Episode 86: Building Successful Teams is the Key to Startup Success with Arman Eshraghi of Qrvey

Arman Eshraghi, Founder and CEO at Qrvey joins co-host Ledge on the podcast. He shares a wealth of knowledge on software, analytics, and how they fit into the SaaS market. Eshraghi also emphasizes the importance of selecting and empowering your team. 

Eshraghi starts by explaining how he decided on offering analytics for SaaS companies. Businesses use analytics to fuel data-driven decisions and sift through gargantuan amounts of data. He targeted SaaS companies because they need analytics for themselves and their customers. Plus they would rather subscribe to a service rather than build a data analytics infrastructure. 

Qrvey is a prime example of studying the market to develop the right vision and strategy. Eshraghi reflects on the previous software companies he founded. In the past, the software was at the mercy of the dominant operating system and the hardware infrastructure. Today, systems are serverless and agnostic on operating systems. As a result, Eshraghi now prioritizes the market over product perfection. He cautions against getting too caught up in trying to make the product better, only to deviate from the path of what the market actually wants.

Eshraghi's continued emphasis on the right team is the pillar of his startup success. He summarizes the key success factors for a business as having the right product fit for the market, discipline to execute, capital, and most importantly the right team. Without the latter, none of the rest will happen.

This podcast provides business leaders with a great approach to product-market fit. Get key insight on leading your team so they are fully engaged towards your objectives. 

Resources:

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Episode 87: Bridging Innovation with Compliance in the Financial Sector with Jim Brusstar of Treasury Prime

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Episode 85: Jumping from Software into Healthcare, with Edmundo Gonzalez of Marpai Health