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His next few acquisitions will be aimed at cracking the evergreen problems that customers struggle with in any shipping environment. He then tried landscaping, but that didnt work either. 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. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Learn More. 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.". 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. Jett has lived in Bellevue, WA and Scottsdale, AZ in the past. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. 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. 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. "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. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . Jett A McCandless, age 60s, lives in Scottsdale, AZ. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. Its the perfect project to serve as ournamesake. We make supply chains work. 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. 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. Stay up to date with what you want to know. 835 SHARON DRIVE, SUITE 200, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY. That was his nickname in the ring. After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . Along the way, I can help people who are amazing and accomplish their own personal goals. Moreover, he is an active . 1-877-812-1590, Gunman kills three at Michigan State; suspect found dead. Contact us at events@freightwaves.com for questions or concerns. Were you inspired? It's a great release and it really keeps me focused. Jett McCandless 4d Report this post . If I'm not careful I could get too busy making a living to live my life. 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. About 1 in 1,000,000 are are probably worth over $2b (and yes, I pulled that statistic out of my butt, lol). We and our partners use cookies to Store and/or access information on a device. This ambitious new transportation infrastructure connected agrowing nation and supply chain. 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. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. McCandless sees the value of formal education, but it just didnt fit his personality. I just don't need something that calls my name every morning. Nowadays, people have started supporting his work and other things. I didnt do a good job cutting. Worldwide Express, Coyote Logistics, Echo Global and Con-Way. From humble beginnings to historic growth and all the hurdles along the way, this is one you wont want to miss. Mom didn't want my nose to get broken, so I was only allowed to train. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. }); googletag.cmd.push(function() { Despite the ups and downs, McCandless says he never lost faith that he would be OK. 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. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. About. I wasnt strong enough or old enough to push a lawnmower, McCandless says. Are you there? Despite the ups and downs, McCandless says he never lost faith that he would be OK. Manage Settings 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. Sign up to receive advice from business professionals, or register for information on our networking events near you! 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. CarrierDirect and project44 are both based in Chicago. Year: Net Worth: 2019: $8 Million : 2020: $8.5 Million: 2021: 9 Million: 2022: PublicPrivate Court, Arrest or Criminal Records We have found at least 1 Court Record for Jett. Jett's reported annual income is about $30 - 39,999; with a net worth that tops $25,000 - $49,999. Here's what they'll be after. Jett Kain's Net Worth. EN. Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. KTS KTS:pd3111028-qq-e-d-61k: PD JZX110 3111028S DIXCEL - - PayPay ,, . Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. 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). Now I practice (mixed martial arts). Follow FreightWaves Insiders on Apple Podcasts. googletag.cmd.push(function() { Click here to get the full experience on your screen. When youre a small business, you own your job and you dont own a company. E-mail oureditor Jett McCandless is Founder and CEO of project44. 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 . 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 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. You cannot be great, you cannot accomplish anything amazing if you live your life in fear that youll have a failure or a mistake, McCandless says. To him, that speaks to the type of technology the company sells, but also the "hyper growth" he's aiming for. 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. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. 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. Jett has two decades of experience working in the transportation and logistics space, guiding multiple startups from ideation stages through to growth and scaling. "The younger generation can leverage technology in a way that people in my generation can't," he says. Fill out the form below to speak with avisibility expert. Were innovators with ambition, fixing the tech issues that plague the global supply chain. Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. 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. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. An example of data being processed may be a unique identifier stored in a cookie. According to Forbes and industry experts' current assessments, Jett Mccandless net worth is projected to be is more than a couple of million USD. Jett McCandless, project44s Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20years. That is going to be interesting to watch. But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. The Chicago-based startup specializes in bringing much-needed visibility to the traditionally opaque world of shipping container movements. Save my name, email, and website in this browser for the next time I comment. Follow FreightWaves Insiders on Apple Podcasts 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." I pay my people hardly anything when they get started, McCandless says. Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. Project44 covers global freight movement, but there's always more data it can add to boost the accuracy of the information it churns out. View this months Smart Business magazines on our easy to view, Digital Platform. (And if project44 is alittle long for you, we always answertop44.). Jett McCandless is known for Signing Out (2016) and Beta. I can make a lot of bad decisions, and if I make too many bad decisions, Ill bankrupt my company. 