1433 Can You Run 2 $1.5m ARR Companies At Same Time?

Michael Kamleitner is the CEO of Walls.io (https://walls.io/)

🕒 Time Stamped Show Notes:

00:00 – Nathan's introduction to today's show

0:40 – How he runs two companies of roughly the same size

1:00 – Why they've built Walls.io as a social media marketing tool

1:45 – How the average customer pays around $225 today

2:20 – Why they launched the company in 2014 and bootstrapped thus far

2:40 – How 500 customers are using their product today

3:50 – Why they are doing around $110k in MRR

4:05 – How they've grown 70% from around $70k in MRR twelve months ago

4:45 – Why churn is naturally high

6:55 – How he made the decision to run two companies in parallel

8:55 – Why their other product is an enterprise social media scheduling tool

9:15 – "Would you sell for $3M today?"

9:45 – How he is interested in spliting the company and raising capital

10:25 – Why they are having success in content marketing and paid advertising

11:45 – How they are paying around 100 euros to land a new customer

12:20 – Why they aren't spending more money on paid acquisition

12:55 – How their team is headquartered in Vienna

13:30 – The Famous Five