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Hitting $5m ARR Was Not Easy: 3 Things that Failed

Three things that failed and three that worked across product, making money, and people and culture at a profitable 12-year-old company

Bridget Harris · YouCanBookMe

Published September 6, 2023
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What you’ll learn

YouCanBookMe describes 12 years of profitable operations. The deck covers hiring and coaching practices, monthly product use, a product roadmap setback, and differences in employee compensation costs.

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People and Culture

“External Coaching and Mentoring”

Fails and Nails

“We are proud of building a PLG driven company with over a million people using our product every month”

Compensation varies across employee costs

“People and Culture”

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  • Bridget Harris Saastr Slide Deck

About the speaker
Bridget Harris

Bridget Harris

CEO & CoFounder · YouCanBookMe

Bridget Harris is the CEO and co-founder of YouCanBook.me - an online scheduling tool that helps businesses manage their customers and calendars. Bridget is the co-founder of YCBM, launched in 2012. Before then she had a career in parliament, government and politics as an advisor.

Company revenue
$5M
Team size
24

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92 passages

Introduction

  1. Slide text

    Hitting $5m ARR was not easy. 3 things we failed & 3 things we nailed. Bridget Harris CEO of YCBM • ycbm.com

YCBM in numbers

  1. A decade of profitable operations

    The company describes itself as a calendar booking tool, in business for 12 years and profitable since 2017.

    Slide text

    YCBM in numbers 12 Year Old Company Profitable Since 2017 st Calendar Booking Tool 1

  2. Usage spans accounts, customers, and bookings

    The company reports 1 million accounts, 20,000 customers, and 90 million bookings to date.

    Slide text

    YCBM in numbers 1 million Accounts 20,000 Customers 90 million Bookings all time

  3. Revenue accelerated over time

    The annual revenue curve rises gradually at first, then climbs more quickly through the later years, reaching its highest point at the right edge.

    Slide text

    Revenue 2023 (£)

  4. Recognizable teams use the product

    A set of customer logos signals adoption across consumer services, commerce, transportation, reviews, and technology.

    Slide text

    Trusted by customers and teams worldwide at

  5. Customers span the satisfaction map

    The logo map organizes customer companies by satisfaction and performance, with YCBM marked in the upper-right leaders area.

  6. Three parts structure the talk

    The talk will examine failures and successes in people and culture, making money, and product.

    Slide text

    Over the next 30 minutes 3 Fails and 3 Nails Product Making Money People and Culture

  7. The talk reviews a dozen years

    This section looks back at the company’s failures and successes across 12 years.

    Slide text

    12 Years of Fails and Nails 1 Fails and Nails 😒 👌

  8. Bookings grew as the loops spread

    The bookings chart grows from a low baseline into a much steeper curve, alongside a headline of 92M+ lifetime bookings.

    Slide text

    When loops go viral… 92M+ all time bookings

  9. A reaction image frames a setback

    A comic scene and its caption convey a disappointed response, setting up the talk’s discussion of failures.

  10. Failure can redirect progress

    The displayed quote reframes failure as life moving a person toward a different direction.

    Slide text

    “There is no such thing as failure. Failure is just life trying to move us in another direction.” — Oprah Winfrey

  11. People and culture comes first

    This section introduces the people and culture portion of the failures-and-successes review.

    Slide text

    People & Culture 2 People and Culture

  12. People and culture at YCBM

    The section will examine what went wrong and what worked in the company’s approach to people and culture.

    Slide text

    Fails and Nails: People and Culture at YCBM

  13. Remote work and profit sharing are strengths

    The company presents remote work, transparency, and profit sharing as cultural practices it has championed for more than a decade.

    Slide text

    Fails and Nails: People and Culture at YCBM Culture Remote Transparent Profit Share 👌 We’ve championed culture, profit and internationalism for over a decade and we love it!

  14. Ad hoc management caused confusion

    Unstructured, founder-dependent management and sink-or-swim expectations led to mixed messages and unclear direction.

    Slide text

    Ad hoc management styles led to unintentional mixed messages and lack of clarity Management 😒 Unstructured Founder Dependent Sink or Swim People and Culture at YCBM Fails and Nails:

  15. Management struggled while culture held

    The comparison pairs unstructured, founder-dependent management with remote, transparent, profit-sharing culture.

