He's now going all in his latest venture called Shopper Approved.

It is a ratings system essentially that allows people to leave good and bad ratings.

They get all of them tied into one.

Scaling quickly, almost sold it for $12 million back in 2013.

Thankfully, they did not.

It fell apart.

Companies launched in 2010, they're now 30 people in Utah bootstrapped, serving 7,000

customers paying on average 71 bucks a month.

So last month at about 500 grand in revenue, hoping to break 6 million in ARR by the end of this

year, only churning about 10% of their revenue annually, which is healthy, paying 400 bucks

to acquire these customers, getting paid back in the first four-month, healthy economics.

This is the top entrepreneurs podcast where founders share how they started their companies and got filthy rich or crash and burn.

Each episode features revenue numbers, customer counts, and other insider information that creates business news headlines.

We went from a couple of hundred thousand dollars to 2.7 million.

I had no money when I started the company.

It was $160 million, which is the size of any IPOs.

We're a bit strapped.

We have like 22,000 customers.

With over 5 million downloads in a very short amount of time,

major outlets like Inc are calling us the fastest growing business show on iTunes.

I'm your host, Nathan Latka, and here's today's episode.

Hello, everybody.

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