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Keegan Peterson

๐Ÿ‘ค Speaker
117 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

We charge per employee.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

That's on our platform.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

Exactly.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

So we're servicing thousands of employees right now.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

Yeah, yeah.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

We're servicing thousands of employees in the industry.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

We're in 17 states today.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

What would blow your mind is that there's 44 legal states that have some form of cannabis in them today.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

29 of them have medical and recreational.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

So this is a lot bigger than most people think.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

We don't have a lot of competition.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

There's some local payroll companies that try to bring on some clients and it doesn't last too long.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

And then you have your big ADPs and paychecks who bring on clients because their sales reps sell a deal, but the company doesn't know about it and they end up dropping them.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

So we've had pretty low churn.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

I think we've lost-

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

like two customers in two years.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

Yeah.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

And it's, um, and it was due to the fact that they no longer needed a service anymore.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

They're no longer in business.

SaaS Interviews with CEOs, Startups, Founders
735: Sell Cannabis? He's Raised $3m To Be Your Payroll Management System

So, um, we've, we've done fairly well with churn and I hope we can keep it there, uh, moving forward.