7:20 small business marketing approaches that work a bit better than social media 8:45 risky stuff like product, marketing and sales should be focus on founder. Actual code is not usually a risk 9:30, 11:40 never outsource talking to customers and product strategy, or marketing and sales before 3 million ARR. 0->1 has to be you 12:40 IC marketing roles Can be hired early if you have money, not marketing strategy though 21:05 recurring traffic that pipes to recurring revenue is a big secret to fast growth. Only focus on getting one thing to grow at a time.
@El_Diablo_12Ай бұрын
18:14 front loading cash is great when you're bootstrapping. You get a bunch of cash up front, helping keep you in business.
@El_Diablo_12Ай бұрын
19:50 all the negative consequences of a second product
@El_Diablo_12Ай бұрын
7:00 why money is awesome 9:00 why indie hacking based freedom is tenuous - selling your business is where you lock in your freedom 11:00 seeing higher levels of wealth around you 25:55 the problem with unmaintainable code
@El_Diablo_12Ай бұрын
8:10 doing something else than marketing and selling what you’ve already built can often be a distraction
@El_Diablo_12Ай бұрын
17:00 equity value of SaaS 29:30, 32:00 the difficulty and power of going into the sales side, and really building those relationships and be out there
@El_Diablo_12Ай бұрын
$615M Exit bootstrapped, that is eye popping. Looking forward to listening to this one!
@El_Diablo_12Ай бұрын
It was really good, thanks for sharing Jeff 👍
@Gigawattt2 ай бұрын
A course is a course, of course of course…
@alexander_ci2 ай бұрын
In terms of pricing, I’ve spent a whole lot more on college classes that didn’t teach anything. So $500 seems fair to me given the context you’ve provided around this, I’m definitely looking forward to it
@RobWalling2 ай бұрын
Awesome, I appreciate the sentiment and I would agree 😀
@Notepad1232 ай бұрын
30:23 this is extremely relatable lol. Relieving to hear that someone that’s made it was once in the same position.
@Notepad1232 ай бұрын
Listening again. This was so motivational.
@El_Diablo_122 ай бұрын
Good timestamps in description 14:10 the allure of acquisition offers for SaaS companies
@Notepad1232 ай бұрын
I like these when it’s just you talking solo!
@andyp15102 ай бұрын
First
@El_Diablo_122 ай бұрын
17:10 stages of business growth. Product -> business -> company
@El_Diablo_122 ай бұрын
25:00 around 3 million ARR
@Gigawattt3 ай бұрын
18:18 I feel ya man. My kids didn’t want to code either… until my oldest started college and was majoring in graphic design (which she enjoys, is very good at and won awards throughout high school for). But after a year of college she figured out on her own how much graphic designers make vs. her friends who were software engineering majors. She switched to software engineering her sophomore year 😂 Sometimes they just gotta learn things from the world and not Dad.
@Gigawattt3 ай бұрын
Also, totally agree about AI and No-Code: I had an amazing 6th grade teacher (in, ahem, 1978). When we complained, telling her “They have electronic calculators now! Why do we need to learn to do math on paper?” She had the greatest come-back. “Somebody is always gonna have to program the calculators!” Forty-five years later, she’s still right!
@Notepad1233 ай бұрын
I like this solo videos a lot!
@BC-rz7zu3 ай бұрын
Great stuff!
@Gigawattt3 ай бұрын
Always sounds funny to me to hear you talk about the episode in the past tense in the intro Rob 😄 - Love the podcast, and great guest!
@keithwallace73274 ай бұрын
What a massive resource this report is. Thanks so much. Looks like quite a bit of work. Would love to contribute to the next one.
@RobWalling4 ай бұрын
🙌🏻
@derrickduplessy2154 ай бұрын
I would love a follow on to this episode on how you prioritize your Q3 or any quarter.
@Gigawattt4 ай бұрын
Rich people problems. Your housekeepers, errand runners, multiple coaches, advisors… Sorry just can’t relate. Wish I could, but I hope when I make that much money I don’t stop mowing my lawn.
@RobWalling4 ай бұрын
Lets call it successful entrepreneur problems.
@El_Diablo_125 ай бұрын
8:40 declining after an offer of 30 million
@El_Diablo_125 ай бұрын
1:30 money leads to freedom 12:20 think in decades 25:30 savings and stocks are not a way to get wealthy in a significant way 27:20 diversified stocks are a good way to maintain and grow wealth. Not to make wealth 29:00 invest in things you have an edge in. Don’t be the sucker newbie who’s getting taken advantage of 30:00 Robb when he was in hustle mode
@El_Diablo_125 ай бұрын
9:00 what price range they sold for 12:50 spotting the opportunity because of unique outlook as an engineer
@Gigawattt5 ай бұрын
It’s a Trilogy, followed by a Prequel 😂
@Gigawattt5 ай бұрын
I can’t see the Art! This is KZbin? Where’s the visuals?? Lol
@RobWalling5 ай бұрын
LOL...I need more budget to afford visuals 🚀
@Gigawattt5 ай бұрын
Maybe don’t play over a minute of ads before even starting the intro to the actual content?
