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Conor Moules

πŸ‘€ Speaker
843 total appearances

Appearances Over Time

Podcast Appearances

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

I think what we were trying to do is demonstrate that we want to be able to add value to your day to day.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And we need a little bit from you to be able to make sure that we're doing that correctly.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Because the last thing we want is like our own biases to be able to distract us from not hitting the mission in the way that we kind of needed to hit it for it to be successful.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

We were trying to build it for barbers and hair salons at the very start.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

I think like one thing that we've always been quite clever about, and it kind of goes off the back of this.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

um initial kind of piloting work is that we took design partners in each of the kind of sub verticals so we obviously had the barber shop glenn owned to be able to design on that that got us out traps then we got a hair salon then we got laser hair removal clinics then we got a design partner so we take them in and instead of just spending an hour with them we would sit down and we would look at their systems and we would almost design out the workflows with them

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

okay to be able to you'd mock it up really would you essentially yeah and you'd take them through and they would then agree to be your because sorry we skipped over probably the most important part when initially we were trying to get going like funding wasn't really happening

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

To put it mildly, the rejection was pretty heavy duty.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Yeah, definitely.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

I think people in Ireland kind of thought that this problem had been solved.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And two non-technical founders.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

I'm sure I was like a madman at this point as well, like trying to get money in the door.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

So I'm just... What were you trying to raise?

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Oh, I think we were trying to raise 250 grand at the start.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

To get the MVP built.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

To get the MVP built, yeah.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And so it wasn't going well in the traditional kind of fundraising circles.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And we went back to, because of the 173, there's probably 40 that we developed deep relationships with.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

We went back to those 40 and said, like, look, guys, we're really passionate about doing it.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

We really want to do it.