It cost about $1 million. It returned 15 times. Pierre Chamberland on making his team Netgovern shareholders.
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Reporting, legal fees and related costs came to about $1 million. When Netgovern sold for $30 million, half went to employees. Pierre calls it a 15 times return.
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His advice from BoS USA 2025 is that it takes three to five years, and the hardest part is staying consistent. His full talk: businessofsoftware.org/talks…
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A CRM company hired a rep who could get a meeting at Goldman Sachs. He demoed one feature and the head of investment banking came back with three VPs.
Enterprise CRM, or just a CRM for investment banks?
Build Your ICP and Prospecting System starts 3 Nov.
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Workshop details: businessofsoftware.org/event…
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Des Traynor calls it frequency bias. Hear a request frequently and recently and it feels like everyone is asking. Des nearly told his team to build live chat after hearing one person talk about it. Then he stopped.
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Product strategy is mostly about saying no. See the seven questions Des asks before you say yes: businessofsoftware.org/2026/…
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Good customer conversations get lost in notes nobody reads. Build Your Customer Signal System starts Tue 3 Nov, 4pm UK. In week two you run it on one of your own conversations. You approve every signal before it is written. 12 founders.
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Details and registration businessofsoftware.org/event…
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Your ICP sounds precise in a meeting. It evaporates when you try to use it. The search on the card is a scene we hear a lot. Build Your ICP and Prospecting System starts Tue 3 Nov, 11am UK. Four weekly sessions, 12 founders.
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Details and registration businessofsoftware.org/event…
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You have agents running. You do not have a system around them. Build Your AI Company Operating System starts Wed 28 Oct, 11am UK. Two running missions by week four. 12 places.
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Details and registration businessofsoftware.org/event…
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Making employees shareholders cost Netgovern about $1 million and returned 15 times, by founder Pierre Chamberland's count.
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Pierre asked the people he worked with whether Netgovern would have made it without the programme. They all said no. Half of the $30 million sale went to employees.
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Pierre's talk from BoS USA 2025, with transcript and slides: businessofsoftware.org/talks…
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