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Patrick Shaw

๐Ÿ‘ค Speaker
464 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

And so we, so we spent the next year and a half in development and,

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

Personally, I did.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

I had a friend in private equity and I told him the story and I was looking because this was a new realm for me.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

So I was kind of looking for some advice and counsel.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

And I actually offered them 10% just to help me through the process.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

And they said, well, how about 20 and we'll fund you?

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

300,000.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

No, that was pure, just equity, no payback, nothing else.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

And they've offered a lot more.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

Now we've had a lot more offers since then, but now we're self-funding and it's going great.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

We're dealing with large enterprise level companies.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

That's all we've taken.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

Um, individual users is about 50,000 downloads and paying subscribers is 20 some thousand, something like that.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

23 companies.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

Right now.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

I mean, I think our big play is this small business owner, but, but that, you know, it takes us almost as much work to unload it.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

upload or onboard a small business owner as it does a company with 5,000 users.

SaaS Interviews with CEOs, Startups, Founders
1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

Well, that's, listen, that's a new space we're going into.