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Sean Clark

๐Ÿ‘ค Speaker
120 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

That's correct.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

No, it was accounts receivable automation, which sounds really boring, but basically it just helped small and medium businesses collect money that was owed to them.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

And by automating all kinds of outreach to the customers and just basically bothering people until they paid their bills.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

You know, I grew it from my kitchen table to about a thousand customers.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

And I just wasn't sure kind of where to take it and where to go with it.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

And right about that time, somebody came in and said, hey, we'd love to buy you out.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

And it was enough money that I could move on to my next venture, but not enough that I could retire on a beach.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

So I said, all right, let's do it.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

Uh, it was about 40,000 a month.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

Not, not too bad.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

Actually I did.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

I got a cold call from a broker and I thought that was like, uh, Latona's I believe.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

Um, and I thought it was funny cause I thought the guy was nuts and I told him, you know, he just said, well, just name a price, you know?

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

And so I named a price that I thought was a little crazy and he came back with a couple offers.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

Oh, I think my crazy price was like 400 grand or something.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

And then he actually came back with a couple of people who are willing to pay something, something close to that.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

I didn't actually know what the heck I was doing as well.

SaaS Interviews with CEOs, Startups, Founders
1686 How He Sold His First $1m ARR Company

So for the record, I was, I was, I was probably surprised just due to my naivete, not necessarily.

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