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Eric Rea

5 Podcast Episodes

Latest 1 May 2021 | Updated Daily

Weekly hand curated podcast episodes for learning

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Silicon Slopes Live: Eric Rea - Podium

Silicon Slopes

Join us for a conversation with Podium CEO Eric Rea.

21mins

21 Mar 2020

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SaaStr 298: Podium CEO Eric Rea on Scaling Outside Silicon Valley: Going from $0 to $60M ARR in 4 Years

The Official SaaStr Podcast: SaaS | Founders | Investors

Startup success is not exclusive to Silicon Valley. With more companies launching and thriving outside of Silicon Valley, regions such as ‘Silicon Slopes’ in Utah and ‘Silicon Alley’ in New York City are gaining traction within the startup scene. Podium, an interaction management platform for local businesses, was founded in Utah and grew from five employees in 2015 to more than 300 in 2019 to become one of the fastest-growing SaaS companies in the United States. In just four years, Podium has raised almost $100 million, with annual recurring revenue increasing to almost $60 million. Eric Rea, CEO of Podium, will share how he grew the company he launched from his spare bedroom into one of the fastest-growing SaaS companies in the country. Find the video and full transcript on our blog. Sponsor message: With up to 20 times higher limits, up to 5 million dollars, and huge rewards like 2x back on recurring SaaS spend and 4x back on Brex Travel. The Brex corporate credit card is designed for startups, all with no personal guarantee. Sign up at brex.com and get card fees waived for life with code SaaStr19

23mins

9 Jan 2020

Similar People

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MARKETING: The Importance of Reviews, Reputation Management, SEO and More with Eric Rea of Podium

Bulletproof Dental Practice

Bulletproof Dental Practice Podcast Episode 50 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guest: Eric Rea, CEO of Podium Watch the full video of the interview by clicking here!  Key Takeaways: Podium is a reputation management platform, helping to significantly boost your practice’s online reviews, and Podium has funding invested from Google. Podium focused on creating a great experience for the patient. This helps boost conversion rates and gets you more & better reviews. Reviews are made simple, and are targeted to platforms that are most popular with the user and the practice. Podium has access to parts of Google’s API that other competitors don’t, which gives them unique access into how their review system works. Recentness of reviews is important to Google’s algorithm so it’s key to continue getting rave reviews from your patients. User generated content (reviews, social media postings from patients, etc) is a way better predictor of your SEO rank than how many links you have to your website. Google Local Guides carry more weight than other reviewers. To comply with Yelp’s policies of not asking for reviews on their platform, Podium does not solicit reviews for Yelp. The most important platforms for dentists to pay attention to are Instagram/Facebook, Snapchat, and Google. These are the platforms where people spend their time, and they’re all working to integrate other features to become unique ecosystems. Reviews have shifted the marketing equation, you can’t fake real people talking about you online. Video reviews are important for the future, but they’re really hard to sift through. Review platforms haven’t gotten to a place where they make video reviews possible or easy. Voice-activated devices are also key to future marketing. Imagine giving your review to Siri or Alexa! Podiums software will scale and change based on future development from Google. 90% of reputation management companies are NOT recommended by the review platform sites. Making experiences seamless is how companies thrive. Podium is working on a communication platform that allows offices to connect with patients and make communication seamless. Click HERE to sign up for Podium w/no activation fees! References: What yelp’s crackdown on review collection means for your business (and why we stopped collecting yelp reviews over a year ago) Whitespark Tweetables: “Consumers are conditioned to always look at reviews.” Dr. Peter Boulden “Focus on creating an experience for the patient that you would want to have yourself.” Eric Rea “Dentists who take care of their craft and take care of the details are the ones who will succeed.” Eric Rea “If you’re providing massive value, you deserve to be successful.” Dr. Craig

45mins

25 Jan 2018

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Best Places to Work: Eric Rea of Podium

DMN One-on-One

Best Places to Work: Eric Rea of Podium by DMN One-on-One

10mins

8 Aug 2017

Most Popular

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EP 524: Podium Hits $1m MRR in 12 Months, $4m Raised with 6500 SMB Customers sub 1% Churn with CEO Eric Rea

SaaS Interviews with CEOs, Startups, Founders

Eric Rea, co-founder and CEO of Podium.com which is based in Utah. He’s a software engineer at the International Atomic Agency and before that, the founder of FineGrain. He worked at Walmart as a software engineer and he has also interned at Orange Soda. Famous Five: Favorite Book? – Multipliers What CEO do you follow? –  Phil Knight Favorite online tool? –  Domo and Apple Notes Do you get 8 hours of sleep? –  “I get 7” If you could let your 20-year old self, know one thing, what would it be? – “You can always tell them to go to hell tomorrow” –  Warren Buffet   Time Stamped Show Notes: 01:46 – Nathan introduces Eric to the show 02:20 – Podium helps businesses generate reviews which drives purchase decisions 02:30 – Podium charges $299 a month per location 02:48 – Podium is a SaaS business 02:58 – Average customer pays $499 03:20 – Podium was launched in 2013 03:25 – Eric started Podium because of his dad’s business 04:01 – Team size 04:44 – All employees are working full-time 04:50 – Team is based in Utah 05:35 – Podium raised $4M in total 05:50 – First seed round was in 2014 and $500K was raised 05:57 – Raised $3.5M in December of 2015 06:36 – Eric has given up 20% of the business for the seed round 07:38 – Podium has 25000 customers per location 08:13 – Podium has $1M in MRR 08:45 – Podium’s gross monthly customer churn is around 1% 09:10 – Net churn is negative 2% monthly 09:50 – Average CAC 10:12 – Average LTV is $12K 11:00 – 2015 ARR is $1.8M 11:30 – 2016 ARR is around $11M 11:41 – Goal for 2017 ARR is $25M 12:55 – Connect with Eric through his website and Twitter 15:05 – The Famous Five   3 Key Points: It’s important to have some capital in case you make mistakes – with no capital, just 1 mistake will sink you. Find a solution to the simplest problems to streamline your business processes. The SMB market will continually grow, creating more opportunities for startups.   Resources Mentioned: Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Drip – Nathan uses Drip’s email automation platform and visual campaign builder to build his sales funnel Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to the quality of Toptal Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible. Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books. The Top Inbox  – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens and follow-up with email sequences @EricWilliamRea – Eric’s Twitter handle Podium.com – Eric’s business website Show Notes provided by Mallard Creatives

19mins

30 Dec 2016