I'm your host, Brian Kelly, and today, we've got a very special guest. Chesley Sullenberger, is also the CEO and co-founder of Red Ventures, TPG's parent company. Ric Elias Things Ric Elias Does Differently Now Before Maria, there were a lot of crypto startups, and I remember hearing about a lot of people were moving businesses. *If you enjoy this podcast, you are sure to enjoy 3 Things with Ric Eliasa podcast that gleans insights from remarkable people and hosted by Ric himself (Listen on Apple Podcasts, Spotify, or Google Play)*, Subscribe to The Drive: APPLE PODCASTS | RSS | GOOGLE | OVERCAST | STITCHER. Shares have increased more than 3,000% since then, and the company sports a $47 billion market capitalization with about $1.1 billion in latest 12 month revenues. We unite through experiences. He launched the company in 2009 after noticing five Brazilian banks controlled 80% of the market and were charging high fees for basic financial products. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. I've been to a couple of their multi million dollar homes and it is rather surreal. #249 How the brain works, Andrews fascinating backstory, improving scientific literacy, and more | Andrew Huberman, Ph.D. movies depicting minor league hockey teams. Its also about a 26-minute drive from the old Eastland mall site, where Tepper plans to build an MLS headquarters. So Golden Door Scholars, which you mentioned, is a scholarship and mentorship program for undocumented kids, DACA kids. He is a friend and a mentor to me, and I guess technically -- actually not technically -- he is my boss. Ric Elias A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GEs Financial Management program. WebRic Elias is CEO and co-founder of Red Ventures, a portfolio of digital companies headquartered in Charlotte, NC. Brian Kelly: Were you trying were people trying to use their cell phones? It's very competitive. The one I heard executives refer to most was Everything Is Written in Pencil, a motto that makes sense for a company that has changed almost entirely from its marketing origins to become a leading purveyor of service journalism. We'll leave it there. [ted.com]. What would you say to someone like me who wants to do both things? Brian Kelly: So you get home that night. and our And it's amazing what happens when you're not suffering. We also talk about his incredible role as CEO of an enormous company, his remarkable work in philanthropy, and all the wisdom he has acquired in his extraordinary life. He cofounded Red Ventures I was in a great seat because I can see the flight attendants. Her experience wasnt uncommon. Red Ventures CEO signs pledge to Ric Elias: It's neat. The causes close to the hearts of this years signees range from improving early-childhood education in India to wildcat preservation. Ric Elias Its about a 24-minute drive to Bank of America Stadium, and a 28-minute drive from where the new Panthers headquarters facility will be in Rock Hill, just off I-77. 'We in our evolution cant process death. Ric Elias Ric Elias He and his wife, Brenda, are passionate about economic mobility for underserved young adults. Ric Elias: Kind of as we're coming down, and I'm counting down in my head. The latter made him a billionaire after it went public in October 2018. He is devoted to using his platform to "leave the woodpile higher than he found it" -- spinning out multiple nonprofits from Red Ventures over the years, all of which are aimed at creating educational opportunity and economic mobility for under-served groups. Ric Elias Ted Talks A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GEs Financial Management program. And I often think if we just viewed our success as a responsibility to do our jobs and not as a privilege, I think life will be a little better for everybody. And I know we're super excited about some of this stuff that you've got coming out on your app and all these things. Their plane's engines had failed and the flight was attempting an emergency ditching on the Hudson River just moments after takeoff. Ric Elias Ted Talks A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GEs Financial Management program. Ric Elias: So the first phase is they're going to move back with some of our smaller digital assets that they will run out of there, and then we're going to look at opportunities to start from there, including some stuff in tourism. Comments including unnecessary profanity will be deleted. If youve heard of Mr. Elias, its probably because youre one of the eight million people who have watched the video of his TED Talk, 3 Things I learned When My Plane Crashed. On the top floor of the main building on the Red Ventures campus, he