Episode Details
Back to EpisodesConsultative Selling SaaS: 1,500 Demos to $19M ARR
Episode 393
Published 1Β year, 10Β months ago
Description
Andrew Guttormsen did over 1,500 one-on-one demos in 18 months - consultative selling SaaS the hard way. That personal touch turned Circle into a $19M ARR business. A single JV webinar with anchor customers like Pat Flynn drove 300 new customers in one push.
Learn how consultative selling SaaS through founder-led demos built unstoppable word of mouth, why anchor customers accelerated the SaaS sales process, and how expansion pricing doubled ARR.
π Key Lessons
- π€ Consultative selling SaaS builds unbeatable word of mouth: Andrew did 1,500 personal founder-led demos at Circle, creating deep connections that turned customers into vocal advocates across Twitter.
- π― Anchor customers accelerate consultative selling SaaS pipelines: Circle made Pat Flynn an advisor, built with his input, and used one JV webinar to land 300 customers.
- β‘ Gated waitlists create pent-up demand for consultative selling SaaS launch: Circle ran a six-month private beta with manual qualification, building demand that fueled zero to $1M ARR in four months.
- π Product-led growth loops compound alongside a consultative selling SaaS process: Every Circle community exposes members to the platform, turning end users into potential customers organically.
- π° Expansion pricing unlocks net revenue retention: Circle added a $30K/year branded app tier targeting the same creators at a later growth stage, helping double ARR from $8M to $16M.
Chapters
- Introduction
- Andrew's background and what Circle does
- Leaving Teachable and starting Circle during COVID
- Raising a $700K seed round and $4M seed extension
- Validating the idea with creators they already knew
- Zero to $1M ARR in four months after public launch
- Using Twitter threads to drive waitlist signups
- Why 1,500 personal demos created unstoppable word of mouth
- Landing anchor customers like Pat Flynn
- How one JV webinar drove 300 customers
- When influential customers have bad experiences
- Dealing with public criticism as a punch in the gut
- Growth beyond $1M: weekly revenue meetings and forecasting
- Building a SaaS sales process with no sales experience
- Doubling ARR from $8M to $19M with pricing and packaging
- Moving up-market with a $30K/year branded app tier
- Lightning round
Resources
- Full show notes: https://saasclub.io/393
- Join 5,000+ SaaS founders: https://saasclub.io/email