Published: Nov. 18, 2017, 10 a.m.
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Roy Mann. He\\u2019s a career entrepreneur, artist and 3D printing enthusiast. His experience is in the field of product development and marketing and before co-founding dapulse, Roy was part of Wix\\u2019s senior management team, which is a big, runway success. Prior to joining Wix, he founded the online social game, Save an Alien.
Famous Five:
- Favorite Book? \\u2013 The Hard Thing About Hard Things
- What CEO do you follow? \\u2013 Avishai Abrahami
- Favorite online tool? \\u2014 FullStory
- How many hours of sleep do you get?\\u2014 7-8
- If you could let your 20-year old self, know one thing, what would it be? \\u2013 \\u201cWhatever you learn, you learn\\u2014and in the end, we all die\\u201d
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Time Stamped Show Notes:
- 01:50 \\u2013 Nathan introduces Roy to the show
- 02:27 \\u2013 dapulse is a tool for managing operations for teams
- 02:38 \\u2013 dapulse is a SaaS product
- 02:40 \\u2013 dapulse has a free trial of 14 days
- 02:52 \\u2013 ACV
- 04:00 \\u2013 Roy was in Episode 404 of The Top
- 04:06 \\u2013 Team size is 70
- 04:14 \\u2013 1/3 is in engineering and they\\u2019re expecting to grow to 100 this year
- 04:40 \\u2013 Most of the team are in Israel and some are in the USA
- 05:00 \\u2013 dapulse currently has 15K customers
- 05:15 \\u2013 dapulse raised $25M at the start of 2017
- 05:34 \\u2013 They\\u2019ve raised a total of $34M
- 06:13 \\u2013 MRR is over $1M and $13M ARR
- 06:33 \\u2013 dapulse is a B2B company, but their approach is like a B2C
- 07:06 \\u2013 dapulse aims at individuals who will potentially purchase the product for their team
- 07:16 \\u2013 dapulse has spent $1.5M just last month on online ads
- 07:45 \\u2013 CAC
- 08:24 \\u2013 Payback period
- 09:37 \\u2013 dapulse\\u2019s campaign can attract a high number of customers
- 10:27 \\u2013 Roy wants to build a product that fits everyone
- 10:42 \\u2013 dapulse has a negative net revenue churn
- 11:18 \\u2013 Monthly logo churn is between 1.5% to 2%
- 12:13 \\u2013 Churn is calculated on the top line
- 13:48 \\u2013 dapulse has -.05 net revenue churn
- 14:20 \\u2013 dapulse sells to large companies through their Instagram ads
- 15:40 \\u2013 dapulse doesn\\u2019t give an incentive for those who post about their user experience
- 16:47 \\u2013 2017 ARR goal is $17M
- 17:21 \\u2013 December 2016 ARR is $6.5M
- 18:10 \\u2013 The Famous Five
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3 Key Points:
- A B2C approach can still get you customers, even if you\\u2019re B2B company.
- If people gain value from your product and enjoy it, they will share about it.
- We all make mistakes, just make sure you learn and move on.
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Resources Mentioned:
- Simplero \\u2013 The easiest way to launch your own membership course like the big influencers do but at 1/10th the cost.
- The Top Inbox \\u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
- GetLatka - Database of all B2B SaaS companies who have been on my show including their revenue, CAC, churn, ARPU and more
- Klipfolio \\u2013 Track your business performance across all departments for FREE
- Hotjar \\u2013 Nathan uses Hotjar to track what you\\u2019re doing on this site. He gets a video of each user visit like where they clicked and scrolled to make the site a better experience
- Acuity Scheduling \\u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
- Host Gator\\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible
- Audible\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books
- Show Notes provided by Mallard Creatives
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