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Science of Skill

4 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jul 5, 2017 by Dan Faggella · said 17 times in 1 episodes since 2017 · across every show →

Mentions by year

brought up most by Nathan Latka (11), Dan Faggella (6)

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2017 17 mentions in 1 episode

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Everything said about Science of Skill, oldest first

Jul 5, 2017 positive
Disclosure
Faggella scaled Science of Skill via an unexpected, high-converting firearms audience
“For us, I've never owned a firearm in my life, but for some reason, the firearms market just, they bought our stuff. They bought our stuff hot. They bought our stuff heavy. They took the upsells. I can't tell you, but I was interested in getting an exit, so we…”
Dan Faggella Jul 5, 2017 ▶ 13:05 711: Bootrapping into Silicon Valley
Jul 5, 2017
Assertion Not checkable as stated
Faggella sold Science of Skill for $1M, a 3x net earnings multiple
“The multiple of net for us was like around three X in terms of bottom line. So I think, you know, 3:30 something in terms of net at the end of 2016 was multiplied by three and we brought ourselves to a little bit over a million dollars adding, well adding in i…”
Dan Faggella Jul 5, 2017 ▶ 14:25 711: Bootrapping into Silicon Valley
Jul 5, 2017
Assertion Not checkable as stated
Science of Skill reached nearly $2.5M in revenue using only Infusionsoft
“So I was with infusion soft with a martial arts gym to get it, you know, to a quarter million bucks. And then, you know, we got to shy of 10 times that size with the e-commerce business, all in infusion.”
Dan Faggella Jul 5, 2017 ▶ 7:07 711: Bootrapping into Silicon Valley
Jul 5, 2017 neutral
Disclosure
Science of Skill paid $50 affiliate commissions on $100 customer lifetime values
“So our CLV for our membership programs were like a hundred and can, a 120 bucks. So we paid affiliates 50 or 60 bucks on a front end sale. But we wouldn't make that money back sometimes for three or four months.”
Dan Faggella Jul 5, 2017 ▶ 9:40 711: Bootrapping into Silicon Valley
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