klox

You indirectly mentioned this in your talk: You have users enter their CC details whens starting a free trial on AR instead of when the free trial ends.

I've heard Rob Walling recommend this approach on his podcast, and noticed you do it for AR, but I've never seen you write about it. I would love to hear just a little more about it and any A/B data you've collected on it.

On the one hand it obviously decreases the number of users passing through the sign up stage of the funnel, but on the other hand it's obvious that the customers who do sign up convert a lot more.

Thanks!

Er, what? Every single site I can think of 'leaks' this information through their registration page.

Try and sign up for a new Scribd account with an existing email:

"That email address is already taken; please choose another one"

Try to sign up for a Facebook account with an existing email:

"Sorry, it looks like somebody@somewhere.com belongs to an existing account"

Yes. Which is why the first line of my comment literally reads "Luck is what happens when preparation meets opportunity".

Currently adding over 4k paid users per day.

He reaches $1 million at just over 40k paid users.

Factor in the userbase he's already been building for 4 years, the hundreds of thousands of Google Readers currently leaving, the millions that will need to find a replacement before July, and the last-minute movers on July 1st.

I don't think server costs and a couple of employees will put him below a 7 figure income.

3400 is only the number of new paying users in the last 24 hours.

The amount of annual income from this product will now end with "million".

"Luck is what happens when preparation meets opportunity"

Congratulations.

This is why I love SaaS. 6 figures revenue in a couple of days, and I can only imagine how much more will be made in the next 3 months... and beyond.

But it's not a once-off payday. This is recurring. 7 figure annual income is yours, Sam. People slave away for decades trying to reach a tiny fraction of this amount. Put it to good use, brother.