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Matt Prados

๐Ÿ‘ค Speaker
294 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

So I'm, I look at things, what's the simplest thing?

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

Like I have shares, you're going to buy them.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

I'm going to take the money.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

And that was just kind of the thing.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

Nobody brought it up.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

So is it, is there some tax advantage to that strategy?

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

Yeah.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

So I tried to start looking at like, how do I do all this tax planning stuff?

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

And what I found is it consumed more of my head and time where I couldn't run the business the way I wanted.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

And finally, I was just like, screw it.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

I'll just pay the taxes because I'm going to grow the business so much bigger, faster that it's just not worth screwing around.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

Uh, you know, business, marriage, whatever, there's going to be ups, there's going to be downs and you got to be able to, you know, take the good with the bad.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

You got to keep pushing through, um, and, uh, you know, admire when things don't go your way and figure out how to make them go your way.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

technically it's in my name, but in California and marriage, all that, like it's, it's very, very cool.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

Uh, neither of us are doctors.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

I walked out of college after six weeks, never went back.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

She never even went to college.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

Uh, we have no degrees.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

Uh, we have no, you know, reason to be in the position we were in and we just did it because I don't give a fuck about the rules.

SaaS Interviews with CEOs, Startups, Founders
$100m Deck Builder: Bootstrapped to $100M Valuation

Yeah.