This Week in Startups E1017: Open Office Hours LIVE! Jason helps founders with their biggest challenges: scaling as a solo founder, reducing churn, raising capital in a heavily regulated field, pivoting from one-time payments to SaaS & more @ WSGR
Jan 10, 2020
Founders find themselves sharing their biggest challenges, from scaling solo to navigating churn in subscription models. A medical device startup seeks funding strategies amidst regulations while a VR company discusses the transition to subscriptions. There's also an insightful conversation on competing against established players in the laundry logistics space. Not to forget the emergence of a non-nicotine vape alternative, focusing on safe and ethical production to reshape perceptions. Each discussion highlights innovative solutions for today's entrepreneurial hurdles.
AI Snips
Chapters
Transcript
Episode notes
Balancing Revenue and Access
- Offer a mix of paid and deferred spots to balance revenue and access.
- Be transparent with pricing tiers, emphasizing social impact.
Transitioning to Daily Coaching
- Transition from job-search coaching to daily career coaching for higher LTV.
- Create new products like "Year One" to address specific career stages.
Exiting Medical Device Ventures
- Consider selling your medical device IP and brand for a return on investment.
- Focus on inventing and let others scale the business if fundraising is difficult.