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In this episode of GrowthTales, Mike sits down with Shane Murphy, CEO of Ownr, to discuss the fascinating journey of legal tech and entrepreneurship. Shane shares insights into the evolution of his career, the founding of Founded Technologies, and the eventual acquisition by the Royal Bank of Canada, leading to the birth of Ownr. Join them as they discuss the challenges, triumphs, and lessons learned along the way.
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Episode Highlights:
- The Early Days
- Shane provides an overview of Ownr’s mission and its focus on helping entrepreneurs start their businesses seamlessly.
- The discussion explores the significance of the legal industry evolving and the need for technology-driven solutions.
- Founders are Key
- Learn why founders play a pivotal role in a company’s success, with examples like Jordan Boesch of 7Shifts, showcasing the impact of expressive and visionary leaders.
- Challenges and Customer Support
- Shane discusses the importance of building trust with users and the role of the customer success team.
- They explore the early days of the partnership with RBC Ventures, the corporate venture arm of the Royal Bank of Canada, and how it evolved into a successful acquisition.
- Post-Acquisition and Future Plans
- Shane reflects on the dynamics of being part of a large organization like the Royal Bank of Canada and the balance needed to maintain autonomy.
- The conversation shifts to Ownr’s plans for the future, with a teaser about potential expansions beyond legal services.
- Shane shares valuable lessons from his entrepreneurial journey, emphasizing the significance of building the right team.
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