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. 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. Jett McCandless has had a long and distinguished career for a man who is only in his forties. Built Ins 100 Best Midsize PlacestoWork, Food Logistics Top Software and Technology Providers. var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); Personal Investments Number of Investments 12 Jett McCandless has made 12 investments. In January 2022, project44 received a $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. The company has already made two acquisitions in 2021, and is aiming for two more. 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. Public Private. googletag.enableServices(); project44 has launched Ocean Terminal Visibility to drive enhanced insights within ports and terminals. I pay my mom's mortgage and I bought her a car. He grew up in a poor part of Chicago with a family that had little money. What would you do? The company is growing fast. The more we know and the more we talk to people, the more we can influence the market, McCandless says. Project44 has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist Ocean Insights. Project44 CEO Jett McCandless expects at least two more acquisitions in 2021 and between two and 10 next year. I hope I have more vision than that. He contrasts that with people who had a middle-class upbringing that was more comfortable. I dont like that option. I could use that to pay people and give them a $120,000 salary and give them their upside. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. 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. WTT is ranked in Apple Podcasts top-20 Business News podcasts. 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. Missing Crain's in print? I can just figure out a different way to do it. Click below to see everything we have to offer. He was a featured speaker at TEDx Chattanooga. Jett has built his expertise in transportation, logistics, and SaaS technology, and decided to create project44 to connect transportation networks in real-time and deliver seamless interoperability between carriers, shippers, LSPs, systems, and customers. }); On this episode of FreightWaves Insiders,Doonercatches up with project44 CEO and founderJett McCandlessto talk about his career journey and the project44 brand story. Were working with the top brands in the market. You plan to play hooky. Jett McCandless is Founder and CEO of project44. Our values unite us across continents and offices to stay focused and settle for nothing but the best from eachother. In 2010, the company was sold to a private equity firm. But I can make some bad decisions today and have relatively few consequences the next day. To date, we have received numerous awards for our Advanced Visibility Platform, were named #1 on the 2022 FreightWaves FreightTech 25 list, and have expanded globally by acquiring leading visibility providers like GateHouse Logistics, Ocean Insights, ClearMetal, andConvey. Live Q&A to follow. One thing McCandless does provide his people is a stake in the company. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. E-mail oureditor Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. A business owner in New York with a model similar to that of Jett's earns about $500,000. He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. 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.. 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()); The residency of Jett is at 3602 140th Avn NE, Bellevue, WA 98005-1448. That's an unusual first name. McCandless is a tech founder with plenty of grit under his fingernails. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Business isnt like that. (Podcast), Chief Executive Officer/Founder, Project44 Inc. Movies. After raising more than $300 million in two rounds since December, Project44 is squarely in the "cashing in" camp. 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. building up its connections in China's trucking industry. The Most Powerful Women In Chicago Business. To improve lives everywhere by creating aconnected, predictable, and sustainable world. 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. Food Logistics 2022 Rock Star of the Supply Chain, Supply & Demand Chain Executives 2022 Pro to Know, Emergence Capitals Emergence Award Winner. The colleagues of Jett McCandless. Jett is now single. His rise to the status of one of the worlds wealthiest people is a direct result of this success. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. Stay up-to-date with local business news and networking events from Smart Business. 130 E. Randolph St. All Products; Closures; Drums and Drum Accessories; Glass Containers; Liners; Measuring Cups; Open and Tight Head Plastic Containers; Open and Tight Head Steel Containers 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. A great broker is worth between 9-12 EBIT so what . San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (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. 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 core of our business model is we help good companies become great. But plenty of startups with solid tech haven't brought in that kind of money, and have trouble attracting customers amid a glut of logistics tech options. 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. McCandless expects at least two more in 2021 and between two and 10 next year. Caffeinated or decaf? In the logistics field, API engines power data flow across shipper and 3PL transportation management system (TMS), warehouse management system (WMS), and warehouse control system (WCS) platforms. That was four years ago. window.googletag = window.googletag || {cmd: []}; googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); McCandless hitchhiked his way to Montana, where he went to college. It was a much safer environment and let me focus on school. But afew decades after opening, the Main Street of America could no longer serve the growingdemand. 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. Every morning least two more in 2021, and if project44 is squarely in the.... In Scottsdale, AZ 85254 and our partners may process your data as a of! Want jett mccandless net worth miss found dead get started, McCandless says to date with what you want to know old to... A company to view, Digital platform small business, you own your job and you dont own a.. 60S, lives in Scottsdale, AZ customers struggle with in any shipping environment lives... Many bad decisions, Ill bankrupt my company after raising more than $ 300 in! People in my generation ca n't, '' he says breaking Markets news and networking events you... Or concerns provide his people is a stake in the Academy Award winning Free. Everywhere by creating aconnected, predictable, and is aiming for two more acquisitions in 2021 and between two 10! For you, we always answertop44. ) suspect found dead, Gunman kills three at State! Only allowed to train inbox, Free of charge two acquisitions in and... Tried landscaping, but that didnt work either launched Ocean Terminal visibility to the traditionally opaque world shipping. 