A health professional approached Patrick Parker to seek a solution for a perennial problem encountered by her business. The problem was common and is largely complained about by others even today: the client was continuously trading time for money and experience. SaaS Partners, a software development company founded by Mr. Parker, built SPRNG, a SaaS platform aiming to automate the client’s business processes. The results were simply flabbergasting.
Within the next 18 months, the business witnessed an extraordinary spike in revenue. It jumped from $600,000 to $3.2M and still is on an upward trajectory.
SPRNG is just one instance highlighting Patrick’s expertise in the SaaS industry. There are many others that signify the important role he is playing in business automation using Software as a Service. He has been around for only a decade in the tech industry and has already registered many successful ventures in his portfolio.
Throughout his career as a tech entrepreneur, Patrick has been able to form a proven framework to launch products that find instant success. However, he has come a long way before gaining that ground in the industry.
Failures, experiments, losses, some achievements, and then again failures – that’s what it had been before. Eventually, Patrick learned from his mistakes and started to right the wrongs. His entrepreneurial pursuits started during college when he opened a concert promotion business for Billboard’s Top 40 artists performing in Nashville. In the end, he had to incur a loss of $25K. It was followed by a few other failures until the trend turned.
His first successful venture came at 32 years of age. It was an IT staffing company that Patrick started as a side hustle. In the very first year, he generated a revenue of over $1M and subsequently used the profits to open a software development company, as it had always been his number one dream.
Patrick put all his experience behind this company, and it gained some incredible client success stories right out of the gate while generating his company $1M in revenue in the first year. He then created, tested, and launched many additional products in the market under a studio model that later proved effective in helping businesses scale.
As of now, Patrick is sitting in the driver’s seat of four companies, two of which are already on the venture capital track after successfully raising seed rounds, with all four generating annual revenues of $1M+. SaaS Partners, Patrick’s primary business, has also surpassed total revenues of $3M in just 4 years. Not many people are capable of successfully running a company, let alone more than one company with that level of success.
If you want to know more about Patrick, his extraordinary life, and his secrets to success, reach out to him via social media via the following:
LinkedIn: Patrick Parker