5min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20 Sales: How To Interview Sales People; The Red Flags and What to Look For, How Sales Leaders Should Change Goals and Quotas in Harder Markets and What Reps Can Do To Ensure They Hit Their Numbers in These Markets with Eleanor Dorfman, Sales Leader @ Ret

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

Founders, What's Your Biggest Advice When It Comes to Pricing?

When it comes to pricing, I'm always like, oh, fuck it. Don't bother to reinvent the wheel. If it works for other people, just do it. It's important to know what your value metric is and to always start with, how do customers get value out of my product? What is that metric? How can I get as close to that metric as possible? Because you need the price to value to be there. When you buy more Stripe and you spend more money, you get more revenue. There is extremely tight price to value alignment. That comes down to the culture. Do you have a high ownership, high accountability culture where reps feel very accountable to bringing

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