19 min listen
EP 361: 61 Customers $700k In Revenue, The Ultimate Sales Training Tool with Sam Caucci
EP 361: 61 Customers $700k In Revenue, The Ultimate Sales Training Tool with Sam Caucci
ratings:
Length:
20 minutes
Released:
Jul 20, 2016
Format:
Podcast episode
Description
Sam Caucci, founder of Sales Huddle, a training and development team using gaming technology to help organizations better prepare their people for the workforce. With work delivered across North America, Europe, and Asia, Sales Huddle has impacted people across organizations in a wide array of sectors and clients, that include professional sports teams, politics and government, hospitality, retail, colleges, and many more. They’re applying an innovative approach to people preparing for the workforce, and Sam is over the creation of the training game platform. It is the first game-based platform that transforms the way an organization on-boards, trains, and develops team members. Famous Five: Favorite Book? – Emotional Intelligence What CEO do you follow? — Someone who’s not living right now Favorite online tool? — Rapportive and Mixmax Do you get 8 hours of sleep?—No If you could let your 20-year-old self know one thing, what would it be? — Not to think I knew everything. Time Stamped Show Notes: 01:09 – Nathan’s introduction 01:55 – Training that isn’t boring 02:50 – Money is made from a license fee 03:22 – Company was founded in 2010 3:55 – It went from consulting to a product 4:15 – First year’s revenue was $250000 4:45 – They are self-funded 5:15 – Total customers is 61 5:45 – Learning-based vs. game-based competition 6:35 – The product requests annual pay 7:05 – Pay is upfront 07:30 – Average pay per year is $15000 per customer 07:55 – 100% retention and why 10:05 – Customer acquisition costs 11:00 – They have just started raising capital 11:50 – How to get more people and scale the business 13:20 – How much money they want to raise 13:40 – Team is six people 14:00 – Saleshuddlegroup.com, Twitter - @saleshuddle or @samcaucci 16:10 – The Famous Five 3 Key Points: Businesses and progress run off of incentives. Consider the most efficient and cost-effective way to provide your service. Learning and training systems shouldn’t be boring. Resources Mentioned: Freshbooks - The site Nathan uses to manage his invoices and accounts. Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible. Rapportive and Mixmax – Sam’s favorite online tools for organization and productivity Sales Huddle – A training program that uses gaming technology Show Notes provided by Mallard Creatives
Released:
Jul 20, 2016
Format:
Podcast episode
Titles in the series (100)
EP 88: How a NYC Piano Street Performer Makes $100k/ Year: 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