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Wyatt Jozwowzki, co-founder and CEO of Demio, a smart, webinar platform on a simple mission. He\\u2019s passionate about creating a great customer and user experience. Listen as Wyatt shares about Demio; from its inception to a Wyatt creating a working, webinar platform that is earning a revenue from only a few days on the market.\\xa0

Famous Five:

• Favorite Book? \\u2013 The Hard Thing About Hard Things
• What CEO do you follow? \\u2013\\xa0 Jason Lemkin

• Favorite online tool? \\u2014 Clarity.fm
• Do you get 8 hours of sleep?\\u2014 seven to eight hours
• If you could let your 20-year old self, know one thing, what would it be? \\u2013 \\u201cThat it was going to be 10 times harder than I thought\\u201d

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Time Stamped Show Notes:

• 01:42 \\u2013 Nathan introduces Wyatt to the show
• 02:08 \\u2013 Demio is a web-based webinar platform built for marketing
• 02:18 \\u2013 \\u201cWe wanted to create a webinar platform that is actually easy and ready to use\\u201d
• 02:35 \\u2013 Demio was just launched in November 9^th of this year
• 02:54 \\u2013 Wyatt has a company called Drip Apps as well
• 03:12 \\u2013 Demio is the biggest software project that Wyatt has\\xa0 ever\\xa0 taken on
• • 03:15 \\u2013 Wyatt has been working with Demio for 2 years now
• 03:28 \\u2013 Demio was in free beta for 3-4 months
• • 03:38 \\u2013 People used Demio for their webinars for free
  • 03:48 \\u2013 This was done to test Demio\\u2019s reliability and performance
  • 04:02 \\u2013 Wyatt wants simplicity to be Demio\\u2019s\\xa0 platform
• 04:51 \\u2013 Wyatt has invested about half of million on Demio
• 04:48 \\u2013 Demio has a team of 3 developers,\\xa0 1 designer, and 1 QA manager
• • 05:40 \\u2013 Some of the team members are from Upwork and other online job postings
• 06:21 \\u2013 Wyatt got his funding from Drip Apps\\u2019 revenue
• 06:53 \\u2013 Wyatt got the idea of Demio from a suggestion
• 07:30 \\u2013 First software project of Wyatt\\u2019s was a video ranking platform
• 07:45 \\u2013 Drip Apps has Drip Core which has a $47/month subscription
• • 08:09 \\u2013 470 users have signed-up
  • 08:23 \\u2013 Drip Apps was launched 3 years ago
• 08:53 \\u2013 Drip Apps\\u2019 2015 revenue
• 09:15 \\u2013 Drip Apps runs independently of Wyatt, freeing him up to work on Demio
• 09:52 \\u2013 Demio was not really planned
• 10:20 \\u2013 Nathan refers to Episode 252 and how Wyatt reminds him of Omar of Webinar Ninja
• 10:38 \\u2013 Demio already has paying customers
• 10:46 \\u2013 Demio is a SaaS business model and they currently have discounted annual pricing
• 10:59 \\u2013 On launch day, Demio\\u2019s price range was from $237 a year to $497 a year
• • 11:08 \\u2013 Price range increased on November 16^th
• 12:20 \\u2013 Wyatt\\u2019s strategy for Demio
• 13:10 \\u2013 Having a webinar is not that easy and is very challenging
• 13:40 \\u2013 Demio is web-based and does not require any desktop software to be installed
• • 13:42 \\u2013 Wyatt is currently focused on expanding browser and mobile support
• 14:05 \\u2013 There are a number of unique customers that have signed-up
• 14:30 \\u2013 There are customers who have asked for refunds
• 15:49 \\u2013 Connect with Wyatt through Twitter
• 17:20 \\u2013 The Famous Five

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3 Key Points:

• There are huge challenges in the tech industry, but it\\u2019s definitely worth it to keep pressing on.
• Streaming in real-time is one of the most difficult things to achieve in a webinar.
• Be consistent in working out those hurdles and challenges.\\xa0

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Resources Mentioned:

• Acuity Scheduling \\u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
• Drip \\u2013 Nathan uses Drip\\u2019s email automation platform and visual campaign builder to build his sales funnel
• Toptal\\xa0\\u2013 Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn\\u2019t have to hire a co-founder due to the quality of Toptal
• Host Gator\\xa0\\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
• Audible\\xa0\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
• The Top Inbox\\xa0 \\u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens and follow-up with email sequences
• @WyattJawz \\u2013 Wyatt\\u2019s Twitter handle
• Upwork \\u2013 Where Wyatt found his team members
• Show Notes provided by Mallard Creatives