0:00
She says, "Look, I was there when he came into this world. If he's leaving this world right now, I'm going to be in that room." She runs and gets the
0:05
doctor. The doctor comes in and says, "He's not getting oxygen to his brain." Like, she immediately calls in a crash team. They rush me down to surgery. I
0:12
come out of surgery and they say to my mom, "The good news is we figured out what it was. It's a bowel obstruction
0:19
and we removed it. The bad news is his heart rate is continuing to plummet and we don't know why and he's in critical
0:25
condition." Nurse says, "I'm sorry. You can't come in. This is very serious. She says, "Look, I was there when he
0:32
came into this world. If he's leaving this world right now, I'm going to be in that room." My desire to contribute to
0:37
the greater good comes back to my childhood, my parents example. I grew up
0:43
in this place called Lagouna Gal, which is kind of this middle class area in Southern California, but I was on a basketball team based out of Compton.
0:50
Um, and my friends there had much more difficult, challenging lives. So, I split my life between two worlds as a
0:56
kid. Mh. Um, and I saw the opportunities that my friends at home had versus my friends on the basketball team had, and it just
1:03
made me want to figure out something in the world that could contribute. Didn't believe this kind of false choice that
1:09
you have to choose between making money and helping people. Um, and so I wanted to start a business
1:16
that could do both. Hello and welcome to another edition of City Am's Boardroom Uncovered with me, John Robinson. My guest for this episode
1:23
is Matt Pollson, the co-founder and CEO of OM Amaze. The company is best known for its luxury prize draws, which has
1:29
seen participants win grand mansions for as little as £10 per ticket. Matt helped set up the business before suffering a
1:36
heart attack in 2018. And the California native now calls London home as he works to expand Omaze across the UK and into
1:43
Europe. So, what does the future hold for Omaze? And how does Matt's near-death experience shape his approach
1:49
to work and life? Without any further delay, let's dive in. Well, Matt, thank you so much for coming
1:55
on the show. It was really good to meet you. Um I suppose there's only one way to start really and
2:00
there's a really a very real possibility rail real world where you're not here.
2:07
You know that you've got quite the backstory which I've never come across before. Could you tell us about what
2:14
happened to you? Yes. Um, I had a near-death experience
2:19
where I flatlined for four and a half minutes and they basically declared me dead and then they brought me back.
2:25
You just shook it off. They shook it off. I, you know, they brought I mean, a lot of people deserve
2:31
a lot of credit. But yeah, the backstory was that I was I was supposed to die when I was born. My stomach was twisted in a knot when I was born. And they did
2:38
this surgery then to save me. And then the scar tissue from the surgery
2:43
freakishly broke off all these years later, 40 years later
2:48
and created this bowel obstruction. And we didn't know what was happening. And
2:54
my stomach just over the course of a couple days went from looking like it
2:59
was normal to three months pregnant to six months pregnant to 9 months pregnant. And then I called my buddy
3:05
who's a doctor and said, "Hey, you know, I look like I'm nine months pregnant. What should I do about that?
3:10
I'm throwing a part at night. Do I need to go to the hospital?" And he said, "You should go to the hospital." Um, so I went to the hospital and they did all
3:17
these tests and they couldn't figure out what was going on. And our COO came, her
3:22
name was Helen, because we were supposed to meet. My parents came, did more tests, and they said, "We don't
3:28
know what this is and we think it's gonna be okay. We're going to you guys go home. We're going to keep
3:35
Matt overnight and if he's not better by the morning, then we'll do surgery then.
3:41
And so Helen, the COO, drives home to her house. It's probably midnight at this point. She's been at the hospital
3:47
all day with me. And she pulls into her driveway and she goes to get out of her car and something tells her to go back
3:55
to the hospital. Some kind of voice really. And she's British and a COO and very
4:02
serious. She's not like a Venice Beach, listen to the cosmos type person. Right. Right. Right. She's not checking
4:07
your Aurora out. Yeah. Exactly. Exactly. Yes. It was very out of character. She's not one of us kooky Californians. Um but she,
4:16
you know, the voice was undeniable as she said. So she drove back and if she hadn't driven back, I would have
4:22
probably died 45 minutes later. And he gave her a raise. I gave it
4:28
raise. Yeah. $1 an hour raise. Yeah. Um Yeah. So, yeah. So, she she'd come back.
