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Levi Morehouse

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

I took a I took a 70 percent pay cut my first year.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

I actually got the earned income tax credit on my tax return that year with a wife and three kids.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

So it was a pretty big leap.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

So I was making in the, you know, 70s.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

I kind of went down into the sub 30s.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

I was a CPA.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

So I was an accountant.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

I just so we initially from 2008 through 2014, we were an outsource service business, purely bootstrapped, did not raise any capital as myself and built it to a nice business, you know, doing seven figures over over seven figures and doing OK.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

To really scale and grow at the kind of rate we wanted, we had to switch models and become a SaaS business.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

So we went from a service business to a SaaS business in 2015.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

And growth kind of took off since then.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

We actually just closed a Series A back in May.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

So we have taken capital, but we kind of went this strange, I'm like the oldest startup in the world.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

The company's life, you know, we're eight years old and we're just close to series A. Yeah, but Levi, we got a lot of traction up until that point, which is kind of interesting.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Like I say, if I were to raise money and try to edit in 2008 or 2009, it would have been an epic failure.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Because what I would have thought the customer needed would not have fit the mark.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Now there's zero doubt.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

Exactly what the customer needs and how to execute on it and all of that.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

$4.2 million.

SaaS Interviews with CEOs, Startups, Founders
EP 421: SaaS Accounting $238k MRR, $4.2M Raised, 200 Customers with Ceterus CEO Levi Morehouse

We have a...