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SaaS Interviews with CEOs, Startups, Founders

How he used Twitter to hit $24,000 sales for new SaaS Tool

24 May 2022

Transcription

Chapter 1: What is the guest's current monthly recurring revenue?

0.031 - 2.116 Nathan Latka

Where are you at today in terms of monthly recurring revenue?

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2.757 - 12.538 Arno Belinga

Yeah, right now it's pretty new. It's been three months and a half, four months now. And we're about to break to 2,000 in monthly recurring revenue.

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15.185 - 27.642 Nathan Latka

You are listening to Conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom. If you'd like to subscribe, go to getlatka.com.

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28.122 - 50.733 Nathan Latka

We've published thousands of these interviews, and if you want to sort through them quickly by revenue or churn, CAC, valuation, or other metrics, the easiest way to do that is to go to getlatka.com and use our filtering tool. It's like a big Excel sheet for all of these podcast interviews. Check it out right now at getlatka.com. Hey folks, my guest today is Arno Belenga.

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50.753 - 63.25 Nathan Latka

He's the co-founder of Break Cold, a personalized sales outreach tool. He's documenting their journey from zero to 20K in MRR on Twitter, loves skateboarding, and is based in France, which we love. Arno, you ready to take us to the top?

64.031 - 65.453 Arno Belinga

Yeah. Thanks for having me, Nathan.

65.994 - 68.597 Nathan Latka

You bet. So is Break Cold your first SaaS company?

69.117 - 93.209 Arno Belinga

Yeah, it's actually our first SaaS company. Basically, with my co-founder, we met a year and a half ago during a hackathon in France. And at the time, I was a trainee lawyer. He was a developer. And I always had this drive for entrepreneurship. And I said, you know what? Let's put some savings and take a flat together after I finish my studies. And this is what we did eight months ago.

93.229 - 102.769 Arno Belinga

We took a flat outside of Paris. to do SaaS seven days a week. And after a few iterations, we ended up with Brackle, which is our first SaaS project, yeah.

Chapter 2: How did the guest and co-founder meet to start their SaaS journey?

233.211 - 239.22 Nathan Latka

I see. So I want to talk about doubling pricing, but before we do that, how did you get you the first five customers? Do you remember? Sure.

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239.639 - 264.783 Arno Belinga

Yeah, actually, I was starting to kind of build my personal brand on Twitter. And so I was building in public because it's a thing in Texas on Twitter. And this is how we got our first five paying customers. Like one week after releasing the MVP, we got our first MRR paying customers. And then the week after, we got other customers like that.

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264.964 - 269.528 Arno Belinga

So thanks to Twitter, I not called emails in the first place.

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269.508 - 273.355 Nathan Latka

How many Twitter followers did you have when you started?

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275.559 - 290.246 Arno Belinga

I started in mid-November. I had zero followers. Now I have almost 7K followers. When we started the SaaS, I had probably... 1000 followers. That's awesome.

290.687 - 304.213 Nathan Latka

I love that. I reached out to you because I saw your MRR update. And I said, I love people are always scared to call on the show when they're smaller. But the thing is, most of my audience is just starting their SaaS company. So they love stories like this. How do they get your first customer? So you start off with one price point.

304.874 - 308.02 Nathan Latka

How did you and when did you know that you needed to double the pricing?

308.776 - 332.067 Arno Belinga

Yeah, when I was on the calls with startups, tech startups or traditional SMBs, and they were like, man, why your pricing is so low? I don't understand. You showed me the product. It looks great. It works. You've done an incredible job in a short amount of time. Why is it so cheap? What's the trick?

332.047 - 351.627 Arno Belinga

And then some people were just, we had some paying customers that turned really quickly and they were cheap customers, I would say. And then we realized, you know what, let's try to double the price and see what happened. And then we had a better retention of customers and more quality customers. So what did you double the price from?

Chapter 3: What is Break Cold and how does it help with sales outreach?

351.708 - 369.286 Arno Belinga

From what to what? So initially it was $15 per month. Then it became $40 per month. And then we started to do two different plans. And then we doubled again, basically. But initially it was just $15 per month, then $30, and then $49 and $99.

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370.487 - 373.55 Nathan Latka

And so when are you going to have a $500 or $1,000 a month option?

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375.752 - 376.112 Arno Belinga

Per month?

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377.013 - 380.937 Nathan Latka

Yeah. I mean, you doubled once and it worked. Why not keep doubling? How do you know when to stop?

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381.44 - 407.751 Arno Belinga

Yeah, I think if we do that, it will be to reach out to more enterprises account or big startups. And yet we're not able maybe to sustain not a whole team, but maybe we don't have the integrations yet to go with Salesforce and CRM integrations, basically. Once we have that, we might try to experiment actually with this kind of companies and pricing. Arnaud, what's the team size today?

407.731 - 420.958 Arno Belinga

Just two people. So me, no technical background, just SEO, design, sales, marketing, and my co-founder started coding at like age 10. So yeah, just the two of us in the same flat.

421.72 - 423.263 Nathan Latka

Did you guys split equity 50-50?

424.085 - 425.007 Arno Belinga

Yeah. Yeah, we did.

425.528 - 427.191 Nathan Latka

Okay. And bootstrap so far?

Chapter 4: What pricing strategies has the guest implemented for their SaaS tool?

