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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 we started doing webinars every couple of weeks and generating a ton of traffic.

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

So we put 120,000 worth of revenue on the books just in the first month of doing that.

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

So we're super excited.

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

Yeah, it's really because of that.

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

So prior to that, we had about five grand a month in recurring revenue from about 50 customers that we had on the tech platform over the last several months.

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

We kind of add one at a time.

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

And then we also did the same thing on the service side.

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

So we brought on about a half a dozen service customers.

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

We're managing about 15,000 clients.

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

But then we opened up this kind of the floodgate, if you will, and made a ton of new revenue.

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

So we'll carve off about 30% of that.

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

No one has.

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

So a lot of these issues, these wholesale firms really have a...

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

a different perspective because I was a producer guy, an agency builder guy.

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

And so I'm effectively one of the customers that they have, those 15,000 customers.

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

And so they're really good at the relationships with the companies that we do business with, the insurance carriers and things like that.

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

But they don't really dig in and get into the retail side in terms of really client facing and that sort of thing.

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

So they're just missing some things that really have kind of always hindered them from really being that complete resource for the producers and agencies they've got.

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

Now, really between the vision that people have for their individual businesses, having this great wholesaling relationship they have, and plugging us in, we've really got this three-legged stool situation where we provide a lot of the missing things that these wholesale firms really have never had.

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

It really is.