After developing hundreds of apps and striking gold in app development, Australia’s youngest millionaires Alan Gokoglu and Fotios Tsiouklas have made the move to SaaS. They have so far launched 8 new SaaS products under their umbrella company the AF Group. The SaaS market is a booming sector in the tech niche. This segment is forecasted to reach $266.4 billion by 2020 as a growing number of enterprises are utilizing SaaS and abandoning the purchasing of software. This move is largely due to the numerous benefits that enterprises leverage from SaaS.
Alan and Fotios have entered the SaaS niche with massive success. In 2020 they were valued at $5m with the help of all of their businesses. One of their SaaS products, InstaBoom.io helps clients grow their Instagram by identifying trending weekly hashtags.
History of Success
Alan and Fotios have been in business since they were in school. They were self-made millionaires by 17 years old and have gained worldwide popularity as they have been featured in SBS, News.com.au, Daily Mail, Herald Sun, Forbes, and Entrepreneur. Thousands of kids know them as the Founders of learning and gaming apps such as Metropolis, General Games, and Tiny Town. Young adults know them for their nightclubs that include UNI BASH (Melbourne’s Biggest University Party), Mango Friday’s, Club Sacred, and Levels Melbourne.
Alan and Fotios started out in the area of app development. They worked together with their business partner Kuei Kuei to launch a gaming app known as Clout The Game in 2018. They also partnered with celebrities such as XXXTENTACION, Supreme Patty, and YBN Nahmir for the game. The game was a massive success as it outdid Snapchat and Instagram on the app store when it was released. In 48 hours, Clout had received 250,000 downloads. Clout The Game was such a success that it currently has a cult following and developed into a franchise with Clout Tv and Clout records.
One of their core businesses is Kickspan digital. This digital agency is the fastest growing marketing agency in Australia. In under 24 months, the agency had reached 12,000 clients. They also own the very well known business Apps4Brands. With their history of success, they knew they wanted to dip their toes into the SaaS niche and they had a very thorough plan on how to disrupt the niche.
Investing In SaaS
For Alan and Fotios, investing in SaaS became the next big thing after app development and digital marketing. The two compare app development to a hit song, in that what is catchy today becomes outdated tomorrow. Their 8 SaaS products have helped almost 20,000 clients build and scale their brands. Their SaaS products include the world’s very first TikTok growth service and a SaaS product designed around Andrew Hristo’s personal brand that will teach people about fitness and e-commerce. Fotios and Alan have a similar concept with Andrew Koulloupas, Steve Malkoun, and other high profile individuals.
They note that SaaS was an affordable investment since the business is entirely automated. Moreover, their marketing experience made it easy for them to transform their SaaS enterprises into profitable niches. With low marketing and startup costs, their ROI from the SaaS businesses are through the roof.
Fotios and Alan’s company the AF Group reinvests into building and acquiring businesses such as their 8 SaaS businesses and their latest startup Simplify Press which will help people get their voices heard throughout the world. They managed to successfully disrupt the SaaS niche while helping thousands of people grow their brands and generate more income. Fotios and Alan don’t just create businesses geared towards making money, they actually solve problems and put out solutions to help people thrive. With such an extensive portfolio it’s no wonder why Alan and Fotios have time to enjoy the weekends at their nightclubs.