sales team

also referred to as: sales teams

14 statements across 14 episodes · 6 bullish · 2 bearish · 14 people on the record · first statement Aug 25, 2016 by John Lee · across every show →

Everything said about sales team, oldest first

Aug 25, 2016 positive
Insight
Lee: SaaS companies should expand sales teams while magic number exceeds 0.8
“You make sure your magic number is, you know, above 0.8. And if your magic number is above 0.8, then, you know, you keep expanding.”
John Lee Aug 25, 2016 ▶ 18:34 EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already
Sep 12, 2017 negative
Insight
Many teams overpay for marketing automation just to send newsletters
“And what we came to find out is there's a lot of teams really overpaying and under utilizing marketing automation. So they're paying the big ticket price for a big platform, but they're using it like a monthly newsletter system.”
Brandon Bruce Sep 12, 2017 ▶ 8:58 780: SaaS: How Did He 2x ARR In Last 12 Months from $6m to $12m?
Dec 23, 2017
Assertion Not checkable as stated
Prusz: Rubicon has 200 revenue staff but under 15 new-business hunters
“Across the company we have about 200 in our revenue organization. But most of those people are really servicing existing business. The actual sales team whose job is to prospect and find new accounts on the publisher side globally is probably, you know, less t…”
Joe Prusz Dec 23, 2017 ▶ 7:26 882 AdTech: $250m on $1b Ad Spend as Rubicon Project Enters Header Bidding Space
May 8, 2019 positive
Insight
Ryan Carson: Founder-CEOs must personally sell before hiring any sales staff
“If you haven't built the sales team yet, and you are the founder CEO, you should be doing sales. So that's the first thing you got to do. Do not try to hire people. Do not try to do SDR. Don't do any of that. Go out and sell. And look and learn the sales cycle…”
Ryan Carson May 8, 2019 ▶ 6:06 1383 Treehouse Moves from $24m ARR B2C SaaS to B2B Helping Companies Scale Dev Teams
May 26, 2019 negative
Insight
SaaS customer success teams should not be incentivized on net retention
“One of my big areas of CEOs to think about the fact that you don't want to incent your post sales team on net retention. Let your sales team go sell the upsell. They're the sellers. You want a post sales team that gets up every day and just because my job is t…”
Andy MacMillan May 26, 2019 ▶ 17:38 1401 UserTesting CEO "We're at $65m in ARR Now, Hoping to Break $80m by EOY" across 3000 paying customers
Sep 10, 2020 neutral
Disclosure
Trend.io eliminated its sales team to invest fully in product
“We got rid of the sales team. We invest a hundred percent of the products into the product.”
Ramon Berrios Sep 10, 2020 ▶ 4:40 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
Jun 22, 2021 neutral
Disclosure
Slintel go-to-market team comprises 20 SDRs, 10 AEs, and 10 CSMs
“The sales team is around 30 people, and then we have a 10 member CSM on top of that. So SDRs, around, around 20 SDRs, 10 account executives, and 10 customer success managers.”
Anupreet Singh Jun 22, 2021 ▶ 12:00 Slintel Breaks $6m ARR, $20m Raise on $100m Valuation Ready to Take on B2B Intelligence Space
Apr 8, 2022 neutral
Assertion Not checkable as stated
Pingboard operates entirely on self-serve signups without a sales team
“And we don't have a sales team today. It's all product led where customers sign up online”
Bill Boebel Apr 8, 2022 ▶ 6:10 Founder of $6m SaaS Pingboard Replaces Himself as CEO To Grow Faster
Jul 4, 2022
Disclosure
Splynx pays sales reps a 3% to 5% first-year commission
“They do have some fixed salary and then based on on the sales that they bring or they process we pay them some percentage on annual revenue, first year of the annual revenue... Five three percent and up to five percent depends on, on their involvement.”
Alex Fishkinov Jul 4, 2022 ▶ 10:32 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Dec 18, 2022 neutral
Disclosure
Nivala pauses sales hiring to focus on current team capacity
“Right now I feel we have, let's say, enough capacity in our sales teams that we don't want to just go and hire new sales reps.”
Antti Nivala Dec 18, 2022 ▶ 11:56 This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS
Jul 13, 2023 positive
Insight
Ferber: Customer success should handle upselling while sales focuses on acquisition
“And customer success, by the way, customer success for me is, ah, they are the guys that upsell. So again, going back to that example, you have a product, you partner with another company to, ah, add their product to your offer, offering. Who does that? In my …”
Yuri Ferber Jul 13, 2023 ▶ 10:50 Top 3 Considerations When Growing Your Business from Single Product to Multi-Product
Jul 21, 2023 positive
Insight
Sanwal: Study positive deviants in sales rather than averages
“What you actually want to look for is what people will call positive deviance. So the people who, with the same amount of information and the same training, are actually over-delivering, and that's who you want to study, right?”
Anand Sanwal Jul 21, 2023 ▶ 3:37 Don't do these 68 things in your SaaS company
May 16, 2024 positive
Insight
Martin: Build Product-Led Growth Before Deploying Multi-Million-Dollar Sales Teams
“And a sales team is going to cost you a couple million dollars to really deploy at scale, so it's incredibly important that you keep those costs small, you build the product so it can sell itself, and then you add the sales team on top.”
Liam Martin May 16, 2024 ▶ 18:02 13 Lessons I Learned Bootstrapping to $20m in Revenues
Nov 5, 2024 positive
Insight
Latka: Sales teams should maintain and update competitor kill sheets weekly
“You should have a kill sheet for every competitor that basically lists on the left side all the different features, and then how you win or how you lose, and that kill sheet should be in with all your sales reps, so they can talk about positioning, edit the ki…”
Nathan Latka Nov 5, 2024 ▶ 17:32 Pendo Shares Board Deck Slides, Breaks $200m Revenue, Lessons with Co-Founder Eric Boduch
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