Episode #251
Building, Buying, and Selling Small SaaS Businesses with Stuart Faught #251
Stuart Faught is the Founder and CEO of MiniHorse, where he helps first-time founders transition from corporate life to software business ownership through Ready-to-Scale™ SaaS business opportunities. A strong believer in the potential of vertical SaaS, Stuart focuses on helping entrepreneurs acquire and grow software businesses as long-term assets. Stuart has built and sold more than 20 SaaS businesses, gaining extensive firsthand experience across the full journey of building, operating, and exiting software companies. He is also the Co-Founder of Covington, a Revenue Intelligence platform for oral surgery groups. Based just north of Los Angeles, Stuart lives with his wife and four children and continues to connect with entrepreneurs interested in acquiring and growing SaaS businesses. In this episode we cover: 00:00 - Intro 01:29 - What Makes a Small SaaS Attractive to Buyers 07:32 - Why Small SaaS Is a Great Path for First Time Founders 09:57 - Why Vertical SaaS Wins 13:45 - Growing SaaS From $0 to $500K ARR 19:56 - Why Stuart Built MiniHorse 24:00 - Profile of a Successful Franchise Founder 26:24 - Stuart's Favorite Activity To Get Into a Flow State 27:38 - Stuart's Piece Of Advice For His Younger Self 29:02 - Stuart's Biggest Challenges at MiniHorse 29:44 - Instrumental Resources For Stuart's Success 31:26 - What Does Success Mean for Stuart Today 33:12 - Get In Touch With Stuart Get In Touch With Stuart: Stuart's LinkedIn MiniHorse Website Mentions: John Richards Andrew Gazdecki Books: Goals! How to Get Everything You Want by Brian Tracy Tag Us & Follow: Facebook LinkedIn Instagram More About Akeel: Twitter LinkedIn More SaaS Podcast Episodes SaaS Consultants How To Value Your SaaS Company
