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This Week in Startups

E1017: Open Office Hours LIVE! Jason helps founders with their biggest challenges: scaling as a solo founder, reducing churn, raising capital in a heavily regulated field, pivoting from one-time payments to SaaS & more @ WSGR

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 10 January 2020

⏱️ 64 minutes

🧾️ Download transcript

Summary

0:46 Mehak from OnDelta (ISA School for Growth Hacking/Marketing) asks Jason best practices on scaling her business as a solo founder
10:18 Ketan from HireClub (Career coaching SaaS) asks Jason about transitioning his business to help with natural churn
20:59 Benjamin from Infection Control (Hardware infection control for sickest hospital patients) asks Jason how to raise for a medical device in a heavily regulated field
33:13 Tom from TribeXR (VR training for practical/creative skills) asks Jason how to pivot from a one-time payment to subscriptions
43:58 Corbin from LUU (Aromatherapy alternative to nicotine vapes) asks Jason how to separate his startup from JUUL and other vaping products
53:04 Thomas from Wash Day (On-demand laundry logistics app) asks Jason how to compete with large laundry incumbents as a bootstrapped startup

Transcript

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0:00.0

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0:07.8

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0:11.0

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0:15.2

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0:21.2

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0:28.0

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0:30.0

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0:34.8

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0:36.8

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0:41.6

That's Better H-E-L-T-C-O-P-K-O-T-T-T-E-L-P-K-T-T-E-L-P-K-T-T-E-L-P-K-O-T-T-T-E-T-T-T-E-T-T-T-T-T-T-O-T-T-O-T-T-T-T-T-O-O-T Don't give a heck. Don't give a heck what the heck. What the heck? You have a business. I do.

0:56.4

Called on Delta and it's Lambda School for Growth Hackening and marketing.

1:01.5

And so I've heard this idea a couple of times for people who don't know what is

1:08.1

Lambda School what is special and unique about that and how did that inspire you to do on Delta?

1:17.0

Yeah, so on Delta we're a growth marketing school and it's free for our students up front and what that does

1:24.8

is it hedges the students risk in having to pay money to get an education and we

1:30.6

take on that risk so if we do a good job and help them learn

1:35.2

what they need to know to get a job,

1:37.2

we take 15% of their salary.

1:39.7

In perpetuity.

1:40.8

For two years.

1:42.2

Yeah, the opposite of in perpetuity. Yes. So if they what is the average salary of somebody coming out of your school?

1:48.0

Between 50 to 60k. Got it. So 15% of that over two years would be about 15k. 15k. And is it a virtual school or an in-person school?

...

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