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AI, 10 Years To An Overnight Success & The Magic of Zero

Many bootstrapped founders build in public on Twitter.  

However, most stop at a certain point when the tradeoffs start to outweigh the benefits. 

It is rare to see a bootstrapped founder, who has been building in public for years, share the story and process of selling their SaaS for $300,000. This thread is worth a read

Here's what we're covering this week:

  • 5 lessons from getting hacked 

  • Running an M&A process as a SaaS founder

  • The illusion of productivity 

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No-Code SaaS Mistakes, CAC Calculations & AI For Customer Support

Does your SaaS need to be SOC 2 compliant? 

SOC 2 is a security framework defining how software companies should manage, process, and store customer data. It was developed by the American Institute of CPAs and is based on the Trust Services Criteria (TSC) in 2010.  

And if you are thinking about moving upmarket and selling to larger companies, chances are, this is a question you're likely thinking about. 

The process of becoming SOC 2 compliant can be time-consuming and expensive, but this checklist can help.  

Here's what we're covering this week:

  • No-code SaaS mistakes 

  • Calculating CAC 

  • How to increase your exit price 

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New SaaS Ideas & Second Order Revenue

The best SaaS ideas are often hiding in plain sight. 

Case in point. 

You can find many ideas in the third-party marketplaces of existing SaaS products, from building a better mouse trap to a third-party app that already exists to creating a new third-party app that addresses a problem that you stumbled into mining platform and third-party app reviews. 

Regardless of which approach you take, finding an idea and then building on top of one of these 75+ third-party marketplaces can be a great step one business since you already have a built-in potential customer base. 

Here's what we're covering this week:

  • 5 things SaaS founders should know about AI 

  • SaaS sales trends 

  • Marketing attribution modeling 

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AI Tips For SaaS Founders, Finishing Projects & Sales Trends

Do you struggle to finish projects that you start? 

If so, you are not alone. 

Aaron writes in this essay the last 10% of a project is always the hardest to complete. It's easier to just give up and start a new project instead. However, seeing something through to the end is where the satisfaction and triumph really live.

Here's what we're covering this week:

  • 5 things SaaS founders should know about AI 

  • SaaS sales trends 

  • Marketing attribution modeling 

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MicroConf MicroConf

Selling Your SaaS & The Illusion of Productivity

Many bootstrapped founders build in public on Twitter.  

However, most stop at a certain point when the tradeoffs start to outweigh the benefits. 

It is rare to see a bootstrapped founder, who has been building in public for years, share the story and process of selling their SaaS for $300,000. This thread is worth a read

Here's what we're covering this week:

  • 5 lessons from getting hacked 

  • Running an M&A process as a SaaS founder

  • The illusion of productivity 

Read More
MicroConf MicroConf

Top SaaS Books, A Predictable Growth Framework & Customers' Willingness To Pay

Struggling to find new customers and grow your SaaS? 

Here is a predictable growth framework that may help you attract high-quality leads, build authority, optimize your sales funnel, engage website visitors, and boost conversion rates. 

In this talk from MicroConf Europe 2022, Marc Thomas shares this framework along with hard-earned lessons from scaling his own startup and helping hundreds of other SaaS companies achieve rapid growth. 

Here's what we're covering this week:

  • Must-read SaaS books 

  • 3 types of willingness to pay  

  • Fixing website conversion drops  

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MicroConf MicroConf

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? 

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