Dear SaaStr: Should a Startup Founder Handle Sales Themself When First Getting Started?
Dear SaaStr: Should a Startup Founder Handle Sales Themself When First Getting Started?
by | Blog Posts, Early, Leadership, Q&A, Sales
Dear SaaStr: Should a Startup Founder Handle Sales Themself When First Getting Started?
The answer is yes – 95% of the time.
The “best” sequence for building a repeatable sales engine is roughly:
This is the “best” process because it’s the fastest and most efficient.
But, sometimes a founder is >so< terrible at sales, so awful at it, that literally, it’s hopeless.
In that case, hire someone to do sales for you before you’ve even closed 10 customers yourself.
But it’s super risky.
How can you figure out who to hire, if you can’t even close 10 customers yourself? Really … you can’t.
The biggest mistake you can make as a founder when you hire your first VP of Sales is stepping out of sales
I see this again, and again
It only works with the very best VPs of Sales
Every other first VP of Sales needs you doing at least half of what you were doing before
— Jason ✨👾SaaStr.Ai✨ Lemkin (@jasonlk) March 25, 2024
Jason, two questions:
1. When you say “hire your head of demand gen” … is this generally head of marketing in your eyes, or would a head of Sales Development qualify if you’re focusing primarily on outbound? Or does it just depend if the leads are generated primarily via inbound/ outbound? I assume this person is a notch below “VP” level and is actually generating demand (leads) themselves, correct?
2. If the founder has enough bandwidth to close deals and you can only make one hire to start scaling up sales, would you first hire the closer (rep 1 and 2) or hire a sales development rep and have the SDR pass off to the founder to close? I’m thinking hire SDR and/or Head of Demand Gen first, since it’s easier and cheaper than hiring a closer?