I’m looking forward to meeting the founder of FreshBooks Mike Mcderment next week at the Office 2.0 conference. I’ve spent a heap of time watching and talking to the founders and CEOs of other SaaS businesses generally and SaaS accounting businesses in particular so I’m really looking forward to getting a better understanding of the FreshBooks perspective on life.
This post by Mike gave me a bit of an insight into the person and the business. It’s a list of seven ways Mike almost kicked the chair out from under FreshBooks so far in their journey. It tells of his appreciation for the people he’s put around him, and gives some excellent lessons for new businesses.
The entire post is worth reading but the key points are,
1. Thinking we had to move faster than we did
2. Placing my faith in a spreadsheet
3. Thinking we had to spend more than we did
4. Placing my faith in consultants
5. Underestimating word of mouth
6. Believing we could not get this far without doing “x”
7. Doubting ourselves too much
Thanks Mike for you honest and insightful post.