real commitment to hospitality. In our conversation, CJ and I explore his journey from growing up in his mother’s restaurant after immigrating from South Korea, to discovering the potential of fast casual, to building Balance with little more than conviction, credit cards, and a willingness to learn everything the hard way. We talk about how the business found its footing, why location and customer feedback were so pivotal early on, how he thinks about quality, pricing, and menu innovation today, and what it takes to scale a restaurant brand without losing the culture and standards that made it special in the first place. I very much enjoyed this conversation, and I think you’ll hear in CJ both a deep humility and a real love for the craft — I hope you enjoy it as well. 00:00 Introduction & Entrepreneurial Roots00:26 Welcome & Background03:00 Early Relationship with Food06:19 From Food to Entrepreneurship12:09 Inspiration from Fast Casual Concepts13:36 Challenges of Ethnic Fast Casual16:20 Launching Balance Pan Asian Grill19:40 Opening the First Location22:58 Importance of Location & Customer Feedback27:53 Balance’s Identity & Values31:07 Navigating Pricing & Affordability35:41 Scaling & Building Culture40:11 Vision for the Future44:57 Hard-Earned Lessons49:02 The Role of Upbringing & Community51:47 Closing & Hidden Gem in Cleveland----- LINKS:https://www.linkedin.com/in/hochan-j-88513510a/https://www.linkedin.com/posts/balancegrille_2-first-generation-entrepreneurs-are-redefining-activity-7351709996880998400-LM0l/https://balancegrille.com/the-balance-grille-leadership-advantage/https://balancegrille.com/story/ ----- SPONSOR:Cerity PartnersCerity Partners, a full-service investment and wealth management firm serving high-net-worth individuals, entrepreneurs, and business owners, is proud to sponsor Lay of The Land. The firm has local roots in Cleveland and across Ohio, and like this podcast, Cerity Partners advisors specialize in serving the interests of local entrepreneurs and business leaders. The firm’s national presence means it can offer the resources and specialized knowledge of the largest institutions with the independence and service of a neighbor. The Cerity Partners Cleveland team understands the complexity that comes with wealth, and they adhere to fiduciary standards. Discover the financial lay of your land. Learn more at https://ceritypartners.com/NPR or call 216-464-6266. Roundstone InsuranceRoundstone Insurance is proud to sponsor Lay of The Land. Founder and CEO, Michael Schroeder, has committed full-year support for the podcast, recognizing its alignment with the company’s passion for entrepreneurship, innovation, and community leadership.Headquartered in Rocky River, Ohio, Roundstone was founded in 2005 with a vision to deliver better healthcare outcomes at a more affordable cost. Over the past two decades, Roundstone has grown rapidly, creating nearly 200 jobs in Northeast Ohio. The company works closely with employers and benefits advisors to navigate the complexities of commercial health insurance and build custom plans that prioritize employee well-being over shareholder returns. By focusing on aligned incentives and better health outcomes, Roundstone is helping businesses save thousands in Per Employee Per Year healthcare costs. Roundstone Insurance — Built for entrepreneurs. Backed by innovation. Committed to Cleveland. Learn more at https://roundstoneinsurance.com/ ----- Stay up to date by signing up for Lay of The Land's weekly newsletter — sign up here: https://layoftheland.ck.page/5f0c1e28fa Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/ Follow Lay of The Land on X @podlayoftheland https://www.jeffreys.page/

    55 min
  5. #251 Aidan Meany (Found Surface) — Building the Future of American Knitwear Manufacturing

    May 28

    #251 Aidan Meany (Found Surface) — Building the Future of American Knitwear Manufacturing

