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Patrick Enzinger

๐Ÿ‘ค Speaker
295 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

So people find us via Google or via some ads we ran.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

How much did you spend last month on ads?

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

Nothing.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

We don't do ads anymore.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

That was back in 2017 to 2018, 19, maybe.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

Most of our growth now is referrals from existing customers.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

So last month, we had 70% of our growth was referrals from existing customers because they are so happy with the software that we provide for them.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

How do you track that?

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

Do you pay them a kickback or something?

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

Yeah.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

Yeah.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

They get a little bonus basically on the next invoice.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

It's 50 euros, something like that.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

So it's not a huge amount.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

No, 50 euros.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

So about 60, $65.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

They get $65 for every new customer they refer to you.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

Yeah.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

That's pretty cheap for a referral program.

SaaS Interviews with CEOs, Startups, Founders
HealthTech SaaS Bootstrapped to $600k ARR, 1200 Customers and 500,000 Patients

That's nice work there.