Episode 472 | From Amazing Launch to Near Bankruptcy to Profitability with Shai Schechter
Startups For the Rest of Us
Rob Walling
4.9 • 819 Ratings
🗓️ 26 November 2019
⏱️ 42 minutes
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| 0:00.0 | In this episode of Startups for the Rest of Us, I follow a journey from an amazing launch to near bankruptcy to profitability with Shy Schechter of right message. |
| 0:10.2 | This is Startups for the Rest of Us, episode 472. |
| 0:25.4 | Welcome to Startups for the Rest of us, the podcast that hopes developers, designers, and entrepreneurs be awesome at building, launching, and growing startups. Whether you've built your fifth |
| 0:29.3 | startup, or are you thinking about your first? I'm Rob. And today with Shy Schechter, we're here |
| 0:33.9 | to share our experiences to help you avoid the mistakes we've made. Welcome to this week's episode. I'm your host, Rob Walling, each week on this show. |
| 0:40.8 | We look at ambitious startups, founders who are looking to make a tiny dent in our corner of the world, |
| 0:48.1 | and maybe that only impacts the five people around them or the thousand people that use their app. |
| 0:53.5 | But it's folks who want to build |
| 0:54.6 | interesting things and have a greater purpose that is around building something larger than |
| 1:00.5 | themselves, but they're not willing to sacrifice their life, their health, or their relationships |
| 1:04.5 | in order to do that. These are not the typical Silicon Valley startups where fundraising can be |
| 1:09.6 | a goal in itself and where people |
| 1:11.2 | build slide decks instead of building businesses. We want to build real businesses with real |
| 1:15.6 | customers who pay us real money. And along the way, we like to be meticulous and disciplined |
| 1:20.4 | such that we can build these businesses over and over. We find repeatable ways that work over and over |
| 1:26.0 | and it's not just a luck shot. It's not hitting the |
| 1:28.4 | startup lottery that allows us to build successful companies. I just got back from three days |
| 1:33.9 | on the north shore of Lake Superior, and that's about a three-hour drive north of where I live |
| 1:39.2 | in Minneapolis. And I got a little room in a lodge with a fireplace and a whirlpool tub, and I had this great view of Lake Superior, and you can't see the other side of Lake Superior because it's so big. |
| 1:53.0 | And so aside from the waves, you know, when it gets windy, there are only two foot waves, three foot waves. |
| 1:58.5 | Aside from that, it really does kind of feel like you're on the coast |
| 2:01.5 | of California or the coast of Oregon. It's this coastal feel to it. And it was great for me to take a |
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