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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

Yeah.

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

I put about 40% of it in my tax account and then I distribute the rest.

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

So there's a few things.

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

So this year I've kind of looked at my teams across the board and I've decided to do raises on everybody in the company in general, 5% minimum raises.

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

And then outside of that, I distribute most of it to me personally because of my objective and where I want to go with the company and me and my own investments in the real estate side.

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

Um, so, uh, basically the way that I look at it is, is, uh, you know, I want to incentivize the team.

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

I want to make sure that they're, they're feeling committed in there that they want it.

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

Um, but what I've also started to do is, um, gave everybody a tech budget now too, as well.

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

So we didn't have that originally.

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

So everybody has a $5,000 tech budget that they can use for their home offices and everything else.

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

Um, and then in addition to that, um, we're trying to, uh, create

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

other bonus programs like holding back 2% of our revenue monthly as well for at the end of the year doing something bigger for the whole team and stuff like that.

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

So we're trying to really build that out.

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

We just hired a head of people ops to really focus on a lot of that core culture because we have a really good product culture.

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

But we were kind of lacking on internal company culture.

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

So we're really trying to focus on that right now.

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

Yeah, no, people in Brazil will as well.

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

So part of it is our in-person.

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

So we're working to really try.