Episode 622 | Making Hard Product Decisions & Growth vs. Profitability with Derrick Reimer

Startups For the Rest of Us

Rob Walling

Management, Entrepreneurship, Business, Marketing

4.8 • 792 Ratings

🗓️ 13 September 2022

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode 622, join Rob Walling and fan favorite Derrick Reimer, the founder of SavvyCal, as they discuss topics like balancing profitability versus growth and deciding which features to build and not. They chat about some specific features that Derek has decided to build, those he has not decided to build, and the thought process behind them. Topics we cover: 4:02 - Making product decisions 9:22 - Deciding on what features you are not going to build 19:12 - When to reply to debates on Twitter 27:42 - Twitter’s newsletter feature 31:40 - Derrick’s perspective on balancing profitability vs reinvesting in the business 43:10 - Is Rob scratching his maker itch by being an investor in companies through TinySeed, or is he missing building SaaS businesses? 46:29 - Should Rob join TikTok? Links from the Show: Derrick Reimer @derrickreimer I Twitter SavvyCal Applications for TinySeed’s Fall 2022 SaaS Accelerators Are Now Open MicroConf Youtube Channel High Signal If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you. Subscribe & Review: iTunes | Spotify | Stitcher

Transcript

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0:00.0	Welcome back to another episode of Startups for the Rest of Us.
0:03.1	I'm Rob Walling, and today I'm joined by fan favorite Derek Rimer.
0:06.9	He's the founder of SaviCal, and he and I have known each other now for 12, 13 years.
0:12.1	And this is a good episode of just discussing several topics related to building SaaS, balancing profitability versus growth, deciding which features to build and not.
0:23.2	We go into some very specific features recently that Derek has decided to build and those he
0:29.6	has not decided to build and then the thought process behind him. And I really like doing case
0:35.1	studies like this because you'll hear in the episode, you can just hear
0:38.3	the thought process of an experienced and very gifted product thinker. And I hope that that's
0:45.0	enlightening for you today. If you're an early stage SaaS founder or someone maybe who isn't
0:49.3	as far along in terms of making product decisions, it's deciding what do we build a knot and how do we
0:54.5	build it because learning from someone like Derek about how to do those things is always a good
0:59.9	idea. Before we dive into that, I wanted to let you know that applications for Tiny Seeds next
1:05.4	batch are now open. They're open for about the next two weeks. If you're the founder of a bootstrapped or mostly
1:12.7	bootstrapped SaaS company doing anywhere from $500 MRR and up, and you might be interested in a small
1:20.2	amount of investment and a large amount of mentorship and advice, head to tiniseed.com slash apply
1:26.6	for more information and to apply for this batch.
1:29.6	We are hosting batches in the Americas time zones as well as the European time zones.
1:35.3	Head to tini-c.com to learn more and apply.
1:38.2	In addition to that, we are now up to 957 worldwide ratings in Apple Podcasts. It would be amazing if you have never given us that
1:47.7	five-star rating. You don't have to write a review. You can just click five stars. Some recent reviews
1:52.0	include J.R. Cahattal, who says this is exactly what I was looking for. Cycling Steve from the
1:57.2	UK. He says every episode is jam pack with action will a device. Rob is very grounded.
	...

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