4.6 • 683 Ratings
🗓️ 6 October 2018
⏱️ 19 minutes
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Will Fraser is CEO and co-founder of SaaSquatch. He studied electrical engineering and business before starting his first company. Since becoming an entrepreneur he has worked with some of the world's largest companies to help them build digital growth channels that have touched many millions of people around the globe.
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0:00.0 | It can take longer than you think. Have fun on the ride from the founder of Saskwatch. |
0:03.9 | Founded back in 2013, got their first five clients in the first week or so selling on a CPA basis. |
0:08.8 | People would pay them 40 bucks per new closed customer or about one of the first month's revenue. |
0:13.5 | They'd get to keep. Realize that was really, really tricky. So pivoted to a SaaS model. |
0:17.1 | He's now got almost 100, well, over 100 customers paying about 900 bucks a month, |
0:21.2 | doing about 90 grand per month in revenue. That's doubling year over a year. 12 months ago, |
0:24.8 | they were only at 45K,000, hoping to grow to about 150, 160K by December of 2018. He's got net |
0:30.2 | negative revenue churn of negative 2% spending 5,400 bucks to acquire a customer gets paid back |
0:35.1 | there in about nine months with his team of 15 based |
0:38.2 | up there in Victoria, Canada. Again, helping and understanding how to make referral work at scale |
0:43.1 | with his company, Sasquatch. This is the top entrepreneurs podcast where founders share how they |
0:50.4 | started their companies and got filthy rich or crash and burn. |
0:56.8 | Each episode features revenue numbers, customer counts, and other insider information |
1:02.5 | that creates business news headlines. |
1:06.1 | We went from a couple of hundred thousand dollars to $2.7 million. |
1:09.3 | I had no money when I started the company. was a hundred and sixty million dollars which is the size |
1:13.5 | of any IPOs we're a bit strapped we have like a twenty two thousand customers |
1:19.2 | with over five million downloads in a very short amount of time major outlets like |
1:24.7 | ink are calling us the fastest growing business show on iTunes. |
1:28.7 | I'm your host, Nathan Latka, and here's today's episode. |
1:33.2 | Hello, everyone. My guest today is Will Frazier. He's the CEO and co-founder of a company called |
1:38.0 | Sasquatch. He studied electrical engineering and business before starting his first company, |
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