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SaaS Interviews with CEOs, Startups, Founders

He's Taken No Funding, Doing $2,600,000 Per Year With SaaS Business Webinar Ninja, EP 252: Omar Zenhom

03 Jun 2016

Transcription

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

0.031 - 15.769 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 the main focus of Omar Zenhom's business?

16.27 - 32.147 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. Okay, Top Tribe, this week's winner of the 100 bucks is Jose Avila.

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Chapter 3: How does Webinar Ninja generate revenue?

32.468 - 55.354 Nathan Latka

He is a 17-year-old that doesn't want to go to college and he wants to start his own business. For your chance to win 100 bucks just like Jose every Monday morning, simply subscribe to this podcast on iTunes right now and then text the word Nathan to 33444 to prove that you did it. Okay, Top Tribe, you're listening to episode 252, and coming up tomorrow morning, you're gonna hear from Ryan Urban.

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55.754 - 66.765 Nathan Latka

He went from zero to $17 million in sales in 2015 with his New York City-based SaaS company. Good morning, Top Tribe. We've got a great guest this morning.

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Chapter 4: What strategies does Omar use for customer acquisition?

66.825 - 78.756 Nathan Latka

Many of you may know him, some of you may not, but his name is Omar Zenhom, and he's the co-founder of Webinar Ninja, a webinar platform and community that is dedicated to online business owners' success with webinars.

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78.736 - 98.567 Nathan Latka

Now, he and his partner, Nicole, utilize their over 15 years of education experience to training and guiding online business owners on how to teach, sell and communicate effectively with their audience using webinars. Webinar Ninja is a revolution is really revolutionizing the webinar world with its commitment to providing an easy to use and effective.

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98.547 - 128.554 Nathan Latka

software along with training resources that encourage transparent marketing strategies with webinars you should also know guys that Omar is the co-founder of the $100 MBA and host of an iTunes best of 20 well really it is that it was awarded the iTunes best of 2014 podcast and it's called the $100 MBA show now the show delivers daily 10-minute business lessons to over 50,000 daily listeners and was named by iTunes as the number one work smarter podcast by for 20

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128.534 - 154.204 Nathan Latka

15 Omar are you ready to take us to the top ready all right let's do this man so first things first I was shocked you know we get on I talked to you a little bit and the only impression I have you was your podcast intro where it's like hey oh this is the $100 MBA show and like you're bursting with energy then I get on and you're very you know well you know intentionally speaking calm collective what gives

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154.184 - 160.129 Omar Zenhom

Well, anybody who thinks that education is not a performance, then they're in the wrong business.

Chapter 5: What metrics are important for SaaS businesses like Webinar Ninja?

160.269 - 168.936 Omar Zenhom

So yeah, I mean, you have to keep it entertaining. You got to keep it lively. You also got to keep the energy up. No one wants to come to learn in a boring environment.

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169.217 - 177.023 Nathan Latka

Yep. No, you're absolutely right. So I want to get right into one of these categories fast. So here's my question. You've got Webinar Ninja. You've got the podcast.

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Chapter 6: How does Omar manage sponsorship deals for his podcast?

177.223 - 190.068 Nathan Latka

I think you probably did an event for Webinar Ninja as well. Which one of these is generating the most revenue for you? And that's where we'll focus. Right now, I would say Webinar Ninja is probably our biggest revenue maker. Okay, great.

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Chapter 7: What challenges has Webinar Ninja faced in its growth?

190.288 - 210.865 Nathan Latka

So let's focus on that. Let me just quickly, though, because we had Alex Bloomberg on back in a past episode where he kind of articulated how he's landing Ford and some of these big guys for his Gimlet shows, which I'm sure you're familiar with. That was episode 164 at NathanLatka.com forward slash the top 164. But just give us real quick some rapid-fire questions.

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211.206 - 218.185 Nathan Latka

You're over 600 or 500 episodes, right, for the $100 NBA show? Yeah, like 555 now. Wow.

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Chapter 8: What is Omar's philosophy on funding and growth?

218.206 - 237.79 Nathan Latka

Dude, congratulations. That's intense. What year did you launch it in? 2014, so August of 2014. Okay, got it. And obviously it's daily show, so 365 times two, you'll be approaching two years here before you know it, right? Yep. Okay, cool. And you're, again, it's a daily show. We mentioned in the intro, you're getting about 50,000 downloads per day.

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237.83 - 245.582 Nathan Latka

So it's actually, I mean, this has to be one of the top, maybe 1% shows in terms of number of downloads. Do you know if that's accurately false? I mean, true?

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246.187 - 268.301 Omar Zenhom

Um, I don't know everybody else's numbers, but I just, uh, yeah, I mean, I, I know that, um, I did a little research myself cause I wrote an article about, um, the truth about getting sponsorships for podcasts and, uh, and you know, you're, you're about right. About 1%, maybe around 1.5% of podcasts out there are able to take on sponsors because. because of our numbers.

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268.401 - 278.301 Omar Zenhom

You have to have a certain number of downloads and obviously an audience to listen to. Not to say that if you have a small audience, you can't get sponsorship, but in terms of making it an actual revenue stream.

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278.782 - 283.011 Nathan Latka

Is this the one you wrote back in May, what you really need to know about getting sponsorships for your podcast?

283.345 - 283.605 Omar Zenhom

Yeah.

283.846 - 301.137 Nathan Latka

Okay, great. Yep. Top trap. We will link to that in the show notes. Okay. For Omar's show here at NathanLacka.com forward slash the top two, five, two. And I know back in that May article, I'm going from memory here, but I think you said something like some of the podcasts make north of 30,000 per month in sponsorship revenue.

301.859 - 306.126 Nathan Latka

How many sponsors are you currently working with and what are you doing per month just on the show before we transition to Webinar Ninja?

306.367 - 306.467

Yeah.

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