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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

I would say it's about, let's just say about 2.5%.

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

So those are the benchmark industry numbers.

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

We haven't gotten that sale yet.

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

So that's what we're aiming for right now.

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

Correct.

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

And in some cases, I mean, these referral agencies, there are some big players in the space.

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

I know Warburg Pincus invested equity or majority stake in a company called A Place for Mom.

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

They're kind of the big gorillas in the room, but they take, you know, anywhere from like they can take 120 to 150 percent.

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

And sometimes they might even take part of the second month's rent.

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

Correct.

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

So for this one, this business is mostly paid advertising for single grain.

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

The agency right now, it's heavily focused on SEO.

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

But having said that, we are going to have a big focus on content and paid content distribution in the future.

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

But our main thing right now is we want to focus on getting one channel right.

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

I think a lot of businesses tend to forget that, hey, you have something that works right here.

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

Why don't you, you know, 10 exit or 100 exit before trying to do all this other stuff?

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

Yeah.

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

So right now it's the big one that's working for us is phone calls.

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

What do you mean?

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

And that's phone calls inside of Google AdWords.