Dear SaaStr: When Should a Startup Hire its First Sales Person, and What Should Their Profile Look Like? - The Entrepreneurial Way with A.I.

Breaking

Sunday, July 17, 2022

Dear SaaStr: When Should a Startup Hire its First Sales Person, and What Should Their Profile Look Like?

#SmallBusiness

Q: Dear SaaStr: When Should a Startup Hire its First Sales Person, and What Should Their Profile Look Like?

We’ve talked a lot about this on SaaStr, let me summarize my top learnings from 15+ years:

  • Try to close at least 10–20 customers yourself first, before you hire a sales rep. You can’t teach them how to do it if you haven’t done it yourself.  A bit more here:

Dear SaaStr: Should I Hire a Sales Rep First, Or a Sales Manager?

  • Then, hire a sales exec to help you. Hire someone that has sold at your price point / deal size. If they have, they’ll roughly know what it takes to close your type of deals. The number of calls, Zooms, demos, discussions, etc.
  • Don’t hire someone that hasn’t worked at a startup. This never works. They can’t sell without a brand behind, without lots of sales ops help, without collateral, etc.  It’s not their fault.  They just rarely can survive without all that infrastructure and brand behind them.
  • Most importantly — don’t hire someone you wouldn’t buy your own product from yourself. Everyone makes this mistake. Leads are so precious in the early days. You can’t entrust them to someone you wouldn’t buy from yourself. No matter how impressive their LinkedIn, or how smooth their talk is.  More here:

How to Ensure Your First 2 Sales Reps Actually Work Out

  • Ideally, hire 2 reps, not just 1. If you just hire 1, even if they do well, you won’t be sure why. You want to run an A/B test and see how different things work, and when they don’t.  More here:

When You Hire Your First Sales Rep — Just Make Sure You Hire Two

  • Remember a great sales rep is accretive. A poor one costs you money, though. The best reps close much more than they take home in comp, at least over the course of a year. So don’t be scared to hire a great rep.

A related post here:

The post Dear SaaStr: When Should a Startup Hire its First Sales Person, and What Should Their Profile Look Like? appeared first on SaaStr.





via https://www.aiupnow.com

Jason Lemkin, Khareem Sudlow