Michael Martocci

5 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Mar 11, 2022 by Michael Martocci · across every show →

On the record as a speaker too: Michael Martocci's record, appearances and statements → this page counts the times other people say the name.

Everything said about Michael Martocci, oldest first

Mar 11, 2022
Assertion Not checkable as stated
Martocci: SwagUp generated millions using hacky, free no-code tools like Zapier.
“There's free tools to make, you know, sites and use Zapier to connect them and all this stuff, and a lot of the initial Swag up site that did millions of dollars was all just hacky, bootstrappy, free stuff.”
Michael Martocci Mar 11, 2022 ▶ 9:21 Bootstrapping An Eight-Figure Business | Michael Martocci, SwagUp
Mar 11, 2022 negative
Insight
Martocci: Reactive employee 'passengers' destroy leadership leverage at early-stage startups.
“Like, the worst thing you can have at startups is reactive, like, we call them, like, passengers, because they don't get anything done, and you don't really get leverage as a leader, because you have to keep prodding them to do things, so.”
Michael Martocci Mar 11, 2022 ▶ 47:22 Bootstrapping An Eight-Figure Business | Michael Martocci, SwagUp
Mar 11, 2022 positive
Opinion
Martocci: Private equity is superior to VC because operational scaling is repeatable.
“And that's why I'm a big fan of, like, private equity versus venture capital because I think it's much more interesting to take businesses that are bad at the operations and that part and help them scale that because that part's repeatable versus the creative …”
Michael Martocci Mar 11, 2022 ▶ 43:43 Bootstrapping An Eight-Figure Business | Michael Martocci, SwagUp
Mar 11, 2022 positive
Insight
Martocci: Starting zero-to-one projects is the strongest indicator of candidate curiosity.
“Like, do they have a podcast? Do they have a blog? Do they, Have a book club? Like, just have they done something from zero to one and started it for no reason other than they just wanted to, you know? That, that's like the biggest telltale sign.”
Michael Martocci Mar 11, 2022 ▶ 46:43 Bootstrapping An Eight-Figure Business | Michael Martocci, SwagUp
Mar 11, 2022 positive
Insight
Martocci: Founders can stack local bank credit lines to secure cheap debt.
“Local banks you can actually go to, and they'll have You know, very loose, easy terms for small amounts, like 50,000, a 100,000, a 150,000, and there'll be maybe no personal guarantee, they won't want the first position on the debt, and you can stack them, you…”
Michael Martocci Mar 11, 2022 ▶ 26:09 Bootstrapping An Eight-Figure Business | Michael Martocci, SwagUp
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