[SaaS Club] Bootstrapping from Zero to a $200 Million Exit

Hey Reader

I hope you're doing well.

Here's a quick round up of what's been going on at SaaS Club:

Podcast

Bootstrapping from Zero to a $200 Million Exit

In 2012, Patrick cashed out his 401K to start his SaaS company.

He recently sold that business to Paddle for $200 million.

In this episode, we chat about:

• How Patrick bootstrapped his business with a personal runway of 9 months and managed to get enough traction in that time to keep the business going.

• How he figured out the right positioning for his product so he could effectively compete with well-funded competitors that were building sexier-looking products.

• Why Patrick feels that bringing on part-time co-founders was one of the biggest mistakes he made and how that created an incredibly difficult situation for many years.

It's a great interview and Patrick talks openly about several mistakes and regrets that he hasn't talked about publicly before.

It'll give you great insights into the reality and challenges of what's often really going on behind the success story headlines that we often read about.

I hope you enjoy it.

Listen to the full podcast episode


Planorama Design

You know that your customers need to experience the value of your SaaS product quickly, or they're not going to stick around.

So creating a great user experience is critical for every SaaS product. But the reality is that many SaaS companies struggle with UX design.

That's why Planorama Design offers professional UX & UI design services that reduce the complexity and make your SaaS product more intuitive to use.

Their team of experts will work with you to deliver UX & UI designs so your dev team can implement it right the first time.

Learn more about Planorama Design


Book of the Week

This week's book recommendation is from Patrick:

High Output Management by Andy S. Grove

Why did Patrick recommend this?

"I read the book at least twice a year. I used to read it four times a year. It's so good for not only management but also understanding like how to train and how to go after that group of people who make or break your business, which is your middle management core. And so I think that's, that's, it's a really powerful book to read."

Around the Web

Tweet of the Week

Interesting tweet from TechCrunch:

"On the heels of news that the U.S. venture capital market's third quarter was far from catastrophic, it is becoming clear that while startup investment has slowed, it's still a great time to build a software company..."

Let's Get Social
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Have a great week!

- Omer


P.S. whenever you're ready, here are 3 ways I can help you:

1. Group Coaching: Do you need coaching for an affordable price? Join me for live coaching calls every 2 weeks, access the archive of recordings, and more.

2. 3-Month Bootcamp: Need more help getting to your first $10K revenue? You will get 10 weeks of training, live group coaching, email support and more.

3. Private Coach/Advisor: Want to work directly with me? I'll help you get the clarity & focus needed to execute confidently and get breakthrough results.