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Home/The SaaS Podcast/Episode 238
Makerpad: How Ben Tossell Bootstrapped a $240K Side-Project
Bootstrapping·Ben Tossell

Makerpad: How Ben Tossell Bootstrapped a $240K Side-Project

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Ben Tossell is the founder of Makerpad, a website that teaches you how to build apps and websites without writing a single line of code.

When Ben was working as the community manager at Product Hunt, he came across a lot of products that made it easier to build apps and websites without writing any code.

Being non-technical himself, Ben was intrigued by the idea of being able to use these tools to build his own products. He started spending all his spare time tinkering with these tools.

Eventually, he launched a website where he published screencast tutorials and charged people for access. He promoted it to his email list and signed up some early customers.

He kept pushing to add new features and functionality. But he quickly started to lose focus. He was trying to do too much for too many different types of customers. It was becoming a mess.

Eventually, he decided to shut that website down and go back to the drawing board.

He'd just finished reading A Company of One by Paul Jarvis. This time he decided that he was going to keep things really simple, focus on a single idea and do less.

He relaunched as Makerpad, a site focused on teaching you how to use no-code tools.

In less than a year, Makerpad has generated over $200,000 in sales – as a side project while Ben was working as head of platform for Earnest Capital.

And now he's working on Makerpad full-time and building a recurring revenue business.

Although Makepad isn't technically a SaaS product, I invited Ben on the show for two reasons:

  1. There are a lot of parallels with Ben's experience of Makerpad and what new SaaS founders have to go through. I think there are some valuable lessons to be learned.
  2. I wanted to talk about how the no-code movement is helping non-technical founders build and launch SaaS products without writing any code.

Ben's an extremely down to earth guy and we had a great conversation.

I hope you enjoy it.

This episode is part of our Bootstrapping series.

Links

  • Omer Khan: LinkedIn | X

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Bootstrapped SaaS: From Agency to $5M ARR in 2 Years - Adam Fard

Adam Fard, UX Pilot

Bootstrapped SaaS: From Agency to $5M ARR in 2 Years

Adam Fard is the founder of UX Pilot, an AI platform that helps product design teams create and ship great user experiences faster. In 2023, Adam was running a successful UX agency when ChatGPT and LLMs started taking off. He began experimenting with ways to apply AI to his team's design processes and built a Figma plugin that helped users work through UX frameworks and activities. Then during a user interview, someone asked a simple question: "I have all these ideas on my canvas, but can I turn them into something visual? Can I create a wireframe?" That question stuck with him. He started looking around to see if any tools could actually generate wireframes from text input. He found a few products claiming to do it. But when he tested them, he realized they were faking it. They were just swapping existing templates and personalizing the copy. None of them could truly generate a layout from scratch. There was a technical reason for that. Creating wireframes with AI was genuinely hard. So Adam started working on it himself. He explored fine-tuning LLMs, hired AI researchers, and tested component-based approaches. He spent four or five months iterating. Slowly, things started working. The outputs became stable enough to use. He added Figma integration so designers could bring wireframes into their existing workflow. Within six or seven months of that original user question, UX Pilot hit $10K MRR. But growth created a new problem. Adam hired too slowly. At $30K MRR, he kept questioning whether this was the ceiling. He added one engineer, waited, added another, waited again. Looking back, he says he should have hired five people at once instead of dragging out the process. Today, UX Pilot generates over $5 million in ARR with a team of 30 and over 15,000 paying subscribers. All bootstrapped. In this episode, you'll learn: - Why Adam initially said he didn't want the product to focus on AI generation, and what changed his mind a few months later - How he validated the wireframe generation opportunity by testing competitors and discovering they were all faking it - What happened when Google suddenly deranked all of UX Pilot's landing pages, and how he recovered - Why talking about product updates in his newsletter drove more engagement than traditional educational content - How focusing narrowly on design (instead of building another no-code tool) became their biggest competitive advantage

Bootstrapped SaaS to 8-Figure Exit (No VC, No Problem) - James Ashford

James Ashford, GoProposal

Bootstrapped SaaS to 8-Figure Exit (No VC, No Problem)

James Ashford is the founder of GoProposal, a proposal and pricing platform for accountants which he bootstrapped and sold for an 8-figure sum. James didn't have a tech background. He wasn't an accountant. And he'd never built software before. But he noticed something broken: accountants couldn't price their services. They'd guess fees based on what the last client paid. Proposals took days. Deals fell through because people got busy. So he built a simple solution. A digital menu that let any staff member price and close deals in 15 minutes. The first version? A WordPress plugin that cost £4,000 to build. Before writing a single line of code, James did something unusual. He calculated how much money he needed to never work again (£5 million), identified the companies that might acquire his business (Sage, Intuit, Xero), and printed their logos on his wall. This wasn't optimism—it was his bootstrapped SaaS exit strategy from day one. To crack the accounting industry as an outsider, he traded 10% of his software company for 10% of an accounting firm. Instant credibility. Then he wrote a book in two weeks, made it an Amazon bestseller, and used it to build a waitlist of hundreds before launch. His marketing philosophy was simple: market like a celebrity chef. Gordon Ramsay shows you how to cook his recipes for free. You still go to his restaurant. James gave away everything—the methodology, the frameworks, the exact playbook. People still bought the software because they wanted it done faster. The bootstrapped SaaS approach forced creativity. When he realized a single conference cost £25,000, he hired a full-time videographer instead. Twelve months later, the pandemic hit. Competitors who relied on events were stuck. GoProposal dominated online. By the time he sold, GoProposal had over 1,100 customers, a 78 NPS score, and playbooks for every single process in the business. Three potential acquirers approached him within months of each other. The exit price? 8 figures. The multiple? One he still doesn't publicly share because it was "crazy."

Bootstrapped SaaS to $30M ARR: Why Scarcity Forces Focus - Sam Darawish

Sam Darawish, Everflow

Bootstrapped SaaS to $30M ARR: Why Scarcity Forces Focus

Sam Darawish is the co-founder and CEO of Everflow, a partner-marketing platform that helps companies manage their affiliate programs, influencers, and performance-marketing campaigns. Sam started in online marketing in the early 2000s, working at one of the first affiliate and pay-per-click companies in San Francisco. When the iPhone launched in 2008, he and his two co-founders saw a chance to bring what they had learned from desktop to mobile. They bootstrapped Moola Media, one of the first mobile affiliate networks, and built their own tracking platform because there were no good third-party options for mobile at the time. In 2013, Opera acquired Moola Media for $50 million. During the three-year earn-out, Sam kept hearing the same complaint from marketers: no one liked the existing affiliate-marketing software. When the earn-out ended in 2016, the founders invested a few hundred thousand dollars of their own money into Everflow and did not pay themselves for the first couple of years. The first six to seven months of their bootstrapped SaaS journey were spent talking to potential customers and refining ideas. Then they decided to go all in at Affiliate Summit in Las Vegas, renting a booth with nothing more than screenshots of the product. Two prospects from that conference became their first paying customers—even though one made them sign an agreement to take over the software if the company failed. By early 2018, the bootstrapped SaaS hit $1M ARR with just 10 people and turned profitable. Today, Everflow has grown to nearly $30M ARR with 1,200 customers and 120 team members across San Francisco, Montreal, Amsterdam, and Dubai—all without raising external funding.

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