From Classroom to $25M Software Agency


From Classroom to $25M Software Agency

Matt Gira

August 19th, 2025


One of the most strategic founders I’ve ever met almost flew under my radar.

I always thought Atomic Object was a solid software agency and Carl Erickson a kind leader. But when I worked closely with him in 2019, I realized just how sharp and intentional he really is about building both a company and a culture.

Atomic turned out to be far more impressive than I ever imagined. Not just in the work they do, but in how they’ve sustained it for decades.

Excited to share their story and the lessons every founder can take from it.

Here's this week's deep dive:

Most professors stick to the safety of tenure. They enjoy the predictable schedule, the job security, and the comfort of academic life.

Carl Erickson was different.

After 10 years as a tenured faculty member at Grand Valley State University, Carl made a decision that seemed crazy to most academics: he left his secure teaching position to join a startup. When that startup failed just months later, instead of returning to academia, Carl decided to start his own software development agency from scratch.

Today, that decision has led to Atomic Object earning over $25 million in annual revenue as a bootstrapped software development agency. Yes, you read that right. There is no decimal there. I'll spell it out to make sure you saw it: twenty-five million dollars as a bootstrapped software agency.

In this deep dive, I cover why Carl left his tenured position, how he built Atomic Object, their unique multi-city culture strategy, and the growth strategies that took them from $0 to $250k.


Kit

Affiliate

This email/section contains affiliate links. I earn a commission if you make a purchase at no extra cost.

One of my favorite tools is the email newsletter platform Kit.

Kit isn't just awesome for building an audience or keeping in touch with potential customers. Their team is one of my favorites out there - great mission and fully bootstrapped to over $40 million in annual revenue! Looking to build any kind of email list? You can use Kit for free up to 10,000 subscribers.


Recommendations

The AI bubble is so big it's propping up the US economy (for now)

This was a fascinating article to see the potential economic reasoning between AI and tariffs and how they're playing off each other in the economy. I'm not an economist by any means. AI does feel slightly overdone by many though.

Throne of Glass

I'm a big advocate that founders need hobbies and need to read things outside of their element. For me, one of those readings has been the Throne of Glass series. I will admit - the first book was a little slow. I couldn't put down the second book though. I'm only on book three, so no spoilers!

Matt Gira

Connect with me on LinkedIn!

113 Cherry St #92768, Seattle, WA 98104-2205
Unsubscribe

The Quarter

How bootstrapped businsses go from $0 to $250k in annual revenue.

Read more from The Quarter
YouTube thumbnail featuring Jessica Lackey smiling in a black leather jacket on the right side, with a white text bubble on the left displaying her profile photo, verified name, and the quote "I ignored McKinsey & Nike" against a green background with com

She ditched her elite networks to build a $250k biz Matt Gira October 16th, 2025 It's all becoming a little more real this week. I'll be back in Michigan later next week! Hopefully I'll see more of you in person soon! Let me know if you want to meet up for coffee. In the meantime, excited to share this deep dive on Jessica Lackey's business, Deeper Foundations. She's built a really cool operations strategy business that was built in such an intentional way. A lot of great planning in this...

Thumbnail showing Alex Hollis, founder of NurseHub, sitting in a modern classroom or meeting room setting. He's wearing a black NurseHub t-shirt and smiling at the camera. A white speech bubble contains his profile photo and the quote 'You should grow slo

One bootstrapped business is solving the nursing crisis Matt Gira September 30th, 2025 I want to get a better sense of where you are in your journey. Where are you right now in building your business? Where are you right now in your journey? Still at the idea stage $0k–$25k annual revenue $25k–$100k annual revenue $100k–$250k annual revenue $250k+ annual revenue Here's a lie that won't die: bootstrapping means staying small and you can't build anything meaningful without investors. NurseHub,...

Two people sitting at a white table during a podcast recording in a brick-walled studio. On the left, a woman in a light blue cardigan holds a green water bottle, and on the right, a man in a green sweatshirt gestures while speaking. Professional micropho

How a $5,000 Lean Startup Experiment Became Michigan’s Innovation Hub Matt Gira September 16th, 2025 This deep dive is one of the most unique ones I'll ever draft. That's because I'm announcing that I'm joining this business... But this isn't me stepping back from The Quarter. If anything, it's going to make The Quarter better. I'll be meeting more founders who've bootstrapped from $0 to $250k in annual revenue, and I think there are going to be great opportunities to do things in real life...