#41 Bootstrapping Your SaaS From Zero to $3MM in ARR in Less Than 2 Years with Ankit Dudhwewala

09/15/2020

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This episode is sponsored by Preppr, a visual planning and publishing tool of content on social media channels like Instagram, Facebook and Twitter.

https://preppr.com

https://balsamiq.com/go/saas-district/

Ankit is the Co-Founder of Appitsimple Infotek, CallHippo & SofttwareSuggest, he’s an experienced entrepreneur, Marketing Lead, Salesman & head of Growth, most notably Ankit has bootstrapped his first Startup from concept to profit in less than 2 years.

During this interview we cover:

00:00 – Preppr | Collect Likes While Sleeping (A Word From The Sponsor)
01:02: – Intro
01:52 – The Need For Finding The Right Software
03:28 – Building & Launching SoftwareSuggest in 45 Days While Working Full Time
04:47 – The Decision Behind Bootstrapping Software Suggest
06:51 – Paying The Building Engineers on Equity
08:32 – Launching CallHippo VS Doubling Down on Software Suggest
11:12 – Strategies to Reduce The Payback Period on Both Startups
12:32 – Learnings of SoftwareSuggest for CallHippo Launch
16:54 – Key Metrics For a SaaS Owner of 2 Startups
21:05 – How to Structure Capital & Where to focus Budget for Bootstrapped Startups
22:43 – Hiring Critical & Non-Critical Roles
25:52 – User Churn Management for Bootstrapped Startups
30:45 – Building an MVP Quickly or Focus Efforts on Perfecting the Product
33:45 – Ankit’s most bullish Industry for a New Venture
36:03 – Get in Touch with Ankit
36:34 – Outro