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Eric Siu

๐Ÿ‘ค Speaker
138 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

So thanks for digging into that, first of all.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

Now, I sat down with the original founder.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

I said, hey, you know, he's like, you know, hey, why don't we do this?

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

You know, you and me, 50-50, let's go.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

And I said, hey, honestly, you know, I have to take control of the company.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

And, you know, I think I need to own the whole thing.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

And then from that point on, you know, he decided, OK, you know, then.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

That's what it is going to be.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

Let's see.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

That was paid over a period of, I want to say nine months.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

Okay, so good question.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

We are actually around 60, around 65 ish MRR, but the referral side is what's growing right now.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

So, you know, I've decided, you know, I'm actually doing another startup right now with a friend that took a company public.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

And I can talk about that in a little bit if you want.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

But, you know, if I'm going to focus on that, I need to take something, you know, we're still getting all these leads coming in.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

I want to be able to still collect revenues on that.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

So, you know, all these leads are coming in through SEO.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

You know, we were getting a lot of leads per month.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

I'm referring them out to other agencies for stuff that we no longer fulfill, such as search engine optimization.

SaaS Interviews with CEOs, Startups, Founders
How To Acquire $1m+ Company For $2 Dollars with Eric Siu CEO of Single Grain

And what do you get paid per referral?