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Flowster

15 statements across 2 episodes · 5 bullish · 0 bearish · 2 people on the record · first statement Oct 29, 2020 by Trent Dyrsmid · said 38 times in 2 episodes since 2020 · across every show →

Mentions by year

brought up most by Nathan Latka (29), Trent Dyrsmid (9)

tap a year for its mentions
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011202020212022episodes it came up in
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2022 15 mentions in 1 episode
2020 23 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Flowster, oldest first

Oct 29, 2020 neutral
Disclosure
Flowster Equity Is Split Evenly Between Dyrsmid's Family and CTO
“My wife and I own equal equity. Yeah. The co-founder and I mean, so my wife and I own half and the co-founder.”
Trent Dyrsmid Oct 29, 2020 ▶ 19:05 Flowster Hits $10k MRR After eCommerce Brand Hits $3.1m In Amazon Sales
Oct 29, 2020 positive
Disclosure
Dyrsmid's E-Commerce Product Generates Millions to Bootstrap Flowster
“Now that happens to generate millions in sales for us which is great from cash flow and funding the growth of flowster and so on.”
Trent Dyrsmid Oct 29, 2020 ▶ 13:36 Flowster Hits $10k MRR After eCommerce Brand Hits $3.1m In Amazon Sales
Oct 29, 2020 positive
Assertion Not checkable as stated
Trent Dyrsmid Sold $412,000 Worth of SOP Documents in Seven Days
“Well, we sold 412,000 dollars of them in the first seven days.”
Trent Dyrsmid Oct 29, 2020 ▶ 8:53 Flowster Hits $10k MRR After eCommerce Brand Hits $3.1m In Amazon Sales
Oct 29, 2020 neutral
Assertion Not checkable as stated
Flowster Currently Averages $20 in Monthly Recurring Revenue Per User
“Currently the average MRR is 20 bucks.”
Trent Dyrsmid Oct 29, 2020 ▶ 16:58 Flowster Hits $10k MRR After eCommerce Brand Hits $3.1m In Amazon Sales
Oct 29, 2020 neutral
Assertion Not checkable as stated
Flowster Has Sold 1,000 One-Time Fee Info Product Packages
“1000 people have paid the one time fee.”
Trent Dyrsmid Oct 29, 2020 ▶ 16:25 Flowster Hits $10k MRR After eCommerce Brand Hits $3.1m In Amazon Sales
Oct 29, 2020 neutral
Assertion Not checkable as stated
Flowster Reported 9.4% Gross MRR Churn in September 2020
“So, I'm taking the numbers here from a dashboard. We use something called ChartMogul, and according to ChartMogul, we have gross, with our historical set of customers, gross MRR churn of nine point 40% as of September, with net MRR churn of 2.67% as of Septemb…”
Trent Dyrsmid Oct 29, 2020 ▶ 21:31 Flowster Hits $10k MRR After eCommerce Brand Hits $3.1m In Amazon Sales
Oct 29, 2020 neutral
Assertion Not checkable as stated
Flowster Has 5,000 Total Users and up to 600 Paid Subscribers
“We have about 5000 users on the platform. We run currently a freemium model. About 500 or 600 of those users are in an active subscription at this point in time.”
Trent Dyrsmid Oct 29, 2020 ▶ 16:06 Flowster Hits $10k MRR After eCommerce Brand Hits $3.1m In Amazon Sales
Oct 29, 2020 positive
Assertion Not checkable as stated
Flowster Pays a $115 Customer Acquisition Cost for $240 Annual Subscribers
“So that CAC, I know that CAC's about a 115 dollars.”
Trent Dyrsmid Oct 29, 2020 ▶ 20:19 Flowster Hits $10k MRR After eCommerce Brand Hits $3.1m In Amazon Sales
Aug 10, 2022
Disclosure
Flowster plans to launch an enterprise tier charging $20,000 annually
“We are. Yes.”
Trent Dyrsmid Aug 10, 2022 ▶ 15:47 Secret tool you should use to manage documenting systems to have contractors run
Aug 10, 2022 positive
Assertion Not checkable as stated
Flowster's average revenue per user has doubled to roughly $40
“ARPU is actually double that now.”
Trent Dyrsmid Aug 10, 2022 ▶ 2:31 Secret tool you should use to manage documenting systems to have contractors run
Aug 10, 2022
Insight
Dyrsmid: Overstate task times to test remote contractor billing honesty
“If it's a 15 minute task, if we know it should take 15 minutes, we'll tell them that it takes an hour Because that way the person who comes back and says, yep, took the whole hour. I know that that person's going to milk me for extra labor dollars. Whereas if …”
Trent Dyrsmid Aug 10, 2022 ▶ 11:14 Secret tool you should use to manage documenting systems to have contractors run
Aug 10, 2022 positive
Assertion Not checkable as stated
Dyrsmid: Flowster now has more than 500 customers
“It's more.”
Trent Dyrsmid Aug 10, 2022 ▶ 11:54 Secret tool you should use to manage documenting systems to have contractors run
Aug 10, 2022
Assertion Not checkable as stated
Flowster generates 30 to 50 inbound organic leads daily
“We, just because of the content marketing that we're doing and the Facebook groups and the YouTube channel and the stuff, we are adding around 30 to 50 leads a day into the funnel and they just keep coming every day, day after day.”
Trent Dyrsmid Aug 10, 2022 ▶ 4:11 Secret tool you should use to manage documenting systems to have contractors run
Aug 10, 2022
Disclosure
Trent Dyrsmid plans to stop founding startups to exclusively acquire businesses
“Like, I've told my wife, this is the last startup I ever want to do. I just want to buy businesses going forward.”
Trent Dyrsmid Aug 10, 2022 ▶ 12:37 Secret tool you should use to manage documenting systems to have contractors run
Aug 10, 2022 neutral
Assertion Not checkable as stated
Latka: Bootstrapped SaaS generates about $180k revenue per employee
“Most people at your stage are making about a bootstrapped or doing about 180,000 bucks in revenue per employee.”
Nathan Latka Aug 10, 2022 ▶ 14:11 Secret tool you should use to manage documenting systems to have contractors run
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