It’s a hard balance being in the Software/SaaS (Software As A Service) industry. We can put lots of time and focus into systems and development, but sales may suffer… or we focus on sales and then development suffers… ProActive Software (www.proworkflow.com) has bootstrapped (growth through no funding, and only sweat equity) to profitability thus far and this is fun to a point however if the intention is to bootstrap through to profitability as we’ve done, the issue is 100% correct allocation of resources between development, sales, systems and marketing.
We don’t have a truckload of resource, rather a smaller dedicated team and no massive flash offices (ProActive is largely a virtual team). There are a few contractors globally but we do A LOT with what we have.
We’re up to a good number of dedicated servers in California and one in NZ, and are in profit. So the years of hard work have paid off. Revenue is looking healthy and we all earn good salaries (founders work 16hr days).
The biggest problem I see in both the local and global market is the high number of software/SaaS co’s trying to scale, but using (old school) high inertia sales and marketing.
I was thinking it’s time to ‘get down to business’ for the year and it reminded me of an awesome wee tune called “It’s Business Time” by our superstar New Zealand folk legends, “Flight Of The Conchords”. Enjoy!
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Another couple of upcoming NZ software entrepreneurs…
Continue reading about More NZ Entrepreneurs succeeding on the global stage.
Recently we were interviewed by FastServers. Have a read of the interview and you’ll get a feel for what makes the company tick.
Continue reading about FastServers Interview: Software as a Service – ProWorkflow.com
