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EP 382: Virtually Place Furniture In House, $900k Raised with Andrew of Pair3d.com

EP 382: Virtually Place Furniture In House, $900k Raised with Andrew of Pair3d.com

FromSaaS Interviews with CEOs, Startups, Founders


EP 382: Virtually Place Furniture In House, $900k Raised with Andrew of Pair3d.com

FromSaaS Interviews with CEOs, Startups, Founders

ratings:
Length:
19 minutes
Released:
Aug 10, 2016
Format:
Podcast episode

Description

Andrew Kemendo, founder of Pair. Andrew was in Guam as an Airforce Intelligence Officer when he came up with an augmented reality idea to try out furniture and materials without having to buy or ship anything. The Airforce needed to build new facilities, and Andrew thought his idea would save a lot of money and headache. Now his company Pair is used by several large manufacturers to help people find the right furniture for their homes. Famous Five: Favorite Book? – Crossing the Chasm What CEO do you follow? — Justin Kan Favorite online tool? — Slack Do you get 8 hours of sleep?—Never. If you could let your 20 year old self know one thing, what would it be? — Keep learning about paradigm shifting technologies. Time Stamped Show Notes: 01:13 – Nathan introduces Andrew 01:40 – Pair is a tool to try out home furnishings before you buy them 02:30 – Free for consumers 02:45 – Andrew’s experience in Guam and how he came up with Pair 03:45 – They started working with architects 04:10 – Launched fulltime in 2015 05:00 – Funding over $900k 05:20 – First-year revenue was $10000/month 06:20 – Pilots in big cities 06:30 – Monthy and up-front fees 07:15 – Revenue in 2016 07:50 – 15 manufacturers and over 2000 products 08:30 – Transition for the company 09:10 – Architects to home furnishers 10:20 – Larger adjustable market 10:40 – Projection for $1.5M 11:20 -- 20000 products placed each month by app users 12:15 – CPC and CPM 12:55 – Ability to scale 13:25 – Pair on Twitter and Facebook 13:45 -- @andrewkemendo on Twitter and andrewkdot on Snapchat 15:45 -- The Famous Five 3 Key Points: Embrace new technology to create a solution to a problem. Don’t be afraid to change your business model to help your business grow. Adjust your product to benefit a larger group of consumers. Resources Mentioned: Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible. Freshbooks - The site Nathan uses to manage his invoices and accounts. Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+ Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books. Slack – The online tool Andrew uses to stay organized at Pair Show Notes provided by Mallard Creatives
Released:
Aug 10, 2016
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