Kamleitner: Both bootstrapped SaaS products are profitable and growing well
Michael Kamleitner · 1433 Can You Run 2 $1.5m ARR Companies At Same Time? · Jun 27, 2019 · at 9:42
Michael Kamleitner defends operating two parallel software companies simultaneously, pointing out their shared profitability and growth.
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“As long as we are growing and obviously we are profitable as being bootstrapped, there is no other way to that. I don't see any one of those products failing. Failure for me would be like stagnation and no growth at all. But like I said before, we, with both products, we see, we're seeing great growth.”
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Kamleitner considers splitting his SaaS products and appointing a co-CEO
“To really do both products or both kids justice there is definitely a way to do that, and that would be like to either split, split up both products from the, from parent company and find a good co-CEO or some other way to split roles”
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“Well, well, I see the value of each product way higher, quite honestly.”
Kamleitner: Software companies cannot rely exclusively on paid ads for sustainable growth
“Paid paid acquisition through adverts also, also at some point hits the ceiling. And we are seeing, like you said, the space is competitive. So, so it will not be it will not work to grow only from cost per click forever.”
Walls.io generates roughly €100,000 in monthly recurring revenue
“That's not too, too far off. Yes.”