Build Your SaaS

Transistor.fm
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Dec 31, 2019 • 15min

What happens tomorrow?

Justin does a solo New Year's Eve episode where he shares:Then (Jan 1, 2019) vs now (Jan 1, 2020)Justin's tweet: "Going all-in on Transistor in 2019!"Advice for new founders: "What products get bought every day?"Every day, millions of people wake up and buy a cup of coffee.Every day, there are people who wake up and sign up for web hosting.Will there be people lining up tomorrow morning to buy your product? And the next day?What's still going to be true tomorrow, six months from now, three years from now?★ Thanks to our sponsors:Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Get one month free when you use coupon code BUILDYOURSAAS. postmarkapp.com/loves/buildyoursaasClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.You can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Dec 24, 2019 • 38min

A Christmas Eve SEO scare

Justin and Jon talk about:What's happened this year."You shouldn't be worried about that, but you should be worried about THIS."The SaaS gold rush: “Building, Owning (& possibly Selling) a profitable remote SaaS business is the new American Dream.” – Tyler TringasIt’s harder to get the American Dream these days. “Productivity has increased by 80 per cent, but median compensation (that's wages plus benefits) has risen by just 11 per cent during that time. The middle-income jobs of the nation's postwar boom years have disproportionately vanished. Low-wage jobs have disproportionately burgeoned.” – Harold Meyerson, 40-year slumpMore companies will take a stand on privacy: they’ll stop using Google Analytics, Facebook Ads, etc...Privacy-focused companies like Fathom Analytics will become more popular.Profitable SaaS companies + wealth founders will turn their attention to climate changeLess open startups.Simon Bennett tweet: "Unfortunately, I am stopping publishing SnapShooter numbers from now on."Small retreats > conferences★ Thanks to our sponsors:Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Get one month free when you use coupon code BUILDYOURSAAS. postmarkapp.com/loves/buildyoursaasClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.Show notes:Tyler Tringas tweetThe American Prospect: 40-year slumpArt of ProductBootstrapped WebBootstrapping SaaSBootstrapping DigestProduct JourneyBright & EarlySanitycheck.ioStripe: “Stripe’s commitment to decarbonize”Shopify: “We need to take action on carbon”You can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Dec 17, 2019 • 42min

Should you build an audience first?

Justin is interviewed by Noah and Ben from the Product Journey podcast:Should you build an audience first?Why finding the right market is the first filter you should use on your idea.Justin also shares some stuff he's changed his mind about this past year.★ Thanks to our sponsors:Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Get one month free when you use coupon code BUILDYOURSAAS. postmarkapp.com/loves/buildyoursaasClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.Show notes:Product Journey Ep 14Wired: This economist has a plan to fix capitalism. It's time we all listenedCorey Gwin: demonstrated demandTweet: dirt flavored tacosNathan Barry: The ladders of wealth creationYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Dec 10, 2019 • 44min

How did we do on last year's predictions?

Jon and Justin talk about:The new corporate condo in the french alps,Crazy to think about where we were last year when we recorded this episode.Spotify's growing market shareWhat happened to our dynamic content feature?A big rant about Apple Podcasts★ Thanks to our sponsors:Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Get one month free when you use coupon code BUILDYOURSAAS. postmarkapp.com/loves/buildyoursaasClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.Show notes:Article: 2019 podcast predictionsYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailDavid ColganRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Dec 3, 2019 • 38min

What should we do in 2020?

Jon and Justin talk about:American ThanksgivingIs it better for a product to be simple?The benefits of having a "smaller menu."Why we started a private podcast for our advisors and trusted friends"My opinion is you need to grow fast and become THE platform for managing your podcast. Consider raising venture money."But, if we add investment money and a bunch of employees, and then our company is no longer simple.Tired before the holidays; a break will be good.What should we do with this show in 2020?Should we rebuild the customer dashboard using Tailwind?★ Thanks to our sponsors:Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Get one month free when you use coupon code BUILDYOURSAAS. postmarkapp.com/loves/buildyoursaasClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.Show notes:Video: Thanksgiving LA trafficPodcast: Happiness Lab: Episode 8Restaurant: Louis' Lunch (their menu only has 8 items)Transistor's private podcast featureProgressive Web AppsTailwind CSSYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailDavid ColganRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Nov 26, 2019 • 40min

Why we stopped sharing our revenue numbers

Jon and Justin talk about:New albums from DJ Shadow and BeckWhy we aren't sharing our revenue metrics publicly anymore"Sometimes, you can worry more about your public image, more than actually focusing on the problem in a safe place."Why did Buffer stop sharing their revenue numbers?Three questions we ask:Who is this for?What is it for?How will we evaluate success?New podcast analytics features"The numbers on their own don't really mean anything."★ Thanks to our sponsors:Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Get one month free when you use coupon code BUILDYOURSAAS. postmarkapp.com/loves/buildyoursaasClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.Show notes:New Beck album: Apple Music and SpotifyNew DJ Shadow album: Apple Music and SpotifyPeter Suhm's tweetOpen Startups on BaremetricsWhy Buffer stopped sharing revenue metricsListen Notes' podcast statsYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailDavid ColganRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Nov 19, 2019 • 41min

Throwing computers off a tall building

Jon and Justin talk about:A stressful Rails 6 upgrade (and how it broke the app).We often use data to make decisions, but we don't often examine the underlying data we're using to make decisions.How do we know if our marketing efforts are effective?"What's happened to your data since last quarter?""If a billion people are listening, but not reacting, does it matter?"★ Thanks to our sponsors:Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Get one month free when you use coupon code BUILDYOURSAAS. postmarkapp.com/loves/buildyoursaasClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.Show notes:Justin's tweetstorm about using data.Libsyn's quarterly financial results.Facebook inflated video viewsDaniel Ek (Spotify) interviewYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailDavid ColganRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Nov 12, 2019 • 41min

Why did this take so long?

