164: Damon Chen — Building a $400k/year SaaS

Damon Chen talks to Arvid about priorities and building a $400k business.
Today, I am talking to Damon Chen, the founder behind Testimonial.to, a social proof tool that has recently reached $400.000 in annual recurring revenue. Now that’s extremely impressive, particularly considering that Damon got it there all by himself.

So, let’s just ask him how this family man accomplished such growth while living in one of the most expensive places you could build a business in. Here’s Damon Chen.

LonelyDev is a community that I built to solve my own problem. 1:01
Lonely Dev turned into IndieLog. 4:09
How to get out of a full-time job to start a business. 12:55
Why you need to be healthy and whole to be able to build a good business. 19:33
Why you need to add video reviews to your landing page. 26:31
Video and authenticity 31:30
There is a point where you reach saturation and you need help. 36:20
What is your exit plan for your business? 42:27
The importance of having a good exit strategy. 47:18
The importance of having a community to support bootstrappers. 51:16



This episode is sponsored by MicroAcquire

Creators and Guests

Arvid Kahl
Host
Arvid Kahl
Empowering founders with kindness. Building in Public. Sold my SaaS FeedbackPanda for life-changing $ in 2019, now sharing my journey & what I learned.
Damon Chen
Guest
Damon Chen
I quit my job to make:💜 https://t.co/ytLr0822HP👋 https://t.co/tKmQLdRngT🎥 https://t.co/sxaDgujyxZ🦸 https://t.co/myCuVipMfUWe are @penn_state! I tweet about bootstrapping my own business 💪

Join the Bootstrapped Founder Newsletter

Delivered to you every Friday, with news from the bootstrapped world and what I think about them.

checkmark Got it. You're on the list!
@ 2022 Arvid Kahl