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May Al-Kharouni

๐Ÿ‘ค Speaker
212 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

And I initially kept my job and put 800 pounds into a freelance developer and built my very first MVP and went to get to market to see.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

who would take it on.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

And the first client to come back was actually the largest retailer in the UK, which I don't know if you know, it's Topshop.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

It used to be in the US.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

And they trialed, I said to them, have you got any problems with furniture?

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

And they were like, not furniture, but fixtures and fittings.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

So these retailers spend millions of pounds a year on disposing of a lot of very bespoke, expensive fixtures that you see in their stores or their window displays and so on.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

So that's basically how it started.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

So they were paying per store.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

So initially it was we did it for free for them the first year because this is a new model.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

Remember, so no one had ever come across like a reuse platform where we give items for free and we generate ESG data as the value of the software, if you like.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

And so we have to test it to trial the model out.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

So initially we didn't charge them anything.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

We did 60 stores for free for them.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

And then after the first year, obviously we had certain other clients coming.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

We had a restaurant chain called Nando's turn up.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

the NHS, our healthcare system came on board with hospitals.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

And eventually we started creating the modeling.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

So we would test with 500 pounds.

SaaS Interviews with CEOs, Startups, Founders
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

And the reason it was 500 pounds.