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Prasanna

๐Ÿ‘ค Speaker
391 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

Sales is often a symptom.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

It's not the root cause.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

The root cause could be that, you know, you've not done the positioning right.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

You've not allowed the customer to have the conversation placed in the right box in their head.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

So whenever having a positioning conversation, I say, think about x-axis and y-axis.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

Plot a graph like this.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

When thinking about positioning, remember this phrase, association and differentiation.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

First association, then differentiation.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

Association is what is that x-axis?

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

What is that category name?

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

If you don't have a category name, find a good analogy.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

What is that analogy that people already understand around which you can hang the explanation about your product?

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

And then what is it that you will do to differentiate?

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

Not only do you want to make sure that you are in the right container in customer's head, but you want to make sure that your product is the one that gets placed in the container.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

So you have to think about differentiation.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

So associate and differentiate.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

Now you could say, like, you know, existing blog.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

So you could say, you know, existing blog with a certain height.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

Don't do that.

SaaS Interviews with CEOs, Startups, Founders
108 ways of getting to a million dollars in ARR

Say chair on the x-axis or say CRM.