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How he bootstrapped Netcore to $100M ARR

How he bootstrapped Netcore to $100M ARR as a solo founder | Rajesh Jain - Netcore Cloud

In this podcast episode, our guest Rajesh Jain is a successful entrepreneur who bootstrapped Netcore to $100M ARR as a solo founder.

The company aims to improve customer engagement and interactions with brands to create a win-win situation for both brands and customers. Brands spend 90% of their budgets on new customer acquisition and only 10% on customer retention, engagement, and growth. Half of the money spent on acquisition is wasted due to reacquisition and wrong acquisition.

Brands could boost profitability by shifting their focus to existing customers and investing in loyalty programs, technology, and personalization. This would reduce churn, eliminate ad waste, and allow brands to invest in better products and innovation. Netcore hopes to eliminate 50% of ad waste and help transform brand P&Ls

Another topic Rajesh discusses is entrepreneurship. People tend to focus on the destination and not the journey regarding entrepreneurship. Entrepreneurship is not just about having a pot of gold at the end, it’s about going through the struggles and taking charge of your destiny. He believes that entrepreneurs can apply a problem-solving mindset to any discipline. However, Jain advises entrepreneurs not to get too emotionally attached to their businesses and to consider good acquisition offers. Knowing when to exit a business is as important as knowing when to enter one.

In conclusion, Rajesh Jain’s entrepreneurial journey highlights the importance of perseverance and willingness to take risks. Through his experiences, he has learned valuable lessons that he now shares with others.

Podcast Host & Guest(s)

Cristian Dina

Host

Cristian Dina

Managing Partner & SaaS Podcast Host @ Tekpon
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Managing Partner & SaaS Podcast Host @ Tekpon

As one of the founding members of Tekpon, Cristian has worn many hats within the company, but perhaps none shines brighter than his role as the charismatic host of the Tekpon SaaS Podcast. With over 200 SaaS industry leaders gracing his episodes, Cristian's insatiable curiosity ensures he always has one more question. Cristian is a community builder at heart, being the Bucharest city leader for SaaStock Local and the author of the best-selling book King of Networking.

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