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Blog Posts, Q&A

Dear SaaStr: What’s Your #1 Opener in Sales?

Dear SaaStr: What’s Your #1 Opener in Sales? The best opener is sharing how a very similar company or a competitor uses your product — and the exact specific ROI that customer gets. Everyone wants to know the playbooks of similar companies and competitors. How often does your sales team actually do this? Put in…
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Blog Posts, Career Growth & Advice, Growth, Q&A, Sales, Sales

Dear SaaStr: What’s the #1 Mistake New Sales Leaders Make?

Dear SaaStr: What’s the #1 Mistake New Sales Leaders Make? Let me just summarize my #1 observation here: the top mistake first-time sales managers make is recruiting. In that — they can’t do it. They can’t recruit great reps. They can recruit some mediocre ones, but that’s about it. It is incredibly hard to figure…
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Other, Q&A

Dear SaaStr: Does a Big Exit Make You Happy?

Dear SaaStr: Does a Big Exit Make You Happy? Well here in the SF Bay Area … we live in a strange place. Folks I know with “infinite” money sort of fall into 3 buckets: Category 1: Still Building Stuff. For Whatever Reason. In their DNA. This is who they are. Oftentimes, they aren’t really…
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Blog Posts, Q&A

Dear SaaStr: We’re At $8m ARR Growing 90% But Can’t Get a VC To Give Us a Term Sheet

Dear SaaStr: We’re at $8m ARR growing 90% but aren’t really AI Native. VCs won’t take a meeting. Is fundraising hopeless right now? Not hopeless. But brutally honest? You’re in the hardest fundraising environment we’ve ever seen, and here’s why. The Reality: At $8M ARR growing 90%, you’re objectively doing great. You’re in the top…
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Blog Posts, Q&A

Dear SaaStr: At What Stage Should a Startup Hire a CMO?

Dear SaaStr: At What Stage Should a Startup Hire a CMO? Answer: Roughly, when demand gen is no longer the core function of marketing. This also often is the time when you are ready to expand beyond a core small, effective, efficient marketing team: When you have enough of a lead generation engine going, AND…
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Marketing, Marketing, Q&A

Dear SaaStr: How Should I Present The Competition Slide of My Pitch Deck if I Have Too Many Competitors?

Dear SaaStr: How Should I Present The Competition Slide of My Pitch Deck if I Have Too Many Competitors? Simple Answer: Just pick the Top 5 competitors, that’s enough. Not just by revenue, but also, by significance. Longer Answer: The competitor slide is a chance to: Position your company vs. the rest Help VCs get…
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Blog Posts, Q&A

6 Tactics to Retain Angry Customers

Dear SaaStr: What are the different strategies to retain an angry customer? Let’s start with one important learning: angry customers usually aren’t lost customers. If they’ve already decided to leave you for another vendor, they generally just go dark instead. So you still have a shot not just to save them and keep them, but…
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