Problem Solvers with Jason Feifer features business owners and CEO’s who went through a crippling business problem and came out the other side happy, wealthy, and growing. Feifer, Entrepreneur’s Editor in Chief, pulls these stories out so other business can avoid the same crippling problems.
Hear the dynamic voices behind our featured podcasts. Our hosts interview experts in the field, founders who solved real problems in their businesses, sports icons that translated their success on the field into serial business achievements, and influencers that help us understand what makes excellence possible.
1086 Sales outreach tool hits $1.2m ARR, would you sell for $4m? No!
1085 We're #1 In Salesforce for Call Routing, Tech with $10m+ in ARR
Joshua Tillman began building DialSource in 2005, while studying at the University of California, Davis, to seal the gap between business and consumers through analytics and automation. The engineering firm has since changed the way modern enterprises communicate, earning Product of the Year honors in 2016 and 2017. Tillman received the Sacramento Business Journal '40 Under 40' award in 2016.
1084 Bulgarian company spends $45k of $65k MRR on paid spend, working!
Murry founded Metrilo in 2014 to help eCommerce store owners grow their businesses. Other than spending lots of time with his customers and his team, he love to do trail running in the beautiful Vitosha mountain.
1083 How she 2x ARR yoy in mobile testing space to $6m in ARR
I'm the CEO of Apptimize! We're probably installed on your phone right now because we work with top 10 apps in every category in 100+ countries. Prior to co-founding Apptimize, I led the Fixed Income Quantitative Strategies team at GETCO after studying Math with CS at MIT.
1082 Why Public Sizmek Went Private to Fuel Growth via M&A in Buy Side Programmatic Space
Mark Grether is CEO of Sizmek. He focuses on guiding the company, and accelerating the growth of the business. Before Sizmek, Mark was cofounder and global COO of Xaxis. Under his leadership, Xaxis grew into the world's largest programmatic media company, with over $1 billion in revenue in five years.
1081 With $2m in ARR and $16m Valuation for 7+ Years, Do You Feel Stuck?
Eric Frankel is an innovative business leader with a proven track record in both traditional media and new-and-emerging technologies. He is the CEO and founder of AdGreetz, the industry's leading SaaS video personalization platform that is disrupting the $560b advertising marketplace by empowering brands worldwide to build stronger relationships with customers and exponentially increase engagement, activation and revenue by deploying billions of never-before-available, hyper-relevant, one-to-one, personalized video and display ads and messages, utilizing brand, social, third-party, geo/browser, publisher and user-generated data, delivered on the Internet and mobile via 18 channels. Prior to AdGreetz, spent 20-plus years at Warner Bros., most recently serving as President of Warner Bros. Domestic Cable Distribution (2000-2008). There he created new strategic architecture in the broadcast, cable and pay-TV landscapes, as well as advancements in new technologies including: VOD, HD and the internet. Frankel made numerous record-breaking sales and ground-breaking deals at WB.
1080 15,000 Customers at $35 ARPU is $500k+ in MRR right? "No"
1079 How He's Pivoted 3 Times Since 1996, Moving to Cloud Based SaaS w/ $10m in ARR
CEO & Co-Founder of CoreMedia. Recipient of the German Fairness Prize 2009. Co-Editor of eEnterprise 2.0 - The Art of Letting Go. Married, father of 4
1078 How agile content marketing solution Turtl hit $125k/mo
1077 We Bootstrapped Our Way to $2m in ARR, Now $10m ARR
Collin Holmes, founder and CEO, started chatmeter in August, 2009. Prior to chatmeter, Mr. Holmes was VP of Product Management and Marketing at V-Enable (now xAD). His extensive experience in the local search industry, both online and mobile, provides a solid foundation for the direction of the company. He has worked in leadership roles at several other startup companies and held other notable positions in product and marketing roles at Akamai Technologies and AT&T Wireless. He earned his MBA from San Diego State University and a BA from UC Riverside.
1076 We pivoted to pure play SaaS, now $1m in ARR growing 100% yoy
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR
As CEO of LogicBay, John works with leading companies to develop and implement strategies for scaling indirect sales channels using a combination of services and technology that LogicBay offers. He is also the co-founder of VetToCEO, a non-profit focused on helping veterans transition into being entrepreneurs.
