He Built a $70K/Month Agency in Only 3 Years

Ayush Sanghavi is the founder of Byldd, an agency that…

…works with founders and entrepreneurs to create a minimum viable product (MVP) as quickly and inexpensively as possible.

📝 Words from Ayush in a recent interview…

I established Byldd as a side project in 2020. Beginning with just one engineer, we’ve grown into a team of more than 55 professionals, generating more than $70K in monthly recurring revenue and launching 2-3 products each month.

Ayush started his career as an electrical engineer in Dubai 🇦🇪 but then jumped to software entrepreneurship…

I always wanted to start my own tech business and software because I couldn’t afford to hire anyone else to write code for me. I ended up helping a bunch of early-stage companies, building two businesses of my own before Byldd and eventually starting Byldd to then help other non-technical founders who were in a similar position.

Sounds like he had some professional experience which he was able to leverage to start Byldd..

I’ve led several product teams and consistently noticed a common issue of founders spending excessive amounts on products that do not resonate with the market.

These founders often lacked strategic partners to guide them on what to prioritize, how to approach the market, or inform them about the typical challenges and traps associated with building tech products.

🧐 Finding their first clients…

I was pretty involved in the startup ecosystem in NYC – had been going to some events for a few years and got to meet many founders. The first few companies we worked with came from that network. 

Most of our businesses still comes from referrals – either by clients who liked our service or by Angel and VC investors who send their portfolio companies to us.

🤑 Byldd’s pricing…

for an initial MVP is about $10-15K and takes about 1 to 1.5 months.

Ayush adds…

The other way we make money is by investing in our portfolio companies and acquiring equity. This ties us even further with the founders we work with – their success is our success.

I like how the idea for Byldd came from something Ayush noticed when working in the corporate world.

Can you think of any issues you noticed in past jobs that could be the basis of a business? 🤔

Also worth emphasizing that Byldd’s first clients came via local networking events. 

We tend to have more trust in people we meet face to face, and offline events are unbeatable for creating those connections.

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