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Stephen London

๐Ÿ‘ค Speaker
253 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

As many people that can be empowered to do as many tests as possible wins.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

We spent, so in 2023, we went from 400,000 in ARR to 7 million in ARR, and we spent $80,000 on marketing, which is wild.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

And I'll talk a little bit about how we did that, but...

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

I think an important lesson from that is spending money on marketing does not make good marketing.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

You have to spend money on marketing when you have product market fit and you know what you're doing from a marketing perspective, otherwise you are spinning your wheels.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

So here are some experiments we ran.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

We gave away the product for free.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

We did free onboarding.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

We hired people without an exercise, which is a terrible idea.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

We ruined our email domain.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

We hired demand gen agencies.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

Didn't work out.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

But some random fun things that worked.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

We threw a free party.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

kind of convince this other larger organization, hey, I want access to real estate agents.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

And we said, okay, great.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

Why don't you throw the party?

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

We'll pretend like we're hosting it.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

And then you guys and your team can attend.

SaaS Interviews with CEOs, Startups, Founders
Here's how I added $10m revenue over the last 18 months, HiFello CEO

So we threw this party for 200 people.