162: Growing 📈 then Selling💲a Digital Agency in the 21st Century | Dalip Jaggi of Vincit

162: Growing 📈 then Selling💲a Digital Agency in the 21st Century | Dalip Jaggi of Vincit

Background on Dalip Jaggi of Vincit:

Dalip Jaggi is the head of business at Vincit. Dalip has been recognized as an active entrepreneur filled with high-energy, passion, and new ideas. He kicked off his career as the Founder of Devise Interactive, a brand-focused, engineering studio. Leading a team that concentrated on helping entrepreneurs & companies with their early-stage concepts & innovations. The agency was acquired at the end of 2018 by an international public-traded company, Vincit.

Dalip is professionally driven by tech-centric solutions that are built for a purpose. He is the co-founder of EvaDrop, the world's first smart shower device and the inventor of Fraxtion, an easy to deploy kiosk for brick-and-mortars. Personally, he is designed to explore, experience, and master new skills. Dalip's interest in philanthropy has led him to be the co-founder of Forge54, a nonprofit organization and has taken positions as President at OC Tech Happy Hour & Vice President of Coded in OC. When he isn't posted in front of his computer focused on his ventures, Dalip loves to travel, play basketball, and recently has been learning the saxophone.

Time-Stamped Show Notes:

[1:03] Dalip Jaggi is the Head of Business at Vincit, which is a software engineering company. They also have a very interesting company motto.
[2:09] Dalip gives a more in-depth explanation about Vincit.
[3:43] Vincit is originally based in Finland and expanded to the US a couple of years ago.
[5:00] Coming out of college, Dalip founded a company called Device Interactive, which successfully grew up to 11 employees and having a steady revenue. He eventually sold the company to Vincit.
[14:54] At 15 years old, Dalip was into video games, which introduced him to web development. This was the start of his entrepreneurial journey.
[19:36] At a young age, he really was having fun and enjoyed growing his first business.
[20:26] In 2014, Dalip decided to rename his company into Device Interactive.
[24:49] During the early years, every money he earned from Device Interactive, he invested it back to the company.
[25:53] Dalip made some creative and strategic actions that helped his company move forward.
[31:47] Device Interactive focuses on software development and branding. Dalip gives an example of how they offer their services to a customer.
[36:29] There was one major setback that the company experienced involving a project to create an android application for a client.
[42:07] Some of the lessons he learned from the android app experience were reading personalities of clients, doing due diligence upfront, and taking into consideration the risk factor.
[44:36] There are other lessons that he learned from growing and selling his company to Vincit.
[47:55] Dalip offers some interesting insight regarding retainers and recurring revenues.
[51:50] Dalip offers important tips for new entrepreneurs and small business owners.

This Episode Sponsored By:

[11:46] Freshbooks invoicing and accounting software is designed specifically for small business owners. Freshbooks grows alongside your business, so you’ll always have the tools you need when you need them without ever having to learn the ins and outs of accounting. Try it FREE for thirty days, no catch and no credit card required, just go to: millionaire-interviews.com/freshbooks
[13:11] LinkedIn Jobs makes it easy to get a match with quality candidates, who make the most sense for your role. LinkedIn Jobs uses knowledge of both hard skills and soft skills to match you with the people who fit your role the best. Get $50 your first job post at: millionaire-interviews.com/linkedin-jobs
[38:17] Orgain is a brand that makes clean and nutritional products. Orgain will choose 3 deserving startups and grant them $50,000 each to take their businesses to the next level. If you think you’re a good fit for this grant, please visit: millionaire-interviews.com/orgain
[39:43] Fiverr connects businesses with freelancers who offer hundreds of digital services. Receive 10% off your first order by using code MILLIONAIRE. Just visit: millionaire-interviews.com/fiverr

Fabulous 4 Questions:

📖 📚 Favorite Book(s)? Traction by Gino Wickman
🙌😎 Favorite Amazon.com purchase? $3 Sunglasses
🌱💸 Favorite Tool that's GROWN your Business? ProsperWorks
💭💡 BIGGEST Challenge keeping your Business from GROWING? Getting infront of the right person