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Brad Parker

14 statements across 2 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Mar 8, 2021 by Brad Parker · across every show →

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

Everything said about Brad Parker, oldest first

Mar 8, 2021 positive
Assertion Not checkable as stated
Parker: Form Piper and Financing Your Way net 50% to 60% profit margin
“When looking at the P and L, you know, it drops about 50 to 60% profit, you know, to the bottom line.”
Brad Parker Mar 8, 2021 ▶ 11:57 Pet Land Riches! 60% Profit Margins on $100m SaaS Fintech Play
Mar 8, 2021
Disclosure
Parker: All companies have been bootstrapped to maintain control
“We've bootstrapped all of our companies and like being in control.”
Brad Parker Mar 8, 2021 ▶ 7:10 Pet Land Riches! 60% Profit Margins on $100m SaaS Fintech Play
Mar 8, 2021 neutral
Assertion Not checkable as stated
Parker: Financing Your Way generates $100K to $120K per month
“That revenue right now is about a hundred to a 120,000 dollars a month, just depending on the month.”
Brad Parker Mar 8, 2021 ▶ 7:37 Pet Land Riches! 60% Profit Margins on $100m SaaS Fintech Play
Mar 8, 2021 neutral
Assertion Not checkable as stated
Parker: Financing Your Way is highly profitable while Form Piper is not yet profitable
“The finance company is extremely profitable. Form Piper is not currently just due to development.”
Brad Parker Mar 8, 2021 ▶ 10:23 Pet Land Riches! 60% Profit Margins on $100m SaaS Fintech Play
Mar 8, 2021 neutral
Assertion Not checkable as stated
Parker: Financing Your Way processed $100M in loan GMV last year
“About a hundred million dollars.”
Brad Parker Mar 8, 2021 ▶ 8:31 Pet Land Riches! 60% Profit Margins on $100m SaaS Fintech Play
Mar 8, 2021
Disclosure
Parker: Form Piper charges an average license fee of $200 monthly
“On average right now, our license fee is about 200 dollars a month. It can be anywhere from 150 to 300 dollars a month, depending on how many applications you're running.”
Brad Parker Mar 8, 2021 ▶ 4:54 Pet Land Riches! 60% Profit Margins on $100m SaaS Fintech Play
Mar 8, 2021 neutral
Assertion Not checkable as stated
Parker: Combined Form Piper and Financing Your Way revenue hit $138K last month
“Last month we did a 138,000 dollars.”
Brad Parker Mar 8, 2021 ▶ 9:52 Pet Land Riches! 60% Profit Margins on $100m SaaS Fintech Play
Mar 8, 2021
Disclosure
Parker: Form Piper has 90 active licenses across roughly 60 business owners
“We have a few multi-store operators, you know, one has 10 couple have five, so you're probably looking at 60 different business owners with 90, 90 licenses being used.”
Brad Parker Mar 8, 2021 ▶ 4:38 Pet Land Riches! 60% Profit Margins on $100m SaaS Fintech Play
Aug 12, 2022 neutral
Disclosure
FormPiper closes annual furniture retail contracts between $1,500 and $2,000
“Most of our contracts are being done annually now. I'd say probably 90%, and we're closing those in the furniture space around 1500 to 2000 dollars, depending on how many locations they have.”
Brad Parker Aug 12, 2022 ▶ 17:33 $225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores.
Aug 12, 2022 positive
Disclosure
Brad Parker reveals FormPiper's outbound sales funnel and closing conversion rates
“So my goals are so that the goals are for them to book 30 demos and that's what they do on average. So 30 demos a month. We see 50% of those demos show. So 15 demos per SDR showing and we're closing 35% of those. So on average, what we're doing is bringing on …”
Brad Parker Aug 12, 2022 ▶ 17:02 $225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores.
Aug 12, 2022 positive
Disclosure
FormPiper achieves a 20 percent profit margin alongside 37 percent growth
“Last year we ran 18% profit across the board with 34% growth. And then this year we're at 20% profit with 37% growth. And that doesn't include adding back, you know, mine and Ryan's salaries.”
Brad Parker Aug 12, 2022 ▶ 19:14 $225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores.
Aug 12, 2022
Disclosure
Brad Parker rejects balance-sheet lending risk in favor of platform fees
“I don't want to be in the banking business loaning out, you know, Hundreds of millions of dollars. I'd rather somebody else do that and just give me a piece.”
Brad Parker Aug 12, 2022 ▶ 10:19 $225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores.
Aug 12, 2022 positive
Disclosure
Brad Parker sold four retail businesses to focus entirely on FormPiper
“And it was great, you know, but since we last spoke, I actually sold my four retail businesses. So I'm just focusing on SaaS, working with retailers, and it's just a much easier place to live.”
Brad Parker Aug 12, 2022 ▶ 13:35 $225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores.
Aug 12, 2022 positive
Assertion Not checkable as stated
FormPiper expands to 150 customers across 250 store locations
“So today we are up to a 150 customers, but 250 actual locations.”
Brad Parker Aug 12, 2022 ▶ 4:55 $225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores.
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