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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

We've not been as focused on just getting, we'd rather prove that people want to pay and they want to engage.

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

And then from there I'll sell.

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

Actually a business model is to,

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

make sure that we clean up companies' documents missed by giving them that one access point for their financial and legal documents.

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

From there, we're going to upsell to even more modules, like a contract management module, telling you when all your contracts expire and so on.

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

So right now we paid, the first problem we ran, we pay about $222,000.

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

US dollars per customer.

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

Exactly so.

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

Well, we just wanted to prove that the funnel sort of makes sense to the target pricing and then upsell from there.

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

But basically, without any upsell, it actually makes sense.

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

All two are running the consultancy.

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

Well, you would think so.

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

Otherwise, we're just really, really good at hiring people that want to engage in the team.

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

And the latter is actually the truth.

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

So people are onboarded on a mission here.

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

To be the truth is actually they're working for close to free right now.

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

So our burn rate right now in U.S.

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

dollars is still below 100K.

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

Well, equity is, of course, part of it.

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

But the other part is then making sure that they can actually work with what they love.