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Consultative 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.

πŸ”‘ Key Lessons

  • 🀝 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.
  • 🎯 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.
  • ⚑ 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.
  • πŸš€ 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.
  • πŸ’° 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

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