    Slide text

    Management 😒 Unstructured Founder Dependent Sink or Swim Culture Remote Transparent Profit Share 👌 People and Culture

  16. Management relied on the founder

    The management list highlights unstructured work, dependence on the founder, and sink-or-swim expectations as problems.

    Slide text

    People and Culture Management 😒 Unstructured Founder Dependent Sink or Swim

  17. Operating rhythms add structure

    The proposed management practices include EOS and 90-day goals, weekly executive meetings, company updates, recorded meetings with AI transcripts, and a weekly scorecard.

    Slide text

    Introduced EOS / 90 Day Rocks Weekly Exec Meeting Company Bulletin Recordings + AI Transcripts Weekly Scorecard People and Culture Management 😒 Unstructured Founder Dependent Sink or Swim

  18. Founder dependence is singled out

    This build emphasizes founder-dependent management as a specific weakness within the broader management problem.

    Slide text

    People and Culture Management 😒 Unstructured Sink or Swim Founder Dependent

  19. Teams can own clear responsibilities

    Technical leadership, product squads, and an operations team are presented as ways to distribute ownership.

    Slide text

    Technical Leadership Product Squads Operations Team Ownership People and Culture Management 😒 Unstructured Founder Dependent Sink or Swim

  20. Sink-or-swim management is a risk

    The highlighted management failure is leaving people to figure things out without sufficient support.

    Slide text

    People and Culture Management 😒 Unstructured Founder Dependent Sink or Swim

People and Culture

  1. Hiring and coaching support employees

    Talent sourcing, external coaching and mentoring, and clear expectations with regular one-to-ones are listed as management practices.

    Slide text

    People and Culture Management 😒 Unstructured Founder Dependent Sink or Swim Talent Sourcing External Coaching and Mentoring Expectations and 1-1s

  2. Management problems share a pattern

    The list groups management challenges around weak structure, founder dependence, and sink-or-swim expectations.

    Slide text

    People and Culture Management 😒 Unstructured Founder Dependent Sink or Swim

  3. The comparison turns toward culture

    The management list fades as the culture list comes forward, shifting attention to the company’s cultural strengths.

    Slide text

    Culture Remote Transparent Profit Share 👌 Management 😒 Unstructured Founder Dependent Sink or Swim People and Culture

  4. Three cultural practices stand out

    Remote work, transparency, and profit sharing form the company’s stated culture strengths.

    Slide text

    Culture Remote Transparent Profit Share 👌 People and Culture

  5. Remote work is one cultural strength

    The build emphasizes remote work within the company’s three-part culture framework.

    Slide text

    Culture Transparent Profit Share 👌 People and Culture Remote

  6. Team locations balance flexibility and ties

    The country map positions locations against relationship security and flexibility or cost, illustrating tradeoffs in where a remote team is based.

    Slide text

    Culture Remote Transparent Profit Share 👌 People and Culture

  7. Culture is expressed through shared values

    A collage of value posters puts commitment, curiosity, problem solving, simplicity, and challenge at the center of the culture discussion.

    Slide text

    Culture Remote Profit Share 👌 People and Culture Transparent

  8. Transparency is a stated cultural value

    The build highlights transparency beside remote work and profit sharing, with a photo of colleagues gathered around a table.

    Slide text

    Culture Remote Transparent Profit Share 👌 People and Culture

  9. Transparency joins the culture framework

    Remote work, transparency, and profit sharing are presented together as the company’s culture strengths.

    Slide text

    Culture Remote Transparent 👌 People and Culture Profit Share

  10. Profit sharing follows a points schedule

    The employee table increases points by 0.25 each quarter, reaching 4 points in quarter 16.

    Slide text

    Culture Remote Transparent Profit Share 👌 People and Culture 👉🏻 👉🏻 💰 💰 👉🏻 💰 💰 💰 💰

  11. Internal practices changed to support scale

    The company says it changed management, hiring, and communications to help the business scale.

    Slide text

    We have changed our internal management, hiring and comms to help us scale Fails and Nails: Management 😒 Unstructured Founder Dependent Sink or Swim

  12. Transparency guides the culture

    The company describes transparency as its cultural north star.

    Slide text

    Fails and Nails: Culture Remote Transparent Profit Share 👌 Our cultural north star is our commitment to transparency People and Culture at YCBM

  13. The talk turns to making money

    This section introduces the financial and business model portion of the failures-and-successes review.

    Slide text

    Making Money 3 Making Money

  14. Making money at YCBM

    The next section examines what worked and failed in building a sustainable business.