1074 I left Wall Street trenches to do Email Business Intelligence
Michael Johnston is founder of Notablist.com, a competitive intelligence platform for email marketers. Prior to Notablist, Michael was VP of Technology at Critical Mention, where he led development of the firm's broadcast monitoring platform. Prior to his involvement with startups, Michael spent a decade in the Wall Street trenches.
1073 Are 5 Companies at Once Too Many?
Dr. Foroutan is a parallel entrepreneur and philanthropist with over 30 years of experience in Information Technology, Software Design and Entertainment industries. He is the Founder, Chairman and CEO of Contest Factory, Classitech, ZipTech Media, Virtual NGO and Invitation Records. He holds multiple US patents on Online Contest Systems.
1072 Boston CEO: "I'd think hard about selling for 2-3x ARR"
Matt Benati is CEO and Co-founder of LeadGnome, the market-leading Reply Email Mining web service that generates account-specific contacts, enhances existing leads, and identifies sales trigger events. Matt believes sales and marketing alignment, transparency, and communication optimize revenue generation, and he champions this philosophy in his teams and writings.
1071 His AI Tool Tells You How To Price Realtime
Adam is the CEO/founder of Arjuna Solutions, an artificial intelligence company. He invented and patented numerous AI technologies used today. At Arjuna, Adam is productizing specific applications of AI, starting with pricing. Adam is also a professor of Business Analytics at Johns Hopkins University and speaker on AI/predictive analytics for businesses.
1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Mike is the founder, Chief Enthusiasm Officer and inventor of the patented FISION digital asset management/ sales enablement platform. He attributes his experience serving as a US Navy Submariner and US Navy diver as the foundation to his success as a corporate executive and entrepreneur.
1069 Elastic CEO: We're A More Professional Zapier
Co-Founder and CEO of elastic.io
1068 SiteCake: We Rely on Whitelabel Partners With Unique Kickback Structure
1067 Vero CEO: "We're API Driven Email Marketing" with $150k+ in MRR
1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Pini Yakuel is founder and CEO of Optimove, provider of the science-first Relationship Marketing Hub. Pini's extensive experience in analytics-driven customer marketing, business consulting and sales, along with his innovative approaches to entrepreneurship, business-building and marketing, have earned him recognition as a thought leader.
1065 He should sell for $300k. You agree?
1064 AirPR Says "Growing Fast" but won't share revenue #'s, are they?
Sharam Fouladgar-Mercer is the Co-founder and CEO of AirPR, a technology solution to measure the impact of PR. He was an Entrepreneur in Residence at Shasta Ventures focused on consumer internet and the social graph. Prior to joining Shasta, Sharam was a Senior Associate at Sierra Ventures focused on consumer internet, enterprise software (cloud computing / virtualization), and mobile. He served on the Board at Makara (sold to RedHat) and TouchCommerce (sold to Nuance). Sharam began his career as a technologist at Appian, a BPM software startup where he managed the first enterprise-wide tracking system for the Department of Homeland Security. Sharam has lectured at universities, events and conferences, and judged business plan competitions at Princeton, Harvard, Stanford, and Syracuse. He is also an advisor and mentor to eLab (Princeton University's Accelerator), Dorm Room Fund (First Round Capital's Accelerator), and Acceleprise (Enterprise Technology Accelerator). Sharam graduated with honors with a BS in Computer Science from Princeton University and an MBA from Harvard Business School. He played NCAA D 1 ice hockey and is fluent in Farsi. Follow him on twitter @sharamfm.
1063 How We Spent $7m To Spin Crunchbase Out of AOL
Santi is a General Partner at Emergence Capital. Prior to joining Emergence, Santi founded, AXG Tecnonexo, a SaaS e-learning company in Latin America. He expanded the company to 150+ employees with operations across Latin America and the US. Santi is also a founding board member of Puente Labs, an organization that finds and selects the best founders of high potential growth companies from Latin America and helps them scale their businesses globally. Santi currently serves on the Boards of Civitas Learning, CrunchBase, High Alpha, Quasar, Restorando, Tophat, Xapo and Zoom. Santi received an MBA with distinction from Harvard Business School and holds a BS in Economics from St. Andrew's University in Argentina. He is Kauffman Fellow and an Endeavor Entrepreneur. Outside of work Santi is passionate about traveling internationally. He spent 6 months backpacking around the world and continues to work on a personal goal of visiting at least 50% of the world countries. He is an avid opera and classical music follower and, like almost every Argentine, he is passionate about soccer.
