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Larry Talley

๐Ÿ‘ค Speaker
185 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

But after moving the company to Austin, we accelerated very quickly over to almost really over three and a half million.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

So today the company is very profitable.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

We are on track right now to exceed over probably about 25 million in revenue this year.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

And a really a lot of.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

Thank you.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

Because it's a grind.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

And bootstrapping it in the beginning and in the early days is definitely tough.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

So to get into that 10 million ARR really involved a lot of hard work and dedication from our team and our people.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

During that time at the seed stage level and putting myself in the opportunity, I had one desk in Austin and I really didn't have any employees.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

I was really myself.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

I was a software engineer and really just trying to build things out.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

And at the time I hired another software engineer because that's typically what we do.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

And really I hired this person to be my replacement.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

And I felt the first thing I had to do was replace myself as an engineer and really put myself more or less in the front lines to work in other departments, whether it was accounting,

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

department to build that out but it was ultimately the HR department where I spent my time and I really leveraged you know my network and I used my network to really make my first hires and you know at that time it's just about it's not like you just want to take just about anyone but I just really needed bodies at the time and hiring my friends what I thought was the right move or potentially would

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

lead to a disaster really turned out to be in my in my world a really a great thing because these people were really loyal and they spent time with me over the years so it actually worked out well I know it doesn't work out well for everyone else but um you know I really surrounded myself by what I could think about is like family people I want to hang out with drink a beer with and spend time with

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

But ultimately, it was to really fine tune our product, right?

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

So hiring more engineers, more product design folks, and really focusing now on really getting our product right.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

Because at the end of the day, as a software engineer, I was building too much.

SaaS Interviews with CEOs, Startups, Founders
3 Phases: Get People, Product, and Profit Right at Each Growth Stage

Because ultimately, when I went and put this in front of VCs, I had an app, I had a text messaging system, I had a payments company.