4.8 • 792 Ratings
🗓️ 16 July 2019
⏱️ 45 minutes
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0:00.0 | In this episode of Startups for the Rest of Us, I talk with Jeff Epstein of Ambassador about how he, |
0:06.6 | as a non-technical founder, built and sold a multimillion-dollar SaaS startup. |
0:12.4 | This is Startups for the Rest of Us, episode 453. |
0:15.6 | Thank you. Welcome to startups to the rest of us. |
0:26.4 | It's the podcast that have the developers, designers, and entrepreneurs, the awesome |
0:29.7 | at building, launching, and growing software products. |
0:32.9 | Whether you've built your first one or you're just thinking about it. |
0:35.1 | I'm Rob, and today with Jeff Epstein. We're here to share |
0:38.2 | our experiences to help you avoid the same mistakes we've made. Welcome back to Startups for the |
0:42.7 | rest of us. On this show, we talk about building startups in an organic, sustainable fashion |
0:46.7 | that allows you to focus on your personal freedom, purpose, and relationships. We have different |
0:53.6 | show formats and this week I sit down with an |
0:57.0 | accomplished, impressive founder named Jeff Epstein. I've known Jeff for around eight years, |
1:02.9 | and watched in awe as he built Ambassador. It's a get ambassador.com into a five to ten million dollar ARR SaaS company and all the |
1:15.2 | trials, the tribulations, the struggles of what he went through to get there. And he exited about |
1:20.7 | seven or eight months ago. What I like about Jeff is that at heart, he's a bootstrapper. |
1:25.3 | He bootstrapped ambassador, which was at the time called Zephyral, for a year, |
1:30.3 | and he had to pay a developer essentially out of his own pocket. |
1:33.3 | And then he raised a very, very small round between 25 and 50K just to basically keep the product moving forward. |
1:40.3 | He's a scrappy founder. He was doing sales calls constantly in the early days, really a founder who was |
1:47.2 | ambitious. One of the interesting things we dig into today is how he has kind of with a bootstrapper mindset |
1:53.9 | had to raise funding to keep the company growing. And we talked through his decision to do that. |
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