Noah Labhart, Growing a Business from a Minimum Viable Product – InnovaBuzz 301
Noah Labhart, Veryable
In this episode, I’m really excited to have as my guest, Noah Labhart, co-founder and Chief Technology Officer of Veryable and host of the Code Story Podcast.
Veryable is the on-demand labor marketplace for manufacturing, logistics, and warehousing that allows businesses and workers to connect directly. Businesses can gain flexible capacity and quality workers, while Operators get daily pay, flexible work arrangements and diverse work opportunities. It’s a radically different business model, that is particularly valuable in this time of the COVID pandemic.
In our discussion, Noah and I talked about:
- How to have your team OWN and run your projects
- Getting in touch with who you are, then owning it and rocking it and
- How to get new ideas and solve problems by walking away from them for a while
Listen to the podcast to find out more.
Listen to the Podcast
Show Notes from this episode with Noah Labhart of Veryable
Key points and takeaways from this episode include:
- Making sure that your team stays connected is important in doing remote work. Make sure that there are touchpoints where people can connect and talk to each other with that they are working on. Over-communication is extremely important.
- Make sure that everybody in the team is aligned.
- Staying connected as a team and staying connected to yourself are both incredibly important.
- Veryable is an on-demand marketplace for manufacturing and supply chain labour. It’s a technology platform that allows businesses and workers to connect directly with each other.
- Veryable enables businesses to achieve flexible labour capacity, capitalise on revenues opportunities, and lower their administrative burden of not having to bring on full-time or temp staffing individuals.
- Veryable enables workers and operators to put together flexible schedules, diverse work opportunities, expand their skills, and get paid daily.
- You need to have enough workers to attract business, but you also need to have enough business to attract workers.
- It’s helpful to create brand awareness but the real selling point is knowing your ideal client and understanding the problem that you are solving.
- Veryable partners with companies that provide insurance and tax advice for the gig economy. They support their workers through gamification on their platform and create rewards system for them to use the platform. They send workers helpful information to help them manage their contract worker type of life.
- Enable your people and stay connected with them. There’s nothing more satisfying than making yourself redundant.
The Buzz – Our Innovation Round
Here are Noah’s answers to the questions of our Innovation round. Listen to the interview to get the full scoop.
- #1 thing to be more innovative – Just do it. You’ll never know until you do it. There are so many resources at your fingertips that you can take advantage of, and so, there’s very little risk in trying. If you fail, you’ll just learn something that will help you in the next thing you will do.
- Best thing for new ideas – Go analog. Get away from the digital world and go outside. Good ideas come from random places.
- Favourite tool for innovation – Slack
- Keep project/client on track – Status reporting and measuring KPI’s. Break down a project into appropriate chunks and then lay it out strategically so you can execute and measure it. Stay connected with your team.
- Differentiate – Be yourself. Get in touch with yourself, own who you are, and rock it!
To Be a Leader
Be bold in yourself and go do it. Give things a shot.
Noah suggested I interview Courtland Allen of IndieHackers. So Courtland, keep an eye on your inbox for an invitation from us to the InnovaBuzz podcast, courtesy of Noah Labhart.
Cool things about Noah
- He’s also the founder of Touchtap, a digital solutions studio, specializing in creating mobile platforms for startups and entrepreneurs.
- He plays the guitar.
- He reads old calculus books.