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From Failed Side Projects to $60K MRR: How Mac Martine Built and Sold Castanet in Just 2.5 Years

6/12/2024
Castanet
Mac Martine
Castanet
castanet.ai/
Denver, United StatesFounded 2018
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Monthly Revenue
$60,000
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Founders
Mac Martine
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Employees
1
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Business Description

Castanet was a SaaS platform focused on LinkedIn-based lead generation, helping sales teams and entrepreneurs automate outreach, manage connections, and generate leads efficiently. It gained rapid traction due to its user-centric MVP approach, customer feedback-driven iterations, and innovative white-label reseller program that expanded its reach without heavy staffing.
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Executive Summary

Mac Martine’s journey from failed side projects to building Castanet, a LinkedIn-based SaaS, reveals the impact of shifting from passion projects to solving validated business needs. By engaging potential clients early, rapidly building an MVP, and cleverly leveraging resellers, Mac drove Castanet’s growth to $60K MRR in under three years, culminating in a lucrative sale and a new chapter as a digital nomad.
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From Failed Side Projects to $60K MRR: How Mac Martine Built and Sold Castanet in Just 2.5 Years

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Case Study Content

How Mac Martine Turned Castanet Into a $60K MRR SaaS—and Sold It

For years, Mac Martine hustled on one project after another, hunting for that magical idea that would finally catch fire. Like many developers, he tried turning hobbies into business, but nothing stuck. Everything changed when he stopped building for himself and started building for others.

The Spark: Talking to the Right People

By 2018, Mac was consulting full-time, building MVPs for entrepreneurs who’d had earlier successes. He became sharp at spotting what works in an MVP—and what’s just extra baggage. Instead of guessing what business owners needed, Mac picked up the phone and called dozens of executives and decision-makers. He wasn’t pitching; he was asking simple questions: What keeps you up at night? What slows down your sales team? Very quickly, a pattern appeared. Sales teams, especially those using LinkedIn, were drowning in manual work and hungry for better tools.

Zero to MVP: Listen, Build, Launch

Mac scrapped his old hobby-focused approach. Instead, he honed in on one burning pain: sales leaders struggled with LinkedIn outreach. In just four weeks, he built the barebones version of Castanet—enough to prove the core worked, even if the edges were rough. He then looped back to all those contacts who shared their pain. Many said yes, they’d pay to use it. His first sale came quick. So did his second and third.

With a small army of early customers, Mac got feedback fast. Some things broke, and users got annoyed. But because they had a “seat at the table” from the start, they gave him brutally honest suggestions. Within a few months, Castanet was sharper, easier, faster. Mac cut back freelance work and poured more energy into this now-growing SaaS business.

Using Your Own Product to Grow

Castanet wasn’t just a tool for customers—it was the engine behind Mac’s own sales. He used Castanet itself to generate leads and set demos. At first, every prospect wanted a Zoom tour. That was good—lots of interest—but it also meant Mac was chained to his laptop running calls all day. Growth was a double-edged sword: more calls, more sales, less freedom.

Breakthrough With Resellers

A customer asked if they could white-label Castanet and sell it on their own. Exhausted by endless demos, Mac hesitated. But after a few more grueling weeks, he said yes. That first reseller became a mini–sales team. Soon after, three more signed on. Suddenly, sales were happening without Mac needing to demo or chase leads. Without hiring staff, Castanet’s reach multiplied—other people were now invested in its success.

Scaling—and Deciding to Sell

Within 2.5 years, Castanet hit $60,000 in monthly recurring revenue. The business was working—maybe a little too well. Mac, still the only full-time operator, was maxed out. He weighed the idea of hiring but dreaded the months of onboarding and systematizing.

Instead, he chose to sell. Through FE International—a known broker for SaaS—a buyer was found in about eight weeks, and the deal closed in a couple months. There were tense moments, but everything cleared. The result? A life-changing payout and a blank calendar.

Post-Exit: Living and Building on the Move

With Castanet in the rearview, Mac and his family swapped routine for adventure. They became digital nomads, spending a year in Croatia and then moving to Valencia, Spain—with their two boys in tow. In two years, the family visited 15 countries.

But Mac hasn’t stopped building. He co-foundedAware, a LinkedIn engagement tool, and launched other SaaS products (like ViralBox) and a newsletter. The central lesson? Harnessing the energy of relationships—resellers, influencers, and customers—for sustainable, word-of-mouth growth.

What Worked—And Why

  • Listening first and building what users actually needed, not what he personally wanted.
  • Launching an imperfect, MVP-level product and iterating fast based on real feedback.
  • Using his own product for growth (never stopping the experiment at launch).
  • Letting others (resellers) do the sales-heavy lifting instead of rushing to hire employees.
  • Knowing when to sell: when the fun of growth gave way to the grind of maintenance.

Lessons for Today’s SaaS Builders

Building a SaaS is rarely about the code or even the features—it’s about connecting with the people facing the problem and fixing it in a way that gets early adoption. Systems for feedback loops and growth can make a solo founder punch far beyond their headcount.

You don’t need huge funding or a big team to win in SaaS. But you must stay close to your customer and keep moving fast—even when the product (or your process) isn’t perfect yet.

The Takeaway

Mac’s journey is proof that failure isn’t final—if you’re willing to change your approach and build something real for real buyers. Start with their pain, build for demand, and don’t be afraid to let go when it’s time to move to your next adventure.

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Key Takeaways

  • 1Switching from hobby-based projects to solving actual business pains can make all the difference in SaaS success.
  • 2Rapid MVP development and direct feedback from potential customers accelerates product-market fit.
  • 3Leveraging resellers as sales channels enabled growth without building a traditional team.
  • 4Using your own product to generate leads and validate features is a viable and practical growth tactic.
  • 5When scaling becomes overwhelming, selling can be the right move to regain balance and pursue new ideas.
  • 6A strong network of early adopters and advocates can create fast organic growth and a successful exit.
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Key Facts

Time to $60,000 MRR
2.5 Years
Number of White-label Resellers
4
Countries Visited Post-Exit
15
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Founders Hut is a leading online platform dedicated to sharing thousands of in-depth business case studies from successful companies around the globe. Since its launch, Founders Hut has empowered entrepreneurs, marketers, and corporate innovators with actionable insights drawn from real-world successes and failures.

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