True Builders
The Journey of a Founder: Insights from Mike McDerment
Published August 31, 2023

Our True Builders podcast interview with Mike McDerment, the co-founder and former CEO of FreshBooks.

Have you ever wondered what it takes to be a founder? This episode is a can’t miss.  

In this episode of the True Builders podcast, we are delighted to feature Mike McDerment . Mike is a serial entrepreneur with multiple ventures to his name, and is prominently recognized for his extensive tenure as the co-founder and CEO of FreshBooks. FreshBooks is the #1 accounting software in the cloud, designed exclusively for freelancers and growing service-based business owners. In addition to various other endeavors, FreshBooks stands as the cornerstone of his career. Although he initially held the CEO position for a significant duration, Mike eventually transitioned out of that role a few years ago.

During host Josh Withers’ conversation with Mike, the two discuss the challenges and surprises of being a founder, with Mike sharing his experiences and personal growth throughout his 20-year journey with FreshBooks. They also touch on topics such as staying close to customers, finding sources of inspiration, and the evolving role of a CEO. Mike emphasizes the importance of open communication, healthy conflict, and staying connected with the team.

Listen to the True Builders podcast on Apple and Spotify.

Our Guest

Mike McDerment

Mike, the former CEO of FreshBooks, a cloud-based accounting software service catering to self-employed individuals, established the company in 2003 following an incident where he unintentionally overwrote an invoice. Operating out of his parents' basement, Mike dedicated 3.5 years to nurturing FreshBooks into fruition. Subsequently, the platform has garnered usage from more than 10 million users, enabling them to streamline billing processes and accumulate billions in earnings.

Resources & Links

True Builders Podcast

Mike McDerment