Everything Jeff Solomon said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Solomon: Founders selling for $150M often walk away with only $300k
“I've seen a lot of people sell for one hundred and fifty million bucks and walk away with like 300 grand.”
Solomon: AppSumo Lifetime Deals Were Highly Profitable for Markup Hero
“We did a big campaign on AppSumo, which gives us some lifetime customers. Right. Which isn't like recurring, but it's still very, very profitable for three guys.”
Solomon: Asana, Notion, and Monday.com Lack Built-In Image Annotation
“And none of the other products have that Asana doesn't have that, you know notion doesn't have that. Like there's so many, any of the product management, monday.com, all these guys.”
Solomon: Velocify lost 100% of its mortgage clients in 2008
“It was 2008. We were going to go under, like we were entirely mortgage at that company and we cycled through a hundred percent of our clients. They all went belly up.”
Solomon: Markup Hero Has Around 10,000 Paying Customers
“We have maybe 10,000.”
Solomon: Markup Hero Is Fully Bootstrapped With No Outside Funding
“There's no money at all. We just all bootstrapped.”
Solomon: Markup Hero pays $150 per draft and spends 90 minutes editing
“I've basically built out this model where I have these third parties writers create the first draft. And then I spend about an hour and a half editing. I found that to be the most cost effective. So I'll pay like a 150 bucks for a draft and it's good, but not …”
Solomon: Monthly Screenshot Limit Is Markup Hero's Main Conversion Driver
“It's mostly people getting to their cap of screenshots per, per month, right? They hit their cap and they see like, oh, I need to do more.”
Solomon: Markup Hero Core Product Costs $4 per Month
“Well, on the core product, when you just go to our site, it's like four bucks a month. It's a cheap, very low cost product high volume thing.”
Solomon: Markup Hero Operates With Only Three Full-Time Team Members
“Just three of us. There's just three of us.”
Solomon: Markup Hero gets six to seven inbound guest-post pitches daily
“So I get at least six to seven inquiries a day in inbound increase.”
Solomon: Search volume for screenshot and annotation keywords is low
“Cause there's only so much traffic on like Annotation, image annotation, or, you know, screenshot, like it's small volume. So I can't count on that as my like keywords.”
Solomon: Markup Hero costs about $3,000 monthly to run excluding salaries
“Oh, it costs us like three grand a month other than what we pay ourselves to run the hosting costs are, you know, it's very, very nice.”