article thumbnail

2021 Financial & Operating Benchmarks: How to Become One of the ‘Haves’ of SaaS

OpenView Labs

In 2021 the ‘ Rule of 40’ died, according to our latest 2021 Financial & Operating Benchmarks report that launched last week. . The ‘haves’, defined by growing quickly out of the gate and then maintaining 50% or faster revenue growth at significant scale, have seen their valuations skyrocket over the years.

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?

Insiders

Sign Up for our Newsletter

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

article thumbnail

NEW POLL – Remote Work & Office Space Planning

OPEXEngine

If you haven’t seen the results from the past two poll results, you can click here for the Changes to SaaS Sales Quotas, Territories, and Commission Payments results. Benchmarking your company is more important now than ever. Schedule a demo with me here and learn how you can start benchmarking your company now.

article thumbnail

Going Global: Key Considerations to Drive SaaS Success Abroad

OPEXEngine

High Growth SaaS Companies Get A Significant Portion of Revenues Internationally. OPEXEngine benchmarking data reveals an interesting trend. By contrast, slow-growth companies reported 20% revenue from international business in 2020. Payment Processing and Currency Management. Company Maturity.

article thumbnail

Is Your Sales Organization Ready for a Recession?

OPEXEngine

No digital tool can compensate for a lack of discipline at the front line. By benchmarking critical go-to-market KPIs, like the Magic Number – which measures how many new dollars of revenue growth are obtained getting from your sales and marketing investment compared to your competitors. Amplify low-cost sales channels.

Scale 59
article thumbnail

The Startup Funding & Financing Guide

Baremetrics

Company C was funded by pre-orders from customers, a friends and family round, and then through revenue-based financing for a period of time. Dictionaries and founders alike can’t agree on the definition of what it means to bootstrap a business. Bootstrapping purists insist on only using revenue from customers to fund the business.

Finance 111
article thumbnail

Startup Sales: Everything You Need to Know About Building Your First Sales Team

Chart Mogul

How after that payment was processed or that service order was signed, you set your sights on cloning that customer. Like any critical role, executing a planned hiring process will help you hire and retain top talent. Your sales team is responsible for bringing revenue into your company. Here’s what I mean….