How Mike McDerment turned Freshbooks from the basement into a 7 figure company

Co-founder and CEO of FreshBooks – Mike McDerment

Today’s guest joining us on the show is the founder of Freshbooks, which is the world’s #1 accounting software in cloud for self-employed professionals. Built in 2003, Mike spent 3.5 years growing FreshBooks from his parents’ basement.

Since then, over 10 million people have used FreshBooks to save time billing, and collect billions of dollars. Mike is also an author and wrote the book, “Breaking the Time Barrier,” which is a guide to using value-based pricing to unlock your true earning potential which has been downloaded more than 250k times.

Episode Highlights:

  • How Freshbooks evolved from little software company to a million-dollar company (pivotal moments of each phase)
  • How ‘letting go’ can be a huge turning point in your life!
  • The shocking truth about hiring your dream team
  • Why every problems a people problem, and every solutions a people solution.

Mike’s Website:

FreshBooks.com

Transcript: Download

Video Transcription provided by GMR Transcription Services.

 
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Hi I’m Jaime. Each and every week I bring you the top business advice from the people who know best.

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