CrewPay Whatupdate No. 11
Hello, crew.
Team Accomplishments & News
- BAU
Product Accomplishments & News
- Admin dashboard data issues were fixed
- Scheduled payments was released
- Pricing plans and promotions and attaching businesses to pricing were released
- Matt set up Headway to share release notes: https://headwayapp.co/crewpay-release-notes
- Next up: ACH and pricing management
Sales, Marketing & Customer Success Accomplishments & News
- List building activities and campaign development
- Website design progress
Revenue & New Clients
- 9 transactions ($4.41 earned)
- $34,675 sent
- 0 new company, 1 new contractors added
- 17 companies, 7 active
- 63 contractors, 32 active
Totals:
- MRR: TBD
- ARR: TBD
- RPC: TBD
(not charging right now but it’s est. $160 based on 32 active x $5/mo)
Closing Thoughts
Bain & Company finished a study recently aimed to identify the key indicators of business success. It concluded that “narrower focus and concentration of resources on a single core business … proved the most frequent road to sustained, profitable growth.”
This seems counterintuitive but it’s accurate. Customers will choose expertise over versatility.
The foundation of our expertise is built upon CrewPay’s its simplicity.
This is challenging because the the nature of business is to move towards complexity.
But we will keep things simple and continue building an experience our customers love while solving the specific problem of managing and paying contractors.
Our growth strategy will remain simple finding and focusing on key customer segment(s) that deal with the problem CrewPay solves.
There are greater returns on simplicity than on scale ~ Jules Goddard
Ever, David