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Joe Koufman

๐Ÿ‘ค Speaker
160 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

They were going to offer me the exact same base salary plus commission.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

And so...

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

I was trying to understand what the downside was for that for me.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

And, um, you know, over time I was able to obviously do really well in sales and I guess not obviously, and really grow some business for the, we were working with very big software companies like Oracle and computer associates.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

And I was able to grow a lot of those accounts significantly.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

And, you know, by the time I left there, I was making,

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

Pretty good chunk.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

And I actually took a slight pay cut to go to work for an agency.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

Well, it's a pretty big chunk.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

So I think my last salary when I left there was 210 or something.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

2007.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

Got it.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

And then I went to making $100,000 base plus commission, but there was no commission when you start a new gig and you don't really know the agency space.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

And I was able to build that up, and I don't mind sharing.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

By the time I left, I was probably making close to $300,000.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

I was probably making $280,000 by the time I left.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

And what year was that?

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

Yeah.

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

2013 okay so you had i mean it's fair to say unless you have some really bad medical issues or you have 7 000 kids or something you're putting a lot of money away for and in savings yeah i mean certainly i put away as much as i could and when i started the you know agency sparks i knew that i wasn't going to make a lot of revenue for the first you know what was your one revenue

SaaS Interviews with CEOs, Startups, Founders
665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency

year one was 270 okay not not bad actually no and that was only 10 months so it started february so february december was 270 and then you know year two was 370 that was 2015 and yeah and then year three was 430 that's great um but i have big plans for 2017 what's your goal