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Mark Douglas

๐Ÿ‘ค Speaker
230 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

What I'm trying to do is do the same thing, empower people to build better communities, which includes my own people.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

So I want to enrich them as quickly as possible.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

The faster they're financially healthy, the faster I'm going to grow because they're more settled.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

I don't lose them.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

We do staff retreats.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

We have an annual staff retreat.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

We bring everybody in the company to a hotel for three days, and we network, and we enjoy each other.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

Every department does their own retreat.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

We get together.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

We make sure there's bonding and relationships and holidays.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

We have a 3.6% churn rate.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

The average SaaS company is 14%.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

So if you do right and you empower, you build and take care of your employees, you're going to keep them a lot longer, and it's a lot cheaper to keep employees.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

And then empower your people.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

the talk yesterday about transformational management, is you've got to let your employees run the business.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

You've got to have them, it's really about the KPIs, the measurement, and getting them that plan and then letting them run with it.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

You've got to have a really flat structure so that you don't have a lot of decision making at one level and then everybody just follows suit.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

The Navy SEALs are arguably the best-run organization in the world.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

They almost always win.

SaaS Interviews with CEOs, Startups, Founders
Do these 9 things to ensure your way to $50 Million ARR

And they have no more than six people reporting to any one person.