    Aidan Meany, Founder and CEO of Found Surface. Aidan is building a programmable knitwear factory in Cleveland that is reimagining what American apparel manufacturing can look like What began for him with learning to sew from his grandmother and making clothes as a teenager has evolved into a much larger ambition — rebuilding the whole infrastructure to make apparel at scale here in the United States. Today, Found Surface develops its own yarn relationships from American farms and spinning partners, uses digital flatbed knitting and rapid assembly to make product close to home, and is building toward a future where brands can design, iterate, and produce without the waste, delay, and opacity of the traditional offshore model. In our conversation, Aidan and I explore the through line from his early fascination with clothing and making, to researching the fragmented state of American manufacturing during college, to building Found Surface first as a kind of supply chain connector and eventually into a serious manufacturing operation in Cleveland.  We talk about why he believes this city is uniquely suited for the work, the deeper thesis behind vertical integration and domestic production, how digital knitting changes the economics of speed, customization, and minimum order size, and why overproduction — not just outsourcing — sits at the heart of so much of the apparel industry’s dysfunction. We also discuss the partnership between Found Surface, the Cleveland Cavaliers, and the Cleveland Museum of Art, the company’s broader sustainability philosophy around natural fibers and proximity, the challenge of building an organization where young people can find meaningful work, and Aidan’s belief that Ohio has a real opportunity to help lead the next chapter of American industrial renewal. Aidan is a genuine inspiration and I hope you enjoy our conversation 00:00 Inflection Point in Apparel Manufacturing09:48 Found Surface: Origins and Evolution15:20 The Made in America Challenge21:43 Building a Smart Factory: The Future of Production30:30 Sustainability in Apparel: A Dual Approach35:08 Sustainable Fashion and Health Concerns41:29 Cleveland: A Hub for Innovation and Collaboration49:47 Rewriting History: The Future of Manufacturing55:19 Lessons in Leadership and Trust01:02:57 Outro----- LINKS:https://foundsurface.com/https://www.linkedin.com/in/aidanmeany ----- SPONSOR:Cerity PartnersCerity Partners, a full-service investment and wealth management firm serving high-net-worth individuals, entrepreneurs, and business owners, is proud to sponsor Lay of The Land. The firm has local roots in Cleveland and across Ohio, and like this podcast, Cerity Partners advisors specialize in serving the interests of local entrepreneurs and business leaders. The firm’s national presence means it can offer the resources and specialized knowledge of the largest institutions with the independence and service of a neighbor. The Cerity Partners Cleveland team understands the complexity that comes with wealth, and they adhere to fiduciary standards. Discover the financial lay of your land. Learn more at https://ceritypartners.com/NPR or call 216-464-6266. Roundstone InsuranceRoundstone Insurance is proud to sponsor Lay of The Land. Founder and CEO, Michael Schroeder, has committed full-year support for the podcast, recognizing its alignment with the company’s passion for entrepreneurship, innovation, and community leadership.Headquartered in Rocky River, Ohio, Roundstone was founded in 2005 with a vision to deliver better healthcare outcomes at a more affordable cost. Over the past two decades, Roundstone has grown rapidly, creating nearly 200 jobs in Northeast Ohio. The company works closely with employers and benefits advisors to navigate the complexities of commercial health insurance and build custom plans that prioritize employee well-being over shareholder returns. By focusing on aligned incentives and better health outcomes, Roundstone is helping businesses save thousands in Per Employee Per Year healthcare costs. Roundstone Insurance — Built for entrepreneurs. Backed by innovation. Committed to Cleveland. Learn more at https://roundstoneinsurance.com/ ----- Stay up to date by signing up for Lay of The Land's weekly newsletter — sign up here: https://layoftheland.ck.page/5f0c1e28fa Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/ Follow Lay of The Land on X @podlayoftheland https://www.jeffreys.page/

    1h 4m
  6. #250 Chris Heivly — 250 Episodes Later — Reflections on Entrepreneurship, Community, Storytelling

    Apr 30

    #250 Chris Heivly — 250 Episodes Later — Reflections on Entrepreneurship, Community, Storytelling

