Everything Daniel Poston said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Follow Up Boss is the best real estate CRM with no close second
“Our primary product is an integration between real estate CRM follow a boss which is, it's the best real estate CRM. It's really, and there's really not like a close second.”
Poston uses a modified Slicing Pie equity model with 2x hour multipliers
“Slightly modified slicing pie model where you measure how much you put into the business in terms of like hours and dollars. And then you convert that to pie slices where every hour you put in, you, it gets a two X multiplier and every dollar that gets put in …”
Tracking sweat equity in non-dollar pie slices avoids tax consequences
“And you don't want to call it 670,000 dollars because then that has tax consequences. So it's, you know, it's not a dollar valuation. It's a way of figuring out who has what equity.”
Interface generates between $15,000 and $20,000 in monthly revenue
“We're probably 1515 to 20,000.”
Interface is acquihiring an Indian engineering team for 15% equity
“We actually are in the process of acquiring a team in India. They built a AI chat bot and didn't have great product market fit. I need the developers. And so we're in the process of merging companies right now. And so they're getting about 15% of the business.”
Poston originally hired his eventual technical co-founder as his assistant
“I was working for a real estate team. I was a chief data officer and hired him as my assistant.”
Interface has reached approximately 165 customer teams on its platform
“We just passed one 50. I think we're one 65 ish.”
Interface has scaled to its current revenue entirely bootstrapped
“Bootstrapped.”
Daniel Poston currently owns 80% to 85% of Interface
“No, it's about 80 to 85%.”