Hansen: Quit Lenovo with two years of living expenses saved up
Jordan Hansen · Episode 703 | The Accidental SaaS Entrepreneur · Mar 5, 2024 · at 12:56
Jordan Hansen, founder of Cobalt Intelligence, discusses quitting his engineering role at Lenovo in 2021 to transition into full-time entrepreneurship.
0:00 / 0:07exact quote · 7.4s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Even when I quit my job at Lenovo, I was like, okay, I told my wife, Hey, we have enough money in the bank that we should be good to live how we are for two years.”
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 →
More from Jordan Hansen
Hansen: Web Portals Add Little Value for Public Data Without APIs
“The fact that it's public data, a portal doesn't offer a whole lot to them. Because if they have to go to my portal, then they may as well just go to the state.”
Hansen: Will never raise venture capital or work 80-hour weeks
“I'm married with three kids, and I'm 39 now, so when I quit, you know, I was mid-thirties, I wasn't going to be someone that's going to go venture and work eight-hour weeks. I'm never going to do that.”
Hansen: Cobalt Intelligence privatized 300 YouTube videos to fix audience mismatch
“So we had 350 videos published. We took probably 300 of them, and put them down, and they're private now, and I feel bad that people still comment, and they say, hey, can we get access to these videos, and I say, I had to make the business decision to take the…”
Hansen: High contract values drive SaaS revenue faster than micro-pricing
“The biggest way that we are increasing our revenue so quickly is the fact that we can charge a lot of money. Like honestly, though, people are willing to pay for it. Like if we had a product where we could only charge 15 dollars a month or 20 dollars a month, …”
Hansen: Cobalt Intelligence Is Profitable With a 3-Person Team
“Right now we are three, or a team of three, and we are profitable, so we feel pretty good. And two of those are US-based, both engineers, that's myself, engineer, founder, and then another engineer, to kind of give an idea of, you know, how much salary that is…”