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To Really Scale, You Need $1M on Your Balance Sheet for Every $2M in ARR

SaaStr

“My CEO Told Me To Stop Selling So Much” Recently, I met with a sales leader I’ve known for years, and he told me The Most Curious Story. The sales-driven customers are very profitable on a CAC basis, since their lead cost is $0, and so the ‘Magic Number’ or CAC/CLTV ratio is very favorable.

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Tackling Negativity-A Salesperson's Guide to Thriving Amid Rejections

Iannarino

You may have a problem making the numbers balance, but the numbers won’t choose another person to tally your balance sheet. Your mindset is critical, and selling is in some ways different from other business roles. If you were an accountant, you would not be competing with several accountants.

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WITCE Wednesdays — The Balance Sheet

A Sales Guy

This week we’re going to tackle the balance sheet. The balance sheet and the profit and loss statement go hand and hand and should be evaluated together. A balance sheet on the other hands shows the health of a business and it’s a fixed period of time. After net receivables is inventory.

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AMA: Hot Takes on SaaS Metrics with SaaStr Founder Jason Lemkin

SaaStr

Sales is much harder than in 2021. Therefore, sales and marketing practices made no sense in 2020. How Does That Impact Sales and Marketing? In 2021, many sales folks were marginally efficient. If you have a good sales and marketing team, they will respond. It’s a cancer on the sales team.

Quota 83
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Determining Sales Turnover: A Simple Guide

The 5% Institute

At The 5% Institute , we understand the importance of sales turnover for any business. It is a key metric that provides insight into the effectiveness of your sales strategy. However, many business owners find it challenging to determine their sales turnover accurately. What is Sales Turnover?

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Dear SaaStr: A Big Potential Customer Just Asked for Our Financials. We Haven’t Raised Much. What Do We Do?

SaaStr

In the end, what do you do if your balance sheet — is modest? They’ll push for your financials, and cash balance. They understand some of these vendors have weak balance sheets. And put together the right, simple disclosure for your sales team and others to use (as Nick Mehta suggests above).

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Top SaaStr Content for the Week: New CRO Confidential with Splunk, What’s New at WordPress, Jason’s 2024 State of SaaS and lots more!

SaaStr

Check out this week’s top blog posts, podcasts, and videos: Top Blog Posts This Week: 3 Big Changes in Running SaaS Companies in 2024 My Best Advice for 2024: Work Harder To Really Scale, You Need $1M on Your Balance Sheet for Every $2M in ARR How Long Does It Take to Close an “Average” Deal in SaaS?

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