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My Journey from Silicon Valley Bank Layoff to $35K Bootstrapped Success: Lessons Learned Along the Way

When Silicon Valley Bank collapsed, I lost my job unexpectedly. Suddenly, everything changed, and I had to figure out what to do next. This tough time led me to think deeply about what I really wanted to do. That's when I came up with Jobsolv, a simple idea to make finding a job easy and stress-free.

The need for Jobsolv hit me because of my own struggles with job hunting in the past. Sending out resume after resume and hardly hearing back was disheartening. I knew there had to be a better way. But I had a big challenge: I didn't know the first thing about coding or building an app.

I talked to companies that make apps, and they all said I needed at least $50,000 to get started. I didn't have that kind of money. But I was determined to see if my idea could work before spending more time and money on it.

To test my idea, I didn't start with an app. Instead, I used what I knew about research and who I knew. I talked to friends and others about how hard job hunting was. Everyone shared the same frustrations. It was clear people wanted more than just another job board. They wanted real help tailored to them.

Finding the right price for our service was tricky. Early on, I asked around to see what people would pay, but the answers showed me people undervalued what we were offering. This was a big lesson: it's important to ask the right people the right questions to find out what your service is really worth.

Once I knew people wanted Jobsolv, I had to build a team to make it happen. This wasn't easy. Not everyone was as excited about Jobsolv as I was. Some just saw it as another job. But by showing how much I cared about our work and the people doing it, I started to build a team that shared my vision. We celebrated our wins, supported each other, and made tough calls together when things weren't working.

Funding Jobsolv on my own meant making some personal sacrifices. I sold some things I owned and dipped into my savings. I learned a lot fast, diving into marketing and even a bit of coding to help guide the project.

We're about to launch Jobsolv on Product Hunt on March 16th. It's been a journey of ups and downs, learning, and growing. Jobsolv is all about making job hunting better with smart features like quick resume fixes and applying to jobs with just a click.

This story isn't just about starting a business. It's about facing challenges head-on and not giving up. As we get ready to launch, I'm excited for what's ahead and grateful for everyone who's been a part of this journey. Jobsolv is more than an app; it's a new way to help people find jobs they love without the stress.

We are launching our SaaS 1-Click $100K+ Jobs. Launching March 16th!

Join here: https://try.jobsolv.com/waitlist/

posted to Icon for group Lessons learned
Lessons learned
on February 19, 2024
  1. 1

    In the title it says a 35k bootstrapped success. Is the 35k referring to the cost, or is that some revenue you have made already with the product?

    1. 1

      Revenue!

      I am not a tech founder, but I have a background in business economics and worked in growth marketing. It was really important to find a product market fit rather than build something first without validating the idea with actual paying customers.

  2. 1

    I really like your idea, especially in this job market. I see you currently serve US and Canada. Any plans to extend to EU anytime soon?

    1. 1

      Yes, the EU is our next market to expand to! We wanted to niche down and create a platform with high interviewing winning rates. Our KPI isn't how many jobs we apply for. It's how many job interviews we get for clients.

      EU resume format and job requirements before applying are slightly different than US and Canadian markets, and I want our product to be really fine-tuned for different geo locations so our customers can get interviews fast.

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