@alexander_ci5 ай бұрын
Valuable episode Rob! Thanks for putting it together
@RobWalling5 ай бұрын
👊🏻
@bramburn5 ай бұрын
Thanks Rob to be on it and not giving up on publishing
@RobWalling5 ай бұрын
🙌🏻
@parrampampam6 ай бұрын
The titles are clipped on these. Do you use some automatic tool to publish them?
@RobWalling6 ай бұрын
Yep!
@cocoarecords6 ай бұрын
🎉
@WillMcCartneyAI6 ай бұрын
banger
@coderlicious65656 ай бұрын
On the subject of the benefits of keeping a day job - I used to really want to quit my day job and take a chance on some idea that I had no idea it would work or not. Im glad I'm in Generation X, and having just turned 58. I'm literally going to just spend the next four years researching forums and groups and take my time on validation... when I hit 62, goodbye job, I'm going to take social security and just devote all my free time to come up with something. Even if it's just a $500-1k/month business, that will supplement my income and the gov't lets you keep that and not penalize you. But there will no pressure to succeed ( which to me increases odds )
@Gigawattt6 ай бұрын
“I’m 8 years old, the youngest of four kids. Everyone orders me around, I want to order something around. So learned how to speak BASIC to my Apple computer to do it” lol best programmer origin story ever. Also, same as mine (youngest of 3, tho and mine was an ATARI)
Did you include your income from TinySeed in #3 “Angel Investing”? or #2 “Running Profitable Companies”? (…or has it not produced any income 😮 😂 yet)??
@RobWalling7 ай бұрын
I would include it in "running profitable companies." I only included my personal angel investments in the angel investing category.
@Gigawattt7 ай бұрын
Need link to hire Cory in the show notes!
@pandaculture61817 ай бұрын
hahahahahhaha
@Gigawattt7 ай бұрын
I’d say, since most startups fail, yeah. “Most” developers will do better financially, _on average_ by just collecting a salary. But in terms of learning, freedom and fulfillment, even wannapreneurs do better than worker bees 🐝
@demonotizedinstantly7 ай бұрын
Can't believe of ALL places, I got hit with April fools here, did not see that coming lmao
@RobWalling7 ай бұрын
LOL, see if I did this every year you would be expecting it 😂
@Gigawattt7 ай бұрын
Oh thank goodness Rob finally pivoted to recommending people bootstrap low-priced b2c and 2-sided marketplace SaaS businesses! I so didn’t want to have to learn SEO and {shudders} …Marketing and ugh, Sales!
@jamesnicholls71397 ай бұрын
😂😂😂
@sourabhR4ikwar7 ай бұрын
You really got me...😂😂😂
@RobWalling7 ай бұрын
Heh, awesome 😂
@FranzAllanSee7 ай бұрын
The first 11 minutes is a treasure trove of wisdom! No need to listen beyond the 11th minute mark 😂
@RobWalling7 ай бұрын
🙌🏻🙌🏻
@siwakotisaurav7 ай бұрын
I'm dumb, took me 5 mins to realize this is April fools.... I was like why is Rob of all people reconsidering B2C : |
@RobWalling7 ай бұрын
😂😂
@Gigawattt7 ай бұрын
Totally fell for it!
@k2257 ай бұрын
Achieving success with "hard work, luck and skill" is not an original concept. It's a sentiment that has been expressed by many different people over time, as it reflects a common understanding of the factors contributing to success. It's a common theme in motivational and self-help literature, as well as in personal anecdotes and advice. Similar sentiments can be found in writings dating back centuries. Philosophers, writers, and thinkers throughout history have emphasized the importance of diligence, opportunity, and talent in achieving success. Prior Art: 1994, Cambridge University Press, UK - Commerce and Community: Paths to Success "combination of hard work, luck and skill at building reputation and relationships" 1998, Edmonton Journal, Canada - "Scoring goals is hard work, luck and skill" 2007, Chicago Tribune, US - "[F-22 demo pilot achievement] kind of a combination of hard work, luck and skill" 2011, Sports Commentary, US - "Winning takes an even blend of hard work, luck and skill" 2014, Income & Equality, Singapore - "[Those who achieve higher income] usually have it because of hard work, luck and skill" 2014, Game Development - "requires a large amount of hard work, luck and skill to pull off"
@Ke_Mis7 ай бұрын
Hm, Rob personally I think "Hard work, luck and skill" are to me very generic terms as well. Saying that you "invented" this "framework" is kind of off-putting. I don't want to sound like a hater. I enjoy the Philosophy you generally have with bootstrapping. So this is just a side note. You can of course ignore it if you think this is not relevant to you.
@chasely7 ай бұрын
Yeah I agree with the overall premise of learning from history, but laying claim to the concept of working smart, hard, and getting lucky is a bit much.