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- How This CMO Built a 60% Word-of-Mouth Acquisition Engine - Matt Daly - EARLY RELEASE
How This CMO Built a 60% Word-of-Mouth Acquisition Engine - Matt Daly - EARLY RELEASE

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EARLY RELEASE
How This CMO Built a 60% Word-of-Mouth Acquisition Engine
In this candid conversation, DroneDeploy's Chief Marketing Officer Matt Daly pulls back the curtain on what it really takes to build and scale a successful construction technology company.
From his journey co-founding StructionSite through the strategic merger with DroneDeploy, Matt shares hard-won insights about navigating the complex world of reality capture, AI automation, and serving the notoriously conservative construction industry.
In this episode, you’ll:
Discover why 60% of DroneDeploy's new customers come from word-of-mouth and how to build that network effect into your product
Learn the three critical jobs every CEO must master: capital acquisition, talent acquisition, and resource allocation
Understand when to pursue venture capital vs. growth equity (and why most construction tech companies should consider the latter)
Get Matt's battle-tested hiring framework that eliminates bad hires before they happen
Hear why the "Cambrian explosion" of construction point solutions is ending and what consolidation means for your business
Learn how AI is finally delivering on the promise of automated insights (and why it's happening now, not two years ago)
Chapters
00:00 - Introduction and DroneDeploy's robotics platform
03:38 - The StructionSite-DroneDeploy merger: Why consolidation was inevitable
07:29 - The reality capture market shakeout: Who survives the point solution explosion
13:37 - The future vision: Unified, automated, intelligent reality capture
21:33 - Ground robotics cost collapse: From $100K to $15K and what it means
26:28 - Customer personas: GCs, trades, and owners - who pays and why
34:02 - Lessons from SmartTrack: When specialization goes wrong
44:23 - Capital strategies: VC vs. growth equity and why timing matters
49:08 - The three keys to executive hiring that most founders get wrong
51:01 - Resource allocation: The 80/20 rule for product expansion
58:51 - The word-of-mouth acquisition engine that drives 60% of new business
01:00:24 - AI revolution in reality capture: What's possible now vs. two years ago
01:03:24 - Pricing in the AI era: Why construction software might get cheaper
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