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Soren Monk Hansen

๐Ÿ‘ค Speaker
127 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

Please look at my desktop.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

And Aki will run through these destinations, find relevant documents, and then label them in uniform taxonomies by actually producing its own label using machine learning by analyzing every last syllable of the document.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

So we don't care whether the document is called Nathan's cool document.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

If it's in fact an employment agreement, we'll read every last syllable and tell you what it is.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

So an average user per user, you pay about 40 days per month.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

That corresponds to 6.25 US dollars per month.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

Usually they're buying in between 10 and 20 seats.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

We're pretty early stage right now in terms of putting product in market.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

So we just launched our first paid module.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

And right now our main focus is actually user engagement and proving a willingness to pay.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

Rather than proving a certain amount, we want to prove that people are willing to pay for this service.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

And we'd rather focus on making them fall in love and engage with the product than right now making them pay more.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

Even at the end of the day, we obviously want them to pay.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

So actually, this is built on top of consultancy.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

Me, myself, I'm a lawyer, so I had no obvious way into tech.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

But I just saw that the companies we helped at the law firm I used to work with, documents were a huge mess.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

So we wanted to do something about it.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

We just thought we had to go out of the traditional way of a law firm to help this out.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

So we started a consultancy, a document handling consultancy.

SaaS Interviews with CEOs, Startups, Founders
1489 Getting your First 20 Customers and $1k/mo in Revenue

And what we saw, that was still close to, it was 99%