4:35
She had seen that the my blood pressure had plummeted. She went and got the
4:41
nurse and said, "Look at this. This looks really bad." The nurse says, "That can't be right. He wouldn't be getting
4:46
oxygen to his brain." The nurse goes and gets another test. He does another test. Gets the same result. And she says, "No
4:53
more tests. Like, we need a doctor." She runs and gets the doctor. doctor comes in and says,
4:58
you know, takes one look and says we like he's not getting oxygen to his brain. Like she immediately calls in a
5:03
crash team. They rush me down to surgery. I come out of surgery and they
5:09
say to my mom, "The good news is we figured out what it was. It's a bowel obstruction and we removed it. The bad
5:15
news is his heart rate is continuing to plummet and we don't know why and he's in critical condition."
5:24
So, a couple hours pass, my mom goes downstairs to get my dad, my brother, and she's coming back up the elevator,
5:31
and she hears over the loudspeaker code blue in room 437. And my mom works in a
5:37
hospital, and so she knows that means flatline. Yeah. And she knows that's my room.
5:43
So, she gets out of the door and she starts running down the hall and she
5:48
gets to the the door of the the operating room and the nurse says, "I'm sorry. You can't come in. This is very
5:54
serious." She says, "Look, I was there when he came into this world. If he's leaving
5:59
this world right now, I'm going to be in that room." I read that for doing research for this for this interview, and I got quite
6:05
emotional actually reading that account. Just the idea of your mom just forcing her way in to see her son is that must
6:14
stick with you. I think she unlocks some kind of, you know, parents have a superpower when it
6:19
comes to saving their children, especially moms. M um and I think she tapped into something
6:25
that was kind of beyond her and that continued to persist, you know, cuz she got in that room and the I was flatlined
6:33
like right on the table like immediately right in front of her and they were doing the compressions and they were doing the defibrill
6:40
that you know the electric paddles and my body was bouncing up and down but I wasn't responding
6:46
you know and she she started to crumble in that moment. It's one thing to lose a child. That's another thing if it's
6:52
right there in front of you when it's happening. Yeah. And at the same time, my dad was outside with my brother and this doctor came out
6:58
and said to another brother or said to another doctor, sorry, in front of my brother, "Hey, I think we lost this guy.
7:05
I think he's gone." And so my brother pushed my dad in the
7:11
room and said, "You got to be there." And so my mom's kind of faced this way to the right towards me and my dad's
7:18
coming from her left and he's crying so loudly that she turns from me to him to say, "Hey, you got to
7:26
like shut shut the up. Kick us out of this room." Um, and when she turned,
7:32
she said she saw something that had this almost
7:39
spiritual impact on her. And what she saw was every nurse
7:44
and every staff member and every doctor in the ICU had just gravitated outside
7:50
this window. And there was like 40 of them. And she said, "They look like this silent church
7:56
choir just sending in positive energy." Well, it obviously worked because you're
8:02
here. Yeah. And fully recovered. Yeah. Yeah. It's absolutely incredible.
8:07
I can't imagine though that it's not something that you don't think about multiple times a day. It's such a huge
8:12
thing to have happened to somebody. It's really wild. Um it's sometimes hard
8:19
to wrap your head around that that's your life story. you know, I I never of
8:25
all the things I could thought think could happen in my life, that was never even something I would consider.
8:31
Um, and yeah, it does. It lives, you know, it happened seven years ago next week. And I
8:38
don't think there's a day that has gone by where I didn't think about it. Um, you know, it's really like I had a whole
8:43
come back to the light experience. It took me a long time to wrap my head around it all.
8:49
Um, and so it changes you. It changes your perspective in pretty fundamental
8:54
ways. How has it changed you?
