GrowSurf co-founder Kevin Yoon discusses the unit economics of offering phone support to SaaS customers.
0:00 / 0:09exact quote · 9.2s
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“What's the minimum number where having like, say like a dedicated CSM or kind of Salesforce makes sense where you're having calls. And that's like 700.”
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More from Kevin Yoon
Disclosure
Kevin Yoon: GrowSurf intends to stay bootstrapped without raising capital
“Definitely staying bootstrapped. No plans, but you know, I don't want to say like, you know, we would never raise, but.”
Kevin YoonMay 21, 2021▶ 6:11Referral Program Software Growsurf Bootstrapped to $26k/mo in Revenue, Pricing Page Secrets
AssertionNot checkable as stated
Kevin Yoon: GrowSurf reaches $26,000 in MRR
“MRR is 26,000.”
Kevin YoonMay 21, 2021▶ 3:10Referral Program Software Growsurf Bootstrapped to $26k/mo in Revenue, Pricing Page Secrets
AssertionNot checkable as stated
Kevin Yoon: GrowSurf has never experienced a down revenue month
“We never had that. We've had like stagnant months, but like, Hey, can we hit a down month?”
Kevin YoonMay 21, 2021▶ 7:40Referral Program Software Growsurf Bootstrapped to $26k/mo in Revenue, Pricing Page Secrets
Disclosure
Yoon: GrowSurf plans a future price increase to reach market rates
“In the future, I do foresee, you know, a price increase just because, you know, we're still not at market in order for us to just be like a sustaining business things have to make sense.”
Kevin YoonMay 21, 2021▶ 10:15Referral Program Software Growsurf Bootstrapped to $26k/mo in Revenue, Pricing Page Secrets
AssertionNot checkable as stated
Yoon: GrowSurf monthly customer churn averages 8% to 9%
“Churn is definitely something I'm not, you know, satisfied at all with. So it's around eight percent, eight to eight to nine percent on average.”
Kevin YoonMay 21, 2021▶ 10:32Referral Program Software Growsurf Bootstrapped to $26k/mo in Revenue, Pricing Page Secrets
AssertionNot checkable as stated
GrowSurf: automatic tier upgrades drive a large portion of revenue growth
“So we have auto upgrades on which is the cool part. That's what a lot of our growth comes from two of just customers naturally kind of, you know, growing.”
Kevin YoonMay 21, 2021▶ 12:03Referral Program Software Growsurf Bootstrapped to $26k/mo in Revenue, Pricing Page Secrets
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