Why Most Founders Are Unprepared for Privacy Laws & How to Build a Business That Survives Them
Description
In this episode of Founder2Founder, Aaron Spivak sits down with Richart Ruddie, serial entrepreneur, art collector, and founder of CaptainCompliance.com. Richart has built and exited multiple ventures across marketing, tech, and real estate, including one of the largest ORM agencies in the U.S.
From hustling calling cards as a teen, to selling a business at 24, Richart breaks down how he built a career by spotting overlooked opportunities and outworking everyone in the room. He shares the hard lessons behind scaling, selling, hiring, and why ignoring compliance could cost your company everything.
Chapters:
02:26 – Growing Up in Baltimore & Entrepreneurial Roots
03:35 – First Job Punching Calling Cards at Age 12
05:39 – Why “$10M” Isn’t the End Goal
07:19 – How College Shaped His Hustle
09:41 – Graduating Debt-Free Through Work Ethic
11:01 – Grit vs. Moats: Why Outworking Wins
12:06 – Giving First: A Foundational Principle
14:16 – Books That Changed His Life
19:44 – The First Business Exit: Dumpster Rentals at 24
21:13 – Breaking Into SEO & Internet Arbitrage
23:32 – How He Scaled a Boring Business Fast
25:39 – Selling Leads in a Non-Tech Industry
26:46 – Exit Strategy: When to Sell and Why
28:06 – Building Profile Defenders From a Craigslist Ad
29:25 – Scaling to $90K/Month in Under a Year
31:00 – Private Equity Exit in 2023: How It Went Down
32:11 – Systems vs. Team: What Buyers Really Look For
33:49 – Why He Left 7x Revenue Growth on the Table
37:48 – The Compliance Opportunity Most Founders Miss
40:07 – From Removal Services to Privacy Software
41:54 – Understanding Regulatory Risk in Scaling
44:31 – Real Lawsuits: The Wake-Up Call for Founders
46:55 – How $500/Month Could Have Saved a $5M Lawsuit
49:08 – Hiring Strategy: Culture, Grit & Technical Testing
50:46 – The One Interview Question That Says It All
53:44 – Building & Exiting in a Hyper-Competitive Market
55:19 – Advice to His 15-Year-Old Self
58:08 – Why Going Deep, Not Wide, Builds Real Advantage
Guest Links:
Website: https://captaincompliance.com/
LinkedIn: https://www.linkedin.com/in/richartruddie/
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