Use Sam's secret growth sauce: generate more traffic with HubSpot's Free Landing Page Builder https://clickhubspot.com/7z3

Episode 571: Sam Parr (  / thesamparr  ) talks to Jason Lemkin (  / jasonlk   ) talk about the 7 rules of building a $100M business.

—
Show Notes:
(0:00) Jason Lemkin’s first million
(4:19) Reverse engineering a 9figure exit
(5:32) Rule 1: New minimum is $400K per employee
(7:58) Rule 2: Go multiproduct
(9:40) Rule 3: Your second product must be bigger than your first product
(11:05) Cheat code: Double your prices
(13:48) Rule 4: 30% of your revenue is international
(15:43) Rule 5: Localize your product
(19:05) Cheat code: Remove friction
(22:42) Rule 6: 100% net revenue retention
(29:01) Business models that won’t get you there
(33:38) $100M conferences
(39:35) Rule 7: Don’t raise double digit millions


—
Links:
• Saastr https://www.saastr.com/
• HLTH https://www.hlth.com/

—
Check Out Sam's Stuff:
• Hampton https://www.joinhampton.com/
• Ideation Bootcamp https://www.ideationbootcamp.co/
• Copy That https://copythat.com
• Hampton Wealth Survey https://joinhampton.com/wealth

—
Check Out Shaan's Stuff:
Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd




My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano