Are you Spending too much on Software?
from Fix My Business
Most business owners think they need more software. They're wrong.I see founders spending 67% of their revenue on SaaS subscriptions—working to fund their tools instead of themselves. That's backwards. Here's the truth: you can't automate your way to revenue. Software is for making existing work efficient. But if you don't have work worth making efficient, you're just burning cash. In this video, I break down: Why spending $800/month on software when you're making $1,200 is a death spiral The "Digital Minimum" what a $50-100/month stack actually looks like My 10% rule: software should never exceed 10% of revenue (ideally 5%) How to audit, cut, and rebuild your stack the right way When to actually add software back (and the 2x ROI test) I built a SaaS product that hundreds of people use monthly. And I'm always the slowest person in the room to add new software. That should tell you something. Read the full breakdown: https://scotttoddwrites.substack.com/p/stop-automating-your-way-to-bankruptcy Free resources: Fix This Next for Real Estate Investors: https://www.fixthisnextforrealestateinvestors.com My weekly newsletter: https://scotttoddwrites.substack.com/ Me: https://www.scotttodd.net
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