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Do you own your own business or work with someone who does? If so, chances are you have used the product founded by our guest today. So imagine this, you’re sitting in your parents basement managing a fledgling design agency. You have a few staff to manage, sales leads to chase, meetings with your lawyer…oh, and doing work for your clients of course. One day, as you’re frantically trying to keep all of these balls in the air, you accidentally save over an old invoice! You know there can be a better way to manage this aspect of your business, and others are also likely to have this problem, so you set out on a mission to make running a small business easy, fast, and secure so that you can spend less time on accounting and more time doing the work you love. Fast forward 16 years and you have built the world’s #1 cloud accounting software designed exclusively for service-based small business owners and independent professionals. You’re Mike McDerment, the co-founder and CEO of Freshbooks who just happens to be sitting across the table from me today.
Mike has led Freshbooks to become ranked in the top 10 small medium employers in Canada. As of 2017, FreshBooks had secured a total of $75Million in venture capital funding over two rounds. In 2019, the company announced it had secured an additional strategic investment from JPMorgan Chase & Co.
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