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Podcast: The SaaS Podcast - AI, Growth & Product-Market Fit for SaaS Founders
Episode: Bootstrapped SaaS Startup: Side Project to $14M ARR
Description: Peter Coppinger built Teamwork as a Friday side project while running a 60-hour-a-week consultancy. This bootstrapped SaaS startup earned $124 in month one with zero marketing. Seven years later, Teamwork had 1.5 million users, $14 million in annual revenue, and 26 employees - all without a dollar of outside investment.
Peter and co-founder Daniel Mackey tried Basecamp and were shocked it didn't support due dates on tasks. So they built something better, one day a week. As a bootstrapped SaaS startup, they grew gradually - one day became two, then three, then weekends. When product revenue surpassed their consultancy income, they...