pointed to his own blurred shape in a painting of passengers walking onto the wings of the Charlotte-bound US Airways Flight 1549, the jetliner that made an emergency landing on the Hudson River in 2009, the so-called Miracle on the Hudson. Mr. Eliass seat was 1D. This is hand up. Ric Elias is CEO/Co-Founder at Red Ventures. All rights reserved. It shouldn't be an or. But an important element is we're a private company, we have no desire to go public, and that gives us a level of freedom to do things that other companies can't do. Their company became one of the worlds most valuable startups in September when it raised $200 million in new funding at a valuation of $40 billion. I think Puerto Rico Brian Kelly: There's a tech hub too in San Juan, right? And I don't know why do we lower ourselves to settle into what party are we from, what race are we from. Brand and trust are at the core of everything that we do, said Courtney Jeffus, the president of the companys financial services division, which includes Bankrate. So we own about 30 different kind of digital properties, The Points Guy being one of them. Carolina CEO sues over windows, doors in [6], In 2015, the company got a $250 million investment from Silver Lake. Brian Kelly: Did you really go from the Hudson back to LaGuardia? I don't have anything. A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GE's Financial Management program. Update: A previous version of this article incorrectly stated that there were 16 new members of The Giving Pledge in 2020. Elias was on Flight 1549 when it unexpectedly landed unhurt on the Hudson River in 2009, an event he claims transformed his life. Elias was on Flight 1549 when it unexpectedly landed unhurt on the Hudson River in 2009, an event he claims transformed his life. And we helped a lot of brands kind of become digitized in their acquisition. He cofounded Red Ventures in 2000, just months before the dot-com bubble burst. I hear you are Concierge Key for American Airlines, but they recently kicked you out. And we have about 350 of these kids now over the last seven years, and our graduation rate is 99%. Ric Elias: And the first thing they hear. That has helped push the pendulum back toward the old-fashioned idea of connecting with readers seeking information relevant to their lives, whether its a Field & Stream article on the latest fly rods or a Healthline guide to Crohns disease treatments. Other tricks were more ingenious. The retired president of Abbott Laboratories, where he served as president and COO until 1989, Jack Schuler is a prolific healthcare investor, with stakes in at least 10 publicly traded and privately owned biotech companies. And eventually we launched a campaign called Rebuild Puerto Rico. There's a startup community there. And I've had the greatest run in my marriage, any marriages ever have. You know what he said? Red Ventures Ric also has a really interesting past as an ultra-frequent traveler and was on one of the most historic flights in history. This $2 Billion Business Swears By the 'Pencil The purpose of comments on our site is to expand knowledge, engage in thoughtful discussion, and learn more from readers. Red Ventures, for instance, plans to steer readers of Healthline to doctors or drugs found on another site it recently acquired, HealthGrades, which rates and refers doctors. In 2018, Elias launched Forward787, a social enterprise committed to raising and deploying $100 million to build businesses in Puerto Rico that compete with the world's top companies. You can also follow Ric and Red Ventures on social; @ricelias and @redventures on Twitter, @_ricelias and @redventures on Instagram. Red Ventures has turned very specific advice into very big business. Its about a 24-minute drive to Bank of America Stadium, and a 28-minute drive from where the new Panthers headquarters facility will be in Rock Hill, just off I-77. This content promotes schools with which Red Ventures maintains affiliate agreements, such as University of Phoenix (a for-profit college owned by Apollo Global Management) and Liberty University (founded by conservative activist and Baptist pastor Jerry Falwell). Still reeling from the catastrophic incident, Ayers said he turned to philanthropy as a sort of mental therapy. Sitting on the hospital bed, its what gave me the purpose and what gave me the strength to get through the challenges, he told Forbes in a phone interview. 