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SaaS Interviews with CEOs, Startups, Founders

EP 109: How BiggerPockets Grew to 10,000+ paying $9/mo with Joshua Dorkin

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 11 November 2015

⏱️ 21 minutes

🧾️ Download transcript

Summary

In this episode you learn how Josh Dorkin and his partner build a membership site around real estate. They have well over 10,000 paying customers paying a minimum of $9/mo (doing over $1.2m annually). 

  • 01:03 – Nathan’s introduction to today’s show
  • 01:38 – Welcoming Josh to the show
  • 01:50 – Why become a web designer before a realtor?
  • 03:12 – Josh started buying real estate at the age of 22
  • 05:45 – Building an organic community
  • 06:24 – You don’t need to know what you’re doing—just get started
  • 07:40 – Building something credible means requiring real names
  • 08:32 – The price-point to join bigger pockets
  • 09:05 – Bigger Pockets was built to get Josh answers he needed himself.
  • 10:58 – Give your users what they want
  • 12:29 – A summary of Josh’s stats
  • 13:50 – What do you do with the cash you make?—Real estate
  • 15:52 — @JRDorkin
  • 17:33 – Famous Five
    • 17:50 – Delivering Happiness
    • 18:20 – Tony Hseih
    • 18:33 – None
    • 18:55 – No
    • 19:24 – Being an entrepreneur is hard and lonely so start building your network early on

3 Key Points:

  1. Find creative ways to make money.
  2. Have cash?—Find a way to put it in real estate.
  3. Be credible to yourself and to others—it’s the easiest way to be successful.

 

Join The Top community at http://nathanlatka.com/thetop

Transcript

Click on a timestamp to play from that location

0:00.0

This is the top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base.

0:09.4

You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have.

0:16.1

I'm now at $20,000 per talk.

0:18.3

Five and six million.

0:19.3

He is hell bent on global domination. We just broke our $100,000 unit sold mark Five and six million. He is hell bent on global domination.

0:21.2

We just broke our 100,000 unit sole mark.

0:23.9

And I'm your host, Nathan Latka.

0:27.7

Okay, Top Tribe, every Monday I give one of you $100 to invest in your idea and get to the top.

0:34.0

To enter, for your chance to $100, bucks, simply subscribe to the podcast on iTunes right now

0:39.4

and then text the word Nathan to 3344 to prove that you did it. This week's winner was Matt

0:46.1

Walt in Chicago at the DDB agency. Coming up tomorrow morning, you guys will hear from

0:52.6

Anarag Agarwal. He gave up a $1 million Wall Street salary for nature.

1:02.6

Okay, Top Tribe, good morning.

1:04.4

I'm cuddled up here in the studio.

1:06.2

I'm drinking my green tea, and I'm excited for our guest today.

1:10.1

His name is Joshua Dorkin. He's an entrepreneur,

1:12.8

web designer, real estate investor, and one-time realtor. He founded and launched Bigger Pockets

1:18.8

after, and he was not satisfied by the online offerings of other real estate sites and

1:23.4

decided to build one himself. Josh's vision for bigger pockets has propelled it into becoming the top

1:28.7

real estate, or one of the top, real estate destinations online, and his vision for the site and

1:33.3

its future has brought so many people financial freedom. Josh, are you ready to take us to the top?

1:39.7

Let's do it, man. Let's do this. First off, big fan of bigger pockets. When I bought my first five

...

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