Kontentino maintains monthly revenue churn below 2%
Bohumil Pokštefl · 3 things this $2m revenue bootstrapper would do differently · Apr 27, 2022 · at 7:29
Bohumil Pokštefl, CEO of Kontentino, shares SaaS retention metrics for the company.
0:00 / 0:04exact quote · 4.9s
720p mp4 · rendered on demand · StarZero watermark
“We have, ah, below two percent, ah, revenue monthly churn rate.”
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 Bohumil Pokštefl
Pokštefl: Hiring a COO from the outside is very hard
“Because I think that hiring a COO from the outside works, but I found it kind of very hard, and you need to be fortunate to find someone who you would click immediately that you would feel that, ok, this is the partner I wanna work with.”
Pokštefl: Bootstrappers suffer from lack of guidance compared to VC founders
“With that being said, there's one disadvantage, I believe, what all bootstrappers have. We're kind of like a lonely wolves, you know, we don't have any experienced board of directors, sometimes we don't have many people we could talk with, and this is like com…”
Pokštefl: Scaling a team solely with junior employees stalls company execution
“So, the passionate people can help you start. They can help you build a foundation, the base, build a culture, but all of a sudden when you have 15 people who are all juniors with zero experience, you get yourself into a problem, because you are spending hundr…”
Pokštefl: Experienced hires deliver immediate results with minimal management oversight
“The experienced people, you just give them the OKRs, the goals, the rocks, whatever management methodology you use, and they will just report to you. They will bring the results immediately. That's the big difference, one of the biggest differences between hav…”
Pokštefl: Kontentino spent years failing to develop original developer into CTO
“The CTO was very talented, great software developer, but he didn't have what it takes to be a good leader. A good CTO. He didn't have the strategic mindset about things. He didn't really understand the scalability for technology and stuff like that, and we spe…”
Pokštefl: Employees can grow horizontally as experts rather than managers
“The point here is that people usually think in organization that the only way how they can grow in your organization is vertically. So when they are three years in your company, they're expecting that they will be a team leaders and managers. You know, it does…”