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Bob Gilbreath

๐Ÿ‘ค Speaker
145 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

So it's almost at this point, the bootstrapping is happening.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

And what we're looking for now is it's not companies that are just kind of focused on a SaaS model.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

And it's more of seeing the revenue model we have, repeat business, the margins, the profitability, you know, kind of the revenue rate we're getting at.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

So what do you mean the revenue rate you're getting at?

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

We're kind of over the $10 million a year rate right now.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

Yeah, so you think about exits.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

It's not a pure place to ask.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

At the same time, it's a great business.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

And as we look for partners, and if we did raise again, which we really don't have to,

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

it'd be somebody who's not just going over the same SAS playbook.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

Yeah, I think the conversations are, you know, first of all, you say agency, never say the word agency.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

Because it's not, I mean, again, having created and sold an agency myself before this business to WPP, I mean, it's just a different business model.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

So it's not either agency is charging by the hour.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

You have nothing differentiated.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

You have no technology.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

SAS is you're charging by the month, maybe yearly contract.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

It's software.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

Where we are is playing it somewhere in the middle and the story is it's frankly the best of both worlds.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

It's where we're getting repeat business and relationships and differentiation like software, but we're getting the media dollars and the margins of media.

SaaS Interviews with CEOs, Startups, Founders
874 How This $10m+ Agency Keeps 85%+ Gross Margins

And so, I mean, it's almost like we're more closer to