Founding Journey

How Tibo Louis-Lucas Bootstrapped to a $10 Million Exit

This is how Tibo Louis-Lucas built a new startup every month... until one took off and turned into a $10 million exit.


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🚀 Website → tmaker.io


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In this conversation we chat about:


Founder Mode

  • (00:00) — Intro
  • (01:24) — Being a venture-backed founder
  • (02:41) — Learnings from early business failures
  • (24:00) — Identifying scalable business opportunities
  • (33:20) — Goal of getting 5 companies to $100k MRR in 3 years
  • (41:35) — How to unlock different versions of yourself
  • (43:02) — Identifying opportunities while building multiple companies


Growth & Scaling

  • (05:14) — The advantage of quickly shipping
  • (08:36) — Pros and cons of building in public
  • (10:28) — Alternatives to building in public
  • (11:24) — The moats that exist today
  • (15:31) — Utilizing micro-influencers for growth
  • (37:56) — Keeping 2-person companies at scale
  • (39:18) — Working alongside a complementary co-founder


Product & Acquisition Strategy

  • (12:55) — Platform risk
  • (18:32) — How founders can learn to kill products
  • (20:35) — Outsourcing to external developers
  • (21:57) — Buying small products
  • (25:26) — Deciding how much to invest into micro-acquisitions
  • (27:47) — Buying & selling assets rather than companies
  • (30:42) — Buying a tool to compete with the newsletter giants
  • (36:46) — AI’s unique software enablement
  • (44:08) — Deciding when and how to sell your company
  • (48:10) — How to decide how and whom to sell your company to


Advice & Insights

  • (49:04) — Founder Tips for Negotiating Deals
  • (49:57) — Bootstrapping vs. raising VC
  • (52:08) — The future of SaaS
  • (55:58) — Taking a job after being a founder
  • (58:21) — Founders don’t know when they need to quit


Rapid Fire

  • (59:18) — Who is one investor you’d recommend?
  • (59:46) — One thing you'd change about startups?
  • (1:00:20) — Advice for first-time founders?
  • (1:00:51) — Something you believe that most disagree with?