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Bonanza: Product Growth

Latest episodes

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Jan 18, 2024 • 5min

Shorts: Never a Better Time Than Now To Hire Your Internal Team

In this episode of Bonanza Shorts, Behrad, the voice behind the scenes at Bonanza Studios, underscores the opportune moment to build your internal team. Running a growth studio, Behrad advocates for a lean and effective core team over a large one, especially in today's landscape of advanced AI tools.Behrad emphasizes that with the market saturated with talented individuals seeking new opportunities, now is the time to assemble a core team. Highlighting recent layoffs from major companies like Spotify, he urges businesses to capitalize on the available talent pool.The episode stresses the value of having an efficient core team, citing successful collaborations with startups that already possess capable teams. Behrad advocates for leveraging AI tools and external support, like Bonanza Studios, to fill specific skill or execution gaps.As the economy trends positively, Behrad urges businesses to act swiftly in hiring, predicting increased competition for top talent in 2024. This short and insightful episode serves as a reminder to strategize for the year ahead and seize the current hiring landscape. Learn more about Bonanza Studios here.Follow us on LinkedIn here.
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Jan 12, 2024 • 12min

Shorts: Four Key Lessons I Picked Up From Early-Stage Start-Ups

Join Behrad Mirafshar, CEO of Bonanza Studios, in this episode of Bonanza Growth Shorts, as he distills four essential lessons from working with over 50 early-stage startups.Behrad begins by emphasizing the critical need to "niche down to scale up." Using a client example, he illustrates the gap between founders' awareness and effective execution in narrowing their target market.Moving on to "customer discovery," Behrad underscores the importance of active listening and empathy, emphasizing its continuous nature for startups.In the third lesson, Behrad challenges the norm, stating that "direct outreach is more useful than paid marketing" at the early stages. He explains the cost-effectiveness and scalability of this approach.Lastly, Behrad stresses the necessity of a "two-week cycle of iteration." He warns against clinging to initial ideas, urging founders to stay agile and adaptable for sustained growth.Whether you're a startup founder or navigating the business world, these concise insights provide a roadmap for success in 2024. Tune in for practical advice and actionable strategies.Learn more about Bonanza Studios here.Follow us on LinkedIn here.
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Jan 5, 2024 • 12min

Shorts: Hard Truths: Why Your B2B Business Isn't Growing

Welcome to another eye-opening episode of Bonanza Growth Shorts! Behrad is back with another short but impactful discussion on the challenges faced by early-stage startups striving to grow their B2B businesses.In this episode, Behrad dives into the hard truths about why some B2B startups struggle to thrive. Drawing from his direct experiences with startups navigating growth hurdles, Behrad sheds light on critical insights that could reshape your strategies for 2024.Join Behrad as he unravels several key points:People Buy from People: Behrad emphasizes the paramount importance of human-to-human interactions in B2B sales. Trust, he contends, is earned through personal connections, making it a decisive factor in B2B transactions.Buyers Are Meticulous Comparers: Behrad highlights the extended timeline involved in B2B purchasing decisions. Prospective buyers meticulously compare options, consult peers, and engage in a thorough evaluation process that often spans months.Differentiation Is Crucial: Behrad challenges generic taglines and encourages startups to move beyond bland promises. To stand out, he advises communicating with the complexity and expertise of a heart surgeon, showcasing thought leadership.Prove Your Expertise: Thought leadership marketing becomes the cornerstone for acquiring new customers. Behrad emphasizes the need for B2B businesses to effectively demonstrate their authority and unique insights in their respective verticals.Value Trumps Price: While some buyers may focus on price, a significant portion values expertise, speed of execution, and tangible business impact. Behrad encourages businesses to compete on value, expertise, and speed rather than engaging in a price war.Seconds, Not Minutes: In the fast-paced B2B environment, you have less than a minute to capture the attention of new buyers on your homepage. Behrad stresses the importance of delivering value and demonstrating authority within this brief window.Behrad leaves you with a profound understanding of the intricacies of B2B sales and growth. Stay tuned for deeper insights in the next episode, where Behrad will further dissect these critical points. Don't miss out on the valuable lessons to enhance your B2B strategies. Until next time, stay tuned for more enlightening episodes!Learn more about Bonanza Studios here.Follow us on LinkedIn here.
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Dec 29, 2023 • 18min

