Midstage Startup Momentum

Midstage Startup Momentum

By Roland SiebelinkBusinessEntrepreneurship
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Midstage Startup Momentum episodes

  • #078 Midstage Momentum Method

    No startup can make it to product-market dominance without having a plan. That’s why the Midstage Institute has put together the midstage momentum method. This is a five-lever plan to help startups upon reaching the midstage and get them from product-market fit to product-market dominance as quickly and efficiently as possible. The method creates a roadmap that startups can follow for future success, guiding them as they get better at what they do and build more competencies.

    On this week’s episode of the Midstage Startup Momentum Podcast, startup coach Roland Siebelink introduces the five parts of the midstage momentum method, giving startups their own roadmap to achieving product-market dominance.

    • Better define the responsibilities and expected output of your team.
    • Understand the core segments that are most in need of your minimum value proposition.
    • Create a key functional road map that can help create discipline and rhythms.
    • Learning how to continually grow revenue year after year.
    • Ensuring the founder has a vision that can help to inspire others to think big.
    • 13 min
    • #077 Daisy Intelligence Founder & CEO Gary Saarenvirta: What is Explainable Decisions as a Service?

      There seems to be truly no limit to what artificial intelligence is capable of doing. One of the best examples of this is Canadian startup Daisy Intelligence, which works primarily with retailers and insurers to make automated decisions that don’t require having a human in the loop. It’s what founder and CEO Gary Saarenvirta likes to call “Explainable Decisions as a Service.”

      Gary joined startup coach Roland Siebelink on the newest episode of the Midstage Startup Momentum Podcast to share what “Explainable Decisions as a Service” means and why he doesn’t like the term artificial intelligence. He also talked about his journey to becoming a founder and Daisy’s progress thus far.

      • Why Daisy feels the need to explain its AI decisions to customers.
      • How to target multiple industries in the go-to-market.
      • What it’s like having a global go-to-market in a competitive space.
      • Why Daisy should have tried to become profitable sooner.
      • Why startups need the right product if they want to burn cash.
      • Navigating a product’s users being different from those choosing to buy it.
      • 27 min
      • #076 Resync Co-Founder & CEO Emir Nurov: Why Founders Should be Honey Badgers

        All over the planet, companies are trying to reduce their CO2 emissions, if not to help the planet, least to reduce their energy costs. Fortunately, there are startups like Resync that are serving enterprises as an energy management solution using AI. The Singapore-based startup has already made great progress and is now in the process of scaling and expanding to help move companies in different corners of the world to reduce their energy costs and carbon footprints at the same time.

        Resync co-founder and CEO Emir Nurov joined startup coach Roland Siebelink on this week’s episode of the Midstage Startup Momentum Podcast to talk about his startup’s purpose, approach, and success.

        • How Resync reached the point of relying mostly on inbound sales.
        • The approach Resync took in finding its first few partnerships.
        • Why Resync considers itself to be agnostic to different markets.
        • The importance of having a team that believes in the founder’s vision.
        • How Resync is able to operate with a limited sales and business development team.
        • The value of founders and startup employees having corporate experience.
        • 25 min
        • #075 Cogo EMEA CEO Emma Kisby: Put Purpose at the Heart of Business

          Solving the climate crisis is surely going to be a group effort that requires a majority of the people in the world. Fortunately, there is a tech company like Cogo that’s helping to lead the way. Cogo is helping individuals and businesses to better understand their carbon footprints and make choices to help reduce carbon emissions. They’ve started by partnering with big banks but have aspirations to do far more.

          Emma Kisby, the EMEA CEO of Cogo, joined startup coach Roland Siebelink on the latest episode of the Midstage Startup Momentum Podcast. She spoke about how Cogo turns complex data into something far easier for people to understand about their carbon footprint. She also talked about the history of Cogo, what makes this startup unique, and the future of Cogo.

          • How Cogo has created partnerships with big banks and created confidence in them.
          • How to take a proof of concept in one country and expand it to others.
          • How and why Cogo has defined its principles aimed toward growth.
          • The challenges that come with focusing on speed to market.
          • How a startup can hold true to its principles without losing its agility.
          • 29 min
          • #074 Ofload Founder & CEO Geoffroy Henry: Where is the Value in Strategic Partners

            Let’s face it, the world couldn’t function without trucks on the road carrying goods from place to place. Naturally, the world functions at its best when the freight on those trucks is managed efficiently. Fortunately, there is a logistics startup like Ofload that acts as a service provider and helps to coordinate freight to help trucking companies big and small be more efficient. While Ofload only operates in Australia right now, it has already achieved an impressive amount of traction and has big plans for the future.

            Ofload founder and CEO Geoffroy Henry joined startup coach Roland Siebelink on the latest episode of the Midstage Startup Momentum Podcast to talk about Ofload’s past, present, and future. They discussed the role Ofload plays in the supply chain, the success of the company thus far, and how Geoffroy is handling all of the challenges that come with being the founder and CEO of a tech startup.

            • How startups can find the right balance between profitability and growth.
            • How Ofload has built a team that’s fit for future growth.
            • The methods Geoffroy uses when hiring leaders at Ofload.
            • The difference between core jobs and growth jobs.
            • The purpose behind Ofload’s mix of traditional investors and strategic investors.
            • How Ofload benefits from having strategic investors at the cap table.
            • 25 min
            • #073 Cybersixgill CEO Sharon Wagner: Building a Channel-Driven Go-To Market

              Given the current climate in the world, cybersecurity is more important than ever. Learning about security threats and being able to remediate them is critical for all organizations. Needless to say, the sooner you know about security threats, the better. That’s Cybersixgill is changing the game for organizations throughout the private and public sectors. Cybersixgill has technology that collects real-time data related to security threats and turns it into actionable intelligence that can help security professionals remediate threats sooner.

