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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I had previously raised VC in 1999, 2000, 2001 and 2005. I had seen many cycles and decided that since I was going to do it all over again I should write about it. I had planned a balance of large companies and SMB/divisional sales but have changed my thinking. But not one VC thought I should go after big, enterprise clients.

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Prevailing Wisdom

Mucker Lab

2005 – “Sales cycle is too long for software companies selling to government and educational sector”. (Everything). 2002 – “Consumer electronics is a low margin and highly competitive industry”. 2003 – “The browser war is over, Microsoft has won”. 2008 – “RIP, Good Times”.

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Prevailing Wisdom

Mucker Lab

2005 – “Sales cycle is too long for software companies selling to government and educational sector”. (Everything). 2002 – “Consumer electronics is a low margin and highly competitive industry”. 2003 – “The browser war is over, Microsoft has won”. 2008 – “RIP, Good Times”.

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Relationships Do Matter in Business

Up and Running

Siemens’ strategic accounts experienced nearly three times the companywide growth rate from 2005 to 2010, a phenomenon that translated to defined industries like metals and mining as well as regional markets like Brazil. How do SAM teams accomplish this impressive growth? Does your business use SAM principles?

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How to pivot away $34m: Israel’s Xeround shuts it doors with a lesson

The Next Web

Xeround was founded in 2005 by Sharon Barkai – founder of Sheer networks, which was eventually sold to Cisco , and Dr. Gilad Zlotkin – founder of Class Data, also sold to Cisco. Sales cycles were long and unpredictable. What happens when you over-pivot.

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Why Don't Universities Teach Sales?

Altgate

On the other hand, what little academic work on sales that is out there, is amazing, like Mark Leslie’s Sales Learning Curve. Wouldn’t it be great if there was research that used real data on the expected sales cycle, deal size and other parameters in various industries?

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Lead Magnets: Email List Building on Steroids

ConversionXL

This originates from the late internet marketer Corey Rudl (he passed away 2005) who said that he had to connect with a customer at least 7 times via email before they were willing to purchase his online marketing courses. How to test the length of the sales cycle. emails) before they’re ready to buy.

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