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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

You know, you're charging small businesses to give you data.

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

And I believe that's why it's never really, you know, been scaled.

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

So right now I'm, you know, we're in the beginning, it's, everything's going to be completely free.

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, we want small businesses to invite their vendors or suppliers on board.

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

We want a small business to come to monitor as many businesses, their competitors, their vendors, suppliers, partners, et cetera, and customers.

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

And how we're gonna make money is by pushing them to different loans.

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

For example, small business built their credit for a couple of reasons.

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

Main reason is they need a loan.

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

So we're partnering up with a couple of alternative lenders, traditional lenders.

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

Yeah.

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

Yeah.

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

Banks pretty much.

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

And we'll be able to take a commission on each of the deals that go through.

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

That's the consumer credit rating.

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

We're going to have a mean letter grade and we're also going to have a couple of sub scores out of 100.

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

Uh, it really depends on what the bank, uh, typically offers.

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, there are some lenders that usually pay out 1%, some pay two, 3%, uh, some pay a half a percent or less.

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

Some don't pay anything at all.

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

Like the nonprofit lenders.

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

So our goal is to make sure that you get the best loan, uh, the lowest interest rate out there.