9:00
It's changed me in a lot of ways. It's changed my relationship to fear.
9:08
I think before this happened, I was
9:14
really fear driven. I made, you know, would quote unquote bold choices, but sometimes they were made out of fear
9:19
versus love or, you know, contraction versus expansion, whatever words you want to use. Um, but it was a lot of
9:26
fear of not being enough. Uh, fear of compar, you know, comparing myself to
9:32
others, fear of failure. And and then you realize like when you
9:38
encounter something like that that nothing is as bad as the fear of the
9:46
thing. Yeah. Right. Like for many people death is their ultimate fear. I experienced some version of that. Um and it was okay.
9:53
Like what I saw on the other side made me you know excited for the next chapter
9:59
of this whatever it is you know in the world. and and um and and so then you
10:05
realize like fear is just kind of a story like in most cases like very rarely are we in actually like lifethreatening situations that one
10:12
actually was but most of our fears are just stories that we've created and if you can learn to to reframe those stories
10:19
um that opens up a whole new world and and so that was a big thing like um and
10:24
so therefore you become a much better friend to yourself like that's another thing has changed like I used to
10:31
what I thought was motivational to myself was a lot of just like saying pretty mean things to myself or self-criticism or that negative
10:37
rumination loop that a lot of people can go through and and a lot of the world conspires to push us into you know via
10:45
social and other things. Um I'm way better at getting past that. It still comes but I just process
10:50
through it much quickly much more quickly. Um because at the end of the day like the opposite of fear isn't
10:56
hate. The opposite of fear is love. And so I I love myself more. I know this is a funny thing, a woowoo thing to talk
11:02
about on a on a business podcast, but that's really true. And that and it affects my leadership. Um, and you know,
11:10
and therefore like I spend less time in those spaces and more time just about like what's possible and what you know,
11:16
kind of expansion. Did you ever think about stepping away from the world of business entirely and doing something
11:22
completely different off the back of that or has it sort of fired your motivation even further to succeed and
11:30
make the most of life I suppose? Yeah, it I did think about it for a while. I mean I really struggled
11:37
afterwards. Initially I was like euphoric that I was alive and all these people came and visited and I felt these
11:43
amazing things. But then people kept saying to me, you know, you're here for a reason and you have this second chance
11:48
and you know, you've got to make the most of it and all this stuff. And then I just felt this like incredible
11:54
pressure. Um, and I didn't know I didn't think I
12:00
necessarily deserved a chance versus anyone else. I think I just ended up getting saved, you know, and I didn't
12:06
have these immediate like I saw the light, but I was not enlightened. like I didn't I didn't have this new knowledge
12:13
that I you know it took me a long time to develop that like there I realized there are no epiphies
12:18
you know they're they're just these moments that can help you lead a path of curiosity but you don't need you don't
12:24
need to have what happened to me happen to you to to start that curiosity you know so there was it took me a long time
12:30
to kind of wrap my head around and when I immediately got back to work I was really struggling to do it
12:35
and really struggling on how big we could make Omaze and what kind of impact and I had a lot of concerns but And over
12:41
time, as I wrap my head around that, it it actually did fuel my ambition and um and
12:49
my desire to do more. Absolutely. And now you've you've moved from the US to London uh to grow OM
12:55
Amaze, not just in the UK, but in Europe as well. Tell me about, you know, founding the company, setting it up and
13:01
and the reaction to it in the UK market in particular. Yeah, the it's quite a unique business
13:07
model. It is. So we started in the US doing celebrity experiences doing stuff like riding a tank with Arnold Schwarzenegger
13:12
and Crush Things or As you do as you do I was reading George Clooney George Clooney we yeah we had a bunch of
13:19
crazy stuff small list nobody's ever heard of him went to Lamborghini where Pope Francis hand you the keys that was probably the
13:25
craziest one we ever did that's good you didn't take him for a spin I did not but I I had to go to the Vatican and pitch Pope Francis which was
13:32
pretty wild experience yeah u we did that for many years and then after the near-death experience
13:38
I came back and said we can't just keep doing celebrities. We don't control our own destiny. And that's when we started
13:45
doing stuff like holidays and then we started doing cars and then we said where it's really at is houses. You
13:51
know, a car changes someone's lifestyle. a house changes someone's life. And we launched that in the UK because we had a good business going in
13:57
the US with the celebrities and the cars. And we had a good operator here named James Oaks, a great operator named James Oaks. And
14:04
it was a smaller country, less expensive houses. And so we launched that here um four and a half years ago.
