4.6 • 683 Ratings
🗓️ 9 March 2020
⏱️ 14 minutes
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Andres is the CEO and Founder of iKizmet that delivers business analytics and insights to boutique fitness studio owners.
With over 500,000 business in the fitness and wellness space iKizmet is making valuable data analysis tools affordable for small business owners to help them make data driven decisions faster without the complexity while helping to grow their businesses. Andres has been in the fitness and wellness space for over 15 years and was a founding member at MINDBODY helping build a world class sales and business development organization.
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0:00.0 | Early 2014 branch on his own launched like Kismet in 2015 full time. |
0:03.8 | Now a thousand locations using them $99 a month doing about $100 grand per month in revenue. |
0:07.8 | Up from $60,000 a month just 12 months ago. |
0:10.0 | There are burning a little bit of capital as they look towards working towards profitability. |
0:13.3 | They raised $1.4 million, nine people between California and remote locations, turning about 12% of their logos per year. |
0:19.8 | Again, spending up to four or five |
0:21.0 | months of lifetime value on customer acquisitions. So 500 bucks on a $99 a month plan as they look to |
0:26.8 | scale. Again, helping these studios visualize their data. Hello, everybody. My guest today is |
0:32.4 | Andres Moran. He's the CEO and founder by Kismet, which delivers business analytics and |
0:36.6 | insights to boutique fitness studio owners. With over 500,000 businesses in the CEO and founder of I Kismet, which delivers business analytics and insights to boutique |
0:37.5 | fitness studio owners. With over 500,000 businesses in the fitness and wellness space, the company's |
0:42.4 | making valuable data analysis tools affordable for small business owners to help them make |
0:46.3 | data-driven decisions faster without the complexity while helping to grow their business. |
0:51.3 | Anders has been in the fitness and wellness space for over 15 years and was a |
0:54.3 | founding member of MindBody helping go to a world-class sales and business development organization. |
0:58.8 | Andres, are you ready to take us to the top? Yeah, absolutely. I have to ask you first. I mean, |
1:02.6 | MindBody was a rocket ship. Why'd you leave? There was really no reason except getting that |
1:08.5 | the entrepreneur bug. When I started on MindB, there was five of us. And one of the |
1:14.3 | things that really attracted me to my body was that entrepreneur spirit. And so after a decade of |
1:21.1 | being at my body, I saw an opportunity. I wanted to serve the same space and the people that were in it. |
1:27.3 | And I wanted to start that rocket ship again. |
1:30.3 | That's great. So you left after a decade. What year would that have been? When did you leave? |
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