Weekdone
company on 1 show · 13 statements across 1 episodes · said 16 times in 2 episodes since 2018
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2020 1 mention in 1 episode
2018 15 mentions in 1 episode
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13 statements about Weekdone, every show
A $1M acquisition split three ways is not life-changing for founders
“A million dollar for three people wouldn't be life-changing in any way, so I mean, we can make more from our salaries that way actually, so.”
Paid ads, AdWords, and Facebook have never worked for Weekdone
“We've never been able to make paid ads or so work. So the conversion there has been really bad, actually. So yeah, we still experiment, but neither retargeting or Google AdWords or Facebook actually work for us.”
Kaljundi: Weekdone acquires customers exclusively through organic in-house content marketing
“We, like, we don't do actually any paid advertising, so all of our costs are content marketing, so it's basically the cost of three, four people, and we do most of the content and mini sites and so on in-house, so that's mostly the cost for us.”
Weekdone churns approximately 50% of its customers annually
“I would say kind of, we churn probably around like 50% of customers per year.”
Early SaaS churn often comes from abandoning the underlying process
“Quite often because companies, we still sell a kind of process that companies need to implement in their teams, and there are many who try us out for, let's say, quarterly goal setting for one or two quarters, and they just give up not on the tool, but actuall…”
Weekdone grew revenue slightly less than 2x year-over-year
“Yeah, we've grown a little bit less than two times, actually.”
Weekdone has slightly fewer than 10,000 paying user seats
“Around, like, a little bit below 10,000 employees, I would say, probably.”
Raising software prices leads customers to take companies more seriously
“The more we raised our prices, the better we started doing, and the more seriously actually customers started taking us.”
Weekdone reaches $75k MRR and approaches $1M ARR
“Well, basically, our MRR is around 75 K, so we are getting to one million ARR soon.”
Weekdone raised $200k and has been cash flow positive since 2015
“Initially we raised around 200 K from some friends, but we have been cash flow positive since 2015.”