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The GTM Podcast

GTM 105: Scaling to $100M ARR with Creative Demand Gen and Hiring Discipline with Sam Blond

Jul 30, 2024
01:09:16

Sam Blond is the former Chief Revenue Officer at Brex, where he scaled revenue from $1M to hundreds of millions in ARR. Prior to Brex, Sam served as VP of Sales at Zenefits, growing revenue from $1M to $70M in just two years. After his operating roles, Sam joined Founders Fund as an investing partner before leaving to co-found a new startup.

Discussed in this Episode:

  • Why investing early in sales ops and rev ops is critical for scaling revenue.
  • How to generate demand through creative campaigns and a "concentric circles" approach.
  • The risks of scaling sales teams too quickly based on flawed hiring models.
  • What VCs look for in a compelling founder pitch, beyond just business metrics.
  • Why focusing on generating pipeline is often better than optimizing conversions.
  • How to leverage customer marketing and "raving fans" as an early acquisition channel.


Highlights:
[5:00] – Sam's incredible track record scaling Brex and Zenefits from $1M to $100M+ ARR.
[13:58] – Outlining the most creative and successful demand gen campaigns run at Brex.
[20:17] – The importance of sustaining a culture of creativity in marketing as you scale.
[33:35] – Mistakes made at Zenefits: investing in rev ops too late, deprioritizing customer experience, hiring too fast.
[43:45] – What VCs look for in founders when metrics alone aren't enough to get the deal done.
[52:15] – One thing revenue leaders believe to be true that Sam thinks is bull$***
[60:21] – One thing that is working for Sam in go-to-market right now.

Guest Speaker Links (Sam Blond):
LinkedIn: https://www.linkedin.com/in/sam-blond-791026b/

Host Speaker Links (Scott Barker):
LinkedIn: www.linkedin.com/in/ssbarker/
Newsletter: thegtmnewsletter.substack.com/

Sponsors:

  • Brought to you by Flex. Flex is a finance super app built around a credit card with unique Net-60 day terms that enables businesses to make an investment today and pay it back 60 days later with zero percent interest. If your business growth is constrained by the cashflow you need for inventory, advertising, or something else, Flex could provide you with an interesting growth lever.

The GTM Podcast
The GTM Podcast is a weekly podcast hosted by Scott Barker, GTMfund Partner, featuring interviews with the top 1% GTM executives, VCs, and founders. Conversations reveal the unshared details behind how they have grown companies, and the go-to-market strategies responsible for shaping that growth.

Visit gtmnow.com for more episodes and other interesting content.

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