Patrick Sherwin
- CEO at GoSun
GetLatka interview
How GoSun Reached $4M in 2020 Revenue and 50,000 Customers with Solar-Powered Outdoor Products (Interview with CEO Patrick Sherwin)
Patrick Sherwin (CEO of GoSun) spoke to Nathan Latka on September 1, 2021.
GoSun figures from the interview
- Revenue (2020)
- $4M
- Lifetime Customers (2020)
- 50,000+
- Gross Margin (target, 2021)
- 60%
- Team Size (2021)
- 15
- Core SKUs (2021)
- 20
“Let's do this, Nathan.”
“Oh yeah, plenty of new products and plenty of growth. I think you mentioned briefly, we launched a water sanitation and purification system basically in response to COVID. We accelerated the development of something that we knew would be really helpful for people that are seeking more times away from home, outdoors, we're all feeling pretty trapped at home. That product is basically a kitchen sink in your backpack. It can also turn into like a camping water purification system, as well as a shower. So stay out longer, feel clean.”
“off the top of my head, it's going to be somewhere around $80. And so we try to push for margins, gross margins that are over 50%, somewhere around 60 on something like this.”
Bio
Patrick has worked with solar for over 20 years, and maintains a diverse background in design, social enterprise and manufacturing. Volunteering in developing countries has inspired Patrick to create solar solutions that meet essential needs like cooking, cooling and sanitation.