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Nathan Latka

๐Ÿ‘ค Speaker
224696 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

But my research team basically said, you've talked about this publicly, that there was a black swan event at the hedge fund.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Was that the point where you said, ah, there could be more to life than managing money all day long?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Can you maybe dive into that a bit?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

How did this, where'd you guys come up with the idea for the business?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

How did it get going?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

So Ben, when you say really took off in 2020, that first year, can you share in 2020, what was total revenue?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Well, what does that mean though?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

I mean, if you're, are you charging 60 bucks an hour, 70% utilization, so you're doing a hundred thousand bucks a year in revenue or what was it?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

I know you maybe feel small now, but I'm curious how it started.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

In 2020, then with that one location, 30 per hour, 18 hour days would be about 70% utilization is about 540 per day.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

And if we take that 360 days a year, so five days off, that'd be like 150 to $200,000 of revenue from that one location that year.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Is that about right?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Something like that?

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

It was in the hundreds of thousands.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Guys, remember, I am not just a YouTuber.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

I'm investing in my third fund.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

We've deployed $250 million into 550 software companies so far.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

Again, at founderpath.com.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

If you're interested in capital, I would love to cut you a check because I know you're investing in your education.

SaaS Interviews with CEOs, Startups, Founders
He Turned Pickleball Software into a $3M/yr SaaS

You watch my show.