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

Brad Miller

๐Ÿ‘ค Speaker
125 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

And so the business went from 5 million, losing a million to 7 million, making a million because the extra $2 million of immediate revenue was pure profit.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

And then we just built, we just kept going from there.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

That was 2010.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

Well, we bought a few businesses along the way.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

We were leveraging profits both to pay dividends as well as to use EBITDA for bank debt purposes to acquire a few companies.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

We were both in the consumer business and the B2B business.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

We bought a consumer business and a B2B business.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

Each for one for three million, one for three and a half million.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

Anyway, the business grew from seven million, I guess, five to seven.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

And then and then and then to 20 last year, we did 20 million making six.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

And so that was big.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

It was a big year.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

There was a lot of growth in our B2B business due to the COVID effect.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

We focus on providing employers with PC activity, monitoring activity of their employees.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

So what time do they log in?

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

What are they doing when they log in?

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

How do I get comfortable that all the things that I used to see with my eyes when people came to the office and I no longer see, how do I recreate that line of sight information I used to have?

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

And so we had a, you know, the B2B business had a very big year last year.

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

And so it was a good time to sell and

SaaS Interviews with CEOs, Startups, Founders
The Capital Efficient Founder: $2m in, $12m dividends out, Just Exited

So we did.