In episode 702, join Rob Walling for another solo adventure where he answers listener questions. He answers how to introduce friends to bootstrapping, when to lower your prices, and addresses the difference in revenue and profit multiple valuations. Rob also offers advice when weighing a career move versus building side projects and scaling your MVP.

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Topics we cover:

3:15 – How to introduce friends to entrepreneurship and bootstrapping
6:00 – When to focus on profit vs. top-line revenue
10:40 – Considerations for building, scaling, and differentiating an MVP
15:45 – Rare circumstances where you should lower prices
20:25 – Pursuing career moves vs. building on the side
23:43 – Managing cap tables and equity vesting

Links from the Show:

MicroConf Remote – Early Stage Saas Strategies
TinySeed
The Stair Step Method of Bootstrapping
Start Small, Stay Small
The SaaS Playbook
MicroConf YouTube Channel: Building Your First SaaS: The Ultimate Crash Course
SFTROU Greatest Hits
Episode 222 | The Stair Step Approach to Launching Products
What is a SAFE?

If you have questions about starting or scaling a software business that you’d like for u

Episode 702 | Revenue vs. Profit Multiples, When to Lower Prices, and More Listener Questions

Startups For the Rest of Us