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Steven Benson

๐Ÿ‘ค Speaker
381 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

I mean, they wouldn't have started using it if they weren't going to use it for at least a year.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

So if you, if, if they are, if they, if they're like, yeah, I'm gonna be using this in a year and you're like, Hey, you know, you get 20% off if you, if you buy it for a year.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

Um, it's, it's the salespeople talk it through.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

So it's,

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

I guess this gets back to when you were like, oh, it's so expensive to have salespeople talk to each one of these people that are only giving you $420 a year.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

It's like, yeah, but that's one of the benefits of having salespeople and having that personal touch is they can have the message.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

I'm not even sure how they're delivering this, but it's definitely in their scripts.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

We wrote it out.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

So it's like,

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

You know, well, do you think you're going to be using this for the next year?

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

Okay, well, if you think you're going to be using this for next year, you should probably take advantage of the 20% off that you can get if you buy annually.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

And especially, I think another thing that we do is we tell them how much they're going to save.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

We actually do the math.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

We don't just say 20%.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

We say...

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

Oh, and that's going to come out to $75.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

I think a company like Lighter is looking at both cash flow and MRR.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

They're looking at the whole business pretty carefully, I think.

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

When they're determining what rate to do a deal with, they're evaluating your ability to pay them back

SaaS Interviews with CEOs, Startups, Founders
867 SaaS: 80% yoy Growth, Badger Maps Passes $180k MRR

And you're paying them based on revenue coming in, which is why it's hard to give โ€“ it's not perfect to say, oh, it's exactly this percentage in terms of the loan cost.