"It shouldn't be this monumental effort to go measure the thing and see if the bet's working." Today, Johnny (@johnnypage13) and Matt (@mattverlaque) share stories of the bets they’ve made as young entrepreneurs and the key points to consider when making good bets in a company. They also discuss the importance of understanding the problem, measuring success metrics, evaluating the investment and timeline, and considering the opportunity cost.
You are now tuned into the SaaS Academy Podcast. Join Matt Verlaque and Johnny Page as they take you behind the scenes of what it takes to become a great SaaS Founder, addressing the challenges, victories, and essential lessons learned in the pursuit of growing a successful business!
Timestamps:
(1:43) - Johnny's first bet: the SilverTrac story
(4:09) - The importance of making good bets in business
(5:40) - The challenge of measuring progress
(10:19) - Key elements of making good bets
(14:27) - Common challenges in making good bets
(16:42) - The importance of writing down your bets
(27:46) - The role of growth in making bets
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