My two apps made $30M

Starter Story 11min #95
My two apps made $30M
Watch on YouTube

Summary

  • Will Cannon

    • Background and origin story
      • Started a mortgage company at 19 with his girlfriend (now wife) during the 2005‑2007 subprime boom
      • Earned significant money quickly, then lost everything when the mortgage crisis hit
      • While rebuilding, ran a lead‑list agency (2007‑2017) that sold lists of loan officers and real estate agents
      • Repeatedly encountered poor data quality from vendors, prompting the idea for a verification tool
    • Pivotal moments and turning points
      • Realized there was no tool to verify emails and phone numbers in real time → built Uplead
      • In 2020 observed the shift to online signing; saw DocuSign’s complexity and created a simple alternative → built Signaturely
    • Business growth, current status, or exit details
      • Uplead: over $30 million in sales, 4,000+ customers, >100 k monthly website visits
      • Signaturely: over 1.6 million users, >$1.5 million in sales, >800 k monthly visits
  • Products and Offerings

    • Uplead
      • B2B data provider delivering real‑time verified emails, mobile numbers, and buyer intent signals
    • Signaturely
      • Easy‑to‑use e‑signature platform positioned as a simple alternative to DocuSign
  • Metrics and Financials

    • Uplead
      • Over $30 million in sales
      • 4,000+ paying customers
      • 100 k monthly website visits

    • Signaturely
      • Over 1.6 million users
      • Over $1.5 million in sales
      • 800 k monthly website visits

  • Strategy and Growth

    • Overall vision and positioning
      • Enter markets with proven product‑market fit, then add a unique twist based on customer complaints
    • Primary growth engine or method
      • Uplead: cold email drove first $1 M ARR
      • Signaturely: SEO and free tools drove user acquisition to 1.6 M
    • Key tactics, channels, or strategic steps
      • Cold email framework: short, human‑sounding emails that reference the prospect’s LinkedIn, position against a known competitor (e.g., ZoomInfo), and offer a no‑cost trial
      • SEO strategy: build free signature tool and rank for template‑related keywords (marketing, construction, landlord agreements) to capture inbound traffic
      • Skill‑based acquisition: leverage cold email, cold calling, SEO, or ads depending on personal expertise
  • Lessons and Advice

    • Set big, hairy, audacious goals (moonshots) rather than modest targets
    • Don’t sweat small obstacles; keep focus on the big picture
    • Persist through failure; expect to try many ideas before success (failed ~15‑20 ventures before two winners)
    • Execution matters more than ideas; be prepared to get back up and keep going
  • Opportunities right now (2025)

    • Super simple CRM (large, fragmented market)
    • Payroll software for small businesses (fragmented; could emulate FreshBooks’ SEO‑driven template strategy)
    • Website analytics tool (infinite market; enhance with AI/LLM mention tracking)
Back to Starter Story