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Colin Earle

πŸ‘€ Speaker
323 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Because if we were to spend significantly more, we wouldn't be able to meet demand.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

We wouldn't be able to buy the implementation services to make those customers live and happy.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Well, actually, we've accumulated several million dollars in cash.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

So, no, we would be good on that front.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Well, there's a wide range.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

I mean, as I say, we have customers whose deal value ranges between $20,000 and $1.8 million.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

That's one-year contract plus the initial implementation.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

So the lifetime value is typically in the order of half a million to a million dollars.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Well, bear in mind, it's not the first couple of years.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Lifetime value for us is typically in excess of 10 years.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

No, but it was a one-man shop at that point and it wasn't much.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

I don't and I'm going to have to cut you off on that because I simply don't have those numbers.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

But what I could do is I could – if you look at our revenue over the past seven years –

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

shown a really startling rise.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

We've been increasing revenue at 30% to 40% per year for the past seven years.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

So if you were to take a seven-digit number, excuse me, an eight-digit number in the range of 10 to 50 million and backtrack from there, given 30% to 40% per year,

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

you'd be more or less where we were seven years ago.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

We have some deals in hand, which if

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

If we're successful in landing them, taking them through to completion, we'll represent in excess of $50 million in revenue.