In episode 3 of Built By Margin, Laurie Chen interviews Alexander Mair, Founder and CEO at Fabricant Ops, as he discusses the common challenges startups face and the importance of templatizing solutions to alleviate pain points for future leaders.
Tune in to hear valuable insights on entrepreneurship and financial lessons learned along the way.
TIMESTAMPS
[00:02:43] Revenue operations challenges explained.
[00:05:58] Bootstrap funding decision.
[00:08:19] LLC benefits for entrepreneurs.
[00:12:40] Evolving pricing strategies for startups.
[00:18:22] Evolving definition of success.
[00:20:35] Financial mistakes as a new entrepreneur.
[00:26:28] Revenue operations transition effectiveness.
[00:28:11] French influence in branding.
QUOTES
- "I do recommend that most business owners start out with an S-Corp as soon as possible. As soon as they're making revenue, making bank, it's definitely gonna help you save on your self-employment taxes." - Laurie Chen
- "One of the core beliefs that I have about fractional employees... is that they also take the mental load of those things that you just don't know how to do." - Alexander Mair
- " My hope is that any business that takes over a revenue operations department built by Fabricant will have a very quick transition period and will allow RevOps leaders to more quickly and effectively transition from remediation to acceleration. If we do that, that's a pretty good outcome." - Alexander Mair
SOCIAL MEDIA LINKS
Laurie Chen
Instagram: https://www.instagram.com/lauriechencpamba/
Facebook:https://www.facebook.com/lauriechencpamba
LinkedIn: https://www.linkedin.com/in/lauriechen/
Alexander Mair
LinkedIn: https://www.linkedin.com/in/alexanderpmair/
WEBSITES
Built By Margin: https://www.builtbymargin.com/
Advanced CFO: https://www.advancedcfo.co/
Fabricant Ops: https://www.fabricantgtm.com/
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