5 • 2.1K Ratings
🗓️ 12 April 2024
⏱️ 12 minutes
🧾️ Download transcript
Collin Mitchell and guest Lloyed Lobo delve into the world of entrepreneurship and sales. They discuss the challenges of starting a niche business, the importance of finding your ideal customer profile, and the power of building a community around your brand. Lloyd shares his journey of building Boast.ai and the strategies they used to bootstrap to 10 million ARR. The episode highlights the significance of authenticity, perseverance, and niche targeting in the entrepreneurial journey.
Follow the Host:
Collin Mitchell (Partner, Leadium)
Our Episode Guest:
Lloyed Lobo (Co-founder, Boast)
Sponsored By:
Leadium | The leader in outbound sales appointment setting
*If you'd like to be a guest on the show or have any questions, email us at [email protected] - Just tell us why you're reaching out and we'll contact you as soon as we can!
Click on a timestamp to play from that location
0:00.0 | Welcome to another episode of Sales Transformation brought to you by Leadium. |
0:05.2 | Today we are joined once again by Lloyd Lobo. In this episode Lobo will be sharing |
0:10.0 | his insights on building a community-led growth strategy, Colin, take it away. |
0:16.1 | All right, welcome to another episode of Sales Transformation brought to you by Leadium. |
0:20.6 | I'm your host Colin Mitchell, and today I've got Lloyd Loebobo on the show. He's the co-founder of a FinTech company called Boast, and he's also the Wall Street Journal bestseller of grassroots to greatness. Yeah, and your you know first you know handful of customers |
0:37.5 | you know that founder to founder you know sort of approach can be super effective right because they get it right they've been there before |
0:44.4 | maybe they're a little bit further along than you but but they understand where you're at you know and |
0:50.0 | and also can be some of your best customers because they're willing to give you a pretty candid feedback about stuff, |
0:55.3 | which is super valuable in a lot of cases in the early days more valuable than even paying customers. |
1:04.0 | Exactly, exactly. So here's like actually how we did it |
1:06.0 | because when we started, so we were selling |
1:08.0 | very obscure product to a niche, right? |
1:12.0 | So we're basically globally hundreds of billions of dollars are |
1:15.4 | provided in funding for innovation and product development and R&D to |
1:19.7 | businesses by the governments like US government gives 10 billion every year, |
1:24.4 | Canadian government gives like 3.5 billion, |
1:26.8 | but it's a cumbersome application process. |
1:28.8 | It's prone to frustrating audits |
1:30.4 | and it takes a long time to get the money. |
1:32.7 | So we said we'll automate this process and so we started by reaching out to oil and gas, construction |
1:38.6 | manufacturing and none of them would talk to us. |
1:42.1 | And you know when you're looking back, actually, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Leadium, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Leadium and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.