Why Is He Scared to Share Revenue Numbers? EP 235 with Randy Rayess

Published: April 13, 2016, 1:27 p.m.

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Randy Rayess, co-founder of VenturePact, a Saas platform that helps businesses manage software development teams. Listen as Nathan quizzes Randy on his professional history, and the disparity between revenue models, particularly the difference between a SaaS versus retainer model.

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Famous 5
Favorite Book? \\u2013 High Output Management by Andy Grove
What CEO do you follow?\\u2014 David Sacks and Scott Cook
What is your favorite online tool?\\u2014f.lux
Do you get 8 hours of sleep?\\u2014 No
If you could let your 20 year old self know one thing, what would it be?\\u2014 Stop stressing and worrying about things that are (ultimately) not really relevant to your success.

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Time Stamped Show Notes:
01:00 \\u2013 Nathan\\u2019s introduction
01:23 \\u2013 Welcoming Randy to the show
01:27 \\u2013 Talking about machine learning
02:15 \\u2013 How Randy makes $$$
03:15 \\u2013 Currently working with a hundred clients
05:50 \\u2013 SaaS vs Retainer Model
06:50 \\u2013 Revenue in 2015
13:58 \\u2013 Competitors
15:24 \\u2013 Connect at randy@venturepact.com and @randyrayess
17:15 \\u2013 Famous 5

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3 Key Points:
Life is too short to constantly worry about things that don\\u2019t really matter.
Machine learning is the way of the future\\u2014get on board the train or get left behind.
Don\\u2019t hate or envy your competitors\\u2014study them to find out what they do better than you and adapt.

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Resources Mentioned:
Host Gator \\u2013 The site Nathan uses to buy his domain names and hosting for cheapest price possible.
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.

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Show Notes provided by Mallard Creatives

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The Top is FOR YOU if you are:

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A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

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STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

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An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)

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The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

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Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

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Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that\'s like an audio version of Pat Flynn\'s monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

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