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February 22, 2022 @ 9:30 am - 10:30 am PST
FreeFinancing Growth and Fighting Failure with Jimmy Stephens
In 2017, the U.S Bank conducted a study looking at why businesses in the United States fail. According to the report, the top reasons include cash flow issues and poor product-market fit. The study also indicates that businesses often simply run out of cash, and don’t have the right team in place.
As the director of channel at Brex, a financial software and services company, Jimmy Stephens has seen the issues that cause startups to fail first hand. Stephens was among the first employees at Brex and was deeply involved in the early iterations of the company, from building out the sales motion and strategy, to helping grow the initial Brex customer success and relationship management team.
“Early on in a company’s life cycle, it is important to focus on doing one thing really well rather than trying to do a few things okay,” Stephens says.
On Feb. 22, 2022, Stephens will be hosting a webinar for Founders Network members where he’ll discuss strategies for financing growth and the funding options available to startups to help them avoid becoming another statistic.
Stephens will also cover:
- How early-stage tech entrepreneurs can perform situational analysis for strategic planning
- How to calculate opportunity costs for each business decision
- The difference between liquid and non-liquid assets
- Advice for solving cash flow issues
- Helpful tools that can help scale a startup team
About the speaker:
Jimmy Stephens was employee #18 at Brex. In addition to spearheading churn mitigation, Jimmy managed the SMB & Mid-Market sales team, driving top line revenue and built out the Brex hub in Salt Lake City including the hiring of 30+ individuals in sales, CX, and operations.
Today, as Chief Community Officer, Jimmy runs the early stage customer acquisition team – including all of its events, content, programming and partnerships focused on Brex’s core early stage technology customers. These efforts generate the bulk of Brex’s new customers each month – a vital component to the Fintech’s unprecedented growth.
He attended Utah State University, where he studied Finance & Economics. He is a father of 1 daughter (2.5 years old) who has the nickname internally as “Brexie” since she was the 1st Brex Baby born in the company. Jimmy has a huge passion for real estate, loves to ski & golf, and is quite the wood-fired pizza maker.
Complimentary Ticket:
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About Founders Network:
Founded in 2011, Founders Network offers lifelong peer mentorship to over 600 tech startup founders globally. Our platform, programs and high-touch service facilitate authentic experience sharing, warm introductions and long-term professional relationships. Additional benefits include over $500k in startup discounts and promotion to 2,000 newsletter readers. Members are located in San Francisco, New York City, Los Angeles, Vancouver, Toronto, London and other tech hubs. Each month our Membership Committee admits a new cohort of full-time tech founders who are nominated by an existing member. Learn more about us here
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