Episode 676 | Exit Valuations, Choosing Between Ideas, and More Listener Questions

Startups For the Rest of Us

Rob Walling

Entrepreneurship, Management, Business, Marketing

4.9 • 819 Ratings

🗓️ 29 August 2023

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode 676, join Rob Walling for a solo adventure where he answers more listener questions. He answers questions around the inflated valuations in the B2B SaaS market, choosing between ideas, and validating a SaaS idea before building. Rob wraps up evaluating the effectiveness of building a podcast or YouTube following prior to launch. Topics we cover: 0:56 – TinySeed applications for fall 2023 batch 1:42 – The Future of MicroConf announcement event 2:13 – Why are B2B SaaS valuations so high? 10:43 – Choosing between two software ideas 15:02 – Don’t start a two-sided marketplace 17:04 – Do my “Stair Steps” have to be related? 19:47 – Co-founder equity splits and founder agreements 24:56 – Idea validation techniques 28:02 – Starting a podcast to building an audience Links from the Show: The SaaS Playbook TinySeed Future of MicroConf The UpFlip Podcast 27. How to Build a Thriving Software Company (From Scratch) Quiet Light, Empire Flippers, FE international Castos Productions Nolo, Rocket Lawyer, Lexgo Slicing Pie Episode 671 | Working on What Matters, Left-handed Threads, and Being Lucky (A Rob Solo Adventure) The Stair Step Method of Bootstrapping Traction by Gino Wickman Hacking Growth by Sean Brown, Morgan, Ellis 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 |

Transcript

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0:00.0	Okay, so I built an app, how do I market it?
0:02.4	Or I have a landing page.
0:03.5	You see a build a landing page.
0:04.4	How do I get people to it?
0:05.8	And I don't mean to poke fun at those questions, but that's like saying, I'm a startup founder.
0:10.1	What should I know about being a startup founder?
0:12.1	Everything. I love the smell of startups in the morning.
0:31.1	I'm your host Rob Walling, and this is startups for the rest of us.
0:34.0	In this episode, I go through listener questions covering topics like current B2B
0:40.0	SaaS valuations and why some people are holding out for those 2021 inflated valuations,
0:46.2	how to pick one idea to start building, choosing between two ideas with pros and cons,
0:51.7	whether to start a podcast to build an audience, and more. Before we dive into the
0:56.5	episode, I have two announcements for you. The first is that Tiny Seed applications for our fall
1:01.8	2023 accelerator batch will be open from September 4th to the 16th. We are funding companies
1:08.8	in two batches. We have our Americas and our Emia bats,
1:12.7	that's Europe, Middle East, and Africa. And if you have at least $500 in MRR,
1:18.0	and you're looking for the perfect amount of funding, as well as world-class mentorship you can't
1:23.3	get anywhere else, and a tight-knit community, unlike any you've been part of. Head to tiny seed.com
1:29.5	slash apply. If it's from September 4th to the 16th, applications will be open and you can apply
1:34.3	there. Usually takes about 10 minutes. If they're not open, you can enter your email to be notified
1:38.4	when we open the doors. I hope to see your application. And my second announcement is that while
1:43.4	some of you might have spent the summer vacationing
	...

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