BGBS 065 | Marlo Vernon | CarePenguin | You Just Have to Go For It

Marlo Vernon is a recent graduate from CU’s Leeds School of Business and the CEO of CarePenguin, an IoT business created to aid in the care of older adults living independently. After doing time as an international model and squirrel caregiver, she found her true passion in entrepreneurship.

As Marlo’s father is her co-founder and CTO, Marlo has delighted in the fact that now the tables are turned, and she can finally order him around.

In this episode, you’ll learn…

• What it’s like to build a business as a young, female entrepreneur


• It doesn’t matter if you don’t have all the answers yet. Have the confidence to go for it and learn as you grow.


• Have the resolve and confidence to prove your worth, even when others don’t believe in your vision like you do

Resources

Website: carepenguin.com

LinkedIn: Marlo Vernon

Twitter: @marlovernon

Instagram: marlo_vernon

Facebook: Marlo Vernon

Quotes

[32:30 ] The hardest thing is I have no idea what I’m doing. But I feel like first-time entrepreneurs have no idea what they’re doing. So I’m kind of just taking one obstacle at a time and trying to figure out, “Okay, what are we going to do here?” figure that out, get past it, and then move on to the next one.

[34:23 ] A lot of young entrepreneurs that I know are kind of caught up in this startup buzz where they love to talk about starting a company but they kind of just go from pitch competition to pitch competition and they do accelerator after accelerator, and at some point, you just have to build your company. You just have to do it.

[34:54 ] For women entrepreneurs, I would say just be confident and if you don’t know everything, just go for it anyway.

Podcast Transcript

Marlo Vernon 0:02

When I was at CU, the new venture challenge the big pitch competition. The year before I competed, my really good friend competed with a very similar product to mine. And he ended up winning the whole thing. And then I showed up with this product that I had been working on. I had tons of market research, I talked to 100 people in the space. I had people sign up to be beta testers. And I was met with like, a lot of criticism, and like skepticism, and I barely made it past the first round, and then didn’t make it any further in the competition. And I just thought that was interesting that an engineer, that’s a man won the whole competition and then the next year I show up with a product that’s further along. And the only difference I can really spot is that I’m a woman.

Marc Gutman 1:03

podcasting from Boulder, Colorado. This is the Baby Got Back story Podcast, where we dive into the story behind the story of today’s most inspiring storytellers, creators and entrepreneurs. I like big backstories and I cannot lie. I am your host, Marc Gutman, Marc Gutman, and on today’s episode of Baby Got Back story. We’re talking about hot water. IoT. That’s Internet of Things, an aging parents. But before we get to that, I need you. If you like and enjoy the show, please take a minute or two to rate and review us over at Apple podcasts or Spotify, Apple and Spotify use these ratings as part of the algorithm that determines ratings on their charts. If you haven’t reviewed, we have little IoT sensors, monitoring your podcasts and telling us who isn’t reviewing. So get on it. Now let’s get on with the show. Today’s guest is Marlo Vernon international model. First time SAS founder and CEO Marlo Vernon is all those things. But currently, She is the founder and CEO of CarePenguin, the business she created while in college to aid in the care of older adults living independently as Marlowe’s father is her co founder and CTO Marlo has delighted in the fact that now the tables are turned and she can finally order him around. Marlowe’s journey is a little different than those we normally feature on Baby got backstory. But that’s why I wanted her on the show. She’s just getting started already crushing it. And there’s a lot to learn from the next generation of entrepreneurs. And this is her story.

All right, I am here with Marlo Vernon, the founder and CEO of CarePenguin Marlowe. Welcome.

Marlo Vernon 3:15

Thank you. Thanks for having me.

Marc Gutman 3:18

How does that sound when you hear someone in a radio voice say Marlo Vernon founder and CEO of CarePenguin.

Marlo Vernon 3:29

I love it. It’s music to my ears. It’s really weird because my resume is like marketing intern marketing in turn CEO. So big, big difference there.

