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Do You Have to Get Good at Sales as a B2B Founder?
As a founder, do you have to get good at sales? You know, a lot of founders are like, oh my God, I didn't. We're going to be self-serve freemium. We don't need sales. That's okay. But what he would say there is that there are a lot of PLG or self-serVE motions out there that have really kind of like, they stagnated themselves because they didn't add the sales piece to it. He says never mistake your lead gen for your business.
Pete Kazanjy is the author of Founding Sales: The Early Stage Go-to-Market Handbook and the founder of Modern Sales Pros, an invite-only peer learning community focused on sales operations and sales leadership. He’s also the co-founder of Atrium, a B2B SaaS company that provides data-driven sales solutions. Pete got his start in product at VMware and then dove deep into the art and science of sales. In today’s episode, we talk about the importance of founder-led sales and how to methodically scale a sales department. He explains the difference between old-school sales and modern sales, which focuses on human connection and solving problems for customers. He also shares actionable tips to improve your sales technique and explains how to use data to monitor your success at different milestones in the sales process.
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Find the full transcript here: https://www.lennysnewsletter.com/p/founder-led-sales-pete-kazanjy-founding
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Thank you to our wonderful sponsors for supporting this podcast:
• Vanta—Automate compliance. Simplify security: https://vanta.com/lenny
• Flatfile—A CSV importer that says yes instead of error: mismatch: https://www.flatfile.com/lenny
• Merge—A single API to add hundreds of integrations into your app: http://merge.dev/lenny
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Where to find Pete:
• Twitter: https://twitter.com/Kazanjy
• LinkedIn: https://www.linkedin.com/in/kazanjy/
• Website: https://kazanjy.svbtle.com/
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Where to find Lenny:
• Newsletter: https://www.lennysnewsletter.com
• Twitter: https://twitter.com/lennysan
• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/
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Referenced:
• Founding Sales: The Early Stage Go-to-Market Handbook: https://www.amazon.com/Founding-Sales-Go-Market-Handbook-ebook/dp/B08PMK17Z1
• Brianne Kimmel’s SaaS school: http://briannekimmel.com/saas-school/
• Modern Sales Pros: https://modernsaleshq.com/
• The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898
• The Four Steps to the Epiphany: Successful Strategies for Products That Win: https://www.amazon.com/Four-Steps-Epiphany-Successful-Strategies/dp/1119690358/
• Pete’s presentation on founder-led sales: https://www.youtube.com/watch?v=WAXIVAZJyPA
• Pete’s guest post on Lenny’s newsletter: https://www.lennysnewsletter.com/p/sales-bottom-up
• The Cadence: How to Operate a SaaS Startup: https://medium.com/craft-ventures/the-cadence-how-to-operate-a-saas-startup-436aa8099e8
• Maker vs. Manager Schedule: http://www.paulgraham.com/makersschedule.html
• Amplitude: https://amplitude.com/
• Atrium: https://www.atriumhq.com/
• Greenhouse: https://www.greenhouse.io/
• Pete’s ICP Template: https://www.foundingsales.com/2-product-marketing#building-narrative
• Marissa Fuhrer Bell on LinkedIn: https://www.linkedin.com/in/marissafuhrer/
• Data-driven sales master class: https://salesnerds.atriumhq.com/msp-nailing-science-of-sales-figma-webinar-video
• The Goal: A Process of Ongoing Improvement: https://www.amazon.com/Goal-Process-Ongoing-Improvement/dp/0884271951
• The Score Takes Care of Itself: My Philosophy of Leadership: https://www.amazon.com/Score-Takes-Care-Itself-Philosophy/dp/1591843472
• All-In podcast: https://www.allinpodcast.co/
• Encanto on Disney+: https://www.disneyplus.com/movies/encanto/33q7DY1rtHQH
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In this episode, we cover:
(00:00) How Pete met Lenny
(05:05) Pete’s background
(07:20) Modern sales vs. old-school sales
(09:17) What is founder-led sales, and why is it so important?
(14:58) When to hire your first salesperson
(18:20) Why you should keep your in-person events to around 10 people
(19:34) What a sales motion is and why it needs to be updated regularly
(20:55) What are the leading indicators of success?
(23:54) Why founders don’t need to be rock stars at sales
(28:28) Sales mindset changes—the number-one tip to improve your sales
(33:30) How modern sales should focus on helping customers solve problems
(36:00) A few tips to help you get better at sales
(36:40) ICP and personas
(39:14) Why you should hire junior sales staff in the early stages
(45:40) Signs your new hires aren’t a good fit
(47:38) The importance of using metrics for success
(49:33) Month-by-month expectations for sales hires
(51:19) Why work from home is bad for junior salespeople
(54:19) Why you shouldn’t be afraid of sales
(55:19) Lightning round
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Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.
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