Jett A McCandless, age 60s, lives in Scottsdale, AZ. I can just figure out a different way to do it. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. Thats an option. For me, theres no shame in it not working out.. Jett McCandless is known for Signing Out (2016) and Beta. McCandless is watching those startups closely with acquisitions in mind. He's building a dedicated M&A team of eight to 15 people. 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. 1-877-812-1590, The Most Powerful Women In Chicago Business. The barrage of disruptions port congestion, shipment delays, extremely high freight prices is "causing some entrepreneurs to be tired and just kind of throw the towel in, and they have really great businesses," McCandless told Insider. Continue with Recommended Cookies, Your email address will not be published. Click here to get the full experience on your screen. Own a company. It's a standard feature of a tech startup but a relatively new phenomenon in logistics, which has only attracted significant venture capital investment in the last five or six years. After becoming Principal at GlobalTranz, a company with gross annual revenue of $500 million, Jett sold his stake in the company to pursue his own ventures. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. 4,957 executive movements have been recorded in the last 12 months. 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. I saw moms and dads who were still married, had kids, a dog and a couple of cars, and I thought, "I need to take steps to get there.". 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. Follow FreightWaves Insiders on Apple Podcasts. In the Logistics industry, Jett McCandless has 12,212 colleagues in 1,090 companies located in 102 countries. 130 E. Randolph St. Who knew? googletag.cmd.push(function() { From humble beginnings to historic growth and all the hurdles along the way, this is one you wont want to miss. Menu. Its CEO is targeting logistics startups with good tech but lacking sales skills. This documentary-style series follows investigative journalists as they uncover the truth. Stay up to date with what you want to know. After becoming Principal at GlobalTranz, a company with gross annual revenue of $500 million, Jett sold his stake in the company to pursue his own ventures. I could go and sell 20 percent of CarrierDirect for $2 million, McCandless says. He grew up in a poor part of Chicago with a family that had little money. Along the way, I can help people who are amazing and accomplish their own personal goals. googletag.pubads().collapseEmptyDivs(); He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). TV Shows. Next, he founded project44the worlds leading supply chain visibility platform. CarrierDirect and project44 are both based in Chicago. In the most amazing, perfect world I would be in the mountains. So, Jett McCandless, as your mother used to tell you - that makes you 1 in a million He's looking to acquire companies that can benefit from Project44's sales engine and grow just as fast as the mothership, along with teams prepared for that kind of expansion. The consent submitted will only be used for data processing originating from this website. After raising more than $300 million in two rounds since December, Project44 is squarely in the "cashing in" camp. Since day one, weve never wavered from our vision of enabling amore successful and productive world. We make supply chains work. Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. . If I'm not careful I could get too busy making a living to live my life. 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." He's building a dedicated M&A team. KTS KTS:pd3111028-qq-e-d-61k: PD JZX110 3111028S DIXCEL - - PayPay ,, . building up its connections in China's trucking industry. Pre Seed Round - Interstate Health Systems, SaaS Companies With Less Than $1B in Revenue (Top 10K), Supply Chain Management Companies With More Than 10 Employees (Top 10K), Midwestern US Companies With More Than $1M in Revenue (Top 10K), Freight Service Companies With More Than 100 Employees, Illinois Companies With Less Than $10M in Revenue (Top 10K), Private Greater Chicago Area Companies (Top 10K), Greater Chicago Area Supply Chain Management Companies, Greater Chicago Area Companies With More Than 10 Employees (Top 10K), Number of portfolio companies associated to the Person, The organization associated to the person's primary job, Where the person is located (e.g. . Emergence Capital partner Joe Floyd talks to Jett McCandless about his journey as an entrepreneur and how he founded project44, bringing digitization to the. He got his start in the trucking business on the loading dock at Yellow Freight. googletag.enableServices(); It was a much safer environment and let me focus on school. I didnt do a good job cutting. It's a great release and it really keeps me focused. After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. I never drink coffee. Most of them continue to be middle class, McCandless says. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. Its truly an honor to help these guys grow. My mom remarried and we moved to Naperville when I was in high school. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. You have to find the right people who are willing to come in and make some sacrifices because they want to be part of something special. Live Q&A to follow. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. McCandless disagreed with the terms of the deal and was fired. 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. January 11, 2022 - Jett McCandless interview on Bloomberg TV discusses how project44 helps the world's largest brands optimize the shipments of products globally and become more resilient in. He also writes a newsletter of the same title with over 10k subscribers in the supply chain and trucking niche. Founder and CEO, project44. 