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Randy Rayess

๐Ÿ‘ค Speaker
163 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

So like transactions completed on the platform and transactions complete and payments.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

So we facilitate.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

Okay, so our company, so if you look at our company and our metrics, so we have 31 employees in the company.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

And then from the way we make money, the transaction is one metric.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

So you're right, we make on the basic plan transactions matter because we're making a percent.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

On the premium plan transaction, it doesn't matter as much because we're making a monthly fee.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

And so that's why it's more complex than that.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

From a revenue standpoint, we had a great year last year and we were able to scale up the company.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

So last year alone, we moved from around $14,000 to $15,000.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

it was a great year for us and we did, we were able to do well.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

Whoa.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

I'm saying our revenue, we had a great year in terms of revenue as well.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

Last year.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

Like, so we don't, we don't release our specific revenue figures.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

And that's why, that's why I'm saying like, uh, the,

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

we have but we've we had a really good year last year and that's that's how we've been able to why do you why do you say really good though but then you won't well you won't help us understand what really good means i mean that's give us a range if you don't feel comfortable giving a specific number well i said because the reason we we we haven't like as a company we haven't specifically been we haven't like gone out and actually mentioned our specific numbers and that's why i that's why i'm saying like but it's because we bootstrapped company you can kind of

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

get a sense of, okay, we're funding our operations from cash flow.

SaaS Interviews with CEOs, Startups, Founders
Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

So it's different from a financing company where costs and revenue are completely independent.