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#298: Bootstrapping RecruiterBox to Successful All Cash Exit with Girish Redekar
Girish Redekar is the founder of RecruiterBox, an IT pro and SaaS business expert. In this entrepreneur story, Girish talks about how he started his SaaS company and stood out among the thick competition to then sell internationally for an all-cash offer.
In this episode, Girish discusses how he bootstrapped RecruiterBox and prioritized customer feedback for product development. He then talks about how he never made more features at one time than the company could afford, because many SaaS businesses go bankrupt when they invest too much into making new features without first acquiring new customers. From there, Girish talks about how he created an automated sales system with a very small sales team. This allowed him to scale RecruiterBox to 2,500 customers internationally, which he then sold to an American private equity firm for an all-cash offer. If you want to discover secrets to scaling a company using repeatable systems, this episode is for you!
// WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn
What kept Girish on the entrepreneurial path after going two years without anything to show for it.
How Girish realized that he was undervaluing what he was building (RecruiterBox).
How Girish approached building a new software and why it needed to be better and easier than a simple spreadsheet.
How Girish came up with his main KPIs while growing RecruiterBox.
How Girish prioritized product development and feature requests based on mass customer feedback.
Why Girish never spent more than the company made on marketing, product development, etc.
How Girish sold RecruiterBox with automated systems and very few salespeople.
How Girish and his leadership team confronted their out-of-the-blue offer with RecruiterBox.
How Girish sold RecruiterBox internationally without an investment banker.
How Girish was able to walk away with an all-cash deal.
// USE YOUR FINANCIALS TO CLARIFY A PATH TOWARDS A MORE VALUABLE BUSINESS: Intentional Growth Financial Assessment
Bio:
Girish Redekar is CEO and co-founder of Sprinto.com., a company that helps SaaS brands become SOC-2 compliant, close enterprise deals faster, and pass vendor security assessments easily.
Previously, he built and bootstrapped RecruiterBox to over 2,500 customers and over 50 employees in the U.S. and India. The company was acquired by San Francisco-based private equity firm Turn/River Capital in an undisclosed all-cash deal (no stock or earn-outs). RecruiterBox was profitable throughout its journey.
Girish is a passionate programmer and entrepreneur, keen on helping other SaaS businesses demon
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By Arkona - Intentional GrowthGirish Redekar is the founder of RecruiterBox, an IT pro and SaaS business expert. In this entrepreneur story, Girish talks about how he started his SaaS company and stood out among the thick competition to then sell internationally for an all-cash offer.
In this episode, Girish discusses how he bootstrapped RecruiterBox and prioritized customer feedback for product development. He then talks about how he never made more features at one time than the company could afford, because many SaaS businesses go bankrupt when they invest too much into making new features without first acquiring new customers. From there, Girish talks about how he created an automated sales system with a very small sales team. This allowed him to scale RecruiterBox to 2,500 customers internationally, which he then sold to an American private equity firm for an all-cash offer. If you want to discover secrets to scaling a company using repeatable systems, this episode is for you!
// WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn
What kept Girish on the entrepreneurial path after going two years without anything to show for it.
How Girish realized that he was undervaluing what he was building (RecruiterBox).
How Girish approached building a new software and why it needed to be better and easier than a simple spreadsheet.
How Girish came up with his main KPIs while growing RecruiterBox.
How Girish prioritized product development and feature requests based on mass customer feedback.
Why Girish never spent more than the company made on marketing, product development, etc.
How Girish sold RecruiterBox with automated systems and very few salespeople.
How Girish and his leadership team confronted their out-of-the-blue offer with RecruiterBox.
How Girish sold RecruiterBox internationally without an investment banker.
How Girish was able to walk away with an all-cash deal.
// USE YOUR FINANCIALS TO CLARIFY A PATH TOWARDS A MORE VALUABLE BUSINESS: Intentional Growth Financial Assessment
Bio:
Girish Redekar is CEO and co-founder of Sprinto.com., a company that helps SaaS brands become SOC-2 compliant, close enterprise deals faster, and pass vendor security assessments easily.
Previously, he built and bootstrapped RecruiterBox to over 2,500 customers and over 50 employees in the U.S. and India. The company was acquired by San Francisco-based private equity firm Turn/River Capital in an undisclosed all-cash deal (no stock or earn-outs). RecruiterBox was profitable throughout its journey.
Girish is a passionate programmer and entrepreneur, keen on helping other SaaS businesses demon