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Frank Growth

Frank Growth

Written by: Jason Shafton
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About this listen

Frank Growth is a sharp, execution-first podcast about how companies actually grow. Hosted by Jason Shafton, it features candid conversations with founders, operators, and investors who are in the work right now. The focus is real decisions: distribution, demand, pricing, org design, incentives, and what breaks once the early playbooks stop working. No hype. No recycled advice. Just clear thinking from people accountable for outcomes.Jason Shafton Economics Marketing Marketing & Sales
Episodes
  • I Hate Sales with John Kennelly
    Jan 27 2026

    Episode #204: John Kennelly — Founders who hate sales still have to sell

    If sales feels intrusive, this episode reframes it as problem-solving.
    Built for founders avoiding sales calls, decks, and outreach.

    John Kennelly, Founder of I Hate Sales, works with founders who have never had a sales job and actively avoid selling. In this episode, he explains why sales fear is usually a mindset problem, not a skill gap, and why curiosity matters more than persuasion. The conversation covers running discovery without pitching, qualifying people out quickly, and why early founders slow themselves down by building systems instead of talking to customers. Kennelly shares concrete examples from his cohort work, including starting with interviews instead of sales calls and what to track before using a CRM.

    What you’ll hear

    • Reframing sales from “intrusion” to helping through discovery
    • How to run interviews instead of sales calls
    • Why broad ICPs, decks, and CRMs backfire early
    • The only two metrics to track before you have customers

    Chapters

    Chapters with timestamps

    • 00:00 — Why founders dread sales
    • 02:17 — Sales as helping, not intruding
    • 03:39 — Curiosity and discovery before pitching
    • 05:17 — Qualifying hard and knowing your ICP
    • 08:16 — Interviews instead of sales calls
    • 13:48 — What to track before using a CRM

    Links & resources

    GuestJohn Kennelly — Founder, I Hate Sales
    Website
    LinkedIn

    About Frank Growth

    Frank Growth is a podcast about how companies actually grow—real operators, real constraints, real decisions. Hosted by Jason Shafton.

    Promotional links

    • Work with Winston Francois
    • Subscribe / Follow Jason
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    20 mins
  • Acquisitions and Inorganic Growth with Trevor Houghton
    Jan 20 2026
    Episode #203: Trevor Houghton — How to buy growth without risking cash

    How founders use acquisitions to grow without betting the company.
    For operators considering their first inorganic deal.

    Trevor Houghton is CEO of Pass Galleries and a former private equity and corporate development operator. He breaks down how founders can use acquisitions to increase enterprise value without overextending capital. The conversation covers how deals actually get sourced, why most failed acquisitions start with the wrong premise, and how Trevor structures transactions using debt, seller notes, and earn-outs to reduce downside. He walks through a concrete example of acquiring $5M in EBITDA with no net cash outlay and explains why integration planning must start before the deal closes.

    What you’ll hear
    • Why the best acquisitions start as partnerships, not cold offers
    • The customers vs. capabilities rule and why you must only extend one
    • How no-money-down deals work using debt and deferred payments
    • Why day-one integration and early culture alignment determine outcomes
    Chapters

    Timestamps derived from the episode transcript.

    • 00:00 — Structuring acquisitions with minimal cash risk
    • 00:30 — Introduction to inorganic growth and Trevor’s background
    • 01:44 — Building acquisition paths through partnerships
    • 03:13 — The customer vs. capability decision framework
    • 04:07 — Identifying targets through existing customer usage
    • 05:03 — Growing earnings and valuation through acquisitions
    • 06:04 — Integration planning before close
    • 06:29 — Culture integration and no-money-down deal mechanics
    • 08:05 — Building an acquisition engine
    Links & resources

    Guest
    Trevor Houghton — CEO, Pass Galleries
    https://www.linkedin.com/in/trevor-houghton-th/

    About Frank Growth

    Frank Growth is a podcast about how companies actually grow—real operators, real constraints, real decisions.
    Hosted by Jason Shafton.

    Promotional links
    • Work with Winston Francois: https://wf.team/podcast
    • Subscribe / Follow Jason: https://www.linkedin.com/in/jasonshafton/
    Show More Show Less
    11 mins
  • How Investors Think About Growth with John Connolly
    Jan 13 2026

    John Connolly - Make your growth story hold up in investor diligence


    How to present growth so it is defensible, measurable, and scalable.For founders raising and operators building board-ready growth reporting.


    John Connolly is a Managing Director at Spectrum Equity, and he explains what he expects to see when a company tells a growth story at the growth equity stage. He covers why founders often stop at simplified metrics instead of going deep on channels, cohorts, and what is actually repeatable. John breaks down two common issues he sees in diligence: when each incremental dollar stops working, and when teams blend organic and paid in a way that hides what is driving performance. He also shares Spectrum’s framing for evaluation: identify what makes the company special, then isolate the few growth drivers that truly move the business.


    What you’ll hear

    • ​How Spectrum pressure-tests whether growth is durable, not just up and to the right
    • ​How to separate organic and paid so you can explain what is really working
    • ​What breaks when incremental spend hits diminishing returns, and why teams miss it
    • ​A practical way to focus your story: the “special thing” plus a short list of real growth drivers


    Chapters

    • ​00:35 - Intro: what investors diligence in a growth story
    • ​02:48 - The common miss: not going deep enough on growth
    • ​03:43 - Diligence issues: incremental dollars stop working, blending organic and paid
    • ​05:08 - Compounding advantages and creator-led organic loops
    • ​06:36 - Evaluation framework: what is special, then what actually drives growth
    • ​08:29 - Why pace of execution matters in fast-moving AI markets


    Links & resources

    Guest

    John Connolly — Managing Director, Spectrum Equity

    spectrumequity.com

    LinkedIn


    Mentioned

    Otter

    Kajabi

    Teachers Pay Teachers


    About Frank Growth

    Frank Growth is a podcast about how companies actually grow - real operators, real constraints, real decisions.Hosted by Jason Shafton.


    Promotional links

    • ​Work with Winston Francois: https://wf.team/podcast
    • ​Subscribe / Follow Jason: https://www.linkedin.com/in/jasonshafton/
    Show More Show Less
    15 mins
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