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Mike Zisman

๐Ÿ‘ค Speaker
264 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

You run tournaments, you run a golf shop, it's a physical golf shop, a retail, and you do teaching and coaching.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

We have four software products that do all those things.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

We're very, very focused on coaching.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

And so we can sell an entire suite to that club more than just handicapping.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

So when you roll it all up, it's a good deal more than the $44 million.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

The company's been profitable since 2017.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

I'd like to say we have more cash on our balance sheet than all the money we've ever raised.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

How much have you raised?

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

$11 million.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

That's all.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

That's great.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

That's a very good question.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

And I had that conversation with someone today.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

It's actually 14 million in cash.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

I'm like, what the hell are we doing sitting on 14 million in cash?

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

It can fund acquisitions.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

We've done 10 acquisitions.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

And right now, you know, my view as an entrepreneur at our stage is there's always, you know, I'm sure you're familiar with rule of 40, right?

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

Revenue growth plus profit margin.

SaaS Interviews with CEOs, Startups, Founders
Golf Genius: $53M ARR, $10M Self-Funded, Zero VC โ€” Mike Zisman

But there's a strong bias towards growth.