Summary
Better Proposals, co-founded by Adam Hempenstall, is an online tool designed to help businesses create and track modern-looking proposals. It caters to a diverse range of customers, including freelancers and large sales teams. The company has experienced rapid growth, expanding its customer base to 10,000 paying customers and growing at a rate of 200% year-on-year for the last three years. Hempenstall's entrepreneurial journey started in web design, leading to the development of various SaaS apps and ultimately culminating in the creation of Better Proposals.

Unique Aspect
The platform distinguishes itself by focusing on simplifying the proposal process, offering trackable, modern-looking proposals that appeal to a broad spectrum of businesses.

Approach to kick off
The idea for Better Proposals came from Hempenstall's personal need for a tool that could provide insights into when proposals were opened, leading to the creation of an internal tool that generated more interest than their other business ventures.

Scoop

Business Model Viability
The focus on streamlining the proposal process with a user-friendly online tool has proven to be a successful model, applicable in various business contexts.

Future Projections
Plans for continued expansion and potential exploration of new products or acquisitions, while maintaining the company's ethos of simplicity and focus.

Startup Stats

📊 ARR: $90,000

📈 MRR: $7,500

🚀 Startup Costs: $500

👥 Team Size: 12

🌍 Market: Targeting freelancers, small businesses, digital agencies, and large sales teams

👨‍💻 Users: 10,000 paying customers

💰 Funding: Self-funded, profitable from day one

👨‍💼 Founders: Adam Hempenstall