Follow Amanda: https://x.com/amandaorson
Get your LLC: https://doola.com/exerton/
About Amanda:
Amanda is the Founder & CEO of Galleon, where they are reinventing the For Sale By Owner category.
She was the CEO of Curve US, leading its US expansions and crypto rewards product. Prior to that she owner-operated a micro PE firm for 6 years, built media buying agencies both in-house and on my own, co-founded a SaaS product (Vincere), advised Gauss Ventures, and is a small-time angel investor (check size to 50k).
How Are Monopolies Built?
+ the company, the team, everything!
(00:00) Intro + doola.com/exerton
(01:45) Who is @amandaorson?!
(02:42) Solving legacy industries!
(05:05) Why are some industries stuck?
(08:13) How can startups build a monopolistic distribution?
(10:25) How to deal with nuanced problems which come up as you scale?
(12:15) Getting the right people on to build a monopolistic distribution
(14:21) Build a community first or the product first?
(15:58) The best way to solve a problem vs the alright way to solve a problem
(19:23) How to build the perfect team to create a monopoly? (thoughts @chrishlad?)
(21:35) Why do early team members join a team?
(24:21) Hiring people from big companies or on individual experience?
(26:41) If the compensation is higher, is the performance better too?
(28:17) Should startups hire people just starting out?
(29:51) How should startups deal with ESOPs distribution?
(30:57) Do early stage team members care about ESOPs?
(33:00) Being a missionary vs mercenary!
(34:41) Can you make someone go from mercenary to missionary?
(38:00) How to build a great culture as a remote company?
(40:00) What does company culture really mean?!
(45:48) The one question I like to end with!
Enjoy!
