Saas Companies that Anyone Can Start with Rob Walling
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- Опубліковано 8 лип 2024
- No more small boy spreadsheets, build your business on the free HubSpot CRM: mfmpod.link/hrd
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Sam Parr (@theSamParr) and Ben Wilson (@BenWilsonTweets) discuss Sam's article defending Theranos, airport houses, and conducting an end of year family review. They are then joined by Rob Walling (@RobWalling) who talks about great SaaS business that anyone could start.
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Show Notes:
(00:00) - Airline neighborhood with houses and hotels
(06:45) - Sam on the front page of HackerNews for defending Elizabeth Holmes
(12:20) - The family board meeting
(18:30) - Rob Walling joins the show. About Rob.
(30:30) - Why you should or shouldn't sell your business
(42:30) - Rob's favorite Saas businesses that he's working with
(50:50) - Rob's ideas for new SaaS companies that anyone could start
(01:10:10) - Founding a company as a non-technical founder
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Unreal, what an amazing guest.
The hosts are great on this podcast, very engaging.
Great questions toward the end for those who is about to take action. Thanks
This video was gold. I love how honest this was. It really had me thinking about life design and what type of company to build.
Ben Wilson looks like he could have been a character in The Office
These videos keep getting better and better!
9:39 Ah yes, sounds like the mindset many VC firms have. Following other firms/investors and blindly assuming they’ve done their due diligence, without doing your own due diligence. It’s no wonder Theranos got as much funding as it did - the blind leading the blind.
And no wonder the strategy works.
This video came up while I was in the shower (thanks random play) and I was so intrigued with your conversations lol. I just subbed, this and Brandon Sanderson’s podcast are the only podcasts I listen to now
Great ep. You and Rob killed it.
Working with a financial expert could truly set you up for life. I'm delighted I was able to contact my coach Karim Elias Karim earlier this year because while others were busy whining about the downturn I was busy cashing out finally making over 370k only for the first quarter of the year.
Thank you for sharing your success story. I immediately typed in your coach's name to discover him on Google. He's simple to deal with, and his signals are excellent as well.
@@CatalinaTaylor-gt5jx Working alongside Karim Elias Karim has taught me that quitting bad habits, such as procrastination, distractions, and doubts, would significantly increase your capacity to accomplish your life's objectives and accumulate savings for investments.
@@lynnpeterson3763 Although there are plenty of chances on the financial markets, I've learnt enough over the previous few years to be skeptical of that. Knowing where to focus is crucial. I admire you, Karim Elias Karim.
@@rachellovescats8481 One of the best things about Karim Elias Karim was that he's easy to find on Google, also he's super fast and reliable
@@peterstilwell7953 Yes, he is incredible. We are now making more money than ever thanks to the stock and bond investments he taught us how to make. I'm pleased with my current portfolio of $30,000. I began this trip with $4,000 in my bank account. I made the correct investments at the appropriate time, and now I have time for my family and the future. Regards, Karim Elias Karim
Rob's comment on a customer asking for red lines, etc. and pricing going up 100x is spot on! Also have to be careful to not only have 1 or 2 of those and have their requests (read "demands") start driving the direction of the business.
Having been in software almost 30 years agree 100%. Stuff like this is also why some companies are happy staying smaller and not doing the funding and growing. The headaches can be TREMENDOUS. You should get paid well for some of the filthy and unspeakable things some of your customers may want to do to you
One of the Best Real World Guest one can have on the show...
I want to be an "airplane nerd" when I am 65, right now I am a "CostCo free samples" nerd 🤓
Great show
I love the name, so many people share their stories here of how they made their first million and it encapsulates that so well.
Most importantly though, it reflects aspiring viewers aspirations. It gives me inspiration, motivation and ideas on my journey to *my* First Million!
I think too many people are looking at it from the wrong angle.
My First Million isn't that bad of a name. Remember your audience first, not the opinion of your guests, multi-millionaires. 95% of your audience are not millionaires. MFM's an easy acronym. It can also be my first million subscribers, my first million daily listens :P Plus, the ConvertKit story, yeah xD. I'd like to hear the deep why behind the rebranding plan.
I agree. Best practices don’t ALWAYS apply to every situation
Agree with the name being proper as it is.
These private HOA-type runways exist all over the place. There are at least a dozen in the DFW metro. Based on the information from the video, there is nothing special about that project.
Great guest! I've followed Rob's writing for a long time, cool to see what he's up to now.
Sam please share more about this airline hotel when you can. My dad is an ex-airline captain and hobby small airline guy. He would totally love this!
This might be it? Skip to halfway through btw ua-cam.com/video/vmtw7ThOTpo/v-deo.html
Honestly I found your Podcast just because of the name. It's a bit of a cheap name, but one that actually touches 99% of folks. Eventhough your quality is higher than the name suggests, it kind of still fits to the channel.
My new favourite show. thanks youtube algorithm!
Congratulations Robbie!! I watch this podcast and was surprised to see you on it. Best Wishes Amber (Taketa)
Great vedio
Total new (increased) respect for Sam - “See my misses too”.
