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Phil Liu

๐Ÿ‘ค Speaker
320 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

So there's a lot of people trying the product.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

And some of those will churn, and that's a good thing, right?

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

Because we cannot be a solution for everyone.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

So if I only look at churn, it's not really the real picture because the one people I want to serve, those people do not churn.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

And that's you have through conversation, right?

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

I would say even six months ago, I would have said, I'm not sure I'm even product fit.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

I'm not even sure.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

Right now, we're starting to feel we're at that point because the conversation we have, the range of people that are really, really satisfied and loving it

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

is larger.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

Like, I would say like a year ago, it was like, I'm not sure, like some really love us, some hate us, right?

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

But right now, like that range has expanded.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

And I feel like the conversation I have is mostly like people really satisfied with it, as opposed to a year ago.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

If I just look at the data, I never really feel that I could have a real definitive answer.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

It's like, oh, trend rate, but I don't know, right?

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

Actually, I don't know.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

Yep.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

No.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

So sometimes if you're, if you're building something like you're building it, it's, it's, you know, the best, the best way for you to collect data is just have your ear on the ground and be talking to customers.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

And there's nothing wrong with that.

SaaS Interviews with CEOs, Startups, Founders
How To Bootstrap to $1m with VC Funded Competitors With Just 4 People

Talk to me about, look, most SaaS companies are not profitable.