How to Build a Profitable SaaS in 6 Months and Sell it in 5 Days
Startup Acquisition Stories - Podcast tekijän mukaan Acquire.com
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Software businesses can be immensely profitable in very little time. But they can also die just as quickly.
Software engineer Mark Jivko built Go index me!, a tool that speeds up Google page indexing, in six months for a bit of extra cash. He grew it to over 150 regular customers and thousands of dollars in sales in under a year.
But Mark knew building an app that only relied on the Google APIs was playing with fire. It could all be demolished with a keystroke during a system update. He wanted to sell while he was ahead so that he could move onto another project he was more passionate about.
Mark had previously sold a business on Acquire.com and knew he’d find the buyer he was looking for there. He sold Go index me! in one week under the tutelage of his buyer, an eight-time serial startup acquirer who DM’d him almost immediately.
Now Mark is gearing up for a new project to help founders using social media for product distribution to avoid platform addiction.
Tune in to this SASP with Mark and Andrew as they discuss:
- Mark’s trick to do escrows faster
- The questions you should never answer from buyers before going under LOI
- Why Mark knew he was going to sell his tool from the beginning
- How Mark plans to help founders who use social media reduce their addictions to the platforms
And read our writeup of Mark’s story here.
Mark is just getting started and you can follow him below:
