Providing Game-Changing Consumer Data with Mike Steely of Veriphix
- Author
- Bentonville Economic Development | Greater Bentonville Area Chamber of Commerce
- Published
- Mon 26 Dec 2022
- Episode Link
- https://share.transistor.fm/s/69a6707e
Summary
On this episode of The Bentonville Beacon, host James Bell is joined by Mike Steely, Commercialization Officer at Veriphix. Veriphix is a behavioral dynamics platform that leverages behavioral science and machine intelligence to empower individuals to turn chaos into creativity. Along with his role at Veriphix, Mike is an Arkansas startup champion and angel investor focused on identifying innovative ideas that can be molded into investable companies. Throughout the episode, James and Mike discuss Veriphix’s experience with Fuel Accelerator, why Bentonville is an optimal place to establish startups and how to prepare startups to become enterprises.
Thanks for tuning in!
Show Notes:
(0:53) Introduction to Mike
(3:05) History of Veriphix
(6:11) Veriphix’s Experience with Fuel Accelerator
(8:54) Getting Enterprise-Ready
(13:39) A Day in the Life at Fuel
(15:56) Bentonville’s Entrepreneurial Environment
(22:52) #Bentonville Story
(30:25) Bentonville Favorites
(36:19) Why People Should Visit Bentonville
(40:43) Advice to Entrepreneurs
(47:20) Most Memorable Moment
(50:22) Closing Questions
Links
Bentonville Economic Development
Mike Steely, [email protected], (501) 410-3394
University of Arkansas Bentonville Collaborative
Crystal Bridges Museum of American Art
Plug And Play Tech Center Northwest Arkansas
*Artificial Intelligence & Machine Learning
Quotes
“I would tell a founder, ‘If you don’t have a lot of enterprise experience, there’s nowhere better you can come to learn than Fuel because you’re living and breathing it everyday.’ Because of all the mentors that are brought into the program, you’re living and breathing how a major corporation makes decisions” - Mike Steely, (9:36)
“If you want me to give you a secret sauce to why we’re positioning ourselves here, we can talk about lifestyle and other things, but number one is I can get business done here more efficiently.” - Mike Steely, (18:22)
“...from a business standpoint, and even from a personal one, what people don’t understand about this area is that there is a mentality in this city that is ‘rising tides lift all boats.’ That means everyone you bump into and have a meeting with is truly interested in what you’re doing.” - Mike Steely, (32:46)
“You’re not going to leave [Bentonville] thinking you have wasted your time because there’s not a person I know that has come to the area that hasn’t enjoyed the experience.” - Mike Steely, (37:46)
