16 Lessons I Learned Building a Million Dollar Startup 📈

แชร์
ฝัง
  • เผยแพร่เมื่อ 21 ส.ค. 2022
  • Building or scaling a startup? Here are 16 lessons I learned building a million dollar software business. Growing a startup over $1M in revenue isn’t an easy feat, but by learning these lessons faster and avoiding these costly beginner mistakes, growing your SaaS or software business wont be as hard!
    Watch more videos like this: 👇
    Top 10 Avoidable Mistakes SaaS Startups Make: • Top 10 Avoidable Mista...
    Starting a SaaS Business? Here's Your Winning Go-to-Market Plan: • Starting a SaaS Busine...
    Bootstrapping VS Venture Capital - What Is The Right Move?: • Bootstrapping VS Ventu...
    Links mentioned in this video: 👇
    State of Independent SaaS Report - microconf.com/state-of-indie-...
    MicroConf Connect- microconfconnect.com
    Stair Step Approach to Bootstrapping- robwalling.com/2015/03/26/the...
    TinySeed, the MicroConf Fund + Accelerator: Pre-Seed Funding for B2B SaaS Businesses. - microconf.com/tinyseed?...
    The Bootstrapper’s Guide to Outside Funding: The Top 5 Funding Options for Bootstrapped SaaS Founders from Pre-Seed to Venture Capital - microconf.com/funding-guide?u...
    📈 SUBSCRIBE: th-cam.com/users/microconf?sub...
    Welcome to MicroConf - Where Independent SaaS Founders Launch, Meet, Learn, and Grow! MicroConf is the world’s most trusted community for bootstrapped SaaS founders.
    MicroConf is a community of SaaS founders that brings together bootstrapped and independently-funded B2B SaaS companies who are not looking to chase “unicorn status'' or venture capital.
    We provide SaaS training, education and networking opportunities for other founders who are pre-product, focused on scaling their business, and looking for an exit strategy.
    MicroConf began almost a decade ago. Since then, we’ve hosted 19 events with nearly 200 speakers, helped thousands of attendees, and impacted tens of thousands more through our videos and online community.
    Ready to take your SaaS startup to the next level? Check these out:
    In Person Events: microconf.com/upcoming-events
    Digital Events: microconfremote.com
    Mastermind Matching: microconf.com/masterminds
    Let’s Connect...
    Website: microconf.com/
    Facebook: / microconf
    Twitter: / microconf

ความคิดเห็น • 37

  • @MicroConf
    @MicroConf  ปีที่แล้ว

    Top 10 Avoidable Mistakes SaaS Startups Make: th-cam.com/video/8Jjb7fPV6PQ/w-d-xo.html

  • @rafaelmelope
    @rafaelmelope ปีที่แล้ว +28

    00:20 Start with a problem
    01:40 Validate before building
    02:50 Market as you code
    03:44 Consider a slow launch
    04:58 Be willing to pivot
    06:09 Stair Step
    07:02 Look for despised competitors
    07:47 Audience is good but network is better
    08:32 Growth is expensive
    09:41 Success is a combination of hard work, luck and skill
    10:57 A great team is a superpower
    11:47 Fire yourself
    12:22 Don’t be scared of funded competitors
    13:15 Raise funding for lightning in the bottle ideas
    13:51 Be wary of your startup competitors
    14:24 Recurring revenue is very valuable
    15:56 The hardest part of being a founder is managing your own psychology

    • @rafaelrpdev
      @rafaelrpdev ปีที่แล้ว +2

      Very good, boss! Nice comment 👏You'r awesome!

  • @dmiradakis
    @dmiradakis ปีที่แล้ว +4

    You make GREAT videos, but this one is one of my FAVORITES ever. One day I’ll make it to Micro Conf and talk about how my little micro-SaaS I’m building now ends up working out, and I’ll mention this video.

    • @MicroConf
      @MicroConf  ปีที่แล้ว +1

      Thanks so much, Danny.

  • @SteveBoyer10
    @SteveBoyer10 ปีที่แล้ว +7

    These videos are getting better and better. Thanks for continually pushing forwards on the podcast and the TH-cam channel. I hope to attend an in-person MicroConf someday. Cheers from SLC, Utah.

    • @MicroConf
      @MicroConf  ปีที่แล้ว

      Glad you like them! Thank you for watching, Steve.

  • @Saleh.T
    @Saleh.T ปีที่แล้ว +5

    Been watching all your videos and others on microconf, love the content, thank you for sharing

    • @MicroConf
      @MicroConf  ปีที่แล้ว

      Thank you for watching!

