DealMakers Yannis Niebelschuetz On Raising $330 Million To Democratize Coaching For All Career Levels
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Jun 25, 2023 Yannis Niebelschuetz, founder of CoachHub, is on a mission to democratize coaching. He shares the hurdles he faced in attracting clients and coaches while maintaining high standards. Yannis reflects on his global experiences and how they've shaped his approach to management. He recounts his journey from launching a fragrance startup to scaling CoachHub with $330 million in funding. The conversation explores the vital role of coaching in fostering empathetic leadership and improving communication among teams.
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My Perfume's Failure and Lessons Learned
- Yannis Niebelschuetz's first company, My Perfume, allowed customers to create custom scents online.
- Despite reaching 200,000 clients, the venture ultimately failed, teaching him valuable lessons about e-commerce and leadership.
Test Hub's Beachside Beginnings
- Test Hub, a usability testing platform, was conceived on a Barcelona beach.
- Yannis Niebelschuetz coded the initial website himself and began acquiring clients, leading to a successful acquisition by Vista Equity.
Perseverance in the Face of Adversity
- Starting a business is tough; expect pushback and be persistent.
- Focus on your work ethic and input, as you can't control external factors like client or coach interest.
