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Steven Rhyne

Founder and CEO, ConveYour · 1 appearance on the record.

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founderexecutiveengineerLinkedIn ↗conveyour.com ↗

After becoming a Hall of Fame sales representative at Cutco, Stephen Rhyne taught himself to code and launched ConveYour, a microlearning and onboarding platform. His software helps direct sales, field service, and high-volume workforce organizations recruit, train, and retain reps.

11statements → 3claims → 0claims resolved → 4.09/5average certainty → 1.27/5average debate potential →

3 not checkable as stated how the 3 claims stand · each chip opens the sources

3 assertions · 3 insights · 5 disclosures · every statement was checked. The predictions and assertions are the 3 claims: statements the public record can support or contradict. 0 are resolved, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Steven argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Steven Rhyne on measured tape to publish a rate. This says nothing about how they speak.

Everything Steven Rhyne said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Insight
Rhyne: Traditional MOOCs Suffer Low Engagement Because of Format
“Typically like a WordPress, large MOOC with lots of units, and they had really bad engagement on those courses. Simply not because of how they built it, but because of The format.”
Steven Rhyne May 2, 2019 ▶ 4:26 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Insight
Rhyne: Micro-agencies offer immediate team cohesion over hiring individual freelancers
“I tend to like working with these micro agencies. So it's like one or two developers, maybe a designer developer team. They tend to work really well together. So you get that cohesiveness right off the bat, rather than trying to find your own designer, find yo…”
Steven Rhyne May 2, 2019 ▶ 10:05 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Insight
Rhyne: Choosing the right customers matters more for churn than product improvements
“I think the biggest thing, not just product improvements and onboarding and all that, but the customers that you hire.”
Steven Rhyne May 2, 2019 ▶ 11:12 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Disclosure
Rhyne: Conveyor shrunk customer base to 100 while moving upmarket
“I told customers have actually shrunk because we're going more up market. So we're only at about a hundred customers right now.”
Steven Rhyne May 2, 2019 ▶ 5:16 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Disclosure
Rhyne: Conveyor has reached about $845k in ARR
“So revenue ARR is about eight, 45.”
Steven Rhyne May 2, 2019 ▶ 5:36 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Disclosure
Rhyne: Conveyor has never taken debt, funding growth via customer profits
“We've never taken a debt, you know, debt or Borrowed any money. And then we've been funding this with the profits from our largest customers, so.”
Steven Rhyne May 2, 2019 ▶ 9:25 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Assertion Not checkable as stated
Rhyne: Conveyor's monthly net revenue churn averaged 7% in 2019
“And this year it's averaged seven percent.”
Steven Rhyne May 2, 2019 ▶ 11:04 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Assertion Not checkable as stated
Conveyor's CAC payback period is under one month
“Would you say it's like less than a month? Yeah, for sure.”
Steven Rhyne May 2, 2019 ▶ 12:44 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Assertion Not checkable as stated
Rhyne: Conveyor stood at roughly $500k ARR one year ago
“A year ago we were at about 500.”
Steven Rhyne May 2, 2019 ▶ 8:23 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Disclosure
Conveyor assumes a $20,000 enterprise customer LTV
“We usually use the 20 grand LTV for looking at our CAC costs.”
Steven Rhyne May 2, 2019 ▶ 13:19 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
Disclosure
Rhyne: 'Make It Stick' Heavily Influenced Conveyor's Product Direction
“Make it stick. It's a science of successful learning. So it's a great book that's in our field. And it's one of the ones that influenced us the most with the direction we went with convey your”
Steven Rhyne May 2, 2019 ▶ 13:57 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months

Appearances (1)

EpisodeDateSpeaking time
1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months May 2, 2019 7m
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