Startups For the Rest of Us

Episode 717 | Bootstrapping to $1.3M ARR and 300,000 Free Users

15 snips
Jun 11, 2024
Marie Martin, co-founder of Tally, shares insights on bootstrapping her company to $1.3M ARR with 300,000 users. She discusses how Tally keeps customer support low and differentiates itself from other form builders. The conversation explores their unique pricing strategy and effective cold outreach within no-code communities. Marie emphasizes the importance of simplicity and user experience in product design while highlighting the challenges of transitioning free users to paying customers.
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ANECDOTE

Tally's Success

  • Tally has 300,000 users, 4,500 paying customers, and $1.3M ARR.
  • The team consists of two co-founders and a part-time support person.
ADVICE

Minimizing Support

  • Keep products simple to reduce support volume.
  • Invest in documentation and tutorials for self-service support.
ANECDOTE

Cold Outreach for Free

  • Marie and Phillip did cold outreach for months to get initial users, even though Tally was free.
  • An early user offered to pay, even though there was no paid plan yet.
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