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The How of Business - How to start, run, grow and exit a small business.

162: Bootstrapping with Connor Gillivan

The How of Business - How to start, run, grow and exit a small business.

Henry Lopez, Levante Business Group

Entrepreneurship, Business

4.7522 Ratings

🗓️ 20 November 2017

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bootstrapping a small business with Connor Gillivan. Connor is an entrepreneur and the co-founder of Freeup.com. He shares his life experiences, including his adventures in South Africa and Nicaragua, and valuable tips & advice for bootstrapping a small business - starting with no or very little borrowed money, and instead growing through reinvestment of the profits. Topics in this conversation with Connor include Managing the Finances, Strategic Planning, Systems & Processes, Hiring the Right Team, Lending & Management, and Building a Loyal Following of Customers.

Henry Lopez is the host of this episode of The How of Business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)

Transcript

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0:00.0

Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start, run, and grow your small business. And now, here is your host.

0:15.4

Welcome to this episode of The How of Business. This is Henry Lopez, and my guest today is Connor Gillivan.

0:20.7

Connor, welcome to the show.

0:22.1

Henry, thanks for having me on. So Connor is an entrepreneur and the co-founder of FreeUp. FreeUp is a company

0:29.5

that connects small business owners or any business owner, actually not just small business owners,

0:34.6

with freelancers online. And we'll chat a bit more about what they offer there.

0:40.2

He's also the author of a recent book called Free Up,

0:43.8

or Free Up Your Business, Rather, 50 Secrets to Bootstrap Million Dollar Companies.

0:50.4

He's done it with Free Up and we're going to chat about his experiences there and some of the key takeaways from this book.

0:58.0

He started his first business, Port Light, when he was 20 years old from his college dorm room,

1:05.1

drop shipping products on Amazon, and he scaled it to selling over $20 million of product in its first four years.

1:13.4

Then he started freeup.com in late 2015 with his partner, who we've had on our show as well.

1:22.1

And again, they connect to the top 1% of freelancers online with business owners, and it now serves over

1:29.9

2,500 businesses worldwide.

1:33.2

And so today he is the chief marketing officer of FreeUp, driving growth for that company

1:39.0

through digital marketing strategies, and he also continues to run Portlight, the first business, as its CEO.

1:47.1

And so today we're going to chat about Connor's personal journey to where he got and his

1:51.4

experiences along the way. And we're going to dive into his advice, tips and advice on

1:58.2

bootstrapping a small business. That's a huge topic for me, Connor,

2:02.7

and for my listeners and for my clients, because as myself, most of us are faced with not

2:08.5

having unlimited resources to start a business, right? Absolutely. In fact, when I started my first

2:14.3

business, I didn't even have the credit worthiness to have even attempted

...

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