1029: Build a Sustainable B2B SaaS Companies from Startup to Scale with Serial Entrepreneur Jonah Midanik
Have you ever dreamed of not only starting a B2B SaaS company but building one that lasts and makes a lasting impact in the market? Imagine the satisfaction of seeing your venture not just survive, but thrive in the ever-changing business world. But first, it's important to understand that it's the core aspects that matter. It goes beyond the usual startup hype, diving into the essence of what makes a B2B SaaS company sustainable.
Listen to this episode with Jonah Midanik, Partner & COO of Forum Ventures, as he talks about how to build successful B2B SaaS companies. Jonah shares his experiences and insights, providing valuable lessons on evaluating startup founders, entrepreneurship, and problem-solving. Learn about the importance of storytelling in pitches, challenges faced by SaaS startups, and the role of networking in finding investors and mentors for company growth.
Quotes
“You don't have to do everything by yourself. No one is good at all the things required to build a business. So, finding help is probably the most important part of your job.” – Jonah Midanik
“Don't just mechanically follow pitch deck templates. Sure, there are great resources available, like pitch decks on our website. But if you simply copy what others have done, that's not your unique story. That's their story.” – Jonah Midanik
“A story always needs a few key elements. And you've already nailed it. What's the emotional core? Why you? Why this? Why now? What's the story that people will truly connect with?” – Jonah Midanik
Takeaways
00:49 Finding incredible founders with a real problem to solve is the top priority for investors when evaluating startups.
04:21 Even with a great story and market opportunity, if the customer experience is not amazing, customers won't stick around.
12:39 Authentic storytelling that connects emotionally is more important than mechanically following pitch deck templates.
15:03 The rise of AI has the potential to dramatically change the business landscape by automating repetitive, mechanical tasks.
19:49 Don't dismiss questions or feedback, even if they seem silly at first - there is often valuable insight to be gained.
Resources
Podcast: Play in new window | Download (Duration: 22:04 — 30.5MB) | Embed
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