Miklas Refuses to Build Software Without Existing Market Competitors
Michael Miklas · Startup Acquisition Stories with Michael Michelis, Co-founder of Intelistyle · Nov 8, 2022 · at 11:58
Michael Miklas, founder of Intelistyle and creator of a micro-SaaS Shopify app, discusses product strategy and market validation with Andrew Gazdecki.
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“I would never go into building something without a competitor trying to educate the market.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
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“When I decided to build something for micro acquired, I had no idea what was going to be. So it was like, I'm going to spend some time finding a nice problem, solve it build something, and then in the end sold it.”
Miklas: Sold Shopify application for over 3x ARR on MicroAcquire
“At the end I sold for three something.”
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“From the beginning I had structured the entire infrastructure like that. So I had like separate AWS account, separate Shopify account separate hosting web hosting. So everything had a separate account. So I would just hand over the accounts to the person that …”