Bradley Jacobs
- CEO at Mylance
GetLatka interview
How Mylance Reached 800 Customers at $50 a Month Helping Consultants Build Better Businesses (Interview with CEO Bradley Jacobs)
Bradley Jacobs (CEO of Mylance) spoke to Nathan Latka on November 2, 2022.
Mylance figures from the interview
- Estimated LTV (2022)
- About $1,000
- Paying Customers (2022)
- 800
- ARPU (2022)
- $50 per month
- Angel Raise (2021)
- A few $100K
- Valuation (Cap) (2021)
- $10M
“It was bookkeeping. It was taxes. It was health insurance. It was lack of a community. It was where my next lead came from. It was having a website. It was invoicing, proposals, contracts. I mean, I could go on. There's there's a lot that I was missing, and people need that support.”
“We don't wanna take a cut of your invoice. We don't wanna take a cut of your project. That's for you. You know, pay us a platform fee, and you can build your business on top of us.”
“A lot of content for us. There's a huge educational component to how do I find my first client? How do I price my services? How do I hone my niche? What kind of a contract template do I need? And everything in between. And so I've been publishing content almost every day now on LinkedIn for the last few years, have built up a little bit of a following there. SEO has been pretty good for us. But the really the biggest thing has been word-of-mouth. I think anytime you, you create a good product that people like, they organically tell their friends about it. So we have a referral program, but even before that, we grew a lot from word-of-mouth.”
Bio
After 4.5 years launching and scaling businesses at Uber, I built my independent consulting business up to $25k / month in 25 hours per week. I then founded Mylance to help you work for yourself, whether full-time consulting or alongside a full-time job.