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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 there's a lot of small companies in there.

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

There's a lot of one or two offs.

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

But generally speaking, that's, you know, obviously less than close to, it's been averaging less than half a percent per month for years.

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

So why did we raise the money?

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

I self-funded it for the first, you know,

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

Three, four years.

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

I didn't want to, I could do that.

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

I didn't want to give up any equity.

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

I had sold some to my colleagues and some customers and things like that.

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

But, yeah, so I was at 80% up until Insight came in.

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

Only had one full-time employee up until, I want to say, 1990.

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

And then all the rest of us, including me, I was an EOS coach for years, right?

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

So I got in there.

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

I had the idea back in 2005 sitting on a bunch of boards.

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

And I'm going to use an expression that someone shares, and it's crude, so apologize.

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

But I would go to these board meetings, and I'd invested in 100 companies.

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

I built a business that made our shareholders over a billion.

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

I'm like, guys, this isn't that complicated.

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

And I thought it was me, right?

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

But every time we'd go to a meeting, I'd say, you got to do these things, these things, and these things.