147. Why Most Bootstrapped Businesses Get Stuck (& How to Break Through) with Steve Hoffman

<p><span style="font-weight: 400;">If there’s a perfect time to start a business, it’s in this new normal when everyone’s set on an almost equal footing with everything else going digital.</span></p> <p> </p> <p><span style="font-weight: 400;">But how do you make sure that the business you’ll be building has got what it takes to reach the ultimate $10 million dollar goal?</span></p> <p> </p> <p><span style="font-weight: 400;">Today, I sat down with</span> <strong>Steve Hoffman, a.k.a Captain Hoff,</strong> <strong>CEO of Founders Space</strong><span style="font-weight: 400;">, a worldwide innovation hub for entrepreneurs, businesses, and investors with more than 50 partners in 22 countries.</span></p> <p> </p> <p><span style="font-weight: 400;">Be it growing a startup through bootstrapping or venture capital, you name it, Steve has done it. </span></p> <p> </p> <p><span style="font-weight: 400;">So hit the play button now to not miss this chance of learning from this Captain Hoff.</span></p> <p> </p> <p><strong>We’ll talk about:</strong></p> <ol> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Introduction</span> <strong>[00:00]</strong></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The role of ideas in starting a business in 2022</span> <strong>[03:45]</strong></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Need-to-haves vs. want-to-haves: Coming up with the perfect product</span> <strong>[10:06]</strong></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">How having the right team is the key to reaching the $10 million mark</span> <strong>[14:27]</strong></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Why you should set strict guidelines in doing business</span> <strong>[16:31]</strong></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The value of having returning customers</span> <strong>[21:54]</strong></li>