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Sam Saltis

๐Ÿ‘ค Speaker
149 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

I get you.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

And I suppose the one benefit for us is that we're not spending a pile of money in acquisition.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

We're not actually putting a lot of money into a lot of the marketing stuff.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

We're doing it very conservatively.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

I don't know the exact number, to be honest with you.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

I heard it in one of your podcasts and I went, I better go work that out.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Oh, yeah.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Way below.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Way below.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Below a grand?

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Yeah.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

No, no, no, no, no.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Because I've now just put on salespeople, and as you know, they cost money.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

So if I'm taking it all in, I'd say it would be probably at least two months worth of subscription.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Yeah, and they stick around for at least four to five years.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Because once you've built an e-com, a multi-tenant e-com, and you're scaling globally, the last thing you want to do is change platforms.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

So the reason it's higher than 10 grand is because I offer commissions to the agency partners to bring them on.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

So my internal CAC in terms of what I- Fully weighted.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

Yeah, that's right.

SaaS Interviews with CEOs, Startups, Founders
978 Why Sole Founder is OK Burning $40k Cash and Bootstrapping

So, you know, when you're a partner of Cordia now, you get the first month subscription delivered to the salesperson.