Assertion certainty 4/5 debate potential 3/5

Weobong: Upwards of 90% of people are unhappy with their LMS

Don Weobong · 1457 eLearning Company For Internal Teams in Kentucky Hits 1000 Customers, $600k MRR · Jul 21, 2019 · at 13:25

Don Weobong, founder of eLeap, explains high customer churn across the learning management software industry.

0:00 / 0:06exact quote · 6.5s

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“Traditionally it's upwards of 90% of people are not happy with their LMS.”

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The claim, plainly

Upwards of 90% of customers in the learning management system (LMS) industry are dissatisfied with their software.

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How this resolves

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Mentioned

eLeap learning management system

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Assertion Not checkable as stated

Competitor Triggered Google Manual Penalty Against eLeap With Fake Backlinks

“Well, a competitor basically Sent a bunch of fake links to us and then turned around and reported us to Google. And so they looked at it and were like, well, you guys have a bunch of bad links, and so we're gonna manually demote your rankings.”

Don Weobong Jul 21, 2019 ▶ 5:36 1457 eLearning Company For Internal Teams in Kentucky Hits 1000 Customers, $600k MRR

Assertion Not checkable as stated

Weobong: eLeap has about 5% monthly revenue churn

“I think we're looking at about five percent.”

Don Weobong Jul 21, 2019 ▶ 8:11 1457 eLearning Company For Internal Teams in Kentucky Hits 1000 Customers, $600k MRR

Assertion Not checkable as stated

Ten of eLeap's 15 Employees Are Dedicated to Outbound Sales

“10 of them doing outbound calls.”

Don Weobong Jul 21, 2019 ▶ 11:15 1457 eLearning Company For Internal Teams in Kentucky Hits 1000 Customers, $600k MRR

Disclosure

eLeap Customers Pay an Average of $1,000 Per Month

“On average, we have about a thousand per month. We start off at the low end of 25 employees, which is And then 25 dollars a month, but a sweet spot is, is about a thousand a month.”

Don Weobong Jul 21, 2019 ▶ 3:40 1457 eLearning Company For Internal Teams in Kentucky Hits 1000 Customers, $600k MRR

Assertion Not checkable as stated

Weobong: eLeap Has 1,035 Active Paying Corporate Customers

“We have right now actives a 1035 active companies.”

Don Weobong Jul 21, 2019 ▶ 4:10 1457 eLearning Company For Internal Teams in Kentucky Hits 1000 Customers, $600k MRR

Assertion Not checkable as stated

Weobong: eLeap Generates Around $600,000 Monthly SaaS Revenue

“Yes, the software. We do about. 600 or so a month.”

Don Weobong Jul 21, 2019 ▶ 4:46 1457 eLearning Company For Internal Teams in Kentucky Hits 1000 Customers, $600k MRR

Weobong: Upwards of 90% of people are unhappy with their LMS

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