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Nikhil Aitharaju

๐Ÿ‘ค Speaker
134 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

So we're looking at optimizing it.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

But then I think I need to look into other channels than Google Ads because Google Ads can only get you X number of customers.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

So we need to look at other channels that are more Facebook or Instagram or other channels.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

Churn's pretty high right now.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

It's around 5%, 5% to 7% monthly.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

And yeah, that's because I think last year we were doing a bunch of random things.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

We also launched OpenAI GPT-3 integration.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

That really got us a lot of customers, but then people realized that we're not going to be generating content for you, like an entire long-form content.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

So they churned.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

So I think...

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

Right now we're trying to figure out our ideal customer and then sort of zero in on that.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

Agencies or content teams are going to be our ideal customers.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

Yeah, there is a path.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

We are going to be experimenting with that.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

We're going to be launching some full-time products to see if we can unlock that potential.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

But there is a path.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

We got to see if it's going to work out or not.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

Yeah, so that's a good question.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

So when we exited the company in 2018, Filestack actually bought us out.

SaaS Interviews with CEOs, Startups, Founders
How UseTopic Bootstrapped to $20k in MRR in 12 Months

And we were looking to work on new ideas.