Mike McDerment

Mike McDerment is the co-founder and CEO of FreshBooks, planet earth’s leading online invoicing and bookkeeping app for service oriented professionals, freelancers and teams. Back in 2003, Mike built FreshBooks for his design firm and scratched his own itch. Since launching in May 2004 FreshBooks has touched over 1,000,000 lives and Mike and his team dedicate themselves to being a great service for people who love their work, and want to focus on it – instead of focusing on their paperwork. You can read more from Mike over at FreshThinking.

Recent Posts

5 tips for choosing a co-founder

5 tips for choosing a co-founder

(Editor’s note: Mike McDerment is the co-founder and CEO of FreshBooks, an online invoicing and bookkeeping app. This story originally appeared on the company’s blog.)

They say choosing your partner is the most important decision you will make in life. I’d say choosing your co-founder(s) is the most important decision you will make in building your company. Here are five tips to help you choose wisely:

Demand Passion – Starting a company is lonely, thankless and costly. It… Continue Reading

7 ways I’ve almost killed FreshBooks

7 ways I’ve almost killed FreshBooks

I’ve often said, “were it not for my co-founder and VP of operations, I would have run this company into the ground long ago”. Sadly, that’s not hyperbole. Good partners can help reel you in when your thinking begins to wander off the path of righteousness and ensure that you don’t get too close to the ledge when you hit a bump in the road.

Here’s a list of ways that I’ve almost killed FreshBooks over… Continue Reading

5 milestones to reach before raising venture capital

5 milestones to reach before raising venture capital

I meet lots of web entrepreneurs who tell me they want to raise venture capital. Most of these people are first time entrepreneurs and they just assume that once they’ve got an idea, the next thing to do is raise venture capital. That’s naive.

I always ask myself is, “is this person/company ready to raise money?” and 99 times out of 100 the answer is “no”.

Now, as a disclaimer, I have never raised venture capital… Continue Reading