This week on the program, Justin and Jon talk about:
A friend, whose SaaS has grown 300% since the beginning of the quarantine. They just hit $6k in MRR.
At that stage, he's in the "almost but not yet."
You're either:
Brainstorming how to make money faster
Brainstorming how to work less
Different stages:
Pre-launch stage: you're working on your product on the side. It's fun! There's nothing stealing your time and attention because you don't have customers yet.
The beta stage: still pretty fun! You have a few customers who are using your product, and maybe paying you money.
The "launched" stage: now, you have way more users. Now you're doing way more customer support, responding to feature requests.
How much did we work when we were building Transistor?
Jon figures we spent 45 to 60 hours a week (each).
Jason Calacanis’ tweet): "It takes 100 hours per week to build a business!"
Josh Wood: "At Honeybadger, we work 30 hours per week)."
Margin gives you the opportunity, as a founder, to live beyond your keyboard. To engage with the world.
Sandy Hudson (Sandra & Nora podcast)): "The quarantine gave people the time and space to wrestle with the current moment."
"As your little baby Rails app grows up, you can't just run everything on the same service."
"The whole internet is just patchwork of pipes and duct tape."
You can reply to this podcast here:
★ Bootstrapper shout-out of the week:
Thanks to our monthly supporters:
Thanks to our monthly supporters
Pascal from sharpen.page
Rewardful.com
Greg Park
Mitchell Davis from RecruitKit.com.au
Marcel Fahle, wearebold.af
Bill Condo (@mavrck)
Ward from MemberSpace.com
Evandro Sasse
Austin Loveless
Michael Sitver
Colin Gray
Dave Giunta
*Want to start a podcast on Transistor? Justin has a special coupon for you: get 15% off your first year of hosting: *transistor.fm/justin)