Nov 21, 2018
This episode presents how Funded Today started, how its co-founders Zach Smith & Thomas Alvord have now helped to raise over $200,000,000 and counting in just the last four years, and some takeaways for how you can apply the lessons they learned to your own business ventures.
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⭐ During this episode, we detail these takeaways:
1. Persistent experimentation-and-learning (despite failure) is a key to entrepreneurial success.
2. It’s good to try to offer customers what you can do better than anyone else (or few others).
3. If you provide a sufficiently-good service, then your clients will help market it for free; relatedly, you can judge that you have a good business idea when you don’t need to pay to market it.
4. Don’t market blindly (if possible) but collect data, analyze it, and base your decisions upon it.
5. Spend as much money as possible as long as it remains profitable to do so.
6. Start lean while you focus on providing a good product/service before bothering with peripheral things like business cards.
7. Growth always requires time, so don’t expect to become a massive company “overnight.”
✍️ Click here for this episode’s complete show notes!
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