Lessons learned bootstrapping and selling a $55k p/m SaaS - Arvid Kahl, TheBootstrappedFounder
In this episode I speak with Arvid Kahl, who sold his SaaS, FeedbackPanda, for a life-changing amount of money in 2019, two years after founding the business and growing it to $55k a month. Arvid writes on TheBootstrappedFounder.com because bootstrapping is a desirable, value- and wealth-generating way of running a company. He's written the book Zero to Sold and more recently, The Embedded Entrepreneur which at the time of recording was called Audience First, which you'll hear us reference in the episode.
Arvid Kahl is a software engineer turned entrepreneur. He co-founded and FeedbackPanda, an online teacher productivity SaaS company, with his partner Danielle Simpson. They sold the business for a life-changing amount of money in 2019, two years after founding the business. Arvid writes on TheBootstrappedFounder.com because bootstrapping is a desirable, value- and wealth-generating way of running a company. In over a decade of working in startup businesses of all sizes, Arvid has learned a thing or two about what works, what doesn't, and how to increase the chances of building a successful business.
Get the full, 60 minute conversation with Arvid here with the Indie Feast membership.
What we covered in this episode:
Get the full, 60 minute conversation with Arvid here with the Indie Feast membership.
What we covered in this episode:
- The Feedback Panda story
- Was the ambition to sell the company from the start?
- What Indie Hackers can learn from Zero to Sold
- What happens once you sell a business?
- Why settle on the format of a book?
- Why didn't Arvid make his book free?
- How to find a critical problem in a market that's willing to pay
- Tips for going into a crowded market
- How to to find your audience
Recommendations
- Book: The Mom Test
- Podcast: Indie Hackers
- Indie Hacker: Sergio Mattei
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