How to Bootstrap a Startup with Less Than $100K Capital with Sahar Saidi
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 25 January 2021
⏱️ 22 minutes
🧾️ Download transcript
Summary
Sahar Saidi is the founder & CEO of LUS Brands (Love Ur Self). They make hair products for curly hair that actually work!
Top 3 Value Bombs:
1. Get rid of your safety net. If you have a product or service that you believe in, even if no one else believes in you, just figure it out and do it.
2. If you have a good product, and it works, people will go tell their friends and family about it.
3. When you're running a company where a unit economics makes sense regardless of the retention curve, it tells that you won't need cash to meet the revenue targets down the line.
Curly Hair Simplified - LusBrands
Sponsors:
Qwantify: Rock a business that GUARANTEES success and revenue! Apply to become a Qwantify Partner today at Qwantify.com.
Headspace: A new year is the perfect time for new habits, and Headspace can help: it's meditation made simple! Go to Headspace.com/fire for a FREE 1 month trial!
Transcript
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| 0:00.0 | What's Shea's Fire Nation, JLD here with an audio masterclass on how to bootstrap |
| 0:07.4 | a startup with less than $100,000 capital to drop these Viabons Iarbutz Sahar Sadie |
| 0:13.3 | on the mic. |
| 0:14.3 | She is the founder and CEO of a less brands. |
| 0:17.6 | Love yourself. |
| 0:19.4 | They make hair products for curly hair that actually works. |
| 0:24.0 | In Fire Nation, they will be talking about why? |
| 0:26.4 | Why would you bootstrap a post going with investor capital? |
| 0:28.8 | We'll talk about the importance of the first hire and the second hire and how to do that |
| 0:33.2 | the right way. |
| 0:34.2 | We'll talk about growing fast and how to really make things happen when you're in that |
| 0:39.1 | environment. |
| 0:40.3 | And then of course, we'll talk about the right way to take investor capital when it's |
| 0:44.2 | the right time. |
| 0:45.8 | And so much more when we get back from thinking our sponsors. |
| 0:48.6 | A new year is the perfect time for new habits and headspace can help. |
| 0:52.1 | It's meditation made simple. |
| 0:54.3 | Go to headspace.com slash fire for a free one month trial with access to headspace's |
| 0:59.7 | full library of meditations for every situation. |
| 1:03.3 | That's headspace.com slash fire. |
| 1:06.8 | Fire Nation, would you be fired up with an e-commerce business generating 10k per month? |
| 1:11.7 | Well, today's sponsor, Quantify, wants to help you get there. |
... |
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