EPISODE · Aug 8, 2023 · 45 MIN
From Millions in Debt to a $70M Company (My Turnaround Story)
from We Live to Build
How do you turn a startup that's millions of dollars in debt into a $70 million powerhouse? This is that story. From Millions in Debt to a $70M Company (My Turnaround Story). In this incredibly transparent interview, Influence Mobile CEO Daniel Todd shares the unfiltered story of how his company faced crippling debt, lawsuits, and being cut off by Facebook—and how one creative deal changed everything. This is a masterclass in resilience, creative problem-solving, and the power of persistence. You'll learn how he negotiated with angry creditors, the single pitch that convinced a major partner to prepay $500,000 a month to solve his cash flow crisis, and why he believes the most important thing you can do is hire for culture fit over skills to build a team with a near-zero attrition rate. Check out the company: https://www.influencemobile.comBook a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory👀 CONNECT WITH SEANSubscribe: https://www.youtube.com/@seanweisbrotLinkedIn: https://linkedin.com/in/seanweisbrotInquiries: [email protected]🕒 CHAPTERS00:00 - My Company Was Millions of Dollars in Debt05:48 - The Day Facebook Cut Us Off and Our Revenue Went to Zero11:23 - The "Sliding Doors" Moment That Saved My Business16:40 - My Wife & Investor Told Me to Quit (I Didn't Listen)19:33 - How We Overcame Controversy and a Multi-Million Dollar Lawsuit28:12 - How I Convinced a Partner to Prepay Me $500k/Month33:59 - The Power of Asking "Dumb" Questions in a Negotiation36:42 - The Secret to Our 100% Employee Retention Rate42:26 - My #1 Hiring Rule: Culture Fit Over Skills📈 WORK WITH ME▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate▶ My AI/Automation Agency: https://optimai.aiLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
From Millions in Debt to a $70M Company (My Turnaround Story)
No transcript for this episode yet
Similar Episodes
No similar episodes found.