Prediction Not checkable as stated
Narkar: SaaS Platforms With Cross-Platform Data Will Win in AI
“I think the SaaS platforms that will win with AI are the ones that have data across platforms. You know data is really the true winner.”
Insight
Narkar: Thinking About an Exit Distracts Founders From Building Product
“But to think of exit while you're executing your plan, I think it's just the thought process that takes you in another direction and somewhere the focus on building the product and building the company and a clear focus on the customers, you know, it gets dive…”
Insight
Narkar: Growing SaaS Companies Should Spend $110 for Every $100 Earned
“If you, if you're earning a hundred dollars figure out way to spend a 110, because there's no point profiting, you know, you need to invest in growth, right?”
Insight
Narkar: Founders Should Pitch Conservative Projections but Execute Aggressively
“It's good to be conservative while you're presenting, but be much more aggressive when you're Actually delivering. So obviously you need to have plan A, plan B, plan A to, you know, present it to the investors and obviously doing much more than that as your re…”
Assertion Not checkable as stated
Narkar: Venture-Backed SaaS Companies Waste Capital on Blind Search Ads
“Many SaaS companies raised money and they just, you know, blindly put it on Google and LinkedIn ads and nothing really worked out for them.”
Prediction Not checkable as stated
Narkar Projects His Bootstrapped SaaS Company Will Reach $100M by 2032
“In the next five years, we have a clear projection of where we want to reach. By 2032, we want to be around a hundred million mark.”
Disclosure
Narkar Rejected an Acquisition Offer From a Large Contact Center
“In fact, we got one opportunity two years back from a very large contact center to sell our business. We didn't proceed that time. We didn't even discuss the numbers. They were interested. And we said, we are not ready as yet. We still love what we're building…”
Insight
Narkar: Scaling SaaS Founders Should Target 70% to 90% CAGR
“If you look at about say, 70% CAGR, I think that's the good metric to have as far as the SaaS companies concerned. Can you have a growth of 90% and above is something that you should try.”
Insight
Narkar: Large Tech Conferences Are for Partnerships, Not Customer Acquisition
“In fact, the way we look at conferences and events is it is more for partnerships than since because, you know, if it's a large conference, there'll be so many potential customers coming there and they're visiting every single booth. They'll definitely not rem…”
Insight
Narkar: Account-Based Marketing Outperforms Broad Search Ads for B2B SaaS
“If you focus more on ABM with email, LinkedIn and targeted ads for those folks on LinkedIn, I think that really works well compared to just, you know, go for the search ads.”
Insight
Narkar: Showing Competitor Success Stories Is the Easiest B2B Sales Method
“The easiest way to do sales is to talk about the success stories of their competitors and show it to them.”
Insight
Narkar: Sales and Marketing Is a Buying Process, Not a Selling Process
“Anything to do with marketing or sales is always a buying process. It is never a sales process.”
Insight
Narkar: Startups Ultimately Scale on Customer Revenue, Not Venture Capital
“Either ways, the company always runs on customer's money, you know, whether you're funded or not. Funding money will last for some time. Then you'll go for a second round. It's not how the business is scaling. The business is scale purely on customer's money.”
Assertion Not checkable as stated
Narkar's SaaS Platform Serves 300 Enterprises Across 30 Countries
“We have customers across 30 countries now. 300 plus enterprises use our platform.”
Assertion Not checkable as stated
Narkar Bootstrapped His SaaS Business to $8 Million Annual Revenue
“Bootstrap for all these years, you know, reached to a stage of about eight million a year.”
Insight
Narkar: Expecting a 3x Direct ROI From Tech Conferences Is Unrealistic
“Here is what I've learned in conferences. You might plan to strike some deal or maybe some investments. You go with that goal that, you know, if I spend 15,000, I'm going to make at least, you know, three X out of it that over the years we have learned doesn't…”
Assertion Supported
Narkar's Bootstrapped SaaS Company Currently Employs 140 People
“Today we are about one 40 odd people.”
Disclosure
Narkar: Konnect Insights Grew Through Gradual Compounding, Not Viral Breakouts
“It's always a slow and steady progress that we have seen, not something that has instantly worked for us. With many videos, I do think sometimes, you know, this is going to be a viral kind of thing. Maybe my Connect Insights Academy, everybody's going to love …”
