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

    NOTABLE! SAAS / APPS EXECUTION 
    I was working towards a college degree and doing computer hacking. I wasn't very good at it and I didn't get accepted into the program so I went into auditing with Ernst & Young. I was miserable, got fired, and in the last year of college I picked up a book Rich Dad Poor Dad. That is what...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    By focusing all of the energy into a 6 month period, an added element of magic is added. When you are by yourself I can see it taking 2 years, when you're surrounded by hundreds of people all taking action, your mindset growth is accelerated. I think we compress it by focusing on the 80/20...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Criteria Number 1: Lucrative industries are preferred Criteria Number 2: Profit driven businesses Criteria Number 3: Roughly 5,000 to 10,000 businesses (or more) in the market industry Criteria Number 4: Reachable by phone, email, facebook, linked in, twitter, or message boards. Criteria...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    No, I don't have any advice regarding disclaimers. That's an interesting situation you've found yourself in. On your second issue, that seems more like an attorney question? For the competitor, as soon as you have conversion numbers with 95% confidence (sample size of 25 conversions) -...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Idea extraction is best done over the phone. Sometimes, you can do one line emails back and forth with questions from time to time, but best to get people on the phone. I'd contact people from different time zones, west coast is great if you're not there, you can get some calls in there if you...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Question: First, the tough one: Why package and market your system as opposed to scaling one of your existing SaaS offerings to 7 figures a month or building a portfolio of 6 figure SaaS apps? Answer: My deeper reason why for living is to help others find freedom. For me I believe freedom is...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Dude, that sounds awful, I wish I could have been mentoring you inside The Foundation, we could have avoided that whole mess. Question: What to look for in a developer to prevent getting screwed? And question about contracts? Answer: We have a whole programming test, and also require a full...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    BAD a$$! I hated being scammed. Woohoo!
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    Excellent question. Take my primary breadwinner PaperlessPipeline.com - last year when I started the Foundation it was $40k a month in revenue. Now... one year later it's over $60k a month in revenue. It grows without my involvement. SaaS is insanely awesome. That $60k in monthly revenue is...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    4) There isn't a lot of convincing. In fact, that word convincing has me wonder what your perspective on sales is. I see selling as alignment with removing pain, and getting money for that. With our process on idea extraction, we are asking people what their painful problems are. So once we've...
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    Dane Maxwell AMA-- SaaS, Membership Sites, The Foundation

    NOTABLE! SAAS / APPS EXECUTION 
    1) It just doesn't seem to happen. Our belief is that there is always an unmet pain or need in any market, you just have to dig deep enough to find the pain. Which means, there are plenty of awesome ideas. In times where people stumble upon the same pain through idea extraction, we have students...
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    Sept 9th: AMA- Dane Maxwell

    Looking forward to playing here :-) I hope you guys can ask me the hard questions.
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