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Chris Savage

๐Ÿ‘ค Speaker
809 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Um, and you know, usually when we're in our like fattest spending periods, the cost of acquiring a customer can get to a place of, you know, a few hundred bucks to like a thousand bucks.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Um, but a lot of the things that we do best are, are much more affordable than that or free or free.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Yeah, yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And I think it's, what I've noticed is actually that people get obsessed with this like year payback thing, because everyone says if you're not doing the year payback, that you're not investing enough in growth.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

But the problem is like, it's so easy to do dumb stuff or things that look like they're working that aren't actually.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And it's so, you know, you get on that rat race of trying to continue to fund that when we've found that sometimes just thinking the other direction of like, all right, we want a month payback

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

How do you, you have to just almost like open your brain to the things that are the 10X to the 20X returns when you start doing that.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And that's been more healthy for us from a creative perspective.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Yeah.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

I think it's, and it's, it's funny cause it's hard to do that sometimes.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Like it's so, it seems so simple and there's so much advice in the other direction, but I completely agree that actually saying like, okay, be scrappy as hell and then find something that scales in a completely different way than anybody else is thinking about it.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Cause no one else is being that scrappy.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And it's a hard thing to almost like help people unlearn.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

But as we've done it, it's always been by far, you know, gets us thinking about more creative solutions.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So we don't disclose our revenue, but what like you're giving me a range.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

We're more actually focused on profitability right now.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So we'd hit like a significant profitability goal.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Right now it's so we've been running this mode of like running cash flow break even as we've been scaling and now we've decided to run more profitably.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And so it's more like it's a simple would be a symbol right now of like how hard we're working to do that.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So, you know, I.