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SaaS Interviews with CEOs, Startups, Founders

He's Making How Much from Text Message Marketing? EP 288: Chris Brisson

15 Jun 2016

Transcription

Chapter 1: What is Call Loop and how did it start?

0.031 - 21.194 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. I'm now at $20,000 per talk. Five and six million. He is hell-bent on global domination.

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Chapter 2: How did Chris navigate buying out his co-founders?

21.254 - 40.112 Nathan Latka

We just broke our 100,000-unit soul mark. And I'm your host, Nathan Latka. Okay, Top Tribe, this week's winner of the 100 bucks is none other than Derek Rodenbeck. He is an artist and he's looking to increase his revenue.

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40.773 - 52.987 Nathan Latka

If you want your chance to enter and to win 100 bucks each Monday on the show, simply subscribe to the podcast on iTunes now and then text the word Nathan to 33444 to prove that you did it.

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Chapter 3: What challenges did Chris face while building Call Loop?

53.427 - 72.887 Nathan Latka

Again, text the word Nathan to 33444. Top Drive, you are listening to episode 284. Tune in bright and early tomorrow morning to hear from Finn Kelly, where he answers the question, what if an accounting firm was built specifically for young entrepreneurs? Wait till you hear what he's doing. Good morning, Top Tribe.

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Chapter 4: How does Call Loop generate revenue?

72.967 - 83.622 Nathan Latka

I am here with my vanilla something. It's like vanilla, hazelnut, latte something. Wafting yummy steam into my nose. You guys are gonna love our guest this morning. His name is Chris Brisson.

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Chapter 5: What are Chris's revenue goals for 2016?

83.702 - 90.772 Nathan Latka

Many of you may know him from Call Loop. That is his baby. And I said, Chris, what's your bio? And he says, I like turtles. So he's gonna straighten that out here in a second.

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Chapter 6: How does Chris plan to pivot Call Loop's business model?

90.812 - 93.015 Nathan Latka

But Chris, are you ready to take us to the top?

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94.058 - 116.961 Nathan Latka

i'm ready nathan let's do this so we've known each other obviously for a while you just introduced a new little one to the world about 25 days ago so i'm impressed that you're still doing podcast interviews and that you have enough energy to do anything except change diapers so thanks for coming on yeah my wife does all the work so it's easy awesome okay so tell us more about uh call loop what is it and how do you make money

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117.751 - 128.043 Chris Brisson

Yeah. So call loop is a voice and text message platform. So if you were to think about it, it's like MailChimp for mobile messaging or a Webber for mobile messaging.

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Chapter 7: What lessons has Chris learned about equity and partnerships?

128.063 - 136.432 Chris Brisson

So we're a platform that allows businesses to send text messages and voice messages to contacts, customers, prospects, that sort of stuff.

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136.712 - 140.617 Nathan Latka

Okay. Yep. And what year? So give us some more context.

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Chapter 8: What advice does Chris have for young entrepreneurs?

140.677 - 143.119 Nathan Latka

What year was the business founded in? Yeah.

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143.16 - 175.726 Chris Brisson

So we originally had the idea. in 2009 and partner in probably 2010 we soft launch the product in mid 2011 and today's in 2016 so a couple years so let me just ask you what why why this take three years to get going were you juggling other things or what yeah it wasn't My co-founder was the developer. So, you know, we kind of partnered and said, Hey, let's build this app.

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176.187 - 193.797 Chris Brisson

And in mind, I've never really built software before. So, you know, what, what everyone is doing now is, you know, going full force and all that sort of stuff. We were just on the side saying, Hey, let's build this software. and see what we can build out. At the time, I had some info products, and I had a consulting company.

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194.358 - 211.379 Chris Brisson

Really, info products were pretty much automated, but yeah, I mean, it was just something that we moonlighted with. My co-founder had a full-time job making a nice, hefty six figures, so in order for him to take a leap, it would take some cash flow to kickstart it, and we didn't have it.

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211.499 - 216.085 Nathan Latka

So did he build the whole product just because of the equity he got, or did you guys pay him cash?

216.875 - 236.951 Chris Brisson

So we did an equity deal and he, you know, he had a full time salary. So we brought him in. We brought another developer and gave him a piece of the equity as well. And so, yeah, it was just that both of us equity, you know, we put in some money just to kind of, you know, how much is. Oh, boy. Ten grand. Got it.

237.652 - 237.752

Yeah.

238.002 - 244.17 Nathan Latka

And so what what does the cap table look like today? Is the co-founder still with you guys or is it all you're the only one that has equity or what?

244.951 - 271.671 Chris Brisson

Yeah. So I bought out my business partners last year in 2015. Yeah. Yeah. 2015. So end up buying those guys out. They were kind of silent, I would say, for maybe a year and a half, two years. So for them, it was, you know, it was a nice a nice payday for those guys. to exit the company. They just weren't hands-on. And so, yeah, so it's myself and two investors. So two previous investors from

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