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

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

So he just never comes to the office.

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

So he's distributed, even though he lives, you know, driving distance away.

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, so that's a hard question, right?

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

Because we don't know yet.

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 are budgeting a 12-month LTV, which is not that great in the grand scheme of things.

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 looked at some data from HubSpot and their LTV is three, four, five years, depending on, you know, that it's sort of increased over time.

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 even if we can just get a 12 month LTV, the SaaS business is going to be very, very healthy.

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 my sort of my thinking around this kind of stuff is budget a 12 month LTV and then surprise yourself with an 18 month, you know, 24 month LTV.

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, 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 our customer acquisition cost is pretty low.

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

What is that?

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

Like 2K.

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

Okay.

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

It's all inbound, primarily inbound and referral.

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 oddly enough, as a company that enables other companies to build pipeline with outbound sales, we have really sucked at outbound sales.

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

It's, you know, the cobbler's children, no shoes, whatever that saying is, but that is 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

One.

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 and a half.

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, we have four in our customer success team, one in operations, and the rest are all software engineers.

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

Oh, well, that's basically just, you know, that's, uh, yeah.