EW 013: How To Build A Multi-Million Dollar Software Business - Winning with Dan MacDonald
Автор: Executive Wins
Загружено: 2025-04-28
Просмотров: 72
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EW 013: How To Build A Multi-Million Dollar Software Business - Winning with Dan MacDonald
In this conversation, Dan MacDonald shares his entrepreneurial journey, detailing his transition from working at The Brick to founding BIS Safety Training, a company focused on online safety training.
He discusses the challenges faced during the 2008 financial crisis, the importance of building a strong team, and the strategies that have led to his company's growth.
Dan emphasizes the significance of continuous learning through reading and the value of finding the right people to drive success.
Key Takeaways
Dan emphasizes the importance of continuous learning and reading
The transition to sole focus on online safety training was a pivotal moment for the business
Building a strong team is crucial for success
Survival mode during the 2008 crisis shaped their strategy
Dan's ability to identify talent has been a key factor in his success
Investing in technology has been a consistent priority
Customer service is a core value, with a focus on in-house support
Dan believes the future holds potential for significant growth potentially making BIS Safety Training a billion dollar company in upcoming years
Dan MacDonald is the CEO and co-Founder of BIS Safety Software Inc. A cloud-based software application that powers training and compliance for thousands of companies with millions of active users around the world.
Dan started his career in retail working in various roles until he landed a job at the Brick, a furniture, appliance and electronics retailer in Canada. In this company he filled several roles including sales, management, buyer, and category manager, where his learning accelerated. His experience working with the executive team and the owner propelled his knowledge in leadership and business.
Using all that he learned from the retail experience and reading hundreds of biographies on great leaders, he applied to this start-up, BIS Safety Software, that he founded with his wife from a kitchen table back in 2006.
BIS started with minimal viable product (MVP) which landed a few early adaptors as customers that paid some of the bills. They continued to build and improve the product, the service and the software application day-by-day. Today, BIS has a 25,000 sq ft office in Sherwood Park with more than 160 full-time team members doing in excess $20MM each year in annual sales.
BIS is now starting to explore the idea of an investment partner, as they continue to grow and expand throughout the world, improving workplace safety, ensuring that more people go home safe to their family, everyday.
Website: www.bisSafety.com
LinkedIn: / dan-macdonald-4a8a996
Gordon Sheppard is dedicated to helping Executives win.
He is a Leadership Coach, Facilitator and Management Consultant who has worked with senior leaders from across sectors including Oil and Gas, Industrial Service Businesses, Government, Non-Profits, Associations and more.
His approach is straight-forward and inspiring.
He often says ‘I’m not in the family’ when he works with leaders. This means that he will say what needs to be said so that leaders can move forward faster.
With a style that has been described as ‘assertively kind’, Gord brings a structured approach to every engagement.
That is why he built the Executive Planning System – a proven 5-step approach that helps leaders achieve their organizational goals.
He is also the best-selling author of the ‘Meeting Leadership Solution’, a 10 step system to help you improve your business meetings today!
With more than 25 years of business experience, an MBA, and Prosci Change Management Certification, Gord is dedicated to helping leaders get what they need to succeed.
Get in touch with Gord to find out how he can help you grow as an Executive while you improve your business.
https://executivewins.com/podcast/
[email protected]
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