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David Abrams

๐Ÿ‘ค Speaker
144 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

And the other thing that I really did was try to figure out complementary softwares that I could add to our services.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

So that when people came on, we could add them into our softwares and or just start selling software to have a passive base income level that's coming in every month into Systemizely.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

So we're not worried about selling new packages every month because I'll tell you, it is a big pain in the ass.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

So inside of Systemizely, we have individual teams, so project managers, design developers.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

It's about eight people.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

Some of them are contractors.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

They're not all full-time.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

And I like it that way because I can kind of scale as needed with projects.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

And then in my other company, Demio, we have eight developers as well.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

Four of them are full-time, and then the other four are contractors.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

help me don't don't break out individual salaries but all together what is your total headcount costs per month on average yeah it's such a good question and it's something that you know as a business owner i try to keep literally my finger on like every month really understand it so that i know what to price and i think for professional services it's so important to know your pricing model so i try to keep costs around 40 percent of revenue so uh i give myself about a six

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

60% margin there for actual revenue into the company.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

And the reason that I have to do that and I always try to pad extra and I'll like charge more for services if I have to is because with professional services, you're always going to witness like time expenditures, like things, projects expanding larger than you want them to or unknown costs or problems here or there.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

You have to bring in a special consultant to figure out like one piece that's not going right.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

So give yourself that extra margin so you have...

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

have the markup ready for yourself.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

But yeah, I try to keep it around there.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

And that's why I like to have some contractors and some full-time because the full-time people, those are the integral people that need to be in every day helping on projects.

SaaS Interviews with CEOs, Startups, Founders
EP 105: He did $35k in October and is building to sell with David Abrams

And then the other people we pull in as we need them.