The Unsexy Way To Make $35 Million

Share on Facebook1Share on LinkedIn42Share on StumbleUpon0Tweet about this on Twitter20Share on Google+8Share on Reddit0Share on TumblrPin on Pinterest0

In this episode we catch up with Chris Campbell, the co-founder of online form builder Wufoo which was acquired by Survey Monkey for $35 million. The startup launched back in 2006 with only $118,000 in angel money and they never needed to raise money again. It added payment processing options a couple years later, and now more than $100 million in transactions have been processed through its forms. In this interview Chris discusses his journey with Wufoo and what it taught him about being an entrepreneur.

“The best entrepreneurs are people who can solve small problems every day”

As a tech entrepreneur the common challenges were servers and hosting with a lot of hiccups early on. However, the general message from Chris is that when you start a business you’re never going to know everything. Therefore you’re likely to face challenges every single day.

We talk a little about why startups tend to fail (think making a product that nobody wants or needs) and what the un-sexy key to success is as opposed to how it’s portrayed in today’s media. The story of Wufoo shows us that sometimes the by product of hating your 9-5 and wanting to solve a real problem is a lot of money!

Interview quotes include:

“People who succeed are grinders”

“The only way to fail is to give up”

“Arguments will not make or break your company, but when you’re in the moment you think everything is so important”

“The most important thing to do is get started”

“I think you can read too much and then not do enough”

 

If you enjoyed this interview check out our chat with Denise who runs a Pilates business using Google Hangouts. If you’re not in a suitable place for audio then we’ve got a written interview with Steve Callanan the CEO and Co-Founder of WIREWAX, the first taggable video tool.

Share on Facebook1Share on LinkedIn42Share on StumbleUpon0Tweet about this on Twitter20Share on Google+8Share on Reddit0Share on TumblrPin on Pinterest0

Comments

comments

Trackbacks

Leave a Reply