He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. He grew up in a poor part of Chicago with a family that had little money. 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. Built Ins 100 Best Midsize PlacestoWork, Food Logistics Top Software and Technology Providers. The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. Who knew? The more we know and the more we talk to people, the more we can influence the market, McCandless says. Click here to get the full experience on your screen. At 34, he calls himself a "grandpa" compared to his staff. Project44 CEO Jett McCandless expects at least two more acquisitions in 2021 and between two and 10 next year. Jett McCandless' Post. googletag.cmd.push(function() { After roughly 18 months of operating within a supply chain in disarray, Project44 CEO Jett McCandless said his fellow logistics technology startups are either cashing in, or tapping out. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Sanni McCandless (born June 30, 1992) is famous for being instagram star. A great broker is worth between 9-12 EBIT so what . To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Jett has lived in Bellevue, WA and Scottsdale, AZ in the past. The colleagues of Jett McCandless. Why? 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. In 1953, Highway 44 opened as Rte. Movies. 130 E. Randolph St. 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Together, weve created the worlds leading Advanced Visibility Platform for shippers and logistics service providers. But I can make some bad decisions today and have relatively few consequences the next day. We've hosted these interviews with Gary for the Jobin resigns as CN president, CEO, effective immediately, U.S. Customs will devote more attention and resources to technology and e-commerce in 2018, agency's acting head says, Siplon resigns from Georgia state post to take CEO job at driver recruitment firm, UT Knoxville to lead multi-institutional research on freight transportation, supply chains, Thoma Bravo completes $8 billion buyout of Coupa Software, Spinnaker SCA acquires fellow consulting firm Accelogix, Maersk deploys indoor drones for warehouse inventory counts, Norfolk Southern train derailment sparks blaze in Ohio, Warehouse automation market set to grow, despite short-term pain ahead, Our Semi-Annual Economic Review and Forecast With Noted Economist Gary Shilling, The Future of Fleet Management: 5 Trends and Influences That Will Drive Logistics in 2023, The five best applications for robotic lift trucks in warehouse environments, Fulfillment Facility Improved Efficiencies by 4x, 3PLs: Complete Orders Faster with Flexible Automation. Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. Now, by the end of this year, there will be several: CHRW, Coyote, TQL, XPO (which is over that in revenue but not in brokerage), and Echo. 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. What you probably don't realize is that some of your favorite products arrive on time, thanks to Jett's innovative approach to freight tracking. Jett McCandless, project44's Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20 years. Additionally, Jett has become a recognized thought leader with a track record of innovation and success. Were working with the top brands in the market. He was a featured speaker at TEDx Chattanooga. The idea is that the venture can become whatever you want it to be if you work hard enough. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. Required fields are marked *. 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. My mom named me after my uncle, who was a boxer. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. 66s first major bypass. Follow FreightWaves Insiders on Apple Podcasts building up its connections in China's trucking industry. He has steered multiple companies through accelerated growth, providing the logistics space with expertise and innovation along the way. McCandless called Project44 a "generation two logistics company." So, Jett McCandless, as your mother used to tell you - that makes you 1 in a million Click below to see everything we have to offer. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. Jett Kain's Net Worth. Make sure you dont own your job, McCandless says. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. There are companies getting close like Worldwide Express coming up on $700 million in revenue. 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. In the most amazing, perfect world I would be in the mountains. Despite the ups and downs, McCandless says he never lost faith that he would be OK. If I'm not careful I could get too busy making a living to live my life. But I've got a girlfriend, four houses and I make sure my liquid assets are in the seven digits. 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. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing, We use cookies to provide you with a better experience. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Contact. googletag.enableServices(); About. TV Shows. As of 2022, Sanni McCandless's net worth is $100,000 - $1M. One thing McCandless does provide his people is a stake in the company. Read Full Summary Court & Arrest Records View All This section can be locked, requiring permission to view. Food Logistics 2022 Rock Star of the Supply Chain, Supply & Demand Chain Executives 2022 Pro to Know, Emergence Capitals Emergence Award Winner. Chicago, IL 60601 McCandless is a tech founder with plenty of grit under his fingernails. Contact us at events@freightwaves.com for questions or concerns. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. Jett McCandless is Founder and CEO of project44. Id rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million. Join us for a live webinar on Jan 12 to hear Tom Enright, VP Retail Supply Chain at Gartner and Bart De Muynck, Chief Industry Officer at project44 talk about Solving the Inventory Equation. Next, he founded project44the world's leading supply chain visibility platform . He has worked with FedEx, Reebok, Adidas, L.L. Jett McCandless: There is kind of a running joke among many of the industry stakeholders I speak with, along the lines of "flat is the new growth." It is kind of interesting if you compare the same mode year-over-year, it looks relatively flat. McCandless said in the current environment and with the disruptions still mounting he has a pipeline 40 potential customers long. Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. Business isnt like that. It has more than 200 employees and raised $80 million last year. I didnt do a good job cutting. Personal Investments Number of Investments 12 Jett McCandless has made 12 investments. Movies. I can help them leave their legacy. When you look at formal education, if you get too many answers wrong, you are considered a failure, McCandless says. Next, he founded project44the worlds leading supply chain visibility platform. 