Episode 782 | Why I Succeeded: My 10 Best Entrepreneurial Decisio...

“It failed because the economics of B to C businesses, especially SaaS, are not good.”

“For a SaaS company, I don't think you should build an audience.”

“95 plus percent of the SaaS companies that I've invested in had no social media audience, no personal brand audience. When they launched, they still don't, and they're still wildly successful, and there's dozens of seven and eight figure SaaS companies in Tiny…”

“So I bet 11,000 dollars on .NET Invoice in oh five, oh six, It was a tremendous bet. It was a money I had just painstakingly worked hard to save nights and weekends. Then I bet 30,035 thousand maybe with legal fees on Hittail in 2011. I bet 200,000 dollars bui…”

“And it took six or seven years of focus to reach full-time product income.”

“I realized that blogging was a commodity. People were reading the blog among many others, kind of like a social media feed, where, like, no matter how much you try to stand out, you're just another voice.”

“And after a year of the podcast, I think we had about Five or 600 listeners. And that was painful because I had 25,000 blog subscribers and I remember thinking like, oh, this is brutal.”