S2E22 - How to grow your B2B SaaS to 10M ARR? Advice from 20 experts.
Nov 30, 2023
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Learn how to grow your B2B SaaS to 10M ARR from 20 experts covering topics such as profitable ads, selling SaaS, SEO, user onboarding, building a sales team, securing investments, and achieving product-market fit.
Diversifying channels and strategies through increased funding is crucial for B2B SaaS growth to 10M ARR.
Implementing outbound tactics alongside inbound strategies ensures scalability and control over business destiny for B2B SaaS growth.
Deep dives
Allocating More Money to Testing and Experimenting for Growth
Companies aiming to grow their BDB SaaS to 10 million ARs are advised to maintain their core activities while investing more in testing and exploring new avenues through increased funding. By diversifying channels and strategies, businesses can uncover fresh paths to expansion, making it a crucial step towards achieving growth.
Emphasizing Outbound Strategies alongside Inbound for Sustained Growth
Focusing solely on inbound strategies may limit the growth potential of BDB SaaS companies aiming for the 10 million AR mark. By mastering outbound outreach to new markets, organizations can safeguard their growth trajectory and maintain control over their business destiny. Implementing outbound tactics, such as expanding to untapped territories or introducing new products, complements inbound approaches and ensures scalability and adaptability.
Transitioning to a More Structured Approach Beyond 3 Million in Revenue
As BDB SaaS companies surpass the 3 million revenue mark, a shift towards a more organized and focused business model becomes imperative. Prioritizing successful strategies and doubling down on proven methods, whether in hiring, sales, marketing, or product development, is crucial for accelerating growth towards the 10 million ARR milestone. By streamlining operations and emphasizing core approaches, businesses can enhance efficiency and propel towards higher revenue targets.
Optimizing Churn and Scaling Through Effective Team Management
To achieve a 10 million AR milestone, BDB SaaS companies must prioritize reducing churn rates and enhancing customer retention. By focusing on improving the onboarding process and ensuring users derive value from the product, businesses can boost customer loyalty and reduce acquisition costs. Additionally, building a competent team and fostering effective team management are essential steps towards scalable growth and sustained profitability in the SaaS industry.
In season 2 of the Grow Your B2B SaaS podcast, we asked all our guests the same question: "What kind of advice would they give a B2B SaaS founder growing to 10M ARR?" So have you surpassed the 10K MRR, and looking to scale to 10M ARR? This podcast episode is for you! This podcast episode will be packed with valuable advice.
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Since we asked all the guests the same question, but they covered different aspects, you will be able to get many other answers. Want an even quicker way to digest the information?