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SaaS Interviews with CEOs, Startups, Founders

$225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores.

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 12 August 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

Help retailers automate their financing.

Transcript

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0:00.0

MRR is up to 45.

0:02.5

45K.

0:02.8

Oh, 45, just on SaaS.

0:04.6

Just on SaaS, yeah.

0:05.7

So last time we were at 18, and so now we're at 45, so we're up about 150%.

0:11.9

You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.

0:23.4

If you'd like to subscribe, go to gitlatka.com. We've published thousands of these interviews,

0:29.7

and if you want to sort through them quickly by revenue or churn, cack, valuation, or other

0:34.7

metrics, the easiest way to do that is to go to gitlatka.com and use our filtering tool.

0:39.8

It's like a big Excel sheet for all of these podcast interviews.

0:42.9

Check it out right now at getlatka.com.

0:47.5

Hey, folks. My guest today is Brad Parker. He helps retailers automate their financing via his company, Formpiper.com. He's your 20-year veteran in

0:55.2

the pet retail space. Now, again, helping those retailers identify the proper SaaS products to grow

0:59.9

their business. Brad, you ready to take us at the top? Let's do it. Just be clear, this could be like

1:04.1

someone in Kentucky that runs a little miniature shop that sells fish, for example. And what do you mean when you say help them

1:12.4

find the right software to automate their business? Well, we start with the financing aspect of

1:17.7

Formpiper. So if you're a retailer selling high ticket items, typically you'll have more than one

1:22.5

finance option you use to present options to your customers. So we streamline that application process.

1:29.3

And since we've last talked, we've kind of turned it into a retail management software

1:33.3

where they're going to be able to aggregate their data and look to see which lenders are providing

1:38.3

them with the most revenue, which employees are running the most apps, who has the best

1:42.3

approval rate, who has the best close ratio. So you can actually turn the financing aspect of your business into a division

...

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