Shorts: People Buy From People

Welcome to another insightful episode of Bonanza Growth Shorts! In this mini-episode, Behrad Mirafshar delves deep into the psychology of sales, focusing on a crucial aspect of B2B SaaS growth—the concept that "people buy from people."Join Behrad as he explores the gap between understanding this idea and successfully executing it, particularly in the context of early-stage startups. With a wealth of experience in guiding startups toward achieving product-market fit, Behrad shares practical insights on identifying a growing market and serving ideal customer profiles.Throughout the episode, Behrad zeroes in on the pivotal role of positioning and messaging in the B2B SaaS landscape. Learn how to effectively target your audience through a process of omission and the importance of communication, messaging, and broadcasting expertise. Behrad outlines practical steps to build trust, a key element for founder-led marketing in early-stage B2B SaaS startups.As Behrad navigates the challenges of replicating oneself for potential buyers, he emphasizes the significance of the homepage. Discover why an effective homepage is more critical than a sprawling marketing website. Behrad breaks down the elements needed to establish trust, from sharing deep insights and understanding prospects' pain points to positioning your product uniquely and providing compelling social proof.Whether you're a founder looking to scale your startup or simply fascinated by the intricacies of B2B SaaS growth, Behrad's insights in this episode are actionable and insightful.Thanks for joining Behrad and Bonanaza Studios on this journey! Until the next short episode, stay healthy and safe. Happy 2024!Learn more about Bonanza Studios here.Follow us on LinkedIn here.
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Dec 22, 2023 • 10min

Shorts: I'm Bullish on 2024

Welcome to a special episode of Bonanza Growth Shorts, where Behrad Mirafshar, the founder of Bonanza Studios, shares his candid thoughts on the prospects of 2024.In a world where positivity can be a rarity, Behrad breaks the mould by expressing his optimism, grounded in the performance and activities of Bonanza Studios in 2023.With a retrospective look at 2022 and the challenges faced entering 2023, Behrad paints a picture of resilience. Despite a drop in leads and the unexpected departure of a major client, Bonanza Studios not only weathered the storm but achieved a remarkable 10% revenue growth.As Behrad delves into the intricacies of the past year, he reflects on the initial uncertainty and urgency that shaped the beginning of 2023. Despite the challenges, he emerges with a positive outlook for 2024, laying out compelling reasons for his optimism.Behrad's optimism for 2024 stems from a global economy settling into a new reality after two years of downturn. He foresees a shift from recession to growth, supported by positive signs in the B2B SaaS sector. With potential interest rate reductions in the US and a renewed stream of investments, Behrad encourages early-stage startups to gear up for a more favorable landscape.As Bonanza Studios experiences a positive trend with increasing leads and imminent new business closures, Behrad encourages fellow entrepreneurs to approach 2024 with strategic planning. In a climate where businesses are transitioning from defense to offense, he emphasizes the importance of cracking the code, achieving product-market fit, and preparing for subsequent funding rounds.Join Behrad in this special episode as he shares insights, optimism, and a call to action for entrepreneurs gearing up for the promising journey of 2024. Stay hopeful, plan diligently, and let's embrace the positive change ahead!Learn more about Bonanza Studios here.Follow us on LinkedIn here.
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Dec 15, 2023 • 16min