    This is the 250th episode of Lay of The Land, and to mark it, I wanted to do something a little different. Most episodes of this podcast are centered on founder stories — what drives someone to take the very difficult leap of trying to build a company, what problem they feel compelled enough to devote their life to solving, and what they learn along the way. But for this milestone episode, I wanted to step back and talk about the thing that ties these stories together… the community itself. And there was no one I’d rather have for that conversation than Chris Heivly. Chris is a serial entrepreneur, early-stage investor, startup community builder, and the founder of Build The Fort. He’s also was a co-founder of MapQuest, a bestselling author, a longtime writer and speaker on entrepreneurship and ecosystem development, and someone whose thinking had a real influence on the direction of Lay of The Land when I was starting it back in 2018…  Chris came to Cleveland in 2018 and shared his assessment of our startup community through Techstars and at the City Club, and a lot of what he said stayed with me and this podcast became my own attempt to act on it. Over the last 250 episodes, Lay of The Land has grown into something much bigger than I originally imagined — not just a repository of entrepreneurial stories, but a kind of connective tissue for entrepreneurship in Cleveland: dozens of events, thousands of introductions, new friendships, mentorship relationships, hires, investments, co-founders, and I’m sure many second- and third-order effects I’ll never fully know about. So for this episode, it felt worth reflecting more directly on this whole journey and linger on how entrepreneurial communities actually form, what makes them stronger, what gets in their way, and what that has looked like here in Cleveland. In our conversation, Chris and I talk about what he saw when he first came to Cleveland, why density and storytelling mattered so much in his original assessment, why founders have to be at heart of it, why confidence is contagious, why you have to build upon your credible strengths…we talk about the Give First mentality, about mentorship, trust, meaningful connection, the limits of top-down ecosystem design, and how cities actually get better. Chris has spent years studying how startup communities form, evolve, and endure. I’m grateful to Chris for joining me, and grateful to all of you who’ve listened, shared, supported, and helped make 250 episodes possible and will help make the next 250 possible. 00:00: Introduction07:40: Ecosystems13:02: Storytelling18:33: Give First24:34: Strengths in Community29:48: Meaningful Connections38:45: Human Complexity43:31: Mentorship48:51: The Role of Capital58:38: A Novel01:04:04: Reflections01:08:54 Outro ----- LINKS:https://www.linkedin.com/in/chrisheivly/https://heivly.com/https://buildthefort.com/City Club Talk: https://www.youtube.com/watch?v=Sc4zWbXURU8&t=2s ----- SPONSOR:Cerity PartnersCerity Partners, a full-service investment and wealth management firm serving high-net-worth individuals, entrepreneurs, and business owners, is proud to sponsor Lay of The Land. The firm has local roots in Cleveland and across Ohio, and like this podcast, Cerity Partners advisors specialize in serving the interests of local entrepreneurs and business leaders. The firm’s national presence means it can offer the resources and specialized knowledge of the largest institutions with the independence and service of a neighbor. The Cerity Partners Cleveland team understands the complexity that comes with wealth, and they adhere to fiduciary standards. Discover the financial lay of your land. Learn more at ceritypartners.com/NPR or call 216-464-6266. Roundstone InsuranceRoundstone Insurance is proud to sponsor Lay of The Land. Founder and CEO, Michael Schroeder, has committed full-year support for the podcast, recognizing its alignment with the company’s passion for entrepreneurship, innovation, and community leadership.Headquartered in Rocky River, Ohio, Roundstone was founded in 2005 with a vision to deliver better healthcare outcomes at a more affordable cost. Over the past two decades, Roundstone has grown rapidly, creating nearly 200 jobs in Northeast Ohio. The company works closely with employers and benefits advisors to navigate the complexities of commercial health insurance and build custom plans that prioritize employee well-being over shareholder returns. By focusing on aligned incentives and better health outcomes, Roundstone is helping businesses save thousands in Per Employee Per Year healthcare costs. Roundstone Insurance — Built for entrepreneurs. Backed by innovation. Committed to Cleveland. Learn more at https://roundstoneinsurance.com/ ----- Stay up to date by signing up for Lay of The Land's weekly newsletter — sign up here: https://layoftheland.ck.page/5f0c1e28fa Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/ Follow Lay of The Land on X @podlayoftheland https://www.jeffreys.page/