Marc Gutman 3:41

Well, for those of you that can’t think that it could happen over night, it certainly can. In Marlowe’s case. So that’s, that’s pretty awesome. And so before we get into it, what is CarePenguin.

Marlo Vernon 3:54

So CarePenguin is an IoT device and service that non invasively monitors the well being of older adults living independently by monitoring their activity through water use. So are we have a sensor that connects to the hot water pipe coming out of a water heater. And whenever someone turns on a faucet anywhere in the house, we can detect that activity. And then our app allows adult children or caregivers to look at the last time their loved one was active and check in without being invasive of their privacy and then they can receive alerts if there is a lack of activity. So it’s a lot it’s a lot less invasive than like cameras or motion sensors, that type of thing.

Marc Gutman 4:44

Yeah, and I was looking on your website earlier today. And this whole concept actually blows my mind a bit because my father is getting older. He just moved to Colorado welcome bad. You know he’s in his own apartment and stuff like that, but worry about him. And I know the traditional way is to have a wearable device or something like that, that perhaps you can either track or, or, or your loved one can can signal. But like, how in the world? Did you think of using water as the the measuring device or the metric because like, that just blows my mind that that that is the way that you’re able to keep track of, of the customers that you’re serving?

Marlo Vernon 5:30

Yeah, so actually, I started this business with my dad. So a few years ago, we were kind of like tinkering around with IoT devices. And we came up with this sensor to just see if someone’s home by measuring their water use, and it ended up working really well. And we, at the same time, my grandparents on both sides, were starting to get older, and starting to worry about them more. So we kind of thought, wow, this would actually be a really great way to see if my grandparents are okay. It seems to be like a great proxy for human behavior, because water, like hot water specifically is something that is only activated when someone takes an action. So we kind of came up with that. And then when I went to see you and took an entrepreneurship class, I started exploring this idea more. And the more I researched on, like this market and talking to my parents, my parents friends, this was like a huge problem. And so, and this seems like such a simple but comprehensive solution. So

Marc Gutman 6:48

yeah, and let’s let’s get back to that water thing. Like why water? Like, what is it about water? What spoke to you about water? Did you try other things, in terms of attaching a sensor was it always about this idea of hot water,

Marlo Vernon 7:01

it was kind of always about the idea of hot water, we we also have other ideas of like, refrigerator door lights, like sound sensors. But this seemed so simple. And it’s only one sensor that detects activity throughout the entire house. So you’d spend five minutes attaching it to your water pipe. And then you can see activity in the kitchen and the bathrooms. And it’s a lot easier than putting like motion sensors all over and like motion sensors, if you have like animals that will set it off. And water just seemed like a direct correlation between human activity and, and water.

Marc Gutman 7:49

I’m so fascinated by that. Is anyone else doing that right now? Or is this unique to CarePenguin the way that you’re approaching it.

Marlo Vernon 7:56

So there are some other companies that are doing like flow meters, but they’re, they’re more in the market of catching leaks. And they’re a lot more expensive. But what CarePenguin does actually is measure the temperature of the pipe so we don’t measure flow of water. And that’s part of what makes it so simple. And so, so much cheaper. No, you don’t have to like mess with the plumbing or anything. You literally just attach it to the pipe. And then it takes the temperature of the pipe. And whenever someone uses water, the temperature of that pipe spikes way up indicating that someone’s active.

Marc Gutman 8:36

Yeah. And you’d mentioned something earlier about you’re like, yeah, and my dad, we were just tinkering around, and we came up with this idea. So let’s take a step back in time was young Marlowe, I mean, Was this something that you were always interested in? Were you always interested in the internet of things? Were you always interested in app development as a when you’re when you were younger?

Marlo Vernon 9:01

Um, when I was younger, I wanted to be a fashion designer. And then I quickly realized I didn’t care about fashion. Um, but no, I grew up with my dad. He’s a serial entrepreneur. So I grew up with him talking about business at the dinner table every single night. Were

Marc Gutman 9:26 <br /