GrabCAD story and lessons learned
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Hardi Meybaum shares critical lessons learned from his entrepreneurial journey between 2009 and 2014. Key insights include the importance of talking to customers, quickly launching MVPs, and raising money strategically. He emphasizes the significance of celebrating victories, maintaining a supportive personal life, and leading through inspiration and teamwork.
GrabCAD story and lessons learned
- 3. 2009
- 4. 2014
- 5. Lesson learned #1: talk to customers (not investors)
- 6. Lesson learned #2: don’t give up after first failure
- 8. Lesson learned #3: celebrate victories - earned $25, celebration dinner $60
- 9. Quit a day job and go all-in (week before the birth of 1st child) Lesson learned #4: have a very very understanding spouse
- 10. Raised first seed money Lesson learned #5: raising the money from Europe is painful
- 11. today: 2M+ registered users Community
- 12. Lesson learned #6: launch MVP quickly
- 13. Lesson learned #1: talk to customers
- 14. Lesson learned #7: everything is not like it appears Lesson learned #8: you are in or out, no middle choice booked this room for 3 months but ended up here Lesson learned #9: go where your customers are
- 15. Lesson learned #10: learn from great mentors
- 16. 0" 10000" 20000" 30000" 40000" 50000" 60000" 70000" 80000" Jun" Jul" Aug" Sept" Oct" Nov" Dec" Jan" Feb" Mar" Apr" May" Jun" Jul" Aug" Sept" Oct" Nov" Dec" Users" Lesson learned #11: always be experimenting started A/B testing # of users
- 17. 17M 20+ investors Lesson learned #12: raise money when you can, not when you need Lesson learned #13: raise money from people who want you to succeed and can help you
- 18. “This is crazy, I talk more on GrabCAD than in real life” Lesson learned #14: love your customers
- 19. Lesson learned #1: talk to customers
- 21. Workbench
- 23. hammerhead.io
- 24. “we love GrabCAD so much that we never want to leave” Lesson learned #15: customers always comes first
- 25. Lesson learned #16: Team comes second, but is incredible important
- 26. Lesson learned #17: find people you enjoy working with
- 27. Lesson learned #18: hire more experienced and smarter people than you
- 28. Lesson learned #19: find people who inspire you at difficult times
- 29. Lesson learned #20: lead through inspiration, discipline and achievement
- 30. “have fun and enjoy the journey”