Paperless Pipeline

“What happens is I created a feature where if you hovered over the link of the PDF, it would instantly create a preview so they could look at that document without having to click, without having to download. That doubled the cost of our hard drive space becaus…”

“Well average monthly revenues around 180 to 185,000.”

“1460 ish.”

“So I got the D I got the project built for eight grand as little as I could. The product was in his hands for 8000 dollars. I spent eight grand to build the product.”

“With PayPal's pipeline, the way that I built that and found that idea was I just went into the market. And essentially asked people what's the software product that you've been using or looking for years, but it's just not meeting the needs that you have.”

“I spend less than an hour a year on it cause I've got a great CEO and I told him, listen, if you make 25% profit margins, you can do whatever you want.”

“And then I started one as paperless pipeline.com is my biggest, which We'll do 2.1 million or more this year”

“All of my competitors were selling is it's transaction management software. So all of my competitors, they were selling transaction management software. But what I did is I sold how to build a mobile office, how to reduce your overhead.”

“I gave him 10% equity. But I gave him that after year three. There was never any talk about equity until about year three.”