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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

That's why I don't like coming up with numbers that are kind of like, oh, well, we're acquiring a customer for this much more when really all of these expenses overall need to be looked at.

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

To be competitive, we have to pay for this many engineers.

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

I like looking at the business as a whole instead of...

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

Well, different customers pay for different periods of time.

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

So you can't correlate MRR to cash flow.

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

Go ahead.

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

But my point is you can't correlate MRR to cash flow because cash flow, a lot of customers pay up front.

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

Oh, got it, got it, got it.

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

And some customers pay up front for multiple years.

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

So your cash flow is how much you are bringing in the door every month in terms of revenue.

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

Got it.

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

that kind of determines what you have to play with on the marketing, the sales, the employing people side.

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

Yeah, well, MRR kind of pretends that everything is coming in... Monthly.

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

Monthly.

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

Yeah.

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

But that's not the case, right?

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

Well, I mean...

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

you give them a discount and like how much they 20% is the kind of the standard.

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

If they're, if they're gonna, if they, if they're going to come in for a year at a time, we knock 20% off the, off the cost.

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

So it's, you know, it's moving it from a $42 a month price to a $35 or a, it's, uh, I mean, I think if people feel like this is something that's really useful to me and I'm going to be using it for,