From $31K to $1M & Building In Public
Can building in public expose more risks than potential benefits?
This approach is celebrated by many bootstrapped founders for its values of transparency, generosity, and community engagement.
However, as Arvid Kahl points out in this excellent podcast episode, it isn't a one-size-fits-all approach. Here are some cases where you absolutely shouldn't try to build in public.
Here's what we're covering this week:
From $31k to $1M
SOC 2 Compliance Checklist
Shopify for SaaS?
📺 Featured on the MicroConf Youtube Channel
I Turned $31k into $1,000,000 Flipping This SaaS Product…
I turned $31k into $1M after flipping this SaaS product. Here's how I did it...
🎙 New On Startups For The Rest Of Us
In episode 662, join Rob Walling for a solo listening adventure where he talks through the key factors to consider in an acquisition, whether to sell a business for five years of runway and knowing when to move on from a SaaS app you built.
👉 Listen here
🚀 3 SaaS Resources To Check Out From Around The Web
Going upmarket and doing enterprise sales requires a different skill set. You need to get good at deal-making and negotiation.
SOC 2 compliance is a necessity for selling to enterprise companies. However, it can also be a massive undertaking. Here is a SOC 2 checklist to make the process a little easier.
Why isn’t there a well-known “Shopify for SaaS” yet?
🎟 Upcoming MicroConf Events
MicroConf Local: Toronto I June 15 I Sign Up Here
1 - 3 October - MicroConf Europe 2023
⭐️ This edition of The Micro is brought to you by Quiet Light Brokerage . . .
Quiet Light Brokerage is an entrepreneur-led organization that assists people with growing, buying, and selling online businesses. Through relentless honesty, a refined process, and a "serve first" approach, Quiet Light has built a strong network of like-minded entrepreneurs. Founded in 2007 and built on relationships, the more conversations we have and more people we help, the more our goals and our client's goals are achieved. We have found this takes real-life experience so we hire only entrepreneurs who have built, bought or sold their own significant online business.
Each of our entrepreneurs-turned-Advisors have real-life experience in the e-commerce, SaaS and content world. Each represents their own listings from beginning to end, and works with the entire team behind the scenes to share and benefit from each other's experiences. We would love the chance to talk to you about your goals for your business and offer a free valuation, regardless of your intention to sell.
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If you are interested in sponsoring The Micro, drop us a note at sponsors@microconf.com!
