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Madison Wickham

๐Ÿ‘ค Speaker
250 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

So that was kind of the rationale.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

And I mean, obviously, still, it's kind of downplaying how terrifying it is to quit a good job and jump into

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

uncertain, but, um, it was probably like, like minus the, the, the, the fear, it was like the most like liberating thing that I've ever done in my life.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

Sure.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

So the financing, uh, history of the company has been interesting for me in particular, because I don't have any prior to this.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

I don't have a background in finance, but I was a psychology major.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

And I think, uh, I think I got like a C in accounting.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

So I don't have any kind of strong foundation for finance, but I've had an extreme crash course on how business finance works in navigating everything we've had to navigate growing the company.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

So now I feel like I have a very, very strong understanding of all of the various aspects of financing and business.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

And it's funny because, you know,

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

since neither my partner or I had any prior real hardcore business experience, we were just kind of navigating the company based on what we thought made sense.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

And to us,

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

We didn't really understand.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

We had no familiarity with the concept of burning cash to grow a business like the whole Silicon Valley.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

We're going to go raise 10 million bucks and we don't know how we're going to make money, but we're going to grow our user base.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

and figure it out later.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

That was not something that we were really even familiar with.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

So we just always thought that businesses existed to make more money than they spent.

SaaS Interviews with CEOs, Startups, Founders
Frat Guy Takes 2K a Month Side Project to 10Mil a Year Media Company, EP 286: Madison Wickham

So that's how we ran the business.