Latest / Success Story with Scott Clary / Lessons - Getting Paid to Share What You Love | Aurelien Amacker - CEO of Systeme.io
Transcript
- 0:00In this lessons episode, you will learn strategies for building a competitive product,
- 0:04setting up an affiliate program, and scaling a remote team for growth.
- 0:07The discussion covers maintaining profitability without funding,
- 0:10balancing risk, and staying resilient.
- 0:12You'll gain insights into overcoming challenges and finding fulfillment in the journey.
- 0:17So you built an incredible product, but simultaneously, you're also being very competitive
- 0:33on price. Take the market strategy was hitting your email list,
- 0:39and then but also the affiliate program. So these are all making sense.
- 0:44Walk me through the affiliate program and how that was set up to encourage people to,
- 0:50I guess, refer business. Yeah, sure. So I love the affiliate program business model.
- 0:55I think it is just great. I remember back when I was sending courses, I could hear stories
- 1:00about people having. So people having just products like in fitness or in another industry.
- 1:06So just having products and an affiliate program and nuts.
- 1:10Not focusing on traffic generation because it was completely relying on the affiliates.
- 1:16I was like, this is a great business model. You know, I wish I could do that someday.
- 1:20So with our tool, we launched our own affiliate program in 2017. So I told people,
- 1:28I told my lace look, I'm going to pay you 40% on all the series you generate on our courses
- 1:35and on the software. And this also started attracting affiliates, you know,
- 1:42little by little. I mean, it's really a combination of the product is good. The offer is good.
- 1:48I mean, you know, like the price and the affiliate commission is good. And today,
- 1:54we paying our affiliates close to 100,000 euros per month in affiliate commissions.
- 2:02And so you set it up so that you get affiliate commissions for lifetime or as a for a year.
- 2:07And it's a percentage of all the recurring monthly payments as well.
- 2:10No, no, it's 40% as long as the customer space. You know, that's the thing.
- 2:15It's funny. When you discuss about affiliate programs with many business owners,
- 2:19very, very funny. It's the same story that I'm going to try to, you know, like I'm going to try
- 2:26to, you know, I'm going to pay you that for one year or, you know, I'm going to try to
- 2:33game the system, you know, and I'm like, this is stupid. Like I want to
- 2:38being an entrepreneur, we all know it's about building value, right?
- 2:42So I want to be the value for my customers, for my affiliates and for my team members, right?
- 2:47So I mean, it would be a very short, short term, uh,
- 2:53decided to try to, you know, like, uh, flow my, my affiliates like, I want them to make as much
- 3:00money as possible. So they keep promoting us, they keep working hard and I'm telling you that's
- 3:06what, that's what's happening because I can see some people who, you know, are trying to make
- 3:12money online, but, you know, they don't really, uh, succeed and then they promote our
- 3:17ship program and they start making money and it's great. Mm-hmm. Mm-hmm. Um, and now you have grown
- 3:25the business to your updated numbers, four million annual recurring revenue. Uh, this year,
- 3:30I saw that point here that you sent over five to six million in ARR, still bootstrapped.
- 3:37No plans to raise money. You're just keeping it going as is for now, correct?
- 3:41Yeah, yeah, I mean, yeah, it's, it's a very simple playbook. I mean, I'm already make, I mean,
- 3:47we're profitable. I'm already making, I mean, yeah, I mean, I'm making the money I'd like to make,
- 3:55which is a lot more money than I need, you know, so I can, we bought our dream house with my wife.
- 4:01Uh, so we're going to pay off our, uh, mode gauging, I don't know, two or three years,
- 4:07we're investing, you know, I mean, we're doing great and come reinvesting everything that comes
- 4:13on top of that. Very nice. And, and the one other point that I thought was interesting
- 4:18that you are a hundred percent remote. And I know that a lot of companies have done this,
- 4:22but you, you went a hundred percent remote from the start. So how do you, how do you manage,
- 4:26uh, how many staff do you have now? How do you manage them? How do you be remote effectively?
- 4:31Yeah, so I think it's one of the, uh, one of our strength in, uh, in my company is the ability to
- 4:40lie higher people and trade them and make them grow. So today we have, uh, 65 people on the team
- 4:49in about 10 different countries. So French speaking ones, English speaking ones, Spanish speaking
- 4:56ones, because we're expanding to different markets. And, um, I don't know, it's funny, you know,
- 5:02because I think that's, I mean, I mean, it's the future, you know, you have a boot by the founders
- 5:07of, of Bay, Bayskamp, you know, 30 city webinars. They wrote a book actually about it that's called
- 5:13remote. And it's great because they explained to you what are the benefits, why it's better. And, uh,
- 5:19yeah, we've been doing it since day one and it, it works fine, but you have to, I mean,
- 5:25everyone uses time doctor, uh, a software to track their time and it takes some screenshots.
