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Nathan Barry

๐Ÿ‘ค Speaker
1090 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

And then we pay out a 30 percent commission.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

And, you know, in this case, like we just did a big annual plan push.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

And so a bunch of our affiliates were like, whoa, my check is back.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

My check is big and it's because, yeah, we pay out the commission on the annual plan.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

2015, it was not significant.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

I don't even know the number, maybe $300,000.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

Okay.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

Um, I would have to look at that as well.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

I tend to focus on the monthly numbers, but it's going to be, you know, three and a half, 4 million.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

Got it.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

Okay.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

3.5 million.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

It originally was an intentional choice.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

And then, um, about the beginning of this year, we were at about a hundred K MRR and very short on cash, you know, like having bootstrapped the whole thing.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

So what'd you do?

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

Um, so I, I went out and had conversations about, you know, I went, went down to Silicon Valley and, um,

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

and met with a bunch of VCs and different investors and went down the road.

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

Should we raise or not at the time?

SaaS Interviews with CEOs, Startups, Founders
EP 528: ConvertKit Hits $480k MRR, Helping 10,000 Professional Bloggers Grow Email Lists with CEO Nathan Barry

Uh, we were growing about 30% month over month.