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November 25, 2019

CrewPay Whatupdate No. 28

Hello, crew.

two by 200 Update
(200 active contractors + releasing 1099 services and QBO integration by 12.31 )

  • 74 active / 37% of goal
  • QBO: live!
  • 1099: in testing

Team Accomplishments & News

  • Not this week

Product Accomplishments & News

  • Product Update from Matt: https://docs.google.com/presentation/d/1Tpe2reSIV1pFd3lx2Hvc1NfnetgqipjE__udVyLA1zs/edit?usp=sharing

Sales, Marketing & Customer Success Accomplishments & News

  • Jeff is working on FB ads. We’re getting traffic to the site. Still looking for conversion path
  • Submitting CrewPay to the Quickbooks Online App Store

Revenue & New Clients

  • 15 transactions last week (498 YTD)
  • $26,101 sent last week ( $1.29M YTD)
  • 1 new company, 0 new contractors
  • 11 companies, 8 active in the last month
  • 93 contractors, 74 active in the last month
  • Totals:
    * MRR: $670.88  * ARR: $8,050.56 * MRPC: $67.88* 

Closing Thoughts

Ravelry

Ravelry is a site for knitters. Don’t ask me how I ran across such a community. Thats’s a story for another time. Last month, over 1 million people used the site.

Here’s how it started (from the About page)

It was getting frustrating for her to try and find information about the patterns and yarns that she was interested in using. Cassidy thought that she would be able to build a website that could solve these problems, so they started working on it together, introducing it to a few friends at a time.

This how products grow.

Let’s keep sharing.

Ever,
David

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