Alex Mehr, co-founder of MentorBox, discusses unit economics and acquisition metrics with Nathan Latka.
0:00 / 0:05exact quote · 5.0s
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“It's actually, I can tell you it's like,
Sub hundred.”
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 Alex Mehr
Insight
Alex Mehr: Co-founders should split equity equally in partnerships
“I actually believe in equal partnerships.”
Alex MehrMay 2, 2017▶ 11:41647: Tai Lopez Owns 50% of $89/mo MentorBox.com, 800 Units, $80k In Initial Test for Self Help Box with CEO Alex Mehr
Disclosure
Mehr: MentorBox month-over-month retention is well above 70%
“Oh, more. Way more.”
Alex MehrMay 2, 2017▶ 14:09647: Tai Lopez Owns 50% of $89/mo MentorBox.com, 800 Units, $80k In Initial Test for Self Help Box with CEO Alex Mehr
AssertionContradicted
Mehr: $89/mo subscription businesses typically see 40-50% month-one churn
“Most subscription businesses around this price point would lose 40, 50% of their customers on month one. Month one is the highest churn.”
Alex MehrMay 2, 2017▶ 14:37647: Tai Lopez Owns 50% of $89/mo MentorBox.com, 800 Units, $80k In Initial Test for Self Help Box with CEO Alex Mehr
AssertionPartly supported
Mehr: Zoosk reached $200M in revenue before filing for IPO
“Yeah, 200 actually.”
Alex MehrMay 2, 2017▶ 1:47647: Tai Lopez Owns 50% of $89/mo MentorBox.com, 800 Units, $80k In Initial Test for Self Help Box with CEO Alex Mehr
AssertionPartly supported
Mehr: Zoosk lost around $10M on $200M top-line revenue
“Not a lot. Like, I want to say maybe ten million.”
Alex MehrMay 2, 2017▶ 5:43647: Tai Lopez Owns 50% of $89/mo MentorBox.com, 800 Units, $80k In Initial Test for Self Help Box with CEO Alex Mehr
Disclosure
Mehr: Initial MentorBox test generated about $80,000 in sales
“The first test that we did the two of us, we were able to sell, I think, 80,000 dollars worth of the product.”
Alex MehrMay 2, 2017▶ 12:56647: Tai Lopez Owns 50% of $89/mo MentorBox.com, 800 Units, $80k In Initial Test for Self Help Box with CEO Alex Mehr
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