This is a case study of Bank Statement Converter, a very simple product that converts Bank Statement PDFs into CSV. The hypothesis of this video is that the best startups are the ones you never hear about, and that building a boring product is more sustainable than following conventional advice. I personally believe that Bank Statement Converter is an excellent example of what to do when creating a product.
References
Bank Statement Converter: https://bankstatementconverter.com
Angus Cheng’s Book: https://bankstatementconverter.com/book/
Timestamps
0:00 – The Perfect Startup
1:15 – Origin Story
4:15 – Outsourcing
5:38 – Validation
7:00 – Tech Stack
7:53 – Development Process
9:36 – Scaling
12:05 – Customer Success
15:55 – Markettng
16:44 – Final Thoughts








What piece of software should I study next?
damn i always knew i needed to build a b2b saas website., this is my big break!!!
What is boring to some is fascinating for others. What a great, in-depth video! Such a valuable resource. Thank you for making this.
This is one of the best videos on entrepreneurship i have watched. Kudos, you have earned a sub and like
Perfect channel combining my knowledge in computer science with my ambition in business. You earned a sub💪
My wife has been asking me to make this tool for months. Thank you Angus, you've gained another customer!
How did angus know that 50% of people were signing up with email and 90% of users did google sign up? Is there a software for that?
But my bank offers to download statements in csv format
guys, this is the future of advertising, making your whole video of the ad
This has been exactly my experience as a founder too, I’m trying my hardest to avoid investors and just make products! Now I need to learn how to document the process too