#1121 Mike Salguero | The Founder Who Bootstrapped To $500 Million In Revenue
The Pomp Podcast
Anthony Pompliano
4.8 • 1.9K Ratings
🗓️ 15 November 2022
⏱️ 111 minutes
🧾️ Download transcript
Summary
Mike Salguero is the Founder & CEO of Butcher Box. In this conversation, we discuss his journey from failing at his first business to bootstrapping a $500M business at Butcher Box. We also talk about Mike's methods to building businesses, interacting with his executives, and how he structures his day.
=======================
Valour (formerly DeFi Technologies) represents what’s next in the digital economy -- providing simplified, trusted access to crypto, decentralized finance and Web 3.0 investment opportunities. Institutions and investors can gain diversified, secure, compliant, and easily tradable access to a diversified set of industry-leading equity products and protocols, through a single stock purchase on a regulated exchange. Currently listed on U.S. (OTC: DEFTF) and Canadian (NEO:DEFI) exchanges.
For more information or to subscribe to receive company updates and financial information, visit our website at valour.com
=======================
Compass Mining is the world's first online marketplace for bitcoin mining hardware and hosting. Compass was founded with the goal of making it easy for everyone to mine bitcoin. Visit https://compassmining.io/ to start mining bitcoin today!
=======================
Arculus is the next generation crypto & NFT cold storage wallet that combines one of the world’s strongest security protocols with the easiest to use form factor and app. Arculus requires 3-Factor Authentication to ensure only you have access to your digital assets – something you know – a PIN, something you have – the Arculus Key Card, and biometrics. Learn more and buy it now on getarculus.com. Use promo code POMP to save 15%. Remember, with Arculus, it’s your keys, your crypto.
=======================
Exodus is leading the world out of the traditional financial system by building beautiful and user-friendly blockchain products. With its focus on design and user experience, Exodus has become one of the most popular and loved cryptocurrency apps. It’s supported on both desktop and mobile, allowing you to sync your wallet across multiple devices so you can have access to your funds anywhere. You can instantly exchange around 100 different cryptocurrencies straight from your wallet. Interactive charts let you view an asset’s price history and your portfolio’s performance over time. And maybe the best part, Exodus is integrated with the Trezor hardware wallet - making advanced security easy for everyone.
Visit exodus.com/pomp for your free download or search Exodus on the App Store or Playstore.
=======================
Amberdata provides the critical data infrastructure enabling financial institutions to participate in the digital asset class. We deliver comprehensive data and insights into blockchain networks, crypto markets, and decentralized finance. Download our Digital Asset Data Guide at https://www.amberdata.io/pomp
=======================
LMAX Digital - the market-leading solution for institutional crypto trading & custodial services - offers clients a regulated, transparent and secure trading environment, together with the deepest pool of crypto liquidity. LMAX Digital is also a primary price discovery venue, streaming real-time market data to the industry’s leading analytics platforms. LMAX Digital - secure, liquid, trusted. Learn more at LMAXdigital.com/pomp
=======================
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Now let's kick this thing off. |
| 0:11.9 | Mike Salgaro is the founder and CEO of Butcherbox. In this conversation, we talk about how he failed at his first business. |
| 0:18.6 | And then he bootstrapped a $500 million revenue business in Butcherbox what exactly he did to build the company how he interacts with his executives, |
| 0:26.6 | how he structures his day and much much more I really enjoyed this conversation with mike |
| 0:31.0 | and I hope you guys enjoyed as well once you get done listening jump on twitter let us know what you |
| 0:35.0 | liked and what you didn't like what you agreed with and what you disagreed with we really appreciate the feedback all right let's get |
| 0:40.1 | this episode with mike i hope you guys enjoy this one anthony pompleano runs pomp investments all |
| 0:45.3 | views of him and the guests on his podcast are surely their opinions and do not reflect the |
| 0:50.2 | opinions of pomp investments you should not treat any opinion expressed by Pomp or his |
| 0:54.8 | guest as a specific inducement to make a particular investment or follow a particular strategy, |
| 0:59.8 | but only as an expression of his personal opinion. This podcast is for informational purposes only. |
| 1:05.9 | All right, guys, bang, bang. I've got Mike here. You've built a business that you bootstrap, |
| 1:10.5 | raise no outside money to over $500 million |
| 1:12.9 | in revenue, which makes you seem like an absolute genius. |
| 1:16.1 | And much people are going to like, how the hell did you do that? |
| 1:18.6 | We'll talk about that in a second. |
| 1:20.1 | You also previously raised $30 million for a company that you learned a lot of things not |
| 1:26.5 | to do, doing. |
| 1:27.9 | Talk a little bit about kind of that first big experience, |
| 1:31.0 | trying to build a business, raise a bunch of money, |
| 1:32.8 | and like it not work out and kind of how you thought about, |
| 1:35.5 | hey, where do we screw up? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Anthony Pompliano, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Anthony Pompliano and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.