Making $1m ARR with social media scheduling

Making $1m ARR with social media scheduling

Davis is the co-founder of OneUp, a startup making $1m in annual revenue. It's a tool for scheduling social media posts across a range of platforms like Facebook, Twitter, Instagram, TikTok, LinkedIn and many more. Davis joined me for an interview about joining the business as a marketer, why you can compete on price and how he started a community for founders making $20k/m.

Davis

Can you tell us about the start of OneUp?

OneUp was originally started by my co-founder Vishal as a side project back in 2016, but it floundered along for the first year or two, with Vishal struggling to find paying customers (Vishal is a developer and would be the first to admit that marketing is not his strong suit).

Fast-forward to 2018, I was doing some freelance marketing, but was looking for something that I could put my full-time focus behind. I posted on Indie Hackers that I was a marketer looking for a new opportunity. I got a decent amount or replies and DMs from that post, one of which was this message from Vishal:

We did a couple of Zoom calls, and then eventually agreed to come together as 50%-50% co-founders of OneUp.

It meant basically making $0 of personal income for the early stages of OneUp, but I knew the upside potential was quite large based on the competitors in the social media scheduling space.

I also had the luxury of my wife working a full-time job, so even if things didn’t work out with OneUp, I’d still be able to eat. But within a few months of partnering up, Vishal and I were able to reach $1k MRR with OneUp, and have kept that momentum ever since.

What are the pros and cons of having a co-founder?

The biggest advantage of running a solo business is obviously that you own 100% and have full control. But I hear a lot of solo founders talk about how lonely the journey can feel.

Having a co-founder means less equity and less control, but can ultimately lead to a bigger, better, and more profitable company with the right co-founder. If you're a dev and you struggle with marketing, bringing on a marketing co-founder could be the key to success. Vishal often says that he thinks OneUp would still be at basically $0 MRR if we didn't parter up :)

How did you get your first users?

Our first handful of users came from launching on Product Hunt. Nowadays, most of our users find OneUp via SEO and content marketing.

What tips do you have for making your first SaaS?

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