Leo Bassam

launching Plutio, helping freelancers, built it to solve his own problem, now serving about 600 customers, paying $10 a month, so $6,000 a month in revenue, used BetaLess and AppSumo to get his initial funding and kind of dollars coming in the door, now focusing on making real, true, recurring SaaS revenue from customers willing to pay every month to support him as he adds value and works towards moving to breakeven and profitable here shortly.

Bootstrapped company, two people in London and Lithuania, 5% logo term per month,

Hello, everyone.

My guest today is Leo Bassam.

He is the founder and CEO of a company called Plutio.com.

Leo, are you ready to take us to the top?

I am.

All right.

What's the company doing and what's the revenue model?

How do you guys make money?

So Plutio is an all-in-one business management and productivity platform designed for freelancers and small teams.

We make money by selling it as a subscription.

Okay.

And what do people pay on average kind of per month for this?

Um, we have three plans, um, start 15 ends at 30 with add-ons for white label and other things.

And currently we're at four, uh, 4,000 pounds in recurring revenue, which is roughly $600 a month.

That's great.

So I want to talk about kind of how you got to the point where you then released the product to market, got your first customers, but right now they're paying about 30 bucks a month.

And how many customers do you have?

Um, paying customers, 600.