Skin in the Game | Joe Schmidt | Athlete CEO with Erik Averill and Brandon Averill

Athlete CEO Podcast  

Skin in the Game 

Guest: Joe Schmidt, Former Notre Dame football captain, investor in Accel, a venture capital firm and he now runs strategy, sales and partnerships for Ethos Life.

Twitter @joeschmidtiv 

2:01

Brandon Averill on Ethos Life disrupting the life insurance model and the need for disruption in the insurance industry.

2:58

Erik Averill on the transition for Joe on moving from being an investor to an operator within a company and how much skin in the game changes the approach.

4:20

Similar to working with consultants, you can only learn so much as an investor in a company. 

5:20

What exactly is Ethos, and what exactly are you doing there?  

Ethos LIfe is a next generation life insurance company that flips the archaic way of buying and selling life insurance on its head. There is a massive coverage gap with people who should have life insurance, but don’t because the process is so archaic. The goal of Ethos is to help and protect the next million families looking for life insurance.

7:00

The reason Ethos Life is attacking the life insurance market is to flip the current archaic model.

Joe Schmidt: “When it comes to life insurance, you have these companies and distribution models that really have not changed in 150 to sometimes close to 200 years.

11:10

What are the differences between the investing side of business and the operating side of business, and what are some of the challenges that Joe faces?

13:45

How did Joe Schmidt end up at Accel and how did being an athlete work in his favor?

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For more information visit: https://awmcap.com/