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Russ Perry

๐Ÿ‘ค Speaker
249 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

So HQ plus production is about 505.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

So quota carrying is, you know, they have a bonus past their salary.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

They get incentivized on the percentage of the first deal a customer has.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

with us.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

So if that inbound lead only signs up for a monthly, they're only going to get a percentage of that monthly contract.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

But if they're able to sell them into a three, six or 12 month plan out of the gates, then they'll have a much larger, I guess, numerator for the bonus on the sales side.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

We are bootstrapped.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

And then about two years ago, we did a debt lending and just borrowed some money.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

And that has been the best for us because we cash flow really well.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

Our LTV is well over $4,000 and our CAC is anywhere from $600,000 to $700,000.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

So we can return on a client in two to three months as long as we have the cash available.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

Lighter.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

The guy's at Lighter.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

Interesting.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

I love it.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

I mean, I always joke it's like the sketchy college credit card you get, you know, high interest and it's super easy to get.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

But they were easy.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

I mean, they understand it.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

It was a great decision for my business because of my numbers.

SaaS Interviews with CEOs, Startups, Founders
DesignPickle: Bootstrapped, $10m Revenue, Helping 3,000 Brands Get Design Work Done

But if I was selling a $25, $30 product without a big return immediately, I don't know if that would have been the route.