Assertion certainty 4/5 debate potential 1/5

Parker: Our outbound sales rep nearly covered his annual salary in six weeks

Amanda Parker · EP 350: Toronto Based SaaS Doing $25k MRR with 10 Clients with Amanda Parker · Jul 9, 2016 · at 7:01

Amanda Parker, CEO of Simply Insight, breaks down the company's customer acquisition strategy and sales representative economics.

0:00 / 0:14exact quote · 14.9s
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“We're, so right now everything is outbound sales, so that's my sales guy's salary is essentially what we're paying, so he, he's pretty, almost close to have paid for himself for the year, and he's been around about six, six weeks now.”

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Parker: Consulting builds marquee logos that boost enterprise SaaS sales
“Even if you don't necessarily have an agency model, even doing some consulting in the space that you think that there's a problem in gives you a really good entrance. And I mean, those kind of names definitely help in fundraising and absolutely help when other…”
Amanda Parker Jul 9, 2016 ▶ 7:45 EP 350: Toronto Based SaaS Doing $25k MRR with 10 Clients with Amanda Parker
Assertion Not checkable as stated
Simply Insight intentionally cut $10,000 in MRR by firing low-tier accounts
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Amanda Parker Jul 9, 2016 ▶ 9:08 EP 350: Toronto Based SaaS Doing $25k MRR with 10 Clients with Amanda Parker
Disclosure
Simply Insight raised on a convertible note with zero discount and interest
“No, it's a little bit more simple than that, so we're just doing a cap and no discount, no interest.”
Amanda Parker Jul 9, 2016 ▶ 12:19 EP 350: Toronto Based SaaS Doing $25k MRR with 10 Clients with Amanda Parker
Disclosure
Parker: Simply Insight presold client contracts before having a product
“Signed on our first client contracts before we actually even had a product, ah, in market.”
Amanda Parker Jul 9, 2016 ▶ 3:57 EP 350: Toronto Based SaaS Doing $25k MRR with 10 Clients with Amanda Parker
Assertion Not checkable as stated
Parker: Simply Insight is growing at least 20% month-over-month
“So, so we're growing at least 20% month over month.”
Amanda Parker Jul 9, 2016 ▶ 5:35 EP 350: Toronto Based SaaS Doing $25k MRR with 10 Clients with Amanda Parker
Assertion Not checkable as stated
Parker: Simply Insight expects $20k to $35k MRR this month
“Sure, so we're, we'll be expecting this month somewhere between, like, 20 and 35 K.”
Amanda Parker Jul 9, 2016 ▶ 6:02 EP 350: Toronto Based SaaS Doing $25k MRR with 10 Clients with Amanda Parker
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