Growing AppSumo from $4M to $85M (w/ Ayman Al-Abdullah)
Noah Kagan Presents
Noah Kagan
4.7 • 1K Ratings
🗓️ 10 June 2021
⏱️ 48 minutes
🧾️ Download transcript
Summary
Ayman Al-Abdullah is a former AppSumo customer (Sumo-Ling), product manager at Microsoft, and has been AppSumo’s CEO for the last 6+ years.
Having grown the business from $4M to $85M in revenue, he recommended that we find a new CEO as we enter our next phase of growth.
If you've ever wanted to learn how to grow an 8-figure business and why a different type of CEO is required to take us to 9+ figures, you’re going to love this episode.
https://okdork.com/podcast/203
Use this link to get 10% off at checkout on AppSumo: https://appsumo.com/?coupon=noah10&code=noah10
Transcript
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| 0:00.0 | There's three stages of the company. Number one, there's a startup. There's the grow up and then there's the scale up. |
| 0:04.8 | And I think that getting a company from zero to one million, get it off the ground, really being able to take it to that next level, |
| 0:10.4 | you're hiring the team in place, you're putting the processes in place, you're thinking about what is the long-term strategy of the business, and then the third component is scale up. |
| 0:18.0 | What do we need to do to go from 100 million to a billion? |
| 0:21.0 | What do we need to do in terms of thinking about hiring the next |
| 0:24.1 | level executive team? What do we need to do to think about prepping ourselves up for high-pio readiness, |
| 0:28.9 | regulatory compliance, meeting with potential bankers, going through all of that process and I think there's |
| 0:33.8 | a three very different stages of the company. |
| 0:37.0 | What is up you sexy bastards? It is your boy Mr. Bicycle aka |
| 0:41.8 | rob I can't lose aka Noah Kagan. Bicycle, aka Rab I Can't Lose, aka Noakagan. |
| 0:43.7 | In today's episode I talked to our very own one of my good friends, |
| 0:46.7 | Aaman al-Abdula, he is the current CEO of Absemo. |
| 0:50.2 | He personally led the business from $4 million when we thought it was almost going to fail to now over $85 million in revenue. |
| 0:57.0 | But as we enter our next phase of growth, he recommended that we actually find our next CEO. |
| 1:02.0 | Reflecting back on AIM in six years at Absumu, there are so many golden... our next year |
| 1:03.4 | at Appzumu there are so many golden nuggets along the way. I literally can't believe |
| 1:06.7 | we're giving this away for free but it's so valuable for you if you've ever |
| 1:09.4 | wanted to grow and scale a large company. As well we're paying a hundred thousand dollars if you |
| 1:13.8 | yes you can refer our next CEO so if you know someone who is a woman man |
| 1:18.2 | really impressive person please email CEO at absumo.com with their LinkedIn profile and you have to know this person. |
| 1:24.8 | In this conversation you're going to learn three gigantic things. Number one, the five fundamentals |
| 1:28.7 | of being a CEO, two, the different strangers of growing a company, and three, Aymens Highlights and Lulites from running |
... |
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