Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

David Abakhnikov

๐Ÿ‘ค Speaker
152 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Like Q1 is the highest, Q4 is the lowest.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

And I can tell you that students in general won over a million dollars in scholarships last year.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

We paid, you know, like the brands that are publishing scholarships paid to us a million dollars.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Or to the college depends on the kind of specific scholarship and so on.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

But generally, yeah, we wire it out to the recipient, whatever is the student directly or the college depends on the specific scholarship.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

So we have over like we have around 20,000 students now on the premium.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Okay.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

And those are the ones that are paying on the premium side.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

So I can say the total revenue of last year was 6 million in total.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

So we're aiming for 10 million this year.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

No, the focus is more to work with more and more companies and scale that side of the business.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

No, we're 100% bootstrapped.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Yes, I see your smile.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

So me and my partners own 100% of the business.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

And FounderPath actually helped us a lot.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Like what...

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

I'll walk you a bit through the lifecycle.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Every student that comes to the platform, they get a seven-day free trial of the premium features.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

So we get our consumer audience from many different channels.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

It used to be quite a bit from Google, but with all the changes that happen with ad networks, we scale Google down, and we make most of our traffic from affiliate networks, from all kinds of promotions, from running scholarship campaigns ourselves, and so on.