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:
Hiring Now is a Strong Indicator of an Innovative Business with Jay Connor of Learning Ovation
Hijacks The Show! Worst Messages, Job Descriptions & Accountability with Kelly Robinson of RedDot Media
The Key to Hiring is Knowing Y.O.U. & Your Audience with Stephanie Paul of The Executive Storyteller Academy
Unlimited PTO… The Pretend Time Off with Addam Gordon & Ulises Orozco of PTO Genius
Removing Bias in the Hiring Process with Bruce Marable of Employee Cycle
The Most Effective Video Interview Structure: The Interview Part III with John Driscoll of Naked Development
Finding & Building Great People in an Off Premise Work Environment with Bonnie Harvey & Michael Houlihan of Barefoot Wines
Modern Elders Are The Secret Untapped Pool of Talent with Kelly Robinson of RedDot Media
Best Building A Cultural Document Tips You Will Hear This Year! with Jeff Wald of WorkMarket
Startups Fail Due to Lack of Prioritizing Marketing (& Hiring) Soon Enough with Andrew Miller of GrowthExpertz
Trouble Pulling the Trigger on the Hire with Steve Pfrenzinger of Pfrenzinger Agency Inc.
Hiring Trusted Talent with AJ Bruno of QuotaPath
Why do You Need to Hire a Leader? with Ed Tyson of PerSynergy Consulting
Your IT Challenges with Off-Boarding Start with Improper On-Boarding with David DeFrancis of IT Proactive
How to Manage Remote Teams with Shiran Yaroslavsky of Cassiopeia Tech
How to effectively screen applicants to ensure employee retention with Shawn Sheikh of Pivot CMO
IT Infrastructure in a Remote Work Environment with Greg Keller of JumpCloud
Using Assessments to Eliminate the Resume with Josh Millet of Criteria Corp
The Most Effective Video Interview Structure: Phone/Video Screen! Part II with John Driscoll of Naked Development
Embracing the Change of Your Remote Workforce with Rod Trujillo of International Rubber Products
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