Vlog #35: Revenue Update (3x Growth in 1 Month)

Today we update you on our revenue, which has grown 3x since the beginning of Techstars.

Full Transcript: Ryan: Good morning Wagoneers, it is August 4 welcome you guys. If you guys are new here my name is Ryan Shank, we're building the company bone wagging it from the ground outdoor blogging seven days a week. We’re sharing all of our learning with you guys so that you can follow along. Hopefully pick up some advice, give us some advice in the comment but we're doing it all, no outside funding, we’re bootstrapped. We’re going through TechStars which is what that is in New York City and I hope you guys are out there working hard being Pioneers, being Wagoneers; welcome to about vlog. ...to the spacing...he wasn't just like curious [??? 0:42] [...go, write the address] That’s it. [print it out...hand it to him...like...] - I have my...scale…..like yow am gonna need that Googled up.  $12,500 to acquire $4,000 in revenue. [??? 1:16] I’ll have you - up by the end of the day today, I’ll shoot you an email and then...figure out next steps. [Thanks, appreciate it man.] Good-- yeah thanks for...so...I start talking with him last night and he said you could be a good fit for us. [??? 1:46] And then analytics is more like weekly, monthly kind of just ho-- looking forward to having you guys on board. So this guy he saw that Rand Fishkin from the CEO of seoMoz shared my article kissmetrics. He saw it on Twitter like a while ago that he shared it and then he just like came to the site today because he needed it for call tracking for one of his - clients and I'm like 92% two sure he's gonna sign up. Alright guys we are finishing out the week, we still have the entire New York office team in the office - seven o'clock Friday August 4th. We're going to go over weekly metrics in a second, we're going to flip we're going to jump to something back here…. But we're just going to go over everything, it was a pretty good week but it wasn't as good a week as I wanted to have in terms of like revenue we've - 5K in MRR. So that's like a pretty big milestone and other than that we're going to update you guys. ...the fuck is the button. Is this thing on. I got something to say I need to talk to you. I need to talk - a little bit so it's about to hit seven o'clock Friday; this is I think like week five of TechStars. So I want to update everyone on our progress, we're at five thousand ninety dollars in monthly recurring revenue MRR. Three weeks ago we were at like 2500 in MRR’s; we're adding about a thousand dollars a week. This week became a little short, we only added around seven hundred dollars in MRR. Although this week we added ten new paying customers which is our biggest week so far in terms of count of customers. Products wise like Mike has been like absolutely killing it, he’s like a life saver, he’s taking so much on my plate because he is one he’s able to...manage...entire product. All the engineers now report up to him so I’m not spending my time like giving like constant feedback. He's super organized, he have everything in like Trello boards and he's also a designer so he's owning product, plus he’s design, plus he's like managing the dev team which is insane to get that level of talent all in one human; so that's amazing. Hope you guys have a great weekend I really appreciate you following the blog. If you guys are new here my name is Ryan Shank. This is the journey building phone wagon from the ground up, no outside funding, completely bootstrap. We're going through TechStars in New York City. Hope you guys are out there working hard, being Pioneers, being Wagoneers. Peace. [Mike how do you feel about what Ryan just said about you?]Mike: [??? 5:09][No, but how do you feel about it?]Mike: ...about me-- Ryan: [??? 5:14] [...they’re putting us in a category right along with other services I do] Ryan: Like Excel -- PPC management ,you're gonna get charged a fee for that, you’re going to get yeah exactly. [So when they say that you should like call that out and be like no we're not a service that you sell to your clients cause that's what they’re…. [this is like, yeah] This is something that helps you get more value from your clients and help you more efficiently like figure out what to do for your client. Yes I do.] Ryan: But that's why I'm like also not happy with the Facebook stuff either...we’re spending like hella money and like no signups like when I was doing it myself with a simple ass landing pages was being sign up for that thing is like maybe we can just go back to some like regular - legion page; maybe a demo request, call-to-action; things like that. Like we can just like get over the phones. ...duration [I guess..I mean he’s...] [laughs] [I mean who would I say that to] ...got that on the vlog, that was -- I was recording, that was awesome. This is why you should always be recording catch - like that. He's been a video guy his whole life…[laughs] I'm not laughing at you, I'm laughing because it’s funny. [...I just Googled... a little issue] I was like - knows - crazy...heard of duration like what is that? That must be some like deep shit like way in there. - who knows like meta tag. 10:40 on Friday, they’re cleaning the place…. Alright so we just closed this was really cool. I think you guys we've got a little vlog but I feel like I kind of forget what we've - what's just real life and then I want to like just say it again whoa. Alright guys we just had an amazing day out amazing week things are going pretty well. I'm trying to just get ready for the new hires coming up next week in the new - and I am out of here. It's kind of cool in there but if you guys are new here I really appreciate you following along and joining us for this journey. My name is Ryan Shank this is the journey, we're building phone wagon, it's a SAS company from the ground up; no outside funding completely, bootstrap. We go hard seven days a week, we're vlogging the entire thing; we're putting out a ton of content so people can follow along the journey and hopefully get a lot of value out of it. Hope you guys are out there working hard being Pioneers, being Wagoneers, peace.