What does it take to build a billion dollar company? with Somi Arian
Description
Summary
In this video, Somi Arian shares what it takes to build a billion-dollar company. Learn about scalability, agencies, and more! If you're wondering how to make your business successful, this video is a must-watch!
Takeaways
- When starting a business, think about what people want and how you can provide it to them in a more efficient way than your competitors.
- Building a personal brand on LinkedIn involves creating valuable content, listening to what resonates with your audience, and associating with industry experts.
- Even with limited resources, it is possible to build a good enough personal brand by taking risks, being consistent, and focusing on content creation.
- The choice between running a bootstrapped company or a venture-backed unicorn depends on personal preferences and the stage of life one is in.
- Investors should consider the potential of female founders and not let biases or polished pitches overshadow their potential for success.
Chapters
00:00 Trailer
01:30 Who is Somi Arian
06:30 Understanding Scalable vs Non-Scalable Businesses
11:30 Why agency business are not scalable
14:50 Competing in the SaaS Market
18:40 Building a Network of VCs and LPs
20:20 Building Successful Businesses in Different Verticals
23:55 Giving People What They Want
26:25 Building a Personal Brand on LinkedIn
31:35 Building a Personal Brand on a Limited Budget
37:07 Choosing Between a Bootstrapped Company and a Venture-Backed Unicorn
40:19 Ending
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