Your startup's expenses are too high

October 30, 2018 / 57:33/E32

It's easy to get carried away with the "you gotta spend money to make money" meme.

How much does it cost to run a SaaS in 2018? We take a look at our bootstrap expenses.

Every business accrues monthly expenses. The danger? Business owners can get in the habit of spending money, believing that "you gotta spend money to make money."

Transistor's expenses

Start up:
- Logo and branding: $2,500
- Stripe Atlas: $500
- Legal: $366.45
Monthly expenses:
- Editing: $320 / month
- AWS: $300 / month
- Media: $60 / month
Yearly expenses:
- Domain: $100 / year
- Incorporation: $200 / year
- Accounting: $2k / year

What do you think?

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Show notes:

Patio11's reply to Justin's tweet: "It is far, far, far easier to create something that will increase the revenue of your business by $200 a month than it is to squeeze $200 out of the expenses."
Our branding designer is Dylan Wells.
Thang Pham