Karma CRM

11 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jun 25, 2019 by JP Narowski · said 27 times in 1 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (19), JP Narowski (8)

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2019 27 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Karma CRM, oldest first

Jun 25, 2019
Assertion Not checkable as stated
Narowski: Karma CRM grew about 50% YoY over the past couple years
“So we've grown about, I guess, 50% year over year over the past couple of years.”
JP Narowski Jun 25, 2019 ▶ 4:14 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019
Disclosure
Narowski: Karma CRM took only a small friends and family round
“We took a small friends and family round of funding, but generally strapped.”
JP Narowski Jun 25, 2019 ▶ 4:26 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019 neutral
Disclosure
Narowski: Karma CRM customer base remains roughly half small businesses
“We haven't done that yet, but that's definitely, I think the more we drill into the speaker space, we're still kind of half and half. We still serve as small business customers and we will continue to”
JP Narowski Jun 25, 2019 ▶ 13:01 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019
What-if
Narowski says early VC funding could have made Karma CRM mainstream
“Had I done that early on, like, you know, kind of the typical rounds, not necessarily a small angel round we took and was able to really add gas to the fire five years ago, I think we could easily be one of the, you know, the common household names and people …”
JP Narowski Jun 25, 2019 ▶ 16:46 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019
Insight
Narowski: General CRM market is too saturated; niche targeting is easier
“We kind of realized that the general CRM market is so saturated that it's hard to kind of compete in that space. So it was a lot easier for us to pick a niche, serve them really well. You know, it's puts a face to a customer much more than quote unquote, small…”
JP Narowski Jun 25, 2019 ▶ 3:31 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019 neutral
Disclosure
Narowski: Would likely reject $500k cash offer for Karma CRM
“Probably not half a million, but I definitely, you know, be willing to chat with people about it. You know, it's something that we've always kept on the table.”
JP Narowski Jun 25, 2019 ▶ 15:05 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019
Assertion Not checkable as stated
Narowski: Karma CRM has scaled past 600 customers
“So we are over 600 customers.”
JP Narowski Jun 25, 2019 ▶ 3:57 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019
Assertion Not checkable as stated
Narowski: Karma CRM customer LTV ranges from $1,000 to $1,500
“Yeah, yeah, that's right. It varies between, you know, a 1015 hundred.”
JP Narowski Jun 25, 2019 ▶ 10:56 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019
Assertion Not checkable as stated
Narowski: Karma CRM maintains 5% monthly customer churn
“Five percent.”
JP Narowski Jun 25, 2019 ▶ 10:28 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019 neutral
Disclosure
Narowski: Karma CRM Targets $300 to $400 CAC
“So it varies, very varies a lot based on if it's organic or if it's not, but our target is about three, 400.”
JP Narowski Jun 25, 2019 ▶ 7:15 1431 CRM for Speakers Passes $30k in MRR
Jun 25, 2019
Disclosure
Narowski: Karma CRM focuses specifically on professional speakers
“We're currently focusing on professional speakers. So more of a niche CRM.”
JP Narowski Jun 25, 2019 ▶ 3:02 1431 CRM for Speakers Passes $30k in MRR
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