Cam Doody
speaker
366 appearances
2 recordings
1 series
first heard Dec 2015
last heard Sep 2016
Cam Doody’s voice in public audio — every appearance, attributed to the second.
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Appearances
So we founded the company, we raised our seed round in late 2012.
And so 2013 was our first year and we did
uh, about 400 K in sales the first year, which was 2013.
Uh, we, 2015 we did, uh, let's see, 14 would have been, um, 15.
We did, uh, six.
That's, well, that's gross revenue.
It's not, you know, unlike a lot of other businesses where our unit economics are extraordinary.
We have, you know, we have really healthy gross margins and they're getting better by the day, especially as we start launching our fleet of trucks, which is the next biggest strategic initiative for the company.
So, uh, we, when we sell multiple things with our bread and butter is, you know, this isn't Uber in that, uh, you know, we are coming into our customers house houses and,
and working for hours with them, you know, interacting with their families.
And so labor is our biggest form of income.
And then we offer protection plan, unlimited protection plan, and trucks also are another income stream for us.
But we have 65% gross margins on labor.
So our margins are between 60% and 70% of total order value.
Got it.
Uh, so yeah.
So our, our average full service move is currently right under 400 bucks.
Okay.
Which is, uh, you know, if you were to go to two minute truck or, or, you know, another local moving company out there for the jobs that we're doing, uh,
you know, we're making moving accessible for the smaller residences, right?
Showing 21–40 of 366 · page 2 of 19
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