Wyatt Carrell is an engineer, American tech entrepreneur, and Founder and CEO of Verky. He established Verky when he got the chance to be a Lead Design Engineer at The Advatech company. It is a company that operates with algorithms and advanced technology used in websites to direct followers of technology accompanied with the mass production of ingenious tools and transform to a life that can be made simple.
Carrell lived in San Francisco, CA, where he graduated in Computer-Chemical Sciences from The Waymore Institute of Technology in 2013. By years of experience, he became a well-known personality among renowned industrial business persons and got many Foreign recognitions, Awards, and Patents. Among all of his patents, the one that got him global opportunities was the use of holograms associated with vibration technology and its usage during earthquakes. He also studied the inventive methods of execution of virtual gadgets on a global level that can utilize Liquid Data for the growth of the industry that depends on microchips.
Carrell is the son of Dr. Harry Carrel and Dr. Elizabeth Rodridge, who has been working as scientists in NASA. He has a brother, and among them, he is the eldest. Since Carrell was a kid, he was encouraged by science fairs to attend with his parents to work on Computer Science and its scope of combining with chemical engineering.
Before becoming a successful businessman, as a Lead Design Engineer, Carrell foresaw the scope with Liquid Data and its use in the tech industry on a virtual platform globally. He got the inspiration to use this technology to build virtual gadgets that can perform advanced simulations on a global platform altering the algorithm of the websites’ traffic and even devising a customizing strategy for the interest of the tech users. As years passed, Carrell obtained experience in this and founded Verky to make people aware of Liquid Data in the virtual world that could even generate military-grade information security for every individual without paying anything for it. He even portrays his interest in using this technology in the healthcare industry to secure the people.
How did you get started in this business?
I’ve always had a passion for Computer Science, Chemical Engineering, and I have been very fortunate to study and intern under some of the best Engineers and Scientists for several years. I have gained more than enough knowledge under these excellent mentors and have tried to implement these in my business. This knowledge was valuable, and I would cherish it throughout my life. One of the most important things that I have learned as a Tech Entrepreneur is that we have one life, and in this life, we should do something remarkable that could benefit people. With this, I went on doing research and finally found a formula that could save a lot of money for the people. Understanding how the logic and formula works is most important. It’s important to know that nobody will change mainstream life unless we do something new, and that’s what makes each one successful. During my college, I approached many of my friends to come forward and think about entrepreneurship. These business principles are a driving force that played a vital role in generating a successful business like The Verky Tech.
How do you make money?
Like any other Tech company that sells a product, we profit from the sale of our algorithms, products, and services. We distribute our samples to our partners and staff and ask them for any feedback if they have to give. We make changes and rework if it’s required. We look upon the money we make as a medium to sustain our company to continue our research and development of new products and algorithms that can continue to offer these types of benefits for our customers. We provide our prototype to big companies and ask them to sell it to check its feasibility. Companies like this really do exist, and honestly, when you work for one, you look forward to the work you do each day. It’s hard to make such good companies.
How long did it take for you to become profitable?
Initially, our marketing team took time to recognize the business standards, and accordingly, they devised a strategy since our field was a little bit complicated for people to understand. Not many people are aware of the technology-related term, which made it a little bit difficult for us to explain what we were actually trying to sell. But eventually, we figured out and successfully exhibited our record-breaking sales. We didn’t expect to come out this profitable, but our hard work paid off well. From this, we came to know that it’s better to take a step back and analyze rather than jump without knowing anything.
When you were starting, was there ever a time you doubted it would work? If so, how did you handle that?
I’ve had doubts about other ideas in business, but not with this one. I feel very, really, very happy to come up with this idea. There were times when I faced doubts about whether this business will work or not or some major downfall we might be experiencing. I would say handling those hard times was not easy, and I used to calm myself by looking at the data and experiments we were working on. Deep down, I knew this would work. Once I have gathered all of my information, data, facts, and thoughts on that particular situation, I try to look at it from a customer’s perspective and ask myself where the doubt is coming from and then what the best decision to make from there would be. Scrutinization is essential, especially when you are selling something.
How did you get your first customer?
We got our first customer by promoting our business to an international level and by, most importantly, networking. Some referrals also helped us, and we are grateful to everyone who has supported us with our ideas and saw the spark in us.
What is one marketing strategy (other than referrals) that you’re using that works really well to generate new business?
Promotions on an international level, getting your product name out there on social media significantly, will help tremendously. I would say networking and social media both are a must nowadays, and a good marketing team can help you with that. Coping up with today’s media is a must to survive in this digital world.
What is the most challenging decision you’ve had to make in the last few months?
These few months have been when we have faced a lot of crisis with our product and its developments because we were not having enough staff to help us. We had to provide all the necessary resources to work from home, and likewise, we came up with modifications in the business. These decisions might not seem significant, but those decisions can significantly impact sales, so they feel like huge decisions.
What do you think it is that makes you successful?
Since childhood, I was always enthusiastic about technology and hovered around my parent’s lab for more inspiration. They have helped me grow and changed my perspective of viewing things from a different angle. They are my strength, and I think anyone who holds on to the principles provided by his or her parents and uses them in their lives is what will make him or her successful.
What has been your most satisfying moment in business?
When I see the final product come together as per my dreams, when you work hard on something and see it through research and development to production, that is incredibly satisfying.
What does the future hold for your business? What are you most excited about?
Right now, I am very excited about our recent launch that is going to be released in the market very soon. Well, I can’t disclose anything since we are keeping it a secret from the public, but I can assure you that it will be exciting and mind-blowing. It’s something we have been looking forward to for a long time, and it will help a lot of people, especially during Covid times like this. We have released a prototype now, and we are experimenting with professionals in the industry. We are taking their feedback and working on some improvements. It will be launched on the website as well as on the google play store for easy installation on devices. It will be fast and accurate as we are including professionals from other backgrounds. And yes, we will make it accessible for our customers who sign up and donate to organizations that need help globally.
What business books have inspired you?
I am not much of a bookworm, and so I don’t read books. I like experimenting and research, and I generate them through my ideas and imaginations.
What advice would you give to your younger self?
I would tell my younger self to remember that the world will become a better place if you let go of all the negativity and keep only the positive aspects. No matter how much people criticize you, never give up on your dreams, ideas, and work. In the end, all will make sense, and you will be proud of yourself.
Are you willing to be a mentor? If so, how should someone contact you?
I am pretty busy these days, so not at this time, but maybe in the future. But I am open to suggestions on how to mentor someone. I hope I can be an excellent guide to become a prominent businessman.