Insight certainty 4/5 debate potential 2/5

Boggs: Converting a services business to SaaS is harder than growing it

Eric Boggs · EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs · Jan 19, 2017 · at 9:46

Eric Boggs, founder and CEO of RevBoss, reflects on the operational hurdles of pivoting an agency model into a SaaS company.

0:00 / 0:09exact quote · 9.9s
720p mp4 · rendered on demand · StarZero watermark
“Turns out building a services business is pretty easy. Growing a services business is really, really hard. And then turning that services business into a SaaS business is even harder.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Eric Boggs

Insight
Boggs: Early-stage deal terms matter far more than headline valuation
“Yeah, and I think the lesson I learned from Argyle is that the price doesn't really matter all that much. I mean, it matters, right? You don't want to sell 50% of your company that early, but there's sort of a range for what's reasonable. As long as you can ge…”
Eric Boggs Jan 19, 2017 ▶ 13:55 EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs
Opinion
Boggs: Outreach and SalesLoft lead pure-play sales prospecting software
“I think on the like pure play sales prospecting software, sales loft and outreach, probably outreach than sales loft are the sort of clear leaders”
Eric Boggs Jan 19, 2017 ▶ 8:25 EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs
Insight
Boggs: $1,000 in recurring SaaS revenue beats $3,000 in services revenue
“That a thousand dollars in recurring SaaS revenue is actually a lot more valuable than the 3000 dollars in services revenue”
Eric Boggs Jan 19, 2017 ▶ 10:38 EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs
Disclosure
Boggs: RevBoss struggles with outbound sales despite selling outbound tools
“And, you know, oddly enough, as you know, a company that enables other companies to build pipeline without bound sales, we have really sucked at outbound sales.”
Eric Boggs Jan 19, 2017 ▶ 16:38 EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs
Assertion Not checkable as stated
Boggs: Argyle Social returned 60 to 70 cents on the dollar
“I mean, it was probably somewhere between 60 and 70 cents on the dollar.”
Eric Boggs Jan 19, 2017 ▶ 3:39 EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs
Disclosure
Boggs: RevBoss raised a $1.1M equity seed round for software development
“We raised a seed round a year ago. We raised 1.1 million dollars and almost all of that has been plowed into software development and.”
Eric Boggs Jan 19, 2017 ▶ 12:39 EP 544: RevBoss $700k 2015 Revenue, Now $90k MRR to Help Customers Drive Revenue with CEO Eric Boggs
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.