Austen Allred

Links:Austen on TwitterAl on TwitterBloomtech (Formerly Lambda School)Becoming Trader Joe by Joe CoulombeRolling.funRolling Fun Podcast episodes:Rolling Fun Ep. 1Rolling Fun Ep. 2Rolling Fun Ep. 3Rolling Fun Ep. 4Creative EA Delegation with Athena on the PodcastSponsors:Athenago.comMadeByBread.comTopics:(6:29) - Warming up & Austen escaping San Francisco(13:35) - Catching up on Bloomtech’s growth(24:34) - Hiring horror stories and strategies(37:02) - A lot of advice is bullshit(50:10) - How to deal with hypergrowth(1:00:05) - Will VR be a real thing?(1:05:43) - AI’s early investment in Bloomtech(1:13:32) - Bottlenecks for future growth(1:18:09) - Work/Life… balance?To support the costs of producing this podcast: >> Buy a copy of the Navalmanack: www.navalmanack.com/ >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun>> Join the free weekly email list at ejorgenson.com/newsletter>> Text the podcast to a friend>> Give the podcast a positive review to help us reach new listeners

Austen Allred is on a mission to help people level up their skills and incomes, and his startup is helping thousands of them find new roles in tech fields, online. The venture, BloomTech, raised funding from Gigafund, a top-tier financier.

In this interview edition of the Daily Job Hunt, Joel sits down with Austen Allred to discuss the pathway for breaking into tech in 2022. Austen is the founder of online coding bootcamp Bloomtech (formerly Lambda School). Get The Daily Job Hunt sent to your inbox every day as well as the sign-up bonuses at https://careerhackers.com/djh/ Can't get enough? Get private video podcasts, private coaching, and private newsletters with Career Hackers bonus content https://careerhackers.com/#/portal/ In this episode: Moving out to Silicon Valley and sleeping in a car How Bloom Tech has evolved over the years Bloom Tech’s unique admissions process Bloom Tech’s “job driven” curriculum The path for breaking into tech How to stand out in the job market in 2022 Guest resources: https://www.bloomtech.com https://www.linkedin.com/in/austenallred/ https://www.austenallred.com

Dr. Rod Berger sat down with Austen Allred, the co-founder and CEO of Bloom Institute of Technology (BloomTech). A native of Springville, Utah, Austen’s start-up journey began in 2017 with him living in his two-door Civic while participating in Y Combinator, a San Francisco-based seed accelerator. This experience became the foundation of BloomTech’s rapid growth. BloomTech, believes there is a better way to approach education. Instead of asking its students to bet on it, Bloomtech bets on its students first. This paradigm-shifting model allows BloomTech to align the incentives of the school with the incentives of its students. ‍Before founding BloomTech, Austen was the co-founder of media platform GrassWire. He co-authored the growth hacking textbook Secret Sauce, which became a best-seller and provided him the personal seed money to build BloomTech. Austen’s disruptive ideas on the future of education, the labor market disconnect, and the opportunity of providing opportunity at-scale have been featured in: The Harvard Business Review, The Economist, WIRED, Fast Company, TechCrunch, The New York Times, among others.

Austen Allred is the co-founder and CEO of BloomTech Institute of Technology. A native of Springville, Utah, Austen’s start-up journey began in 2017 with him living in his two-door Civic while participating in Y Combinator, a San Francisco-based seed accelerator. This experience became the foundation of BloomTech's rapid growth. Before founding BloomTech, Austen was the co-founder of media platform GrassWire. He co-authored the growth hacking textbook Secret Sauce, which became a best-seller and provided him the personal seed money to build BloomTech. Austen’s disruptive ideas on the future of education, the labor market disconnect, and the opportunity of providing opportunity at-scale have been featured in: The Harvard Business Review, The Economist, WIRED, Fast Company, TechCrunch, The New York Times, among others. Austen is fluent in Russian and currently lives in San Francisco with his wife and two kids. You can find him on Twitter @Austen. 11:03 "Since we are promising (at least implicitly) an outcome, what if we guaranteed that?" - Austen Allred 13:12 "Instead of using an income share agreement, we created something called the "outcomes based loan." - Austen Allred 14:21 "It's also about where you're placing people." - Brian Keith 15:20 "A student should have a job offer by the end of this hiring day." - Austen Allred 16:48 "Why shouldn't you get a job in a day?" - Brian Keith 17:52 "It ends up with the same great job... you just kind of go in through the side door instead of the front door. - Austen Allred 21:21 "It's a broken system." - Austen Allred

