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Sagar Kogakar

๐Ÿ‘ค Speaker
152 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Hopefully, I mean, never say never, but we've got a very firm kind of goal structure, the product development structure that we have in place.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

And we kind of, we know that where we want to go in the next one or two years in terms of functionalities.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

And we want to stick right there.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

We don't want to, you know, dilute anywhere else.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

I didn't I didn't get you.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

I won't be able because there is significant expenses as well in terms of hosting security.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

About 30 to 40 percent.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

We kind of reinvest in the business.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

We're doing a lot of research as well.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Because like, for instance, freelancing by 2027, about majority, 50.9% of the Americans would probably venture into freelancing.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

you know, and that's going to be the trend all over the world as well.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

So we want to have, we want to do a lot of research on each profession, how they, you know, kind of use invoicing, how they use estimates, learn from their, you know, processes, and then kind of adapt it into bill books.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

I wasn't before them.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

I think they came in 2006.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Well, to be honest, initially when we started in 2011, our business model was not right.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

It was paper invoice.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

And although we had large customers, we still couldn't get those revenues in because people were hardly paying us anything.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

And we still believed in that model for quite a long time until now, in fact.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

And that's when we made a, you know, it was kind of a mistake that we believed in that model and we kind of prolonged it too long.

SaaS Interviews with CEOs, Startups, Founders
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

And these guys picked it up pretty well because they're well-funded.