When I started my coaching business, I built a course called “Idea to Exit”. It failed. I spent months brainstorming the outline and content. Recorded dozens of videos in a professional recording studio. I poured my heart and soul into it. The course was the best in the world. Then I had some trusted people in the industry promote it.
“Should I raise money from your customers or big strategic investors?” Hard to say without taking a closer look. But having raised over $500M of venture capital, I know what you SHOULDN’T do IF you decide to raise. These mistakes will cost you time, resources, money, and most importantly…drain the passion from you like a dehydrated vampire. These are the
SaaS, or Software as a Service, is (IMO) one of the best business models to be in right now. There’s no inventory. No physical product. No shipping department or manufactures to deal with. Profit is high. And you can start a software company even if you have no coding or development experience. I personally know Software Founders who don’t have
There is a false belief among Founders… That as their company grows, so will their stress and overwhelm. I’ve spent almost my whole life trying to convince Founders that this ISN’T true. And it doesn’t have to be true for you either…
I’m so excited about this video… When I first figured this out, I couldn’t stop talking about it.
When I was building Flowtown, we had 10,000 customers… … and we were losing 100% of them every 8 months. Literally, all of them, GONE.
I did the numbers a few days ago… I’ve probably hired over 500+ people, personally. And I’ve wasted hundreds of thousands of $$$ by hiring the RIGHT person at the WRONG time. (I’m not even including all the money I wasted hiring the wrong person, period.) The biggest mistake I made was this:
If you’ve ever met me, then you know… I’m pretty intense about almost everything I do. Which is probably why… I quit drinking almost a decade ago and it was probably one of the BEST decisions I’ve ever made in my life.
We’ve all heard stories of SaaS founders whose day-to-day business almost killed them. They get over-invested and their health suffers, their relationships suffer, their family suffers. But that’s NOT the story I want to share with you.
Everyone talks about the fear of failure… But what about the fear of success? The fear of making it? The fear of your book hitting the best-seller list?
