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SaaS Interviews with CEOs, Startups, Founders

888 SaaS: How To break $480k MRR by Focusing on 1 Vertical

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 29 December 2017

⏱️ 27 minutes

🧾️ Download transcript

Summary

Unite and automate all the moving parts of your business so that you can do the work you love from one smart platfrom.

Transcript

Click on a timestamp to play from that location

0:00.0

Good morning, everybody. I wanted to just quickly remind you if you love B-2-B SaaS and you're loving all these CEOs I have on, remember, you can get all of their data in a big, beautiful spreadsheet at gitlatka.com. That's G-E-T-L-A-T-K-A dot com. So I hope you're enjoying the month. I love December. I love the holidays. And here is our

0:22.4

program for today. This is the top entrepreneurs podcast where founders share how they started

0:30.1

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.

0:45.3

We went from a couple hundred thousand dollars to two point seven million.

0:48.3

I had no money when I started the company.

0:50.3

It was a hundred and sixty million dollars, which is the size of any IPOs. We're a bit strapped. We have like 22,000 customers.

0:58.8

With over 5 million downloads in a very short amount of time, major outlets like Inc are calling

1:04.8

us the fastest growing business show on iTunes. I'm your host, Nathan Latka, and here's

1:10.7

today's episode.

1:13.1

Hello, everyone. My guest today is Jeff McQueen. He is an Aussie that now finds himself in San

1:18.2

Francisco due to his company called Excello, which he launched about almost nine years ago.

1:23.8

We're going to jump into the full story today. Jeff, are you ready to take us to the top?

1:26.9

Yeah, let's go. Good. All right. So tell us what Excelo does and what's your business model.

1:30.5

How do you make money? Yeah, no, great question. So Excelo is a platform for running the operations of a

1:35.5

service business or team. So imagine you're an architect, accountant, designer, engineer, consultant,

1:39.9

somebody who who runs that kind of a service business for other customers.

1:44.8

And you've got the fundamental problem that you keep having to do more.

1:49.7

Technology speeds up the way the business runs, but you're actually often having to use technology that's really out of date, like spreadsheets and a litany of things that don't talk to each other.

1:58.5

And so what Excelo does is we use the cloud and smart automation to actually make it

2:02.8

a lot easier to run that operation, to know fundamentally what happened today.

2:06.9

So you've got a hope of knowing what's happening in the future.

2:09.2

We started it together about six years ago.

...

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