Assertion certainty 4/5 debate potential 1/5

Checked operates with an eight-person team across sales, development, and administration

Tom Erik von Krogh-Martinsen · 1665 How He's Using Government Loans to Build $50k MRR Visual Communication Tool for Construction Teams · Feb 14, 2020 · at 9:57

Tom Erik von Krogh-Martinsen, founder and CEO of Checked, discusses the company's internal headcount breakdown.

0:00 / 0:12exact quote · 12.2s
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“We are eight people so there is one and a half on sale and three on development and product development one on customer success, and two in the administration.”

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More from Tom Erik von Krogh-Martinsen

Insight
Von Krogh-Martinsen: Every SaaS pricing model is always wrong for someone
“There's one thing I learned about price models and that's no matter what you do with it, it's always wrong for someone.”
Tom Erik von Krogh-Martinsen Feb 14, 2020 ▶ 5:00 1665 How He's Using Government Loans to Build $50k MRR Visual Communication Tool for Construction Teams
Disclosure
Checked prices its software per department rather than per user seat
“So right now the, we don't care about how many users you have or how many projects you have. We are basing it on on the company or the departments in the company. So if you have three departments with different organization numbers, then it's three licenses. S…”
Tom Erik von Krogh-Martinsen Feb 14, 2020 ▶ 5:13 1665 How He's Using Government Loans to Build $50k MRR Visual Communication Tool for Construction Teams
Assertion Not checkable as stated
Checked nearly doubled its monthly revenue from $25k to $50k year-over-year
“A year ago, we were at about half that. So we have almost doubled this year.”
Tom Erik von Krogh-Martinsen Feb 14, 2020 ▶ 5:46 1665 How He's Using Government Loans to Build $50k MRR Visual Communication Tool for Construction Teams
Disclosure
Checked has spent approximately 10 million NOK in total capital
“And I would say that we have spent about ten million Norwegian crowners.”
Tom Erik von Krogh-Martinsen Feb 14, 2020 ▶ 7:37 1665 How He's Using Government Loans to Build $50k MRR Visual Communication Tool for Construction Teams
Disclosure
Checked secured a 4M NOK loan with a 75% government guarantee
“So we just took a loan of four million Norwegian crowners and we wouldn't be able to do that without security. So there is the government program that actually stands for 75% of the security of that loan.”
Tom Erik von Krogh-Martinsen Feb 14, 2020 ▶ 8:41 1665 How He's Using Government Loans to Build $50k MRR Visual Communication Tool for Construction Teams
Assertion Not checkable as stated
Checked sees newer clients expand their monthly spend by 50%
“So we see more and more clients now. Going from 4000 Norwegian a month and up to 6000 Norwegian a month. So that's about like a 50% increase on the newer clients now.”
Tom Erik von Krogh-Martinsen Feb 14, 2020 ▶ 12:46 1665 How He's Using Government Loans to Build $50k MRR Visual Communication Tool for Construction Teams
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