Flowster
company on 1 show · 15 statements across 2 episodes · said 38 times in 2 episodes since 2020
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Top Founders 38
2022 15 mentions in 1 episode
2020 23 mentions in 1 episode
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15 statements about Flowster, every show
Latka: Bootstrapped SaaS generates about $180k revenue per employee
“Most people at your stage are making about a bootstrapped or doing about 180,000 bucks in revenue per employee.”
Trent Dyrsmid plans to stop founding startups to exclusively acquire businesses
“Like, I've told my wife, this is the last startup I ever want to do. I just want to buy businesses going forward.”
Dyrsmid: Overstate task times to test remote contractor billing honesty
“If it's a 15 minute task, if we know it should take 15 minutes, we'll tell them that it takes an hour Because that way the person who comes back and says, yep, took the whole hour. I know that that person's going to milk me for extra labor dollars. Whereas if …”
Flowster generates 30 to 50 inbound organic leads daily
“We, just because of the content marketing that we're doing and the Facebook groups and the YouTube channel and the stuff, we are adding around 30 to 50 leads a day into the funnel and they just keep coming every day, day after day.”
Flowster Reported 9.4% Gross MRR Churn in September 2020
“So, I'm taking the numbers here from a dashboard. We use something called ChartMogul, and according to ChartMogul, we have gross, with our historical set of customers, gross MRR churn of nine point 40% as of September, with net MRR churn of 2.67% as of Septemb…”
Flowster Pays a $115 Customer Acquisition Cost for $240 Annual Subscribers
“So that CAC, I know that CAC's about a 115 dollars.”
Flowster Equity Is Split Evenly Between Dyrsmid's Family and CTO
“My wife and I own equal equity. Yeah. The co-founder and I mean, so my wife and I own half and the co-founder.”
Flowster Currently Averages $20 in Monthly Recurring Revenue Per User
“Currently the average MRR is 20 bucks.”
Flowster Has Sold 1,000 One-Time Fee Info Product Packages
“1000 people have paid the one time fee.”
Flowster Has 5,000 Total Users and up to 600 Paid Subscribers
“We have about 5000 users on the platform. We run currently a freemium model. About 500 or 600 of those users are in an active subscription at this point in time.”
Dyrsmid's E-Commerce Product Generates Millions to Bootstrap Flowster
“Now that happens to generate millions in sales for us which is great from cash flow and funding the growth of flowster and so on.”