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He read TMFL, he made one million dollars, HostiFi

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A detailed account of a Fastlane process...

loop101

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View: https://twitter.com/_rchase_/status/1413666084931227652


"I made a million dollars in SaaS"

View: https://twitter.com/_rchase_/status/1413669495902703617


"It began in January 2018 when I read @MJDeMarco's book "The Millionaire Fastlane " and decided I wanted to start a SaaS because I read that it was a great business model."


Mentioned here, last year, by his friend:

 
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MJ DeMarco

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Love it, thanks for sharing. I don't spend a lot of time on Twitter or social media so I tend to miss stuff like this.
 

rchase

New Contributor
Nov 24, 2020
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Midland, Michigan
View: https://twitter.com/_rchase_/status/1413666084931227652


"I made a million dollars in SaaS"

View: https://twitter.com/_rchase_/status/1413669495902703617


"It began in January 2018 when I read @MJDeMarco's book "The Millionaire Fastlane " and decided I wanted to start a SaaS because I read that it was a great business model."


Mentioned here, last year, by his friend:


Thanks for sharing my story @loop101!

And thank you @MJ DeMarco, I wouldn't have built this business if I hadn't read TMFL. I had a great conversation with @ZackSprague over the weekend who found me through this post.

Funny story about how I discovered TMFL book. I was working at Steelcase in Grand Rapids, Michigan. During my lunch breaks I was usually working on projects for my IT services side business, but one day there was a Network Engineer on my team who had quit and it was his last day. I had lunch with him and asked him where he was going next. Steelcase was one of the best places to work, so I figured he had to be doing something big if he was quitting.

He quit because he had created toys for kids that focused on teaching science and technology and built it up for a few years already. He had even flown to China to meet with manufacturers and attend toy manufacturing conferences there. That side business was generating more income than his (high earning) job as a Network Engineer at Steelcase, so it just didn't make sense for him to keep going to work he said.

TMFL was what got him started on that and he recommended it to me.


View attachment 39295

I couldn't put the book down, finished reading it about a week later.
View attachment 39297

A few months later, I launched a SaaS business:

View: https://twitter.com/_rchase_/status/999800341305745409?s=20


3 years later I made my first million dollars, and this year I'll most likely make a second million ($940K in annual recurring revenue right now).

Along the way I've always been open about my progress, sharing updates and trying to help others who want to take this journey as well because I couldn't have done it without the people like @MJ DeMarco who showed me the way.

If I can help anyone with questions, especially SaaS model, just let me know! DMs are open too.
 
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Last edited:

MJ DeMarco

Administrator
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
Jul 23, 2007
33,441
128,637
Alpine, UT
Thanks for sharing my story @loop101!

And thank you @MJ DeMarco, I wouldn't have built this business if I hadn't read TMFL. I had a great conversation with @ZackSprague over the weekend who found me through this post.

Funny story about how I discovered TMFL book. I was working at Steelcase in Grand Rapids, Michigan. During my lunch breaks I was usually working on projects for my IT services side business, but one day there was a Network Engineer on my team who had quit and it was his last day. I had lunch with him and asked him where he was going next. Steelcase was one of the best places to work, so I figured he had to be doing something big if he was quitting.

He quit because he had created toys for kids that focused on teaching science and technology and built it up for a few years already. He had even flown to China to meet with manufacturers and attend toy manufacturing conferences there. That side business was generating more income than his (high earning) job as a Network Engineer at Steelcase, so it just didn't make sense for him to keep going to work he said.

TMFL was what got him started on that and he recommended it to me.


View attachment 39295

I couldn't put the book down, finished reading it about a week later.
View attachment 39297

A few months later, I launched a SaaS business:

View: https://twitter.com/_rchase_/status/999800341305745409?s=20


3 years later I made my first million dollars, and this year I'll most likely make a second million ($940K in annual recurring revenue right now).

Along the way I've always been open about my progress, sharing updates and trying to help others who want to take this journey as well because I couldn't have done it without the people like @MJ DeMarco who showed me the way.

If I can help anyone with questions, especially SaaS model, just let me know! DMs are open too.

Thanks for sharing the story and joining us. Glad to hear about the unfolding and growing success story.
 

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