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Luke Swanick

๐Ÿ‘ค Speaker
235 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Be humble, be hungry.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Um, we're neither yet.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

We could be pretty soon if we wanted to.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Um, but again, we charge less than a SaaS business would because what we care about is the long tail impact of having a network business, um, charging on the performance.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

So if we want it to be SaaS and be profitable, we probably would have been there several months ago.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Um, it's just not what we're building.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Three and a half months.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

No.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

So we've never done any marketing, promotion, et cetera.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Our heavy investment is in getting these companies set up effectively.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

So we put a lot of human resources towards the onboarding.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Got it.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Sorry, so when you said payback period, I was answering kind of on companies.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

So how long it takes for them to hit break even on their initial gross sumo investment.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

Oh, got it.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

I meant the other side.

SaaS Interviews with CEOs, Startups, Founders
1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

No, ours are ridiculously low.