• E3: Mike Salguero - Bootstrapping ButcherBox to $600M in ARR while working 4 days/week...

  • Apr 5 2024
  • Length: 1 hr and 25 mins
  • Podcast

E3: Mike Salguero - Bootstrapping ButcherBox to $600M in ARR while working 4 days/week... By cover art

E3: Mike Salguero - Bootstrapping ButcherBox to $600M in ARR while working 4 days/week...

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  • Summary

  • (0:00) Intro

    (3:45) Buying CustomMade - relaunching and making every mistake in the book

    (7:09) Raising VC for CustomMade and getting on the VC train

    (11:24) CustomMade failing

    (17:17) Starting ButcherBox as a hobby business while collecting unemployment

    (21:56) The 3 core decisions that led to ButcherBox success

    (28:06) Growth hacking to Go To Market success

    (36:47) Starting 3 businesses at the same time to land on ButcherBox

    (41:30) The psychological state that led to ButcherBox being launched

    (43:43) Spotting trends and getting ahead of the Covid curveball

    (48:10) How to finance inventory

    (55:20) Working 4 days a week and work life balance

    (1:03:57) How to work effectively, vivid visions, annual personal goal setting

    (1:07:39) Mentorship, coaching, enneagram personality test, peer groups, YPO

    (1:15:02) Long term ButcherBox plans
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