Matt Spiegel is a licensed lawyer and serial entrepreneur. His first tech startup was called MyCase, a SaaS product that, âkeeps all of your important case details â documents, contacts, calendars, emails, tasks, invoices â in a single, organized location.â
The transition from criminal defense law to SaaS started as a âscratch your own itchâ kind of thing. A typical day for Matt meant receiving dozens of calls, texts, and emails every day from nervous clients wanting updates and resolution â often while he was in court. This inspired an initial personal build that transformed into a full-fledged legal practice management platform.
Mattâs first SaaS success led to more and after some experimentation in B2C, he decided to start another B2B legal tech company, Lawmatics. In this episode of SaaS Open Mic, Matt shares his learnings and approach to building businesses.
Can thinking about your exit strategy narrow or diminish your exit strategy? Or at the very least your focus? Matt thinks so:
âBuild your business as if youâre going to build this massive business thatâs going to buy other businesses one day. Some entrepreneurs build a company to sell it quickly, but I feel like you donât build a great company, necessarily, by doing that. You might cut corners if you are building to sell in a couple of yearsâ Matt Spiegel, Lawmatics
đ§ In the episode
Head over to your favorite podcast platform or listen below to hear more on these topics:
- From criminal defense law to SaaS: how and why Matt started his first legal tech startup
- Getting out of your comfort zone to try something new and ultimately, coming back to what you love
- Weighing the options of taking a break from entrepreneurship vs. the decision to âjust keep firingâ
- Reactive vs. proactive startup ideas
- What strategies can be used to tackle different market segments
- Understanding how customers spend and how to marry that with your product strategy
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