    Slide text

    Fails and Nails Making Money

  15. Bootstrapping focused the business on PLG

    The company says bootstrapping kept its focus on product-led growth, self-service customers, and a profitable business.

    Slide text

    Fails and Nails Bootstrapping ensured we were ruthlessly focussed on product-led growth and a self sustaining profitable business Making Money PLG Customers Self Service Profitable 👌

  16. Broad marketing diluted the message

    The company spread effort across varied customers and marketing tactics without clear positioning.

    Slide text

    Marketing Positioning Marketing tactics 360° tracking 😒 Fails and Nails We spread ourselves too thin across a diverse range of customers without a clear message Making Money

  17. A reaction image follows marketing sprawl

    A confused reaction image accompanies the broad marketing checklist, reinforcing the difficulty of a scattered approach.

    Slide text

    Fails and Nails Marketing Positioning Marketing tactics 😒 360° tracking Making Money

  18. Marketing and product-led growth are compared

    The framework contrasts positioning, marketing tactics, and tracking with product-led growth, self-service customers, and profitability.

    Slide text

    Marketing Positioning Marketing tactics 😒 360° tracking PLG Customers Self Service Profitable 👌 Making Money Fails and Nails

  19. Marketing was a source of failure

    This build isolates marketing as the failing area within the making-money section.

    Slide text

    Making Money Marketing Positioning Marketing tactics 😒 360° tracking

  20. Positioning is the first marketing question

    The build highlights positioning and pairs it with a book about making products distinct and understandable to customers.

    Slide text

    👌 Marketing Marketing tactics 😒 360° tracking Making Money Positioning

  21. The product promise makes positioning visible

    A booking-tool homepage illustrates how product positioning appears in a customer-facing message and interface.

    Slide text

    👌 Marketing Positioning Marketing tactics 😒 360° tracking Making Money

  22. Marketing tactics can be compared externally

    A software directory screenshot shows how products are grouped and compared across categories and capabilities.

    Slide text

    👌 Marketing Positioning 😒 360° tracking Making Money Marketing tactics

  23. Search activity is measurable over time

    A search analytics dashboard displays changing impressions and clicks, with a fluctuating upward trend in the later period.

    Slide text

    👌 Marketing 😒 SEO Positioning Marketing Positioning Marketing tactics 😒 360° tracking Making Money

  24. Tracking connects marketing data sources

    The diagram routes social sources, a website, and a CRM into an analytics platform, then into reporting tools.

    Slide text

    👌 Marketing 😒 SEO Positioning 360o tracking Marketing Positioning Marketing tactics 360o tracking Making Money 😒

  25. Marketing needed depth and sustained effort

    The slide names limited understanding, short-term thinking, and low investment as marketing weaknesses before turning toward product-led growth.

    Slide text

    Marketing Lack of understanding Short term Low Investment 😒 Marketing Positioning Marketing tactics 😒 360° tracking Making Money PLG Customers Self Service Profitable 👌

  26. Product-led growth supports profitability

    The company frames product-led growth around serving customers, self-service, and profitability.

    Slide text

    Making Money PLG Customers Self Service Profitable 👌

  27. Customer adoption is the next PLG focus

    A sequence of figures climbs a set of steps as the framework highlights customers, suggesting progress toward broader adoption.

    Slide text

    PLG Self Service Customers Profitable 👌 Making Money PLG Customers Self Service Profitable 👌

  28. Earlier products built usage over time

    The comparison traces three product launches through successive account, activity, and booking milestones.

    Slide text

    PLG Customers Self Service Profitable 👌 Making Money How it Started…

  29. Self-service support gives customers options

    A support page offers webinars, help documents, a community forum, and contact support.

    Slide text

    Making Money How’s your Support Going….? PLG Customers Self Service Profitable 👌

  30. Three operating stacks connect to profit

    The diagram groups company functions, people practices, and business activities into separate stacks, each building toward profit.

    Slide text

    Making Money PLG Self Service Profitable 👌 Customers

Fails and Nails

  1. Monthly product use supports the PLG story

    The company says more than a million people use its product each month.

    Slide text

    Fails and Nails We are proud of building a PLG driven company with over a million people using our product every month PLG Self Service Profitable 👌 Customers

  2. Marketing is adopting a clinical approach

    The company says it is applying the methodical approach used in engineering and operations to marketing.

