"Find senior people who have financial stability and are willing to take risks because they want a career and lifestyle change."

Melissa Kwan, Cofounder and CEO of eWebinar, ProfitLed Podcast

Building a Founding Team with Limited Resources

Resources mentioned on this episode

About this episode

Contrary to popular belief, you don't need to have a cofounder to start a company. But, that may work for or against you if you're a business cofounder, depending on whether or not you have the technical chops (or lead on your side) to manage a development team.

After two previous startups, Melissa was sick of doing a poor job managing engineers and thought she could start eWebinar by hiring a dev shop to build their v1 before outsourcing to a team in Vietnam.

That experience was a disaster, but it led her to her now cofounder and CTO, David, who's also her life partner.

Melissa shares her perspective on what a great founding team looks like and how to go about convincing people to join you before there's even a product.

About ProfitLed

On Season Two of ProfitLed, Melissa (CEO and Cofounder of eWebinar) and Todd (COO) goes in-depth on one topic per episode on their "Journey to $1M" at eWebinar.

They share war stories, mistakes, and lessons learned as they grew the company to a million in ARR over 36 months. Their goal is to demystify bootstrapping by sharing their experience of it, and tell you what it's really like to figure things out as you go.

ProfitLed is a podcast by and for founders brave (and crazy) enough to grow their startups to profitability without venture capital.

Learn more about the ProfitLed Podcast and tweet us at @profitledfm.

Learn more about eWebinar.

Next episode

S2E5
S2E5: Recruiting a Top 1% Cofounder and CTO
Recruiting a Top 1% Cofounder and CTO

"You need so much more than equity to get the best CTOs excited and bring them on board."

Melissa Kwan
Melissa Kwan
Cofounder and CEO