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arjun from doola public investor update: week 9, 2023

arjun from doola public investor update: week 9, 2023

March 08, 2023

What is up, arjun from doola here with the NINTH public investor update of 2023 (note, these updates also make me realize how fast this year is going, wild, 9/52 down!)

You can also read this update on Twitter and see all previous weekly updates in the MEGA THREAD:

Without further ado, lets doola it and dive in!

Key Ask: Affiliate/Influencer Intros 🙏

• Are you close to any influencers who we could chat with to discuss an affiliate influencer partnership? A few verticals of interest: Real Estate, E-Commerce (Amazon/Shopify), Finance. DM me (15% rev share opportunity for intro!)

WoW Growth Summary 📈

• ARR (Annual Recurring Revenue): $XM +2.98% (vs +2.7% last week)

• Subscribers: XK +3.96% (vs +4.06% last week)

Image Source: Startup = Growth, by @paulg

Team 👥

• Current Full-Time Team (40)

• Hiring (Top 3 Roles): Finance #1, Account Manager, Lifecycle Marketing, Design #1

• Link to Careers Page: https://www.doola.com/careers

Mission 🔮

• Talent is everywhere, but opportunity is not. Our mission is to unlock the potential of human entrepreneurship and democratize access to the US financial ecosystem by empowering 1M founders globally to turn their dream idea into their dream US business.

@doolaHQ Lowlight 🫤

• We had an issue with google tag manager which double-counted traffic last week which made us think this week that we had a 50% drop in traffic.

@doolaHQ Highlight 😄

• BRING OUT THE CRYING ONIONS WE HIT 1000 TRUSTPILOT REVIEWS 😭 🧅

We just hit our 1000th Trustpilot Review 🤯
This is the step-by-step playbook we followed to get 1000 reviews (you can use the exact same playbook for your business):
1/ 83% of people say word-of-mouth influences their purchases.
So how do you generate more word-of-mouth?
— Arjun Mahadevan (Mr. LLC 🇺🇸) (@arjunmahadevan)
2:03 PM • Mar 6, 2023

Personal Lowlight and Highlight 😄

• Started going to @PitchandrunNYC (which has been awesome = highlight) but I ramped up running too fast (was doing 12-3-30 before and hadn't run in months) and now have a very sore Achilles (lowlight). Plz heal by Friday 🙏

Thanks & Kudos 🎉

• @chriszeoli for the Shopify Intro's

• @SahilBloom for the coffee mug recommendation ("nobody cares, work harder")

• @ankurnagpal and @jess_catorc for the opportunity to teach LLCs + S-Corps to @ochowealth

Then, we're hosting biweekly live workshops with money experts to work with business owners in a more hands-on way
@arjunmahadevan from Doola is teaching one soon on how to do the work to set up and administer an S-Corp
All with an active member community populated with experts
— Ankur Nagpal (@ankurnagpal)
3:30 PM • Feb 1, 2023

• @sterlingmsnow for feedback on how to staff CS internally vs outsourced

• @businessbarista and @jspujji for the awesome analysis of @doolaHQ on The Crazy Ones

What do @businessbarista and @jspujji think about:
• Raising venture capital vs bootstrapping?
• Niching down vs going broad?
• Twitter as a platform for customer acquisition?
• My hair?
Check out their analysis of @doolaHQ on their podcast, The Crazy Ones ⬇️
— Arjun Mahadevan (Mr. LLC 🇺🇸) (@arjunmahadevan)
3:20 AM • Mar 9, 2023

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And that's a wrap! Any feedback?

• What was awesome?

• What was boring?

• What was confusing?

• What didn't you believe?

Please hit reply and let me know (I read every email I get) 🙏

See you next week 💪