Adora Cheung Speaks at Female Founders Conference 2015

Summary

Adora Cheung, CEO and co-founder of Homejoy, spoke at the Y Combinator Female Founders Conference in 2015. Here are the key points from her talk:

Homejoy launched in 30 markets in under six months, grew to 200 employees in under a year, and served hundreds of thousands of homes.
Cheung discussed the challenges in the home services industry and how Homejoy aimed to solve them.
She emphasized the importance of leveraging technology to make processes more efficient.
Cheung highlighted the significant market opportunity in the home services industry and the timing being right for startups in this space.
She discussed different types of growth strategies for scaling a product, including sticky growth, viral growth, and paid acquisition.
Cheung emphasized the need for tools and automation to streamline processes and avoid repetitive tasks.
She discussed the importance of maintaining a strong focus on the product as a founder and spending quality time analyzing metrics and customer feedback.
Cheung stressed the need to scale the organization and team, finding talented individuals who specialize in different areas.
She discussed the importance of being involved in the hiring process as a founder and CEO and the need for effective communication mechanisms.
Cheung emphasized the importance of communication, mission, and core values within a company.
She discussed the need for founders to manage their teams effectively and support their growth.
Cheung shared tips for scaling an organization, managing oneself, and dealing with stress.
She emphasized the value of building a strong team, making an impact, and enjoying the journey despite its difficulties.

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