14:10
And how's it been going? It's been amazing. It's been I mean it's been a rocket ship. It's exceeded all
14:16
expectations because it's it is quite unique, isn't it? because you give so much away to to
14:22
charity as as part of the money. I mean, you what 20% of the proceeds you you
14:27
keep and the rest you you give away? I was reading. Is that correct? No, the 17% of the sales goes to
14:35
charity. So, the way you think about it, every pound that comes in, a third goes
14:40
to VAT and charity. A third goes to prizing the cost of the houses, plus we give the winners cash so
14:47
they can afford to live there. We cover their taxes. is we have a bunch of other cash prizes for other winners. Yeah. And then a third goes to operating
14:54
expenses, marketing, and then our profit. Why is giving that much of money to
15:00
charity so important to you and the company? That's where I started. I was in the charity space before OME doing big
15:07
documentaries and global concerts using storytelling to inspire action. um you know that my desire to contribute
15:15
to the greater good comes back to my childhood. My parents example um I spent
15:22
a lot of I grew up in this place called Laguna Gal which is kind of this middle class area in Southern California but I
15:28
was on a basketball team based out of Compton um and my friends there had much
15:34
more difficult challenging lives. So I split my life between two worlds as a kid. Um, and I saw the opportunities
15:39
that my friends at home had versus my friends on the basketball team had. And it just made me want to figure out
15:45
something in the world that could contribute. But at the same time, I also
15:50
didn't believe this kind of false choice that you have to choose between making money and helping people. Um, and so I wanted to start a business
15:59
that could do both. Um, do you think those people who are buying sort of the raffle tickets to to enter the draw are
16:06
doing it because they want the house obviously, but also because it's a way of funding charity, do or do you think
16:11
if that charity element wasn't part of it, you'd make more money anyway?
16:17
I think that people that we get people's attention with the house and that's very
16:23
yeah natural. Um the but I think they stick around because there's a
16:28
charitable element also. Um I've never thought about would we make more money without the charities. It's just a core part of it. We we have
16:35
a very healthy business. Um there's a lot of benefits of doing it with
16:41
charities. But the main thing is it just creates like a huge sense of purpose that that really makes us work hard. Um
16:48
and so that's always has been and always will be part of what we do. Well, Matt, we've got some quickfire
16:53
questions for you now. [Music]
17:00
The first one, what was your first job? My first job,
17:06
my dad's a criminal defense lawyer, and my first job was serving subpoenas to
17:11
people, which is not a first job I recommend for a 16-year-old. No. I got chased multiple times. I don't
17:19
know why he I think he wanted me just to see the real world fast. I saw the real world fast. I mean I was going into some, as you'd say here, dodgy Yeah.
17:27
situations. So that was my first job. Wow. That that I did not expect you to say that. That's that's really funny. Who inspires
17:33
you? My mom inspires me. She
17:40
really leads from a place of love and she has been through so much adversity in her life. And
17:46
when you face adversity, you have two choices. You can have post-traumatic stress or you can have post-traumatic
17:51
growth, but you can't stay the same. And she's chosen to grow. And that example has helped me grow.
17:56
We talked about some celebrities, so you might mention some of those now. But if you had to appoint a celebrity to your
18:01
board, who would it be and why? I would go with John Stewart.
18:07
How come? Because he uses humor to spread awareness and consciousness. And like we
18:14
try to do that. We believe laughter is the shortest distance between two people. But he's also incredibly smart and incredibly business-minded. Him
18:20
potentially President Obama, Oprah, like people who've come from nothing and created
18:27
businesses that or careers that help that make money and help people. What's the best thing about your job?
