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Podcasting

Why ProfitWell sold to Paddle for $200M – Patrick Campbell [Video]

Here’s my interview with Patrick. We discussed how ProfitWell was able to compete with ChartMogul and Baremetrics, whether you should “try to own the market” with your startup, and why choosing the right SaaS market is important.Highlights (go straight to 🔥 for the best stuff):1:30 – The major downside to bootstrapping is the lack of network2:20 – Selling ProfitWell to Paddle, and integrating the two teams.4:15 – How ProfitWell got started (2012)6:00 – Initially three co-founders (Crunchbase)7:20 – Patrick’s background (what he did before ProfitWell)10:10 – What did bootstrapping ProfitWell look like? (How much did each founder invest?)14:15 – Do you want to be a lifestyle company or a “big ass company?” 🔥15:55 – What salary did Patrick pay himself? (Tweet) 🔥18:25 – Differences between Patrick (ProfitWell) and Josh Pigford (Baremetrics) 🔥21:45 – Should bootstrapped companies go freemium and try to “win the market?” 🔥26:40 – The characteristics of your market determine most of your outcomes 🔥🔥29:24 – “Don’t underestimate the velocity and size of your market.” 🔥34:35 – What doe the average SaaS company spend on sales and marketing? 🔥37:39 – Pricing your SaaS discussion 🔥42:45 – Why competitors entering a new market can be better for your company. 🔥47:10 – Should bootstrapped companies try to “own the market?” 🔥52:10 – “We’re in the second phase of SaaS: here’s what’s coming next.” 🔥61:53 – Did ProfitWell employees have equity?🎧 Listen to this as an audio podcast here:https://saas.transistor.fm/episodes/patrick-campbell-why-profitwell-sold-to-paddle-for-200m★ More about me: ★I founded https://transistor.fm/?via=justin (a podcast hosting and analytics platform) with Jon Buda. If you’re starting a podcast, check us out!My blog: https://justinjackson.caTwitter: https://twitter.com/mijustin

Categories
Entrepreneurship

This Investor REACTS to Startup Funding Advice From TikTok and The Office. | Inc. [Video]

Not all funding advice is created equal. One of the most important steps in starting a business is finding investors. We took to the internet to find some advice on startup funding and enlisted Ankur Jain, a former Tinder executive and the CEO and founder of venture studio Kairos, and our own Executive Editor Diana Ransom to tell the good advice from the bad.Inc. Magazine delivers advice, tools, and services to help business owners, entrepreneurs and CEOs grow their businesses more successfully. You’ll find information and advice covering virtually every business and management task including marketing, sales, finding capital, managing people, and much more. Visit Inc.com for the latest!Get social with Inc. on:Facebook: http://on.inc.com/ilqUryJTwitter: http://on.inc.com/8FGInRjLinkedIn: http://on.inc.com/gt7KsInInstagram: http://on.inc.com/wLObvE2Pinterest: http://on.inc.com/8lPoT0r00:00 Intro00:31 TikTok: Dollar Sign Empire02:00 TikTok: Simon Squibb 03:34 Reddit06:09 Silicon Valley07:50 The Office09:25 Takeaway

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Entrepreneurship

Starting a Business in 2022; How to Raise Money [Video]

Starting A Business in 2022; Here’s How to Raise MoneyRaising money to start a business can be daunting for startup entrepreneurs, but it’s not impossible.These two strategies can help you raise enough capital to start your business.⏰ TIME STAMPS ⏰ 0.00 Starting A Business in 2022; Here’s How to Raise Money1:32 OPM (Other People’s Money)3:12 Returns on Investment3:47 Offer Partnership 4:25 Prepare a Business Plan4:38 Draw up a Business Proposal5:27 How to Draw up a Business Proposal5:30 Step-by-step Guide on How to Write a Simple Business Plan5:57 How to Start SmallFREE DOWNLOAD — ABC of a Good Business Proposalhttps://bit.ly/3j6nIJfBusiness Plan Writing Made Easy — https://bit.ly/3bHE0qhSubscribe to this YouTube Channel — https://bit.ly/3GyWhTgJoin Emerge Africa on FB — https://bit.ly/3zYOImkConnect with me on FB — https://bit.ly/3K8oLp7Connect with me on Instagram — https://bit.ly/3nuHzF7Free Writing Training Watch 21 Days Writing Challenge Training Videos — https://bit.ly/3FxPdF8

