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Rob Faro

๐Ÿ‘ค Speaker
213 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

We're spending a few thousand a month.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

I apologize.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

it seems like our local refuse company knew we were doing an interview.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So I thought they'd show up right now and back their truck up.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So I apologize.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Um, you know, it,

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

The customer acquisition cost has always been an interesting conversation because there's no one trigger or one conversion metric that will give us that accurate dollar amount.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So it's sort of an aggregate.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

And we do a 30-day free trial onboarding.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

We do commit โ€“ and I'm going to sound vague on this and I apologize because we're still trying to figure out how we fit in our onboarding team because they're a cost center to us and they're part of that acquisition cost.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

And it's something we haven't truly โ€“

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

I guess figured out yet.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

But I would say on average, it's probably about a hundred bucks is, is probably a realistic number right now.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

It's a three month payback.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

All in.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

But then, you know, we, the, the, the challenge we have is we're in a, we're in a cyclical industry that's seasonal.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So we see ebb and flows in our customer base.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Like right now we're at a lower customer time and we'll ramp up again at the end of this year when booking season starts and then it's kind of a trickle down.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So the way our business has been designed is really,