1433 Can You Run 2 $1.5m ARR Companies At Same Time?
Michael Kamleitner is the CEO of Walls.io (https://walls.io/)
\U0001f552 Time Stamped Show Notes:
00:00 \u2013 Nathan's introduction to today's show
0:40 \u2013 How he runs two companies of roughly the same size
1:00 \u2013 Why they've built Walls.io as a social media marketing tool
1:45 \u2013 How the average customer pays around $225 today
2:20 \u2013 Why they launched the company in 2014 and bootstrapped thus far
2:40 \u2013 How 500 customers are using their product today
3:50 \u2013 Why they are doing around $110k in MRR
4:05 \u2013 How they've grown 70% from around $70k in MRR twelve months ago
4:45 \u2013 Why churn is naturally high
6:55 \u2013 How he made the decision to run two companies in parallel
8:55 \u2013 Why their other product is an enterprise social media scheduling tool
9:15 \u2013 "Would you sell for $3M today?"
9:45 \u2013 How he is interested in spliting the company and raising capital
10:25 \u2013 Why they are having success in content marketing and paid advertising
11:45 \u2013 How they are paying around 100 euros to land a new customer
12:20 \u2013 Why they aren't spending more money on paid acquisition
12:55 \u2013 How their team is headquartered in Vienna
13:30 \u2013 The Famous Five