Starting a SaaS business with no money is hard, but not impossible. In this episode, we are sharing the audio from one of our recent YouTube videos in which Rob outlines what steps you should take if funds are tight but you have a great SaaS product idea.
You may want to consider startup funding options, but that's not always necessary, so in this video I'm going through what you can do to get started today in tech, startups and SaaS business - even with a shoestring budget.
Watch the original video here: https://youtu.be/huyDp-zWpxg
Links from the pod:
Rob's article on the Stair Step Approach to Bootstrapping:
https://robwalling.com/2015/03/26/the-stairstep-approach-to-bootstrapping/
Bootstrapper's Guidebook to Outside Funding
According to our 2021 State of Independent SaaS report, nearly 30% of founders said they were actively considering some form of outside funding. To help understand the options, we have recently released the Bootstrapper's Guidebook to Outside Funding. Check it out at microconf.com/funding-guide
Staying sane as an entrepreneur is not always easy. In this episode, Rob talks with Sherry Walling to chat about the habits of successful entrepreneurs. This episode is sponsored by our Alternative Financing Partner, Pipe. Do you need growth capital to scale, ramp up your marketing, and acquire new customers? Pipe turns your recurring revenue into up-front growth capital within as little as 24 hours of being connected. Pipe is a two-sided trading platform for recurring revenue that connects you directly to the capital markets. Simply sign up for free, securely connect your billing, banking, and accounting software with a couple of clicks, and Pipe will provide you with a trading limit in as little as 24hrs. Select the amount of capital you need, click trade, and get cash in your bank instantly. No 30 page business plans or founder due diligence - just growth capital based on the health of your business - perfect for time-strapped bootstrappers. You can use your Piped revenue to grow your sales team, boost ad spend, and scale however you see fit. Pipe is growth on your terms. And right now, MicroConf listeners get trading fees waived for 12 months which could save you tens of thousands of dollars depending on the size of your business and the volume you trade. Sign up at http://www.pipe.com/MicroConf to start trading today. Topics covered: [3:45] Habit #1: Have a sense of intentionality in how you work [6:45] Habit #2: Focus- avoid Shiny Object Syndrome [7:45] Challenge with focus is the shadow side of a great entrepreneurial strength [10:15] Habit #3: Invest in relationships [13:45] Habit #4: Have something else to care about [15:45] Getting better sleep & ‘turning off’ after a day of work [16:45] Habit #5: Be willing ...
The hosts of the SaaS Podcast Award nominated Software Social Podcast join Rob to chat about all things SaaS, early stage marketing strategies, and more. https://microconfonair.com Michele Hansen @mjwhansen Co-founder of Geocodio @geocodio, A geocoding SaaS, which she and her husband started in 2014. It started as a side project and she went full time in 2017. She is co-host of Software Social Podcast, which was nominated in several categories for MicroConf's 2020 SaaS Podcast Awards. She also recently launched a free newsletter about customer research for bootstrappers. Colleen Schnettler @leenyburger Colleen is a Ruby on Rails consultant. She has spoken at both RailsConf and RubyConf, and loves being part of the developer community.She recently launched her first product - https://www.simplefileupload.com/. You can hear all about her journey launching and monetizing a software product on her podcast - Software Social. She's a mother and a military spouse and loves chatting about all things software and business. When did you start your show, and why? Have you received any benefit from having a podcast, or is it just for fun? How long do you plan to share revenue on the show? How much time (and money) do you dedicate to the podcast outside of the time "on air"? How do (did) you foster a growth mindset? How did you develop the mindset to ship things without the need for immediate payoff? MicroConf Connect ➡️ http://microconfconnect.com Twitter ➡️ https://twitter.com/MicroConf E-mail ➡️ [email protected] MicroConf 2021 ...
Everyone wants the formula, the recipe, the framework that says how to make the magic happen. Well here you have it. With The Dinner Party Strategy you can now confidently create an email onboarding strategy for your trial customers. In less time than it takes a hipster bartender to make your locally sourced craft cocktail, you'll get the simple 6-part framework that builds connection, adds value, and drives revenue for your brand. https://microconf.com MicroConf Growth 2017 #microconf #microconfgrowth2017 #microconf2017 MicroConf Connect → http://microconfconnect.com Twitter → https://twitter.com/MicroConf E-mail → [email protected] MicroConf 2020 Headline Partners ► Stripe https://stripe.com Twitter → https://twitter.com/Stripe ...
