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Startups For the Rest of Us

Episode 727 | Gymdesk Sells for More than $32.5 million, Hiring Gets Easier, and More Hot Take Tuesday Topics

Startups For the Rest of Us

Rob Walling

Management, Entrepreneurship, Business, Marketing

4.8792 Ratings

🗓️ 20 August 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

In episode 727, Rob Walling is joined by Tracy Osborn and Einar Vollset to give their hot takes on some recent news. First they celebrate Gymdesk’s recent funding and evaluate what that means for TinySeed companies. Then, they weigh in on bootstrapper hiring, grappling with new challenges as MRR grows, and how to really move the needle in your business. Episode Sponsor: Hiring senior developers can really move the needle in your business, but if you bring on the wrong person, you can quickly burn through your runway. If you need help finding a vetted, senior, results-oriented developer, you should reach out to today’s sponsor, Lemon.io.  For years, they’ve been helping our audience find high quality, global talent at competitive rates, and they can help you too. Longtime listener Chaz Yoon, hired a senior developer from Lemon.io and said his hire ”definitely knew his stuff, provided appropriate feedback and pushback, and had great communication, including very fluent English. He really exceeded my expectations.”  Chaz said he’d definitely use Lemon.io again when he’s looking for a senior level engineer.  To learn more and get a 15% discount on your first four weeks of working with a developer at lemon.io/startups.  Topics we cover:  2:19 – Gymdesk Announces a $32.5 Million Strategic Growth Investment 9:06 – Is it getting easier for bootstrappers to hire? 12:22 – Facing different challenges as MRR grows    19:37 – Identifying what really moves the needle 23:56 – Listen to those who have built businesses before you Links from the Show:  Subscribe to the Startups For the Rest of Us Email List TinySeed The SaaS Playbook Discretion Capital Tracy Osborn (@tracymakes) | X Einar Vollset (@einarvollset) | X TinySeed (@tinyseedfund) | X Gymdesk Announces a $32.5 Million Strategic Growth Investment from Five Elms Capital Eran Galperin (@erangalperin) | X Episode 697 | 7 Predictions for SaaS Bootstrappers in 2024 State of Independent SaaS Report The Elephant in the room: The myth of exponential hypergrowth

Transcript

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0:00.0

I'm back with another episode of Startups for the Rest of us.

0:03.3

Today's episode is Hot Take Tuesday.

0:08.4

Welcome back, Anar and Tracy, and we talk about topics relating to bootstrapping and growing your company,

0:15.4

including how mostly bootstrap company Jim Desk sold for more than $32.5 million.

0:22.0

And in fact, after we recorded this episode, I recorded an interview with the founder of

0:28.0

Jim Desk that will air on this very feed in the next couple weeks. So stay tuned for that.

0:33.1

Today we also talk about whether hiring is getting easier for bootstrappers.

0:37.2

What changes in mindset

0:38.5

might be present between founders at different MRR levels, how to identify what really

0:43.9

moves the needle and more Hot Take Tuesday topics.

0:47.0

Before we dive in to the episode, if you're not on the email list for this show, you

0:50.9

should add to startups for the rest of us.com, enter your email.

0:53.7

What you'll receive from there is a weekly email with the show notes and a recap of every episode with

0:58.7

timestamps. You can, of course, opt out of that and still receive the less frequent emails

1:03.7

we send. But you'll also receive two never before released episodes, eight things you should

1:10.0

know before launching your SaaS, and 10 things

1:12.2

you should know as you grow your SaaS, as well as a PDF of the 5PM framework.

1:18.1

In addition, I'm just wrapping up a book about selling your company. My wife, Dr. Sherry Walling,

1:24.0

and I are in the final days of locking in that manuscript.

1:28.2

And if you get on the email list here, you will hear about that book when it goes live.

1:32.2

So with that, let's dive in to Hot Take Tuesday.

1:41.8

Welcome back to this Hot Take Tuesday roundtable.

...

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