The hosts discuss the importance of leveraging a business and raising prices, citing examples of how they've been able to make significant increases in revenue with minimal effort. They also discuss potential future plans to buy more software companies and 10X their prices.
Despite having over 30,000 people on their waitlist, a startup only converted a tiny percentage when they launched their product. Despite initially deciding not to raise any more funds, they ended up raising 1.4 million dollars due to unforeseen circumstances.
In a conversation, the speaker highlights the significant role the market plays over product regardless of how impressive or cool it might be in a SaaS business, adding that the market will decide whether or not it should be pulled out.
Learn how to effectively negotiate with clients and what to do if they negotiate with you in this episode featuring hot seats and practical tips for photographers.
The speaker discusses collecting points for business travel and how some companies convert them to cash, while others allow employees to redeem them for perks like first-class flights.
The speaker talks about fundraising for startups and mentions how often times we celebrate the raising of money but not the product itself being celebrated and used by actual customers.