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Mike Beck

๐Ÿ‘ค Speaker
131 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

We had a fantastic network.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

I was speaking to our partners.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

And that's one thing that we did do really well is that we had this great partnership program going.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

And so I was speaking to the partners, speaking to the people within our network.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

And we all realized that actually one of the features that Reliving had,

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

the ability to record loved ones, create question packs and record loved ones would be great within the hiring process.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

So we made the executive decision during the pandemic to say, look, let's just pivot the company.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

Let's just go for it.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

If we're going to really do this, we've got to go all in.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

And we pivoted it to a B2B product.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

It took us seven months to turn it around to produce the MVV product.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

And then we launched Reworking.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

So we have three price plans, ยฃ35 a month, ยฃ99 a month, and ยฃ199 a month.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

So on average, our average selling price is about ยฃ106 per month.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

Yeah, actually around about five at the moment.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

But when we released MVP in October, we released it pretty much to organizations that we knew within our network for free.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

And it's only been really since February that we've really injected money into our marketing and pushed forward.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

How much have you guys raised to date?

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

We've raised ยฃ502,000.

SaaS Interviews with CEOs, Startups, Founders
They Raised $300k on $1m after B2B SaaS Pivot for Job Applicants to Record Videos Easier

I mean, it was more, we just knew that we had the technology already built.