Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Dan McGraw

๐Ÿ‘ค Speaker
149 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

I would say my co-founder and I are both focused, of course, on this as a part-time investment.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

And then of course, like the company kind of runs itself.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

And that's the reason why we're making this new hire.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

So before effective October 7th.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

Yeah, great question.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

So we're probably investing around $9,000 a month.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

Our current MRR is $3,400.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

I would say so.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

And that's dragged down dramatically because of those $7 a month users, which we, of course, are trying to do everything in our power to get away from.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

And then our initial funding, of course, was

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

fueled by FN Amazing and as well as my co-founder's company, Marketlytics.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

However, that being said, we also did an app sumo, say three months after we kind of, or six months after we kind of launched, one that helped drive a lot of our customer feedback.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

And then as well as give us like, I think we made about 45 grand off that deal.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

I have no idea.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

We actually decided that we don't want to pay attention to those users.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

Unfortunately, we felt that that was the wrong product market fit.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

They weren't the right type of users.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

So we kind of don't really pay attention to what's going on with those users.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

For sure.

SaaS Interviews with CEOs, Startups, Founders
Utm.io Hits 100 Customers, $75k Invested From Agency Biz, Now SaaS Focus

And you're way better at math off the cuff than I am.