Blitzscaling vs. Bootstrapping: How to choose your founder journey - Casper Rasmussen, Monta

Unicorn Bakery - For Startup Founders

Monta has raised more than 120 million euros for its software platform for electric vehicles to improve the accessibility of charging infrastructure.

Within 3 years, Monta has scaled to around 300 employees, is currently hiring 10-20 employees per month and is multiplying revenue annually.

Previously, Monta founder Casper Rasmussen built 500+ mobile apps with his agency and bootstrapped the agency to 20 million in revenue.

We talk about the differences between bootstrapping as an agency and the blitzscaling approach that Monta is currently taking.

Casper has also made a role change from CTO to CEO - what has been particularly challenging for him in this role? He also gives you an all-round view on validating ideas quickly and avoiding tropical mistakes: what are the biggest challenges early stage founders face? Spoiler: Burnout and negative stress are only part of the picture.

What you will learn:

• What are the major differences between founding a bootstrapped case and a venture-backed company?

• What mistakes can you make in hiring and how do you avoid them?

• How can you tell whether a business idea and a decision are good enough or not?

• What challenges await you when you switch from a specific role (in this case that of technical leader) to a generalized role (in this case CEO)?

• How can you prevent stress and burnout and how can you prevent your startup from undermining your private life?

EVERYTHING ABOUT UNICORN BAKERY:

https://zez.am/unicornbakery

Casper Rasmussen

LinkedIn: https://www.linkedin.com/in/casper-h-rasmussen-63b13922/

Monta: https://monta.com/

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Marker:

(00:00:00) What are the main differences between building a bootstrapped case like the agency and a venture case like Monta?

(00:02:24) How does the venture case challenge your growth - is it less focused than in the bootstrapping-experience?

(00:04:32) Your most important learnings and mistakes in Hiring and Onboarding?

(00:07:48) How do you evaluate if you bring in someone from the outside or promote from inside your own team?

(00:09:40) What makes a decision good enough to take it?

(00:11:21) How do you evaluate your ideas?

(00:15:02) What are the biggest mistakes for early stage founders?

(00:23:54) What are the hardest parts of switching roles from "only" being a CTO to CEO?

(00:28:45) Would you say your personal life suffers from being a founder?

(00:34:03) Who would you recommend becoming an entrepreneur and raising venture money?

(00:40:58) Your tips for early stage founders that are struggling?