#58: Alex Bean - Co-Founder & CBO of Divvy - $1.6Bn Valuation, 350 Employees, and 9000 Customers in 5 Years
Description
Topics:
- The problem with exchanging time for money
- How Divvy was born from a frustration of expense reports
- What 6 months of fleshing out an idea looks like
- Why pitching your friends is a bad idea.
- Building the first real-time expense management platform
- How unconventional methods can go a very long way
- Customer acquisition strategies and what worked for Divvy
- Why you shouldn't hire C-level executives early on and focus on niche experts.
- Why starting a company is a lot like starting a new sport
- How Alex is still doing demo for demo's at Divvy
- And finally, why shouldn't read business books from cover to cover.
Alex Bean is the co-founder and Chief Business Officer of Divvy, the #1 corporate card & expense management platform that has raised over $417M dollars and was last valued at $1.6Bn. The company was started in 2016 so this has been done in 5 years which is quite astonishing and today they have 350 employees and 9,000 customers all over the U.S.
Prior to Divvy, Alex ran sales and marketing for companies such as Surge, Fresh Consulting, and Lucky Scooter Parts. He's got a bachelor's degree in Global Studies from Brigham Young University.
Recommended Books: Endurance, Over the Edge of the World, Into Africa, Shadow Divers, Strong Fathers, Strong Daughters
Website: https://getdivvy.com/
LinkedIn: https://www.linkedin.com/in/alexbean/
United States