    Slide text

    Fails and Nails We are bringing our clinical approach from engineering and operations to the world of marketing Marketing Positioning Marketing tactics 😒 3600 tracking

  3. Product vision and change

    This section introduces the product portion of the failures-and-successes review.

    Slide text

    Product 4 Vision and Change

  4. Choose a distinct product vision

    The quote argues for betting on a clear vision instead of building a copycat product.

    Slide text

    “I would rather gamble on our vision than make a ‘me, too’ product.” — Steve Jobs

  5. Scheduling products compete on experience

    A collage of booking and scheduling product pages shows varied approaches to meetings, calendars, and online scheduling.

    Slide text

    Product Update — 22 June 2022

  6. A vision should distinguish the product

    The slide argues that a product vision should not simply follow category conventions, alongside examples of scheduling pages.

    Slide text

    A Product Vision is not An ‘also-ran’ 👎

  7. A roadmap is not a product vision

    The timeline lays out work across multiple initiatives, illustrating that a roadmap organizes projects rather than defining the product’s purpose.

    Slide text

    A Product Vision is not A roadmap 🙄

  8. Refactoring alone is not a vision

    The slide distinguishes a lasting product direction from redesigning interfaces or refactoring the existing experience.

    Slide text

    A Product Vision is not Refactoring and redesigning 🥱

  9. A vision solves an enduring real problem

    The slide defines product vision through solving a real problem compellingly in a way that stays relevant over time.

    Slide text

    A Product Vision should be about Solving a real problem. 😎 In a compelling way. Which stays relevant over time.

  10. Product failures and successes

    This transition brings the discussion back to the product failures-and-successes framework.

    Slide text

    Fails and Nails:

  11. Product quality needs more than a roadmap

    The comparison sets customizability, security, and reliability against a focus on features, pricing, and roadmaps without a vision.

    Slide text

    Fails and Nails: Product Customizable Reliable 👌 Secure Product Features Pricing 😒 Roadmap not Vision

  12. The team focused on fixing itself

    The company says day-to-day work had become about fixing YCBM rather than solving a problem for customers.

    Slide text

    Our day to day had become about fixing YCBM as the problem, not fixing a problem for people Product Features Pricing 😒 Roadmap not Vision Fails and Nails:

  13. A million accounts tested the product

    The company says its product has scaled to over a million accounts, with customizability, reliability, and security as its strengths.

    Slide text

    Product Customizable Reliable 👌 We have scaled to a product to over a million accounts Secure Fails and Nails:

  14. A quiet transition in the product section

    This mostly blank frame separates the product-strength sequence without adding another takeaway.

    Slide text

    Product Customizable Reliable 👌 Secure Fails and Nails:

  15. Customers value flexible booking flows

    A customer comment praises the ability to create booking flows and communications that fit the customer’s voice, illustrated with confirmation and reminder examples.

    Slide text

    Product Customizable Reliable 👌 Secure Fails and Nails:

  16. Security is supported by standards and privacy

    Security logos and a GDPR badge illustrate the certifications and privacy commitments associated with this product strength.

    Slide text

    Product Customizable Reliable 👌 Secure Fails and Nails:

  17. Bookings show long-term product usage

    The slide reports 92,029,068 bookings all time as evidence of sustained use.

    Slide text

    Fails and Nails: Product Customizable Reliable 👌 Secure

  18. Reliability completes the product strengths

    The build emphasizes reliability alongside customizability and security.

    Slide text

    Product Customizable Reliable 👌 Secure Fails and Nails:

  19. A roadmap can crowd out product vision

    The comparison returns to feature and pricing work and a roadmap, with an arrow toward the missing product vision.

    Slide text

    Product Customizable Reliable 👌 Secure Fails and Nails: Product Features Pricing 😒 Roadmap not Vision

  20. Features and pricing are not the whole vision

    The failure list isolates features, pricing, and roadmap focus as an incomplete basis for product direction.

    Slide text

    Product Features Pricing 😒 Roadmap not Vision Fails and Nails:

  21. Solve customer problems, not product symptoms

    The company repeats that its work had focused on fixing YCBM instead of solving a problem for people.

    Slide text

    Our day to day had become about fixing YCBM as the problem, not fixing a problem for people Product Features Pricing 😒 Roadmap not Vision Fails and Nails:

  22. A reaction image marks a product frustration

    A comic reaction image accompanies the feature-focused product failure, conveying frustration with that approach.

