Hey everyone! How's it going?
Today I decide to share another story about my journey with my startup Affistash - Affiliate marketing powered by AI.
Since I reached a new milestone in MRR, I decided to write a short post where I will share things I think I did right, but also some things that I think I did wrong, so I hope you enjoy and if you have any tips or feedback, I am looking forward to it : )
📍After 70 days of Affistash here are the stats that I managed to achieve:
💸MRR: 400$
⭐Marketers: 948
💼Companies: 9
Using live demos to close deals: Since my startup operates B2B, but also B2C, I always liked to do meetings with the companies that wanted to use Affistash to grow their affiliate/partnership programs, I feel like the communication is way smoother, and statistically it worked better for me, than just a simple application form.
Finding mentors: In the last few weeks I have been on a mission to find people in the SaaS world that I can follow and talk to. I always felt like I was lacking in that aspect, but fortunately, lately I had the chance to speak to lots of other experienced founders that helped me with tips and suggestions :)
Posting a lot on Indiehackers, Reddit, Twitter, PH: Being consistent on these platforms helped me reach lots of business owners that were happy to try my product and get their company listed. Most of them were happy with the results, a couple of them decided to leave, but I am aware that partnership programs don't work for any type of business.
Start doing some outbound marketing
Implement tools feature for marketers and business owners, something that many of our users requested
Looking for some accelerators and incubators - I think that would be a game changer for my SaaS, so I started to search for some fundraising since I started seeing consistency in the revenue growth
Hope you found this interesting and I am more looking forward to your guys feedback : )
Cheers!
@VicDevelopmently congrats. That's truly impressive you've achieved that much in 70 days at age 16... Not sure if you're aware of the Peter Thiel Fellowship but if I were in your shoes I would consider applying for that: https://thielfellowship.org/
Thanks a lot Sean! I will make sure to have a look over The Fellowship : )
What a little genius! Congratulations.
I was still asking for pocket money from my parents when I was 16. What you’re doing right now is great. Keep it going.👍👍👍
Wow this is really impressive, I'm 17 trying to build my own software as well. Can you give any tips on getting to customers and managing payments since we're under age?
I have an LLC open in my country, because I ran a software development agency for around 1 year and 3 months, before transitioning to SaaS
Thanks bro this is interesting, I'll be looking into doing the same!
Congrats and thanks for the sharing
Congrats and thanks for sharing! What are you focusing on in terms of outreach / onboarding on the growth side of things this time round?
I saw your post on Reddit not too long ago, you're crushing it man hope the trend continues. Interested to find out why you want to raise funds?
Thanks a lot man! The main motivation behind fundraising is that I know if I could grow my userbase of marketers(I have around 950 right now) to around 10-20k I could raise the pricing for companies to get listed and use our software.
The pricing is now 38$ for a company to get listed and use our recruitment software, but I am looking to grow it to 300-400$ if I happen to raise some funds
This is great, well done!
Wow! Just wondering, did you create the entire website yourself?
Yeah, software dev is one of my best skills
B2B for the win!
Agreed :D
Inspiring achievement!
👍
Nice vic, congrats
Thanks a lot Adrian!