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Sheri Atwood

πŸ‘€ Speaker
178 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

I didn't launch revenue until July of last year.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So I was giving the product away for free, and I had about 30,000 customers.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

But I was focused on just getting customers, not trying to charge them for it.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

They were processing about at that time or now?

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

At that time, they were processing about $3 million a month in child support.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

We're looking at about $14 million a month in child support.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

Today, we have over 43,000 customers, and we have about almost 2,000 paying customers.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So what I did was I didn't want to charge the people that I would have been givingβ€”

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

the product away for free.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So we only started charging new customers.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

And then we have been and are in the process of launching additional features that will be premium features that will be able to charge our customers.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

No, because we have some of that is monthly.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So we're doing about right now, I think we're close to a hundred thousand a month.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

It's $200 up front, or sorry, $120 up front, right, per user.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So we get that, and so we're getting the monthly users, and then we multiply that also by the

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

$14.99 or $15 a month.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

Oh, I see.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

Yes, of just monthly recurring, just the monthly fees, yes.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

Well, we don't.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So it's a free 30-day trial that they can use the system.