Bastien Libersa

What's THE best SaaS metric to follow user engagement ? 🤔 👉I can understand the best option will depend on each use case and objective. And a great inspiration for that is Equals' SaaS metrics guide which I highly receommend to check ! ➡️ https://lnkd.in/ewZK8Bei BUT what 𝗳𝗶𝗿𝘀𝘁 𝗽𝗿𝗶𝗻𝗰𝗶𝗽𝗹𝗲 can help find a metric that best fits our use case ? 👉We are developping an AI coach that guides startups' teams to maximise their growth efficiency. Daily usage means people express their best self, which turns into optimum performance for the startup. Maybe we could use 𝙨𝙩𝙞𝙘𝙠𝙞𝙣𝙚𝙨𝙨 (DAUY/MAU) or Equals' 𝘼3𝙭7 (https://lnkd.in/eDJ3GE8N) BUT how to go 𝗰𝗿𝗲𝗮𝘁𝗶𝘃𝗲 and develop a metric that specifically fit our use case ? Bobby, Ben ? 🙏 Ideas and comments welcomed ! Thanks ! #AI #saas #metrics #performance

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Startups face a tough balancing act: Growth vs. IT costs. ⚖️🚀 Here’s how to manage both: 🚀 Prioritize scalable solutions : Don’t overpay for tools that won’t grow with you. 🚀 Adopt cloud infrastructure : Flexibility and cost-efficiency in one. 🚀 Lean on open-source : Cut licensing fees without sacrificing quality. 🚀 Monitor usage regularly : Prevent small expenses from turning into big problems. 🚀 Invest in automation : Grow faster without adding headcount. Balance growth with smart spending. 💡 Want to optimize your IT spending? Drop a comment or DM me to discuss how you can start optimizing today! #StartupGrowth #CostOptimization #TechStrategy #CloudSolutions #Scalability #AI #ChatGPT #AWS #Business #Technology

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People are always looking for shortcuts to success. I can only talk about people in #web3. A lot of projects think, hiring SMMs or Community Managers will help them have blast of growth in just 2 months. Reality : Every product is different and so do their journey. It takes a few months even to a seasoned manager to experiment and understand the audience to target for that particular project. You don't sow seeds today and expect to reap the crop tomorrow. 🔑 Learn from mistakes 🔑 Have patience 🔑 Align your product with Customers 🔑 Improve your product 🔑 Be consistent 🔑Repeat

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I'm thrilled to announce that 5 minutes ago RB2B hit $2m ARR (just 6 weeks after crossing $1m ARR)! The crazy thing is that 6 weeks after launch we were at only $5,178 MRR. Our pricing was completely broken… And I was complaining about it DAILY on LinkedIn. We had two plans: 1. Free - Linkedin push to Slack 2. $495/mo - ^ + integrations What did that get us? A 0.2% free-to-paid conversion rate!!! Week 7 we changed our pricing to usage-based (thanks to my LinkedIn community!!!) What happened? Week         MRR 6                 $5,178 7                 $8,348    <<<<< changed pricing (twice in 24hrs) 8                 $14,228 9                 $23,024 10               $28,232 11               $36,350 12               $41,995 13               $44,030 14               $48,091 15               $61,651 16               $81,775    <<<<<<< Hit 1m during week 16 17               $95,594    18               $106,353 19               $121,546 20               $138,375 21               $156,751 22               $167,548   <<<<<< Hit 2m during week 22 We still have a tiny core team - currently 6 people - and are only hiring for 1 role. (Robb is looking for a Customer Support rep - if you are interested, DM me) Where will we be in another 22 weeks, as 2024 winds down to a close? If I had a crystal ball, I’d say: - $5m ARR  - 6 FTE  - VERY profitable (at least $200k/mo profit) - Set to triple in 2025 (with 1-2 additional employees) Will my prediction be correct? Only time will tell. The good news is that I made a PUBLIC Baremetrics dashboard so that you can follow along from home. Check it out here: https://lnkd.in/gRv47zwY BOOKMARK IT! 

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June 2024 Profit & Loss Report for Starlab Zone Decided to share these monthly statements for 2 reasons: 1. Full transparency in what it takes to build a software studio (focused on SaaS products). 2. Easy and thorough documentation of our progress. Context: - Super focused first 3 months of the year - Relocated to Dubai in April - Took a lengthy vacation - Experimented with content - Doubted the direction I chose, flip-flopped a bit - Last 2 weeks made the final decision to go all-in with Starlab - My time is not included as an expense Income: - Starlab Zone: $5,217.38 - Roast My SaaS: $225 (offered a 25% discount) - WorkSwift: $0 (pre-revenue) Total: $5,442.38 Expenses: - Stripe Fees: $244.91 - UX Engineer Freelancer: $1,100 - QA Engineer Freelancer: $280 - WorkSwift Hosting: $60 - Loom: $15 - Google Workspace: $36 - QuickBooks: $30 - DocuSign: $15 - Twitter: $8 Total: $1,788.91 Profit: $3,653.47 Margin: 67.13% Year-to-date revenue: $95,842.57. June was around 22% of the available capacity between the 3 of us and later when I'm going to replace myself, the profit margin will decrease further, but the amount of work we can handle will go up. Recently, I figured out a way to introduce product engineering by subscription. Normally, it doesn't work the same way as a design or marketing studio, but because we handle full-features (i.e. design, development, testing, release), there is a way that makes sense. But we haven't released this method yet. Funny thing is we don't even have a website: our work came through Upwork + referrals. Although I'm no longer active on the platform. Plan for July to increase revenue: 1. Do amazing work for existing clients. It's the most effortless way to make sure you don't lose what you've got going. 2. Publish teardowns of SaaS products. This is part of our content strategy to introduce prospects to our funnel. Here we first sell Roast My SaaS, then interested founders will be able to work with us as a product team. 3. Publish what I call "MVP Breakdowns" (will talk about this more in future posts). The other part of our content strategy for entrepreneurs that want to build a SaaS MVP. Each piece of content will direct to booking a call with me. 4. Boost content distribution with paid ads. We'll probably dedicate around $500 for this experiment because we're just getting started and don't want to flush money down the toilet. Let's see what July has in store for us. And if you want me to repeat this next month, please let me know in the comments! PS: Reposted because I forgot to include the image 🤦‍♂️ #buildinpublic

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