
This is a heavy one! Let us know at @buildyoursaas if you listen to the whole thing.On a micro-scale many folks believe "how much MRR is enough?" is a silly question, because, in our current global economic model, your business has to keep growing (or it will eventually die). (CHURN will kill you)But on a macro-scale, our economic system relies on perpetually increasing:resource extractionpopulation growthenergy usage(Not sustainable)As founders, it's hard enough to wrestle with the "normal" issues, much less wrestle with existential questions. But this is the kind of stuff that keeps me up at night..."To succeed is to destroy ourselves. To fail is to destroy ourselves. That is the bind we have created." – George Monbiot (Guardian article)A remember Paul Hawken having a brighter take when I read "The Ecology of Commerce" years ago while I was taking my undergrad. I should read it again.“Social theorists often take just one of these moments and view it as the “silver bullet” that causes all change. We have technological determinists (Tom Friedman), environmental determinists (Jared Diamond), daily life determinists (Paul Hawken), labor process determinists (the autonomistas), class struggle determinists (most Marxist political parties), institutionalists, and so on and so forth.”Budgeting over time:Early: we spent as little as we couldWhen we went full-time (April and July): still be lean, but investing in more toolsNow: realizing (maybe) its better for us to invest in tools, infrastructure, equipment? Also: better to pay ourselves more?Profit first:We started with: 50% salaries, 15% saved for taxes, 5% profit, the rest expensesMaybe we need to move to: 60% - 70% salaries?★ Thanks to our sponsors:ActiveCampaign. Get the world's most advanced marketing & sales automation platform. Use the code activecampaign.com/buildyoursaas and get two months free + 2 free One-on-Ones!Honeybadger. A web developer's secret weapon! Modern error management that gives you more than an email and a backtrace. They also have an amazing podcast: FounderQuest.Show notes:Tweet threadGuardian articleWhy is economic growth important?Interview with Patagonia’s founderRich Roll interview with Pat BrownPaul Hawken's book: the Ecology of CommerceYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: [email protected] to our monthly supporters:New: Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailDavid ColganRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Corey HainesMichael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellActiveCampaignHoneybadgerGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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