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SaaS Interviews with CEOs, Startups, Founders

He was doing $7k in MRR, now $200, here's how to shut down your SaaS

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Entrepreneurship, Business

4.6702 Ratings

🗓️ 21 December 2022

⏱️ 14 minutes

🧾️ Download transcript

Summary

Gamified Engagement Platform.

Transcript

Click on a timestamp to play from that location

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.

0:13.6

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

0:19.5

and if you want to sort through them quickly by

0:21.8

revenue or churn, cack, valuation, or other metrics, the easiest way to do that is to go to

0:27.4

gitlatka.com and use our filtering tool. It's like a big Excel sheet for all of these

0:31.9

podcast interviews. Check it out right now at gitlatka.com.

0:37.2

Lou Rabbit was a gamification platform doing $7,000 a month about two years ago.

0:41.5

COVID hit them hard.

0:42.5

They're now doing 200 bucks a month.

0:44.0

They do have some seasonality where they'll do about, you know, 5, 6, up to 10, 20,

0:47.4

30,000 bucks in revenue.

0:49.2

So they haven't shut it down yet, but he is working on a side project, which will launch

0:52.4

here shortly.

0:53.4

We'll see what happens.

1:00.5

Hey, folks. My guest today is Bernardo LaThive. He's an expert trainer and speaker with over 10 years in the gamification industry.

1:04.8

Formerly a teacher and web UX designer, he created Blue Rabbit to Gamify Education.

1:10.8

The award-winning platform has successfully gamified over 12,000 players in all continents and is currently being used to gamify corporate training programs, events, and schools. Bernardo, you ready to take us to the top?

1:15.1

Yeah, I'm sure. I am. All right. Give me the update. When we last spoke, you were serving 45

1:20.7

customers. That was in 2020. How many customers are you working with today? And how are they using you?

1:26.5

Well, unfortunately, we're buried down that path.

1:30.3

We lost a lot of business because of the pandemic.

1:33.0

So from the 45 we had, I'm pretty sure that we're really somewhere around 12 now.

...

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