18:34
I love the people that I work with and the ripple effect that we get to make both in our own lives, but also like
18:41
that we get to help so many lives. Like it's incredibly fulfilling. Yeah. And if you weren't doing this,
18:48
what would you be doing? I would probably still be film making.
18:54
You know, I love stories. That's my passion. And finally, if you were, we normally ask our guests actually, what would you
19:00
do if you were prime minister for the day, but I should probably ask you what would you do if you were president for the day?
19:05
Oh, can I can I do prime minister instead? Well, let's start with president. Um,
19:13
I if I was president, I would really focus on the things that have made
19:19
America the economic and social marvel that it's been over the last 80 years.
19:26
I would focus on how immigrant populations have driven economic
19:32
activity. I would focus on how universities have driven innovation. I
19:39
would focus on how the rule of law has helped people thrive. Um I would f I
19:48
would continue to use the government's capacity to drive innovation into clean energy into other the next areas. Um and
19:55
I would do whatever it can to remove regulation that stifles entrepreneurship
20:01
and innovation. I want to talk about investing in the UK. Obviously you you've come over here from the US. There
20:08
seems to be a narrative, true or false, at the moment that the UK is a challenging place to invest, but you've
20:13
obviously chosen to base yourself here and expand more across the UK and into Europe.
20:19
Tell me about your your your thoughts on on investing in the UK. Is it as doom
20:24
and gloom as maybe we we make it out to be? I have not I've only experienced a great
20:30
environment to build a business. Um, and the reason it's great is because
20:36
there are so many people in the UK spec and specifically in London from around
20:41
the world. And I think a diversity of backgrounds leads to creativity. Um,
20:49
it's the only city in the world where there's globally relevant centers for politics, business, and entertainment
20:56
within a mile of each other. And that leads to a dynamism. I understand all
21:01
the criticisms. I've I've heard them. It's harder to raise capital in the UK than it is the US for sure.
21:07
Um there's much a there's more risk takingaking there and then the US also
21:13
has the huge advantage of you have one market that you can sell into that speaks the same language and essentially
21:19
has the same laws versus you know trying to do UK and Europe is much more complicated. Um, I think there's some
21:28
things that can be a lot of things that could be done to spur entrepreneurship and innovation here that could be some
21:35
lowhanging fruit big wins that I hope they do. Um,
21:40
I'm not qualified to get into specific policy details, but I would just say that there's some things that I've seen
21:46
done that I I think were not the best for innovation and entrepreneurship. And
21:52
I think there's something you might know a few things I'm going to I'm going to leave it at that. Yeah.
21:57
Do do you think the government could do more to support a business like yours?
22:02
The government's been great with us like we're a more mature business. I think I think they really do believe in growth
22:09
and want to do that. I think the more complicated thing is creating the ecosystem for for seed businesses.
22:15
I think there's a lot more that could be done to commercialize great ideas coming out of universities in the UK. Um, you
22:20
have incredible talent coming out of all over, not just Oxbridge, but it's much
22:26
easier to monetize those those ideas and that technology in the US than it is in
22:33
the UK. And then those startups get snapped up by US giants and and then that's it. Yeah. Isn't it? Um, it's difficult for the UK
22:41
to to keep its businesses within UK ownership. Yes, it is. But there's things that can
22:46
be done to change that, I believe. Since you're in the business of selling houses
22:52
sort of, let's talk about the housing crisis in the UK. There is one that's been going on for decades and decades it
22:58
seems. Now, you're not giving away cheap two up two downs. You're giving away
23:04
mansions. Mhm. What do you think that could be done to improve the housing situation in the UK?
23:11
Because, you know, giving away the odd mansion here and there isn't necessarily No, we are not addressing the housing crisis in any way.
23:17
um you know this phenomenon is going on around the world. Mhm.
