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The Foundr Podcast with Nathan Chan

207: BigCommerce Co-Founder Talks Scaling to $100M While Minimizing Risk and Stress

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 11 July 2018

⏱️ 55 minutes

🧾️ Download transcript

Summary

I’m excited to share a very special interview with you today! Mitchell Harper has been my long-time mentor and coach and a driving force behind Foundr’s success. I’m thrilled to share his story with you so you can glean some entrepreneurial gold from his experience. Harper started his entrepreneurial journey as a software developer, building games as early as 12 years old. He built his first businesses in his teens and sold his first company around the time he graduated high school. Partnering with another developer in 2003, Harper created Interspire, a suite of software tools for businesses, and grew it to $10 million in revenue in four years. The company eventually became BigCommerce, now one of the web's premier shopping cart platforms. BigCommerce has raised $250 million in its short lifetime, recently hit $100 million in annual recurring revenue, and the company is still growing. While his big career wins might suggest otherwise, Harper says he is risk-averse and doesn’t believe entrepreneurs need to be big risk takers to achieve high levels of success. He prefers taking the safe route and reveals his strategies for building high impact, low-risk businesses. In this inspiring interview, Harper also shares how he battled with depression and what his journey to wholeness taught him about work/life balance. I’m so privileged and lucky to have Mitch as a mentor and to introduce him to our Foundr family. Please listen in and get inspired by the man who has been an integral part of Foundr’s success! Key Takeaways Why timing is critical when securing investors, from seizing the opportunity early on to waiting long enough to mitigate risk Mitch’s top book recommendation for entrepreneurs looking to raise capital Why entrepreneurs don’t need to “risk it all” to become successful Mitch’s battle with depression and how he altered his life to avoid burnout and achieve work/life balance The power of an A-player team to grow companies

Transcript

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0:00.0

This is episode number 207 with Mitch Harper of the Founder Podcast.

0:07.1

What you need is thirst.

0:08.8

You need to be a thirsty human who is intent on learning.

0:12.8

It's a really fascinating exploration of human potential.

0:18.5

The Founder Podcast.

0:21.0

Even the greatest entrepreneurs had help. If you. The Founder Podcast.

0:24.3

Even the greatest entrepreneurs had help.

0:27.8

If you want to learn from the most successful founders on the planet,

0:29.6

you are in the right place.

0:33.3

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Ariana Humphington, Steve Case, Gary V, Sophia Amorosa, Barbara Corcoran, Damon John.

0:37.4

Learn from the greatest minds in business today with interviews hosted by Nathan Chan. This is not your average entrepreneur podcast. The Founder Podcast.

0:52.6

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:58.7

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.4

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:10.5

you name it. We put out so much content to help you.

1:13.8

And another interesting project that we're working on right now is partnering with world-class

1:18.5

founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial

1:24.5

skills like negotiation, finance, e-commerce, and so much more.

1:30.8

So if you'd like to get access to these free trainings with founders like this, which is

1:36.2

100% free, just go to founder.com forward slash free.

1:41.0

Okay, so now let's talk about today's episode.

1:44.4

Hello and welcome to another episode of the founder podcast.

...

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