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December 16, 2019

CrewPay Whatupdate No. 31

Hello, crew.

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

  • 76 active / 38% of goal
  • QBO: live!
  • 1099: ready!

Team Accomplishments & News

  • Not this week

Product Accomplishments & News

  • Product update from Matt: https://docs.google.com/presentation/d/1r1SOPe4veHmFXjAnI7lwK-yABg6DnkIEp5gJkWuIYZo/edit?usp=sharing

Sales, Marketing & Customer Success Accomplishments & News

  • More direct outreach
  • Launched a new campaign to send traffic to a landing page with the onboarding lead magnet

Revenue & New Clien

  • 16 transactions last week (548 YTD)
  • $24,590 sent last week ( $1.4M YTD)
  • 0 new companies, 0 new contractors
  • 14 companies, 8 active in the last month
  • 94 contractors, 76 active in the last month
  • Totals: <br>
    • MRR: $380* 
    • ARR: $4500 * MRPC: $46.88 The numbers for totals have been off. We’re working on getting true revenue and using active estimates for now.

Closing Thoughts

As we talk to more businesses and people who “do the books” for companies, we revalidated the headache and challenges with handling the 1099s for independent contractors.

I’m very proud of the team for their continued work on making our first version of the 1099 service as good as possible. I’m excited to see it rolling out soon.

As we’ve moved closer to launch, this quote keeps coming to mind.

Make every detail perfect and limit the number of details to perfect.
~ Jack Dorsey

Ever,
David

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