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Josh Malang

12 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Feb 28, 2021 by Josh Malang · across every show →

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

Everything said about Josh Malang, oldest first

Feb 28, 2021
Assertion Not checkable as stated
Josh Malang spent $500,000 to $600,000 on an external development firm
“So the dev company, probably five, 600 K.”
Josh Malang Feb 28, 2021 ▶ 10:44 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021 neutral
Disclosure
Josh Malang's company pays a 30% revenue share to wholesale channel partners
“So we, we'll carve off about 30% of that.”
Josh Malang Feb 28, 2021 ▶ 5:58 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021
Disclosure
Josh Malang's new business is currently burning around $100,000 per month
“So I would say probably a hundred grand a month.”
Josh Malang Feb 28, 2021 ▶ 13:34 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021 neutral
Assertion Not checkable as stated
Malang's platform had $5,000 MRR from 50 customers before channel partners
“Prior to that, we had about five grand a month in recurring revenue from about 50 You know, customers that we had on the tech platform over the last several months, we kind of add one at a time.”
Josh Malang Feb 28, 2021 ▶ 5:26 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021
Assertion Not checkable as stated
Josh Malang's retail agency generated $400,000 to $450,000 ARR prior to divestment
“A year ago, right around, before I started selling everything off, we're at about four or 50 K off our original business in an ARR.”
Josh Malang Feb 28, 2021 ▶ 9:15 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021
Assertion Not checkable as stated
Josh Malang's software company has zero internal tech or engineering staff
“We have zero internal staff on the tech side.”
Josh Malang Feb 28, 2021 ▶ 12:23 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021 positive
Assertion Not checkable as stated
Malang's company generated $120,000 in its first month with a channel partner
“We actually generate about a 120,000 revenue in our first month with a channel partner.”
Josh Malang Feb 28, 2021 ▶ 4:09 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021
Assertion Not checkable as stated
Josh Malang sold his retail insurance business lines for $1.5 million
“All in is about a million and a half bucks.”
Josh Malang Feb 28, 2021 ▶ 9:47 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021
Disclosure
Josh Malang has invested several million dollars into his business over ten years
“I mean, several million bucks. I mean, since for the last decade.”
Josh Malang Feb 28, 2021 ▶ 13:08 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021
Assertion Not checkable as stated
Malang: Platform manages about 15,000 end-clients for B2B customers
“So we're managing about 15,000 clients on behalf of our customers.”
Josh Malang Feb 28, 2021 ▶ 11:36 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021
Assertion Not checkable as stated
Josh Malang's company has around 30 total customers across tech and service
“Now in total customers between the tech and the service and everything else, I think we have probably 30.”
Josh Malang Feb 28, 2021 ▶ 11:41 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Feb 28, 2021
Disclosure
Josh Malang's company took on several hundred thousand dollars in debt
“Several 100,000, you know, to kind of, to fill in the gap of that, we weren't like sitting on a pile of cash or anything like that.”
Josh Malang Feb 28, 2021 ▶ 13:51 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
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