Giles Shih - Making an idea into a business

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Giles Shih - Making an idea into a business발음듣기

My father is the co-founder in the company and he is the inventor of the technologies.발음듣기

I have to credit him for being entrepreneurial in the very beginning.발음듣기

It takes a certain amount of vision to see things where they could be or where there isn't anything yet.발음듣기

He was doing some studies to convert poultry waste into energy, biogas energy and he noticed that the feathers that fell into the manure that went into the digester would disappear.발음듣기

And so being an entrepreneurial scientist he said, "There must be some kind of bacteria or microbe "that can digest the feathers."발음듣기

He knew that feathers aren't made out of protein.발음듣기

He had the idea and the brainstorm to take something from nature and use it into some unique and helpful way to grow the industry.발음듣기

From that genesis of that initial project now has spawned 2 products that we sell commercially.발음듣기

As the cost of annual production increases using enzyme like ours saves a lot of money.발음듣기

We thought, well, we're just a small company but we have a unique technology and then we can put some pieces together and just see how far we could take.발음듣기

The idea of trying to do something that was impactful that was what drove me to start the business with my father.발음듣기

I was finishing up my PhD in microbiology at Emory University in Atlanta and just didn't see myself working in the lab for the rest of my career and I wanted to do something that had immediate impact and had value.발음듣기

This seemed to be a good opportunity and I figured well, how hard can it be compared to graduate school?발음듣기

Turns out it's hard in a different way but it has been a very good process for us to go through.발음듣기

One of the unintended consequences of running this business starting with my father and growing into this stage is that we have developed a new found respect for each other, a new relationship that isn't often achievable between a father and son typically.발음듣기

And I won't lie, there was some difficult points especially in the beginning of the company where we had to make a lot of quick decisions without a lot of information, without a lot of experience and it was almost based on opinion and god, we would often have differences of opinion.발음듣기

We can joke about this now.발음듣기

I would go over to my parents house for dinner on Sunday evening and we used to call them the Sunday night fights because invariably we'd start talking about business for BRI and have differences of opinion and start to get more and more heated and my mom would have to step in and settle us all down a bit.발음듣기

What made us successful is that we put it out there, we didn't hold any strong resentment or hard feelings against each other.발음듣기

What we were all doing was trying to go forward and do the best for the business.발음듣기

I never took a business course ever before I started the company and I just learned by doing and being persistent and diligent and being honest about what I could and couldn't do.발음듣기

I tell people that you just need to get started.발음듣기

Just go and do it and you learn as you go.발음듣기

The other part of it is working with my father and being able to take something that's essentially a family business and grow it and scale it to something that is now beyond the scope of what we ever thought was possible.발음듣기

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