05:11 Elias: It doesn't matter. And I had this feeling of the rebirth of Puerto Rico. The Giving Pledge Gains 14 New MembersHere Are And many thanks to our guest, Ric Elias, co-founder and CEO of Red Ventures. Ric Elias: Thanks for having me. Ric Elias Contact an All American Speakers Bureau booking agent for more information on Ric Elias speaking fees, availability, speech topics and cost to hire for your next live or virtual event. The talk of planes prompted me to ask Mr. Elias how he got back to the Carolinas after the Hudson River landing. Ric Elias And I heard Danny once said about culture that it's like a shark. Ric Elias A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GEs Financial Management program. Brian Kelly: That's great. This was a pretty high-tech form of digital surveillance in those more innocent times. The company does offer a maxim-happy workplace, though, with inspirational slogans printed on the walls of its atrium in cheery fonts. #252 Latest insights on Alzheimers disease, cancer, exercise, nutrition, and fasting | Rhonda Patrick, Ph.D. Cognitive Health & Neurodegenerative Disease, #251 AMA #46: Optimizing brain health: Alzheimers disease risk factors, APOE, prevention strategies, and more, #250 Training principles for longevity | Andy Galpin, Ph.D. (PART II). They wear their emotions on their sleeves. It was about three o'clock. Comments that attack an individual directly will be deleted. Most employees dont receive equity in the company, and lunch isnt free, just subsidized. So on that plane ride I said, "You know what? CHARLOTTE, N.C. (AP) The CEO of a marketing and technology company has gone to court over what he says are faulty custom-made steel-and-glass windows and doors in his $16 million Charlotte home. Elias has cultivated an award-winning company culture, ranking as a "Best Place to Work" in Charlotte, North Carolina, for ten years in a row. And I think because we're U.S. citizens, when you're born there, it's really easy to get on a plane, and many people have family here or in Orlando or in other places, so it becomes a much easier immigration story than it will be in other countries where it's not as easy. I didn't know his name at the time. So when prospective customers called, Red Ventures knew exactly what they had been looking at on the site, which gave the agents what they needed to make personalized sales pitches. Elias was on Flight 1549 when it unexpectedly landed unhurt on the Hudson River in 2009, an event he claims transformed his life. Two of the three cofounders of design unicorn Canva, Perkins and Obrecht are worth an estimated $6.5 billion each. Ric Elias WebRed Ventures was formed on September 29, 1999, in Fort Mill, South Carolina by Ric Elias and Dan Feldstein. [1:35:30]; What is the most challenging part of your business today? So we have this very long clock, and what is unique about that is that it allows us to behave differently. We are going to do this and continue to do this for a long, long time. He got hit in the head. Safe travels, Ric. Ric Elias: Yeah. WebRic Elias was given the gift of a miracle: to face near-certain death, and then to come back and live differently. A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GE's Financial Management program. Brian Kelly: And in terms of the future, where do you see Red Ventures in several years? Courtesy Red Ventures. This site does not include all credit card companies or all available credit card offers. Ric, I just want to say thank you for, like I said, being a mentor and a friend to me and truly breathing a lot of fresh new life into The Points Guy. So we wiped him out. Become a member today to get access. Sports stars? Ric dives deep into how that day impacted his life, greatly changed his perspective, and improved his relationship with his famil Ric Elias: So I got, like, 2.5 million miles in American, and it's because I was doing this monthly trip to Tokyo when I was in my early 20s. And they're thinking it's terrorism. I know at The Points Guy, we've had 787 cohorts, and the level of energy that they bring to the business is amazing. Their plane's engines had failed and the flight was attempting an emergency ditching on the Hudson River just moments after takeoff. You can listen to this episode above, or find it wherever you get your podcasts! Ric Elias: They usually start with a phone call on a Saturday where I call somebody who goes, "I have an idea." Founder, Chairman and CEO of BDT & Co. (Byron Trott), Byron Trott launched the Chicago-based advisory and private equity firm BDT & Co. in 2009 following a long career at Goldman Sachs, where he worked his way up from stockbroker to vice chairman. She had just heard the captain say: "Brace for impact." And I dont think we have anything to celebrate or tell..

Rogue River Natural Bridge, Sec Network Commentators Today, David Barby Fall On Antiques Road Trip, Joint Base Camp Bullis, Cardiff University Grading Scale, Articles W