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SaaS Interviews with CEOs, Startups, Founders

What if you knew data behind the fastest growing SaaS companies today? Each morning join Nathan Latka as he spends 15 minutes interviewing SaaS founders. You'll learn how SaaS CEO's launched their startup and grew it into a business. SaaS Founders range from bootstrapped to funded, MVP to 10,000 customers, pre revenue to pre IPO.
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Now displaying: Page 1
Nov 8, 2016

Ash Kumra, an award-winning entrepreneur, author, public speaker, and talk show host recognized twice by the White House as an entrepreneur making an impact. Listen as Ash shares how he runs Youngry, a media company he co-founded that informs, inspires, and elevates young and hungry minded entrepreneurs to thrive.

Famous Five:

  • Favorite Book? – Inside Steve’s Brain
  • What CEO do you follow? –  Mark Benioff
  • Favorite online tool? — Lead.com
  • Do you get 8 hours of sleep?— Yes
  • If you could let your 20-year old self know one thing, what would it be? – “To not be worried about other people’s things”

 

Time Stamped Show Notes:

  • 01:44 – Nathan introduces Ash to the show
  • 02:10 – Youngry is an entrepreneur media company
    • 02:27 – Youngry provides helpful information from successful entrepreneurs
    • 02:38 – Youngry’s business model provides e-commerce product
    • 03:40 – Youngry provides a community for early stage entrepreneurs to get the best content to help them thrive
  • 05:04 – Ash and his team decided to launch Youngry with an equity crowd funding
    • 05:12 – The new law stating that both credited and uncredited can invest in a deal
      • 05:27 – Difference of credited and uncredited
    • 05:48 – Worked with AngelList
      • 05:53 – AngelList launched an equity crowd funding called Republic
  • 06:15 – Republic.co
    • 06:40 – Minimum amount to invest is $ 10
    • 06:50 – Minimum goal to hit is $ 50,000
    • 06:55 – Youngry hits $ 65,920
  • 07:00 – Crowd safe is a form of a safe note
  • 08:25 – What if people want to donate but think that valuation is crap?
    • 08:30 – “It is not a donation but an actual investment”
    • 08:45 – Questions about crowd funding should go to the crowd forum
    • 09:08 – Youngry made a $ 2 million value
  • 10:00 – Ash and his partner had $ 50,000 as a side money
  • 10:30 – Youngry already made $ 65,000 revenue
  • 11:00 – Youngry is various focus
    • 11:23 – Influence remarking as an e-commerce marking
    • 11:28 – Bigger brands see the value of audience that Youngry is generating
    • 11:32 – In 60 days, Youngry generated 50,000-75,000 audience
    • 12:05 – The crowd funding campaign helped Youngry get fraction from the larger brands
  • 12:28 – Youngry’s event sponsorship
  • 13:15 – Launch date of Youngry is December 1 2016
  • 13:30 – Connect with Ash through Ash@Youngry.com
  • 15:38 – The Famous Five

 

3 Key Points:

  • Equity crowdfunding can be beneficial to both startups and investors.
  • Study and learn the process before investing – even the legal matters.
  • Mind your own business. Don’t worry too much about other people’s problems.

 

Resources Mentioned:

  • Toptal – Nathan found his development team using Toptal  for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to quality of Toptal  developers.
  • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
  • Freshbooks – The site Nathan uses to manage his invoices and accounts.
  • Leadpages  – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
  • Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
  • Assistant.to – The site Nathan uses to book meetings with one email.
  • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
  • Drip – Nathan uses Drip’s email automation platform and visual campaign builder to build his sales funnel.
  • Ash@Youngry.com – Ash’s email address
  • Show Notes provided by Mallard Creatives
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