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Josh Malang

๐Ÿ‘ค Speaker
192 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

And then we also do a rev share with them on any additional upsell and cross-sell.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

So we've got recurring revenue in that space.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

We also have tied in a, we found that a lot of these individuals are really solopreneurs.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

They work out of their house.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

They don't have any infrastructure or staff.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

And that's why the service play is in there.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

But also none of them really have any branding.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

And so we built out this kind of brand in a box thing where we charge people to really create a brand, create kind of a one page website, help them with some point of sale materials and things like that to educate their clients on.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

And then one of the other things we've done that kind of spawned from that is also really kind of an SEO play.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

I partnered with a firm out of Utah.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

a lift local that, uh, that does a really good job of this, helping these solopreneurs really create, uh, incoming traffic in their local markets and establish themselves in terms of their, uh, their prominence and relevance on like the Google, Google map searches and things like that.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

Um, last month, we actually just, we signed on our first, uh, channel partner last month.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

Um, so, so we actually generate about, about 120,000 revenue in our first month with the channel partner.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

No.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

So the channel partner is relevant because for about nine months, we're really marketing out of our database, selling this technology, kind of talking to people about a new CRM that might be a value for them.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

Then we added on the service model, kind of the same story.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

I found that

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

If we could engage with a channel partner, somebody who was a wholesaler that had a lot of these people as downline downstream entities that had these agencies and producers sort of in their hierarchy, if you will, we built out a rev share with them so that we could do a co-branded marketing campaign to them

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

to their downline because their downline really needs a lot of these structures, product services, that kind of thing.

SaaS Interviews with CEOs, Startups, Founders
He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

So once we started doing that, we got access to our first one that had 15,000 downline producers.