The Inside Story of Building Businesses

Entrepreneurial Rollercoaster: Cash Flow, Funding & Knowing When to Pivot


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Ever wonder what it takes to navigate the wild ride of entrepreneurship?


In this episode, Dursun sits down with Peter Poehle, the founder and CEO of Media65, a thriving video production company. Peter takes us on a journey through his entrepreneurial rollercoaster, sharing the valuable lessons learned from his startup successes and closures, including Yappoint and Boothted.


Get ready to dive deep into:

  • The critical role of cash flow for startups and why it's the lifeblood of your business.

  • The tough but necessary decisions behind shutting down a business idea, and how to know when it's time to pivot.

  • The pros and cons of external funding versus bootstrapping your venture, and how to choose the right path for you.

  • Balancing growth and sustainability while building a successful startup.


  • This episode is packed with actionable insights and practical advice for anyone considering launching their own venture, or for those already navigating the startup world.


    Chapters:

    00:00 Intro: The Media65 Journey & Peter Poehle's Story

    07:22 The Difficult Decision: Shutting Down (Yappoint)

    14:29 Cash Flow: The King of Startups

    18:27 Startup Lessons from Launch to Closure (Boothted)

    24:25 Exits & Success: The Other Side of the Coin (SponsorMyEvent)

    29:45 Funding Showdown: Bootstrapping vs. External Capital

    33:08 The Bootstrapping Hustle: Balancing Growth & Sustainability

    35:30 A Message for Aspiring Entrepreneurs: Patience & Hybrid Approaches

    ...more
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    The Inside Story of Building BusinessesBy Dursun