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Bridget Harris

๐Ÿ‘ค Speaker
435 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

It's been really exciting to share all of this with all of you.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

I really look forward to answering any more questions, going to the brain dates, listening to all of your stories and learning from all of you as well.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

But my real question to you is what business are you in?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

This is the P&L from that moment when we made profit.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

And basically the year before, we were not in business.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

we made a ยฃ28,000 ยฃ621 loss and as I was saying to Rory this morning at that point you shouldn't really be worried about that you should be worried about cash in your bank that's why people like Nathan and FounderPath exist is keep your cash flow going because as the expression goes cash is king but ultimately after a while you need to work out whether you are actually in business and that's what we've been here ever since and we have a fantastic business and lots to look forward to but at the end of the day it is about making money.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

So in the last 20 minutes, I have talked through my profit stack, how to build a profit mentality into how you design and sell your products, not just about product vision and yoga.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

It is actually about making money.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

What metrics will help inform you with that hiring?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

As I said, most of those benchmarks are publicly available.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

You can look for yourself how much or how well you guys are doing.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

Talk to anybody they like about the impacts of the open salary structure inside You Can Book Me.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

I'm a massive fan of it and we just wouldn't go back now.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

and our profit share matrix, and how we pay out every quarter.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

Thank you very much.

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