Today was a decent little today. Started out with interviews for cold calling, got a plumber onboarded and continued the internal debate but talked about it externally with some wise people…my parents.
Im thankful to get the interviews done. They are a beating saying the same thing over and over. 13 interviews between yesterday and today. Luckily they are done. I decided to hire two people and they both start tomorrow. They have great attitudes and are eager to work. I don’t have any formal training setup and will probably learn some things from them tomorrow from their experience in calling people. We will see how it goes. Meeting setup for the morning and I’m going to wing it. I feel like this is how a lot of business goes in the beginning. With our other businesses it sure felt that way.
Got onboarded with my SEO company Authority Factors out of Canada. Scott is a nice guy and I really believe he knows what he is doing. During the meeting he asked if I setup all his access to the multitude of platforms that are being used (Google Search Console, Google Analytics, Bing Webmaster tools, WordPress, etc). Thats was a no. I totally bypassed the email. They use Slack for communication so I ended up making a Slack account. Its interesteing to see how each company uses different software for different things. We have just used Skype for years with out different businesses because its free. There’s probably more features to Slack but as someone who has never used it before, I don’t know.
So the VC talk. Look for angel funding or VC money has been on my mind for a long time. I thought about doing an accelerator but felt like Im in the wrong part of the country, I work weekends and have a family that needs me at home. We already have our product up and running so I feel like a little cash infusion could really help. If we can 10x our advertising budget we can get in front of a lot more people and fast. The killer is the dilution. I really wanted to stay bootstrapped but I did contingently arrange my wife and I’s ownership in the company to be able to withstand a 20% dilution and still retain majority control of the company. I talked with my parents who have always been calm, collected voices of reason. They thing it may be helpful to grow the company much faster and worth a dilution. Well, time to build a pitch deck and research companies that may be interested in our product. I just need to make sure I don’t pitch anyone that backs Thumbtack 😂
