SmartBear's Lean Success
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A story about how SmartBear became a highly profitable company with remarkable efficiency.
"SmartBear was started 22 years ago. The company was sold in 2020 for $2 billion, but what's impressive is it doesn't have that many employees - it's more like 100 people. It's super profitable, it was publicly stated what the profits were - it's 50% bottom line profit.
It's just a cash printing machine. The company has managed to achieve massive success and valuation while maintaining a relatively small team and extremely high profit margins."
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.