Navigated to 463: Escaping the "Consulting Trap": How to Pivot to $1M ARR - with Ibby Syed

463: Escaping the "Consulting Trap": How to Pivot to $1M ARR - with Ibby Syed

November 27
57 mins

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Episode Description

Ibby Syed spent 18 months building a customer analytics product that hit $150K ARR—only to realize he'd accidentally built a consulting business, not a software company. Then his co-founder wrote 100 lines of code using the OpenAI API, and everything changed.

In this episode, Ibby shares how he and his co-founder pivoted from a struggling analytics tool to building Kotera, an AI agent platform that crossed 7-figures in ARR. He explains why most vertical AI startups will grow fast and die, and how teaching customers to build their own agents created a more scalable business.

You'll learn:

  • How to use LinkedIn outbound with an 8-10% response rate to book 25+ customer interviews per week
  • Why early revenue can trap you in a "local maxima" and make pivoting harder
  • How 100 lines of API code outperformed a bloated data science solution and triggered a pivot
  • Why sending prospects actual value (like leads) beats generic pitches in today's saturated market
  • Why building horizontal tools may be more defensible than vertical AI solutions

Full show notes → saasclub.io/463


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Get weekly SaaS lessons and new founder stories → saasclub.io/email

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