Mike McDerment - Co-Founder of FreshBooks - How To Not Kill Your SaaS Business The Growth Hub Podcast

Mike McDerment is Co-Founder, former CEO, and Board Chair of FreshBooks, and in this episode we’re talking about how to not kill your SaaS business.

Mike went from accidental founder to CEO of a SaaS company with over 24 million users and he’s learned a lot of lessons along the way having almost killed the business on multiple occasions.

In this episode, Mike talks about:
- How he accidentally founded a SaaS company
- Why moving too fast almost killed FreshBooks early on
- Why he underestimated word of mouth as a growth driver
- Why raising at the wrong time can be very dangerous
- The counter-intuitive idea of why Mike decided to start a direct competitor company to FreshBooks called BillSpring

Links

FreshBooks >> https://www.freshbooks.com/
The E-Myth by Michael Gerber >> https://www.goodreads.com/book/show/81942.E_Myth_Mastery

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