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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

Now,

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

What I got was really, really good people that I could afford.

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

So it was half cash, sometimes all equity.

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

But I've got people that honestly cost $200,000, $300,000, $400,000, $500,000, and more a year to support the journey up until now.

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

And so now we're hiring full-time people.

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

We're actually at 50, and we're going to 100 this year.

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

And we're getting everybody full-time.

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

Well, because we think that we can grow, well, first of all, contractors aren't cheap.

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

And so what happens is we know that we're going from needing them two days to three days to four days, right?

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

And so right now I've got two senior guys in marketing and together they're costing me over a half a million.

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

Does that make sense?

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

So, and data, we've got, there's, part of what we want to do is make data a superpower for all of our clients.

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

And so we need a full-time head of data, like ASAP.

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

There's so much opportunity for us on the data world.

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

And so, and then talent, right, with growing.

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

And then, so you just start to, all of a sudden, you just, and then as the team gets more and more full-time, they want their colleagues who are supporting them

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

to become more and more full-time because we're all running as fast as we can run.

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

Does that make some sense?

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

All right.

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

Pursued by a long list of VCs.