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SaaS Interviews with CEOs, Startups, Founders

1533 How Greenrope CRM Bootstrapped to $2.7M in ARR

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 5 October 2019

⏱️ 19 minutes

🧾️ Download transcript

Summary

I started in the Internet Marketing space in 2000, when I co-founded one of the world's first email service providers, CoolerEmail. As a pioneer in responsible email marketing, we grew CoolerEmail into a global software company specializing in marketing communication with over 1,500 clients. In 2010, after spending several years designing and implementing a more comprehensive way to meet the needs of small and mid-sized businesses, I launched GreenRope, a cloud-based platform that simplifies and consolidates a company's sales, marketing, and operations. GreenRope currently provides technology solutions to over 3,000 companies worldwide.

Transcript

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0:00.0

launched in 2010 green rope CRM marketing automation with some other tools like LMS is built in

0:05.0

around it team of 22 people bootstrapped which I love serving about 3,000 customers mainly via

0:09.8

a reseller channel those resellers typically charge 250 bucks a month he's keeping anywhere

0:13.7

between 30 and 50% so call it minimum 75 bucks per month per customer doing about north of 225 grand

0:19.6

per month today that's about 20% year

0:21.7

every year healthy uh healthy growth economics really healthy to less than 1% logo churn per month

0:26.7

it's sticky once it's fully integrated when they do spend directly to acquire a customer

0:30.2

they'll spend maybe 800 bucks to get 250 bucks a month in revenue so call it a four to five month

0:34.5

payback period team is totally totally remote. Hello, everyone.

0:37.6

My guest today is Lars Helgeson.

0:39.7

He started in the internet marketing space in 2000 when he co-found one of the

0:43.1

world's first email service providers, cooler email.

0:46.0

As a pioneer in responsible email marketing, he grew that company into a global software

0:49.1

company specializing in marketing communication with over 1,500 clients.

0:52.9

In 2010, after spending several years designing and implementing a more comprehensive way

0:56.5

to meet the needs of small and mid-sized businesses, he founded Green Rope, a cloud-based platform

1:01.2

that simplifies and consolidates the company's sales, marketing, and operations.

1:05.1

The company currently provides tech solutions to over 3,000 companies worldwide.

1:09.5

Largely, ready to take us to the top?

1:11.6

Absolutely.

1:12.3

All right.

1:12.7

So just to be clear, green rope, it's not a consulting company.

...

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