• The Breakout Growth Podcast

  • By: Sean Ellis
  • Podcast

The Breakout Growth Podcast

By: Sean Ellis
  • Summary

  • Sean Ellis and Ethan Garr interview CEOs and product, growth and marketing leaders from the world's fastest-growing companies so that you can learn from them how to take your growth to the next level. Sean and Ethan draw on decades of experience growing breakout success companies and products including Dropbox, Robokiller, LogMeIn, Eventbrite, Lookout and Uproar to ask the right questions.

    seanellis.substack.com
    Sean Ellis
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Episodes
  • Sequoia’s Insights to Finding Product/Market Fit with Vickie Peng
    Oct 10 2024
    Listen now on Apple, Spotify and YouTubeEpisode Overview:In this episode of The Breakout Growth Podcast, hosts Sean Ellis and Ethan Garr sit down with Vickie Peng, a partner at Sequoia Capital and former product leader at Instagram and Polyvore. Vickie shares her journey from leading product growth to the world of venture capital and offers a deeper look into how Sequoia identifies and supports early-stage startups on their path to product/market fit (PMF).Through her experiences, Vickie outlines the critical factors that lead to sustainable growth, including why “conviction” is a key component in building for success, and why laser focus on customer happiness is important for startups navigating their way to PMF.What You’ll Learn:* Sequoia’s ARC Program: How Sequoia Capital supports pre-PMF companies and why it matters in accelerating growth.* Framework for Conviction: Vickie’s four areas of conviction—problem space, customer needs, product value, and growth potential—and why mastering these is critical before scaling.* The Role of Cross-Functional Teams: How Sequoia's EPD (Engineering, Product, Design) team works with startups to align strategy and execution and builds products for their investors, founders, and members of their ecosystem (such as their Scouts and Builder network).* Retention vs. Growth: Key insights from Vickie’s time at Instagram, where she managed SMB ad products, and how retention often serves as the foundation for sustainable growth.* The Importance of the Right Metric: How finding your North Star Metric can help maintain focus on customer happiness and long-term success.Key Takeaways:* "Growth only comes after you nail the product and the customer experience." — Vickie Peng* "Conviction is about understanding the customer's pain and knowing exactly why your solution matters." — Vickie Peng* "You need a North Star Metric that helps you measure customer happiness, not just growth." — Vickie PengTimestamps:* [00:00] – Intro: Sean Ellis and Ethan Garr introduce Vickie Peng and her views on product/market fit.* [05:30] – Vickie’s journey from product leader to VC and how that shapes her view on PMF.* [10:50] – Sequoia’s ARC Program: How Sequoia supports early-stage startups pre-product/market fit.* [20:00] – The four areas of conviction: Understanding the customer and problem space before scaling.* [28:10] – Lessons from Instagram: Retention, growth, and the delicate balance between the two.* [37:30] – Finding the right North Star Metric and why customer success should be your focus early on.Why Listen:Startup founders, growth leaders, and anyone looking to better understand the road to product/market fit will benefit from this conversation. Vickie Peng offers insights from both her time leading product at Instagram and Polyvore, as well as in her current role as a VC at Sequoia Capital. Whether you’re pre-PMF or scaling your business, the frameworks and principles shared in this episode will help you sharpen your strategy and avoid common pitfalls.Links & Resources:* Sequoia Capital – Learn more about Sequoia’s ARC program* Follow Vickie Peng on LinkedIn – Connect here* Subscribe to The Breakout Growth Podcast – Subscribe hereJoin the Conversation:If you enjoyed this episode, share your thoughts on social media and tag us! Don’t forget to subscribe and leave a review—it helps more people find the show. Get full access to Sean’s Substack at seanellis.substack.com/subscribe
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    1 hr and 4 mins
  • How to Find Product/Market Fit: A VC’s Take
    Sep 24 2024

    Listen now on Apple, Spotify and YouTube

    Episode Overview:

    In this episode of The Breakout Growth Podcast, Sean Ellis and Ethan Garr engage with Pablo Srugo, a Partner at Mistral VC and Host of The Product Market Fit Show Podcast. Pablo delves into the essentials of finding and leveraging product/market fit from a venture capitalist's perspective, sharing unique insights shaped by his dual role as a VC and podcast host.

    What You’ll Learn:

    * Venture Insights: Pablo shares why he started his podcast and how it serves as a strategic tool for content marketing and enhancing deal flow.

    * Deep Dive into Product/Market Fit: Discover the nuances and strategies for achieving and maintaining product/market fit, as Pablo explains through vivid examples from his interactions with successful founders.

    * Engagement with Startups: Learn about the criteria and metrics Pablo considers when engaging with early-stage startups and how these factors influence his investment decisions.

