463: Starting Freshbooks and Finding Advisors | Mike McDerment
By Jon Nastor
Mike McDerment of FreshBooks is a former web designer, collector of advisors, and Canadian entrepreneur. In January 2003, he was running a four-person design agency. He was using Microsoft Word to create his firm's invoices. One day, he accidentally saved over an old invoice, and something in him snapped he knew there had to be a better way. Over the next two weeks, he coded up a solution for his clients and eventually turned that side-project into what is now FreshBooks. Mike McDerment and his team spent the next three and a half years building FreshBooks out of his parent's basement. In fourteen years, he has built a team of 250+ people and FreshBooks is used by more than 10 million people. Now, let's hack! Mike McDerment.