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Tim Ray

๐Ÿ‘ค Speaker
160 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

You're going to give us $220 upfront.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

And we only have to pay that out, you know, one month at a time.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

So whereas most e-commerce businesses like, which is true of carnival club or sorry, bro.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

Okay.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

And other companies where you might have a large amount of cash in

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

tied up in inventory or you've done sales and you're you have an accounts receivable where you're waiting to get cash in you know carnival club has the opposite problem which is a good problem where we have so much cash on hand that we haven't actually earned yet because we're waiting to ship those boxes out for future sales yep so what is uh let's just go back i guess maybe the maybe the best thing to do is break down february 2016. how much revenue did you do in february 2016.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

So February, 2016, we did just shy of 200,000 in sales across Canada, the U S and Europe.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

Yeah, yeah.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

So of those sales, I would say on approximate, let's say we did two thirds of that would have been gift sales.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

Let's say, you know, half of that would have been multi-month gift sales.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

Okay.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

And when you say gift sale, you mean the one time?

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

No, like gifts mean it's like, like a fixed term, like whether it's, uh, so on our website, we put you in the two different funnels.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

Uh, you can, when you come to our homepage, you either choose to like to join, which is like, presume that you're joining it for yourself or you're getting it to somebody else.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

You need to go to the homepage.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

You're on the subscription tab.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

Um, I'm on the homepage.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

If you just click the homepage.

SaaS Interviews with CEOs, Startups, Founders
Meat on Demand Does $1,200,000 in 2015, EP 280: Tim Ray

So you can choose to give to one month or 12 months.