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Karsten Rendemann

๐Ÿ‘ค Speaker
152 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

Yes.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

And at that time it was consultancy and very far from the business model that we have today.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

So we've pivoted a few times.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

But the sales reps today still have one of their KPIs is at least two new clients a week, like I did.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

In terms of ARR, each new client is on average for us as a company, 1,000 USD.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

Per year or per month?

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

That is per year.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

But the ones that we actually talk to and the sales reps handle is three to five times that on average.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

Then we have a number that pays less and they are purely self-service via platform.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

That is annual.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

Our clients usually pay per year.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

So some of them will pay $10,000 or $20,000 a year.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

Each sales rep has to hit 15,000 USD per month.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

We have a system for that.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

And each sales rep should generate turnover at least two and a half times their salary.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

Totally.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

We are 27.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

And we have about half.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

Oh, sorry.

SaaS Interviews with CEOs, Startups, Founders
CookieInformation Hits $2m Bootstrapped For Easy GDPR Copmliance

One third is sales.