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Ben Lowley

๐Ÿ‘ค Speaker
236 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

We're coming up on our sixth anniversary.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

So, you know, this, this is a technical regulation.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

There's a lot of nuances.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

Uh, there's a lot of different needs.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

So this is a big part of our story is that, uh, we pivoted, um,

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

In 2016, we realized that our initial approach to servicing the needs of bridging kind of the gap between nonprofits and banks, our initial approach was not going to be scalable.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

It was too high touch.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

We were having too much consultation.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

So you were like an agency basically, but before that.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

Exactly, exactly.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

And then you shut the agency off and now you're full SaaS.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

That's right.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

Full SaaS, much more data driven and it's scalable.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

And we finally have found the right fit for banks.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

We have three full-time employees and one part-time and one contractor.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

That's great.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

And is everyone based in Louisville or spread out?

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

Everyone's based right here in Louisville.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

We are bringing on an account executive to help with sales and help us really scale up throughout the nation in January.

SaaS Interviews with CEOs, Startups, Founders
1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

Is it too early to talk about things like churn, CAC, and LTV?