Steve Benson
speaker
874 appearances
4 recordings
1 series
first heard Mar 2020
last heard Dec 2023
Steve Benson’s voice in public audio — every appearance, attributed to the second.
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Appearances
Top Founders · How I hit $5m ARR, kept control using 3 different debt providers · 21 Oct 2022
podcast
But, I mean, it's hard to make $2 million a year in profit.
And the reason they do that is because it's like, oh, well, if you're taking $2 million a year in profit, even if things go kind of sideways, you're still going to pay your loans back.
So these are all for earlier stage companies.
These are all MRR-based loans.
If you're profitable, I haven't gotten there yet, but... Awesome, guys.
Let's do it.
Well, you know, so I think that we're one of those companies that will be affected by this because of the service that we provide, you know, helping field salespeople go and meet their customers.
So dentists, for example, right now aren't, they're probably not buying a lot of new fake teeth or new tools or new medical devices.
And so our customers, the people that go and sell that dentist, that type of stuff, they probably don't, they're not getting meetings.
They're not out in the field.
some software companies will be impacted differently than others.
I mean, obviously, if you were Zoom, then more people need your stuff right now.
But for us, definitely, there's going to be
there's going to be a downtrend in demand for our products, at least for the short term here.
Well...
I think that the more cash you have on hand right now, the better off you are.
And, uh, you know, just hunker down and make the product great for when you come out on the other side, um, and, and kind of turn the focus to that on the sales and customer success side.
I would say people, at least what I'm thinking about is how do I make the customers that I have more successful?
How do I keep them extremely happy?
Um, and, uh,
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