584.61 - 604.21 Nathan Latka

It just is not fun work. Nobody gets it. Nobody wants to do that work. This is where Flatfile comes in. Flatfile is the data onboarding platform built to take the acute pain out of importing customer data into your product. The nice thing is enterprises love this because Flatfile is SOC 2 Type 1 and 2 certified, GDR compliant.

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604.19 - 629.421 Nathan Latka

super easy to use so no more emailing files back and forth like csvs no more copying and pasting help articles that no one reads just clean data quickly so you can grow your sass company in fact click up bamboo hr and hubspot all use flat file it's one reason they're growing so quickly check out flat file today at nathanlaca.com forward slash flat file that's nathanlaca.com forward slash flat file

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631.375 - 635.867 Nathan Latka

And then what do you eat? Like, what do you typically eat in a day? And what do you spend on groceries? Would you say each month?

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636.438 - 660.914 Arno Belinga

Yeah, man, it's pretty basic. It's like pasta, a bit of meat, fish, fish and chips, stuff like that. But we still do like sometimes with my girlfriend when I see her, a few restaurants here and there. So I prefer to be really basic with food at home and to sometimes go to restaurants, etc. Still having a life, you know, a bit.

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660.934 - 662.756 Nathan Latka

What about breakfast? What did you have for breakfast today?

663.037 - 663.137

Yeah.

663.404 - 683.648 Arno Belinga

uh i i don't i don't i don't do breakfast um no breakfast wow okay coffee yeah since i was born i don't do breakfast no coffee so i don't do there's nothing Yeah. Yeah. Just nothing like water, water and eating like, um, random stuff like croissant, chocolate times, but normally I don't eat for breakfast, you know?

684.248 - 694.92 Nathan Latka

Interesting. Okay. Very cool. And then, um, okay. So boot, I love this story. Bootstrapped, uh, 53 customers so far. Now you've got your first couple of customers on Twitter. Are all your customers today still coming from Twitter or where are you getting them?

696.201 - 716.833 Arno Belinga

Uh, we had, I was doing lots of impressions per month on Twitter. And so we had loads of retrials, but they were just curious people. And so we realized that our target audience was not on Twitter, even though we managed to do a lot of impressions there. And so our acquisition channel right now are cold emails and

Chapter 5: How did the guest acquire their first customers?

835.039 - 838.165 Nathan Latka

Is that all? Or are you asking for something? What's the next step?

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838.617 - 850.392 Arno Belinga

Yeah, the next step would be, yeah, I'm happy to share tips and learnings with you about cold outreach. If you're doing it, let's talk. Just a quick CDA like that.

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850.913 - 853.756 Nathan Latka

I see. And when you send out 100 of those, how many of them typically respond?

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855.478 - 859.524 Arno Belinga

I would say 20%. Okay, so it's pretty high.

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859.944 - 870.264 Nathan Latka

Yeah. Yeah, 20% response rate. Interesting. Well, it sounds like you're milking that right now. We'll see how it turns out and hopefully come back on in 6-12 months. Give us an update or people can follow you on Twitter, which is great. What's your Twitter handle?

871.426 - 874.47 Arno Belinga

My Twitter handle is ArnoBelingaCX.

875.952 - 879.737 Nathan Latka

CX and last name is B-E-L-I-N-G-A BelingaCX.

880.438 - 881.619 Arno Belinga

Yeah, exactly.

881.639 - 890.627 Nathan Latka

Very cool. Okay. And first line of code, I know you officially launched four months ago, but when did you guys write the first line of code for this? Four months ago. Okay, it was four months ago.

Chapter 6: What role did Twitter play in the guest's customer acquisition strategy?

915.483 - 944.677 Arno Belinga

No, I think it was a really nice quick overview. Obviously, we're highly motivated to keep it bootstrapped for now. Many investors come to us and I just had a call like an hour before with a guy who made it to 1 billion in annual revenue. It was crazy. But yeah, I think We can still manage to bootstrap for now. And the goal for us with Matto is to make it this way.

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944.697 - 947.983 Arno Belinga

And yeah, that's pretty much about it for now.

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948.464 - 965.738 Nathan Latka

And I reached out cold to you on Twitter and invited you on. Why did you say yes? Yeah, just after a nice talk. Awesome. Well, listen, we're thrilled to have you on. I think you're familiar, obviously, with the brand as well as what I was trying to get at there. It would be very hard for me to convince folks to come on if you weren't familiar with the brand already.

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965.818 - 968.481 Nathan Latka

So we're excited to feature you as sort of a new bootstrap story.

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969.342 - 970.003 Unknown

Yeah, thanks.

970.444 - 973.908 Nathan Latka

Thanks a lot. All right. Arno, let's wrap up here with the famous five. Number one, favorite business book?

975.891 - 977.433 Unknown

Zero to One, Peter Thiel.

977.933 - 990.573 Nathan Latka

Number two, is there a CEO you're following or studying? The CEO of Vid.io, Sabah. Yeah, that's a great story there. Number three, what's your favorite online tool for building a break cold?

992.456 - 993.297 Unknown

Online tool, you said?

Chapter 7: What challenges did the guest face with their initial pricing?

1037.15 - 1053.428 Nathan Latka

Think of it almost like copy.ai to come up with copy plus a lemlist and then actually do the outreach. They're growing nicely, 53 customers, $2,000 in monthly recurring revenue. Just in a team of two, Arno and his developer CCO, they split equity 50-50 to start bootstrap to date. We'll see what happens next. Arno, thanks for taking us to the top.

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1054.15 - 1056.696 Arno Belinga

Yeah, thank you very much. See you soon. Bye.

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