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Entrepreneurship

How I Raised $2 Million During a World Crisis” (Crowdfunding tips) [Video]

When it comes to raising money, crowdfunding is one of the best ways for startups to find alternative capital. In this video, HubSpot will share 9 easy crowdfunding tips that’ll ensure a successful campaign. We will also speak to Dawn Dickson of PopCom who’s crowdfunding efforts helped her raise $2million during a global crisis.📔 The 23 Best Crowdfunding Sites: https://clickhubspot.com/4d7📔 Business Plan Templates: https://clickhubspot.com/mz9Video Chapters:0:00 Intro0:43 Top Crowdfunding Platforms0:53 What is Crowdfunding?01:02 Alternative Finance01:16 Dawn Dickson (crowdfunding example)01:33 What is PopCom?02:18 Crowdfunding During a Global Crisis02:51 Dawns 3 Crowdfunding Tips03:01 Understand Your Business Model03:15 Due Diligence 03:25 Understand Your Go to Market Strategy and Competition03:34 9 Crowdfunding Tips 05:26 Ignore the StatisticsAbout HubSpot: HubSpot is a leading CRM platform that provides education, software, and support to help businesses grow better. The platform includes marketing, sales, service, and website management products that start free and scale to meet our customers’ needs at any stage of growth. Today, thousands of customers around the world use HubSpot’s powerful and easy-to-use tools and integrations to attract, engage, and delight customers.⚠ Disclaimer:The videos on our YouTube channel are for informational purposes only, and are not intended as an endorsement for any of the products or services that we feature.#HubSpot #HubSpotMarketing

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Entrepreneurship

Starting a business 🔥 #shorts #how to start a business [Video]

In this video, I’ll show you the basics of starting a small or medium-sized business. This is an informative video for entrepreneurs looking to start their own businesses. It will cover everything from what types of businesses there are and how they can be categorized to different ways that people can go about starting a company on their own. This includes information about how much money it takes to start a business, as well as some best practices for ensuring your success in this endeavor!#Business startup guide#how to start a business#starting a business#startups#how to start a startup#startup company#startup funding#startup ideas#startup business ideas#startup india#small business ideas#business ideas 2021#new business ideas#new business ideas 2021#best business ideas

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Entrepreneurship

STARTING A BUSINESS EP5: HOW TO GET MONEY TO START A BUSINESS AS A TEEN (REALISTIC AND FAST METHODS) [Video]

Hi my favorite people ❤️! In this video we talk about making income to be able to start the business you’ve been thinking about starting!Check out the other videos apart of the business series:How To Start A Business STEP BY STEP: https://youtu.be/0tYl-_fzd7AHow To Find Free Trustable Vendors: https://youtu.be/R9FAKik5hnQHow To Build A Shopify Website From Scratch: https://youtu.be/SVRq8bb26BgAvoid This When Starting A Business: https://youtu.be/UehcGuvAugkOther Videos By Me: LETS CHAT: HOW TO START CHANGING YOUR LIFE AROUND WITH SIMPLE HABITS +MOTIVATION + CHANGING MENTALLY: youtu.be/UUUzhQ_6EzkConnect with me and follow my social medias:Insta: https://www.instagram.com/bellaaabandzz/Business Insta: https://www.instagram.com/exoticbeaut…Family Motivational Page: https://www.instagram.com/yougotthis810/Business Email: bellasbusinessinfo@gmail.comMusic Info/Creds:▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬COPYRIGHT FREE MUSIC: https://youtu.be/Ux5k7WtEG-o@Naturally Sunny -By The Pool By Lakey Inspired

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Entrepreneurship

Startup Questions: Starting a Business and Raising Funding | Blend Talks Q & A Session | Blend [Video]

BLEND Learning and Development Pvt. Ltd serves as ‘One Roof – One Connect’ Integrated Training Solutions Provider based in India. Our driving force is the Passion to Empower and make a difference collaborating with Corporates, Professionals, Education and Training Fraternity.Website: https://blendglobal.in/education/BLEND Global formulates customized training programs aimed to Improve performance, Enhance efficiency, Accelerate revenues.The focus is on original and incisive thinking that shapes our clients’ best practices to create a culture of inspiration and excellence.Our founders and advisory team are dedicated to filling the skill gap for individuals to achieve potential professional growth and become the driving force of transformation in an enterprise.

