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Sachin Bala

๐Ÿ‘ค Speaker
141 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

And then we're also working with tier a corporate, uh, clients, uh, insurance companies, life insurance companies, um, providing, uh, the service as a value add.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

And also in some cases as a revenue driver to help, uh, build their businesses up as well.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So right now we charge $50 per year, $5 per month, or right now we're offering $500 for a lifetime membership.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

100%.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

And for us as a startup, getting that additional revenue right now is critical because

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

We're thinking that right now we might do this 500 just to get a sense of what their appetite is for a service like this.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

There's not a lot of services like ours out there, and we know people hesitate when it comes to

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

to thinking and acting upon their passing.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So what actually resonates and we're figuring that out slowly but fast over the past two years.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

And the price point is one of those things as a startup, as you know, they fluctuate and they change quite often.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So right now we're doing it just to drive some additional revenue into the system.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Understood.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

Yep.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So we officially launched ReadyWin as a beta in November 2020.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

And then we launched our MVP in spring of 2021.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

And we've been constantly iterating over the course of this year.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

So just about a week ago, we hit actually over 1,000 customers, which was fantastic.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

We're getting great feedback.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

But more importantly, we've had over close to over 1,200, we call them items, entered into ReadyWend.

SaaS Interviews with CEOs, Startups, Founders
Life Planning SaaS Hits $5k in MRR, Raises $1m on $6m Seed Round

That could be information or documentation.