Jon and Justin talk about:The launch of the new marketing site: transistor.fmBuilt using Statamic CMS and with Tailwind CSSGot tons of help from Jack McDade, Adam Wathan, Ben Furfie"Tailwind is really nice. I have to hand it to Adam."Why working in tandem is better than working independently.DAYLIGHT SAVINGS TIME. NO.What's the next thing we're going to focus on?★ Thanks to our sponsors:New: Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Get one month free when you use coupon code BUILDYOURSAAS. postmarkapp.com/loves/buildyoursaasClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.Show notes:New website: transistor.fmReplies on TwitterReplies on Indie HackersReplies on LinkedInStatamic CMSTailwind CSSDerrick Reimer tweetUncle Bob tweetWhat would happen if BC, Washington, California stop using Daylight Savings?The Verge: Why Daylight Savings time is hot garbageYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailDavid ColganRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Nov 5, 2019 • 42min

Desktop life

What's new with the Transistor team?Justin has a Halloween candy hangover.Desktops vs laptops for dev work.Transitioning from your personal equipment and software to stuff the business pays for.Where are we in our Shape-Up cycles?Our new marketing website is suffering because it's "un-shaped work."The benefits of working with a partner."I'm realizing how single-threaded human beings are."What does Jon think of Tailwind CSS?At what stage of a customer's business lifecycle should you get them as a customer?How many customers did we get because Basecamp switched to us?"Make software that will be worth using for ten years."New features - how should we communicate those to customers?★ Thanks to our sponsors:New: Postmark. Postmark delivers your transactional email to customers on time, every time. You'll love their lightning-fast email delivery and developer-friendly features. Check out their new podcast: postmarkapp.com/podcastClubhouse. Guess who's back? Clubhouse is the first project management platform for software development that brings everyone together. It's designed for developers, but product folks, marketing, support folks love using it. Now it's free for teams up to 10 people. clubhouse.io/build.Show notes:Zoom H4NLeaked images from the 16" Macbook ProNew Transistor marketing site (unreleased)Current Transistor marketing siteWhy you need a co-founderMultiple computing threadsBootstrapped Web: product brain vs marketing brainTailwind CSSBasecamp switched to us (episode)Rework podcast: some marketing things they're going to tryFeature announcement newsletterHow WebSub for podcasts worksYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:New: Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailDavid ColganRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Michael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellPostmark – use coupon code BUILDYOURSAAS to get a free month of sendingClubhouseGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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Oct 29, 2019 • 55min

Limitless growth!

This is a heavy one! Let us know at @buildyoursaas if you listen to the whole thing.On a micro-scale many folks believe "how much MRR is enough?" is a silly question, because, in our current global economic model, your business has to keep growing (or it will eventually die). (CHURN will kill you)But on a macro-scale, our economic system relies on perpetually increasing:resource extractionpopulation growthenergy usage(Not sustainable)As founders, it's hard enough to wrestle with the "normal" issues, much less wrestle with existential questions. But this is the kind of stuff that keeps me up at night..."To succeed is to destroy ourselves. To fail is to destroy ourselves. That is the bind we have created." – George Monbiot (Guardian article)A remember Paul Hawken having a brighter take when I read "The Ecology of Commerce" years ago while I was taking my undergrad. I should read it again.“Social theorists often take just one of these moments and view it as the “silver bullet” that causes all change. We have technological determinists (Tom Friedman), environmental determinists (Jared Diamond), daily life determinists (Paul Hawken), labor process determinists (the autonomistas), class struggle determinists (most Marxist political parties), institutionalists, and so on and so forth.”Budgeting over time:Early: we spent as little as we couldWhen we went full-time (April and July): still be lean, but investing in more toolsNow: realizing (maybe) its better for us to invest in tools, infrastructure, equipment? Also: better to pay ourselves more?Profit first:We started with: 50% salaries, 15% saved for taxes, 5% profit, the rest expensesMaybe we need to move to: 60% - 70% salaries?★ Thanks to our sponsors:ActiveCampaign. Get the world's most advanced marketing & sales automation platform. Use the code activecampaign.com/buildyoursaas and get two months free + 2 free One-on-Ones!Honeybadger. A web developer's secret weapon! Modern error management that gives you more than an email and a backtrace. They also have an amazing podcast: FounderQuest.Show notes:Tweet threadGuardian articleWhy is economic growth important?Interview with Patagonia’s founderRich Roll interview with Pat BrownPaul Hawken's book: the Ecology of CommerceYou can reply to this podcast here:Leave a comment on PodHunt; it's like Reddit, but for podcasts.Leave a comment on Breaker, the podcast app for iPhone.Interact on WhatPods.Otherwise, get us on Twitter: @transistorfm or email us: mail@transistor.fmThanks to our monthly supporters:New: Eric LimaJames Sowers with UserInput.ioTravis FischerMatt Buckley, from Nice ThingsRussell BrownEvandro SassePradyumna Shembekar (PD)Noah PrailDavid ColganRobert SimplicioColin Gray alitu.comJosh SmithIvan CurkovicBrian Rhea (Pronounced “Ray”)Shane SmithAustin LovelessSimon Bennett Corey HainesMichael SitverPaul Jarvis and Jack EllisDan Buda danbuda.comDarby FreySamori AugustoDave YoungBrad from CanadaSammy SchuckertDan EricsonMike WalkerAdam DuVanderDave Giunta (JOOnta)Kyle Fox GetRewardful.comProfitWellActiveCampaignHoneybadgerGetRewardful.com Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★

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