How To Build Disruptive Platforms That Democratize Industries, Joel Hyatt - CEO Globality

Legendary entrepreneur Joel Hyatt has built extremely disruptive ventures that have democratized services across legal, technology, and media sectors.

He did it with legal services for ‘the rest of us’ when he co-founded Hyatt Legal in the 70’s —busting the ban on lawyer ads—and also shook up the industry by adding legal as an employee benefit, which is now part of MetLife.

After winning an antitrust case which broke up a big media stronghold, he and Al Gore started Current TV pioneering user-generated content. Current TV was hot, and received multiple Emmys, Peabodys, and Livingston Awards, investments from Comcast and Direct TV and is now a part of Aljazera Media Network.

Joel's latest venture, Globality, is all about streamlining and enhancing the procurement process for businesses. Leveraging both machine learning and generative AI, the company offers something totally unique it calls “autonomous self-serve sourcing.”

And what’s interesting is that this is no 2024 VC-backed start-up leaping on the AI bandwagon. Joel has been developing this solution for years, and so has both learned what works and what doesn’t.

On this episode Joel shares decades of wisdom from his various endeavors that democratized oligopolies; unpacks untold stories about how Globality is transforming the boring side of business—and tells some fun and humorous startup stories with his friend Al Gore.