• Trayd's Mission to Simplify Construction Payroll

  • Feb 4 2025
  • Length: 1 hr and 6 mins
  • Podcast

Trayd's Mission to Simplify Construction Payroll

  • Summary

  • "The secret to raising $4.5M for a construction tech startup? 149 'nos' and 1 'yes' from YC."

    In today's episode of Bricks & Bytes, we had Anna Berger, founder of Trayd - a construction payroll and compliance platform built specifically for specialty contractors. From failing at video dating apps to revolutionizing construction back offices, Anna's journey is a masterclass in persistence and problem-solving.

    Tune in to learn about:

    ✅ How working in her dad's construction office led to discovering a massive market opportunity

    ✅ Why Trayd focuses on specialty contractors instead of general contractors

    ✅ The power of Trayd shows in B2B sales (and why cold calling doesn't work)

    ✅ Building an effective founding team: why having a technical co-founder matters

    ----

    Chapters 03:43 Introduction and Background

    06:34 The Journey of Curtin: A Video Dating App

    09:41 Transition to Construction: Insights from Family Business

    12:48 Building Trade: The All-in-One Solution for Construction

    15:43 Understanding Payroll Complexity in Construction

    18:43 The Importance of Scheduling and Labor Tracking

    21:49 Customer Focus: Targeting Specialty Contractors

    24:44 Product Discovery: Listening to Customer Needs

    27:42 Market Landscape and Competition

    30:49 Fundraising Journey and Challenges

    33:45 Lessons Learned and Future Outlook

    37:17 The Evolution of Trade's Focus

    38:59 Experiences with Y Combinator

    39:51 The Importance of Strategic Investors

    43:31 Navigating the Construction Industry's Challenges

    44:52 Hiring for a Growing Team

    46:04 The Value of In-Person Collaboration

    47:14 Product Development Insights

    48:53 Effective Customer Engagement Strategies

    51:45 Building Emotional Connections in Sales

    53:07 Understanding the Buyer Persona

    53:59 Evaluating Cost Savings for CFOs

    56:00 Exploring Growth Tactics Beyond Trade Shows

    57:38 The Role of Content in Marketing

    58:02 Addressing Skepticism in Sales

    01:00:17 The Importance of User Experience

    01:03:20 The Value of Community Among Founders


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