Justworks

6 statements across 1 episodes · 4 bullish · 0 bearish · 2 people on the record · first statement Aug 15, 2023 by Robert Lopez · said 12 times in 3 episodes since 2022 · across every show →

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brought up most by Brendon Cassidy (6), Sam Blond (1), Robert Lopez (1), Jason Lemkin (1)

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Everything said about Justworks, oldest first

Aug 15, 2023 positive
Disclosure
Lopez: Justworks pays tenured sales reps a percentage of their customer book
“And so we implemented these mechanisms where as a wrap, you can, after certain tenure thresholds, you can start making a percentage on your book, net of expansion, net of turn.”
Robert Lopez Aug 15, 2023 ▶ 16:20 10 Things Top CROs Wish They Knew Early in Our Careers with CRO Justworks
Aug 15, 2023
Insight
Lopez: Early customer logos must be recognizable brands respected by ICPs
“Yeah, but I think it's like specifically logos that your ICP knows and respects, right? Because like, oh, if they're using this product, then like, oh, it's pretty good. There's like those proof points where it's not just some company that nobody knows and lik…”
Robert Lopez Aug 15, 2023 ▶ 37:24 10 Things Top CROs Wish They Knew Early in Our Careers with CRO Justworks
Aug 15, 2023 positive
Disclosure
Lopez: Hired sales ops specialist as fourth team member
“I hired my first three reps and like the fourth hire I made was a sales ops person.”
Robert Lopez Aug 15, 2023 ▶ 11:48 10 Things Top CROs Wish They Knew Early in Our Careers with CRO Justworks
Aug 15, 2023 bullish
Prediction Didn’t hold up
Cassidy: Justworks has an imminent IPO coming
“I mean, obviously Robert's got an IPO, imminent IPO at some level for JustWorks coming.”
Brendon Cassidy Aug 15, 2023 ▶ 1:04 10 Things Top CROs Wish They Knew Early in Our Careers with CRO Justworks
Aug 15, 2023
Disclosure
Lopez: Justworks expanded geographically only after achieving market-level profitability
“And then we would start looking at geo and we would have these like markets that once they became profitable, Then we would go to our next market, right? And so we would look at it at a market by market profitability level, and that's how we would double down.”
Robert Lopez Aug 15, 2023 ▶ 36:24 10 Things Top CROs Wish They Knew Early in Our Careers with CRO Justworks
Aug 15, 2023 positive
Assertion Not checkable as stated
Lopez: Customer referral leads convert at a 50% to 60% rate
“Referrals for us close at 50, 60% close rate”
Robert Lopez Aug 15, 2023 ▶ 55:47 10 Things Top CROs Wish They Knew Early in Our Careers with CRO Justworks
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