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SaaS Interviews with CEOs, Startups, Founders

EP 435: Consultant does BIG league $600k Last Year, Now Has Unique Model and Coffee with Brad Costanzo

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 1 October 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

Brad Costanzo, an entrepreneur, investor, and business consultant who built (and sold) two digital businesses. Today, Brad helps companies use proven marketing methods, innovative branding campaigns, and form strategic alliances to grow their revenue. He also hosts the “Bacon Wrapped Business” podcast on iTunes.

Famous Five:

  • Favorite Book? – One Simple Idea
  • What CEO do you follow? – N/A
  • Favorite online tool? — MindMeister and XMind
  • Do you get 8 hours of sleep?— “Typically 7”
  • If you could let your 20 year old self know one thing, what would it be? – “Don’t seek comfort, seek challenge.”

 

Time Stamped Show Notes:

  • 01:44 – Nathan introduces Brad to the show
  • 02:06 – Brad sold two digital businesses
    • 02:30 – Dating and relationship product, real estate product etc.
      • 03:10 – Fun bar tricks
      • 03:38 – Sold it for six figures
    • 04:05 – Pigtones.com
      • 04:23 – Sold it for less than $100,000
  • 04:36 – Brad now focuses on consulting, crowdfunding, and coffee
    • 04:50 – Equity crowdfunding
    • 05:08 – What he did after selling his businesses
  • 05:34 – Launched consulting firm in 2013
    • 05:40 – How the firm grew over time
    • 03:30 – Pricing
    • 06:05 – Average retainer
    • 06:22 – Total revenue in 2013
    • 07:15 – Total revenue in 2015
  • 07:34 – Revenue goal in 2016
  • 08:11 – Total price per deal
    • 08:38 – Equity product campaign
    • 09:00 – Where Brad base his consulting fee
  • 09:29 – Team size
    • 09:35 – Full-time
  • 09:51 – Number of unique customers in 2016
  • 10:10 – First equity crowdfunding campaign
  • 10:39 – Brad talks about his client who is from the real estate field
    • 11:23 – Reww.com
    • 11:45 – Different funnels
  • 12:54 – Brad likes 2-3 steps funnel
  • 13:08 – Magnified message
    • 13:30 – MVF funnel
  • 14:10 – Selling DVDs for real-estate market
  • 15:14 – Cost of driving a sale and the return
  • 15:26 – Brad’s coffee business with wife
    • 15:41 – StilettoCoffee.com
    • 16:14 – Coffee is a commodity
    • 16:32 – His wife’s idea of selling coffee to women
    • 17:35 – Build a brand using story-telling
    • 18:18 – Total sales as of the moment
    • 19:14 – Hillary Clinton coffee
  • 20:26 – Potential for an exit
  • 20:46 – Check StilettoCoffee.com and use the code BRADVIP on checkout to get a discount. Follow Brad on his website and podcast
  • 22:35 – Launch of Brad’s podcast
    • 22:55 – Total downloads
  • 23:50 - The Famous Five

 

3 Key Points:

  • Listen and learn from the people that belong to your market.
  • You only get one shot in life—make sure your aim is true.
  • Keep things simple.

 

Resources Mentioned:

  • Toptal – Nathan found his development team using Toptal  for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to quality of Toptal  developers.
  • Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
  • Freshbooks – The site Nathan uses to manage his invoices and accounts.
  • Leadpages  – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
  • Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
  • StilettoCoffee.com – Brad and his wife’s coffee business
  • Costanzomarketing.com – Brad’s website
  • BaconWrappedBusiness.com – Brad’s podcast channel
  • Show Notes provided by Mallard Creatives

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.

0:09.0

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

0:16.0

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

0:18.0

Five and six million.

0:19.0

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

0:21.2

We just broke our 100,000 unit soul mark.

0:23.9

And I'm your host, Nathan Latka.

0:27.9

Okay, Top Tribe, this week's winner of the $100 is Rich Jones.

0:32.6

Okay, Rich Jones.

0:33.4

He is stuck in corporate.

0:34.6

He wants to break free.

0:35.6

He's binging on the show.

0:36.8

For your chance to win 100 bucks every Monday morning,

0:40.2

simply subscribe to the podcast right now on iTunes

0:42.9

and then text the word, Nathan, to 3344 to prove that you did it.

0:49.7

Folks, many of you heard I made a big league acquisition of a business.

0:53.3

Nathanlaka.com forward slash send later is the name of the business.

0:57.4

And I didn't want to give up equity to a developer because I'm a business guy.

1:00.6

So what I did is I used a website to find a guy named Hee Shaming.

1:05.3

I paid He over $12,000 to help me build Send Later.

1:09.7

And the site that I am using now is called top

1:12.1

dole at nathanlaka dot com forward slash t o p t a l i will build send later and do a big business

...

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