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Yuri Ferber

๐Ÿ‘ค Speaker
458 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

So as more as you do using your partner product, as more you can retain from the revenue.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

So you can maybe share 50 or less percent as more as you can.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

you do with that product.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

After some time, as I said before, if you six, 12, or 18 months, or 24 months, it depends, there's no magic number, after you find out that product from your partner is working,

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

You're really selling it to your customer base.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

Maybe you start to think about how to acquire these guys.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

So the acquisition, you should have, since day one, a formula to price that cost of acquisition.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

So you can buy these guys or even you can...

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

equity swap.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

So rather than buying them or buy the IP or buy the IP and the team, you can maybe bring these guys to your company and give your company's equity in exchange of their product.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

That's the third option.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

This is, by the way, the way I like more.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

Again, talking about

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

Yeah, so build is the first way.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

Buy is the second way.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

In my opinion, the best way is partner now and maybe buy later if it's working.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

Let's jump to section three.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

So we are talking now about segmentation.

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

Segmentation is very important because, you know,

SaaS Interviews with CEOs, Startups, Founders
Top 3 Considerations When Growing Your Business from Single Product to Multi-Product

You can have a great product, but if you don't serve your customer base well, you're going to have churn even having a great product.