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The Parallel Revolution: Transforming Finance Collaboration and Budgeting Autonomy
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In Episode 025 of the #kilnroadtrip, created and produced by The Swell Pod, Spencer McKeown and Josh Taylor interview Renato Villanueva, CEO of Parallel, during their Kiln Road Trip. Renato discusses his Peruvian roots, entrepreneurial influences, and experiences at Qualtrics and Divvy. He highlights the challenges of starting a business, the value of persistence, and the balance between customer feedback and vision. Renato emphasizes the need for a platform like Parallel to enhance budgeting collaboration and autonomy for leaders. He aims to redefine engineering and product development standards in Utah, seeking financial freedom and broader aspirations. The episode underscores the iterative process of innovation and the significance of customer-driven refinement.
Join The Swell Pod on the Kiln.Roadtrip by listening, watching, and subscribing to the podcast today https://linktr.ee/theswellpod
Parallel is an FP&A platform that seamlessly integrates headcount movements and related expenses, enhancing strategic planning and collaboration in budgeting across finance teams and department leaders.
Location: Kiln. Lehi
The Kiln Road Trip: Uncovering Deep Truths with 100 Pleasantly Rebellious Humans. 10 days. 5 States. 3,580 Miles.100 Interviews! Daily episodes starting on March 5, Monday to Friday, for the next 100 days, followed by a short documentary and a book about the journey.
Thank you to the partners and sponsors who made the kiln.roadtrip possible: Kiln, Moterra, Torus
And thank you to the crew who helped us document and share the journey: Denisse Leon, Ty Cottle, Nathan Clark, Findlay McKeown
Bullets:
- Interview with Renato Villanueva, founder and CEO of Parallel
- Focus on headcount movements and related expenses for strategic planning and collaboration in budgeting
- Renato's background and entrepreneurial journey
- Challenges of starting a business and the importance of persistence
- Support from the Kiln community and other entrepreneurs
- Motivation behind starting Parallel and the need for autonomy in budget decisions
- Vision for Parallel and setting a new standard in Utah
- Insights on creating something new and challenging the status quo
- Emphasis on continuous iteration and improvement in innovation
Time Stamps:
The Kiln Road Trip Introduction (00:00:03) Introducing the purpose of the journey and the partnership with Kiln Motor Camper Vans and For Us.
Interview with Renato Villanueva (00:00:54) Renato's background, the creation of his company, and his journey to becoming a CEO.
Challenges of Starting a Business (00:03:55) Renato discusses the challenges and unexpected difficulties of starting and running a business.
Building a Community and Seeking Guidance (00:05:07) Renato's experience with the Kiln community and the guidance he received from other entrepreneurs.
Identifying a Market Need and Unique Approach (00:06:34) Renato explains the market need and unique approach that led to the creation of his platform.
Testing Market Fit and Financial Commitment (00:09:44) Challenges of not falling into the trap of constantly pivoting and the importance of testing market fit with financial commitment.
Empowering Business Leaders through Parallel (00:11:56) Renato explains how Parallel empowers business leaders to manage their budgets autonomously.
Empowering Autonomy and Energy Independence (00:17:08) Discussion of the core value of autonomy and energy independence with Taurus, a sponsor of the episode.
Finance Partnering (00:17:23) Discussion on the lack of tools focused on partnering aspect of finance and the need for better collaboration and messaging.
Vision and Team Building (00:18:20) Exploring the vision for the company, the type of people they aim to develop, and the pursuit of setting a new bar in Utah.
Chasing Billion Dollar Outcome (00:19:34) The aspiration for a billion-dollar outcome and the financial freedom it could provide to chase after other dreams.
Creating Something New (00:20:15) The importance of iterating nonstop, making continuous improvements, and getting the product in front of potential customers for feedback.
Tags:
#SwellPod, #KilnRoadTrip, #Kiln, #MotorraCamperVans, #podcast, #interview, #innovation, #resilience, #communitybuilding, #passion, #purpose, #community, #diversity, #collaboration, #thoughtleadership, #100interviews, #entrepreneur, #CEO, #leadership
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