Guys, have fun now. It gets harder as you get older. Coming from Miles launched the company,

Bright Local in 2009. Now, 120 people all around the world, again, helping these folks,

specifically sales and marketing folks where there's physical locations all around the world.

3,500 customers using the platform, they're bootstrapped. They've used their own money to grow it.

June 2017, doing about 275 grand and pure SaaS revenue they have a service component on top of that but

275k pure SaaS about 50% year over year growth they're now doing about 350 grand a year sorry a month

and SaaS revenue these customers paying on average 100 bucks per month 2% gross logo churn per

month which is really impressive considering the ARPU and the SMB space spending about 150 bucks to

acquire these customers

for a two-month payback and a $1,000 lifetime value.

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 hundred thousand dollars to two point seven 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, everyone. My guest today is Miles Anderson. He's the founder and CEO of a company

called Bright Local. He's worked in the local search industry since 2009 and has been a

...