21 min listen
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
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)
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky: Nathan Latka brings you top entrepreneurs daily inspired by Tim Ferriss, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, NPR, HBR, the StartUp podcast, Art of Charm, Dave Ramsey, Planet Money, APM Marketplace, Mixergy, Seth Godin, #AskGaryVe by SaaS Interviews with CEOs, Startups, Founders