1062 I raised $5m to spin the company out of corporate
David brings a successful track record of executive leadership at growing both private and public venture-backed companies and has been a pioneer in online marketing since 1997. Before TruSignal, David joined eBureau in December 2007, spearheading strategic business and product development efforts. In his previous role as general manager and SVP, marketing analytics at Adteractive, David managed a team of 45 people, spanning all of Adteractive's business units. Under his leadership, Adteractive became one of the fastest growing private companies in America and a leader in online lead generation. Prior to Adteractive, David held executive roles at Drugstore.com and NextCard, Inc, where he was responsible for product management and customer acquisition. David began his career as a software engineer at Decision Systems, a research and development firm focused on voice telephony solutions for the health care industry. David earned a Bachelor of Science in symbolic systems from Stanford University in 1990 and a Master of Business Administration from the Haas School of Business at UC Berkeley.
1061 We serve 2b impressions a day including MSN homepage
Eric is the CEO and co-founder of TripleLift, the leading programmatic native ad platform. Previously, Eric was a leader at AppNexus and an attorney at Simpson Thacher & Bartlett LLP. Eric received bachelors and masters degrees in computer science from MIT and a J.D. from New York University School of Law.
1060 Why I Left Salesforce To Join VC Firm
Scott brings over 20 years of deep product management, engineering, and SaaS expertise to his role as a partner on Norwest enterprise team. Scott most recently served as Senior Vice President of Product Management for Salesforce Service Cloud. While at Salesforce, he also served as Head of Engineering, Product, UX, and Documentation for Desk.com.
1059 $100m In Audio Ad Spend Goes Through Our Platform
Mike Dougherty is the Chief Executive Officer and Co-Founder of Jelli, the technology platform for the $40 billion global audio advertising market. He has 20 years of experience with online and mobile services and corporate development. Under his leadership, Jelli has developed a cloud platform that transforms audio advertising, enabling advertisers and publishers to buy and sell audio advertising programmatically through a suite of demand-side and supply-side services. Jelli's platform is used by some of the largest broadcasters and advertisers in the audio marketplace, reaching hundreds of millions of people monthly and serving billions of audio ads. Prior to Jelli, Dougherty was Vice President, Business Development at Tellme, a leader in speech recognition applications (acquired by Microsoft), and Senior Vice President of Business & Corporate Development at Loudeye, an early leader in online & mobile music web services (acquired by Nokia).
1058 How Screen 6 his $3.5m in ARR on $600k Raised
As founder / partner of Screen, David has been closely involved in the development and innovation regarding the latest technologies for online marketing and advertising.
1057 Talend CEO: "IPO was right move"
Prior to joining Talend as CEO, Mike was the CEO of Rapid7, a security software startup that provides one of the leading security assessment platforms. Mike joined Rapid7 in 2008 and grew the company by 10x in the next 4.5 years. Rapid7 was consistently one of the fastest growing companies in Boston, and was recognized as the Best Place to Work by the Boston Business Journal. Prior to Rapid7, Mike was General Manager of Microsoft's SQL Server Marketing team. During Mike's tenure the SQL business grew from $1.5B to $2.5B, and was the fastest growing of Microsoftâ€™s largest businesses. Prior to re-joining Microsoft in September 2003, Mike was General Manager of Polycom's Austin division, a $190mm videoconferencing equipment business. Prior to Polycom, Mike co-founded and was Chief Operating Officer of Paramark, a marketing analytics startup. Prior to co-founding Paramark, Mike spent six years at Microsoft in an expanding range of roles including product marketing, product strategy, and product management. Mike joined Microsoft as a member of the MSN team, and became an early evangelist of the internet and MSN's first internet marketing manager. He spent the last two years as Group Program Manager of Exchange Server, driving Microsoft's email strategy, product definition, and product execution for this $700mm business. During Mike's tenure, Microsoft category market share grew from 40% to over 60%. Mike began his career at Sun Microsystems, working as an engineer on Sun's SPARC workstations. He led the design of an integrated I/O chip, one of two chips that were used across Sun's low-end and midrange systems. Mike holds a Bachelor of Science in Electrical Engineering from Brown University (magna cum laude), a Master of Science in Electrical Engineering from Stanford University, and a Masters of Business Administration from Harvard Business School where he was a Baker Scholar.