    * Sustainable Growth: Discussion on how sustainable growth is driven by a deep understanding of product/market fit and the importance of continuously adapting to market needs.

    Key Takeaways:

    * "Product/market fit is not a one-time achievement but a continuous pursuit." — Pablo Srugo

    * "Understanding and adapting to your customer's needs is crucial for long-term success." — Sean Ellis

    Timestamps:

    * [00:00] - Introduction: Sean and Ethan welcome Pablo Srugo.

    * [03:15] - Why Pablo started a podcast and its impact on his VC activities.

    * [10:30] - Strategies for identifying and investing in startups with potential for product/market fit.

    * [22:45] - Examples of successful product/market fit strategies from Pablo’s podcast interviews.

    * [35:00] - How product/market fit drives sustainable growth.

    * [47:50] - Q&A with Pablo: Insights into common pitfalls and success stories in venture capital.

    Why Listen:

    This episode is a goldmine for entrepreneurs, startup enthusiasts, and anyone interested in the intersections of venture capital and startup growth strategies. Pablo’s experiences and insights offer a rare glimpse into the mind of a VC who actively shapes the growth trajectories of innovative startups.

    Links & Resources:

    * Follow Pablo on LinkedIn here

    * Subscribe to The Product Market Fit Show Podcast here

    * Subscribe to The Breakout Growth Podcast here

    Join the Conversation:

    If you enjoyed this episode, share your thoughts on social media and tag us! Don’t forget to subscribe and leave a review—it helps more people find the show.



    Get full access to Sean’s Substack at seanellis.substack.com/subscribe
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    59 mins
  • From Bootstrapping to AI-Powered Research: The GWI Growth Journey
    Sep 12 2024

    Listen now on Apple, Spotify and YouTube

    Episode Overview:

    In this episode of The Breakout Growth Podcast, Sean Ellis and Ethan Garr sit down with Tom Smith, CEO and Founder of GWI, a London-based consumer research software company. Tom shares the 15-year journey of GWI, from its bootstrapped beginnings to its current position as a global leader in consumer insights. The conversation explores how GWI has scaled by leveraging technology, particularly the recent integration of AI, to make consumer data more accessible and actionable for companies worldwide.

    What You’ll Learn:

    * From Bootstrapping to Scale: Discover how GWI transitioned from a scrappy startup to a 600-person global company by evolving its product and staying ahead of market trends.

    * The Power of AI: Learn why Tom believes AI is the most exciting development in market research in the last decade and how GWI is integrating AI to democratize access to consumer insights.

    * Customer Insights at Scale: How GWI helps organizations, from TikTok to Chelsea FC, make data-driven decisions using a vast dataset of over 20 million consumers across 55 countries.

    * Navigating the SaaS Transition: Hear about the pivotal moment when GWI transitioned from selling research services to building a SaaS platform and the impact it had on the company's growth.

    * Building for the Future: The challenges and opportunities of integrating AI into GWI's product and how it aligns with their long-term mission to make consumer insights accessible to all professionals, not just researchers.

    Key Takeaways:

    * "AI is the most exciting thing that's happened to market research. It’s going to transform how people access and use data." — Tom Smith

    * "Our success came when we focused not just on selling data, but on making that data useful and easy to access for everyone, not just researchers." — Tom Smith

    Timestamps:

    * [00:00] – Introduction: Sean and Ethan kick off the conversation with Tom Smith.

    * [04:00] – Tom shares GWI’s backstory and early struggles bootstrapping during the 2009 financial crisis.

    * [09:00] – The turning point: GWI’s transition to a SaaS model and how it changed their business trajectory.

    * [15:00] – Real-world examples: How companies like TikTok and Chelsea FC use GWI data to drive decision-making.

    * [20:00] – AI integration: How GWI is using AI to simplify consumer research and enhance user experience.

    * [29:00] – The challenges of scaling a 600-person company and staying agile in the face of rapid technological change.

    * [40:00] – Reflections on growth: Tom discusses the power of subscription-based growth and how his understanding of growth has evolved over time.

    Why Listen:

    If you’re curious about how AI is reshaping industries, particularly market research, or want to hear the story of a company that bootstrapped its way to international success, this episode is for you. Tom Smith’s journey with GWI offers valuable lessons for both startup founders and established businesses looking to scale.

    Links & Resources:

    * GWI Website: Visit here

    * Follow Tom Smith on LinkedIn: Connect here

    * Subscribe to The Breakout Growth Podcast: Subscribe here

    Join the Conversation:

    If you enjoyed this episode, share your thoughts on social media and tag us! Don’t forget to subscribe and leave a review—it helps more people find the show.



    Get full access to Sean’s Substack at seanellis.substack.com/subscribe
    Show more Show less
    56 mins

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