“Should I raise money from your customers or big strategic investors?” Hard to say without taking a closer look. But having raised over $500M of venture capital, I know what you SHOULDN’T do IF you decide to raise. These mistakes will cost you time, resources, money, and most importantly…drain the passion from you like a dehydrated vampire. These are the
SaaS, or Software as a Service, is (IMO) one of the best business models to be in right now. There’s no inventory. No physical product. No shipping department or manufactures to deal with. Profit is high. And you can start a software company even if you have no coding or development experience. I personally know Software Founders who don’t have
In 2017, I was running a $1.8M a year coaching business with 50% profit, and having a BLAST. I was doing three events a year, had dozens of clients I loved working with and having a ton of fun. So I shut it down. Not because it wasn’t doing well. We were helping a lot of people get incredible results.
“Dan, we’ve doubled our revenue since we last spoke.” I could feel the goosebumps on my arms as I typed back: “Hell yeah!” I knew exactly what he was talking about. He typed back: “You were right. We did what you said, and MRR doubled.” I smiled. I love it when clients click that “I believe” button and take action,
One of my software coaching clients recently asked me: “Dan, if you were starting over today and had to build a new software company, what would you build?” That’s a good question. But let’s make it a bit more interesting, shall we? Let’s assume I had: NO coding or development skills NO audience or list NO reputation NO connections NO
I recently attended a Tony Robbins event, and what I learned there was truly game-changing. It was a crazy, 6-day adventure. We had 13-16 hour days of intentional, high-energy self-work… …I came close to tears multiple times, I can’t remember the last time I danced this much, But the most important takeaways were these 4 mindset hacks.
There is a false belief among Founders… That as their company grows, so will their stress and overwhelm. I’ve spent almost my whole life trying to convince Founders that this ISN’T true. And it doesn’t have to be true for you either…
You know what’s worse than hiring mediocre people? Hiring amazing people and then losing them because you didn’t know how to motivate, coach or support them. When I started building businesses, this was my biggest mistake. I hired people, dumped a bunch of tasks on them, and thought my work was done. Wrong.
I’m so excited about this video… When I first figured this out, I couldn’t stop talking about it.
When I was 17, I ended up in prison and eventually rehab… …sounds like a tough time, but it was the best thing that ever happened to me. I found a dusty programming book, an old 486 computer, and got it to say:
