Platters hit $25k monthly revenue before coding search and payment features
“I think at the time we're doing a 25,000 a month, something like that, but it was good. It wasn't much, wasn't less, but it was good enough to prove the point. Then quickly just, we went on and we decided to code the rest and plugged in the search bars, plugge…”
Some Thriver food providers generated over $250,000 per month
“Some of them were doing over a quarter million bucks a month with us.”
Henig: Hyper-local geographic focus simplifies marketplace supply and customer retention
“If you control the geography, it's much easier to get supply and it's much easier to get repetitive business for that supply. If you control geography, it's easy for you to go and exit if you need to. If you need to put a sales person on the ground or a CS per…”
Asking prospects 'what does it take' converts better than asking permission
“I think it's always easy to answer. What does it take? Like versus can you give us is like, no. What does it take? Then you start, then things start moving.”
Established caterers initially resisted Thriver while smaller providers embraced it
“I think the ones that gave us the more hardship upfront were the bigger caterers. The ones that did have Google ads and paid ads running that they were paying agencies to earn for them. The one that have tried to build websites and paid for that as well. These…”
Scaling past $1M monthly revenue requires scalable infrastructure, not just hustle
“I think we had this rule of, it's easy to get to a quarter million bucks a month. It's hard to get to half a million bucks, but you can do it with hard work. It's really tough to cost a million bucks without scaling the business properly and building proper fo…”
Thriver's revenue dropped 97% when the COVID-19 pandemic hit
“The issue was that our revenue tanked 97% when COVID hit.”