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