DiscoverProdcircle with Mudassir MustafaWhat does it take to build a billion dollar company? with Somi Arian
What does it take to build a billion dollar company? with Somi Arian

What does it take to build a billion dollar company? with Somi Arian

Update: 2024-04-24
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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

  1. 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.
  2. Building a personal brand on LinkedIn involves creating valuable content, listening to what resonates with your audience, and associating with industry experts.
  3. Even with limited resources, it is possible to build a good enough personal brand by taking risks, being consistent, and focusing on content creation.
  4. The choice between running a bootstrapped company or a venture-backed unicorn depends on personal preferences and the stage of life one is in.
  5. 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

Connect with Mudassir

🎥 YouTube Channel - @prodcircleHQ
🐦 Twitter - https://twitter.com/ProdcircleHQ
📸 Instagram - https://instagram.com/prodcirclehq
💻 Website - https://prodcircle.com/
👥 Linkedin - https://www.linkedin.com/in/mudassir-mustafa/

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What does it take to build a billion dollar company? with Somi Arian

What does it take to build a billion dollar company? with Somi Arian

Mudassir Mustafa