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Making a Lot of Money is Bad
no, seriously.
No Code Builders
From No Code Alex: Leading the path on the no code revolution
Today’s No Code Tips n Tricks:
There’s a metric that people discount as you go from $10k/m
to then 20-30k/m
to then 50-80k/m
to 100-150k/m
to 200-250k/m
and that metric is units of stress per dollar
and this is something you should ACTUALLY think about
up until 50k/m, you can run many businesses at a super high margin with very little stress
a true “lifestyle” business
there’s also difficulties in getting to new levels
going from 0 to 10k/m is hard
going from 10k/m to 30k/m is easy
getting from 30k/m to 100k/m is hard
and where most people crumble, is they should of just ran a lifestyle business between 30-50k/m
but they scaled, and the extra stress it ads is not worth the additional revenue
because now you’re hiring more customer success managers, you’re adding new sales people, maybe a sales manager, maybe you’re bringing in a chief of staff or someone with ops
so now you’re running at 100k/m at 50% margin and you could still be running at 50k/m at 80% + margin and your take home isn’t all that different
these are the things that people don’t think about because… it’s not taught
you just assume you want to keep scaling and scaling to see the revenue graph go up and to the right…
they normally add extra stress as well because they focus on selling selling selling and not enough retaining current customers
this goes for SaaS, Agency, Consulting, etc
when in reality, if you just focused on retention you could have that graph go up by just being able to raise your prices to your existing customers
my content team recently did this… they fired over half of their clients (luckily not me) because the stress per dollars from the other clients wasn’t worth it
something to think about
alex
Things Worth Checking Out
Closify: anyone can now sign up to Closify for $50/mo to get hired into top commission only sales roles. You can sign up here
FyneTuner: you can now fine tune GPT models without knowing how to code to create your own AI SaaS. You can check out Fynetuner here
HelpDeskify: If you own a software company and you want to hire a call center for 24/7 customer support or to do cold calls to drum up new business, you can check that out here
Whenever You’re Ready:
Here’s a few ways I can help you:
My No Code Development Agency: my in house bubble developers will build your MVP + I will consult you on your go to market strategy (10k min budget required)
Buy 30 Minutes of my Time: Book a 30 minute consulting call to help you start or grow your software company, I can also help you build a personal brand, marketing strategies, building sales teams, etc.
Join my Premium Newsletter Group: for only $10/mo once a week I will send a breakdown of finding a SaaS idea, validating it, and building out the MVP
That’s it for today!
Talk soon,
No Code Alex