Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Shawn Porat

๐Ÿ‘ค Speaker
162 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

The problem is they never really tapped into small business as well.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

Um, Donna Berkshire does an awesome job at public companies and, uh, large private companies.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

But when you get down to the small business level.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

you know, they just don't have that great information.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

I'll give an example.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

Uh, one of my previous companies been around for seven years, uh, uh, recovery of judgment.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

It's a judgment asset investigation company.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

And, uh, for that company, we checked our credit report and it said that our credit score was like 25 out of a hundred.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

Uh, yeah, I'm done.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

It had, uh,

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

It had our address from six years ago.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

It said that we spend $50 a month on expenses.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

Meanwhile, we're spending about $25,000 a month on expenses.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

It was just completely inaccurate.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

And it sucks because, you know, there's a lot of small businesses out there that rely on their business credit to get funding.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

And because there's no good business credit report out there, they're stuck.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

Their focus has predominantly been for like, you know, their financial customers and the small business industry.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

They've been trying for a while to tap into, but it's never really worked well.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

One of their companies, I believe produces about a hundred million dollars a year in revenue by charging between 2000 and $10,000 a year to small businesses to build their credit report.

SaaS Interviews with CEOs, Startups, Founders
EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

So I believe that's a fundamental issue there.