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Tom Wright

๐Ÿ‘ค Speaker
119 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

But yeah, what we do, like when we look at our revenue forecast, we think

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

we can continue to grow roughly at the pace we are, which is about 150, 200% for the next year or two with that current model.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

After that, we're pretty confident that we will hit a, um, a little bit of a ceiling in terms of what inbound can do.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

And it's at that point that we'll need to come up with really solid, uh, you know, kind of like cost per acquisition model involving salespeople.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

Yeah, so we're 100% bootstrapped.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

So we put in about 50K of kind of like founder loan and then forced us to get to profitability pretty quickly, which in B2B is a lot easier than B2C.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

Yeah, that's great.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

So you're profitable today.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

I mean, strictly speaking, we've been profitable from the end of the first year.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

Um, obviously, you know, wafer thin and that we, we put it all back in.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

Um, it's a constant balancing act, but, um, yeah, we, we've deliberately avoided taking any loans or financing or capital or anything like that so far.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

I don't read any, even though people constantly tell me I should.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

That's okay.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

Kind of similar to the first one, if I'm really honest.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

There's small ones that you would never have heard of.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

Name an unknown one.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

So there's a guy called Steve Retka who runs a startup here in Australia.

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

What's the startup?

SaaS Interviews with CEOs, Startups, Founders
1678 How He Helps 1000 Companiees Measure Straetgy, Bootstrapped, $450k in MRR

So they're called Venture Camp and they basically, they help other startups grow their revenue models really, really quickly.