"The $1.2 million mistake that taught me everything"

Dominic Sutton is an Auckland-based entrepreneur and investor with over two decades experience in the New Zealand advertising industry founding Pumpt advertising. He is now CEO and co-founder of StockTrim, a SaaS (software as a service) platform that helps product-based businesses forecast inventory more accurately.

00:00 – Intro

00:21 - how dominic built a $10m agency and bounced back from a $1.2m mistake

03:40 – biggest business mistake that cost me $1.2 million

04:04 – how i survived losing millions in business

05:15 – what i’d do differently if i started again

07:04  – the most common mistakes business owners make

09:00 – should you start a business at 28 or wait until you're older?

10:00 – how to grow a business from 0 to $10 million

12:01 – how to hire a general manager (and not lose your company)

19:30 – black hole days: surviving the early stages of business

23:00 – how to keep going when you want to quit

24:00 – why we avoid hard tasks (and how to fix it)

28:00 – best types of businesses to start in new zealand

29:30 – what stocktrim does and who it's for

33:35 – building and scaling a SaaS business from scratch

37:00 – how to pitch to angel investors and raise capital

40:35 – how much funding should you raise?

45:30 – my biggest advice for new entrepreneurs

Follow Dominic

https://www.stocktrim.com/

Follow Me

Instagram https://www.instagram.com/notesfromtheexecutivepodcast/

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