Imran: Founders targeting $1 million annually should launch service businesses, not startups.
Faze Imran · 6 Exits by 24: The Demand-First Startup Sale · Jul 2, 2026 · at 18:41
Serial founder Faze Imran outlines his framework for building a $1M business versus high-risk tech startups.
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“If you're trying to make a million bucks a year, do not start a startup. It's a very bad idea. It's going to take a lot longer and be very harder. You just start a service business, do something that other businesses need.”
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More from Faze Imran
Imran: One bootstrapped exit netted him more than all venture exits combined.
“I have made more on my bootstrap exits. Like any, a single one of my bootstrap exits has made more than probably all of my venture backed exits. In terms of what went into my pocket, right?”
Imran: AI allows B2B customers to build solutions cheaper than software vendors.
“With AI, B to B now, they can see a problem and they can build a solution sometimes faster than you can, you know, deliver it or for cheaper than you can deliver it.”
Imran: InTemp Post reached $120,000 ARR in six weeks before acquisition.
“We took it to 120,000 in recurring revenue in six weeks, signed up people like HubSpot, Hostog, and after a couple months of operating it, we sold it on acquire.com.”
Imran: Meta ads for B2B target decision-makers with less competition than LinkedIn.
“Which a lot of people will get on LinkedIn to try to run ads for B to B. But they don't realize the entire, all the same people are on Facebook, and it's less competitive to get those people on Meta than it is on LinkedIn.”