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Steli Efti

๐Ÿ‘ค Speaker
217 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

Yes.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

So I've been a lifelong entrepreneur originally from Europe.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

I came to Silicon Valley 10 years ago and I've started a number of companies.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

I would say my entrepreneurial superpower is sales and communication.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

So I've been hustling my whole life and I had spectacular failures and some decent successes.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

So here we are.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

Which success are you most proud of so far?

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

I would absolutely say CloseR has been the biggest success in terms of just the size and the impact of the business.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

It's a very small team.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

We're less than 20 people and we're driving many, many millions in revenue and are competing with massive organizations.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

And it's not just the revenue that we make and the impact that the product had, but also just everything about this business in terms of

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

The people I work with, the customers we touch, even with our marketing and blog posts, the kind of impact we have in helping startups and new companies succeed by selling better has been pretty tremendous.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

I do remember what the first year revenue was.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

It was a few hundred thousand in revenue.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

That's not horrible.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

No, no, no.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

But to be fair, this is not quite fair to frame it that way because we had started as a services business called Elastic Sales.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

And in running a services business within the first year of running Elastic Sales, we had developed this internal piece of software called Close.io.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

And a year later, we launched the software product.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

But we launched it with a lot of kind of

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