The Excitement of Starting Companies | Jim Castelez

 

About Jim Castelez

Jim Castelez is the founder and CEO of Motiv Power Systems; a company that works to retrofits diesel trucks into electric vehicles. Before he founded Motiv Power Systems, Jim worked as Chief Architect at an EV start-up focused on designing electric buses. Jim received a BS in Engineering and Economics from Harvey Mudd College and an MSEE from Stanford University.

 

Jim Castelez
It’s difficult to bring a new product into a new market. One of my favorite moments was when we were bringing our very first demonstration vehicle to our very first trade show. And we kind of had the date set and it was fast approaching and this demonstration vehicle still wasn’t operating. It was a pretty novel shuttle bus in the way that it used multiple battery technologies on one vehicle. At one time no one had ever done this. The longest I slept was like in a corner covered by some blankets that our painters had discarded as they were doing the final vinyl wrap on the vehicle over that time period, we were just tweaking things trying to get the vehicle to work and to work optimally. And one by one our team just like fell off from exhaustion. And it was just me and one power electronics engineer. And he’s kind of passed out in the vehicle. And we’re, you know, hacking away trying to figure out like, what was this happening in the software that was preventing our vehicle from driving and the tow truck was there to take our vehicle to the show, which was in Indianapolis, and he had postponed as long as he could, he was going to deadhead drive straight there from California. And he said, Okay, we gotta go there, they hook up the shuttle, and they winch it onto the flatbed truck, and I’m still inside of their code. Some of my team has to test to come in and pull me out of the vehicle so that the guy can finally drive away. And then I you know, I get on the phone with our software engineer, and we have like, 12 hours until our flights and we’re still hacking away. We think we fix it, we get to the show, we load on the new code. And lo and behold, it actually runs. We had never charged the vehicle before though. So my poor power electronics engineer who was with me through the end volunteers to sleep in the vehicle overnight, just to make sure that it could charge correctly at this show. So it could be already but it actually all went very well and the ride and drive was successful. We were able to demonstrate the technology and I mean, we’ve come a long way since then. But that story is always going to be I think part of you know, just an example like the excitement of starting a company.

 

We hope you enjoyed this interview; “The Excitement of Starting Companies | Jim Castelez”.

To receive our free newsletter, contact us here.

Subscribe our YouTube Channel for more updates.

This transcript was generated by software and may not accurately reflect exactly what was said.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more.

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  I’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

 

Jim Castelez on Alan Olsen's American Dreams Radio
Jim Castelez

Jim Castelez is the founder and CEO of Motiv Power Systems; a company that works to retrofits diesel trucks into electric vehicles. Before he founded Motiv Power Systems, Jim worked as Chief Architect at an EV start-up focused on designing electric buses. Jim received a BS in Engineering and Economics from Harvey Mudd College and an MSEE from Stanford University.

Alan Olsen on Alan Olsen's American Dreams Radio
Alan Olsen

Alan is managing partner at Greenstein, Rogoff, Olsen & Co., LLP, (GROCO) and is a respected leader in his field. He is also the radio show host to American Dreams. Alan’s CPA firm resides in the San Francisco Bay Area and serves some of the most influential Venture Capitalist in the world. GROCO’s affluent CPA core competency is advising High Net Worth individual clients in tax and financial strategies. Alan is a current member of the Stanford Institute for Economic Policy Research (S.I.E.P.R.) SIEPR’s goal is to improve long-term economic policy. Alan has more than 25 years of experience in public accounting and develops innovative financial strategies for business enterprises. Alan also serves on President Kim Clark’s BYU-Idaho Advancement council. (President Clark lead the Harvard Business School programs for 30 years prior to joining BYU-idaho. As a specialist in income tax, Alan frequently lectures and writes articles about tax issues for professional organizations and community groups. He also teaches accounting as a member of the adjunct faculty at Ohlone College.

Posted in