Congratulations are in order when you reach this stage. As a CEO, you have closed your initial set of paying customers, you have identified and successfully sold the repeatable sale and you are probably somewhere around $20M in ARR. Now you are ready to raise the “market scale” round of financing and grow out your sales, … Continue reading How to Successfully Scale Sales Past $20M
Congratulations! You’re now approaching $10m in Annual Recurring Revenue (ARR). You most likely have at least 25 customers and are expecting some add-on sales or renewals this quarter. As mentioned in the last post, a critical indication of the future success of a Stage 1 company is the ability to move beyond beta customers to … Continue reading CEO: How to Scale Over $10M ARR: Sales Repeatability
Who Should I Hire First? Many technical founders struggle to build out their initial sales team. Some of the questions they wrestle with during this initial growth stage were introduced in our last post, Why Don't I Have 100 Customers Already. They include: When should I start hiring salespeople? What does a "good" salesperson look like? How … Continue reading 7 Tactics to Hiring Your First Sales Team
Early-Stage Start-Up CEOs Face Important Go To Market Decisions. As a Series A, B or C stage CEO, you are faced with important go to market (“GTM”) decisions very early in the life of your company. You have a great technology vision and spent countless hours building a product with an early technical team. Your product … Continue reading Why Don’t I Have 100 Customers Already?