    Slide text

    Product Features Pricing 😒 Roadmap not Vision Product

Product

  1. Feature work had become the focus

    The build highlights features in the product failure list, with a reaction image reinforcing the frustration.

    Slide text

    Product Features Pricing 😒 Roadmap not Vision Product

  2. A major rebuild took time and investment

    The company says it invested £1.5million and spent 2 years building a better product experience.

    Slide text

    We invested £1.5million and spent 2 years building a better product experience Product Product Features Pricing 😒 Roadmap not Vision

  3. Pricing changes required customer communication

    A product announcement page introduces a pricing update and explains the change to customers.

    Slide text

    Product Features Pricing 😒 Roadmap not Vision Product

  4. Prices rose after seven years

    The company says it increased the price per calendar from $10 to $12 after seven years.

    Slide text

    For the first time in 7 years we put prices up, from $10 to $12 per calendar Product Product Features Pricing 😒 Roadmap not Vision

  5. A product vision combines three tests

    The recap says a vision solves a real problem, does so compellingly, and remains relevant over time.

    Slide text

    Product Features Pricing Roadmap not Vision Solving a real problem In a compelling way Which stays relevant over time Product 😒

  6. The vision puts booking at the center

    The company describes a direction where booking is the defining product priority.

    Slide text

    Product And are building a vision where ‘Booker is King’ Product Features Pricing Roadmap not Vision 😒

  7. Booking views should fit each use case

    A mobile scheduling interface illustrates a booking experience designed around the customer’s situation.

    Slide text

    New views to best suit the use case Building the best Booking Experience of any tool on the market

  8. Translated pages extend global reach

    The company says it built translated booking pages on top of its customization and international reach; localized calendar interfaces illustrate the result.

    Slide text

    Building on our success at customization, translations and global reach, we built ‘out of the box’ translated booking pages Languages

  9. A rebuilt platform improved performance

    The company says the redesigned booking platform delivers 6x faster performance, more customization, and improved resilience.

    Slide text

    We have rethought, rebuilt, and revamped how our booking platform works 6x faster performance, more customization and improved resilience Immediate

  10. Product strengths contrast with old priorities

    The framework again contrasts customization, security, and reliability with features, pricing, and roadmap focus.

    Slide text

    Fails and Nails: Product Customizable Reliable 👌 Secure Product Features Pricing 😒 Roadmap not Vision

  11. Three lessons summarize the talk

    The recap connects changing people management, learning product-led growth, and balancing vision with the daily roadmap.

    Slide text

    In the last 30 minutes Fails and Nails Product How do you stay excited about the vision, while building the roadmap day to day? As you scale, the way you manage people and building teams is going to change People and Culture Pure PLG hasn’t been enough to grow long term Making Money Get used to more structure and set clear expectations Marketing has the biggest learning curve for us to adopt Learn the difference

  12. Audience members are asked to reflect

    The closing exercise asks the audience to identify their own failures and successes.

    Slide text

    In the last 30 minutes Fails and Nails NAILS ? ? FAILS What are yours? YOU

  13. A bootstrapping manual is offered

    A QR code invites the audience to get the speaker’s bootstrapping manual.

    Slide text

    Get my Bootstrapping Manual! ycbm.com/manual

  14. The speaker leaves the audience with momentum

    The final speaker card closes with an encouraging call to continue forward.

    Slide text

    Onward! Bridget Harris CEO of YCBM • ycbm.com

  15. Localized booking pages show the language options

    This continued build shows several localized booking-page interfaces, extending the examples of translated scheduling.

    Slide text

    Building on our success at customization, translations and global reach, we built ‘out of the box’ translated booking pages Languages

  16. Past success may not predict future success

    The featured book title suggests that the habits that enabled earlier success may need to change to reach the next level.

    Slide text

    Marshall Goldsmith American executive leadership coach and author What Got You Here, Won’t Get You There

  17. A quiet transition frame

    This mostly blank frame pauses the sequence and adds no separate takeaway.

Compensation varies across employee costs

  1. Compensation varies across employee costs

    The chart compares spreads in take-home pay, employee gross pay, and total employer cost, reporting 250%, 331%, and 324% respectively.

    Slide text

    People and Culture Take home 250% spread Employee Gross 331% spread Total cost Employer 324% spread

  2. The presentation ends on a blank frame

    A minimal final frame closes the deck without adding another message.