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James Kennedy

๐Ÿ‘ค Speaker
189 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

So, and that's been a very powerful way for us to kind of step change the size of deals we get into.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

So, you know, we deal with some, you know, we deal with, you know, it might be a customer who's selling maybe, you know, it might be a large Microsoft reseller that might be selling SAP Business One.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

There might be some of these other products and we fit in quite nicely with that.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

And it helps us to sort of get into customers we could never get into ourselves.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

Sure, sure.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

But I'm at peace with that because that's part of my model, right?

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

30% is the cost of acquiring a customer, and I'm happy with that.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

And if I can keep on acquiring customers at that rate, that's fine.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

I have no problem.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

I know marketers and salespeople need to get paid, and so do I. And there's a lot of work in there, right?

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

Getting the customer.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

Well, that was true for traditional products, but not for SaaS, because all of the value in SaaS is in the upsell and the cross-sell.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

So you've got to maintain that customer over time.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

You've got to make sure that they're looked after, and that's what partners really do.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

Well, because like it's typically you go in as a consultant, right?

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

You don't go in there to hawk some software.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

You go in there to solve the procurement piece of challenges that are going on.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

Or maybe there's an issue with fraud or people go in with a sort of a business consultancy attitude.

SaaS Interviews with CEOs, Startups, Founders
1200 How He Got First 250 Customers, $65k in MRR from South Africa HQ

We're over 20 people.