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In this solo episode, Practical Founders host Greg Head shares the three not-so-obvious traits he sees in the most successful practical founders—those who build valuable software companies without big funding. After talking with hundreds of founders and running peer groups with over 40 SaaS CEOs, Greg distills the core mindsets that make independent founders thrive for the long run. You’ll hear why practical founders think differently about risk, compounding, and independence, and how that thinking shapes stronger, more valuable companies over time. Key Takeaways Frugal yet bold – Practical founders are unusually frugal in life but make well-timed bold bets inside their companies. Managed risk – They avoid betting the whole company, instead making small bets that can compound into larger wins. Compounding focus – Long-term, steady 20–30% growth creates exponential outcomes in SaaS over 10–15 years. Independence premium – Protecting their ability to do it their way is treated as a strategic advantage. Optionality matters – Practical founders value flexibility to sell, go long, or change direction without outside control. This episode is perfect for: Founders building SaaS without VC funding CEOs who value control and sustainable growth Entrepreneurs exploring long-term leverage vs. quick wins Anyone who wants to understand the practical founder mindset ⏱️ Chapters: 0:00 – Intro and Welcome 1:55 – Why Greg Recorded a Solo Episode 4:25 – What Practical Founders Really Value 8:50 – Inside the Practical Founders Peer Groups 13:50 – You Might Be a Practical Founder If… 15:50 – Trait #1: Frugal but Bold 23:20 – Trait #2: The Compounding Game 37:00 – Sponsor: Designly 37:15 – Trait #3: Protecting Independence 44:15 – Why Freedom Is a Founder Superpower 49:00 – The Three Traits Recap 51:30 – Why It’s an Amazing Time to Be a Founder 53:10 – Closing and Call to Subscribe 🔗 Links Greg Head on LinkedIn - https://www.linkedin.com/in/gregheada... Practical Founders on LinkedIn - / practical-founders Practical Founders website - https://practicalfounders.com/ About Practical Founders and Greg Head Practical Founders build valuable software companies without big VC funding. This growing community of practical founders are winning the startup game with successful exits of $20 million to $100 million for founders, if they ever choose to sell. There has never been a better time to be a practical founder. Greg Head is the founder in chief of Practical Founders. He is a 30-year software industry veteran who was part of the startup-to-scale journeys of three different CRM software companies, including one IPO. He is now an active advisor, community builder, and speaker who helps founders of SaaS software startups worldwide. Greg is a paid strategic advisor to 40 early-stage SaaS company CEOs with his Practical Founders Peer Groups and his 1-1 CEO advisory programs. He hosts the weekly Practical Founders Podcast where he interviews successful founders who grew valuable software companies without big funding. Connect with Greg and Practical Founders: Greg Head on LinkedIn / gregheadaz Subscribe to Practical Founders on YouTube: / @practicalfounders Practical Founders Podcast https://practicalfounders.com/podcast Practical Founders Peer Groups https://practicalfounders.com/peer-gr... Greg’s blog https://practicalfounders.com/articles Get the Practical Founders weekly newsletter https://practicalfounders.com/newsletter