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Entrepreneurs for Impact - Green Hydrogen Project Development by Cleantech Veteran —  Jake Susman, CEO of Ambient Fuels

Green Hydrogen Project Development by Cleantech Veteran — Jake Susman, CEO of Ambient Fuels

12/15/22 • 52 min

1 Listener

Entrepreneurs for Impact

My guest today is Jake Susman, Cofounder and CEO of Ambient Fuels.

Ambient Fuels is a pure-play developer of green hydrogen projects, guiding heavy industry through the great green upgrade.

In addition, he is the:

  • Executive Advisory Board Member at Activate Capital
  • Board member of Urban Resiliency Advisory Board with the Partnership Fund for New York City
  • Board Member at SolarKal, the largest commercial solar marketplace in the U.S.
  • Board President & Co-Founder at Cleantech Leaders Roundtable

In this episode, we talked about:

  • How Ambient Fuel was focused on green hydrogen before the Inflation Reduction Act made it super attractive to be in this sector
  • The kinds of sectors that Ambient helps the most – e.g., refining, chemical, and fertilizers
  • His prior development firm, Own Energy, and its origin as one of the earliest VC-funded renewable energy project developers, which was later purchased by EDF
  • The genesis of his entrepreneurial journey via “el jefe” at AES in Spain
  • Why timing can be so important in determining whether a deal gets done, or dies on the vine
  • The fact that not all investor capital is created equal and a gross analogy with fast food
  • Why premortem analysis exercises can help reduce future startup failure risks
  • His commitment to meditation 4x per week and sweating in some kind of physical activity every day
  • And lots more

Hope you enjoy it.

And give Jake and Ambient fuels a shout-out on LinkedIn, Slack, or Twitter by sharing this podcast with your people.

---

Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.

Our two offerings include:

  1. Climate CEO Mastermind Peer Groups — Our invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.
  2. Newsletter — A 3-minute weekly summary of climate tech, startups, better habits, and deep work.

Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.

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My guest today is Jake Susman, Cofounder and CEO of Ambient Fuels.

Ambient Fuels is a pure-play developer of green hydrogen projects, guiding heavy industry through the great green upgrade.

In addition, he is the:

  • Executive Advisory Board Member at Activate Capital
  • Board member of Urban Resiliency Advisory Board with the Partnership Fund for New York City
  • Board Member at SolarKal, the largest commercial solar marketplace in the U.S.
  • Board President & Co-Founder at Cleantech Leaders Roundtable

In this episode, we talked about:

  • How Ambient Fuel was focused on green hydrogen before the Inflation Reduction Act made it super attractive to be in this sector
  • The kinds of sectors that Ambient helps the most – e.g., refining, chemical, and fertilizers
  • His prior development firm, Own Energy, and its origin as one of the earliest VC-funded renewable energy project developers, which was later purchased by EDF
  • The genesis of his entrepreneurial journey via “el jefe” at AES in Spain
  • Why timing can be so important in determining whether a deal gets done, or dies on the vine
  • The fact that not all investor capital is created equal and a gross analogy with fast food
  • Why premortem analysis exercises can help reduce future startup failure risks
  • His commitment to meditation 4x per week and sweating in some kind of physical activity every day
  • And lots more

Hope you enjoy it.

And give Jake and Ambient fuels a shout-out on LinkedIn, Slack, or Twitter by sharing this podcast with your people.

---

Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.

Our two offerings include:

  1. Climate CEO Mastermind Peer Groups — Our invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.
  2. Newsletter — A 3-minute weekly summary of climate tech, startups, better habits, and deep work.

Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.

Previous Episode

undefined - $200M for Turning Organic Waste into Profitable Compost —  Joseph McMillin, CEO of Atlas Organics

$200M for Turning Organic Waste into Profitable Compost — Joseph McMillin, CEO of Atlas Organics

My guest today is Joseph McMillin, Cofounder and CEO of Atlas Organics.

Atlas Organics is a national leader in organic waste recycling. Their key partner is Generate Capital, a multi-billion-dollar sustainable infrastructure investor.

Joseph is also a member of the Climate Mastermind peer groups we run at Entrepreneurs for Impact with three dozen growth-stage CEOs and investors tackling climate change.

In this episode, we talked about the following:

  • His purchase of an old school bus, which he renovated and drove across the country during Covid, with his wife, young son, and four dogs (woah!)
  • The importance of his earliest investors – such as Closed Loop and Gratitude Railroad – having confidence that he and his partner would land on the right business model to scale organic waste recycling
  • Their evolution from collecting food waste in a truck to doing public-private partnerships to handle cities’ waste and buying existing organic waste processing facilities across the country
  • How his projects earn revenue, and which revenue sources are contracted versus the spot market
  • The role of city and state mandates and voluntary targets in driving greater organic waste recycling
  • How their talent and operational processes have been influenced by books, such as Mastering the Rockefeller Habits: What You Must Do to Increase the Value of Your Growing Firm, as well as the interview practices described in topgrading
  • His ideal morning routine of exercise, journaling, meditation, and reflection – if he’s able to get up at 4:45 am
  • And lots more

Hope you enjoy.

And give Joseph a shout-out on LinkedIn, Slack, or Twitter by sharing this podcast with your people.

---

Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.

Our two offerings include:

  1. Climate CEO Mastermind Peer Groups — Our invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.
  2. Newsletter — A 3-minute weekly summary of climate tech, startups, better habits, and deep work.

Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.

Next Episode

undefined - Dear Startup Founder — Here are 6 Questions from a $1.1B Climate Tech VC Firm

Dear Startup Founder — Here are 6 Questions from a $1.1B Climate Tech VC Firm

In this newsletter-turned-podcast episode from Entrepreneurs for Impact, I cover the following:

  • 💰 $64B of new cash for climate in 2022
  • 📰 New carbon removal buyer's guide
  • ☁️ TPG invests $300M into carbon credit platform
  • 🤔 Pain + reflection = progress
  • ⛰️ 75 Hard vs. 60 Medium
  • 🥇 Here’s what this VC looks for in a climate tech startup
  • 📰 News flash: Climate is about people, not just startup exits
  • 🙋‍♂️ Want a job in climate tech?
  • 📈 Price’s Law: The square root of people
  • 👵 Retire far earlier than age 65

Enjoy!

Ping me on LinkedIn to let me know what you think about it.

-------

Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.

Here's our weekly newsletter — A 3-minute summary of climate tech startups, better habits, and deep work trends: https://entrepreneursforimpact.substack.com

Our main program is a Climate CEO Mastermind peer group community: https://entrepreneursforimpact.com

Our invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.

Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.

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