The Top Entrepreneurs In Money, Marketing, Business And Life

EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

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Sinopsis

Steli Efti, CEO and founder of Close.io. Listen as Steli talks about how he uses sales and communication to his company’s advantage and why he won’t disclose their churn rate—his answer WILL surprise you. Famous Five: Favorite Book? – The Paypal Wars What CEO do you follow? – N/A Favorite online tool? — Evernote Do you get 8 hours of sleep?— Yes If you could let your 20-year old self know one thing, what would it be? – “I wish I knew how to manage my own emotions and focus on consistency”   Time Stamped Show Notes: 01:23 – Nathan introduces Steli to the show 01:52 – Steli’s entrepreneurial power is in sales and communication 02:02 – Close.io is Steli’s biggest success 02:15 – There are less than 20 people in the team 02:21 – Steli is competing with massive organizations 02:40 – They launched their first product in 2013 02:56 – First year revenue is $ 200,000 03:10 – They started as a services business 04:08 – There’s a common pattern with SaaS companies building product 04:45 – Close.io is a CRM 04