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SaaS Interviews with CEOs, Startups, Founders

1199 Bootstrapping your way to your first $10k in MRR

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 5 November 2018

⏱️ 16 minutes

🧾️ Download transcript

Summary

43yo engineer, married, 3 children, living on a farm in North Denmark.

Built up a top App agency from 2008 with 15 employees and produced over 120 apps for top danish companies. Sold the company and co-founded PRE.DO to help companies to capture, create overview and progress on ideas from their employees.

Transcript

Click on a timestamp to play from that location

0:00.0

Just go for it. He built a very successful agency, built over 100 applications for folks in Denmark

0:04.8

throughout Europe and throughout the world, got sick of the professional services models,

0:08.9

sold that company for more than a million dollars, but less than $5 million. Now doing software,

0:13.2

launched pre-dot in 2017, focused on helping you capture your team's ideas, organize them,

0:20.1

understand where duplicate ideas exist and put them under kind of one thought bubble.

0:25.0

They've got two people so far, him and his founder,

0:27.2

and then one part-time intern along with three other interns under them,

0:30.7

again doing about five customers currently paying 450 bucks a month,

0:34.0

so about $2,200 bucks in revenue,

0:35.7

supporting themselves off setup fees currently,

0:37.9

but they're looking, obviously, to move away from that.

0:40.8

This is the top entrepreneurs podcast where founders share how they started their companies

0:46.8

and got filthy rich or crash and burn.

0:52.1

Each episode features revenue numbers, customer counts, and other insider information that creates

0:59.0

business news headlines.

1:01.0

We went from a couple hundred thousand dollars to $2.7 million.

1:05.0

I had no money when I started the company.

1:07.0

It was $160 million, which is the size of any IPOs.

1:10.0

We're a bit strapped.

1:11.0

We have like 22,000 customers.

1:14.9

With over 5 million downloads in a very short amount of time,

1:19.2

major outlets like Inc are calling us the fastest growing business show on iTunes.

...

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