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258 | $60 Million Raised on The Quest for Clean Energy with John O'Donnell from Rondo

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November 9, 2023
    1. Quest for Clean Energy: The pursuit of clean energy at a competitive cost for industry, particularly in decarbonizing the heat sector, is crucial in today's world. 🌍
    2. Learning from Failures: Past endeavors provided invaluable insights. The importance of making technology bankable and having enduring financial backers was recognized. 👩‍🔬
    3. The Gray Hair Factor: The path to raising significant funding and securing notable investors involves experience, a transformative vision, and the ability to align solutions with market needs. 💡

    In episode 258, John O'Donnell, CEO of RONDO, a company dedicated to delivering low-cost, zero-emission industrial heat and power, discusses the journey towards a sustainable and cost-effective energy future.

    Over the past 15 years, O'Donnell's mission has been clear: provide clean energy that's as affordable or cheaper than carbon-based sources, focusing on the heat component of industrial energy use. Despite past failures in the pursuit of clean energy, valuable lessons were learned, emphasizing the significance of making technology "bankable." O'Donnell believes the key to success is having technology that's economically viable from the start.

    The decision to embark on the journey of RONDO was influenced by the realization that intermittent electricity generated from wind and solar had become cheaper than traditional fossil fuels. The aim is to create a bridge between these intermittent energy sources and industry by providing large-scale energy storage solutions.

    O'Donnell also highlights the importance of choosing problems to solve based on their criticality. For him, addressing climate change is a top priority, emphasizing that every engineer, scientist, and business person should contribute to solving the challenges of climate change.

    Chapters:

    00:00 Intro

    00:15 John's Journey with RONDO

    00:29 Delivering Clean Energy

    01:44 Challenges and Solutions in Clean Energy

    03:14 Learning from Past Failures

    03:41 Business Exits and Strategies

    04:47 Securing Investments and Partnerships

    06:59 Raising $60 Million

    09:36 Advice for New Startup Founders

    11:25 Contact Rondo

    #CleanEnergy #SustainableFuture #GreenTech #EnergyStorage #IndustrialHeat #ClimateAction #BusinessLeadership #ClimateSolutions #BankableTechnology

    Clean energy, sustainable future, green technology, energy storage, industrial heat, climate action, business leadership, climate solutions, bankable technology, John O'Donnell, RONDO, transformative vision, intermittent electricity, climate change solutions, lessons from failure.

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    About Chad Kaleky

    Chad Kaleky will act as your host and guide on this journey. A seasoned entrepreneur with a passion for sharing the unvarnished truth behind success, he has walked the same path as many of our guests. Chad brings a unique perspective that bridges the gap between aspirations and reality.

    Want to grow your business like Rondo? Learn their growth marketing hacks!

    You're in! Look out for the next episode in your inbox.
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    Rondo

    Chad Kaleky conducts an interview with John O'Donnell on his podcast "Failing to Success" on Nov 09, 2023. The discussion revolves around John O'Donnell's success after overcoming challenges at Rondo. The information shared about Rondo is derived entirely from this podcast episode.

    Want to grow your business like Rondo? Learn their growth marketing hacks!

    You're in! Look out for the next episode in your inbox.
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    John O'Donnell

    Quest for Clean Energy: The pursuit of clean energy at a competitive cost for industry, particularly in decarbonizing the heat sector, is crucial in today's world. 🌍

    How did John O'Donnell With Rondo Grow Their Business?

      1. Quest for Clean Energy: The pursuit of clean energy at a competitive cost for industry, particularly in decarbonizing the heat sector, is crucial in today's world. 🌍
      2. Learning from Failures: Past endeavors provided invaluable insights. The importance of making technology bankable and having enduring financial backers was recognized. 👩‍🔬
      3. The Gray Hair Factor: The path to raising significant funding and securing notable investors involves experience, a transformative vision, and the ability to align solutions with market needs. 💡

      In episode 258, John O'Donnell, CEO of RONDO, a company dedicated to delivering low-cost, zero-emission industrial heat and power, discusses the journey towards a sustainable and cost-effective energy future.

      Over the past 15 years, O'Donnell's mission has been clear: provide clean energy that's as affordable or cheaper than carbon-based sources, focusing on the heat component of industrial energy use. Despite past failures in the pursuit of clean energy, valuable lessons were learned, emphasizing the significance of making technology "bankable." O'Donnell believes the key to success is having technology that's economically viable from the start.

      The decision to embark on the journey of RONDO was influenced by the realization that intermittent electricity generated from wind and solar had become cheaper than traditional fossil fuels. The aim is to create a bridge between these intermittent energy sources and industry by providing large-scale energy storage solutions.

      O'Donnell also highlights the importance of choosing problems to solve based on their criticality. For him, addressing climate change is a top priority, emphasizing that every engineer, scientist, and business person should contribute to solving the challenges of climate change.

      Chapters:

      00:00 Intro

      00:15 John's Journey with RONDO

      00:29 Delivering Clean Energy

      01:44 Challenges and Solutions in Clean Energy

      03:14 Learning from Past Failures

      03:41 Business Exits and Strategies

      04:47 Securing Investments and Partnerships

      06:59 Raising $60 Million

      09:36 Advice for New Startup Founders

      11:25 Contact Rondo

      #CleanEnergy #SustainableFuture #GreenTech #EnergyStorage #IndustrialHeat #ClimateAction #BusinessLeadership #ClimateSolutions #BankableTechnology

      Clean energy, sustainable future, green technology, energy storage, industrial heat, climate action, business leadership, climate solutions, bankable technology, John O'Donnell, RONDO, transformative vision, intermittent electricity, climate change solutions, lessons from failure.

      Notable Questions We Asked John O'Donnell

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