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Nathan Latka

๐Ÿ‘ค Speaker
224696 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

So they have to close a million of new ARR each year.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

That's their quota.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

And what can you share?

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

Don't name a specific, obviously employee, but what's the base salary you're paying your new AEs?

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

Yep.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

And guys, real quick resource I want you guys to have, and Mike just nailed it, but at FounderPath, we anonymize all of the payroll data that founders give us, and we publish real-time changes in salaries.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

You know, SaaS companies are paying based off real-time data.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

Mike, you'll see this matches almost what you just said.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

So 833 real salaries and payroll flowing through founder path.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

If we go into account executive, you'll see the highest, the best, the top performers are getting 122 base.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

The new guys are getting 50 K base.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

And then OTE is about double each of those things.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

You can see the different brackets here.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

So you're sort of right on the money in terms of quota targets relative to OTE.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

Very good.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

All right, so that's your growth strategy today.

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

How many sales reps are on your team?

SaaS Interviews with CEOs, Startups, Founders
How Buildern Reached $2M Revenue With 300 Customers | Hmayak Tigranyan

You said there's 35 total.