- 5:32So I don't spend my time, you know, like, uh, talking at the screen, obviously,
- 5:37but like when you have someone who's lacking or, you know, you're not really sure, you can check,
- 5:43check out what he's doing. And sometimes unfortunately, I mean, it happened, you know, people
- 5:48doing like, uh, watching series or whatever, but it doesn't happen much. I mean, you spot these
- 5:54people very easily, right? Um, so I mean, I think this is the future. I mean, you don't have any
- 6:01expense for the office space for, you know, computers, whatever. I mean, this is so much better. I mean,
- 6:08the best, the best benefit that people don't think about is that I don't have to go through
- 6:13an office, you know, and show up and show that I'm there and leave late so that the employees,
- 6:19I mean, I can do whatever I want. I just take my, my phone, I have the Slack app and it's easy,
- 6:25like I can go to the gym, I can go to the shopping center, whatever. And yeah, reply to my team members
- 6:31if I need to. Yeah. So, so you said it out and, and are you, you're not personally managing the 60
- 6:40people. Have you, like, introduced layers of, of, uh, virtual management, uh, remote, like,
- 6:45managers? Yeah. Yeah. Of course, we had, we had to, I mean, uh, so the way it works, uh, so me,
- 6:53I'm in the company, I'm like the CEO, the marketing, uh, director, manager, I don't know how you,
- 6:59how I should call it. And I'm also the product manager. I'm the one supervising the product,
- 7:04you know, making sure it's great and taking decisions and discussing with the customers and developers
- 7:10and team members and stuff. So, um, I mean, the customer support, we have a manager, um, we have like
- 7:2015 people in total, uh, in our customer support, we answer our customer seven days a week, uh,
- 7:26usually under two hours. So people, our customers love our customer, our customer support, you
- 7:32know, because it's very, very effective. So I, I have someone managing that. Uh, then, then the
- 7:38developers, it's mostly our lead developer, which is our first developer. Um, I mean, I have a,
- 7:46a lot of different small teams, you know, and I manage them. I mean, I have one assistant that
- 7:52manages that supervises different teams. Um, okay, okay. Yeah, we have a lot of different teams.
- 7:59I mean, obviously, so you set this up this entire, this entire corporate structure has been set up
- 8:03remote and that's how it's managed. Now, very impressive. I think that you're right. It is 100%
- 8:08the future of, of how organizations can work and it saves you a ton of money. Very effective. Like,
- 8:13I remember I was working in the office, you know, like 15 years ago and I was like, uh, sometimes,
- 8:20I was like on dating websites, you know, I mean, you know, like, uh, it's not because you're
- 8:26at the office that you're effectively working, you know, so yeah. Yeah. Yeah. No, that's true. It's
- 8:31true. Um, and, and you know, question for, for you and also some advice for people that are
- 8:37looking to start their own thing. So like you said, you started a blog, you went to courses, you
- 8:41went to, you went to software, you turned down a job. If you were going to do it again, would you
- 8:46do it the same way? Would you go all in or would you do it? Maybe less risky. What's your, what's your
- 8:51take on that for somebody wanting to start? No, I mean, no, I would do the same. Obviously, you know,
- 8:57like, uh, there is this question in podcasts like if you could talk to your 20 year old, that's my,
- 9:03that's my other question I ask at the end. Yeah. I'm like, you know, like, uh, what, what could I say?
- 9:09Maybe I would tell, I would tell me, look, but he don't, uh, you know, don't stress out. It's
- 9:14going to be all right. Uh, enjoy the ride because, um, I was, uh, yeah, I mean, I mean,
- 9:20there were some tough years. I'm not going to lie, you know, it's easy after Worlds to say,
- 9:24everything is great. You know, no, it wasn't. I was actually feeling like a failure after I left,
- 9:30Jeff Walker was messing my group because I had my, uh, buddies making, you know, a million
- 9:38euro long sheets. And I was just on my own making, yeah, making your, making actually a good income
- 9:45and I was feeling even worse because I was like, dude, you're living in Portugal, the minimum
- 9:50salary is 600 euros per month. And you're living 20,000 euros and you feel like S, you know,
- 9:56and, yeah. And I read the book, you know, uh, the subtle art of not giving your F. Yeah, yeah.
- 10:04And the main idea of this book is it's okay, not to feel okay. And I was like, oh, that's
- 10:08amazing. So yeah, thanks for tuning in. If you found this valuable, don't forget to hit that
- 10:13subscribe button so you never miss an episode. And if you want to dive deeper into this conversation,
- 10:18check out the links in the description to watch the full episode. See you in the next one.