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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    I'm still experimenting with this philosophy. I'm really rough on it, so I'm going to feel out loud a bit here. Expect this to NOT be articulate. I feel kindness is a part of freedom, and the another part of freedom is being true to your feelings. And expressing them. If you're in a job...
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    former student of the foundation(dane maxwell) willing to answer questions

    NOTABLE! 
    Greg, hey man. I'm compiling an awesome video reply to address your questions and comments. It was hard to hear. But thank you. Your refund will totally be granted dude. I'm really sorry you don't feel it was worth the money. Be awaiting that video reply here brother :-)
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    It looks like all the current questions are answered. Keep them coming. I am here to serve.
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Skylizard, we like to build a SaaS business to it's first version in 12 weeks. You have a few options here. OPTION 1 If you are hiring a developer full time that's 40 hours x 12 weeks = 480 hours If you are paying $50 an hour that's $24,000. A bit much, right? I built PaperlessPipeline to...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    1) Beta testing is not a good word to use. It implies they are helping you. You are the one helping them son! You want to switch that frame to champion users / founding members. We don't build the software until we have pre-sales. These pre-sales are the beta testers. So I find beta testers /...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    If all of my businesses burned to the ground and I had to start from nothing, this is what I would do. Here's how I'd do it if I were going after one of my favorite niches I think would be awesome to be serving, Chiropractors. Seriously, look at this business: Chiropractic Marketing |...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Hey Freeman! The nice thing about profit margins, is you as the business owner get to decide what you want to run at. And with SaaS, they can be insanely high. I always wonder how much 37signals profits off of basecamp. That SaaS is insane. The core expenses in a SaaS business are servers...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Yeah man, ask me anything is what it is right? Keep the hardest questions coming. I want to be pushed.
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Last year our refund policy was 2 fold "build a software company with 10 paying customers in 6 months or your money back" and... "If you're not happy with where you're at in your life... get a refund." We had somewhere between a 10 and 15% refund rate. This was a terrible number, we think this...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    The long letter was a guy from Slovania. He borrowed money to get in the program from friends and family. He has not built software, but instead is becoming a software consultant to completely build your MPV in 3 months or your money back. He's working with foundation clients as a coach. He...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    not that I've seen yet.
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Question: What are the shortcomings of mindset that "green" recruits harbor when they enter your program? Answer: The more common beliefs I find that are deep identity beliefs. A fear of failure means something bad and a fear that I'm not made out to be an entrepreneur. Failure is awesome, not...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    10 years? Haha. I don't know. Forever? A solid SaaS application solving a serious pain, should last as long as you stay on top of it with new features - and this is easy, invest 25% of revenue back into dev, and let the dev take care of it. I like to build businesses that are like insulin to a...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    general timeline for launch: 3 months before launch: Throw up key desire video with opt in to the bonus, in this case, a case study. Start getting leads by sharing on Facebook. Then start blitzing interview sites with links back to TheFoundation.com. Make people wait for the case study to...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    I've spent over $20,000 on info products and experts learning how to do webinars. What you're asking are for the golden nuggets. I'll do my best to give you actionable advice. And to do that... I'll use a friends business as an example. Assume you are already building a list on your website...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Hey Stefan, learning to code would be fun, and exciting I think. I have a desire to learn to code, but that desire conflicts with wanting to own a business and not have to work. In the Foundation, we don't allow you to write code on your own projects, it's prohibited. If you write a line of...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Hey Rogue! This sounds like you've uncovered a seriously awesome limiting belief about your identity. Let's get started dismantling it brother! If I was to guess, it would be something like... "In order to have or feel valuable in the world, I have to come up with an idea and do the work...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    What a beautiful question! 1) My SaaS business Generated roughly $700k in revenue last year with a 25% profit margin, I kept roughly $175,000 - that was for maybe 10 hours of work the whole year. It's all on autopilot. What's nice is that my expenses to live are less than $2k a month. I now...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    1 Sam Ovens - SnapInspect Property Inspection App Software 2 Dan Corkhill Real Estate Lead Management Software. Convert leads into closings. 3 Anonymous hedge fund dude - domain not disclosed (which he wasn't so private... grrr) 4 Carl with ClinicMetrics 5 Geordie with Guest Retain 6 Esther...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    What an awesome question. Yes. We offer two guarantees. If you are unhappy with the program, or you don't get a business with 10 paying customers on your software at the end of 6 months, you can get a full refund. This year 2013 336 members sign up and X number refund. We don't like keeping...

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