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Selling SaaS Without Sales Experience to a $20M Series A

Episode 336 Published 3 years, 3 months ago
Description

Nik Mijic had never sold anything in his life. As a former program manager at LinkedIn, selling SaaS without sales experience was the last skill he expected to need. But he figured it out - landing 20 first SaaS customers through his network and raising a $20 million Series A from Andreessen Horowitz.

If you are a technical founder selling SaaS without sales experience, this episode is your playbook. Nik shares how he closed his first deal for $2,500 at a dinner party, used LinkedIn alumni as warm leads, and learned to hire sales reps in pairs to benchmark performance. His founder-led sales journey proves you do not need a sales background to build a real pipeline.

Nik Mijic is the co-founder and CEO of Matik, a SaaS product that automates data-driven presentations for B2B teams including Asana, Glassdoor, and SalesLoft. Matik has raised $23 million total.

🔑 Key Lessons

  • Selling SaaS without sales experience starts with your network - Nik landed 20 customers through personal connections and former LinkedIn colleagues at new companies.
  • Price on instinct when you have zero data - Nik made up a $2,500 price on the spot and the customer said yes immediately, proving early pricing is about testing willingness to pay.
  • Hire sales reps in twos when transitioning from selling SaaS without sales experience - two AEs or SDRs simultaneously lets you benchmark whether issues are people or process.
  • Never fully remove yourself from startup sales - Nik stayed involved in deals after hiring a head of sales to keep the playbook evolving.
  • Build a rotating support structure with three types of mentors - a sibling for venting, a parent for tactical advice, and a grandparent for strategic perspective.

Chapters

  • Introduction
  • Nik's favorite quote: don't let perfection be the enemy of progress
  • What Matik does and the problem it solves
  • Growing up as a Bosnian refugee and coming to the US
  • Leaving LinkedIn and telling his parents
  • Meeting co-founder Zach and testing the partnership
  • Six months of research before committing
  • Raising a $200K SAFE and $3M seed round from Menlo Ventures
  • Landing the first customer at a dinner party for $2,500
  • Overcoming the "will you be around" objection
  • Learning to sell through advisors and iteration
  • The LinkedIn alumni hack for finding warm leads
  • Figuring out pricing through conversations
  • First sales hires and hiring in twos
  • Managing the sales team as a non-sales founder
  • Building the sales playbook through iteration
  • Scaling through expansion within existing accounts
  • Challenges of scaling after raising a $20M Series A from a16z
  • Staying even-keeled through emotional highs and lows
  • Core values: trust and compassion
  • The support framework for selling SaaS without sales experience
  • Advice to first-time founders
  • Lightning round

Resources

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