EP 382: Virtually Place Furniture In House, $900k Raised with Andrew of Pair3d.com

Published: Aug. 10, 2016, 9 a.m.

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Andrew Kemendo, founder of Pair. Andrew was in Guam as an Airforce Intelligence Officer when he came up with an augmented reality idea to try out furniture and materials without having to buy or ship anything. The Airforce needed to build new facilities, and Andrew thought his idea would save a lot of money and headache. Now his company Pair is used by several large manufacturers to help people find the right furniture for their homes.


Famous Five:

Favorite Book? \\u2013 Crossing the Chasm
What CEO do you follow? \\u2014 Justin Kan
Favorite online tool? \\u2014 Slack
Do you get 8 hours of sleep?\\u2014Never.
If you could let your 20 year old self know one thing, what would it be? \\u2014 Keep learning about paradigm shifting technologies.

Time Stamped Show Notes:
01:13 \\u2013 Nathan introduces Andrew
01:40 \\u2013 Pair is a tool to try out home furnishings before you buy them
02:30 \\u2013 Free for consumers
02:45 \\u2013 Andrew\\u2019s experience in Guam and how he came up with Pair
03:45 \\u2013 They started working with architects
04:10 \\u2013 Launched fulltime in 2015
05:00 \\u2013 Funding over $900k
05:20 \\u2013 First-year revenue was $10000/month
06:20 \\u2013 Pilots in big cities
06:30 \\u2013 Monthy and up-front fees
07:15 \\u2013 Revenue in 2016
07:50 \\u2013 15 manufacturers and over 2000 products
08:30 \\u2013 Transition for the company
09:10 \\u2013 Architects to home furnishers
10:20 \\u2013 Larger adjustable market
10:40 \\u2013 Projection for $1.5M
11:20 -- 20000 products placed each month by app users
12:15 \\u2013 CPC and CPM
12:55 \\u2013 Ability to scale
13:25 \\u2013 Pair on Twitter and Facebook
13:45 -- @andrewkemendo on Twitter and andrewkdot on Snapchat
15:45 -- The Famous Five
3 Key Points:
Embrace new technology to create a solution to a problem.
Don\\u2019t be afraid to change your business model to help your business grow.
Adjust your product to benefit a larger group of consumers.

Resources Mentioned:
Host Gator \\u2013 The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Freshbooks - The site Nathan uses to manage his invoices and accounts.
Leadpages \\u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible \\u2013 Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
Slack \\u2013 The online tool Andrew uses to stay organized at Pair

Show Notes provided by Mallard Creatives

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