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SaaS Interviews with CEOs, Startups, Founders

EP 451: 5000 Smart Jewelry Units Sold, $5.1M Raised with WiseWear CEO Jerry Wilmink

18 Oct 2016

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 15.797 Nathan Latka

This is The Top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base. You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have.

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Chapter 2: What is Wisewear and how does it generate revenue?

16.277 - 27.135 Nathan Latka

I'm now at $20,000 per top. Five and six million. He is hell-bent on global domination. We just broke our 100,000-unit soul mark. And I'm your host, Nathan Latka.

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Chapter 3: How did Jerry Wilmink raise capital for Wisewear?

27.959 - 46.426 Nathan Latka

Okay, Top Tribe, every Monday I give one of you a hundred bucks to invest in your idea and to get to the top. To enter, subscribe to the podcast on iTunes now and then text the word Nathan to 33444 to prove that you subscribed. Last week's winner was Dr. Paul Vasquez.

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Chapter 4: What challenges does Wisewear face in the retail market?

46.686 - 55.519 Nathan Latka

Dr. Paul Vasquez with My Ads Nation. And he currently is working a full-time job and is dying to get out.

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Chapter 5: How does Wisewear ensure safety for its users?

56.225 - 57.547 Nathan Latka

Nathan Latke here.

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Chapter 6: What was the inspiration behind creating Wisewear?

57.607 - 60.131 Nathan Latka

Coming up tomorrow morning, you're going to learn from Arif Maman.

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Chapter 7: Who is the target market for Wisewear's products?

60.172 - 78.64 Nathan Latka

He's got $70,000 in monthly recurring revenue with his company, C-Store Pro. It's a total data play with less than $1 million raised and less than 5% monthly churn. Top drive. Nathan Latke here. And our guest this morning is Jerry Wilmink. He is the C-Store Pro. CEO and founder of WiseWear.com.

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Chapter 8: What is the pricing strategy for Wisewear's jewelry?

79.04 - 93.453 Nathan Latka

He's a recovering bioengineer turned entrepreneur that fuses fashion with threads of technology to keep you safe. Jerry, are you ready to take us to the top? Oh yeah, I am ready. All right, let's do this. Thank you so much. Yeah, how did we connect? It was something cool. It was on Twitter or something, right?

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93.473 - 101.22 Jerry Wilmink

I think it was through Twitter. And then I think it was again through our YEC network. Yeah, yeah, yeah. Facebook too.

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101.361 - 103.022 Nathan Latka

So you've listened to the show. You like it.

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103.002 - 103.683 Jerry Wilmink

Oh yeah.

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103.923 - 106.286 Nathan Latka

Oh yeah. What do you like? You just, you just like, I get all the numbers, right?

107.127 - 119.542 Jerry Wilmink

No, you know, I, I'm a startup junkie, you know? So I, you know, I literally, even at our headquarters here, I incubate other new companies and I just, I love the whole process of bringing, you know, ideas to fruition.

119.602 - 134.9 Nathan Latka

And, um, do you know Pat Matthews and Lou Mormon and all those guys there in San Antonio? Oh yeah. They've all been here. That's awesome. That's great. They were, uh, Pat was an investor in my first company. In fact, a lot of the folks that, that are, that kind of X rackers were, that's cool. Yeah. All right, tell us about WiseWear. What's it doing? How do you make money?

135.842 - 140.949 Jerry Wilmink

Yeah, so I'm happy to tell the brief story, kind of how we got started.

141.149 - 145.695 Nathan Latka

Yeah, well, let's do that after, though. Give people a sense of what you do first. So what does it do and how do you generate revenue?

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