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Steli Efti

๐Ÿ‘ค Speaker
217 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

What did we do wrong in our marketing?

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

What did we do wrong on our sales to never indicate that this is a customer that shouldn't buy our product?

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

We did something wrong on the marketing and sales side then.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

We just don't share any numbers.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

There's no big strategic reason for it.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

I think just we like, I don't know, we like a certain level of privacy.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

We're pretty open about a lot of things like sharing tactics on how we're succeeding in terms of how we do sales, how we do marketing.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

Well, what we are doing, we do a lot of things, but what is a tactic that people that listen, there's a high likelihood that somebody can take something away from it.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

I think that the biggest secret to success if you're early stage is that for us going from idea to selling,

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

was something that was a matter of minutes and not a matter of weeks, months.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

So when we launched Closer, we had a bunch of customers for it.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

We launched a CRM that didn't have

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

didn't have reporting in it.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

So we were early on, this is maybe a strategy that's fine.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

Early on a lot of times companies try to have a perfect product so they don't experience any churn before they launch.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

And they take any kind of excuse that a customer will give for why they're not buying as a reason to add this to their product roadmap.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

What we did is we said, we have one very unique, strong thing that the product does.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

If people really care, they'll buy even if it's really insufficient in many other areas.

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

Like we sold sales software that didn't have any reporting in it and people still bought, but then they canceled, right?

SaaS Interviews with CEOs, Startups, Founders
EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M

They were buying, they loved it.