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Brian Clayton

๐Ÿ‘ค Speaker
171 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

And we take anywhere from 5% to 20% of the transaction, depending on how much volume the vendor's doing to the platform.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

No, there's benchmarks.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

So if they're doing a lot of volume through the platform that goes down and if they just are just getting started on the platform, only do one or two yards a week, it's higher.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

And so we started off with just a flat take rate of 8%.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

And as time went on,

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

we noticed a weird phenomenon of what they call a graduation rate, a graduation issue where vendors will grow with the platform and they're doing $300,000, $400,000 a year on the platform.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

And they say, well, now I want my own system.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

So I don't want GreenPow anymore.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

And so we've had to negotiate with that and deal with that by lowering the take rate where it just becomes a no-brainer.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

It's like, well, by the time I buy all of these systems and I pay somebody to run them, I might as well just pay GreenPow.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

Around 35,000.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

Depending on the time of year that goes up and goes down, November is on the latter part of the season.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

We are a seasonal business.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

But around 35,000 contractors using the platform at least once a month to mow one yard a month.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

Now we have thousands of contractors using it full time.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

This is the only system of record they have.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

This is how they get customers.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

This is how they organize them, how they manage all of their billing and routes and all of that.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

That's really what we're going for.

SaaS Interviews with CEOs, Startups, Founders
How to build a $4.5m revenue company with 0 Full Time Employees

We want to be the operating system for guys and gals that make their living in this business.