Patrick Stiles

person on 1 show · 10 statements across 1 episodes

Top Founders

On the record as a speaker too: Patrick Stiles across every show, appearances and statements → this page counts the times other people say the name.

10 statements about Patrick Stiles, every show

Patrick Stiles calls self-liquidating offers the sexiest strategy in marketing
“Self liquidating offer is the sexiest thing in marketing. It's where you're acquiring customers and your day one money is covering acquisition costs.”
Patrick Stiles Mar 7, 2019 ▶ 16:00 1321 How he got his first $10k in MRR competing with Wistia
TOP FOUNDERS Disclosure
VCs offered Vidalytics a SAFE note at a $3 million valuation cap
“I've had several venture capitalists say that we could do like a safe note at a three million cap.”
Patrick Stiles Mar 7, 2019 ▶ 15:00 1321 How he got his first $10k in MRR competing with Wistia
TOP FOUNDERS Disclosure
Vidalytics intends to transition its affiliate payouts to an upfront CPA model
“What we would like to do is move towards more a CPA model, where it's like a flat fee up front, like, you know, a couple hundred bucks or something like that for a paying user.”
Patrick Stiles Mar 7, 2019 ▶ 13:12 1321 How he got his first $10k in MRR competing with Wistia
TOP FOUNDERS Disclosure
Vidalytics pays up to 40% lifetime recurring commissions to affiliate partners
“It can be 40% reoccurring for life in some cases.”
Patrick Stiles Mar 7, 2019 ▶ 13:06 1321 How he got his first $10k in MRR competing with Wistia
TOP FOUNDERS Disclosure
Vidalytics targets a three-month payback period on customer acquisition costs
“We target about a three month payback if possible.”
Patrick Stiles Mar 7, 2019 ▶ 12:51 1321 How he got his first $10k in MRR competing with Wistia
TOP FOUNDERS Disclosure
Patrick Stiles avoids building an enterprise sales team for lifestyle reasons
“For me, for my personality, I don't want to build a business where I have to build a sales team, at least not right now. So it's more of kind of like a lifestyle thing.”
Patrick Stiles Mar 7, 2019 ▶ 12:11 1321 How he got his first $10k in MRR competing with Wistia
TOP FOUNDERS Assertion Not checkable as stated
Vidalytics experiences roughly 5.7% monthly logo churn
“So our logo churn is about 5.7.”
Patrick Stiles Mar 7, 2019 ▶ 11:27 1321 How he got his first $10k in MRR competing with Wistia
TOP FOUNDERS Assertion Not checkable as stated
Vidalytics settled on five team members after cycling through 20 contractors
“So the team size is five. Two of those people are contractors at our, we've, but we've hired and fired the 20 people to build this product.”
Patrick Stiles Mar 7, 2019 ▶ 6:42 1321 How he got his first $10k in MRR competing with Wistia
Patrick Stiles says SaaS combines physical product value with digital scale
“So SAS is just, you know, it's way more scalable. It has the perceived value of a physical product, but at the end of the day, it's basically an info product. It's intellectual property on a server and it doesn't have those compliance issues.”
Patrick Stiles Mar 7, 2019 ▶ 6:09 1321 How he got his first $10k in MRR competing with Wistia
TOP FOUNDERS Disclosure
Patrick Stiles bootstrapped Vidalytics with six figures of personal capital
“It's six figures.”
Patrick Stiles Mar 7, 2019 ▶ 4:06 1321 How he got his first $10k in MRR competing with Wistia

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