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Building a two-sided marketplace with Laura Beales from Tally Workspace
Seed to Success
1 hour 1 minute 11 seconds
1 year ago
Building a two-sided marketplace with Laura Beales from Tally Workspace
In this episode of Seed to Success, Alastair sits down with Laura Beales, COO and co-founder of Tally Workspace who shares her insights into the challenges and triumphs of building a two-sided marketplace model in the property business.
Laura’s journey from accountant to tech entrepreneur offers practical advice for founders navigating the complexities of scaling a start-up and creating a respected brand in business. Laura discusses the importance of adaptability, prioritising advice over money, and the significance of understanding strategic drivers in a two-sided marketplace model.
Tune in to hear about her experiences fundraising, building a strong co-founder dynamic, strategic pivots and leveraging grants for early-stage businesses!
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Show notes:
00:00:00 - Introduction
00:00:39 - What is Tally Workspace?
00:01:44 - Laura’s background
00:02:54 - Transition to entrepreneurship
00:08:04 - Evolution of Tally Workspace
00:15:06 - The importance of user research and adaptation
00:16:26 - Co-founder relationship
00:21:50 - Funding and grants
00:27:53 - Fundraising tips
00:28:12 - Building trust with angel investors
00:32:44 - Investing in people
00:34:03 - Governance and reporting
00:36:32 - LTV to CAC ratio
00:43:24 - Tracking interactions
00:44:17 - Importance of GMV