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Eric Boggs

๐Ÿ‘ค Speaker
195 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

And I mean, that's that is precisely what we've done.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

And that has been precisely the plan for us from the very beginning.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

I just don't know that I fully understood like the weird things that you have to do.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

One is being we had a customer like a financial services software company was paying us three grand a month.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

Yeah, that's pretty good services customer for us.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

And to convert them to SaaS, they're going to now pay us a thousand dollars a month.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

And so now we have a two thousand dollar cash gap, but we have a thousand dollar recurring revenue software customer.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

And the cash flow management side of me is freaking out.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

But the long term thinking SaaS CEO compounding customer base side of me is really pumped up because that a thousand dollars in recurring SaaS revenue is actually a lot more valuable than the three thousand dollars.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

In services revenue.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

And so we're doing this really weird thing where we're we're cannibalizing ourself a little bit.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

Exactly.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

And so there's a short term weird thing we have to do where we celebrate when customers pay us less.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

But in reality, we're making the business a lot healthier and sort of executing on the longer term vision of the company.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

Yeah, precisely.

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

And it's actually a...

SaaS Interviews with CEOs, Startups, Founders
EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs

we've learned it's an advantage in the sales process where, you know, we'll have a couple of conversations percolating now where, you know, this idea of sales prospecting is new to them.