Takeaway #1: Pivot or Die ☠️(11:15 mark)
If you’re familiar with the Boardroom, you know that we put a lot of focus on the founders of early-stage startups – and this interview will show why. Jeremy shares how his previous model wasn’t working so he had to find another way. He breaks down the convergence of struggles of the old model and how he was able to pull off a strategic merger with an AI company that helped them dial in to really solve real-world problems. This is a great example of a founder having his back against the wall and finding a way to push through. 💪
Takeaway #2: Win, Win, Win 🏆 (17:52 mark)
A major factor for any startup is… CLIENTS! This isn’t breaking news, but you’d be surprised how many startups get way too focused on tech, systems & whatever else you can think of that isn’t… SALES. When a startup can start to see revenue coming in, even recurring revenue like RAD is doing now – it gives them the ability to learn faster, pay the bills and extend their financial runway! RAD has had a strong number of clients with several more potentially onboarding in the coming weeks.
Takeaway #3: Exit strategy – IPO, Acquisition or Unicorn Status 🦄 (29:10 mark)
If you’ve ever invested in an early stage company, you’ve likely asked, “What’s their exit plan?” (AKA “How will I get my money back out?”) Jeremy breaks down the game plan for RAD, with the potential to take it public, over secondary options & even potential acquisition options from enterprise partners who are RAD clients. Hear the conviction in Jeremy’s voice that he and his team are focused on building something amazing to attract multiple suitors knocking on its front door🚪
One of the biggest reasons I like RAD right now is simply how fast they are growing. They went from basically $0 to a $2.2 million revenue run-rate & 310% annual revenue growth!!
The Boardroom has already made an investment in RAD, but I was shocked to hear how many other investors have piled into this company as well.
To date, RAD AI has raised over $1.9 million from well over 1500 investors (including “Big Dogs” like Fidelity and Expert Dojo). And there is still time for individual investors like you and me to invest in this Round, with a minimum investment of $250.
For complete details of this opportunity and how you too could become a shareholder, check it out HERE.
AND…stay tuned, as I will be sharing more of my favorite AHA moments from this interview over the next coming weeks.