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Sam Saltis

๐Ÿ‘ค Speaker
149 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

I did a six-city tour to have a look around at all the other cities, and I did land in the Valley.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

I mean, I can go into it, but I went into LA, and everyone wanted to be my friend, and I didn't understand that when I just met them.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

I went to San Francisco and the Valley, and everyone wanted to sell my business or buy my business.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

And then I went into Chicago, and I felt the tech community was a bit lacking.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Lex, New York was my second choice.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

And I went to Dallas and my Uber driver had open carry guns.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

So I figured that wasn't for my daughter.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

And so the answer is that I felt there was a real balance between what I call talent, the people to help me with my business,

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

investment, which I may need in the future, but when the time is right for real accelerated growth, and then business, real business.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

I felt that the West Coast, I was unable to really tap into significant businesses that could use my product and make the most of it.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

So we do less than 5% a year.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

in revenue churn.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Good question.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Yeah, in revenue churn.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

And the reason for that generally is people don't understand the value proposition or we're not good enough at explaining the revenue and delivering as far as saying to people, hey, this product allows you to scale.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

You never have to replatform.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

And people still think the old concept of design, build and destroy.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

No, I haven't.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Actually, that's a really good point.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Oh, wow.