23:23
I mean it's in in the markets that we pay attention to, US, Australia,
23:28
Germany, it's the same story as the UK. And in all these markets, it's become
23:35
increasingly hard to build some regulations that become focused on environmental protection, which is
23:40
obviously a good thing in the right done thoughtfully has led to a lot of
23:48
challenging building environments. Nimiism, you know, not in my backyard is happening all around the world. Um, I'm
23:56
not an expert enough to say what could unlock or change these things, but like
24:02
it's a real problem everywhere. Um, and and so I think like you've just got to
24:08
figure out how to get people building in ways that is environmentally responsible, but like we don't build like we used to anywhere. It's even
24:14
worse in the US. Um, and so that's like we've got to figure that out. Would you like to see
24:20
sort of planning regulations relaxed um and making it easier for those house
24:25
builders to actually get on and build the houses that everybody needs? Yeah, we I it's hard to imagine another
24:32
solution. You know, I can speak much more to California like the regulations you have in coastal areas around density
24:38
around new permissions. I mean, it strangled it, you know. So then therefore only people who already have their homes where
24:45
they're appreciating with scarcity makes it way harder for a younger generation to do that. Um I imagine there's a
24:52
similar dynamic here. Um but yeah, you've got like you've got to be able to build. We've got to figure out how to be
24:59
environmentally responsible for that. But like there's other costs on the other side. You know, you could argue by
25:04
not having density and highrises in at least California, you're that's actually environmentally irresponsible. M well
25:11
let's go back to OM Amaze because obly the main reason why you're here. Um tell
25:17
me about the future plans for Amaze in the UK. Yeah so
25:23
we are continuing to scale in the UK. Um we are launch we're about to launch some
25:30
new products in addition to the house draws that we're doing which we're really excited about. Um, we are
25:38
increasing the scale of our impact, you know, so we're doing like really tangible projects. We're building a
25:43
pediatric cancer unit with Great Orman Street Hospital, like those kind of big things. We just funded the London Air
25:49
Ambulances. Um, we have a bunch of other kind of
25:54
really exciting um, preservation building projects like that we're doing
25:59
next year. So, you'll see more and more of that. you'll see more and more content around the winners and the
26:05
charities and how in those moments of transformation. There'll be ways we're rewarding um local heroes throughout the
26:11
UK that are doing great stuff that's coming. Um and we're just continuing to uplevel the quality of our houses and
26:17
also building more of our houses too. Building the houses yourselves. Yeah, we started that last year. We did
26:23
our first build was in the Lake District and that was our most successful house to date. Really? And so what makes an Omaze house
26:30
then? Are you are you sort of putting the logo into the brick work?
26:37
Yes. Everywhere. Yeah. All the lights have Omaze, like bat signals. Um, you
26:42
know, we know what our customers want. Like our the Omaze community is amazing. Like the the impact that the Amaze
26:48
community made like I just referenced. Like that's that's not us, that's them, right? That's their money. Um, and but
26:54
they've they've told us time and time again what they're looking for in houses. um you know certain designs on
27:00
kitchens certain ways certain um views of nature or the offices certain
27:05
features that every every house looks for certain modern design but it's also clean and matches the UK sensibility and
27:11
so sub areas it's harder to find those houses and so that's why we started building them eco-friendly as well as that come into
27:17
it energy efficient it does and that yeah that has varying degrees of importance in different areas we
27:23
launched in Germany uh two days ago um and that's very critical. It's like
27:29
triple pain and you know every house has 40% of the roof is solar panels and you
27:35
know so it's like it's a different it's different there but yeah the UK also cares about that too. Well let's talk about that European
27:40
expansion there. You just launched in Germany. What's the plan for expanding across the continent?
27:46
Yeah launched Germany. We want that's a big investment for us and you know we
27:51
want to be able to have a similar impact there that we've had in the UK and as soon as we see that then it's going to
27:58
lead to a bunch more countries around Europe back in North America and other
28:04
continents. So you know once we once we prove it doesn't just work in the UK I
28:09
mean we did it in the US but now with houses um then we're going to be uh expanding pretty aggressively. What's
28:16
the sky's is the limit, I suppose. Do you have any sort of growth targets over the next five years that you want to
28:21
hit? We have a long-term vision which is Fortune 500 impact number one.
