Jamie Akhtar
15 statements across 2 episodes · 8 bullish · 2 bearish · 1 people on the record · first statement Nov 13, 2022 by Jamie Akhtar · across every show →
On the record as a speaker too: Jamie Akhtar's record, appearances and statements → this page counts the times other people say the name.
Everything said about Jamie Akhtar, oldest first
Nov 13, 2022 bullish
Nov 13, 2022 neutral
CyberSmart had no product or customers during its first year
“In the first year of the company, or one thing you'll, you would have noticed, and you can just see it, is the first year of the company is not even on that chart. Because we didn't have our product or any customers. We spent the first year, like, figuring out…”
Nov 13, 2022
Akhtar: Startup failure due to the wrong team is the founder's fault
“Because if you're a founder, not having the right team is a hundred percent your fault. Like, you are, you gotta hire the right people. You gotta lead them. And so, not the right team is a bit of a weak excuse for you failing in my opinion.”
Nov 13, 2022 bullish
Nov 13, 2022 positive
Akhtar: Startups with solid unit economics should grow during a recession
“I think if you're nailing these three things, then you can keep growing sustainably. So the first thing is having the right people. We've got the right people around you. You're not over headcount, and you're cool. Having solid unit economics. If you don't hav…”
Nov 13, 2022
Nov 13, 2022 bullish
Nov 13, 2022 positive
Akhtar: Build a minimum sellable product instead of a standard MVP
“An MSP is like a better version of an MVP, a minimum sellable product, so like instead of trying to build something that does technically what you want it to achieve, try and build the first thing that you can get in the hands of a customer, and start charging…”
Nov 13, 2022 positive
Nov 13, 2022 negative
Akhtar: Early pandemic triggered communication breakdowns and sales slowdown at CyberSmart
“So for us that, that meant, like, it was such a bad time because, like, our team were all in the office and they were working from home, so all the communication broke down, our customers were like, we, Like, the deal times went up, and like, our churn rate, w…”
Nov 13, 2022 positive
Dec 7, 2023
Dec 7, 2023 bearish
Dec 7, 2023
Akhtar: CyberSmart replaced 18-month cash burn hiring plan with step-and-see model
“We planned to hire, like, 20 to 40 new people in the next 12 months. When we set out, we had our full financial model. We'd have burned through all our cash in about 18 months or so. Since then, we've basically reverted to, like, a more step and see model.”
Dec 7, 2023 positive
Akhtar: Founders should buy sub-$100k microacquisitions instead of building features
“The other thing we started looking at, and it's definitely something I encourage all the founders to do, look at microacquisitions. So we used to do a platform called acquire.com, used to go microacquire.com. There's a bunch of platforms like this out there. T…”