I can’t say I wouldn’t have deleted that.
Hi, I discovered your channel about 3 days ago.👍
I'm glad I discovered it!👍
I was excited about this particular video interview with Rob but I'm not sure if this is for "Anyone" or for software developers looking to make money with the app they developed /built.😫🤦♀️
Another one that got me confused is it seems as though the types of podcast you were talking about was mostly business related such as service based types of businesses, reviews etc.👍
Those are all good options because we all want to make money.😊
I guess where I was expecting a step by step detailed information for anyone looking to start a podcast. 😥
I am looking to start a podcast and don't know where to start and this interview got me confused even more.😥
Should we self host & not use Spotify or Apple to launch a podcast?
I need help!😥😫🤦♀️
I'm super confused. 😥😫
Pat Flynn has videos that might help
Ben Wilson has been a great addition to the pod. Good stuff guys
ben wilson taking over
19:56 ROCK and STONE brother!
What are the best sites to search SAAS companies for sale?
I’ve found that upwork could work well but you have to go through a lot of ppl and get screwed a couple of times but eventually you find decent Dev talent
Brilliant video again. Does Rob or you guys know many custom / niche community in person platforms like meetup?
Every thought about having a physical community per city for your audiences?
Your intro line is this pod inspired me to ask this? That, plus that's my core product.
There’s a place near Moorsville, NC like the mini airport HOA. Looks like the houses are slightly larger than usual and nice, but not crazy mansions or anything. Just dude who like planes
A pilot dating a close friend is also a real estate guy with dozens of homes. He bought property at a similar place in Western Maryland but he hasn't built a house on it yet. I guess, the cost to retain a small rural lot can't be much. I suppose it would cost more annually if he had improvements that were taxed. Gotta have some place to go when the true zombie apocalypse hits.
I sell SaaS at Procore Technologies. Funny hearing you discuss project management software! Tons of startups are filling the tiniest niches in the construction industry. It’s cool to see you investing in the space.
I just got rejected for a job here lol
@@BoxPro- what role did you apply for? Internal referrals carry some weight. I’d be happy to talk you through my experience. I know a few people who have applied a couple times and got it on the second shot.
I like how Sam likes to admit his mistakes. Instead of post successful people that try to avoid talking about them or spin them
What is the wikipedia for doctors site he is talking about?
The airstrip traversing the in between of the residential area could turn bad. Imagine a dude who came there to chill, enjoys 5 beers and the takes off (literally) and flies the plan into a dwelling. After all, they are vacation houses, so people won't be 100% sober as if they went to business trips, rather the opposite. :)
Wow! Ben looks exactly how I imagined when listening to the pod. Love MFM guys!
I was expecting him to look more like Harriet Tubman
Where can you listen to the podcast?
Someone can recommend time tracker app where u clock in/out of your tasks and track time for custom analytical purposes?
awosome podcast,it was..
There are lots of those around the US
"Rich people who don't get divorced" around time 17:25 - if you meet her in college there's no way to know that she might reach 'max satisfaction' with a certain income then not support 'additional ambition' - striving and setting great financial goals into your 30s.
So if you meet in college, it's a risk that you won't discover until the first larger money rolls in that you're not a match. It is probably best - my advice - if you're ambitious, that she had ambitious, striving and financially successful family. I made a ton after we parted company after 15 years and probably would not have been able to, if we had not parted company. It's hard to understand but some people have a low tolerance for 'abundance-seeking.' It was a real shock. EDIT: she and her family were Buddhists. Maybe that played a role in the disdain she exhibited for wealth building, not sure.
What's the company name mentioned at 1:13:00 (approx)?
I really like the name, so easy to remember
Ben's end of year presentation thing, reminded me of a similar thing my family does for Xmas gift giving. Everyone would have a theme, and you can buy, make, what ever, and present, explaining, the gift,. Some years you would be all serious and present, some years goofball city, and im pretty sure we all did night before or something to get it done, hahaha. Anyway, Good stuff. sidenote, 2 parents and im #5 of 6 kids, and now kids kids are at ages and are begining to present as well.
also wanted to add, "My 1st miliion" is a great name, it can be used in so many ways, income, audience, collections, then could break down to MY, yours, theres, joe shmo's 1st million. IDK, IMO, i think its a good one, and if you do give up, sell it!! (im so greedy, haha) But i bet there would be a bidding war on it, again IMHO. Stay Colorful
What if you build on Bubble? Would that be a turn-off?
Hey bud I’m a pilot and familiar with these kind of communities “sky ranch” etc. it’s not very popular.
Does anyone have the link/name for the ebook of the (I think he said Tropical MBA podcast’s) naming consultant? Lol I need a name a few things.
Just watching this episods. Did you find it ?
My First Million is a GREAT name! Don't change it.
The name of the podcast is just fine. What is it with people not liking the name?
The name is fine. Don't ever change it
55:00 sounds like 500k a month.
I’m a great community builder been always doh g it for free though now to start it properly 🎉
Airstrip == essential
AMAZING 💎💎💎 GETS THE BRAIN WORKING....
