I had the pleasure of attending a workshop event held this past Saturday at the awesome CoCo coworking space at the Minneapolis Grain Exchange. It was called SaaSCamp 2012. Note the year is part of that title, because it fully intends to be a recurring event. If you’re part of an early-stage software-as-a-service business, or planning one, and you missed this workshop — well, you missed a great one, and I would make sure you get to the next one when it happens!
The event was conceived and conducted completely by Lief Larson, CEO and founder of Workface Inc., with assistance from a couple of his team members. Workface is a growing startup in Minneapolis that itself developed a SaaS offering it now markets widely, which it calls a “customer engagement platform.” I was extremely impressed with the breadth and depth of the content Lief pulled together for this event. It included a extensive look at market data for SaaS in the U.S. and globally, monetization strategies and practices, selling to the enterprise, negotiating contracts, increasing adoption and retention of your app, marketing your app, creating a channel to sell your app, financing and funding a SaaS business, training your SaaS customer, and ongoing monitoring of your SaaS business. On top of all this, Lief related some really excellent stories throughout the workshop about his journey in funding and building Workface.
I had a chance to follow up with Lief afterwards to get some further perspective on the story behind SaaSCamp…
Q: Lief, why did you decide to do the event?
Lief: I’ve had a great group of mentors who have helped me during my entrepreneurial journey and I try to pay it forward by helping other young businesses and entrepreneurs to find success. A few of my “mentees” are building applications that are software-as-a-service (SaaS) offerings and asked that I consider putting on an event. That’s why I created SaaSCamp 2012 — to bring together like-minded people working on SaaS. I think the event is already bigger than me, and I’m hoping the community will take it and run with it. … [Read More…]