Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Amkaram Chandani

๐Ÿ‘ค Speaker
165 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

It's always a lot of overheads running a trucking company, you know,

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

all drivers, insurances, accidents, and stuff like that.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

But this solution, because I saw that people liked it.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So I'll tell you one thing.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

When I did my first audit with FMCSA, and the auditor came, and he liked my solution so much, he said, I wish everybody had this.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

And that's when I started thinking I should build it.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So we have multiple products.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

We have subscription also to our platform, but then we also have annual recurring products.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

Then we have one time also, like you can do in-app purchases.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

About 300.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

That's the recurring monthly, right?

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

But they pay by the driver.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So we have 1,400.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So 1,483, that's what you would do.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

Yeah, it's based on the driver, so number of drivers.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So every driver, there's a recurring fee on the platform.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

Interesting.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

So average sales to customer today is about $500K to $600K.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

And out of which 300 is recurring, which will go towards a recurring, and the rest is one time.

SaaS Interviews with CEOs, Startups, Founders
Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

That's awesome.