4.6 • 683 Ratings
🗓️ 6 August 2018
⏱️ 20 minutes
🧾️ Download transcript
Orrin is a serial entrepreneur passionate about applying technology to helping salespeople be more successful and engaged with their customers. His current role leading Modus, a B2B sales enablement company, builds on his professional history in sales leadership, learning, and recruiting software. He describes himself as collaborative, focused, and driven.
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0:00.0 | Relax. Believe in yourself. He launched the company back in 2015, sorry, yeah, 2015, |
0:06.2 | raised capital around the same time as they've scaled. Again, focused on helping you |
0:11.4 | jump in, analyze the data, especially on the sales side of things. They've got multiple |
0:15.6 | different business models. We talked mainly today about the Peerplay SaaS one, which has |
0:19.6 | super healthy economics. |
0:26.8 | They're serving over 130 logos, over 80,000 seats at 35 bucks to seats. Just that stream north of 2.8 million a month. Growing over 40% year over year, less than 10% logo churn annually with their |
0:32.0 | team of 24 folks out there in Minneapolis. This is the top entrepreneurs podcast where founders share how they started their |
0:41.9 | companies and got filthy rich or crash and burn. |
0:47.5 | Each episode features revenue numbers, customer counts, and other insider information |
0:53.4 | that creates business news headlines. |
0:57.0 | We went from a couple of hundred thousand dollars to $2.7 million. |
1:00.0 | I had no money when I started the company. |
1:02.0 | It was $160 million, which is the size of any IPOs. |
1:05.0 | We're a bit strapped. |
1:06.0 | We have like 22,000 customers. |
1:10.0 | With over 5 million downloads in a very short amount of time, |
1:14.6 | major outlets like Inc are calling us the fastest growing business show on iTunes. I'm your host, |
1:20.7 | Nathan Latka, and here's today's episode. Hello everyone. My guest today is Orrin Broberg, |
1:26.7 | and he's a serial entrepreneur passionate about applying technology to helping sales people be more successful and engaged with their customers. His current role leading modus, a B2B sales enablement technology, builds on his professional history and sales leadership, learning and recruiting software. He describes himself as collaborative, focused, and driven. Orrin, |
1:45.3 | are you ready to take us to the top? Of course. All right. So quickly, a distinction is |
1:50.8 | is modus your baby, you're the founder or you are brought in as the CEO? I'm a co-founder. |
1:56.8 | Okay, good. You're co-founder. When did the company launch? Well, the company launched officially in July of 2013, although the product, our core product app data room, started within a media production house a couple years before that. |
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