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Shriram Shubhamanian

๐Ÿ‘ค Speaker
143 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

But yes, three of us are primarily responsible for that.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And then a lot of our partnerships with the platforms have worked working very well.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

So we get at least one very qualified warm lead a fortnight from our partners.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

The plan is July of this year.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

So it would be about a tripling in size.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

That's right.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And that is because the first goal, which I think we will hit by March itself, is to make sure that

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Well, if we left and the company left on a holiday for two or three weeks, that we would still be able to meet payroll and that would comfortably happen now.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And then it's about like really growing the margins and so on.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Right.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And making it a true recurring model.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And the depth we have to build in terms of technology also has to be there in terms of focusing on point of sale accounting and employee management.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

So those are the three verticals that we have chosen, which are critical to, let's say, a restaurant or a retailer to run their operations.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

So once we have achieved depth there, then it can all be based on subscriptions.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

There's two customers in that bucket.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And one of them we lost out because there was a dependency on, I think they were on NetSuite ERP or something.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

And then that did not work out for them.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

So it wasn't because of our integration or fault.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Those about $6,000.

SaaS Interviews with CEOs, Startups, Founders
153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

But we did not actually, we got the revenue and then they decided not to get onto the monthly revenue.