Bouncing back from losing 70% revenue - Max Serrano, IGotAnOffer

Max Serrano is the founder of IGotAnOffer, a bootstrapped coaching platform focused on helping people get jobs and progress their career. Initially starting out in consulting, Max started IGotAnOffer on the side, creating digital products to help people land consulting jobs, but pivoted to coaching after they lost 70% of their revenue in the tech hiring freeze, having to lay off the majority of his staff. Now, with a profit first mentality, they are on a growth trajectory again. Timestamps00:00 - Intro03:16 - What indie hackers can learn from management consulting04:42 - The idea for IGotAnOffer06:23 - Slicing pie method of splitting equity07:39 - From side project to full time08:29 - Fixing a revenue plateau10:49 - Losing 70% of revenue12:46 - Getting back to profitiability13:49 - Pay yourself14:46 - Recommendations RecommendationsBook - Profit FirstPodcast - Startups for the Rest of UsIndie Hacker - Pete Codes My linksTwitterIndie Bites TwitterIndie Bites YouTubeJoin the membershipPersonal Website2 Hour Podcast CoursePodPanda (hire me to edit your podcast)This Indie Life Podcast Sponsor - EmailOctopus 🐙 EmailOctopus is an independently owned email marketing platform, built to support other small growing businesses. With a focus on affordability and ease of use, EmailOctopus contains all of the features you need to reach and grow your audience. You can start today, with their industry leading free plan where you can contact up to 2,500 subscribers without paying a penny.