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SaaS Interviews with CEOs, Startups, Founders

What if you knew data behind the fastest growing SaaS companies today? Each morning join Nathan Latka as he spends 15 minutes interviewing SaaS founders. You'll learn how SaaS CEO's launched their startup and grew it into a business. SaaS Founders range from bootstrapped to funded, MVP to 10,000 customers, pre revenue to pre IPO.
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Now displaying: Page 1
Jul 28, 2016

Anant Kale, cofounder of AppZen. Anant had a job that paid him $200000 a year when he decided to go off on his own and start a business. Hear the success story of his artificial intelligence software which has “transformed the back office” for companies everywhere.

Famous Five:

 

  • Favorite Book? – Who Says Elephants Can’t Dance
  • What CEO do you follow? — Elon Musk
  • Favourite online tool? — Rapportive and Calendly
  • Do you get 8 hours of sleep?—No
  • If you could let your 20 year old self know one thing, what would it be? — Start a business earlier than you think you should.

Time Stamped Show Notes:

  • 01:25 – Nathan introduces Anant Kale
  • 01:55 – AppZen uses artificial intelligence software in offices
  • 02:45 – It detects information on employees and statistics automatically
  • 03:30 – Founded in 2013
  • 04:00 – 2015 revenue was just under $1 million
  • 04:45 – They have 22 customers
  • 05:00 – Average contract price is $150000
  • 05:20 – Capital raised is $14 million
  • 06:10 – 14 people on the team
  • 06:40 – No churn so far
  • 07:15 – Average customer acquisition cost is very low
  • 08:15 – Too early for lifetime value
  • 09:05 – Evaluation for the company
  • 10:15 – Goal is to double revenue in 2016
  • 13:00 – Anant is a cofounder
  • 13:50 – The company was split according to responsibilities and contributions
  • 14:40 – He always wanted to really build a company on his own
  • 16:00 -- The Famous Five

3 Key Points:

  • Don’t put off starting your own business.
  • A large salary doesn’t mean that you will be satisfied with your job.
  • If you have an entrepreneurial spirit, follow that desire.

Resources Mentioned:

  • Freshbooks – The online tool Nathan uses to keep track of receipts
  • Hostgator – The program Nathan uses for his website
  • Rapportive and Calendly – Anant’s favorite online tools
  • Show Notes provided by Mallard Creatives

 

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