How Tibo Louis-Lucas Bootstrapped to a $10 Million Exit

Founding Journey

Dec 12, 2024•1 hr 3 min

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Episode description

This is how Tibo Louis-Lucas built a new startup every month... until one took off and turned into a $10 million exit.

📚 1,800 Pitch Decks (Free) → https://deck-database.carrd.co

Follow Tibo's journey:
🐦 X → x.com/tibo_maker
🚀 Website → tmaker.io

Follow us:
🔔 Subscribe → youtube.com/@foundingjourney?sub_confirmation=1
📝 Newsletter → join.foundingjourney.com
📈 Founder Membership → upgrade.foundingjourney.com
💼 LinkedIn → linkedin.com/in/michael-houck

In this conversation we chat about:

Founder Mode

(00:00) — Intro
(01:24) — Being a venture-backed founder
(02:41) — Learnings from early business failures
(24:00) — Identifying scalable business opportunities
(33:20) — Goal of getting 5 companies to $100k MRR in 3 years
(41:35) — How to unlock different versions of yourself
(43:02) — Identifying opportunities while building multiple companies

Growth & Scaling

(05:14) — The advantage of quickly shipping
(08:36) — Pros and cons of building in public
(10:28) — Alternatives to building in public
(11:24) — The moats that exist today
(15:31) — Utilizing micro-influencers for growth
(37:56) — Keeping 2-person companies at scale
(39:18) — Working alongside a complementary co-founder

Product & Acquisition Strategy

(12:55) — Platform risk
(18:32) — How founders can learn to kill products
(20:35) — Outsourcing to external developers
(21:57) — Buying small products
(25:26) — Deciding how much to invest into micro-acquisitions
(27:47) — Buying & selling assets rather than companies
(30:42) — Buying a tool to compete with the newsletter giants
(36:46) — AI’s unique software enablement
(44:08) — Deciding when and how to sell your company
(48:10) — How to decide how and whom to sell your company to

Advice & Insights

(49:04) — Founder Tips for Negotiating Deals
(49:57) — Bootstrapping vs. raising VC
(52:08) — The future of SaaS
(55:58) — Taking a job after being a founder
(58:21) — Founders don’t know when they need to quit

Rapid Fire

(59:18) — Who is one investor you’d recommend?
(59:46) — One thing you'd change about startups?
(1:00:20) — Advice for first-time founders?
(1:00:51) — Something you believe that most disagree with?

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