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Andy Fletcher

16 statements across 3 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement Aug 4, 2019 by Andy Fletcher · across every show →

On the record as a speaker too: Andy Fletcher's record, appearances and statements → this page counts the times other people say the name.

Everything said about Andy Fletcher, oldest first

Aug 4, 2019 positive
Assertion Not checkable as stated
Convertri generated $750,000 in five days using an affiliate launch model
“Grand total, we did 750,000 dollars in five days, which was freaking amazing.”
Andy Fletcher Aug 4, 2019 ▶ 7:38 1471 How to Use a $750K "Affiliate Launch Model" To Juice Your SaaS Offering
Aug 4, 2019
Assertion Not checkable as stated
Convertri reached $550,000 ARR with 1,000 active recurring subscribers
“So about 700 monthly and about 300 annual. So it's We're about 505 50 annual recurring, so a little bit less than what you just said.”
Andy Fletcher Aug 4, 2019 ▶ 11:48 1471 How to Use a $750K "Affiliate Launch Model" To Juice Your SaaS Offering
Aug 4, 2019 bullish
Prediction Not checkable as stated
Fletcher predicts Convertri can reach $1 million MRR without changing strategy
“I think we get to a million bucks a month. Doing like not that much differently.”
Andy Fletcher Aug 4, 2019 ▶ 16:11 1471 How to Use a $750K "Affiliate Launch Model" To Juice Your SaaS Offering
Aug 4, 2019
Disclosure
Andy Fletcher invested $80,000 of personal savings to launch Convertri
“And I put about 80 K into the company to start with, to like start ramping up development, get some marketing stuff going.”
Andy Fletcher Aug 4, 2019 ▶ 4:00 1471 How to Use a $750K "Affiliate Launch Model" To Juice Your SaaS Offering
Aug 4, 2019 negative
Insight
Fletcher says early lifetime users became a weight around their neck
“As much as I love those lifetime users that we brought on in the early days and brought us capital, like that's like a thousand people who are a weight around our neck.”
Andy Fletcher Aug 4, 2019 ▶ 11:27 1471 How to Use a $750K "Affiliate Launch Model" To Juice Your SaaS Offering
Aug 4, 2019
Assertion Not checkable as stated
Fletcher estimates Convertri's monthly customer churn rate at 15 percent
“But I think about 15, but it's one thing we're finding it quite hard to like zero in on and like exactly what to count.”
Andy Fletcher Aug 4, 2019 ▶ 12:17 1471 How to Use a $750K "Affiliate Launch Model" To Juice Your SaaS Offering
May 21, 2020
Disclosure
Convertri holds approximately $700,000 in cash reserves
“At the moment, we're sat on, I think we've got about 700 K in the war chest.”
Andy Fletcher May 21, 2020 ▶ 18:07 1762 How Convertri Used Affiliates To Hit $1m ARR, $700k Profit
May 21, 2020 positive
Disclosure
Convertri grew profitably after Andy Fletcher invested $80,000 to $100,000
“I still bootstrapped. Haven't raised any capital since the first, like, I put about 80, a hundred K in my own money in day one to get it all moving. And since then we've just been profitable and growing off the money we make.”
Andy Fletcher May 21, 2020 ▶ 11:00 1762 How Convertri Used Affiliates To Hit $1m ARR, $700k Profit
May 21, 2020
Assertion Not checkable as stated
Convertri has 1,700 recurring SaaS customers and 700 hybrid customers
“So about 1700 on the recurring and another 700 in phase one of our hybrid funnel.”
Andy Fletcher May 21, 2020 ▶ 2:04 1762 How Convertri Used Affiliates To Hit $1m ARR, $700k Profit
Sep 11, 2021 negative
Opinion
Fletcher: AppSumo's deal terms are terrible if you have affiliates
“AppSumo's deal terms are terrible if you can get your own affiliates. If you can't, then it's probably a good play. If you can, it's not great terms.”
Andy Fletcher Sep 11, 2021 ▶ 8:57 How Funnel-Builder SaaS Convertri Used Affiliates to Hit $1.5m in ARR Without Raising Capital
Sep 11, 2021
Disclosure
Fletcher: Convertri employs 20 people; Fletcher owns 75%, co-founder 25%
“So whole company, 20 people. How many folks like that own it? I own 75%. My business partner, Neil owns 25.”
Andy Fletcher Sep 11, 2021 ▶ 15:28 How Funnel-Builder SaaS Convertri Used Affiliates to Hit $1.5m in ARR Without Raising Capital
Sep 11, 2021
Disclosure
Fletcher: I would sell Convertri today for a 5x ARR multiple
“Five X ARR. Definitely. I would five X ARR, I would take it. Like it would also depend how long they want me to stay around for.”
Andy Fletcher Sep 11, 2021 ▶ 16:35 How Funnel-Builder SaaS Convertri Used Affiliates to Hit $1.5m in ARR Without Raising Capital
Sep 11, 2021
Disclosure
Fletcher: 10% of Convertri's $1.5M ARR goes to affiliate commissions
“Of the light, 1.5 mil, we're probably doing between a hundred and, I don't know if you say probably between about 10% of the revenue goes out in affiliate commissions.”
Andy Fletcher Sep 11, 2021 ▶ 10:05 How Funnel-Builder SaaS Convertri Used Affiliates to Hit $1.5m in ARR Without Raising Capital
Sep 11, 2021
Assertion Not checkable as stated
Fletcher: Convertri generated $750K in six days during 2016 lifetime launch
“Back in July, 2016, we sold the one and only lifetime deal for Converture we've ever done. That was the original launch. We sold like three quarters of a million dollars of it in six days.”
Andy Fletcher Sep 11, 2021 ▶ 8:24 How Funnel-Builder SaaS Convertri Used Affiliates to Hit $1.5m in ARR Without Raising Capital
Sep 11, 2021 positive
Opinion
Fletcher calls ClickFunnels competitor Russell Brunson amazing
“I mean, honestly, at the moment, probably Russell Brunson, like, you know, we, we're kind of in competition, but the guy's amazing. Like, I have much respect.”
Andy Fletcher Sep 11, 2021 ▶ 20:38 How Funnel-Builder SaaS Convertri Used Affiliates to Hit $1.5m in ARR Without Raising Capital
Sep 11, 2021
Disclosure
Fletcher: Convertri remains 100% bootstrapped with no outside capital raised
“Nope, still completely, hundred percent bootstrapped.”
Andy Fletcher Sep 11, 2021 ▶ 15:08 How Funnel-Builder SaaS Convertri Used Affiliates to Hit $1.5m in ARR Without Raising Capital
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