PS: SAAS IDEAS IN THE VIDEO STARTS AT 42minutes
I am not a coding guy. How could someone like enter this world? What and how to step in? It looks fantastic but also confusing😊
A lactating Rain Man 😅😅😅
@25:12 Con Con sounds delicious for us latin folks 😂😅
55:33 what ???
Wow
"Lactating Rainman" 🔥
Same would go for a woman/wife (most important decision is the person you marry)- especially if she makes more money, Speaking from exp ... shreds more than the $$ in the end.
Seva - means selfless service
I think this podcast is one of the absolute best well rounded business podcast. my first million does have a slightly incongruent name, but it also makes sense and keeps me coming back, but when I think of the names, and your faces there is not a connection. Strangely enough your names NEVER stick, even now after 2 months of listening about every other day i do not remember your names. That goves me the impression that ot you brand under your own names, somehow, that YOU guys may STICK.
how is $3,000,000 enough for 10 people unless you are planning to pay 9 of them minimum wage? What's the average tech salary? $75,000/year. So at the minimum $750,000 gone off the top. How much for founder? $250,000. And operating expenses, including employee related costs? There isn't much left of that last $2,000,000. And then growth, investing, marketing. Nah $3mil is nothing with 1 ppl.
the milk thing really shock me
What is SaaS?
I love the name
Seva just means service and yes you can name your company that, why not?
Sam Paar… the name is awesome. That’s how i discovered you guys on UA-cam. I typed, “my first million” and MFM was the number 1 result.
Been crack hooked since!!! 😜
The name is great.
Ben gives off strong Tom-on-Succession vibes..😂
(imagine a guy with cap backwards), dude bro! I'm in biuznes hanging out with a community of private jet owners bro, you should totally join dude!
Real entrepreneur looking for problems and feasible solutions: walks out of the room
It’s funny they’re always taking about the name of the pod being iffy, but it’s what brought me here, it’s perfectly brash, who doesn’t want a first million, I sure do, keep the name!
Haha, Ben is really Daniel Craig (James Bond).
I love the name. No need to change:)
Lactating Rain Man 🤣 🤣🤣
Rob but I'm not sure if this is for "Anyone" or for software developers looking to make money with the app they developed
Rob looks 16, not 46! What's the secret? Informative podcast too. Thanks, guys.
I was in shock - definitely need to know
Where's the MFM merch?
Pretty clear Sara (Sam's wife) is sitting to his right by the number of times he keeps glancing
19:41
34:05
I like how they bleep out costs of online services but don't bleep out f-bombs! 😂
Fly-in the communities are not new. Daytona Beach and Orlando, where John Travolta has his jet, etc. The building one that’s an hour and a half from the city doesn’t sound like a winning idea.
Why does everyone want to change the name. I don’t get it
Actually I love the name don't change it
Was ConvertKit changed to "Sae-wah" (pronunciation)? That would mean something like selfless service to others in Hindi/Sanskrit. Shouldn't be offensive IMO, perhaps misleading to Hindi speakers.
25k p.a.
15:16 rain mom
NEVER CHANGE THE NAME. EVER
Don't change the name of the pod!!!
Something irks me about saying that you don’t have to be very wealthy to own a $200k plane. It sounds ignorant. Someone who can spend $200k on a hobby would have to have well over a million dollars to do it comfortably. To put it in context, $200k is four times the yearly salary of the average american household.
Get a job😂
@@foggycraw6758 Does your job pay you enough to buy a plane??
@@kiwibread101 if I sold drugs on the side yeah
Why not use that money to buy conservation land instead of another childish indulgence
Does anyone actually watch the videos? I think listening to the podcast slaps better
Would love to have Bens hair. If not possible, Robs hair would run a close second. P.S. I'm a straight guy, just love the hair.
Bens hair really looks like a wig
I guess i am defying the odds of not having a tech background and building a saas company that will become a unicorn 🦄 beta is lunching Jan. 16th. Stay tuned!
Not hating or trolling but I suggest to keep Shaan and Sam. That's why I started to follow the podcast in the first place. Different dynamic...guys getting too successful and need help with filling in....just do less episodes....
Shwifty thoussand collars a month? Sticks bundred a year? 😜 pesky beeps haha and I'm aiming at 1X? Damn.
I thought MFM is a sick name.
Well she didn’t fool you, you have the tendency to create a lie (which you don’t consider a lie rather holding on to information) to start a business on a narrative that usually doesn’t exist you don’t usually think that this is wrong that is why on the back of your mind you didn’t think she was doing anything wrong and still you accepted you were wrong but your tone still comes out as whatever.
I like your show don’t get me wrong it’s what I have taken from the 25 plus episodes that I have watched and you don’t grow out from this state of mind this is your second nature.
I love this show but the comment ‘I’m happy for her to have a career’ is insanely misogynistic
Sorry but 1800 hundred hours is kinda absurd? Isn’t that breast feeding 5 hours a day for the whole year? There’s no way lmao
Dude! Not only did your article not age well....but your 2022 defense of your article isn't aging well either. "MISTAKES WERE MADE..." 🤣LOL! SHE LIED ABOUT EVERYTHING!