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SaaS Interviews with CEOs, Startups, Founders

This CEO Does $20m/year Selling Software to Chiropractic Offices

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 15 February 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

Launched in 2016, CEO Matt Prados got rich off dividends and profits. He's bootstrapped to $20m in revenue with plans to hit $32m in 2024. Can he do it? His outbound call center strategy might get him there. 

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.

0:13.5

If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews, and if you want to sort through them quickly by revenue or churn, cac, valuation, or other metrics, the easiest way to do that is to go to gitlatka.com and use our filtering tool.

0:30.0

It's like a big Excel sheet for all of these podcast interviews. Check it out right now at gitlatka.com.

0:38.6

Guys, reviewwave.com launched pre-2018, hit a million bucks of revenue that year before

0:43.3

growing to 10 million in 2022. This month, Matt, just shared on the show breaking 20 million

0:48.0

bucks in revenue with the goal to get up to call it 29, 30 million this year, which would be

0:51.6

doubling year over a year. They cut down their profits last

0:55.0

year to invest in team and growth. And now that those investments have been made, they're hoping

0:59.1

this year is explosive for them. He's also made a small all-stock acquisition, called almost

1:04.1

6,000 customers today paying on average, call it $3,000,000, $4,000 per year, really going deep

1:10.3

specifically in sort of

1:11.4

the patient world, right? So orthopedics, chiropractics, these sorts of spaces as they look

1:16.6

to continue to scale. Hey, folks, my guest today is Matt Pradoes. He's building a company called

1:20.9

ReviewWave.com SaaS for the healthcare industry. Matt, are you ready to take us to the top?

1:28.2

That's rock and roll.

1:29.4

All right.

1:30.1

I actually, you just heard me hesitate when I read that intro.

1:32.6

Did you, did you, you pivoted a bit to go directly to health care, huh?

1:35.7

You didn't use that, you didn't call that niche out as aggressively two years ago.

1:40.8

No, we were very medical two years ago.

1:43.8

When we did start, we kind of really broad and basically tried to work with anybody and everybody, but that's just not the way to go.

1:50.7

Okay.

...

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