Heyo! Welcome to the $100 MBA show, Fluffs, just the good stuff with our practical business lessons. I'm your host, your coach, your teacher Omar Z at home, and in today's lesson you will learn how much does timing matter in your business. You might have heard a

successful founder say our timing was just right. Might have heard this in an

interview or maybe in their biography, but what does this really mean?

Timing? Does it really matter that much? And if so, how much does it matter?

That's what you'll learn in today's episode. Let's make sure timing is on your side when it comes to your business.

I'm going to share real world experiences of when timing really worked in the favor of business and when it didn't and how it caused the business to go out of business.

We're also going to discuss how much of a factor is this? Is it make or break?

Or can you still succeed with poor timing?

Let's get into it.

Let's get down to business.

In the not so distant past, there was a startup named Slack, founded by Stuart Butterfield back in 2013.

Their goal was to revolutionize team communication, but the real magic happened in 2020. As the world grappled with a COVID-19 pandemic,

company has swiftly transitioned to remote work

seeking effective ways to stay connected.

Enter Slack.

With its user-friendly interface and collaborative features, it was perfectly suited for that suddenly created remote workforce.

The demand for their platform surged and propelled Slack to new heights.

In just a few months, their user base expanded dramatically and the company became a staple

for remote work teams globally.

The timing was impeccable. Demonstrating how well timed products in sync with a global shift can turn a company into a household name.

Slack became so successful that in 2021 just a year after the

pandemic started they sold to Salesforce for a valuation of 27.7 billion.

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