Disclosure certainty 4/5 debate potential 1/5

Renouf plans to make Logology passive and pivot if scaling fails

Dagobert Renouf · Husband Wife Team Goes From Almost Dead to 100 Customers · Jun 28, 2021 · at 12:13

Logology co-founder Dagobert Renouf explains his contingency strategy if his automated branding company fails to scale distribution.

0:00 / 0:13exact quote · 13.9s
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“And if at some point I can, cannot get bigger, what I will do is I will make it into more like a passive thing. So that's still running. That still makes some revenue, you know, from selling logos from time to time. And then I will indeed pivot.”

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More from Dagobert Renouf

Disclosure
Renouf earned 5,000 to 6,000 euros monthly before quitting to bootstrap
“I was already, I was like 80% of the time because I already negotiated wanting to work a bit on a side project. And I was making, I think that was five or 6000 euros a month.”
Dagobert Renouf Jun 28, 2021 ▶ 2:57 Husband Wife Team Goes From Almost Dead to 100 Customers
Assertion Not checkable as stated
Renouf: Logology generated roughly $6,000 in revenue from its first 100 sales
“Cause I didn't, I don't have it precisely, but I think it's probably 6000, something like that. Yeah. With the, because we changed price multiple times.”
Dagobert Renouf Jun 28, 2021 ▶ 6:07 Husband Wife Team Goes From Almost Dead to 100 Customers
Disclosure
Renouf: Wife and co-founder takes side gigs to fund Logology
“Now my co-founder, so my wife, she's starting to take a few, you know, side gigs, but that's mostly how we run it now.”
Dagobert Renouf Jun 28, 2021 ▶ 8:29 Husband Wife Team Goes From Almost Dead to 100 Customers
Disclosure
Renouf: Insurance payout extended Logology's runway by 3 to 4 years
“I mean, my savings, when I started, I had like two years and it added like three to four years.”
Dagobert Renouf Jun 28, 2021 ▶ 10:44 Husband Wife Team Goes From Almost Dead to 100 Customers
Disclosure
Renouf: Logology plans to eventually pivot into offering landing pages
“For now for now it's just a logo. That's actually the pivot idea is to do landing pages, but we're not doing that now.”
Dagobert Renouf Jun 28, 2021 ▶ 15:16 Husband Wife Team Goes From Almost Dead to 100 Customers
Disclosure
Renouf: Logology bought back departed third co-founder's 25% equity stake
“We had given him a 25%. And then we, but then when he left, like we bought it back.”
Dagobert Renouf Jun 28, 2021 ▶ 16:09 Husband Wife Team Goes From Almost Dead to 100 Customers
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