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1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR

1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR

FromSaaS Interviews with CEOs, Startups, Founders


1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR

FromSaaS Interviews with CEOs, Startups, Founders

ratings:
Length:
17 minutes
Released:
Jun 19, 2019
Format:
Podcast episode

Description

Mickey Patton is President and CEO of Clear C2 (https://www.clearc2.com/) ? Time Stamped Show Notes: 00:00 – Nathan's introduction to today's show 0:30 – How they launched the company as an electronic rolodex 0:55 – Why they are built as a CRM for manufacturers 1:35 – How they average customer pays them $60 per seat monthly 2:20 – Why Mickey joined the company to launch the software division 3:00 – How they've scaled to 50 full-time employees 3:40 – Why they are working with 450 total customers today 4:30 – How they are serving around 100,00 total seats 5:20 – Why they put their sales teams on annual quotas 6:15 – How they exhibiting less than 10% gross logo churn annually 7:25 – Why they are transitioning to a more user-friendly model 8:55 – How they are paying around $10k to land a new customer right now 11:25 – How they are doing more than $3M in ARR 12:30 – Why they are growing 60% year over year 13:00 – Why they are past $5M in ARR 13:20 – The Famous Five
Released:
Jun 19, 2019
Format:
Podcast episode

Titles in the series (100)

Over 10M founders, CEO's, and investors have downloaded this 15 minute daily podcast from Nathan Latka. Each day Latka interviews a software (SaaS) CEO and gets them to share how they've grown (or not) so fast all backed by hard data points. To date, over 1000 CEO's have been interviewed that together do over $6b in revenue, have raised over $5b, and employ more than 180,000 employees. The magazine for CEO's: http://nathanlatka.com/magazine The Book for CEO's: http://nathanlatka.com/bookamazon