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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Your total expenses.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

If you have no revenue, what are your total expenses per month?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Like 50, 60, 100K?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Okay.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Where do you spend most of that money?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Salaries.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

No, Dimitri, we love that.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

So just to be clear, though, so you're spending $150,000 per month in total spend.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

If you've got six months of total spend in your bank, that means you've got about a million cash in the bank that you saved up from profits over time.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

That's a good way to do it.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

You didn't answer my question about growth.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

How do you go from 80 customers to 90 customers?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Where are you finding them?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

uh price and uh you know in hard times people tend to flock to that well try to be specific i mean reputation is very generic you know when a customer closes and when a customer closes and pays you and you do a good job for them do you send them a specific email script saying hey can you recommend one friend if you're happy how do you actually drive reputational inbound uh sometimes i just ask them if they can recommend somebody sometimes they i just we basically have enough of them that they

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

And Dimitri, on that note, tell me about the team you have around you.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

How many full-time?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

I've got 16 people full-time.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

How many of the 16 are engineers?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Any sales reps besides yourself?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

No.