Building 3 Companies, Raising Millions & Liver King w/ Josh Foreman | The MVP Podcast EP. 3

In this episode of The MVP Podcast, Josh Foreman of Indebted talks about how he built 3 companies, raised hundreds of millions of dollars & is interested in funnel hacking the Liver Kings business.

With his co-host, Farouk Ismail of Paylater Travel, Bishara delves into Josh's business history and what it takes to build a gigantic VC backed company worth more than a quarter billion dollars.

00:00:00 Video Intro
00:00:35 Josh Foreman Intro
00:02:17 Starting The Business As A Vc-Backed Business
00:02:59 Josh’s Company Before Indebted
00:04:26 Josh’s Job Before Starting A Business
00:05:00 Choosing The Product/Service Focus Based On Seo And Advertising
00:06:11 Josh’s Acquisition Strategy When He Started
00:07:29 The Process Of Getting The First Customer To Striking The Business Acquisition Deal
00:11:18 Learning Through The Data
00:13:22 The Advantage Of Being A Software Developer In Growing The Business And Learning It Through Self-Study
00:16:34 How Long It Took Between The First Business Being Sold To The Second One
00:19:22 Say Yes, And Just Work It Out
00:22:24 The Process Of Forming Indebted That Led To Where It Is Now
00:28:02 The Founder’s Job Is Strategy, Capital, And Talent
00:29:29 Bootstrap Business Or Vc-Backed
00:32:25 The Challenges Of Running A Super Fast-Growing Business
00:36:07 How To Go About Valuing The Business
00:39:12 Foreseeing The Next 6-12 Months For The Business In The Current Economic Condition
00:41:36 Talking About Private Equity Firms
00:44:06 The Importance Of Getting People On Board With Equity And How To Do It
00:49:42 The Ripple Effect Of Running A Business And Impacting Your Team’s Lives
00:54:05 Indebted As The Top 6 Company In Afr Fast 100 List
00:57:31 Indebted As The Best Workplace In Australia
01:01:27 Doing A 4-Day Workweek But Not Working Less
01:04:48 Why Have A Good Number Of Data-Related Roles
01:09:08 Machine Learning Model Used In The Business And The Result
01:10:44 Just Go, Get Stuff Done, Then Adjust
01:12:03 Recognizing Between Type A And Type B Of Decision-Making
01:17:15 Expanding From Australia To The Us
01:23:51 The Impact Of A Face-To-Face Workplace, Especially With Sales-Related Roles
01:26:26 Recommended Books By Josh
01:29:06 Josh’s Interest In Biohacking
01:34:50 Being Creative And Building A Business

You can also catch this chat on Spotify here: https://open.spotify.com/episode/1Zw982CYbSpSgM0A25IlPk?si=a31d00a3bc7144a6

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⏰ Video Duration: 1:39:03
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