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Dimitri Goikman

๐Ÿ‘ค Speaker
194 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Not everybody pays $3,000, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

And some of our customers are actually, we move them to the SaaS model, but we still charge them old-style maintenance, which actually comes out to less.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

We never drop a customer.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Average pure SaaS customer is paying about that.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Okay.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Legacy customers are typically paying less, but they've been with us for many years, so

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Some cost is very profitable for us.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Okay.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

So, yeah, we're upwards of $2 million to $3 million now, you know, somewhere.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Yeah, well, about $200,000 a month right now.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

It was larger.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

I would say that probably 30, 40% of our revenue was in these implementations and services.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Now, given an opportunity, I would drive it to zero.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

It's never going to go to zero, but it's maybe 10, 15% now.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

I think probably 85% of our revenue is recurring services, recurring billing.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

80, 85 now, you know, I'd have to look it up.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

I haven't looked it up.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

No, that's everything.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Right.