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Alex Hoff quit the company he'd been working at for 9 years. He gave himself 6 months to launch a startup. Even though he got the co-founder of a public company to join him and raised $6M out of the gate—it took him 3 years to make his first sale. But after he shifted from selling to SMBs to selling to MSPs (Managed Service Providers i.e., outsourced IT), things took off: April 2015 - $1K MRR August 2015 - $10K MRR June 2016 - $100K MRR Nov 2018 - $1M MRR ($12M ARR) And growth never stopped—soon, he'll cross $100M ARR. Alex and his co-founder did many things differently. They came up with an idea by starting with markets, not customer problems. They raised a lot of money upfront and built a sophisticated product instead of an MVP. And they deliberated cultural values before making their first hire. Clearly—it worked. Listen to the full episode here:

💁♂️ Serge van Dam: "In a startup, culture eats strategy for breakfast, lunch, and morning tea." 🙈 Culture can be hard to define, let alone implement. But it's so crucial for startups in particular to get right. Read more about why it's so significant, and how you can go about setting a successful startup culture 👉 https://lnkd.in/gFA6E-_b

In 2023, I faced one of the harder challenges that a first-time entrepreneur faces: selling my startup. In 2024, my startup was acquired by a well renowned company. I did the following: I focused on preparation, process, and detachment, instead of rushing into it. Here’s the 5-step framework that emerged from my experience: 🧵👇

Roee Adler (ex-WeWork) was part of 4 successful startup exits — but also had to pull the plug on 3, including his latest one. He says it’s these startups that really shaped his own growth. One of his biggest lessons? Knowing when to call it quits. He used these two pivot signals to make his decision: 1. How far are we from our success metrics? 2. Can we realistically close the gap in time? We know it’s tough to think about — so we tapped Roee to share his own playbook to confronting, embracing, and challenging failure. This and more on Unfinished Business 👉 https://lnkd.in/etc9zSe4

Hello LinkedIn Family An SMME Vs a Startup Here is a snippet from our episode with Mr. Gurumoorthi of RSM and co-founder of Angel Network Botswana showing the difference between an SMME and a startup.

https://zurl.co/qpXb Exclusive Webinar : The 7-Step Startup Formula Revealed Unlock the secrets to startup success with our exclusive webinar unveiling the 7-step startup success formula. Drawing from real-world entrepreneurial experiences and mentorship insights, this webinar is your blueprint to navigating the early stages of startup growth. Register now to gain invaluable knowledge and practical strategies that will propel your startup journey to new heights!

https://zurl.co/qpXb Exclusive Webinar : The 7-Step Startup Formula Revealed Unlock the secrets to startup success with our exclusive webinar unveiling the 7-step startup success formula. Drawing from real-world entrepreneurial experiences and mentorship insights, this webinar is your blueprint to navigating the early stages of startup growth. Register now to gain invaluable knowledge and practical strategies that will propel your startup journey to new heights!

1rst time founder - get $1 for my startup, i'll take it 2nd time founder - get to $10k MRR, big win 3nd time founder - raise seed, series A/B, aim $1-10M valuation.. huge! all of them are fine, but the best in my opinion is to maximize the revenue/work_time ratio.. implies having systems, teams & processes this way, you can launch multiple successful products without having to exit, re-start from scratch what's your take on this?

A few weeks back, I attended the Investor’s Choice pitch competition in Salt Lake City where I had the chance to chat with numerous investors. One question I posed was about the most common mistakes founders make when launching a startup. Reflecting back to launching my first startup. I made every single mistake that was mentioned. Every. Single. One. Two key takeaways from those conversations. 1. You can mess up A LOT and still be successful. 2. Be resilient, keep going.

Having a diverse board of advisors as a founder can lead to immense growth. Not just for your startup, but for you and your exec team. Rami Albatal realised there were knowledge gaps within his team and secured two advisors after joining Connectd. Since then, he feels his business is now investor ready - watch below as he shares more👇🏻 #Founders #Startups