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Tariq Kerbesh

๐Ÿ‘ค Speaker
140 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

Something like that.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

Yeah.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

And then we're planning on adding the annual subscription model so we can discount the actual monthly so we can have even a long sales ticket.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

Well, that varies.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

We've had anywhere from like, you know, it could be 10,000, it could be 35,000, depends on the actual time.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

But right now, we're wrapping up all of our resources and marketing to focus more on bringing those type of customers.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

Because what we notice is this, the more job we send to these contractors in a regular basis, the more incentives they see for them to upgrade to their paid subscription model.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

Because now you can, you know, any job that we send you, rather than pay me 20%, you pay me 10%.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

So that's an incentive right there.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

And, uh, so as, as we ramp up our PR strategy and marketing effort, which we actually put in together, as we also go through the rebranding process, uh, we're planning on hopefully getting somewhere around 20, on average, somewhere between 25 and 35 a month.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

I don't have the numbers in front of my head, but it's somewhere around the mid thirties.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

Well, you know, the COVID has kind of shifted the economy a little bit more, but we also didn't have too much of resources on the team.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

We're just hiring some more members in our marketing team so we can shift the focus on getting into the contractors.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

We're heavily focused on building the SaaS platforms, and that itself takes so much time and so many resources from our end.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

Still bootstrapping, but we're getting a lot of interest from outside investors.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

Well, the raise we were looking for initially, now we had to raise up a little bit the minimum ticket entry.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

We've given a lot of interest from follow-up interest from Lightspeed Venture,

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

SoftBank and some other Sequoia that they're looking for not to be part of the seed round, which is because we're looking to raise about $1.78 million to get us to where we need to be.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

But we already have those discussions with them lined up.

SaaS Interviews with CEOs, Startups, Founders
ChoreRelief Launches SaaS for Contractors to Manage Invoices, Breaks $800k in ARR, Raising Now

So as you know, once you raise a seed round, you could always go back and raise the Series A within a short amount of time.