Shane Young grows his small business the old-fashioned way: with slow, organic growth. No loans. No seed funds. No angel investors.
“You want to do something? Find a way to make the money, not borrow it,” Shane explains.
This small-business mentality has served him well. Shane started his first company, SharePoint911, in his basement. He hired only the smartest people in the industry — and only when he’d made enough money to afford it. When the economy crashed in 2009, he didn’t have to let anyone go. And in 2012, he sold SharePoint911 for millions.
After this success, he dabbled in the world of startups and venture capital. But he soon realized, “I don’t like startups.”
“To try to build a business around the money, and then just try to get to neutral doesn’t make sense. 90% of our effort was spent around raising more money,” he said. “Startups are the polar opposite of small businesses.”
He has since returned to his small-business roots and is now the founder and owner of PowerApps911. He’s also a rising YouTube star, with over 77,000 subscribers and millions of views.
In this Founders Series episode of Cloud Talk, join host Jeff DeVerter and Shane Young as they discuss their history working together, the Microsoft landscape, how PowerApps enables non-developers, and the biggest differences between operating a small business and operating a startup.
Listen now to learn more about:
- The genesis of Sharepoint911
- Lessons learned about building a small business for scale
- How Shane incorporates YouTube into his business and marketing plans
- Tips for hiring the right talent when growing your business
About the Authors
Rackspace Technology Staff - Solve
The Solve team is made up of a curator team, an editorial team and various technology experts as contributors. The curator team: Srini Koushik, CTO, Rackspace Technology Jeff DeVerter, Chief Technology Evangelist, Rackspace Technology The editorial team: Gracie LePere, Program Manager Chris Schwartz, Editor & Producer Larry Meyer, Creative Management Royce Stewart, Chief Designer Simon Andolina, Design Tim Mann, Design Abi Watson, Design Debbie Talley, Production Manager Chris Barlow, Editor Kamalpreet Badasha, Writer Tim Hennessey Jr., Writer Stuart Wade, Writer Karen Taylor, Writer Brooke Kaczmarek, Social Media Manager Meagan Fleming, Social Media SpecialistRead more about Rackspace Technology Staff - Solve