Hey Rob!

As a Boostrapper, you know how important MRR and Growth are while balancing your Churn and LTV for the success of your business.. Well, we have found some really cool insights in the 2024 State of Independent SaaS Report that I think you'll find super helpful! 😊


MRR & Growth: 
 

• 💸 27.59% of businesses have an MRR between $1,000 and $4,999, while 16.04% fall into the $5,000 to $14,999 bracket.
• 📊 The majority of  businesses (29.70%) experience a month-over-month growth rate between 1% and 4%.

• 📉 40.84% of businesses have an average monthly revenue churn between 1% and 2.9%, while 18.32% have a churn rate between 3% and 5.9%.
• 🌟 In terms of Customer Lifetime Value, 19.82% of businesses report an average LTV between $1,000 and $2,499, and 18.02% have an LTV of $7,500 or more.

By keeping a close eye on these essential metrics, you'll be able to make informed decisions and take your bootstrapped SaaS business to the next level. 🚀 To dive deeper into the world of SaaS metrics, be sure to check out the full 2024 State of Independent SaaS Report. 👀

🎧 What's Playing?

8 SaaS Myths Founders Should NEVER Fall For 🙅

Episode 724 | Managing Managers, Breaking Through Plateaus, Thoughts on EOS, and More Later-Stage Listener Questions

📰 Bootstrapper News

Check out a few articles, blog posts, and alerts from around the web featuring stories that bootstrapped entrepreneurs need to know. 

• 📈 Chris Orlob on X (formally Twitter) shares a thread of SaaS sales demos
   
• 💡Why SaaS Ideas Don't Matter
   
• ⚗️Experimental History - So you wanna de-bog yourself?
   
• 📖 How to Find the Right Programmers: A Brief Guideline for Startup Founders

Don't miss out on the latest news and lively discussions. Join our community of over 6000 founders and be part of something bigger!

That's all for this week misfits!  We'll catch you next week!

***
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