RV239 - The Bootstrap Advantage (My CEO Consulting Call)
In this unique episode, Chris shares the unfiltered audio from a consulting call with an entrepreneur. Chris offers advice from his personal experience building multiple businesses to 7 and 8 figures in revenue.Here’s what you’ll learn in this episode:Why raising VC money might be a sign that your business model needs rethinkingThe advantages of bootstrapping a SaaS company to $5-10M ARRHow a SaaS + services model creates better financial outcomes and product developmentWhy "slow is fast" in building sustainable businessesThe dangers of rapid scaling and how it often leads to revenue regressionHow to structure equity and compensation in early-stage companiesThe math behind exit outcomes and why 100% ownership of a smaller company often beats partial ownership of a larger oneBuilding customer success into your model rather than outsourcing itWhy the feedback loop from direct customer service dramatically improves product developmentReal numbers from Chris's journey growing his agency from $11M to $22M and back to $12M–Thanks to our friends at Hatch for producing Revenue Vitals and all of Chris’s short-form video and YouTube content. Hatch is a video-first content agency that creates short-form video content, video podcasts, original video series, and YouTube videos for B2B companies. Visit www.hatch.fm to learn more.