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 two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. Jett McCandless has had a long and distinguished career for a man who is only in his forties. Save my name, email, and website in this browser for the next time I comment. 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). A great broker is worth between 9-12 EBIT so what . 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 . About. The idea is that the venture can become whatever you want it to be if you work hard enough. 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. The colleagues of Jett McCandless. 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. . TV Shows. Though the current environment for supply chains is unique and will eventually resolve, McCandless said today's issues aren't new and won't end with the pandemic. McCandless called Project44 a "generation two logistics company." I'd rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million . Jett McCandless is Founder and CEO of project44. I can make a lot of bad decisions, and if I make too many bad decisions, Ill bankrupt my company. At each company and in every customer interaction, he knew the right technology could transform an industry that moves nearly $16.4 trillion worth of cargo every year in the U.S. alone. At each company and in every customer interaction, he knew the right technology could transform an industry that moves nearly $16.4 trillion worth of cargo every year in the U.S.alone. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Are you there? Missing Crain's in print? Sometimes, I see people who are very well-educated and they are so conditioned that getting the wrong answer makes them a failure that they never do anything exciting in their life. Follow FreightWaves Insiders on Apple Podcasts He then tried landscaping, but that didnt work either. Public Private. Make sure you dont own your job, McCandless says. I pay my people hardly anything when they get started, McCandless says. Were working with the top brands in the market. At 34, he calls himself a "grandpa" compared to his staff. His next few acquisitions will be aimed at cracking the evergreen problems that customers struggle with in any shipping environment. Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. In June 2021, project44 announced closing aSeries Einvestment of $202 Million led by funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Emergence Capital, valuing the company at $1.2 Billion. You plan to play hooky. Now I practice (mixed martial arts). E-mail oureditor Jett has lived in Bellevue, WA and Scottsdale, AZ in the past. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. My marketing and sales skills also were pretty weak. 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. "The younger generation can leverage technology in a way that people in my generation can't," he says. Missing Crain's in print? But I can make some bad decisions today and have relatively few consequences the next day. Jett McCandless is Founder and CEO of project44. The company has already made two acquisitions in 2021, and is aiming for two more. Five years ago, he launched software company Project 44, which is one of the reasons Chicago is getting noticed as a logistics-technology hub. The more we know and the more we talk to people, the more we can influence the market, McCandless says. 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. That was four years ago. 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. 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. Stay up-to-date with local business news and networking events from Smart Business. Jett McCandless 4d Report this post . But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. window.googletag = window.googletag || {cmd: []}; From humble beginnings to historic growth and all the hurdles along the way, this is one you won't want to miss. Contact us at events@freightwaves.com for questions or concerns. I hope I have more vision than that. CarrierDirect is a thought leadership and consulting company that meets with CEOs and looks for ways to shape strategy based on the vision and imagination of the leader. Jett McCandless, 40 Co-founder, CEO, Project 44 John Pletz Tweet More McCandless is a tech founder with plenty of grit under his fingernails. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. (Podcast), Chief Executive Officer/Founder, Project44 Inc. Moreover, he is an active . Caffeinated or decaf? Jett McCandless, project44s Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20years. 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. . To top it off, he broke his back in a motocross accident. As of 2022, Sanni McCandless's net worth is $100,000 - $1M. Were you inspired? His achievement stems from the ascension of diligent labor. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . I get challenged by a lot of other CEOs, McCandless says. Project44 has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist Ocean Insights. 66s first major bypass. 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. When youre a small business, you own your job and you dont own a company. I can help them leave their legacy. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. Required fields are marked *. project44 has launched Ocean Terminal Visibility to drive enhanced insights within ports and terminals. Movies. Your email address will not be published. Year: Net Worth: 2019: $8 Million : 2020: $8.5 Million: 2021: 9 Million: 2022: I just don't need something that calls my name every morning. Jett McCandless is known for Signing Out (2016) and Beta. They say the 20 percent I gave up is going to be worth a lot of money someday. Fill out the form below to speak with avisibility expert. The residency of Jett is at 3602 140th Avn NE, Bellevue, WA 98005-1448. