article thumbnail

Dear SaaStr: What Are The Biggest Problems You Face as a Startup Founder?

SaaStr

Dear SaaStr: What Are The Biggest Problems You Face as a Startup Founder? From $1m in ARR, and Then Forever After: Recruiting Great VPs. Later, once you have a brand, you’ll be competing with Hot Startups nipping at your heals for top VPs. You need to learn to become great at recruiting. This challenge never ends.

article thumbnail

The Top 10 Mistakes I See In The VP of Sales Hiring Process

SaaStr

So we’ve spent a ton of time over the years on SaaS talking about hiring a great VP of Sales. Not only because it really matters, but because hiring the wrong VP of Sales can set you back a year — or longer. So many VPs of Sales disagree with me here — at least at first when I make the point. Sales is hard.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Everything I’ve Learned About Recruiting and Interviewing

Kellblog

Emboldened by this seeming endorsement, I dashed off what turned into a lengthy email on interviewing and recruiting, a topic about which I am passionate not because I think I am good it, but because I think I am not. Thoughts on The Recruiting Process. Remember it’s a mutual sales process. Consider a try-and-buy.

article thumbnail

Startup Best Practices 21 - Your Startup's Recruiting Scorecard

Tom Tunguz

Specifically, she champions a metrics-based approach for developing world class recruiting teams. Because of her position, Maia has observed recruiting patterns in hundreds of companies, and has developed best practices for startups. Maia reports these five strategic recruiting metrics to the executive team each quarter.

article thumbnail

Flat Metrics: The One Clear and Simple Sign its Time to “Top” a VP

SaaStr

You see this time and time again in startups that are late to “top” their first set of VPs. You’ll see: Bookings that stop increasing. You’ll see: Bookings that stop increasing. For example, a great Stretch VP of Sales might get you to from $50k to $500k a month in new bookings.

article thumbnail

Redpoint SaaS Startup Key Metrics Template

Tom Tunguz

The template is broken into six sections: People, Bookings & Revenue, Cash, Sales, Marketing, Customer Success. People is the first section because people are a startup’s most important element. This section covers employee satisfaction, headcount, and recruiting metrics. Redpoint SaaS Metrics Template.

Metrics 209
article thumbnail

Hiring for Bookings Capacity in Sales

Tom Tunguz

How much revenue do you want to book for your SaaS startup next quarter? It’s another thing altogether to have the sales team staffed to close that amount of business. The bookings capacity of the business is the amount of business a sales team should book in a certain period. So does recruiting time.