640: ProntoSign Passes 300 Enterprise Customers with $50-$500k ACV To Help Manage Secure Signatures at Scale with CEO Bill Brice
Bill Brice. He’s currently the CEO of AlphaTrust Corporation which he launched in 1998, to capitalize on the sustained long-term shift from paper-based document businesses to fully electronic document processes. Bill is considered as one of the industry’s pioneers and he’s a leading authority of electronic signatures, especially around generating real economic impact and brand enhancement. He served as chairman of the board for the Electronic Signature and Records Association and is currently a member of the board of directors. Before his electronic signatures company, he started his entrepreneurial career, when in college, by co-founding Brice Foods and is chairman and CEO. He grew the company into a global enterprise best known for its chain of frozen yogurt stores. The company grew into 1500 franchise locations and 43 countries with manufacturing operations on 4 different continents. For his work, he was awarded as The Entrepreneur of the Year Award from the International Franchise Association, which is the world’s oldest and largest organizations representing franchising worldwide. Famous Five: Favorite Book? – Crossing the Chasm What CEO do you follow? – N/A Favorite online tool? — HubSpot Do you get 8 hours of sleep?— 7 If you could let your 20-year old self, know one thing, what would it be? – “At that time, I wished I would know what happened with the internet before it happened” Time Stamped Show Notes: 01:23 – Nathan introduces Bill to the show 02:36 – Bill was based in Dallas and that’s where he started his yogurt company 02:57 – Bill’s was the first company to bring frozen yogurt in Texas 03:15 – Frozen yogurt was first popularized in California 03:32 – Bill wanted to pioneer the first operational chain selling frozen yogurt in Texas 03:39 – Bill has turned to franchises and now has 1500 franchise locations 04:00 – The first franchise was $150K, $20K franchise fee and 5-6% royalties 04:34 – The frozen yogurt company had $150M in revenue 04:50 – In 1996, the franchise sold because someone wanted to buy it 05:09 – Franchise valuation is similar with other businesses 05:31 – The franchise was cash flow multiple 05:42 – 6-10x was the best multiple 06:15 – Bill was making a lot of software on the side of the yogurt business 06:53 – Bill was annoyed by the amount of paperwork a business had to go through 07:16 – A computer was about automating business 07:35 – Bill had a completely different team for his yogurt company than his e-signature company 07:41 – AlphaTrust is completely privately owned and funded 08:00 – Being privately funded allows them to focus on what they are doing 08:20 – AlphaTrust is in a specialized segment of a market 09:10 – AlphaTrust started on the enterprise businesses in the late 90s 09:24 – Some of AlphaTrust’s clients are General Motors, ADP and AT&T 09:36 – Some of the big companies have millions of documents processed yearly 09:42 – AlphaTrust specializes in the high performance processing of documents 09:52 – AlphaTrust’s customers still deploy and embed their software on premise 10:12 – AlphaTrust also operates cloud systems for their customers, but they support the plan and model the customers want 10:38 – The pro-side of AlphaTrust is quite small 10:53 – It accounts for only 10-15% of the revenue 10:56 – The rest of the revenue comes from licenses 11:50 – Average initial contract value is $50K-$500K 12:00 – Some of the customers pay for perpetual licenses 12:40 – AlphaTrust currently has 300 large enterprises 13:10 – Team size is 20 13:22 – AlphaTrust does direct sales, but they also have partner channels 13:46 – AlphaTrust has 20-30 specialists around the world who are part-timers 14:36 – AlphaTrust is happy with how they’re doing at the moment 14:59 – Bill MIGHT sell the company to Salesforce if an offer comes 16:10 – The Famous Five 3 Key Points: The franchise business is the same as any other business – even when it comes down to the valuation. Working with big enterprises can set you apart in a saturated space. Saying “yes” to an acquisition isn’t a terrible idea; instead, it’s just a good way to exit. Resources Mentioned: The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences Organifi – The juice was Nathan’s life saver during his trip in Southeast Asia Klipfolio – Track your business performance across all departments for FREE Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books Freshbooks – Nathan doesn’t waste time so he uses Freshbooks to send out invoices and collect his money. Get your free month NOW Show Notes provided by Mallard Creatives
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