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Building A Sales Development Function for Early Stage Startups with Sally Duby

Mucker Lab

In navigating the transition from founder-led sales to a structured approach, the pivotal question arises: when to hire a Sales Development Representative (SDR) or an Account Executive (AE) ? If there are inbound leads, the situation is different; hiring an AE might be suitable if these leads align with the ideal customer profile.

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12 ways to get your business development and tech teams on the same page

The Next Web

Here’s a problem I bet every non-technical founder has experienced: the communication gap between what the biz dev team wants and what the tech team thinks they want, and vice versa. You need to build trust between these teams. This makes people more aware of what their team members are up to and creates more harmony.

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Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. Another one to avoid cash burn for software development is a contract for percent of future revenue. Focus precious cash only on producing revenue for your startup business. Great strategy.

Burn Rate 232
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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. Another one to avoid cash burn for software development is a contract for percent of future revenue. Focus precious cash only on producing revenue for your startup business. Great strategy.

Burn Rate 231
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Doing the Right Things is More Important than Doing Things Right

Both Sides of the Table

You can often measure how many deals were achieved but there often doesn’t flow a steady stream of revenues / profits from these deals. When you hire people in functional roles they want to show that they’re achieving results and results are easiest to measure by tasks accomplished. Let me give you an example.

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Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. Another one to avoid cash burn for software development is a contract for percent of future revenue. Focus precious cash only on producing revenue for your startup business. Great strategy.

Burn Rate 120
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Equity-Only CTO and Equity-Only Developers

SoCal CTO

Was it a Startup Founder Developer Gap ? Did they really need a Startup CTO or Developer or both? Did they have a Weak Development Team ? You should avoid spending your time here and instead focus on finding a way to generate revenue or to attract investors so that you can afford to hire someone.