  • @bramburn
    @bramburn ปีที่แล้ว +1

    Just started re-listening to your podcast. Couldn’t put a face to the voice . 😊

  • @MrTonyradford
    @MrTonyradford ปีที่แล้ว +1

    Nice. Thanks

  • @Jack-fb3kn
    @Jack-fb3kn ปีที่แล้ว +1

    Love this content so helpful for my startup

    • @MicroConf
      @MicroConf  ปีที่แล้ว

      Great to hear!

  • @PatrickRams
    @PatrickRams ปีที่แล้ว +1

    The information on this video, outstanding...I have to save it and come back to it again,great work Rob🙌

    • @MicroConf
      @MicroConf  ปีที่แล้ว +1

      Glad you enjoyed it! Thanks for watching, Patrick.

  • @mitchhills1244
    @mitchhills1244 หลายเดือนก่อน

    Great content. Subscribed!

    • @MicroConf
      @MicroConf  หลายเดือนก่อน

      Awesome, thank you!

  • @MichaelWilliams-lo3ix
    @MichaelWilliams-lo3ix ปีที่แล้ว +1

    Brilliant

    • @MicroConf
      @MicroConf  ปีที่แล้ว

      Thank you, Michael

  • @bramburn
    @bramburn ปีที่แล้ว

    Nice

  • @ffewf62
    @ffewf62 ปีที่แล้ว

    Very useful advice.
    How many people do I need to approach about an idea before I should abandon. I'm getting luke warm reception and generally just ignored. My product idea saves time, improves engagement, feedback and makes the customer money. That's the pitch. I haven't written any code this time, trying to get prior market approval before building the MVP.

    • @MicroConf
      @MicroConf  ปีที่แล้ว

      Hey Returns Tracker, there isn’t a specific number, but I would aim at getting in touch with maybe 30-40 people who you think would be a great fit for your product. Also, during this early stage of validation it’s important to be asking the right questions. If you haven’t already, I’d suggest checking out the my book Start Small, Stay Small and The Mom Test by Rob Fitzpatrick.

  • @bramburn
    @bramburn ปีที่แล้ว

    In regards to validation; what if it’s a tool for your own business and employees?

    • @Saleh.T
      @Saleh.T ปีที่แล้ว +1

      Validation is proving that a % of interested others will stay and continue your product. Not just yourself. It’s good initial validation, but are there enough like you out there to also agree with you?

    • @bramburn
      @bramburn ปีที่แล้ว

      @@Saleh.T been building my app and doing interviews with people to keep going. it looks like there a year's worth of work to be done right now, I'm only able to afford 30-1hr everyday and some more time on the weekend to build. IF I take a month or two out it would surely be done, but for now I'm working on interviewing other people to see if they are interested while spending my evenings working on the tasks for the internal of the company.

    • @MicroConf
      @MicroConf  ปีที่แล้ว

      Scratching your own itch is one way to get some validation, however, as S T points out, it’s only a starting point. I’ll be touching on this in my next episode of Startups For the Rest of Us. Make sure you are subscribed in your favorite podcast app- www.startupsfortherestofus.com/

    • @bramburn
      @bramburn ปีที่แล้ว

      @@MicroConf thanks mate, I am already. I have devoured a lot of your content and some of your interviewees other videos as they have golden nuggets of information on where I was stuck.

  • @ogbillity
    @ogbillity ปีที่แล้ว

    How did you create all these animated texts?

    • @MicroConf
      @MicroConf  ปีที่แล้ว

      Hi Peter, our team is using Adobe Premiere and After Effects to create these videos.

    • @ogbillity
      @ogbillity ปีที่แล้ว

      @@MicroConf thank you

  • @Aria_Jaki
    @Aria_Jaki ปีที่แล้ว

    Hi, sir I'm from India 🇮🇳 an I'm a Bsc (Hon's) Agriculture graduate.
    but I want to switch my career into SDR b2b Saas .,...... so it's a good option to choose ? plz tell me sir

    • @_DheerajYadav_
      @_DheerajYadav_ ปีที่แล้ว

      It's all depends on your risk taking capability. There's 95% chance it's not going to be your final job option, rest depends on execution.

    • @Aria_Jaki
      @Aria_Jaki ปีที่แล้ว

      @@_DheerajYadav_ sir kya aap Totally explain kar sakte ho

    • @MicroConf
      @MicroConf  ปีที่แล้ว

      Hi Aria, without knowing more about you, your skillset, and your situation, I can’t really give you specific advice here. That said, learning sales is a great skill that you carry with you throughout your career.

    • @Aria_Jaki
      @Aria_Jaki ปีที่แล้ว

      @@MicroConf Tq for the Advice sir 🙏

  • @troooooper100
    @troooooper100 ปีที่แล้ว

    i had to slow down this video

  • @marcesmack
    @marcesmack ปีที่แล้ว

    Great video! I wrote to contact Tinyseed but I didn't got any reply just yet ...