Chapter
Challenges faced by startups in achieving ARR of 100 million
31:03 - 35:41 (04:38)
Startups face challenges like revenue delay and provision issues that affect their ARR. The companies that achieve an ARR of $100 million face a "dead zone."
Clips
The speaker argues that it's imperative to have a solid distribution plan in place for your product, in order to succeed in the market.
31:03 - 32:19 (01:16)
Summary
The speaker argues that it's imperative to have a solid distribution plan in place for your product, in order to succeed in the market. However, it's equally important to ensure that the product itself is of high quality.
ChapterChallenges faced by startups in achieving ARR of 100 million
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
The biggest challenge that startups face is not having a great product but knowing how to distribute it.
32:19 - 33:28 (01:08)
Summary
The biggest challenge that startups face is not having a great product but knowing how to distribute it. This is a common problem known as the SMB problem, where selling to schools and teachers can be difficult due to a complicated buying process and cash flow issues.
ChapterChallenges faced by startups in achieving ARR of 100 million
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
Companies that achieve $100 million ARR need either loads of customers at an affordable rate or a small number of high-paying customers, according to a sales expert.
33:28 - 35:41 (02:13)
Summary
Companies that achieve $100 million ARR need either loads of customers at an affordable rate or a small number of high-paying customers, according to a sales expert.