In this episode of the Cashflow Show, Scott and Nikole dive into the foundational aspects of SaaS startups in the first part of their three-part series. They explore different business models, essential metrics, and terminologies that are crucial for understanding and advising tech companies. From customer acquisition costs (CAC) to monthly recurring revenue (MRR), this episode is packed with insights for small business owners and advisors looking to navigate the complexities of the tech startup landscape. Tune in to learn how to manage your finances and scale your business effectively.
Chapters:
00:00 Introduction
01:15 Understanding Different Business Models
02:02 Key Terminology for SaaS Startups
04:20 Funding Stages: Friends, Family, and Fools
07:11 Understanding SAFE Notes
11:57 Series A Funding and Beyond
14:36 Burn Rate and Runway
19:14 Customer Acquisition Cost (CAC)
23:21 Bonus Terms: MRR, ARR, and NRR
27:59 Conclusion
⬇️Videos Referenced⬇️
Episode 25 - How to Measure Your Marketing Dollars: Part 2 Understanding CAC
(https://youtu.be/IyDPGrq2rPM)
🔗 Connect With Us On Linkedin! 🔗
Nikole Mackenzie
📎 https://www.linkedin.com/in/nikolemackenzie/
Momentum Accounting
📎 https://momentumaccounting.com/
Scotty OKR Scarano
📎 https://www.linkedin.com/in/scottscarano/
Padgett NC
Accounting High
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