SaaS Co-Founder Story: Forum Post to Profitable Niche

EPISODE · Nov 26, 2019 · 51 MIN

SaaS Co-Founder Story: Forum Post to Profitable Niche

from The SaaS Podcast - AI, Growth & Product-Market Fit for SaaS Founders · host Omer Khan

Ryan Bennick and Ward Sandler were enterprise sales reps who bought an HTML book and taught themselves to code. Six years later, a Squarespace forum post with 100,000 views led these SaaS co-founders to build a profitable niche SaaS business. The MemberSpace co-founders reveal how they went from $600 freelance gigs to a multiple six-figure SaaS. As non-technical co-founders, they split learning - Ryan on back-end, Ward on front-end. Their first MVP only locked pages behind a free login, yet users found it immediately valuable. Their SaaS co-founder approach turned customer support into their most powerful marketing channel. They put their phone number on the homepage, answer calls personally, and maintain an oversized support team. Influenced by Basecamp's philosophy, these co-founder SaaS builders focused on profitability over growth for growth's sake. Key Lessons 🎯 Find your niche SaaS idea in existing communities: Ryan and Ward discovered their product by scouring Squarespace forums - a topic with 100,000 views told them exactly what to build. 🛠️ Launch the simplest possible MVP and iterate: MemberSpace's first version only locked pages behind a free login with zero payment features, yet users loved it because it solved the core problem. 🤝 Turn customer support into your niche SaaS marketing channel: Enterprise-level support applied to a self-serve product generates word-of-mouth referrals that outperform paid marketing. 💰 SaaS co-founders can use consulting revenue to bootstrap: The team ran Squarespace consulting in parallel, using $99/month maintenance plans to fund product development until MemberSpace was self-sustaining. 🧠 Non-technical SaaS co-founders can learn to code and build products: Starting from zero coding knowledge, Ryan and Ward split front-end and back-end learning, built a profitable SaaS without hiring developers. Chapters Introduction Favorite quotes and motivation What MemberSpace does Background in enterprise sales Decision to start a business as SaaS co-founders Learning to code from scratch First coding project and Uncle Larry Timeline from learning to first paid gig Ryan takes the leap to full-time Ward follows six months later Scrambling for consulting work Pivoting to Squarespace websites Discovering the membership pain point Building and launching the MVP Early user feedback and validation Five months to first paying customer Reaching $1,000 MRR Confidence in the business opportunity Transitioning from consulting to SaaS SEO as the primary growth channel Revenue milestones and profitability Customer support as differentiation Building a calm company philosophy Basecamp and Company of One influence Lightning round Where to find MemberSpace Resources Full show notes: https://saasclub.io/232 Join 5,000+ SaaS founders: https://saasclub.io/email

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SaaS Co-Founder Story: Forum Post to Profitable Niche

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