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Craig Klein

๐Ÿ‘ค Speaker
154 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

Okay.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

And so now when we're competing, people are comparing our prices.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

They're really comparing us with the cost of the CRM and marketing automation or email marketing.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

Right.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

We're, we're not in the business of trying to take over the world.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

We're in the business of keeping our customers for a long time.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

That's how we make our money.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

You know, I've never figured out how you guys calculate churn.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

But what I can tell you... Come on, Craig.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

I mean, I don't understand the math.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

But what I can tell you is the average customer lifetime in the CRM business is about 28 months, believe it or not.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

So people sign up to Salesforce or HubSpot or whatever.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

And two years later, they're looking for a replacement, which...

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

What's yours?

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

I don't wish that on anybody.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

Okay.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

Then that's, that sounds about right.

SaaS Interviews with CEOs, Startups, Founders
1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR

Cause we, that's about right.