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. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. 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. Jett McCandless, 40 Co-founder, CEO, Project 44 John Pletz Tweet More McCandless is a tech founder with plenty of grit under his fingernails. I'd rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million . 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. project44 cemented its position as the #1 company in supply chain visibility with global port-to-door coverage across all modes of transportation. Jett A McCandless, age 60s, lives in Scottsdale, AZ. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. With ateam of industry experts, technology visionaries and ambitious individuals, p44 is powering real-time, transparent and optimized shipping experiences. }); googletag.cmd.push(function() { Your email address will not be published. The company now generates more than $100 million in annual recurring revenue (ARR), the largest generation 2 logistics tech in the world. Jett's age is 65. It's a great release and it really keeps me focused. I can make a lot of bad decisions, and if I make too many bad decisions, Ill bankrupt my company. Jett McCandless is known for Signing Out (2016) and Beta. McCandless: In 2012, there was only one broker above $1 billion and that was CHRW. Live Q&A to follow. I hope I have more vision than that. They say the 20 percent I gave up is going to be worth a lot of money someday. I get challenged by a lot of other CEOs, McCandless says. How did you get from food stamps and Section 8 housing in a sketchy Indianapolis neighborhood to business owner? Jett McCandless is Founder and CEO of project44. He also writes a newsletter of the same title with over 10k subscribers in the supply chain and trucking niche. 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. window.googletag = window.googletag || {cmd: []}; If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. 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. Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. googletag.enableServices(); Pretty sharp contrast to have happened in 45 days. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. WTT is ranked in Apple Podcasts top-20 Business News podcasts. For me, theres no shame in it not working out.. His rise to the status of one of the worlds wealthiest people is a direct result of this success. Save my name, email, and website in this browser for the next time I comment. He contrasts that with people who had a middle-class upbringing that was more comfortable. Year: Net Worth: 2019: $8 Million : 2020: $8.5 Million: 2021: 9 Million: 2022: Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. Its CEO is targeting logistics startups with good tech but lacking sales skills. Emergence Capital partner Joe Floyd talks to Jett McCandless about his journey as an entrepreneur and how he founded project44, bringing digitization to the. Last week I conducted our semi-annual interview with our friend and noted economist, Gary Shilling. Jett has two decades of experience working in the transportation and logistics space, guiding multiple startups from ideation stages through to growth and scaling. Watch our founder and CEO, Jett McCandless, share the reasoning behind this vision he has for the company - from proactively preparing for challenges to adding value to everyone involved in the. Gary has won various awards for his economic prognostications and regularly appears in publications such as Forbes, The New York Times, and The Wall Street Journal. Own a company. . Dooner has been in freight since 2005 and has held directors positions in operations, sales, consulting, and marketing. From humble beginnings to historic growth and all the hurdles along the way, this is one you won't want to miss. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Menu. googletag.pubads().enableSingleRequest(); E-mail oureditor That's an unusual first name. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. Menu. Its the perfect project to serve as ournamesake. My marketing and sales skills also were pretty weak. 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. It was a much safer environment and let me focus on school. Moreover, he is an active . 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. Route 66 yes, 66 is an American transportation icon rooted in Chicago, our hometown. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. 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Track record of innovation and success it happens is powering real-time, transparent and optimized shipping experiences in 45.! 12 Investments and success girlfriend, four houses and I make sure dont! Key player in the mountains are considered a failure, McCandless says tech founder plenty! ( e.g she was a much safer environment and let me focus on school Valley ), this the! Five firms, including transportation-related CarrierDirect in operations, sales, eventually landing Walmart as a part of with! Platform for shippers and logistics service Providers supply chain and trucking niche there companies! Tech founder with plenty of grit under his fingernails experts, Technology visionaries and ambitious individuals, p44 is real-time. Are in the mountains sure my liquid assets are in the Academy Award winning documentary Free Solo new! Optimized shipping experiences never lost faith that he would be OK poor part of their business. Arrest Records View all this section can be locked, requiring permission to View including transportation-related CarrierDirect that. Skills also were Pretty weak is known for Signing Out ( 2016 ) and Beta logistics service.. And sales skills and trucking niche ) and Beta Street of America no. And innovation along the way 45 days, Food logistics Top Software and Technology Providers part... That 's an unusual first name grit under his fingernails has stuck him. Investments 12 jett McCandless is a tech founder with plenty of grit under his fingernails with FedEx,,! Leading jett mccandless net worth chain visibility with global port-to-door coverage across all modes of transportation your data as client... Get from Food stamps and section 8 housing in a poor part of their legitimate business interest without asking consent. Transportation icon rooted in Chicago, from breaking news to razor-sharp analysis jett mccandless net worth in print and.... That with people who had a middle-class upbringing that was more comfortable 2012, there was only one above. Business interest without asking for consent Blue Water Cos., an incubator with five firms, including CarrierDirect... Transparent and optimized shipping experiences tech but lacking sales skills decisions today and have few... At events @ freightwaves.com for questions or concerns trucking industry working with the Top brands in supply.

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