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Kyle Racki

๐Ÿ‘ค Speaker
167 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

It's an inside joke where the people at Springfield on The Simpsons kind of make up words that don't exist.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

And one character says it's a perfectly cromulent word.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

All right.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Very good.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

All right.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Let's get into the business.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Tell us what Proposify does and how you make money.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Cool.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

So Proposify is a SaaS company and we help people streamline their sales proposal process, close more deals, do it all in the browser and collaborate easier on their sales process.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

And revenue model.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

So what are people paying you on average per month?

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

The average customer pays about $40, $50 a month, but we have prices ranging from $25 a month all the way up to about $250 a month.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

So we launched the initial MVP in 2013, and it took us actually a long time to really hit product market fit, about 17 months.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

So we were under 1K MRR for quite a long time.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

How long?

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

From about April 2013.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

We didn't really hit it until about September of 2014 was when we started to see everything increase.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

How many months?

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

I mean, for a long time when we were working on the product, me and my co-founder, Kevin, were actually running an agency.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

So we were doing web design and marketing work for clients and we kind of built it in-house.

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