Jordan O'Connor discusses past inbound acquisition offers for Closet Tools during his conversation with Nathan Latka.
0:00 / 0:09exact quote · 9.6s
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“I did get some offers several months ago, but I was making, you know, 20 K. They wanted like, they wanted to do like 600 K or something like that.”
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More from Jordan O'Connor
Insight
SEO beats social ads for stigmatized automation tools
“If you try to advertise on social media, you get eaten up. These people are in the comments like, this is garbage, like you're a bot, like nobody likes you. But by ranking on SEO, you're just getting the people that are looking for the thing that you're alread…”
Jordan O'ConnorAug 4, 2020▶ 8:39Closet.Tools 1 Man Show, $250k Profits, $360k in Revenue, Wow!
Disclosure
Closet Tools won't raise venture capital due to limited market size
“I don't think so. I think I would only ever sell, really. I think the market's very it's not huge.”
Jordan O'ConnorAug 4, 2020▶ 11:20Closet.Tools 1 Man Show, $250k Profits, $360k in Revenue, Wow!
Disclosure
Closet Tools founder prefers remaining solo operator over hiring a team
“Especially because I am, you know, just one person, you know, and I don't really want to hire a team. I would much rather just be me. It's much less responsibility on my end.”
Jordan O'ConnorAug 4, 2020▶ 15:25Closet.Tools 1 Man Show, $250k Profits, $360k in Revenue, Wow!
AssertionNot checkable as stated
Closet Tools reaches roughly $28,000 in monthly recurring revenue
“I mean, I have annual subscriptions. It's 250 a year. So I'm at like 28 K.”
Jordan O'ConnorAug 4, 2020▶ 7:59Closet.Tools 1 Man Show, $250k Profits, $360k in Revenue, Wow!
Disclosure
Closet Tools spends $3,000 monthly on Google Ads
“I actually don't do a lot of tracking, but I do about three K and Google ads. So it's all those same keywords that I rank for SEO wise. I'm still, I'm doubling down on those and running ads on those too.”
Jordan O'ConnorAug 4, 2020▶ 12:01Closet.Tools 1 Man Show, $250k Profits, $360k in Revenue, Wow!
AssertionNot checkable as stated
Closet Tools generates $20,000 to $25,000 in monthly net profit
“So yeah, 20, 25, something like that.”
Jordan O'ConnorAug 4, 2020▶ 16:43Closet.Tools 1 Man Show, $250k Profits, $360k in Revenue, Wow!
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