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Why Bootstrapping is a Slow Death for Ambitious Founders

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Manage episode 515370593 series 3376178
Content provided by Sean Weisbrot. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Weisbrot or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

For many ambitious founders, bootstrapping is a slow death. After building a profitable, high seven-figure SaaS company for 10 years, Sameer Narkar realized his self-funded model was no longer enough to win. In this interview, Sameer explains why the AI revolution is forcing successful bootstrapped companies into raising funds to move faster. He breaks down his decision to seek investment after a decade of profitability, why he believes thinking about an exit is a distraction from building a great product, and how he plans to use the new capital to "buy growth" by investing in experienced sales teams and partnerships rather than burning cash on ads. Check out the company: https://konnectinsights.com


Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory


👀 CONNECT WITH SEAN

Subscribe: https://www.youtube.com/@seanweisbrot

LinkedIn: https://linkedin.com/in/seanweisbrot

Inquiries: [email protected]


🕒 CHAPTERS

00:00 - Why I'm Abandoning My 8-Figure Bootstrap Business

00:35 - The AI Arms Race Demands Speed

02:42 - Fundraising With No Plan to Exit?

04:28 - Is a "Lifestyle Business" a Bad Thing?

08:20 - How $15M Changes a Profitable Company

09:50 - The "Spend $110 for every $100 Earned" Growth Model

12:01 - Why We Invest in Partnerships, Not Google Ads

15:20 - Why We're Hiring Expensive, Experienced Sales Vets

18:10 - Our Content Strategy: Case Studies & Industry Reports

23:05 - The Hardest Part of The Bootstrapping Journey

27:57 - The Most Important Lesson After 10 Years as a Founder


📈 WORK WITH ME

â–¶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory

â–¶ Sponsor the Channel: https://www.welivetobuild.com/collaborate

â–¶ My AI/Automation Agency: https://optimai.ai


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

282 episodes

Artwork
iconShare
 
Manage episode 515370593 series 3376178
Content provided by Sean Weisbrot. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Weisbrot or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

For many ambitious founders, bootstrapping is a slow death. After building a profitable, high seven-figure SaaS company for 10 years, Sameer Narkar realized his self-funded model was no longer enough to win. In this interview, Sameer explains why the AI revolution is forcing successful bootstrapped companies into raising funds to move faster. He breaks down his decision to seek investment after a decade of profitability, why he believes thinking about an exit is a distraction from building a great product, and how he plans to use the new capital to "buy growth" by investing in experienced sales teams and partnerships rather than burning cash on ads. Check out the company: https://konnectinsights.com


Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory


👀 CONNECT WITH SEAN

Subscribe: https://www.youtube.com/@seanweisbrot

LinkedIn: https://linkedin.com/in/seanweisbrot

Inquiries: [email protected]


🕒 CHAPTERS

00:00 - Why I'm Abandoning My 8-Figure Bootstrap Business

00:35 - The AI Arms Race Demands Speed

02:42 - Fundraising With No Plan to Exit?

04:28 - Is a "Lifestyle Business" a Bad Thing?

08:20 - How $15M Changes a Profitable Company

09:50 - The "Spend $110 for every $100 Earned" Growth Model

12:01 - Why We Invest in Partnerships, Not Google Ads

15:20 - Why We're Hiring Expensive, Experienced Sales Vets

18:10 - Our Content Strategy: Case Studies & Industry Reports

23:05 - The Hardest Part of The Bootstrapping Journey

27:57 - The Most Important Lesson After 10 Years as a Founder


📈 WORK WITH ME

â–¶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory

â–¶ Sponsor the Channel: https://www.welivetobuild.com/collaborate

â–¶ My AI/Automation Agency: https://optimai.ai


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

282 episodes

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