The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. I never drink coffee. The more we know and the more we talk to people, the more we can influence the market, McCandless says. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. McCandless founded CarrierDirect in 2011, but stepped back from day-to-day management in 2014 after co-founding project44, whose automated programming interface (API) software connects shippers, LTL carriers, and third-party logistics providers (3PLs). This documentary-style series follows investigative journalists as they uncover the truth. It was a much safer environment and let me focus on school. Moreover, he is an active . }); googletag.cmd.push(function() { An example of data being processed may be a unique identifier stored in a cookie. Its the perfect project to serve as ournamesake. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. NOW WATCH: Customers expect CEOs to take action against climate change now more than ever, Unilever executive says, raising more than $300 million in two rounds. 130 E. Randolph St. Las Vegas or Rocky Mountains? Continue with Recommended Cookies, Your email address will not be published. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. I'd rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million . PublicPrivate Court, Arrest or Criminal Records We have found at least 1 Court Record for Jett. Project44 has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist Ocean Insights. He produces and co-hosts the hit podcast and FreightWavesTV show, WHAT THE TRUCK?!? Learn More. With ateam of industry experts, technology visionaries and ambitious individuals, p44 is powering real-time, transparent and optimized shipping experiences. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. In January 2022, project44 received a $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. You cannot be great, you cannot accomplish anything amazing if you live your life in fear that youll have a failure or a mistake, McCandless says. Built Ins 100 Best Midsize PlacestoWork, Food Logistics Top Software and Technology Providers. Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. Fill out the form below to speak with avisibility expert. Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. The company is growing fast. If I'm not careful I could get too busy making a living to live my life. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . I dont like that option. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. Stay up to date with what you want to know. The core of our business model is we help good companies become great. Additionally, a person in the media and marketing would probably make about $100,000 and $90,000, respectively. Jett McCandless, Project44 Inc: Profile and Biography - Bloomberg Markets Bloomberg Sign In Subscribe Live Now Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively. googletag.pubads().enableSingleRequest(); Copyright 2023. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. They make $150,000 or $300,000 a year, but the idea that they would start their own business and it might not work is too risky for them. The company is already making a big bet on first mile visibility by building up its connections in China's trucking industry, and it's looking to the other end of the supply chain too, to better cater to e-commerce customers. The Most Powerful Women In Chicago Business. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. To top it off, he broke his back in a motocross accident. Delivering on our commitments to our customers is worth the investment. I would go wakeboarding. I just don't need something that calls my name every morning. I can help them leave their legacy. TV Shows. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Click below to see everything we have to offer. As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. 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Terry T Mccandless, Marylou L Moris, and two other persons are connected to this place. Jett McCandless is Founder and CEO of project44. Jett has built his expertise in transportation, logistics, and SaaS technology, and decided to create project44 to connect transportation networks in real-time and deliver seamless interoperability between carriers, shippers, LSPs, systems, and customers. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. When youre a small business, you own your job and you dont own a company. The consent submitted will only be used for data processing originating from this website. We make supply chains work. McCandless says he gets incredible loyalty and drive out of his people who must put in the effort to earn the reward. Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. building up its connections in China's trucking industry. Pretty sharp contrast to have happened in 45 days. Sign up to receive advice from business professionals, or register for information on our networking events near you! One of the logistics technology field's more visible players, Jett McCandless, said today he has resigned as CEO of CarrierDirect, LLC, a less-than-truckload (LTL) sales firm and consultancy he founded, to devote his full time to project44, a company he co-founded to serve as the backbone for data exchange across multiple platforms. My mom remarried and we moved to Naperville when I was in high school. Click here to get the full experience on your screen. My marketing and sales skills also were pretty weak. window.googletag = window.googletag || {cmd: []}; 4,957 executive movements have been recorded in the last 12 months. That's an unusual first name. Missing Crain's in print? Were you inspired? The residency of Jett is at 3602 140th Avn NE, Bellevue, WA 98005-1448. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. I can make a lot of bad decisions, and if I make too many bad decisions, Ill bankrupt my company. The Chicago-based startup specializes in bringing much-needed visibility to the traditionally opaque world of shipping container movements. Jett A McCandless, age 60s, lives in Scottsdale, AZ. Missing Crain's in print? Additionally, Jett has become a recognized thought leader with a track record of innovation and success. A great broker is worth between 9-12 EBIT so what . Menu. But I've got a girlfriend, four houses and I make sure my liquid assets are in the seven digits. Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. googletag.pubads().enableSingleRequest(); I hope I have more vision than that. Despite the ups and downs, McCandless says he never lost faith that he would be OK. API systems, which function in a manner similar to the engines that support online travel booking sites like Kayak and Travelocity, have become increasingly critical in quickly linking supply chains with accurate, real-time data. I can just figure out a different way to do it. Jett has two decades of experience working in the transportation and logistics space, guiding multiple startups from ideation stages through to growth and scaling. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. Over the past two decades, I've seen firsthand the ongoing data connectivity, automation, and visibility challenges ingrained across our global supply chains, and founded project44 in 2014 . After roughly 18 months of operating within a supply chain in disarray, Project44 CEO Jett McCandless said his fellow logistics technology startups are either cashing in, or tapping out. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Loaded & Rolling (Enterprise Fleet News/Analysis). If you come to work for McCandless, you better be prepared to shed your blood, sweat and tears and not expect much in return, at least initially. 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Here's what they'll be after. I pay my mom's mortgage and I bought her a car. Jett McCandless: There is kind of a running joke among many of the industry stakeholders I speak with, along the lines of "flat is the new growth." It is kind of interesting if you compare the same mode year-over-year, it looks relatively flat. At 34, he calls himself a "grandpa" compared to his staff. He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. In 1953, Highway 44 opened as Rte. He's building a dedicated M&A team. After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . The company generates more than $100 million in annual recurring revenue (ARR), the largest SaaS generation 2 . McCandless cites studies that show many entrepreneurs came from backgrounds like he did where they had very little growing up, but made themselves into a success. He got his start in the trucking business on the. Their latest investment was Pre Seed Round - Interstate Health Systems on Nov 16, 2022, when Exits Number of Exits 1 Jett McCandless has 1 exit - Baton. EN. McCandless hitchhiked his way to Montana, where he went to college. Since day one, weve never wavered from our vision of enabling amore successful and productive world. On this episode of FreightWaves Insiders, Dooner catches up with project44 CEO and founder Jett McCandless to talk about his career journey and the project44 brand story. . Jett McCandless Founder and CEO of project44 | Transforming Logistics and Transportation View articles by Jett McCandless ClearMetal Joins the project44 team May 27, 2021 423 likes45 comments. Make sure you dont own your job, McCandless says. To date, we have received numerous awards for our Advanced Visibility Platform, were named #1 on the 2022 FreightWaves FreightTech 25 list, and have expanded globally by acquiring leading visibility providers like GateHouse Logistics, Ocean Insights, ClearMetal, andConvey. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). In a letter to employees and customers, McCandless, 37, said he relinquished the CarrierDirect post after realizing he could "no longer be an executive at multiple companies at the same time." About. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Jett Mccandless is one of the most popular faces on the globe. Nowadays, people have started supporting his work and other things. The colleagues of Jett McCandless. WTT is ranked in Apple Podcasts top-20 Business News podcasts. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. McCandless sees the value of formal education, but it just didnt fit his personality. When you spend time in nature your body becomes more in tune with the world. googletag.cmd.push(function() { If you have any expectation other than that is part of what is going to happen, you are setting yourself up to be a total failure., McCandless got his start in business at the age of 12 mowing lawns in his neighborhood. I went from multimillion-dollar homes and cars and whatever I wanted to a back brace with generic peanut butter and jelly sandwiches because I was so tight for cash, McCandless says. Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. You plan to play hooky. 66s first major bypass. I pay my people hardly anything when they get started, McCandless says. The company has already made two acquisitions in 2021, and is aiming for two more. "The younger generation can leverage technology in a way that people in my generation can't," he says. After years of running successful supply chain start-ups, his passion for logistics and technology led him to launch project44, the only 100% digital supply chain visibility provider. Jett McCandless Founder and CEO of project44 | Transforming Logistics and Transportation Wilson, Wyoming, United States 21K followers 500+ connections Join to follow project44 About project44. There are companies getting close like Worldwide Express coming up on $700 million in revenue. Sign up for notifications from Insider! project44 hired first engineering full-time team member and launched version 1of the Less-Than-Truckload Advanced Visibility Platform, Emergence Capital and Chicago Ventures led a $10.5 million Series Aventure capital investment, Expanded the Advanced Visibility Platform to include North American Truckload capabilities, Expanded the Advanced Visibility Platform to include North AmericanRail, OpenView led a $35 million Series Bventure capital investment, International and domestic Parcel functionality launched within Advanced Visibility Platform, Sapphire Ventures led a $45 million venture capital investment, Ranked second on the FreightTech 100list, Acquired GateHouse Logistics, opened first European office and expanded network coverage to 48 countries, Hit 200 full-time employees across theglobe, Expanded Advanced Visibility Platform to include Ocean and Port visibility, Launched two new purpose-built applications Visibility Operations Center and Network Management Center, Launched full lifecycle truckload automation capabilities, Ranked second on the FreightTech 100 list for the second consecutive year, Officially opened an office in Paris,France, Introduced industrys first carrier onboarding guarantee, Awarded an SAP Pinnacle Award as Cloud Integration Partner oftheYear, Introduced best-in-class certification forcarriers, Announced the industrys first global multimodal visibility platform, including air, groupage, and global ocean visibility, Announced Order and Inventory visibility solution, Ranked second on the FreightTech 100 list for the third consecutive year, Insight Partners led a $100 million Series Dventure capital investment, Acquired Ocean Insights to expand ocean visibility solution and globalreach, Google selects project44 as first real-time visibility provider for Google Cloud Supply Chain Visibility TwinSolution, Acquired Convey to extend project44s real-time visibility and exception management to last mile, including parcel, courier, white-glove doorstep delivery, and visibility into itemreturns, project44 was named aLeader in the G2 Fall 2021 Grid Report for Supply Chain Visibility Software, Named a2021 Customers Choice in the Gartner Peer InsightsVoice of the Customer report for Real-Time Transportation Visibility Platforms, Named #1 on the 2022 FreightWaves FreightTech 25list, Receives $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. Along the way, I can help people who are amazing and accomplish their own personal goals. TV Shows. Jett Kain's Net Worth. I get challenged by a lot of other CEOs, McCandless says. He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. Jett McCandless 4d Report this post . the company grew to $35 million in revenue and now has $3.5 million in net profit. Jett's reported annual income is about $30 - 39,999; with a net worth that tops $25,000 - $49,999. Today, McCandless is once again riding high as founder and CEO of CarrierDirect LLC, a consulting and sales company in the transport and logistics industry. googletag.pubads().collapseEmptyDivs(); Movies. Follow FreightWaves Insiders on Apple Podcasts About 1 in 1,000,000 are are probably worth over $2b (and yes, I pulled that statistic out of my butt, lol). }); Dooner is an award-winning podcaster, content producer and host who is currently the director of audio at FreightWaves and the creative director of Back The Truck Up. As of 2022, Sanni McCandless's net worth is $100,000 - $1M. I could go and sell 20 percent of CarrierDirect for $2 million, McCandless says. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. That is going to be interesting to watch. He also writes a newsletter of the same title with over 10k subscribers in the supply chain and trucking niche. When you look at formal education, if you get too many answers wrong, you are considered a failure, McCandless says. Marketing and sales skills also were pretty weak type jett mccandless net worth investor the person is ( e.g to get full. 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