Austen Allred is CEO and co-founder of Bloomtech, an online platform that educates future software engineers and scientists for free. In exchange, Bloomtech alumni give a share of their future income for two years. Austen also never enjoyed or appreciated academia. A native of rural Utah, it was not something he felt connected to. But one thing he knew for sure was that he wanted to live and work in Silicon Valley. Oh, and work in tech. But he didn’t have the money to do that. So what did he do? He moved anyways and slept in his two door Honda Civic whilst working a full time job. Problem 2: he didn’t have the money to start Bloomtech. He had to get creative. Austen co-founded a media platform named GrassWire and co-authored Secret Sauce, a growth-hacking textbook which quickly became a best-seller. This provided him with the personal seed money ($250,000) to create and launch Bloomtech in 2018. As well as the support and experience from being part of the 2017 Y-Combinator cohort. What began as a monthly cohort of 20 people, turned into 250 people a month. They have since graduated over 3000 students. The majority of those placed into high-paid jobs at companies like Apple and Google. The team includes 40 full time employees and 80 part time. Sharing his rewarding moments and success stories, you feel inspired by his motivation to help people financially. “It’s not about the stats, it’s about that girl who finally has her own bedroom for the first time.” Listen to the full story of Austen Allred and Bloomtech here. Useful links: Discover more about Austen Allred here. Invest in cool startups on Seedrs here. Capital at risk. If you are an entrepreneur or investor, and you’re ready to dive into the world of crowdfunding, get in contact with us today here. Don’t forget to leave us a 5* review on Apple Podcasts with the chance to win a £50 voucher from a brand of your choice!

In the third episode of Radio Free Zion, Conor and Austen discuss Elizabeth Holmes' dog, 'unknown knowns', politics as religion, Carl Jung, Fiddler on the Roof, and maintaining perspective when your means grow faster than anticipated. Now on YouTube! 

Schools are driven to give lectures and homework. But the reality is you actually learn by building stuff. The lecture is there but vaguely useful. You learn the exact amount as you spend fingers on the keyboard – writing code. If you’re not fingers on the keyboard writing code whatever you do is going to round to zero. This week Sachit (@sachitgupta) chats with entrepreneur Austen Allred (@Austen). Austen is the CEO and Co-Founder of Bloom Institute of Technology (previously Lambda School). In this conversation, they discuss how Bloom’s way of approaching education is different than traditional colleges, Income Share Agreements vs Outcome-Based Loans, the thought process behind building Bloom Tech, and where they’re headed. Find the show notes of the episode here - https://www.creators.show Follow our host, Sachit Gupta on Twitter and sign up for the Creators Collective Newsletter. Do you want to learn how to make a living as a creator? Check out the CreatorsMBA. Show Notes: 01:02 - Core insights that drive Bloom 03:01 - How Bloom defines student success 05:39 - Students not paying upfront and creating skin in the game 08:11 - Student Loans vs ISA vs Outcome-based Loan models 15:32 - How hiring companies make education  free for the students 17:37 - The criteria for finding the right applicants 21:41 - Is there a reverse correlation between imposter syndrome and intelligence? 24:05 - Austen’s early background 27:23 - How Bloom helps students get disproportionate results 31:39 - Instructional design - not one curriculum for every student but one curriculum for each one 33:14 - The experiential learning and platform 40:32 - The seamless integration of admissions, school, and matchmaking 43:54 - The future of Bloom Tech and managing the quality while scaling

Our guest, Austen Allred, is the Co-Founder & CEO at Bloom Institute of Technology.BloomTech is a Y Combinator from the Summer 2017 batch.Learn more and connect with Austen:Website: www.bloomtech.com/Twitter: mobile.twitter.com/AustenEmail: austen@bloomtech.com LinkedIn: www.linkedin.com/in/austenallredListen to more episodes here: bit.ly/2STWsETTIMESTAMPS:0:03 - What does Austen do? 8:03 - Income share agreements 15:50 - Optimizing human capital23:02 - How BloomTech acquired their hiring partners 29:32 - Upgrading outcomes through upgrading mindsets37:30 - Growing tensions between politics and tech43:55 - Zero-sum games vs. positive-sum games 52:58 - The dangers of incentive structures + college experiences shifting58:12 - Thoughts on investing + impact from companies 1:04:07 - The world we are moving towards + Web3 1:09:03 - Following up with Austen + where to learn more about BloomTech

Levels' Head of Growth, Ben Grynol, sat down with Austen Allred, CEO of Bloom Institute of Technology, formerly Lambda School, to discuss his approach to career-focused and lower-risk education and how it leads to rewarding jobs. (9:38) - The early days of Lambda School (11:27) - Democratizing the Silicon Valley experience (12:24) - The shortcomings of in-person bootcamps (13:55) - Why class size doesn't matter (15:07) - The value of adaptive education (21:15) - Customization at scale is the next frontier (24:19) - Adaptive education software (26:48) - The norm is suboptimal (33:36) - The value of scaled help (41:57) - The biggest challenge for Lambda (45:12) - Extrinsic vs. intrinsic motivation Timestamps & Show Notes Become a Levels Member – levelshealth.com Learn about Metabolic Health – levelshealth.com/blog Follow Levels on Social – @Levels on Instagram and Twitter