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Chris Vetter

๐Ÿ‘ค Speaker
187 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

And then looking inside, where are the people located right now that have this knowledge?

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

Or how can I train them?

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

How can I teach them?

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

And where can I find them if I don't have them on board?

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

Understood.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

And what's a company going to pay one average per month to use this technology?

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

It really depends because we don't have one SaaS product, but we have two of them.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

And we also have a kind of different revenue model where they get access to our data platform.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

So we usually talk about yearly revenues rather than monthly revenues, and it would be between, well, $20,000 to $200,000 per company on average.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

Actually more, but just like 90%.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

No, unfortunately, no, it's 300,000 euros.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

Exactly.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

And we call it knowing the future, which is the data platform where we bring in our external insights.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

planning the future where it's about combining that external data with the strategic workforce plan and then building the future where it's about making sure the employees they have are equipped with the right skills, knowing, planning, building.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

Now, when did you launch this company?

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

Sorry again?

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

When did you launch?

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

2014 was the founding date.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

It was me and my co-founder, Florian, bootstrapped up until today.

SaaS Interviews with CEOs, Startups, Founders
HRForecast Bootstrapped to $3m, Signed $300k Deal, How They Handle Profits

But the initial idea already started in 2010, when we were just finished with university, coming from Siemens, which is the largest German corporate, coming from the finance and controlling departments.