Posted on 7th February 2024 by Harry
Erik Allebest is the CEO @ Chess.com, the #1 online chess service on the planet with more than 150+ million members and 15+ million games played each day. Erik has scaled the company to over 700 people and $100M+ in revenue with no venture funding.
In Today’s Episode with Erik Allebest:
1. From Unemployable to $100M+ Revenue Founder:
- How did Erik make his way into the world of tech and startups?
- Was his MBA worth it? How does he advise others on whether to get one or not?
- What does Erik know now that he wishes he had known when he started?
2. Scaling to $100M Revenue with No Venture Funding:
- Why did no one want to invest in Chess.com in the early days?
- What did Erik do differently as a result of not raising any venture funding?
- What would Erik have done if he had money from the start?
- What are Erik’s biggest pieces of advice to founders with funding today?
3. Hard Lessons Scaling to 150M Members:
- What are 1-2 of Erik’s biggest lessons on how to scale users with zero budget?
- What customer acquisition worked? What did not work?
- How important was COVID and The Queen’s Gambit to memberships and sign-ups?
- What are the single biggest mistakes Erik sees founders make on customer acquisition today?
4. Parenting, Marriage, Metrics and Money:
- Why does Erik not care about money or capitalism today?
- How has Erik’s style of parenting changed over the years? What works? What does not?
- What does Erik believe is the secret to marriage? What have been his biggest lessons?
- Why does Erik hate metrics? If so, how does he run the business towards goals and output?