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Mark Abbott

๐Ÿ‘ค Speaker
698 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

So it's a big market.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

We've been growing at 5% to 8% month over month revenue.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

To be direct with you on the data you saw earlier, we put our first price increase in last month.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

February.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

So we never increased prices.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

So we were $12 up until last month.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

So that's part of the reason our numbers are growing.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

We have grown as much as they have in the last couple of weeks.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

But we've been doing 5% to 8% month-over-month revenue growth for several years now.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

CAC payback period, we got coaches.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

We don't even pay them a referral fee.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

You can get the sense for that payback period.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

And then we have our marketing.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

But on average, our payback period is about three months.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

I don't have that included in the CAC.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

Because we make their clients' lives so much easier.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

Yeah, and I don't know.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

It's a really good one.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

I'm just looking at one of my colleagues.

SaaS Interviews with CEOs, Startups, Founders
He Used Community to Hit $7m Revenue, VC's chased him

It used to be that 80% of your clients would graduate.