Why is raising capital more celebrated than building a business that is actually profitable? It may be a smarter play to join an actual business rather than a "concept company".
A bootstrapped company should be more attractive to people but for some reason, it is not. Today we are out to prove that driving a good business does not require venture capital and You do not need VC money to attract and hire the right talent.
Today’s Quote:
"Bootstrapping is a way to do something about the problems you have without letting someone else give you permission to do them."
- Tom Preson-Werner, co-founder of Github
Guest Bio:
Meetul Shah CEO of DemandMatrix, Inc., is a tech entrepreneur, having successfully built 3 companies prior to starting Demand Matrix. His “entrepreneurial” vision and inspiration comes from his desire to create and bring products to the marketplace that can help solve problems he himself has faced in his career. The combination of his years as a successful entrepreneur combined with his tenure at Microsoft has given a strong shape to his business acumen and technical expertise.
Meetul has been featured in several major publications, like CIO, NYT, WSJ, Washington Post, Huffington Post, Venture Beat, and more.
If you were to ask him to introduce himself in less than 5 seconds, he’d probably just say he’s an idea machine, health freak, and wine lover! He is deeply passionate about Sales and Marketing Productivity given his time working for and selling to enterprise companies like Microsoft, DocuSign, Google, Cisco.
Show Highlights:
What is Bootstrapping?
Why Bootstrap your company?
Challenges faced while hiring
Rick’s Input:
Solutions (what you learned):
As an Entrepreneur, where to Start?
Structure your process to allow for successful hiring
Rick's Process:
Key Takeaways:
Jordan Ritter!: Hire For The 3 C’s In Your Company! Culture, Capacity For Mastery, And Craft
Jean Latu: Fractional Leadership As A Viable Option In Building Your Business!
Robert Curtis: Using Analytics And Behavioral Models To Attract And Retain Great Talent!
Brian Andersen: Gamification! Improve Employee Engagement, Provide Better Customer Interaction, And Enhance Productivity In Your Company
Stephanie Paul: Communicate Your Message. The Keys To Crafting An Effective Presentation!
Robert Yonowitz: Bad Job Descriptions Breed Bad Hires! Success In Building An Outstanding Organization And Mitigating Legal Risk Starts With The Quality Of Your Job Description
Rodney Burris: Prioritize And Hire For EQ Over IQ! Mastering The Identification Of Emotional Intelligence In The Hiring Process
Craig Cooke: Knock Out Startup Pains By Learning How To Properly Evaluate The People You Are Looking To Hire!
Karl Hardesty: Feel The BURN! Burn Rate Management At Various Stages Of A Company's Life Cycle!
Paul David: Start Caring About Your People! Watch Your Business Thrive!
Dr. Deena Brown: Eliminate The Complaints About The Millennials! Learn To Properly Engage Talent To Elevate Into Valuable Employees!
Scott Krawitz: The Trials And Tribulations Of Finding The Right Technical Leader For Your Company
Karen Bajanov: Two Major Changes In California Law That Will Impact Your Interviewing Process In 2018!
Ash Kumra & John Reed of Youngry: The Secret To Creating A Movement Around Your Company!
Dalip Jaggi: Investing In Your People Above And Beyond The Standard!
Rod Swartwood: Human Capital Return On Investment! HCROI
Robert Davis: Investor Adoption And What To Do When You Are The Root Of Your Hiring Challenges!
Peter Polydor: The Importance Of A Strong Team When Shopping To Investors!
Brad Hendricks: Creating An Environment That Fosters Personal Growth And Smashes The Glass Ceiling!
John Crittenden: What Is The Right Time To Exit Your Startup?
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