{"by":"randomthrow99","descendants":2,"id":35143906,"kids":[35144633,35144405],"score":5,"text":"I've created and owned a SaaS company for the past 10 years.

I'm the owner and sole employee that has created and bought everything from 0 with 0 loans or investments. I purchased and assembled the servers, switches, pay for colocation, maintain the software stack and built the Service (software) from the bottom up.

As you can imagine it took a while but for the past few years it's been going really well, to the tune of 35-40k/month in revenue out of which company expenses are about 7-8k - mainly colocation and a few licenses.

I'm seeing clear growth happening(30-40% YoY for the past 2 years) but I would need more capital to really take the next step. The SaaS is a niche in a very well established market with high growth happening for the next few years at least.

How much more could I be making if I get an investor(s) ? I'd have to relinquish some control of the company I guess and in the end would I be making 3/5/10x what I make now, or about the same ? Anyone has some stats on how much founders are making once they accept outside capital ?

Currently I've invested all the money I make back in the company but also in real estate ( I own 2 condos worth about 1M ) + a mortgage on a third in which I live. My current plan is to buy 4-5 more and possibly retire in my early 50s - I'm 40 now.

I also own another business, a gym of all things, and that gave me a bad taste of having to deal with employees and 1000 management problems. You make a bit more money but then you have to hire more employees, etc.

My current plan seems lowkey and not very grandiose and it's got me wondering if others were in this situation.

Yes, I'm aware of being the SPOF, I have all kinds of insurance against illness, death, etc.

What I like about the current situation is that I've lived and worked from all over the world. I've stayed months at a time in different countries & cities and got to learn new languages, discover new cultures and have an unabated sense of freedom.

I'm putting all this in the balance vs potentially making more money by growing the company - thoughts ?","time":1678746249,"title":"Ask HN: Should I grow my company?","type":"story"}

randomthrow99

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Ask HN: Should I grow my company?