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Entrepreneurship

How To Start A Business With No Money UK [Video]

//TODAY’S TOPIC OF DISCUSSIONIn this video I talk about how you can start a business with no money in the UK. These tips allowed me to scale and grow my business over time starting with self-funding, then moving onto external sources of finance once my business was gaining traction and generating revenue.Don’t be overwhelmed by the possibility of not being able to start because of a lack of money – sometimes having no money makes you smarter, more frugal and conscious in your decision making process. Give it a go!————-//TIMESTAMPS0:00 – You Get An Idea1:04 – No Money1:14 – Don’t Worry2:21 – Step 1: Analyse Your Business3:15 – Step 2: Assess Your Financial Situation3:20 – Step 2a): Sort Out Your Expenses4:01 – Step 2b): Increase Your Income4:56 – Step 3): Funding Opportunities5:07 – Funding Option 1: Investment6:33 – Funding Option 2: Grants And Loans8:59 – Step 4): Do Things The Right Way10:17 – Share Your Story In The Comments Section————-//DISCLAIMERThe supporting video material from Cathrin Manning for the purpose of this video is greatly appreciated. It has been utilised within this video for educational purposes only; to help illustrate points, and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and are not entirely happy with the use of said material, please contact me via my email at thelegacyjournals@gmail.com. 🎥 [Cathrin Manning – How To START A YOUTUBE CHANNEL: Beginner’s guide to YouTube & growing from 0 subscribers] https://youtu.be/H7Z2TL5mVws————-//HOW I FILM📷 Sony ZV -1 Vlogging Camerahttps://amzn.to/3u8GRhs🔭 Sony ZV -1 Bluetooth Handgrip https://amzn.to/3f8bzTx🔭 Neewer Tripod with Rotatable Columnhttps://amzn.to/3oBEPoV💡 Andoer Soft Box Studio Kithttps://amzn.to/3ubLt6m💡Auxmir Galaxy Projector Lighthttps://amzn.to/2SgD7xe🎤Rode Wireless Gohttps://amzn.to/3f9utcM*Point of consideration: the above are affiliate links which may result in me receiving commission or reward for subsequent referrals and purchases*[Music] Free tracks: https://uppbeat.io[Tracks I Used In This Video]https://uppbeat.io/t/cutesy-chamber-ensemble/aw-cuteLicense code: RVV5BLH2SQX0XYBThttps://uppbeat.io/t/all-good-folks/jump-jiveLicense code: DKAHCN3AWSUZBFA8https://uppbeat.io/t/richard-smithson/cali-sunsetLicense code: BJ7ZEOGX4QOELRONhttps://uppbeat.io/t/92elm/jasmineLicense code: ACDYPAYRZEG1IVEQ————-//GET IN TOUCH📩 Email: thelegacyjournals@gmail.com📷 Insta: https://www.instagram.com/mirajptl/?hl=en*If you enjoyed this video leave a like, comment, and don’t forget to subscribe!*

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Entrepreneurship

How to start a Business and Get up Funded [Video]

How to establish your business in 30 days and open Business Bank account.Learn up Square funding from 300 to $250,000. Also, I speak of #FinTech behind the new AI Tech lending tools. #Plaid #LegalZoom1)Legal Zoomhttps://www.legalzoom.com/business/business-formation/2) Business banks accounthttps://www.bankofamerica.com/smallbusiness/deposits/business-advantage-banking/3)Squarehttps://squareup.com/us/en/capital

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Entrepreneurship

The Untold Laws of Growth Hacking – Propelling Your Business to Exponential Growth [Video]

