Ep.357 ~ Bootstrapping Multiple Businesses to 7-Figures ~ Dave Williams
~ Current Series ~
100 Interviews with 100 Location Independent Entrepreneurs That Have Over $1,000,000 in Annual Revenue
Bootstrapping is quite common in today’s world. More and more we see entrepreneurs starting out with little money, just an idea, and a few years later they take that business to $1,000,000+. Today’s guest is Dave Williams and he is the founder of NomadX, a simple and easy solution for remote workers and entrepreneurs to find places to stay while traveling with like-minded people.
Dave has started and sold several multiple 7-figure companies over his entrepreneurial career. Today on the show, we get to chat with Dave about his experience, bootstrapping through the dot-com wave, how to navigate through economic cycles, focusing on a niche and the importance of speed in business.
04:25: Why Dave Has a Base in the South of Portugal?
07:25: Dave on The Camino de Santiago
10:25: Who is Dave Williams the Entrepreneur and What is NomadX?
19:05: The Value of Bootstrapping
23:30: The Importance of Picking a Niche and Speed in a Business
26:09: Recognizing When Your Focus is Too Broad
29:04: Tips for Entrepreneurs Spending Too Much Time ‘In’ the Business
31:55: Navigating Through Economic Cycles
38:15: 5-Figure vs. 6-Figure vs. 7-Figure Mentalities