Million Dollar Exits Ep.4 with Arvid Kahl: How to Succeed in Bootstrapping a Business

Apr 10, 2023

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Welcome to the fourth episode of “Million Dollar Exits” - a special series brought to you by The Build In Public Podcast.

This episode features Arvid Kahl, co-founder of FeedbackPanda - an online teacher productivity SaaS company, that he and his partner built, bootstrapped to $55k MRR, and sold in under two years.

In this interview, Arvid shares his bootstrapping expertise and in-depth knowledge on topics such as:

• Arvid’s thoughts on why just a few founders choose to bootstrap

• Growth-to-Profitability shift and current market trends

• Train Theory: a founder’s long-term journey

• The benefits and the pressure from bootstrapping

• How to deal with failures in business

• What changed after Arvid reached 100k Twitter followers

• Arvid's journey in building FeedbackPanda 5 years ago vs. how he would have built it now

• Tips on how to find a great SaaS idea

• Arvid's advice on scaling a startup from 0 to 1,000 MRR and then to 55k MRR

• The importance of building reputation with your customers

• Considerations in pursuing a bootstrapped business

• The theory of invalidating ideas

• Mistakes and lessons from his bootstrapped startup

• Arvid's advice for people with the same aspirations

Million Dollar Exits is a special podcast series that uncovers insider stories and actionable lessons with founders who went from an idea to 7-figure exits.

It is a special segment within the Build In Public Podcast - an interview show where KP chats with ambitious startup founders, CEOs, and top Internet creators to unpack their stories, insights, and lessons.

Shoutout To Our Episode Sponsor:

Paralect is a venture studio built to design, build and launch a product for you that is ready to sell in under 2 months. Start with no-code or go full-stack right away.

Visit their website: https://www.paralect.com/?utm_source=milliondollarexits

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Thanks for listening! Would love it if you can spread the word and share this with your friends/peers on Twitter/LinkedIn/other platforms.

Links:

Arvid’s Twitter: https://twitter.com/arvidkahl

Arvid’s website: https://thebootstrappedfounder.com/

KP’s Twitter: https://twitter.com/thisiskp_

KP's YouTube Channel: https://www.youtube.com/c/KarthikPuvvadaKP