Shorts: The Difference Between B2B and B2C Sales

Welcome to Bonanza Growth Shorts, a series of quick insights brought to you by Behrad Mirafshar, the founder of Bonanza Studios. In this special episode, Behrad delves into a critical aspect of the startup world – the disparities between B2B and B2C sales.As the year winds down, Behrad takes a moment to share his direct thoughts on a topic that he encounters frequently while working with early-stage SaaS startups. The crux of the matter? A widespread misconception among founders regarding how to position and brand their products.In this enlightening episode, Behrad sheds light on the crucial differences in sales dynamics between B2B and B2C. Drawing from his extensive experience auditing websites, he uncovers a staggering 90% to 95% deficiency in clearly communicating product benefits to the target audience.Behrad emphasizes the urgency for B2B startups to grasp the unique nature of their market. Unlike B2C, where aspirational branding and lifestyle appeal play a pivotal role, B2B success hinges on solving immediate and pressing issues for clients.He unveils two key distinctions in B2B sales – the necessity for products to address origin problems and the involvement of multiple personas in the decision-making process. Behrad provides valuable insights into website design and branding collateral, urging founders to align their messaging with the specific needs of decision-makers, influencers, and end-users.Drawing from a personal experience in a startup's early days, Behrad underscores the pitfalls of a broad targeting approach. Lack of focus and generic messaging can cripple a startup's growth, resulting in a struggle to find a dedicated customer base.As the episode concludes, Behrad leaves listeners with two crucial questions for reflection – Does your B2B startup have a niche target? And, if so, is the communication of your product's benefits on your homepage crystal clear?Tune in to this short yet impactful episode to gain valuable insights into the world of B2B sales and messaging from Behrad, who has played a pivotal role in the success of over 50 startups in the past four years. Don't miss out on the wisdom that can help your business navigate the intricacies of the B2B landscape.Learn more about Bonanza Studios here.Follow us on LinkedIn here.
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Dec 8, 2023 • 1h 2min

Ep. 69 How to Sell High-Ticket SaaS Contracts with Steve Bussey

Welcome back to Bonanza Growth, the podcast that takes you on a thrilling journey into the world of business growth and success. Hosted by Behrad Mirafshar, the visionary founder and CEO of Bonanza Design GmbH, each week, we bring you engaging conversations with industry experts, innovators, and thought leaders.In this episode, Behrad sits down with the exceptional Steve Bussey for an enlightening exploration of sales and business growth. Prepare to dive deep into the intricacies of mindset, resilience, and the high-performance culture that drives organizations to new heights.Discover the secrets behind creating an effortless customer experience, the power of building case studies, and the collaboration between sales, marketing, and product teams. Steve shares invaluable insights, emphasizing the importance of focusing on the "brilliant basics" for startup success and the need for transparent communication about costs and business justifications.Together Behrad and Steve unravel the art of relationship-building in sales. Learn about becoming a customer's trusted coach, navigating multi-stakeholder decision-making, and mastering negotiation without conceding blindly. Steve provides practical tips for improving your sales skills and shares insights from his company, Salestrong, dedicated to enhancing sales team capabilities and driving growth.Get ready to elevate your business acumen, challenge conventional thinking, and embark on a journey of growth and innovation. This is Bonanza Growth—where brilliance meets business. Subscribe now and join us every week for a front-row seat to the strategies and stories that fuel success.Learn more about Bonanza Studios here.Follow us on LinkedIn here.Follow Steve Bussey on LinkedIn here. 
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Dec 1, 2023 • 45min

Ep. 68 Scaling Early-Stage Startups with Patrick Haede

On this episode, Behrad Mirafshar interviews Patrick Haede, a trailblazer and entrepreneur. They discuss the challenges of balancing fatherhood and entrepreneurship, building Sonic, a startup studio, and the importance of efficient decision-making and time management. The hosts also touch on the origins of their podcast and their investment criteria as angel investors. Tune in for valuable insights from Patrick Haede!
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Nov 24, 2023 • 1h

