“Enterprise tech has very minimal adoption. Salespeople don't like to use any tools that help, that will push them to report anything. And usually are one of the most skeptic lot, but they're also the largest part of someone's workforce. So engagement is crucial.”
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More from Yamini Bhat
Insight
Bhat: Never let customers write your product roadmap
“Never let the customer write your product roadmap. Let the customer explain the needs and you find out what is the right way to solve it, right?”
Yamini BhatJul 25, 2022▶ 40:24Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Opinion
Bhat: Horizontal CRMs only solve 10% to 20% of enterprise sales needs
“There is enough horizontal solutions out there, which try to get to the, you know, 10, 20% of the problem statement by just like CRM's provider, very good customer, three 60 and a web based cloud based database, but they are very, very Thin in terms of being a…”
Yamini BhatJul 25, 2022▶ 5:23Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
AssertionNot checkable as stated
Bhat: Vymo's first enterprise customer threatened resignation to force purchase approval
“Our first BFSI customer, in fact when posed the pilot after almost a four X increase in lead conversions after two, three weeks, when he was, he asked for approval for Wimo. He was told to deploy the CRM and do whatever he could with the CRM and not buy someth…”
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Insight
Bhat: Indian SMB SaaS startups must launch globally from day zero
“Unless you're selling to very large enterprise SaaS, I'm not sure starting with India and trying to go global should be the playbook. You can just start global, right? If you're doing SMB, just start global. How does it matter where the SMB is sitting? And mak…”
Yamini BhatJul 25, 2022▶ 36:49Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Insight
Bhat: Sales team productivity declines steeply as team size scales
“As you keep growing the team to be able to achieve higher and higher growth goals, your productivity falls down very steeply.”
Yamini BhatJul 25, 2022▶ 4:19Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
PredictionNot checkable as stated
Bhat: Global market for financial products will grow hundreds of times bigger
“And the market is only growing, going to grow hundreds of times bigger than what it is today, right? Because financial inclusion across the world If you see the range of financial products that exist for a family, household, individual, or a business, it's, we…”
Yamini BhatJul 25, 2022▶ 6:01Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
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