Today’s lesson, we’re going to be discussing the principles of growth hacking. So why use growth hacking? Well, it saves on advertising costs. It’s more efficient, and it’s a much quicker way to grow than just using the traditional channels. And in many cases, when you just use the traditional marketing channels to grow, it costs a lot of money and you have to raise venture capital, which is why we discussed that in the previous lessons. But if you use growth hacking you can be much more efficient and you don’t need as much capital to grow faster. RESOURCES & LINKS: ____________________________________________Download the Assets mentioned in this course: https://neilpatel.com/training/Demo Duck: https://demoduck.com/Animoto: https://animoto.com/____________________________________________The first step with growth hacking is about having a product people want. It doesn’t matter how good you’re at marketing. If people don’t like your product or they don’t like your service, you’re not going to do well. So make sure you always fine-tune your product. There’s three disciplines that I want to cover in today’s lesson: psychology, technology, and marketing. Growth hacking is when you use marketing, psychology, and technology, and you combine them all to achieve business growth for maximum users, revenue sales. Now let’s dive into psychology first. With psychology, a lot of people are like, all right, this product was $30, now it’s 10. And in essence, they’re doing a sale, and that creates a lot of movement in the product. And when you have sales, that works out well. But you’re like, Hey, I don’t always have the sale running. That’s okay. You can use psychology in different ways with pricing. And the reason this is important when you’re using psychology within your copy, within the images is when you’re driving things like paid traffic, if your conversion rate isn’t as high, well, your ROI is not as good and you can’t spend as much. The big thing that I want you to take away when using psychology, it also needs to be logical. If it’s not logical, it doesn’t work as well. Yes, you want to play against emotions but you want to play against emotions and logic. Another strategy is product demos and explainer videos. We used to use them on crazyegg.com years ago. We used a company called Demo Duck back in the day to create them. There’s tons of options. Now I don’t know if Demo Duck still exists or not. And you can do it for more than just software companies or technology companies.You can also do it for eCommerce products. 73% more visitors who watch product videos will buy. Videos appear in roughly 14% of internet search results. So it’s a great way to get extra traffic. And 71% of consumers think videos explain the product better. And 57% are less surprised by products with the video, which causes less refunds. And 58% of shoppers think companies with product videos can be trusted. So you should really consider creating a video if you don’t have one.Another quick and easy way that you can grow as well, similar to, you know, using product videos as a hack, this one is exclusivity.I also recommend that you use humans in your video to explain things. Just keeps things really simple. I recommend you keep it short. Don’t have 20-30 minute videos if you don’t need to, if you can have a 1-minute video, even better 30 seconds. Anything that you can do to imply urgency. And the best product videos tend to tell a story as well as demo. So those two things are super important. I also want you to try progression as a psychological hack. And the idea of helping them achieve their goals is great. So whatever they’re doing, help them level up and achieve more. And that’s a great way to get them to really stick with it and continually pushing forward.I also want to show you advanced sales funnel that I use to generate more leads and sales. I use a lot of psychology in one of my funnels. I know it’s a little bit hard to see.Don’t worry about, you know, looking at each and every single step. Again, you can get this at NeilPatel.com/training. Click on Growth Hacking Unlocked, and in there click on week two. It’s the first video lesson in there. A lot of people use advanced funnels. Good example of this, my buddy Timothy Sykes, helped him grow to 15 million per year. He’s much bigger than that now. And Timothy really grew through funnels. It just worked really, really well for him. So imagine combining traditional marketing with technology and psychology, and that’s where the power comes from. That’s how you grow a business. If you need help growing your business check out my ad agency Neil Patel Digital @ https://neilpateldigital.com/ Subscribe: https://goo.gl/ScRTwc to learn more secret SEO tips.Find me on Facebook: https://www.facebook.com/neilkpatel/On Instagram: https://instagram.com/neilpatel/https://youtu.be/C6eersDUe9k#Entrepreneurship #Startup #GrowthHacking

Categories
Entrepreneurship

On The Spot: The biggest fear of starting a business [Video]

Todd has started dozens of successful businesses. But does he still have any fear when starting them? Check out this new “On The Spot Question” to see if a veteran in business has the same worries you do about your start-up.Read Todd book Wired Differently!! https://wireddifferently.com/product/special-product/