First interview: Profitwell bootstrapped to $200 million

Patrick Campbell, ProfitWell

Before he announced the sale to the world, Patrick Campbell said he wanted to come on Mixergy to explain what happened.

This is the story of how he bootstrapped Profitwell, where he’s going to spend the money he made and why he’s in Puerto Rico.

Patrick Campbell

ProfitWell

Patrick Campbell is the founder of ProfitWell, revenue automation products that automatically reduce cancellations, optimize pricing, and give you accurate, free revenue reporting.

Andrew: Hey everyone. My name is Andrew Warner. I’m so excited to do this. My name is Andrew Warner. I’m the founder of Mixergy, where I interview entrepreneurs about how they built their businesses for an audience of entrepreneurs. Joining me as someone who’s been along fan. And also who’s, I’ve been a customer of his for years.

And, Um,

apparently a few of you who’ve listened to me after hearing him here in the past, became customers of his enough with the introduction. Let me, let me explain who this is. This is Patrick Campbell. He is the founder of ProfitWell. What they did for me initially was just tell me how much money am I making from each subscriber.

So you get someone to sign up for a monthly membership. Are they worth a lot or a little where they stay for one month or several years? I had no idea. And ProfitWell told us that and gave us charts and did it all of it for free, where competitors were charging. And...

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