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Are you Spending too much on Software?
Manage episode 512303512 series 3694470
B. Scott Todd에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 B. Scott Todd 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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/
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