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Shekhar Rahman

๐Ÿ‘ค Speaker
112 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Well, a lot of our roadmap is informed by our customers.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So we see their pain points and they come back to us and say, can you solve this?

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Can you solve that?

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

And we wind up then building a platform based of it.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So 50% is coming from pure internal innovation and R&D and 50% is informed by the customer.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Yeah, that would be my rate.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Well, entrepreneurs are never satisfied.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Everybody wants to be 10X in two years.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Not really.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Not since the pandemic.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

We had just some internal note rounds, but that's about it.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Today, of course, we're cashflow positive.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So not really looking to raise money until maybe the end of the year.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Correct.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Correct.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So right now we are cashflow positive and I guess it's a good position to be in, but we see a lot of new opportunities come into the market, which we think we'll go out and raise some growth capital for.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

About 9.4 million.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Correct.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

And then 2018, we did about three and a half.