Encompass Corporation

10 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Dec 7, 2018 by Wayne Johnson · said 4 times in 1 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (4)

tap a year for its mentions
0021412018episodesmentions
0112018episodes it came up in
0020.5412018episodesmentions per episode

every mention, scene by scene, with the transcript →

Everything said about Encompass Corporation, oldest first

Dec 7, 2018 neutral
Disclosure
Encompass has raised just under £20M ($28M) in total capital
“Around just under twenty million pounds. So I guess what's that about twenty eight million US dollars.”
Wayne Johnson Dec 7, 2018 ▶ 16:09 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018
Disclosure
Encompass charges legal clients $5K/mo and financial services up to $150K/mo
“For a midterm legal, legal size company, probably around in US dollars, 5000 a month for the platform ranging up to financial services company starting at 25,000 a month or up to around a 150,000 a month.”
Wayne Johnson Dec 7, 2018 ▶ 2:25 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018 neutral
Assertion Not checkable as stated
Channel partners drive 10% to 20% of Encompass revenue
“Currently probably less than 10% of that revenue comes through them. However if I add in the their original revenue from our partner in Australia, that deal that I've talked about earlier on, that would probably take it to close to 20%.”
Wayne Johnson Dec 7, 2018 ▶ 10:50 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018 positive
Assertion Not checkable as stated
Encompass annual gross revenue churn is approximately 3%
“So, it gives us, you know, quite sticky to our churn rate. Is really around three percent. And so it's, it hasn't been a concern for us.”
Wayne Johnson Dec 7, 2018 ▶ 12:52 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018 neutral
Assertion Not checkable as stated
Encompass has around 250 customers on its platform
“There are around 250 customers currently on the platform.”
Wayne Johnson Dec 7, 2018 ▶ 6:35 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018 neutral
Assertion Not checkable as stated
Encompass has a 15 to 20-month CAC payback period
“Well, I guess we're looking to try and drive that number down at customer acquisition costs so that we recruit their value in the first four months. And we're still well, we're all over 15 to 20 months at this point.”
Wayne Johnson Dec 7, 2018 ▶ 11:31 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018
Disclosure
Wayne Johnson lost millions in a property mezzanine deal before founding Encompass
“It was a property investment. It was a sub-division company that we were actually funding, providing some mezzanine finance for, and then found out after we provided the finance that things weren't right, so we decided to take the project over and things got w…”
Wayne Johnson Dec 7, 2018 ▶ 5:12 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018 bullish
Prediction Not checkable as stated
Wayne Johnson projects Encompass will cross $1M monthly revenue in early 2019
“It will be early next year on our current projections.”
Wayne Johnson Dec 7, 2018 ▶ 7:26 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018 neutral
Disclosure
Encompass offers 50-50 perpetual revenue splits to key channel partners
“Some of them have significant install base and therefore, you know, it's they're on board and we split the revenue on a fifty-fifty basis.”
Wayne Johnson Dec 7, 2018 ▶ 8:49 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Dec 7, 2018 positive
Disclosure
Encompass scaled early distribution via exclusive Australian revenue-share deal
“We did a revenue share deal on top of the selling, and, you know, that evolved over a period of time, and, ah, we grew our business on the back of that. We changed our pricing model a few times, and, ah, eventually we did a great deal with them where they beco…”
Wayne Johnson Dec 7, 2018 ▶ 6:10 1231 How He Launched Channel Partnership on Day 1 After Losing Millions
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.