Ep. 67 Combining Lean Strategy with Digital Product Development with Catherine Chabiron and Fabrice Bernhard

🚀  Welcome back to Bonanza Growth!Get ready for an exhilarating journey into the world of business and entrepreneurship with your host Behrad Mirafshar, the trailblazing founder and CEO of Bonanza Studios. Every week, Behrad sits down with industry titans, and this week's special guests are no exception—welcome Catherine Chabiron and Fabrice Bernhard from Theodo, the international tech consultancy that's redefining innovation.Meet the Game-Changers:Catherine Chabiron: A force to be reckoned with, Catherine is an executive coach, Lean expert, and active volunteer at the Institut Lean France. She challenges the norm, advocating for developing competences over outsourcing, and focuses on flowing products and services to create real customer value.Fabrice Bernhard: Co-founder of Theodo, Fabrice has steered the company's remarkable 50% annual growth for the past eight years, culminating in an impressive €90M turnover in 2022. Based in London for international expansion, Fabrice is passionate about the transformative power of tech and Lean practices.Dive into Lean Brilliance:In this riveting podcast episode, Catherine and Fabrice unveil the secrets behind Theodo's Lean journey. From navigating growth challenges to maintaining unwavering customer focus, they share insights on the paradigm shift from Agile to Lean. Discover how Lean empowers people, fuels creativity, and transforms organizations into hubs of ingenuity.Key Takeaways:🌐 Scaling Innovatively: Explore Theodo's evolutionary path from Agile to Lean and its impact on the company's skyrocketing success.🚀 Lean Culture Unleashed: Understand how Lean principles bring customer obsession to the forefront, fostering creativity and problem-solving across the organization.🌟 Gemba Walks and More: Delve into Theodo's strategies for maintaining a customer-focused culture, from gemba walks to visual management, rituals, and indicators.💡 Thinking Transformation: Learn how Lean isn't just a set of tools but a mindset that transforms thinking across all levels of the organization.Inspiration Awaits:This podcast is more than just insights; it's a call to action! Catherine and Fabrice's anecdotes and experiences will leave you inspired to embrace Lean principles, transforming your workplace into a hub of innovation. Don't miss this dynamic episode on Bonanza Growth—the podcast that's propelling businesses into realms of unparalleled success through the magic of Lean transformation.🎧 Tune in and revolutionize your approach to business growth! 🚀Learn more about Bonanza Studios here.Follow us on LinkedIn here.Follow Catherine Chabiron on LinkedIn here. Follow Fabrice Bernhard on LinkedIn here. 
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Nov 17, 2023 • 1h 3min

Ep. 66 Bringing Together Product Strategy and Customer Value with Dave Martin

Welcome back to Bonanza Growth!🎙️ In this episode we join host Behrad Mirafshar as he sits down with industry expert Dave Martin, an outcome leadership coach and former CPO, to explore the intriguing dynamics of strategic product growth. Together, they unravel the insights from Dave's latest book, "The Product Momentum Gap," delving into the challenges faced by product leaders and the keys to navigating misalignments and scaling hurdles.🚀 Dave introduces the groundbreaking concept of the "Product Value Creation Plan," emphasizing the need for leadership alignment and fostering a culture that allows product teams the autonomy to craft products with customer-centric value. The conversation spans from breaking down biases within leadership teams to differentiating between business and product strategy. It's a deep dive into mastering Product-Market Fit, understanding the dynamic nature of startups, and strategically targeting success.👥 Behrad and Dave also share success stories, emphasizing the power of strategic thinking, leadership alignment, and the importance of prioritizing critical problems. Whether you're a seasoned professional or a startup enthusiast, this episode is a goldmine of insights that will fuel your growth mindset. Tune in to Bonanza Growth and embark on a journey of innovation, collaboration, and strategic product excellence. 🎧Learn more about Bonanza Studios here.Follow us on LinkedIn here.Follow Dave Martin on LinkedIn here. 

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