Everything Jonathan Fishbeck said on any show that made the record, most notable first. Each card names its show and opens the statement there.
EstateSpace converts $5k monthly ad spend into 10 new customers
“Typically on average about three to 5000 dollars is going to get us like three to five million eyeballs. And then from there, we're looking at about 500 leads that, that probably end up somewhere around a 150 of sales qualified leads that typically, you know, …”
Fishbeck and family retained 88% equity in EstateSpace into year five
“Myself and my family, we own 88% of the company in year five.”
Fishbeck's family self-funded $6M of EstateSpace's $7M total investment to date
“We've, to date, we've invested just over seven million dollars across the company, and that's about a million of that was not my direct family.”
EstateSpace needs another $350k ARR to break even on planned scale
“We're 350 K of recurring or right away from break even.”
EstateSpace achieved cash flow positivity with a $15k net profit
“So, so last month we made more than we spent by about. 15,000 dollars.”
Fischbeck: EstateSpace generated $2.1M in service revenue before SaaS pivot
“We were doing about 2.1 million in service revenue.”
Fischbeck: Construction business generated $15 million annually before EstateSpace
“And at that time we were doing fifteen million dollars a year, so a lot of people would ask me why I moved back into technology out of construction, right? I could have retired when I was 33, but, you know, my wife told me I'd be bored for the rest of my life,…”
Fischbeck: EstateSpace banned custom software in favor of configurable SaaS
“We didn't, so custom became a swear word in our company, right? You could only be configurable.”
EstateSpace targets luxury contract managers and estate consultants for B2B growth
“We're focusing on more of a luxury market as our go-to market. So like the, like a luxury contract management company or a consultant that's helping with you know something to do with more on the estate management or property management side. Those are kind of…”