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SaaS Growth Stacking - with Dan Martell

How do you end up in rehab for 11 months, discover computer programming, then build 5 tech startups, selling 3 and raising money for the last 2 in 15 years? Tune in each week and Dan Martell will teach you: How he got invited to spend a week with Richard Branson. How he ended up raising money from Mark Cuban. How to hack your productivity. How to focus your marketing efforts. How to get your big dreams funded. How to build, scale and sell your technology company without giving away the control to investors and financial stakeholders. The 3 disempowering “pick me, pick me” mentality that plagues startup founders.. and what you can do to avoid it and fund your startup. Tune in each week and get Dan’s deep-in-the-trenches experience as a father, serial entrepreneur, and investor. Do you want to fund, start, scale and sell your business? That’s the only question that matters here. If the answer is “yes”, then hit the SUBSCRIBE button and let’s make it happen.
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Mar 12, 2018

DOWNLOAD: Idea to Exit Mini-Course - http://www.ideatoexitonline.com/prototyping

“You’re not suppose to succeed!”

“The numbers are against you from day one.”

Those were the words hurled at me across the board room from one of my mentors.

Encouraging, right?

Up until that point I had so much confidence that failure wasn’t an option.

But the truth is – and you hear it all the time – most startups fail.

His words set me down a path of learning and implementing strategies to help protect me, my stakeholders, and my coaching clients  from the 5 highest leading causes of startup death.

Over the years, I’ve had the chance to see the inner workings of 1000+ companies.

I’ve listened to the intimate, behind-the-scenes details and decisions from the founders behind them.  

After seeing what works, what doesn’t, and what gives you a one-way ticket to the SaaS graveyard…

I’ve distilled those lessons into the big five for this week’s video.

When I sit back and look at my failures and those of my friends, I believe they can be traced back to one or more of these.

  1. Market Problems
  2. Business Model Failure
  3. Poor Management Team
  4. Running out of Cash
  5. Product Problems

What’s hilarious, and part of #3, is the amount of companies that fail due to co-founder in-fighting…

… meaning they couldn’t see eye to eye on a critical part of the business (funding, product roadmap, market strategy, etc).

The one I see the most often when it comes to technology and innovation is #1…

… founders running around with some cool tech, with no clear customer problem to solve.

It’s a solution in search of a problem.

Always a scary proposition and the opposite of the way I encourage first time founders to start off (find customers before you develop your tech).

If you’ve got questions about either one of these five, be sure to leave a comment with the specifics and I’ll help you turn things around.

Keep up the hustle!

--

Dan Martell has advised more startups than his hometown has people and teaches startup founders like you how to scale. (Get the free 3 videos to grow your business here.) He previously created, raised venture funding for and successfully exited two tech startups: Flowtown and Clarity.fm. You should follow him on twitter@danmartell for tweets that are actually awesome.

Are you an entrepreneur? Get free weekly video training here:
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