
My "simple" plan to build a SaaS from $0 to $1M valuation
There are a thousand ways to make 1 million dollars in life and one of the best chances I, the nerdy nerd who can code, have to reach this number is by building a successful SaaS and selling it. But for most people, this goal of growing a SaaS to 1 million dollars in valuation seems impossible. Of course it's really hard. I've actually never done it. I just think that with the right mindset and by reframing the thing a little bit, this might actually become... possible? But for that, I've got to have a solid plan. A plan so simple that even I can turn it from a plan to a reality. Reframing in numbers Let me reframe this 1 million dollar valuation into numbers. Something more reachable so my primate brain can better visualize it. The target: I'll be following what Marc Lou has been doing for the past year with his startup DataFast and his goal to reach 20K MRR. He has done it and the magic number is 20K. 20K because if I multiply it by 12, I get an annual recurring revenue of $240,000 U
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