4.6 β’ 683 Ratings
ποΈ 17 June 2019
β±οΈ 15 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Alexander Hoogewijs is the CEO of SiteManager (https://www.sitemanager.io/)
π Time Stamped Show Notes:
00:00 β Nathan's introduction to today's show
0:40 β Why SiteManager has found a niche serving freelance web designers and small agencies
1:40 β How the typical customer pays them $105 each month
2:35 β How they serve 138 customers with 350 total users
3:10 β Why SiteManager is doing $14k in MRR right now
3:30 β How they are landing customers via outbound sales
4:20 β Why most of their team is based in Belgium and remote
4:45 β How their gross monthly revenue churn is around 1% today
5:30 β Why they raised more than $850k in outside funding
7:20 β How they are shooting for $60k in MRR within the next year
8:00 β Why they are paying $1,400 in CAC today
8:55 β Why they are spending most of their cash on their sales teams and onboarding
9:30 β The Famous Five
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0:00.0 | My new book, How to Be a Capitalist, without any capital is out. You can get it at |
0:04.9 | Capitalistbook.com. Here's what Nicholas said on March 6th on Amazon. Incredibly incisive, |
0:11.2 | useful, and sensible. The author is not greedy and is in fact extremely generous and does |
0:15.8 | not hold back on the knowledge he imparts. I've barely made it halfway to the book, |
0:19.8 | and I'm already gushing over the book |
0:21.4 | because it's an absolute gem. |
0:23.1 | Nathan gets to the point, quick, shows proof, |
0:25.4 | and best of all, |
0:26.3 | shows you not just what to do, |
0:27.4 | but how to do it in explicit detail. |
0:29.7 | To say the book is actionable, |
0:31.2 | is an understatement. |
0:32.8 | Now, you guys, I listen to the podcast, |
0:34.1 | know I'm detail-oriented, so that review might not surprise you, but I hope you |
0:37.5 | grab the book. It's now a Wall Street Journal, instant national bestseller. Grab it at capitalist |
0:42.7 | book.com. Audible version is available, too. Went in and out of corporate and then into his own |
0:49.6 | web design services, and finally said, I'm going to move from this project-based stuff to a real |
0:53.7 | software play. That's when he launched site manager.io and called it mid-2017. They now have about |
0:59.8 | 138 customers paying about 100 bucks a month, so about 14 grand a month in U.S. dollars and revenue |
1:05.3 | wants to scale that to 50 grand a month before raising more capital. They currently have 850,000 |
1:10.0 | secure. That's a combination of |
1:11.7 | government, private equity, loans, things like that. They haven't used much of that yet, though. |
... |
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