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Ari Salafia

๐Ÿ‘ค Speaker
358 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So just kind of building the buzz and knowing that we were going to need others to kind of build the machine from a partner standpoint was really key for us, although we actually ended up having to completely scrap our first go-to-market strategy.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

I should go back to this though.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So one of the reasons why we had to shift our go-to-market strategy was basically you think of your account and think about all the things that they have to do for you every single year in your tax return.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

Our government tax credits, while extremely lucrative, that's just one line item.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So our business model was pretty challenging at the onset because

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

They were excited about what we had to offer and that they could now offer their clients.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So it wasn't so much that the technology wasn't working because we got there pretty quickly with the technology.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

But it was more so they had so many other priorities that would take precedent or take urgency with our clients.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So we couldn't get faster.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

And bootstrapping the business originally, I was like, if I'm going to wait around to sell our product for us, we're just not going to make it.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So that's why we had to make that shift to just going to the companies directly.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So one way to acquire customers on the fly and cheaply is through affiliate agreements and revenue share partnerships.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

This has been key to tax takers overall growth

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

plan.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

And by design, we've built out channel distribution programs and actually have not ever really done any paid programming.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So we don't do PPC, any paid SEO, SEM.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

These agreements have done wonders and have yield hundreds of thousands and now over a

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So this is something that will live on, I think, after the presentation and I can also send to you afterwards.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

But one thing that we were pretty steadfast on is, you know, if we're going to have folks that help us get to that next customer, we're going to pay them handsomely.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

We're not going to be cheap.