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How Andre Haykal Jr. built a $2.4M SaaS in 87 days
Executive overview
Andre Haykal Jr. spent months burning cash on developers who couldn't ship, nearly quitting before relaunching ListKit — a cold email lead generation SaaS — to $1M ARR in 87 days.
The key was the productized SaaS approach: sell the service manually first, build cash flow, validate demand, then convert to software. By launch day, he had a warm audience of paying customers who had shaped the product and were ready to buy.
Serve the market before you build the product.
The productized SaaS model
- Run the service manually on the backend; the customer sees a product-like front end
- No dev costs upfront — fulfil orders by hand with existing skills
- Use the revenue to fund product development over time
- Gather real market research before writing a line of code
- Enter launch with proven demand and a ready-to-buy customer base
How ListKit got its first customers
- Cold emailed prospects offering 50 free leads as a lead magnet — no hard sell on the product
- Leveraged existing audiences from the agency and coaching business (Client Ascension)
- Told the full story publicly — struggles, failure, rebuild — so customers felt invested
- Launch was a handful of emails, live calls, and tweets to a warm list; no paid ads needed at first
Pricing strategy
- Start by calculating your own costs, then benchmark competitors
- Ask customers what they like and dislike about competitor pricing
- ListKit uses a simple credit-based model at $97/month entry, scaling to enterprise tiers
- No free trial — a money-back guarantee captures revenue immediately and filters out freebie seekers
Growth channels
- Cold email: primary early channel; aligned perfectly with the target audience's own goals
- Paid ads: scaled past the ceiling cold email hits; test ~20 new creatives per week (mix of direct-to-camera video and static images)
- Content and affiliates: compounding long-term channel
- Product ecosystem: coaching program and agency funnel customers into ListKit
Building the co-founder team
- Five co-founders with fully complementary skill sets: CEO/team leader, CTO, two CMOs, head of sales
- Rule: only recruit for skills you don't have; don't duplicate your own strengths
- Find co-founders in communities where the skills you need already concentrate
- Align on vision before anything else — misaligned vision means working in opposite directions
- Debates are normal; treat co-founder relationships like any relationship that needs active maintenance
Keeping costs under control
- Total monthly operating cost: $150K–$175K (team, ads, acquisition)
- Majority of the 40-person team are offshore developers (Ukraine) and CS reps (Lebanon)
- Offshore hires cost $1K–$2K/month vs $5K–$8K for equivalent US hires
- Offshore team members cited as equal to or better than US equivalents in output quality
Competing against established players
- ListKit identified that Apollo leads were unverified — a known pain point among users
- Built the same core product with one key improvement: verified leads
- Strategy: find a dominant, proven incumbent; find what users hate about it; fix that one thing
- Every new customer gets a one-on-one onboarding call — a churn-reduction edge competitors don't match
Mindset and longevity
- Seven years of entrepreneurship before this breakout; first four to five years were not a success
- Consistency during bad periods matters more than doubling down during good ones
- Focus on inputs (what you control), not outputs (results you can't always control)
- Continuous personal investment — coaching, mentors, learning — compounds into team capability
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