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ProfitLed Podcast
Melissa Kwan
44 episodes
7 months ago
It took eWebinar 16 months to go from idea to product launch, then another 36 months to hit $1M ARR; this is the core theme of this season. That's a total of 52 months from incorporation date. You might have read about companies that get to $1M in a year, much less now with AI startups and the world riding that wave. Those are outliers and not the norm. 36 months to $1M is actually the median, even for funded companies. “Normal” is not newsworthy and doesn’t get the media spotlight it deserve...
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Entrepreneurship
Technology,
Business
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All content for ProfitLed Podcast is the property of Melissa Kwan and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
It took eWebinar 16 months to go from idea to product launch, then another 36 months to hit $1M ARR; this is the core theme of this season. That's a total of 52 months from incorporation date. You might have read about companies that get to $1M in a year, much less now with AI startups and the world riding that wave. Those are outliers and not the norm. 36 months to $1M is actually the median, even for funded companies. “Normal” is not newsworthy and doesn’t get the media spotlight it deserve...
Show more...
Entrepreneurship
Technology,
Business
https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/e0/7f/22/e07f22b7-e848-e1ba-4325-61a19caaa40d/mza_7975396049304229506.jpg/600x600bb.jpg
S2E25 What Lifestyle Business Means
ProfitLed Podcast
44 minutes
8 months ago
S2E25 What Lifestyle Business Means
“This is fine as a lifestyle business.” Says every VC with a slight look of disdain after you pitch them your brilliant idea they don’t want to invest in. The industry has given “lifestyle business” such a bad reputation by commonly using it to describe non-venture scalable businesses with less ambitious founders. Only 1% of startups are venture funded, which means the other 99% are bootstrapped and by industry standard, lifestyle businesses. If anything between zero and unicorn is “lif...
ProfitLed Podcast
It took eWebinar 16 months to go from idea to product launch, then another 36 months to hit $1M ARR; this is the core theme of this season. That's a total of 52 months from incorporation date. You might have read about companies that get to $1M in a year, much less now with AI startups and the world riding that wave. Those are outliers and not the norm. 36 months to $1M is actually the median, even for funded companies. “Normal” is not newsworthy and doesn’t get the media spotlight it deserve...