He's spending $40k on MVP then plans to hire 50 sales reps commission only per month. Will it work?
SaaS Interviews with CEOs, Startups, Founders
Nathan Latka
4.6 • 702 Ratings
🗓️ 9 December 2022
⏱️ 16 minutes
🧾️ Download transcript
Summary
We are a team of 8 developers who are developing a CRM for shop owners.
Transcript
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| 0:00.0 | You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom. |
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| 0:30.1 | It's like a big Excel sheet for all of these podcast interviews. Check it out right now at gitlatka.com. |
| 0:37.1 | Guys, softsolutionslimited.com, and they're building a tool to help any local business, |
| 0:42.1 | text message market, to get their customers back faster. |
| 0:44.9 | He learned this problem firsthand through via his wife's dental practice. |
| 0:47.9 | He spent 40,000 bucks so far on the MVP. |
| 0:51.3 | He wants to go and sell this all in India using 100% commission model on sales reps. |
| 0:55.5 | He hopes to bring on 50 new sales reps per month. Again, 100% commission model. He's launching early |
| 1:00.2 | next year. We'll see what happens. Hey, folks, my guest today is Ankit Nagpaw. He's a software |
| 1:05.1 | engineer who's developing a new SaaS software for shop owners called soft solutions limited.com. |
| 1:11.0 | Anki, you ready to take us to the top? |
| 1:13.2 | Yeah. |
| 1:14.0 | All right. |
| 1:14.4 | So tell me why you want to get into this space, SaaS software for shop owners. |
| 1:18.9 | Okay, yeah. |
| 1:19.9 | So let me tell you a bit about myself. |
| 1:23.8 | So I own a business in which we have around 5,000 customers and I felt a need |
| 1:31.3 | that we need a software in which I should be able to communicate with my customers regularly |
| 1:38.7 | it can be holiday events it can be reminders it can be holiday events. It can be reminders. |
| 1:52.7 | It can be some promotional messages for the customers and through WhatsApp or Facebook or other messaging platforms. |
... |
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