    1h 10m
  7. #249 Ken Sobel (Hyperframe) — Constructing The Future

    Apr 24

    #249 Ken Sobel (Hyperframe) — Constructing The Future

    Ken Sobel — Co-founder and CEO of Hyperframe. Ken is an engineer and repeat founder whose entrepreneurial path started early — out of college he launched a fingerprint payments company that predated Apple Pay, which he took through Y Combinator and ultimately was acquired by Visa in 2016. Ken grew up in construction though… recalling memories being in his father’s workshop as a kid — and his longstanding passion for construction coupled with his love of engineering and problem-solving has culminated in an entrepreneurial desire to rethinking of one of the most fundamental parts of construction — steel framing. Through Hyperframe, Ken has taken traditional metal framing process that’s been slow, manual, and largely unchanged for decades, and re-imagined it as a system that’s faster, safer, and far more efficient. Hyperframe’s snap-together framing system, paired with a full-stack software and manufacturing platform, is enabling construction crews all over the world to build walls dramatically faster, with less labor and less strain. What started as a conversation about reindustrialization coupled with a desire and need to massively scale his operations, Ken made the bold decision to move Hyperframe from California to Ohio, where the company is now headquartered and where they are building out their first large-scale manufacturing facility. In our conversation, we talk about Ken’s path into construction, the early insights behind Hyperframe, and what it actually takes to rebuild a physical industry from the ground up. We get into the realities of scaling a hard tech company, earning trust in construction, why he decided to move his whole company and family from California to Ohio, and why Ohio is such an advantageous place to build physical companies. So please enjoy this wide ranging conversation with Ken Sobel. 00:00 — Building for Builders00:54 — Origin Story05:41 — Construction’s Realities06:35 — California to Ohio10:41 — Hard Tech Lessons20:22 — Pain Points32:17 — Innovating the Metal Framing27:11 — Gaining Trust 36:23 — Scaling Up41:47 — Real World Adoption44:08 — Hardest Lessons46:15 — Reflection49:08 — Being in Ohio52:27 — Wrap Up & Ways to Connect ----- LINKS:https://www.linkedin.com/in/ken-sobelhttps://www.hyperframe.com/ ----- SPONSOR:Cerity PartnersCerity Partners, a full-service investment and wealth management firm serving high-net-worth individuals, entrepreneurs, and business owners, is proud to sponsor Lay of The Land. The firm has local roots in Cleveland and across Ohio, and like this podcast, Cerity Partners advisors specialize in serving the interests of local entrepreneurs and business leaders. They understand how to manage the total picture of wealth, both personal and professional. Cerity Partners has a unified team of specialists who collaborate on almost every aspect of a client’s financial life, including business ownership. The firm’s national presence means it can offer the resources and specialized knowledge of the largest institutions with the independence and service of a neighbor. The Cerity Partners Cleveland team understands the complexity that comes with wealth, and they adhere to fiduciary standards. Discover the financial lay of your land. Learn more at ceritypartners.com/NPR or call 216-464-6266. Roundstone InsuranceRoundstone Insurance is proud to sponsor Lay of The Land. Founder and CEO, Michael Schroeder, has committed full-year support for the podcast, recognizing its alignment with the company’s passion for entrepreneurship, innovation, and community leadership.Headquartered in Rocky River, Ohio, Roundstone was founded in 2005 with a vision to deliver better healthcare outcomes at a more affordable cost. To bring that vision to life, the company pioneered the group medical captive model — a self-funded health insurance solution that provides small and mid-sized businesses with greater control and significant savings. Over the past two decades, Roundstone has grown rapidly, creating nearly 200 jobs in Northeast Ohio. The company works closely with employers and benefits advisors to navigate the complexities of commercial health insurance and build custom plans that prioritize employee well-being over shareholder returns. By focusing on aligned incentives and better health outcomes, Roundstone is helping businesses save thousands in Per Employee Per Year healthcare costs. Roundstone Insurance — Built for entrepreneurs. Backed by innovation. Committed to Cleveland. Learn more at https://roundstoneinsurance.com/ ----- Stay up to date by signing up for Lay of The Land's weekly newsletter — sign up here: https://layoftheland.ck.page/5f0c1e28fa Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/ Follow Lay of The Land on X @podlayoftheland https://www.jeffreys.page/

