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Michael Burns

๐Ÿ‘ค Speaker
311 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

So you know you're kind of on the right track if those sort of second and third order questions start coming up around the data.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

This, for me, was huge.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

I really dug into this.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

And the first, I think, practical piece of advice for anyone that maybe had some boom time, and maybe it's not as important to measure all your conversions and your loss reasons because things are going really well and you're hitting your revenue targets.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

Start looking at this.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

Really, really dive into it.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

And there's no substitute for having conversations.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

So the CRM is not going to tell you the skinny.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

The CRM is going to tell you what the salesperson bothered to put in.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

Or in some cases, luckily not at vFairs, but I've run into places where salespeople will blame the product.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

Bad product fit.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

Too expensive.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

Bad lead.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

But when you dig into it, you realize that there are actually some other reasons that are driving to loss.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

So I needed to correct this, but it was also a pretty good indicator that we had some strategy issues, that our messaging maybe wasn't landing as well as it could be.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

So that, again, for me was the key, right?

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

So what I've done now is I've looked at the data.

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

I've said, okay, our data is kind of all over the place, right?

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

That big data point, right, of loss reason is a little bit opaque, right?

SaaS Interviews with CEOs, Startups, Founders
How to turn your sales playbook into a revenue machine that adds $Xm in new ARR per quarter

I don't really understand, you know, what's driving most of the loss.