article thumbnail

How to Scale Go-to-Market Through IPO with ICONIQ Growth’s General Partners

SaaStr

The four stages of growth are: Early stage Early growth Growth Pre-IPO Each of those stages has key GTM milestones, benchmarks, and team-building strategies that allow you to grow effectively. That’s a big change, and they can do it by building the first incentive compensation plan that includes variable compensation for specific goals.

Scale 242
article thumbnail

5 Tips to Reduce the Enterprise Sales Cycle With TripActions’ GM: SaaStr Podcast 472 and Video

SaaStr

Here’s how: Align Compensation: If you plan to close enterprise deals, you must be prepared to pay for the right salespeople. At TripActions, the sales reps are compensated based on the customer’s adoption and successful use of the platform. Subscribe. Create a Sales Engine. Pick Your Lane. Leverage Executives.

Scale 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

“What Do You Mean They Quit?!” Don’t Give Your Engineers a Reason to Leave with Notion’s Head of Engineering: Michael Manapat, Change.org’s CTO: Elaine Zhou, and Plato’s CEO: Quang Hoang (Video)

SaaStr

The reasons for this kind of nomadism can be complex—compensation, a growing remote-first workplace, morale, or a company’s reputation might contribute to their decision to leave. How do they sufficiently value and compensate an engineer’s skills in such a competitive market? Individual Growth. Career Growth. Key Takeaways.

CTO Coach 233
article thumbnail

The Ins & Outs of Variable Pay Compensation Structure for Sales Teams

Sales Hacker

With increasing focus on grit and many claims of meritocracies in organizations across the country, why does variable pay compensation even exist? On top of that, why are sales people some of the few employees subject to variable compensation structures? What is Variable Pay Compensation Anyway?

article thumbnail

3 Ways to Build Customer Loyalty in the First 3 Months

Sales Hacker

Measuring “Time to Value”: Quantifiable Benchmark: This metric provides a benchmark for onboarding efficiency. For example: Supporting Thought Leadership: Identifying Opportunities: Actively monitor industry trends for opportunities for customers to showcase their expertise. See more top GTM jobs here.

article thumbnail

How to Create a Customer Advocacy Strategy for SaaS Companies

User Pilot

Types of customer advocacy programs Companies use a few kinds of customer loyalty programs to boost visibility and drive growth : Customer referral programs reward users with discounts, upgrades, extra credits, or even monetary compensation for referring prospective customers to the product.

Scale 99
article thumbnail

Unsure how much you should pay yourself? Check out this Founder Salary Calculator.

The Angel VC

A founder’s cash compensation doesn’t reflect the value which she contributes to the company anyway, so who cares if one of them gets a little more than the others. Notes The numbers in the model reflect what I think is market and fair based on the data points that we have and some industry benchmarks that we were able to get.