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Dave Lee

๐Ÿ‘ค Speaker
259 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

So we use them as a channel.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

bootstrapped a hundred percent, no debt, no financing.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

It was our own money.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

It was our consulting business.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

It was kind of, um, kind of fronting some of the money.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

Um, but we were super lean.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

I

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

He was looking for something else to do, and he started to work for us just part-time.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

No, it was a future bonus payout based on a future sale of the company.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

We have since changed that, and now he's a junior partner of the company because he's been with us for so long and has done so much.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

Total team size, eight.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

Yeah, we've got four kind of on the client love, onboarding, support side, tech support side.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

We've got three developers and one marketer.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

4.5%.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

4.6% per month.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

And that's monthly.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

Logo or revenue?

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

No, it was much higher.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

When we started out, we were like at 8, 9% and then spent a couple years really driving hard and it's bottomed out pretty well right around 4.5 to 4.9%.

SaaS Interviews with CEOs, Startups, Founders
1746 Infusionsoft Employee #8 Launches New Venture, Passes $175k in MRR, 2500 SMB Customers

pretty much regardless of what we do.