{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"NC Tweener Talks","title":"Dr. Doug Kaufman: The TransLoc Story, His Pivot to AI, and Why Every CEO Needs a Coach (part 2)","html":"","width":"100%","height":180,"duration":2566,"description":"What happens after you sell a company you helped turn around?\nFor Dr. Doug Kaufman, it’s a story of new ventures and hard-won lessons.\nIn this second part of a two-part series, Doug discusses his time at TransLoc, a mass transit technology company he helped lead to a successful sale to Ford.\nHe shares how he navigated a challenging acquisition process and the importance of a strong, collaborative board. He also talks about the challenges of his most recent venture, Belongly, including the difficult decision to pivot the business and raise capital in a shifting market.\nNow, as a Duke professor, executive coach, and partner at an AI consulting firm, Doug offers insights on the critical importance of founder mental health and the power of vulnerability in leadership.\nTune in to hear:Why Doug was initially hesitant to get involved with TransLoc, a company focused on \"mass transit technology\".The red flags he ignored when joining TransLoc , and how he turned the company around after discovering it was not financially healthy.How TransLoc expanded its services beyond tracking buses to create a \"mobility network\" and provide data-driven insights to transit agencies.The story of TransLoc's acquisition by Ford , and the delicate process of bringing a Fortune 15 M&A team back to the table after walking away.Dr. Kaufman’s philosophy on how to run a board, including the importance of setting clear roles and fostering a collaborative team environment.A candid account of his experience with his next startup, Belongly, and the painful lessons learned from market shifts and fundraising challenges.The psychological impact of founder ups and downs , and why Dr. Kaufman believes vulnerability is a \"superpower\" for entrepreneurs.Where to Find Dr. Doug Kaufman:LinkedIn: https://www.linkedin.com/in/drdougkaufman/\nWhere to Find Scot Wingo:LinkedIn: https://www.linkedin.com/in/thescotwingo/Tweener Times: https://www.tweenertimes.com/X: https://x.com/scotwingoIn this episode:\n(00:01:00)...","thumbnail_url":"https://img.transistorcdn.com/UEzoK7N1siD9YRaSVBWfZ8B3suSS2aonEIZ5NwBH1Gs/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80NjBh/YWVhZTA4ZTUyY2Fl/MDdhNzQwZWFhNDI4/MDc3Zi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}