28:27
Um, so to be Fortune 500, you need to get to 8 billion in revenue. And to be impact number one, you need to be 3.5
28:34
billion in charitable giving. And we think we can do that in the next 14 years. And what about ownership? Are you
28:41
seeking more investment into the company? Thinking about going public? What's uh what's the plan on that?
28:47
We're keeping all our options there. We're not we don't you know it's a profitable business. Um we're able to
28:52
fund expansion into Germany off our own balance sheet and so and we think we could be able to
28:58
continue to do that in other markets as we grow. Um if we decide to accelerate
29:03
that, we may go out and raise around to do that. And then yeah, you know, an IPO is certainly an option at some point,
29:10
but we're not I think sometimes companies rush to that and they make that the goal. Um, and our
29:17
goal is the expansion and then the IPO can be an outgrowth of that. You'd have your pick of your stock exchange as well. You could go anywhere
29:24
that you want. Is there one at the moment that you would be more likely to choose
29:29
given which which stock? New York, London, Amsterdam. Yeah. Um, we'll keep our options open
29:36
there. Um, you know, a lot of people end up I mean, we just saw Wise last week transfer over
29:43
to the US. Um, we won't do that unless we have a US business going and we don't have that
29:48
currently. So, we'll we'll kind of we'll kind of we're just focused on these next couple markets and then we'll kind of
29:53
decide what the best options are from there. London's having a difficult time at the moment. Has done for a year or so, maybe
30:00
even a little bit more. What would you say about if somebody, you know, London Stock Exchange came up
30:06
to you and said, "Well, how about helping us out here?" Mass, there's a lot of really smart people
30:11
working with the London Stock Exchange. There's a lot of great businesses that are listed here. Um, we would have to
30:18
assess it at the time. You know, I I wish I think everybody wishes it was stronger.
30:23
Um, thinks it should be stronger, but these things are complicated. Yeah. Do you think it will get stronger
30:30
in the future? you know sort of it has been sort of declining in terms of number of listed businesses number of
30:36
IPOs over the last few years or so certainly post pandemic do you think that London will rise again
30:43
I really hope so I'm not educated enough to predict I know there's really smart people working on it and I believe
30:51
I believe in London whether they that whether this gets figured out or not I can't say
30:57
yeah okay I want to um take you in a little bit time machine. Now, Matt, and
31:02
go back to your younger self. You're just starting out in your career. If you could have a conversation with that younger Matt, what would you what piece
31:08
of advice would you give to him? How young are we talking? Oh, 18.
31:16
I think my first piece of advice would be nobody knows what they're doing.
31:22
Mhm. I think so many people, especially entrepreneurs when they're starting, get held up because everything is new and
31:30
you see other people succeeding and you just assume they had it figured out at all points. I at least that was my experience, you know.
31:36
Um and then as you get to know these people and the reason I know is now I'm one of these people they look at and say, "Oh,
31:43
they're succeeding." And I know I had no idea what I was doing. Yeah. You know, and I have a bunch of friends who've been really successful and I know
31:48
they had no idea what they were doing. And so the whole the whole game is just like keeping going, right? And so it's about just taking the
31:55
punches and getting back up, you know? So I I would I would say that um I would also say that everything you
32:02
want is on the other side of fear. Like your whole everything should be thinking about how do you how do you process
32:08
through that more quickly through a variety of techniques from you know being healthy to fitness to meditation
32:17
to whatever whatever it takes. Um, but if you can if you if you forgive
32:22
yourself not knowing and you just keep going and you're able to move past the fear, like there's really there's nothing you can't do.
32:28
Yeah. Well, that 18-year-old has grown up into quite a successful businessman on on pretty much any metric. But I was
32:35
wondering, do you yourself consider yourself successful?
