
BOOK NOW FOR your podcast
Nick Fogle
Founder & CEO of Churnkey
- SaaS
- Entrepreneur
- 📍Charleston, SC
About Me
I went from being an attorney drowning in student loan debt, to teaching myself to code, building a successful SaaS business, and ultimately getting acquired for a mid-7 figure sum in 2021.
read more
LET'S TALK ABOUT
- Bootstrapping a business
- Personal finance
- The student loan debt crisis
- Overcoming adversity (specifically a parent w/ addiction problems)
- The pitfalls of venture capital
- Bitcoin, cryptocurrency, and economics
--
After graduating to no jobs and a deep recession in 2008, I made a bad situation worse by taking out student loans and going to law school. I graduated and became an attorney only to realize I couldn’t pay down my debt on an attorney salary ($250,000 and interest was growing by $1,500/mo).
Desperate to get out from under the mountain of debt, I decided the best way to pay it off was to start my own company. I couldn't find a technical co-founder to help with my startup idea, so I drove a shuttle bus for minimum wage while teaching myself to code. Then, I worked my way up the ranks from lowly intern to lead engineer at a publicly traded software company.
For 5 years, I spent every night, weekend, and even used my PTO to work on my startup, Wavve. In 2020 I was finally able to to pay off my student loan debt and leave my day job.
After selling Wavve for a mid 7-figure sum in 2021, we took everything we'd learned about retention and turned it into a new business, Churnkey. We're growing quickly and thrilled to be saving businesses millions of dollars per year.
BOOK NOW FOR your podcast
Nick Fogle
Founder & CEO of Churnkey
- 📍Charleston, SC
- SaaS
- Entrepreneur
About Me
I went from being an attorney drowning in student loan debt, to teaching myself to code, building a successful SaaS business, and ultimately getting acquired for a mid-7 figure sum in 2021.
read more
LET'S TALK ABOUT
- Bootstrapping a business
- Personal finance
- The student loan debt crisis
- Overcoming adversity (specifically a parent w/ addiction problems)
- The pitfalls of venture capital
- Bitcoin, cryptocurrency, and economics
--
After graduating to no jobs and a deep recession in 2008, I made a bad situation worse by taking out student loans and going to law school. I graduated and became an attorney only to realize I couldn’t pay down my debt on an attorney salary ($250,000 and interest was growing by $1,500/mo).
Desperate to get out from under the mountain of debt, I decided the best way to pay it off was to start my own company. I couldn't find a technical co-founder to help with my startup idea, so I drove a shuttle bus for minimum wage while teaching myself to code. Then, I worked my way up the ranks from lowly intern to lead engineer at a publicly traded software company.
For 5 years, I spent every night, weekend, and even used my PTO to work on my startup, Wavve. In 2020 I was finally able to to pay off my student loan debt and leave my day job.
After selling Wavve for a mid 7-figure sum in 2021, we took everything we'd learned about retention and turned it into a new business, Churnkey. We're growing quickly and thrilled to be saving businesses millions of dollars per year.
As seen on
By the fall of 2016, founders Nick Fogle and Baird Hall had spent around 18 months building a social sharing platform for podcasts, a project for which they couldn’t get paying customers or a minute of investors’ time.
Then they stumbled into a related product that brought in both revenue and acquisition offers.
Wavve, a tool that repurposes audio content into short videos for social media, was a hail Mary meant to be a lead generator for their flailing platform. But it turned out to be exactly what their users were looking for.
Timeline
Aug 2020 - Present
Churnkey
Founder & CEO
Apr 2015 - Mar 2021
Wavve
Co-Founder
Aug 2017 - Jul 2020
Casa Inc.
Founding Engineer
2016 - 2019
Fount.
Partner
Apr 2013 - Mar 2016
Blackbaud
Board of Directors
May 2012 - 2015
Skyhook
Owner
2012
SeeTheLaw
Founder
2010 - 2012
Weeks & Irvine, LLC
Law Clerk
Ask me
When should you start optimizing your business for an acquisition and what are the highest value areas to focus on that will impact your valuation? |
What are the top 3 lessons you learned while fielding acquisition offers and ultimately being acquired? |
How do you start a business with no financial safety net? |
Why is bootstrapping often a better option than venture capital for founders and early teams? |
How do you manage your emotions and personal finances (or more specifically student debt) while juggling startups and a 9-5 job? |
What are the highest value impact areas where a founder should focus their time? |
When should a business buy a product vs build their own? |
How does growing up with adversity impact your outlook as a founder? |
What sort of small changes can busy startup founders make to dramatically improve their health and well-being? |