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Sam Caucci

๐Ÿ‘ค Speaker
275 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

I think so many startups don't think about the current state of their sales pipeline as their

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

having active conversations around fundraising.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

We have a number of very large enterprises that if they close within the next two weeks, they might drastically change the way we think about the current seed round.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

We might just close it, call it a day, until we have to come back to Series A in a few months from now.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

So we're in a very, very strong position.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

We have a few pretty big active, pretty big clients, very large hospitality client in our pipeline, a very big automaker in our pipeline, and probably one of the biggest sports leagues in the world in our pipeline.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

If two out of those three close in the next 15 to 20 days,

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

We might not need to raise as much as we have currently up on the board.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

I think you have to be proactive.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

So as a founder, my responsibility is to drive the ship with my team like we're not going to need to fundraise.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

However, it would be irresponsible of me to not still have active conversations going.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

So 100%, we've built this business here by selling to customers.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

I would rather raise money through sales.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

However, you have to think worst case scenario all the time.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

I think that we're trying to grow something to, you know, I look at this kind of like we're, we're running, we're running a, we're running a hundred meter dash right now.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

And we got a, once we get through the a hundred meter, we'll figure out if we want to run the 200.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

And if we get through 200, we'll figure out if we want to run the marathon right now, we're not at, we're not at the Usain Bolt or at about the 50 meter mark.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

And, you know, the a hundred meter mark is the ARR goal we have for ourselves.

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

And which is what?

SaaS Interviews with CEOs, Startups, Founders
698: How this Sales Training Tool Went from $600k to $1.2M in Revenue in 1 Year

1.3 million.