Matt Barnett, founder of Bonjoro, discusses SaaS monetization strategy with host Sean Weisbrot, who proposed waiting up to a year before charging customers.
“Personally, I think you should charge as soon as possible. I've never seen a founder charge too much of a product or charge too early.”
quote is from the automated transcript, cleaned for reading:
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Insight
Barnett: Startups should not make a product manager their first hire
“Don't go build all the processes in day one. Don't make your product manager your first hire, muddle through. It's like, you don't make your sales go into the first hire.”
Matt BarnettJun 8, 2021▶ 13:16Why We Don't Release Features That Don't Get Used Anymore
Insight
Barnett: Shipping Two Baseline Features Outvalues Polishing One Feature
“The total value of me doing stages one and two on two features versus doing stage one to three on one is going to be higher for the end user, and therefore they'll stay along when they spend more money and will grow faster.”
Matt BarnettJun 8, 2021▶ 17:49Why We Don't Release Features That Don't Get Used Anymore
Insight
Barnett: Founders should not run product as startup grows
“Being a founder and running products as you grow is not a good idea. Because one side of the business is going to suffer. You're either going to get not as much time on products or not as much time on, like, you know, stakeholder management and everything else…”
Matt BarnettJun 8, 2021▶ 28:20Why We Don't Release Features That Don't Get Used Anymore
Insight
Matt Barnett: Software Builds Monoliths While Physical Design Retires Products
“Maybe the main difference is that if you're building real world tangible products, you are more likely to build Product suites. So you'll be building new products and new products and new products, and the older products will be like ultimately chucked away af…”
Matt BarnettJun 8, 2021▶ 4:09Why We Don't Release Features That Don't Get Used Anymore
Insight
Barnett: Startups fail by jumping to solutions instead of exploring alternatives
“It's one of the reasons why a lot of startups fail. It's not that they've got the problem wrong, and the problem is often there, but by jumping to the solution, they've missed more obvious solutions, easier to build solutions, and better solutions.”
Matt BarnettJun 8, 2021▶ 6:21Why We Don't Release Features That Don't Get Used Anymore
Insight
Barnett: Spending more time researching upfront gets product out faster
“If you spend more time on the problems initially, and you spend more time scoping, and you spend more time researching and investigating, it actually ultimately gets you stuff out the door faster. Because it means you're not necessarily making mistakes down th…”
Matt BarnettJun 8, 2021▶ 10:33Why We Don't Release Features That Don't Get Used Anymore
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