I often find myself trapped in the stories I tell myself. This week, I switched out the payment system of my SaaS PermanentLink. This is a critical part of my business, so I expected the actual coding part to be a high-pressure activity. After all, if I mess up the account management logic, paying customers … Continue reading SaaS, Self-Talk, and Many Small Bets
Author: Arvid Kahl
Arvid Kahl is a software engineer turned entrepreneur. He co-founded and FeedbackPanda, an online teacher productivity SaaS company, with his partner Danielle Simpson. They sold the business for a life-changing amount of money in 2019, two years after founding the business.
Arvid writes on TheBootstrappedFounder.com because bootstrapping is a desirable, value- and wealth-generating way of running a company.
In over a decade of working in startup businesses of all sizes, Arvid has learned a thing or two about what works, what doesn't, and how to increase the chances of building a successful business.
Audience Graduation
A third-grade math teacher is particularly good at teaching one specific audience: third-grade math students. Every year, a new group of students appears, and they receive a top-notch math education. Private math tutors, however, have to teach students of all ages. They have to educate a very diverse group of people, using many different educational … Continue reading Audience Graduation
Lifetime Deals and SaaS Businesses
If there is one polarizing topic in the bootstrapped SaaS space, it's running lifetime deals for a subscription business. Founders either love the idea of offering a one-time-payment for "forever access," or they hate it. It's right up there with the question, "should you take venture capital funding?" — an equally divisive topic. Michael Aubry … Continue reading Lifetime Deals and SaaS Businesses
The Goals of Audience-Building
Too many people see audience building as a means to an end: they expect to build a following of people that are just sitting there, waiting to be sold something. The goal of this very limited audience-building approach is to find as many potential sales targets as possible, sell to them, and that's it. I … Continue reading The Goals of Audience-Building
The Shape of a Problem in the Wild
The wonderful thing about humans is that they have a hundred different ways to talk about their dreams, desires, needs, and challenges. No two people will talk about their experiences the same way. Thankfully, we can group these messages into several easy-to-recognize categories while we observe our potential customers in their communities. Here's an important … Continue reading The Shape of a Problem in the Wild
On Re-Using Content
Creating valuable content is hard. Producing it reliably is even more challenging. Many creators are holding themselves back by believing that they need to create original work at all times. They think that re-using content is a cardinal sin. I believe differently. There is incredible value in re-using your content. There is a misunderstanding of … Continue reading On Re-Using Content
Audience Discovery: The Importance of Budget
When founders are looking for that perfect target audience for their business, they often get many things right. They pick audiences that they know intimately, that have interesting problems to solve, and that they really care about helping. However, I see too many founders struggle with a vital part of the Audience Discovery process: making … Continue reading Audience Discovery: The Importance of Budget
What founders can learn from Twitch streamers about building in public
I'm an avid Twitch viewer. While writing, coding, or just researching, I quite often watch someone playing video games. I could play those games myself, but I wanted to spend time on my projects without dedicating my full attention to a game. Twitch allows me to participate in the gaming experience without losing my focus. … Continue reading What founders can learn from Twitch streamers about building in public
The Emotional Journey of a Bootstrapped Founder: Fear of Disappointing Your Customers
Over the last few weeks, you will have noticed that I have started talking more about the emotional impact of entrepreneurship. I talked about impostor syndrome, people cloning businesses, the loss and grief of selling a business, all topics that most people keep quiet about. I remember keeping quiet about this myself a few years … Continue reading The Emotional Journey of a Bootstrapped Founder: Fear of Disappointing Your Customers
When Your Business Gets Cloned
This week, I ran into a Tweet by Mike Rubini, who had found that not only his product Groouply had been cloned, but the person behind copying his Facebook group monitoring tool had put up a comparison page, trashing Mike's product. That made Mike wonder if he should stop building in public. It's an alluring … Continue reading When Your Business Gets Cloned