    54 min
  8. #248 Dave Stack — Riches in Niches and Marketplace Development

    Apr 16

    #248 Dave Stack — Riches in Niches and Marketplace Development

    Dave Stack. Dave is an internet entrepreneur and the founder of MusicStack, one of the early online marketplaces for rare and out-of-print music, which he began building out of his dorm room at Ohio State 30 years ago in the early days of the commercial internet. Over the years, he has gone on to build a portfolio of niche vertical marketplaces under the banner of Vertical Commerce, including MusicStack, Bear Pile, Reborns, and BJD Collectors — which has grown to facilitate tens of million in gross merchandise sales. In our conversation, Dave and I explore how a love of music, coding, and selling turned into one of the internet’s early marketplace businesses, and how he kept following overlooked opportunities into passionate collector and creator communities that most people would never think to serve, like lifelike baby dolls and handmade teddybears. We talk about why niche markets can be so powerful, how trust and community become part of the product, the leverage that automation and AI now afford a solo founder, and why Dave chose an intentionally lean and independent path rather than the conventional startup playbook of scale. More than anything, this is a conversation about building durable internet businesses, staying authentic to yourself, and designing a life around work you genuinely love. Dave is thoughtful, unconventional, and deeply true to his own path, and I really enjoyed our conversation — please enjoy. 00:00 Exploring Hidden Opportunities in Niche Markets11:32 The Longevity of Online Businesses16:33 Building Trust and Community in Niche Marketplaces22:55 Automation and Efficiency in Solo Entrepreneurship28:01 Navigating the Chicken and Egg Problem in Marketplaces32:13 Understanding Marketplace Scale and Growth36:42 Authenticity in Entrepreneurship40:57 Community Engagement and Personal Connections51:24 Reflections on Cleveland and Personal Journey56:15 Outro ----- LINKS:https://www.linkedin.com/in/davidjstack/https://www.davestack.com/press.cgi ----- SPONSOR:Cerity PartnersCerity Partners, a full-service investment and wealth management firm serving high-net-worth individuals, entrepreneurs, and business owners, is proud to sponsor Lay of The Land. The firm has local roots in Cleveland and across Ohio, and like this podcast, Cerity Partners advisors specialize in serving the interests of local entrepreneurs and business leaders. They understand how to manage the total picture of wealth, both personal and professional. Cerity Partners has a unified team of specialists who collaborate on almost every aspect of a client’s financial life, including business ownership. The firm’s national presence means it can offer the resources and specialized knowledge of the largest institutions with the independence and service of a neighbor. The Cerity Partners Cleveland team understands the complexity that comes with wealth, and they adhere to fiduciary standards. Discover the financial lay of your land. Learn more at ceritypartners.com/NPR or call 216-464-6266. Roundstone InsuranceRoundstone Insurance is proud to sponsor Lay of The Land. Founder and CEO, Michael Schroeder, has committed full-year support for the podcast, recognizing its alignment with the company’s passion for entrepreneurship, innovation, and community leadership.Headquartered in Rocky River, Ohio, Roundstone was founded in 2005 with a vision to deliver better healthcare outcomes at a more affordable cost. To bring that vision to life, the company pioneered the group medical captive model — a self-funded health insurance solution that provides small and mid-sized businesses with greater control and significant savings. Over the past two decades, Roundstone has grown rapidly, creating nearly 200 jobs in Northeast Ohio. The company works closely with employers and benefits advisors to navigate the complexities of commercial health insurance and build custom plans that prioritize employee well-being over shareholder returns. By focusing on aligned incentives and better health outcomes, Roundstone is helping businesses save thousands in Per Employee Per Year healthcare costs. Roundstone Insurance — Built for entrepreneurs. Backed by innovation. Committed to Cleveland. Learn more at https://roundstoneinsurance.com/ ----- Stay up to date by signing up for Lay of The Land's weekly newsletter — sign up here: https://layoftheland.ck.page/5f0c1e28fa Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/ Follow Lay of The Land on X @podlayoftheland https://www.jeffreys.page/

    58 min
5
out of 5
37 Ratings

About

Telling the stories of entrepreneurship and builders in Cleveland and throughout Northeast Ohio. Every Thursday, Jeffrey Stern helps map the Cleveland/NEO business ecosystem by talking to founders, investors, and community builders to learn what makes Cleveland/NEO special.

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