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Tyler Austin

๐Ÿ‘ค Speaker
194 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

So I feel good about it.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

So we have a base plan of $49 a month that has a restriction, a lot of restrictions in it.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

And then we have a $99 a month and then a $299 a month.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Our sweet spot, our average from where our customers are sitting, a lot of them are in that professional plan.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

We did some adjustments to get a lot more people in that mid-tier plan at $99 a

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Um, but I would say a good, a good split and spread is, uh, 25% in essentials.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Um, you know, 45 to 50% in that professional plan and another, you know, 25 to 35% in that business plan.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Oh yeah.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Yeah.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Our poo is about a hundred, a hundred bucks a month.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

So we, I officially called it REI SIFT in like February of 2019, I believe.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

We pre-launched and I did a YouTube video and ended up getting like 50 customers that paid us before there was any product.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

And so that got us to about 2,500 or so MRR.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

And we officially launched in September of 2019.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Sorry, 2,500 or 25,000 in MRR?

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

2,500 in MRR.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Okay.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Yeah.

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

And so then, so that got us,

SaaS Interviews with CEOs, Startups, Founders
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

there.