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Kyle Lovett

๐Ÿ‘ค Speaker
141 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

I mean, it's pretty good considering the size of our company.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

Yeah, so right now we're averaging about 50 bucks a month to acquire a customer.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

So super cheap.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

A lot of our customers are referrals.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

Really less than two grand.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

We've already started to demonstrate that over the last 30 days.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

We've, we've about tripled, we've about tripled that ad spend in the last 30 days and we're seeing lift from that for sure.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

So we know we're going to have to spend more.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

We think if we can, we can average around 300 bucks to acquire a customer that's super sustainable for us.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

don't sit on the cap table we're actually free and clear of that deal um and so we're we we do have some angels and family and friends that have invested in the business that we've given you know that are that are on the cap table but how much do you still own pretty small percentages how much do you still own uh nate and i own a vast majority of the company still so um you know we've had

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

We've had one family and friends round, and then we had a customer hub race round to buy the business back.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

And together, we still own about 70% of the company.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

Right now it's Outwitting the Devil.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

I'm a big Napoleon Hill fan.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

I just recently read that one.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

Outwitting the Devil.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

It's a leadership principles book, basically.

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

Number two, is there a CEO or founder you're following or studying?

SaaS Interviews with CEOs, Startups, Founders
Keap Acquired CustomerHub For $1-2m in 2011, Founders Bought Back in 2018, Now $500k in ARR

I mean, I'm a big Elon Musk fan just because I think he does cool stuff and I like his sort of brashness and his innovation.