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Soumya Murthy

๐Ÿ‘ค Speaker
253 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

So we use that, our founder to this day, just an excellent pivot master.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

And we had a team of very deliberative analytical engineers who would have done analysis paralysis.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

We use the situation to say,

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

let's focus on these 20 plus options that we have to go to market, and really focused on one to two, and signal to the marketplace using customer experience-led prototyping that we're all used to.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

Now, in the burnout section,

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

The folks that came in from the US enterprise, as you can imagine, struggled with this dynamic move and the nature of that kind of a pivot.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

But the original service bootstrappers thrived for the most part.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

And the wins, we hit the ground running with $2.2 million ARR, 60 new logos added.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

And the biggest point, in this market, if you don't have an enterprise deal, your marquee accounts

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

You're not going to make it for long.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

So we were able to hit that.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

And we had a really strong market entry to go up against our competitors worth $300 million AR companies, existing incumbents, right?

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

And vertically oriented Quorum and P2.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

So what we said was, hey, let's keep doing more of this, looking at our internal talent.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

but none of us were extreme talent experts.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

So what I'm about to show you is a lens that we in-house developed.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

Now, guys, there are a whole slew of AI-based and other personality profiling things.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

So please don't look at these, although it's in a box.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

look at this more as a lens we created to start having normalizing language around organic talent.

SaaS Interviews with CEOs, Startups, Founders
Reduce Your Employee 'Burn Rate' to Improve Your Startup's Burn Rate: 5 Tips for Talent Retention

Because we human beings are complex designs, right?