How I Reverse Engineered A $100 Million Exit - Jason Lemkin
My First MillionEpisode 571: Sam Parr (https://twitter.com/theSamParr) talks to Jason Lemkin (https://twitter.com/jasonlk ) talk about the 7 rules of building a $100M business.
Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5
—
Show Notes:
(0:00) Jason Lemkin’s first million
(4:19) The rules of getting to a 9-figure exit
(5:32) Rule 1: New minimum is $400K per employee
(7:58) Rule 2: Go multi-product
(9:40) Rule 3: Your second product must be bigger than your first product
(11:05) Cheat code: Double your prices
(13:48) Rule 4: 30% of your revenue is international
(15:43) Rule 5: Localize your product
(19:05) Cheat code: Remove friction
(22:42) Rule 6: 100% net revenue retention
(29:01) Business models that won’t get you there
(33:38) $
0
(-)
Rate this episode:
Episode mentions
You can listen to this podcast, but not everything mentioned in it has been defined yet. Upvote it if you want it to be added next - the most voted podcasts will be added as soon as possible
Transcript
This episode has not been transcribed yet. Upvote it if you want it to be added next - the most voted podcasts will be added as soon as possible.