Dr. Kate Jarvis’ Post

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CEO & Founder @ Fifth Dimension AI | We kill paperwork dead. You close deals instead. Reinvent your Real Estate operations with AI.

Going from a pre-seed to a seed business has been a HUGE mindset shift for me as a founder and our team as a whole. 🤯💰 At pre-seed, preserving runway is constantly top of mind (understandably, as you’re a lot further from PMF!). Now, having raised a $7M seed round, it’s a different ball game… On Monday, we held a full-day strategy session with the whole team. The goal? To discuss how we’re moving forward. We spent a lot of time talking about our ethos on how we spend money now that we have it. And what does it mean to be a cash-rich business (that still prioritises high margins and REFUSES to spend foolishly!) So here’s the mindset shift: TIME is our most valuable asset ⏰ This means ensuring each team member’s time is spent on the most IMPACTFUL things. And building the system around them so they can perform at the highest level. Essentially, we want our people to feel like they’re high-performance athletes. 🏃🏼♀️💨 So if there’s a £1,000 SaaS tool that’s gonna make someone more productive - buy it. If there’s a high-ROI event that costs more than we’re comfortable with - let’s just do it and learn from the outcome. We’re NOT here to agonize over small decisions, because it’s that hesitation that will hold us back. And we’re certainly not going to throw our money into a pit and light it on fire by hiring 30 engineers. But we will invest heavily in the 3 or so we do hire, ensuring they have the: 🔨 Tools 😌 Environment 🧡 Support to perform at their highest level. Bottom line - we will not be shy about spending money on things that set our people up for success!

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Daniel Colaianni

AIXR Co-Founder & CEO | Building Unicorn | Empowering Tech Communities | Speaker & Tech Leader | AI, XR & Web3

2mo

Super inspiring Dr. Kate Jarvis ! I guess the hardest thing now, is realising the team is going to get bigger, goal posts have moved and your role as CEO also changes - it's just not going to be possible to be in control of every single decision and trust in your people has to double 10 fold. Keep it up, inspired to keep following your story!

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