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"My first business did over a million in revenue and I don't think I ever took home more than 3 grand a month."
Those are actual words from this week's guest, Jake Jorgovan, CEO of LeadCookie. We all push for revenue as our north star, but what good is revenue if you aren't actually making any money? Cash Flow is vitally important to running a healthy venture, and LeadCookie hit a point where 9 months in they had to layoff 6 people. As Jake admits, "It was largely due to me not knowing how to handle money in a growing business." That was the point when he decided to change things. Today LeadCookie is at it's most profitable point to date. As of when we recorded this episode, LeadCookie was at $60k MRR AND profitable. Get ready for a 200 level first-person lesson in how to build and manage your own financial dashboard.
Head to startuphypeman.com/articles/jake-jorgovan-podcast for a bonus blog post written by Jake where he breaks it down even further.
Hosted on Acast. See acast.com/privacy for more information.
5
8686 ratings
"My first business did over a million in revenue and I don't think I ever took home more than 3 grand a month."
Those are actual words from this week's guest, Jake Jorgovan, CEO of LeadCookie. We all push for revenue as our north star, but what good is revenue if you aren't actually making any money? Cash Flow is vitally important to running a healthy venture, and LeadCookie hit a point where 9 months in they had to layoff 6 people. As Jake admits, "It was largely due to me not knowing how to handle money in a growing business." That was the point when he decided to change things. Today LeadCookie is at it's most profitable point to date. As of when we recorded this episode, LeadCookie was at $60k MRR AND profitable. Get ready for a 200 level first-person lesson in how to build and manage your own financial dashboard.
Head to startuphypeman.com/articles/jake-jorgovan-podcast for a bonus blog post written by Jake where he breaks it down even further.
Hosted on Acast. See acast.com/privacy for more information.
43,329 Listeners