32:40
Yeah, it depends how you define success. Um,
32:46
I define success as deep connection. Do you have deep connection to your
32:52
work? Do you have deep connection in your relationships? Um, do you have deep connections to your
32:59
partner? Do you have deep connections to your other hobbies? And I and I have those, you know, um, from other financial
33:05
metrics. I'm sure people wouldn't say I'm I've not become successful yet, and maybe I will one day. Um but in terms of
33:12
like feeling a real sense of purpose, feeling connected to others, feeling connected to my relationships, I I do
33:18
feel successful in that respect. You mentioned there about sort of connections to business and your family.
33:26
Is it difficult to strike the right tone when it comes to or the right balance when it comes to work life balance
33:32
because your business must be so all consuming and and trying to run that and expand that and then you know trying to
33:39
switch off at the end of the day and that must be a challenge. It is. I think a lot of people have done
33:45
a better job of it than I have. There's a lot of people with much bigger jobs than me who have great family lives. Um,
33:53
you know, I'm single and so that and and a big reason I am part of it was going
33:59
through the near-death experience and that really kind of like took me a while to get my head around. Um, but part of
34:04
it is just like I've I've always since, you know, the idea for OME came, I've always felt like this was something
34:11
bigger than me or anybody who works at Ome. I felt a deep responsibility for
34:16
putting this out in the world. Um because and especially now what I know it's like to be a patient whose life was
34:22
only saved because of the generosity of others. I was only saved because this
34:28
charity had raised money to create this ECMO machine at UCLA hospital and that one machine saved me and if they hadn't
34:34
done that I wouldn't be here you know and so I feel like a deep responsibility to bring that forward in
34:39
a world where I think it's increasingly hard for for charities to raise money. It's increasingly hard for people to
34:45
have a chance at upward mobility. So I feel a deep connection to that and I I have been so focused on that that it I
34:51
have made sacrifices from a family perspective but I don't think it's impossible to have the balance and I know people who are more successful and
34:58
more impactful than me that that do. Yeah. And I I think one day I will figure that out.
35:04
What do you do then at the end of the day to to chill out? Is it gym straight to the gym for a couple of hours or is
35:09
it running or cycling or you know what what I start the day at the gym. Um I start the day with gym and meditation and some
35:17
writing and then I do and I meditate a second time. So that that really helps me. But then I love, you know, I love
35:25
being around friends and and so I'm still even though I'm I myself am not
35:31
don't have a family yet. I spend time with friends and family that are family
35:37
to me. I mean the family already obviously are, but the friends are too. So, so I I feel very I feel very
35:43
enriched by those relationships selling them raffle tickets as well. I do. I just slinging raffle tickets. Yeah. A little tomb in the in the corner
35:49
of the dining room. And no one gets to have dinner with you without buying at least two tickets. Ah, that makes sense. Why not? You got
35:55
to deep connection, man. Yeah. A deep connection to the money in their pocket. 100%. Yeah. Um, final question, Matt. Um,
36:03
what's it take to be a good CEO in your opinion?
36:09
There's a lot. Um, I would say the most
36:17
underrated skill and most important skill in entrepreneurship is storytelling.
36:24
It's obviously it's critical with marketing and and product, but it's critical for
36:31
fundraising. It's critical for setting a vision. It's critical for hiring. It's critical for mobilizing a team around
36:39
this specific thing. You know, like Omaze is just a story. Like when I talk about the future of Omaze with you right
36:44
now, all that is is a story that doesn't exist. So, it's a thing that I can see in my head and other people on the Omaze team
36:50
have created that we can see, you know, and I think by doing that, by learning that skill, it also enables you to
36:56
empower people with the the guard rails to make the most of their
37:02
potential, right? And so the best CEOs first and foremost are able to help others succeed and empower them to be
37:10
successful on their team and then and they do that by storytelling. Brilliant. Well, Matt, thank you so much
37:16
for coming on board from Recovered. It's great to have you. Thanks for having me, John. I really enjoyed it. Cheers. All right.