              Cybersixgill CEO Sharon Wagner has already led one startup that was sold to Microsoft and he has Cybersixgill heading in a similar direction. Sharon joined the Midstage Startup Momentum Podcast this week to talk to startup coach Roland Siebelink about what Cybersixgill does and the startup’s journey thus far. He shared insight about what has worked for Cybersixgill and what other startup leaders can do to find similar success.

              • What it’s been like for Cybersixgill to address both the private and public sectors.
              • How to fine-tune the lead generation process.
              • The importance of diversifying lead sources.
              • How Cybersixgill has been able to use sales channels, digital marketing, and references at the same time.
              • The key to aligning direct sales and indirect sales with one another.
              • Defining product-market-fit and why it isn’t just about your company’s product.
              • 26 min
              • #072 What Changes to Make After Finding Product-Market Fit (Part 5)

                For all startups, finding product-market fit is far from the end of the journey. In fact, product-market fit is when things only start to get interesting. But after achieving product-market fit, there are several key changes that all startups must make to get to the next stage of development. If those changes are made effectively, a startup can go from product-market fit to product-market dominance.

                On this week’s episode of the Midstage Startup Momentum Podcast, startup coach Roland Siebelink reviews all of the necessary changes following product-market fit. Being proactive in making these changes once you’re sure you’ve found product-market fit is what will make your startup attractive to investors and put you on the road to finding product-market dominance.

                • Redefine your challenge to mastering distribution.
                • Conquer your market by being able to capture latent demand.
                • Design your product in a way that has automatic, no-brainer upgrades.
                • Ensure healthy margins but don’t yet optimize for profitability.
                • Use marketing effectively to drive down the sales payback time.
                • 7 min
                • #071 8fig Co-Founder & CEO Yaron Shapira: How to Raise Awareness with Product-Led Growth

                  It’s hard to deny that e-commerce has a bright future in this world. But how are small entrepreneurs supposed to succeed in this industry? Well, the answer could come from a startup called 8fig, which is using AI to help small e-commerce businesses replicate an executive team, helping them across several layers. In fact, 8fig got its name because it strives to help small e-commerce businesses grow to be eight-figure companies.

                  Yaron Shapira, the co-founder and CEO of 8fig, joined startup coach Roland Siebelink on the latest edition of the Midstage Startup Momentum Podcast. He shared the secret sauce that makes 8fig so helpful for small e-commerce entrepreneurs while also opening up about 8fig’s own journey as a tech startup.

                  • How 8fig’s AI is able to analyze every e-commerce business individually.
                  • Why 8fig’s product is designed in a way to ensure that customers don’t outgrow the platform.
                  • Insight about 8fig’s go-to-market approach as a product-led company.
                  • The challenge of raising awareness for a startup that’s focused on product-led growth.
                  • What it’s like being in the same space as massive corporations like Amazon and Shopify.
                  • How to compete with companies that are also collaborators in the same space.
                  • 25 min
                  • #070 Rezilion Co-Founder & CEO Liran Tancman: Don’t Take the Burn to the Next Milestone​​

                    Software security is more important than ever, and its importance for both software companies and their customers is only going to grow. In theory, that’s going to force developers to spend more time working on security. But that’s not the case with a startup like Rezilion. They are helping companies to deliver safe software while also reducing the amount of time being spent on security, freeing up developers to do what they do best.

                    Rezilion co-founder and CEO Liran Tancman joined startup coach Roland Siebelink on the newest episode of the Midstage Startup Momentum Podcast to talk about how Rezilion is changing software security. He also talked about all of his experiences as an entrepreneur from the perspective of someone who is now leading his second startup.

                    • The art of a startup finding its first 10 customers and developing a sales playbook.
                    • How Rezilion takes a different approach with companies of different sizes.
                    • The things that matter most when a startup is hiring its first few salespeople.
                    • How Rezilion determines if a salesperson is a good fit or not.
                    • Why it can be helpful to wait when it comes to scaling up the go-to-market.
                    • The internal roadblocks that startups face after their Series A.
                    • Why it’s important to be careful with the advice offered by investors.
                    • 27 min
                    • #069 What Changes to Make After Finding Product-Market Fit (Part 4)

                      The behavior and focus of a startup need to change in several ways after it reaches product-market fit. The use of marketing is one of the biggest challenges during this time. It’s critical that marketing be used effectively and in pursuit of the right goal following product-market fit. During this time, a startup’s marketing efforts should aim to reduce customer acquisition costs and payback time. This will help to speed up growth while ultimately creating more cash to re-invest in future sales and marketing efforts.

                      In the latest episode of the Midstage Startup Momentum Podcast, startup coach Roland Siebelink hosts a workshop on driving down payback time for customer acquisition. He explains how this can be accomplished by using the company’s marketing efforts the right way.

                      • Why you’re in a race for product-market dominance after finding product-market fit.
                      • Benchmarks for how quickly your flywheel should reduce payback for customer acquisition costs.
                      • How marketing can play a role in reducing customer acquisition costs and accelerating growth.
                      • Behavior from marketers you should be aware of when hiring in that department.
                      • Why it’s important to avoid using too many marketing tactics at the same time.
                      • 7 min

                      About Midstage Startup Momentum

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                      Roland Siebelink talks all things tech startup and bring you interviews with tech cofounders across the world.