Opinion
Zenhom: Webinar software competitors over-promise and ship unstable features
“One of the biggest problems with other, our competitors is that they over-promise and under-deliver with the technology. It's not stable enough. They've released features that don't really work yet.”
Assertion Not checkable as stated
Zenhom: Webinar Ninja acquires SaaS customers for just $3.20 each
“Currently our acquisition cost for a customer is actually not too high because we have more of a long-term view. We spent about three dollars and 20 cents per customer.”
Assertion Not checkable as stated
Zenhom: Webinar Ninja generates $7.7 million in ARR
“So we're at 7.7 ARR right now.”
Insight
Zenhom: Hosting bi-weekly product update webinars for customers reduces SaaS churn
“And then I do every two weeks I do a webinar as well for our members, which is just open Q and a, as well as exploring and showing them the new features that released that last month. And it's also helps reduce churn is to get people to understand that, Hey, b…”
Disclosure
Webinar Ninja paused all paid ads for six months to focus on SEO
“We actually have stopped doing paid ads for the last six months.”
Assertion Not checkable as stated
Zenhom: WebinarNinja grew 180% year-over-year in the past 12 months
“It's been a 180% this last year.”
Assertion Partly supported
Zenhom: Only 1% to 1.5% of podcasts have enough downloads for sponsors
“About one percent, maybe around 1.5% of podcasts out there are able to take on sponsors because of their numbers.”
Disclosure
Zenhom: Webinar Ninja will stay bootstrapped and reject venture capital
“I don't really believe the need for it. I don't have any need for it. Like I don't, I'm happy the way it is. I'm happy growing slow. I don't really want to blow up because I just enjoy my job right now. You know, I'm sure you're familiar with like Derek Sivers…”
Assertion Not checkable as stated
WebinarNinja grew to over 12,800 paid users in four years
“So we took it from 250 users in 2014 to today. Almost hitting 13,000, not here or there yet, but a little bit over 12,800 users.”
Assertion Not checkable as stated
Zenhom: Webinar Ninja revenue grew over 250% since March 2016
“We grown from that last talk, I was just looking at some of my numbers, over 250%.”
Assertion Not checkable as stated
Zenhom: Webinar Ninja's monthly logo churn is 4.1%
“So churns at 4.1, which is not bad.”
Assertion Not checkable as stated
Zenhom: An 8,000-word blog post generated over 1,000 sales in two months
“I calculated how many sales we got just from that blog post. And we got over a thousand sales off two months of just a blog post.”
Assertion Not checkable as stated
Zenhom: GetHuman offers unadvertised vendor rate negotiation for 15% of savings
“They're a website that help you get like a human on the phone to any company, but they, if you email them, they have a service that they don't advertise. They have a service where they'll do all that legwork for you and negotiate all your rates. And they'll, a…”
Disclosure
Zenhom: The $100 MBA Show makes $15k to $16k monthly in sponsorships
“So about per month right now, we're cracking around 15 to 16,000.”
Disclosure
Zenhom: Webinar Ninja overhauled infrastructure to leave Google Hangouts in Feb 2016
“Recently in February we did a major update to Webinar Ninja software.
It was it was an overhaul basically, and we moved away.
Nathan Latka: February,
Omar Zenhom: it was February 11, actually.
Omar Zenhom: February 11, 2000 15.
Omar Zenhom: Oh, 15.
Omar …”
Assertion Not checkable as stated
Webinar Ninja reaches roughly 2,500 total lifetime customers by March 2016
“So, right now, total customers from the start were at roughly 2500.”
Assertion Not checkable as stated
Webinar Ninja generates roughly $115 monthly ARPU
“Roughly 115 dollars.”
Assertion Not checkable as stated
Webinar Ninja recorded approximately 6.8% to 6.9% monthly churn in early 2016
“Like, I was just looking at my numbers from February to, I'm sorry, it was from January to February, it was about 6.9%, 6.8%.”
Assertion Not checkable as stated
Zenhom: Webinar Ninja operates on approximately $20,000 per month in total costs
“I mean, if I don't have my numbers out right now, but I would probably say offhand for webinar ninjas, it's probably close to 20, 20, 20,000 a month. With salaries.”
Assertion Not checkable as stated
Zenhom: Webinar Ninja spends around $35,000 annually on security and hardware
“Per year we pay around 3535 thousand. And that's just the hardware and the software and the maintenance”
Assertion Not checkable as stated
WebinarNinja Sold Out Initial 250 Pre-Sale Slots in 48 Hours
“We decided to pre-sell it for 250 users to see if You get any traction. People really looking for an alternative. And we sold out in 48 hours.”
Disclosure
Omar Zenhom: Webinar Ninja employs 30 full-time staff plus freelancers
“So we have 30 full-time employees. We have a couple of freelancers in addition to that, but we have 30 full-time.”
Disclosure
Zenhom: Midroll brokers 75% of The $100 MBA Show's sponsors
“I would say about 75% of our sponsorship spots come from mid-roll.”
