article thumbnail

Dear SaaStr: What Are The Most Common Mistakes First-Time Founders Make Building Enterprise Sales Teams?

SaaStr

Skipping Founder-Led Sales : You cant outsource the early sales process. If you hire reps who cant handle rejection or dont know how to compete against other vendors, theyll struggle. If these teams arent working together, deals will stall, and churn will rise. Your team needs to be competitive, resilient, and hungry.

article thumbnail

Outsourcing Your SaaS Marketing: How to Choose an Agency That Digs Your Business

Incredo

As a SaaS vendor, you should be familiar with how competitive the environment in this field is. Vendors like you react at the same rate and come up with helpful applications for the cloud paradigm. Vendors like you react at the same rate and come up with helpful applications for the cloud paradigm.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Interesting Learnings from Chime at $2 Billion in ARR

SaaStr

All deposits and card issuance are handled by partner banks like Bancorp and Stride. For B2B/SaaS companies: consider which operational complexities you can outsource to specialized partners to focus resources on your core differentiator. #8. This partnership approach allowed massive scaling without banking regulatory overhead.

article thumbnail

5 Interesting Learnings from UiPath at $600,000,000 in ARR

SaaStr

It was founded way back in 2005 as an outsourcing company, then developed Windows software to automate scripts and more, and turned this into a powerhouse for automating complex functions integrating Cloud and on-prem. 2005: Started as a tech outsourcing company. Technology partners and SIs are key to growth. 2014: $500k rev.

article thumbnail

5 Interesting Learnings from HubSpot as It Approaches $1 Billion in ARR

SaaStr

But no big boost from net negative net churn. 40% of their revenue comes from partners and the channel. Like Atlassian, Hubspot gets significant revenues from partners that deploy their products to the end customers. HubSpot has gone global with a fury since 2014, driving from 22% international revenue to 40%.

article thumbnail

The Top 10 Important Finance Mistakes First Time Founders Make

SaaStr

Take a read if you are still running finance yourself, or just have an part-time outsourced resource. Companies grew more slowly, there was nothing for a CFO to really do for years, and you could sort of outsource everything and just keep an eye on the bank statement. Find accounting firms that outsource different roles.

Finance 332
article thumbnail

A Startup’s Guide to Outsourcing

Tom Tunguz

During the life of a startup, the question of outsourcing can arise frequently whether for PR, marketing, product design, sales or engineering. Outsourcing can be very attractive: consultants bring new points of view, relevant experience and (potentially) immediate results. The high churn rates of the PR industry reflect this reality.