303: How I Deal with Investment Offers
The Bootstrapped Founder
03/15/24
•16m
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Ever since I started building Podscan in public, I’ve received a lot of attention.
And it’s been spectacular: I’ve found early users, prospects, customers, and cheerleaders.
Apparently, when people see something get traction, they want to be a part of it. Besides the much welcome support on social media, this has also resulted in a few offers that go beyond monthly subscription revenue. Today, I want to share with you how I think about collaborating with people, taking investment, and growing the team.
This episode is sponsored by Acquire.com
The blog post: https://thebootstrappedfounder.com/how-i-deal-with-investment-offers/
The podcast episode: https://tbf.fm/episodes/303-how-i-deal-with-investment-offers
Check out Podscan to get alerts when you're mentioned on podcasts: https://podscan.fm
Send me a voicemail on Podline: https://podline.fm/arvid
You'll find my weekly article on my blog: https://thebootstrappedfounder.com
Podcast: https://thebootstrappedfounder.com/podcast
Newsletter: https://thebootstrappedfounder.com/newsletter
My book Zero to Sold: https://zerotosold.com/
My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/
My course Find Your Following: https://findyourfollowing.com
Here are a few tools I use. Using my affiliate links will support my work at no additional cost to you.
- Notion (which I use to organize, write, coordinate, and archive my podcast + newsletter): https://affiliate.notion.so/465mv1536drx
- Riverside.fm (that's what I recorded this episode with): https://riverside.fm/?via=arvid
- TweetHunter (for speedy scheduling and writing Tweets): http://tweethunter.io/?via=arvid
- HypeFury (for massive Twitter analytics and scheduling): https://hypefury.com/?via=arvid60
- AudioPen (for taking voice notes and getting amazing summaries): https://audiopen.ai/?aff=PXErZ
- Descript (for word-based video editing, subtitles, and clips): https://www.descript.com/?lmref=3cf39Q
- ConvertKit (for email lists, newsletters, even finding sponsors): https://convertkit.com?lmref=bN9CZw
Previous Episode
302: Nick Groeneveld — Speaking the Language of your Customers
March 13, 2024
•50m
Nick Groeneveld (@ToolboxOfDesign) understands that design isn't about gadgets, widgets, or buttons. For Nick, design is understanding the needs, desires, and expectations of those you aim to serve. We chat about talking to your customers, what common mistakes indie hackers make when thinking about "design", and just how much more UX means than web interfaces.
Nick is ALSO the guy behind my interview videos and thumbnails! He's the producer of The Bootstrapped Founder, really. We talk about how freelancing and working with a media partner works, how he juggles his financials, and what lifestyle he aims for.
Nick on Twitter: https://twitter.com/ToolboxOfDesign
00:00:00 Designing for the User Experience
00:09:34 Managing Feature Creep and Simplifying UX
00:16:15 User-Centric Design and Business Growth
00:25:48 Evolving UX Design Services
00:33:12 Limiting Clientele for Meaningful Work
00:36:51 Building a Lifestyle Work Balance
00:50:01 Supporting Bootswap Founder on Multiple Platforms
This episode is sponsored by Acquire.com
The blog post: https://thebootstrappedfounder.com/nick-groeneveld-speaking-the-language-of-your-customers/
The podcast episode: https://tbf.fm/episodes/302-nick-groeneveld-speaking-the-language-of-your-customers
The video: https://youtu.be/mCH_qEHgK0Y
You'll find my weekly article on my blog: https://thebootstrappedfounder.com
Podcast: https://thebootstrappedfounder.com/podcast
Newsletter: https://thebootstrappedfounder.com/newsletter
My book Zero to Sold: https://zerotosold.com/
My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/
My course Find Your Following: https://findyourfollowing.com
Here are a few tools I use. Using my affiliate links will support my work at no additional cost to you.
- Notion (which I use to organize, write, coordinate, and archive my podcast + newsletter): https://affiliate.notion.so/465mv1536drx
- Riverside.fm (that's what I recorded this episode with): https://riverside.fm/?via=arvid
- TweetHunter (for speedy scheduling and writing Tweets): http://tweethunter.io/?via=arvid
- HypeFury (for massive Twitter analytics and scheduling): https://hypefury.com/?via=arvid60
- AudioPen (for taking voice notes and getting amazing summaries): https://audiopen.ai/?aff=PXErZ
- Descript (for word-based video editing, subtitles, and clips): https://www.descript.com/?lmref=3cf39Q
- ConvertKit (for email lists, newsletters, even finding sponsors): https://convertkit.com?lmref=bN9CZw
- (00:00) - Designing for the User Experience
- (09:34) - Managing Feature Creep and Simplifying UX
- (16:15) - User-Centric Design and Business Growth
- (25:48) - Evolving UX Design Services
- (33:12) - Limiting Clientele for Meaningful Work
- (36:51) - Building a Lifestyle Work Balance
- (50:01) - Supporting Bootswap Founder on Multiple Platforms
Next Episode
304: Tyler Tringas — Investing in Bootstrapped SaaS
March 20, 2024
•61m
Tyler Tringas (@tylertringas) invests in bootstrapped businesses. Wait... Aren't those supposed to NOT take investment money? What's going on here?
Alignment is what's going on. Where traditional VC's often have very different goals from founders, funds like Tyler's Calm Company Fund focus on helping niche software businesses that don't chase hypergrowth. Instead, Tyler supports those who want to build calm and profitable ventures. You know, the regular kind of business. The one that focuses on making money.
In our chat, we dive into how bootstrapping and investment go together, how a fund manager makes investment decisions, why NoCode is a massive business accelerator and how the Calm Fund has adapted over its 5-year history.
Tyler on Twitter: https://twitter.com/tylertringas
00:00:00 Sustainable Businesses With Calm Company Fund
00:07:53 Rethinking Valuations and Company Building
00:18:04 Investment Strategy and Sustainability
00:25:33 Challenges and Opportunities in Fund Mentoring
00:29:31 Challenges of Saying No to Founders
00:34:36 Investor Alignment and Profit Sharing
00:44:51 Exploring AI and No-Code Tools
00:51:10 Navigating the Future of Calm Companies
This episode is sponsored by Acquire.com
The blog post: https://thebootstrappedfounder.com/tyler-tringas-investing-in-bootstrapped-saas/
The podcast episode: https://tbf.fm/episodes/304-tyler-tringas-investing-in-bootstrapped-saas
The video: https://youtu.be/K-TZXmN2kJs
You'll find my weekly article on my blog: https://thebootstrappedfounder.com
Podcast: https://thebootstrappedfounder.com/podcast
Newsletter: https://thebootstrappedfounder.com/newsletter
My book Zero to Sold: https://zerotosold.com/
My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/
My course Find Your Following: https://findyourfollowing.com
Here are a few tools I use. Using my affiliate links will support my work at no additional cost to you.
- Notion (which I use to organize, write, coordinate, and archive my podcast + newsletter): https://affiliate.notion.so/465mv1536drx
- Riverside.fm (that's what I recorded this episode with): https://riverside.fm/?via=arvid
- TweetHunter (for speedy scheduling and writing Tweets): http://tweethunter.io/?via=arvid
- HypeFury (for massive Twitter analytics and scheduling): https://hypefury.com/?via=arvid60
- AudioPen (for taking voice notes and getting amazing summaries): https://audiopen.ai/?aff=PXErZ
- Descript (for word-based video editing, subtitles, and clips): https://www.descript.com/?lmref=3cf39Q
- ConvertKit (for email lists, newsletters, even finding sponsors): https://convertkit.com?lmref=bN9CZw
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