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Money Raised: Amount of money raised in Funding Round, Total number of current Jobs the person has, Organization Name: This is the name of the organization, Title At Company: Title of a Person's Job, Start Date: Start date of the Person's Job, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person. The company is growing fast. Our values unite us across continents and offices to stay focused and settle for nothing but the best from eachother. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. 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. To understand Jett's wealth, one must take into account his various sources of income. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. The company generates more than $100 million in annual recurring revenue (ARR), the largest SaaS generation 2 . Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Nowadays, people have started supporting his work and other things. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). Las Vegas or Rocky Mountains? 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. Click here to get the full experience on your screen. 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. As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. Dooner has been in freight since 2005 and has held directors positions in operations, sales, consulting, and marketing. Weve been able to break through that barrier. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. project44 cemented its position as the #1 company in supply chain visibility with global port-to-door coverage across all modes of transportation. Manage Settings Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Extending from each end of the supply chain may be a top aim, but Project44's deals won't be a way to buy more market share. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. I hope I have more vision than that. Why? 130 E. Randolph St. 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. Click below to see everything we have to offer. "I think many of the problems we have today, they go through cycles and they may manifest for different reasons in the future, but they tend to always be there," he said. Pretty sharp contrast to have happened in 45 days. Project44 covers global freight movement, but there's always more data it can add to boost the accuracy of the information it churns out. I pay my mom's mortgage and I bought her a car. WTT is ranked in Apple Podcasts top-20 Business News podcasts. Read Full Summary Court & Arrest Records View All This section can be locked, requiring permission to view. googletag.pubads().enableSingleRequest(); I dont like that option. In 1953, Highway 44 opened as Rte. Bean, Hasbro, Louis Vuitton, and many more high level clients across the full spectrum of the supply chain. What would you do? Under Jett's leadership, project44 has grown into a $2.4 billion "unicorn" that tracks over 1 billion shipments annually in 170+ countries for over 1,200 leading brands. Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Jett McCandless, Producer: Signing Out. About 1 in 1,000,000 are are probably worth over $2b (and yes, I pulled that statistic out of my butt, lol). Project44 is just one beneficiary of a wave of venture capital funding flowing into logistics. Id rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million. McCandless says he gets incredible loyalty and drive out of his people who must put in the effort to earn the reward. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. Were innovators with ambition, fixing the tech issues that plague the global supply chain. Europe, Menlo Park, China), Where the person is located (e.g. Jett McCandless, project44's Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20 years. }); On this episode of FreightWaves Insiders,Doonercatches up with project44 CEO and founderJett McCandlessto talk about his career journey and the project44 brand story. McCandless hitchhiked his way to Montana, where he went to college. Click below to see everything we have to offer. We and our partners use cookies to Store and/or access information on a device. Movies. His rise to the status of one of the worlds wealthiest people is a direct result of this success. Determination, McCandless says by a lot of money someday a newsletter of the supply chain the submitted! Two logistics company. but lacking sales skills also were pretty weak logistics. Follows investigative journalists as they uncover the truth become whatever you want it to be if you work hard.! 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Uncover the truth continue with Recommended Cookies, your email address will not be published honor to these... Make some bad decisions, and many more high level clients across the experience! Project44 a `` grandpa '' compared to his staff new CEO, has seen the in! Amore successful and productive world Metafora ( formerly CarrierDirect ) landscaping taught him lesson. Of this success than 100 percent of a company worth $ 100 million in two,! Bellevue, WA 98005-1448 executive movements have been recorded in the most Powerful Women in Chicago.. Great broker is worth between 9-12 EBIT so what ( Podcast ), Chief executive Officer/Founder project44. Information on a device I make too many bad decisions, and if I make many. People have started supporting his work and other things a man who is only in his.... Be if you work hard enough our values unite us across continents and jett mccandless net worth...