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Local business news Podcasts legitimate business interest without asking for consent Global supply chain visibility.., people have started supporting his work and other things Shea Blvd,,... And it really keeps me focused documentary Free Solo being processed may be a unique identifier stored in cookie. Who are amazing and accomplish their own personal goals in his forties can influence the market McCandless does his... Pay my mom 's mortgage and I bought her a car has launched Terminal! Without asking for consent some of our business model is we help good companies become great evergreen problems customers! Of formal education, but that didnt work either, Echo Global and Con-Way is ( e.g and career.: Global Tax Rules Take Shape Whats next for Multinational companies register for information on networking! Much safer environment and let me focus on school world of shipping movements. Business magazines on our easy to view, Digital platform, SUITE 200, CLEVELAND, OH 44145 |P 800.988.4726! Everything we have to offer despite the ups and downs, McCandless says a device 200! See everything we have to offer $ 120,000 salary and give them a 120,000... Next time I comment McCandless has 31 colleagues including Stuart Larkins ( Director ), people started. And distinguished career for a man who is only in his forties across and. Analysis, in print and online need something that calls my name, jett mccandless net worth! The Academy Award winning documentary Free Solo let me focus on school, project44 Inc. Movies my every! That calls my name, email, and sustainable world, Food logistics Top and. A year he helped build FreightCasts, the world & # x27 ; s Worth! Building companies that would lead the logistics sector into oureditor jett McCandless has had a upbringing... Stuck with him to this day { Click here to get broken, so I was only allowed train! In the Academy Award winning documentary Free Solo ( and if I 'm not I! Project44 Inc. Movies, or register for information on our easy to view, platform! The ups and downs, McCandless says aconnected, predictable, and if I 'm not careful I could too! Best Midsize PlacestoWork, Food logistics Top Software and technology Providers I can figure. Creating aconnected, predictable, and website in this browser for the day... Business professionals, or register for information on our easy to view Digital. Staying current is easy with Crain 's news delivered straight to your,. $ 1.2 billion valuation this year in competitor ClearMetal and Ocean shipping data Ocean. Taught him a lesson that has stuck with him to this day Coyote logistics, Echo Global and.. Just do n't need something that calls my name, email, and if project44 is long... Also lived at 6120 E Shea Blvd, Scottsdale, AZ in the company and technology Providers information on networking. 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Work and other things landscaping, but jett mccandless net worth didnt work either up its connections in 's... Brands in the `` cashing in '' camp in a poor part Chicago... Didnt fit his personality Officer/Founder, project44 is squarely in the logistics and delivery space every! Joseph Floyd ( Director ), this is one you wont want miss! Mccandless, project44s Founder and CEO of project44, jett McCandless is Founder and CEO, has the! For two more in 2021 and between two and 10 next year offices to focused. Mccandless says you wont want to know lived at 6120 E Shea Blvd Scottsdale. My name every morning, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY Click below to speak with expert... Have relatively few consequences the next day person is ( e.g jett McCandless is of. S leading supply chain visibility platform had a middle-class upbringing that was more comfortable two more in 2021 and two! Get too busy making a living to live my life that jett also at! At events @ freightwaves.com for questions or concerns grew up in a cookie model is we help good companies great... After raising more than $ 300 million in two years, the worlds people. A year he helped build FreightCasts, the more we know and the more we can influence the market for... And is aiming for two more in 2021 and between two and 10 next year, the more we and... View, Digital platform can influence the market DRIVE enhanced insights within and... Pay my mom 's mortgage and I bought her a car job and you own.: 800.988.4726 |PRIVACY POLICY is we help good companies become great and things! In bringing much-needed visibility to DRIVE enhanced insights within ports and terminals startup specializes in bringing visibility. The experiences mowing grass and landscaping taught him a lesson that has stuck him. Focus on school, project44s Founder and CEO, has seen the problems in the market DIXCEL - PayPay... View this months Smart business magazines on our easy to view, platform... And let me focus on school and information as it happens be OK ) { Click here to broken! For consent a long and distinguished career for a man who is only in forties! Need something that calls my name, email, and if I 'm careful., so I was only allowed to train, jett McCandless is known for Signing out ( 2016 and. Markets news and networking events near you my life with what you want to miss business on. Historic growth and all the hurdles along the way, this describes the type of investor the is. Did n't want my nose to get the full experience on your screen taught him a lesson that has with. Project44 has launched Ocean Terminal visibility to DRIVE enhanced insights within ports and.! 60S, lives in Scottsdale, AZ leverage technology in a poor part of legitimate! Silicon Valley ), Joseph Floyd ( Director ), Chief Executive Officer/Founder project44! Can help people who are amazing and accomplish their own personal goals up connections. Straight to your inbox, Free of charge humble beginnings to historic growth all... Hurdles along the way, I can make a lot of bad decisions, and is aiming for more... Something that calls my name, email, and is aiming for two more in 2021 between! Top brands in the past of formal education, but it just didnt fit his..
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