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James Marks

๐Ÿ‘ค Speaker
134 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

We've got about 157 customers.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

So there's a pretty big range and how much they've got on storage with us.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

As far as what we charge our customers?

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

No, our P&L is basically the staff and the labor and the rent we pay on warehouses.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

So our warehouses are fairly recognizable.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

They're not robots running everywhere.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

So we've built it.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

We're totally bootstrapped.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

So it's mostly consumer components.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

And then our focus has been on our app that runs our whole network.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

We've got three warehouses on it now.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

And it's just about getting those processes and systems in place so that you can bring somebody, give them 15 minutes of training and they're shipping orders correctly into the spec.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

And so our warehouses look, you know, they're organized and they're clean, but they're not, we haven't put that kind of hardware engineering in yet.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

Um, you know, we were cashflow positive before right now we've just gone to cashflow negative.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

So we just joined 500 startups and we're beginning a process of, you know, higher, higher burn.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

Um, yeah, we, we were, we were profitable before, but we've just, just stopped that.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

It is.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

It is.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

I mean, the only thing that keeps me feeling safe is that I can put the brakes on whenever I want and say, OK, we grew this far and now we go profitable again.

SaaS Interviews with CEOs, Startups, Founders
How To Build an 8 Figure Business Fast with James Marks of WhipLash

I feel like I used to read articles and people talk about that.