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Our Future Podcast

#52: $540M Founder Shares His Repeatable Software Playbook

Aug 14, 2024
Stan Garber, co-founder of ScoutRFP and Levelpath, shares his journey from creating a restaurant tech platform to selling ScoutRFP for $540M. He emphasizes the importance of long-term partnerships, especially with co-founder Alex, and explores strategies for scaling software companies. Listeners will learn about maximizing client relationships for growth and the need for centralized systems in procurement. Stan also discusses trust-building in business and the significance of product-market fit for budding entrepreneurs.
46:52

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Stan Garber emphasizes the significance of user-focused product development, which follows thorough understanding of customer pain points to drive innovation.
  • The podcast highlights the role of strong long-term partnerships, exemplified by Garber’s collaboration with co-founder Alex, in entrepreneurial success.

Deep dives

Journey of Entrepreneurship

The guest shares his entrepreneurial journey, starting from his high school friendship with co-founder Alex Yakubovich, which laid the groundwork for their business ventures together. After launching three companies while still in school, they shifted focus to an online ordering platform for restaurants called Onesis. Despite only raising half a million dollars, by 2012 they were generating over half a billion in sales, providing online ordering solutions to major restaurant chains without being widely recognized. Their emphasis on profitability from year two showcased a sustainable business model before it became prevalent in the SaaS industry.

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