Mar 7, 2019
Tim Sinclair is the founder of Ringr.com. Ringr allows
you to record a conversation with anyone, anywhere in the world and
have it sound like you are in the same room. Users
of Ringr have interviewed Emmy award winners, New York
Time best sellers, CEOS, athletes and many more.
You may have heard him describing the taste of a Sausage McMuffin, interviewing guests on radio, television, and podcasts, or introducing the world's most popular athlete to a stadium filled with 60,000 screaming fans. By now Tim's voice has been heard by millions around the world and he has worked with companies like Audi, McDonald's, the Indiana Pacers, the University of IL and many more.
Why is it so difficult to have clear conversations using technology like Skype and FaceTime? You’d think that with all of our innovation over the years that we’d be able to speak with someone without all static and interference that accompanies those services. On this episode of Inspired Insider, you’ll hear from radio host and entrepreneur, Tim Sinclair. In his conversation with Jeremy, Tim talks about his where the idea for Ringr came from, how he built his team, what the development process was like, challenges he has faced along the way, and much more. Don’t miss a minute of this fascinating episode featuring Tim’s story!
Did you know that most profitable ideas come from solving a common issue that many people struggle with? It’s true! From the creation of vacuums to other household products like the personal computer, ideas come from someone saying, let’s find a solution. For years, Tim Sinclair was dissatisfied with the sound quality and the lack of clear conversations he could have with guests as a radio host. The idea for Ringr knocked around in Tim’s head for several years until he was finally ready to make his idea a reality, the only problem was, he wasn’t a tech guy.
Soon, Tim went to work gathering a team that could help him come up with the technology that would be needed to facilitate clear conversations on the Ringr platform. Tim knew the problem and he knew how to lead and inspire people, but that was it. Once he got the people in the room who could build Ringr, he went to work connecting with his network and figured out what the next step of the process would need to be. Thankfully, a wealthy friend put Tim in touch with an angel investment group who took a chance on Tim and the fledgling Ringr platform.
After they started to bring in the right people and get the funding they needed to get the idea off of the ground, Tim joined an incubator group called, Ocean Accelerator. This experience with Ocean wasn’t just a class here or there, or even a meeting via Skype, joining the Ocean Accelerator meant that Tim would have to move 250 miles away for the next six months. Talk about going from zero to sixty! Looking back, Tim points to this experience with Ocean as providing critical information he needed to lay the foundation and set Ringr up for long-term success.
Tim’s journey building Ringr wasn’t a stroll in the park; startups never are! Along the way, they’d have to figure out how to price their services and deal with competition. Eventually, Tim and his team landed on a free trial version of their service alongside tiered pricing options. Initially, Tim wanted to provide a free version with unlimited use, but that concept wasn't feasible from a profitability standpoint. Today, Ringr is on solid ground providing clear conversations for thousands of users daily. What can you learn from Tim’s journey with Ringr?
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