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Cody Barbo

๐Ÿ‘ค Speaker
245 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

Uh, we have at least a dollar.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

I'd have to run the exact number.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

I mean, it's North, it's between comfortably sharing North of 5,000 and it just depends which product here they chose.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

If it came through a channel partnership or it came direct.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

It's a hybrid.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

We have an upfront fee that we charge for our three products.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

And then there's an ongoing annual subscription because estate planning is a lifetime of updates.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

It's not, you set it up once you're done with it.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

You have kids, you buy a home, you build your wealth, you have an inheritance, you have liquidity.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

We want to encourage people and use technology to update their estate plans throughout their lifetime.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

So that's where the subscription comes in.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

I would say that the misconception of estate planning is that people assume that it's for the wealthy.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

In fact, the most important reasons to set up an estate plan is if you own property, you have assets worth protecting, or if you're a parent.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

You can appoint guardians for your children.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

You can protect your home and your assets with a trust, avoiding probate court, which can cost a lot of time and money and emotional toll, especially if you've lost a family member.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

So really, it's built for the everyday family in this country.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

Yeah, so majority, about 70% of our members are going to fall within the kind of 25 to 50 range and have minor children.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

It doesn't discount the fact that 30% of our members are 55 plus, but our core focus is really people that are starting families, buying their home, building their wealth and going on this journey.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

Yeah, 40% of boomers have no form of estate plan, which is honestly a crisis.

SaaS Interviews with CEOs, Startups, Founders
Trust and Will Company Passes 5k Customers, $1m in ARR Digital Way to Do Estate Planning

You think of people our age that are now entering the kind of caregiver role, taking care of our aging parents or grandparents, and it's incredibly important to have these documents set up.

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