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How I built 3 SaaS companies to $20m ARR

A Customer Validation Framework, mutual action plans and a LinkedIn playbook behind 3,600% more engagement, from Dealpad's CEO

Adam Baker · Dealpad

Published September 1, 2022
About this resource

Adam Baker knows SaaS: he’s built 3 to over $20m in revenue.

In 20 minutes, you’ll learn:

- The playbook for increasing Linkedin engagement by 3,600%

- Customer Validation Framework for new launches

- Why deals don’t close + how Adam solves for it

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What you’ll learn

Adam Baker shares lessons from building SaaS companies, including customer data validation, complex sales processes, reducing contraction, and mutual action plans for closing enterprise deals.

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Key moments

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Building multiple SaaS companies

“please welcome Adam Baker to the stage [Applause] [Music] my father once told me that if you fail to prepare you're preparing to fail so this should be an interest in 20 minutes buckling I'm Adam I'm the founder of actually Four SAS companies one failed so I talk about that more than I do the the successes I've had I'm based in London I'm currently the founder and CEO of”

Customer data and validation

“bit about our customer base so we custom everything right so there's nothing off the shelf with churnally we've got some models that we use one of the biggest challenges we have is data getting our customers to or our prospects to share data with us it's one of the biggest challenges we've got from from one data center to the other for lots of different reasons and so we we really had to go back to the drawing board and figure out who our customer was who did we want to service we had at one point we had DHL calling us and”

Navigating complex sales processes

“as well and then we we almost always talk to a the IT department so how do we then get your data what data do you have how's it structured can we even work with it and we go it takes about six weeks and we go through this process now you can do this for any single sales process you run it hasn't got to be as as detailed as this but if this works right because if you start getting the executive alignment um even if it's a 10K deal you're going to close that deal I've I've seen it”

Preventing revenue contraction

“customer on you might sell 100 seats and you've still got that customer in 12 months time but you've probably churned 60 of your seats so you're Contracting Revenue and so what we look at is how you how you stop contraction and what we've found is that there are a number of kind of common triggers that um that really um determine whether a customer is going to Churn it on and so credit card expires if you if you if you enable your customers to pay via your your web app and they pay on the credit card their”

Using mutual action plans

“one in uh Q what is that Q3 last year then they started to build out Mutual action plans via the opad and in the next quarter that's their close one and the following quarter that's their close one so mutual action plans and bringing your buyers together works brilliantly we see it repeatedly so I've already spoken to you about that and then finally I'll just jump through these things I just want to talk to you”

Winning GTM foundations

“Founder500, March2023 Adam Baker CEO of dealpad.io How to consistently win 7-figure software deals”

Finding the ideal customer profile

“How We Found Our ICP Personal profiling questions Day in the life What’s the business pain”

Founder-led executive outreach

“The Best Seller in Your Company Will Always Be You My personal outreach on LI and email had 70% more response than our SDR team 36% of those responding to me = sale C-level relationships became the difference to us closing 3 $500k ARR contracts Founders shoot big and move the needle on getting shit done”

Selling outcomes instead of features

“Become Obsessed With Outcomes How is your product roadmap delivering the outcomes your customer is paying for? Never market a feature again. Show outcomes. Build a value-led sales motion Simon Sinek was right, focus on the ‘WHY’”

Predicting and preventing churn

“How We Predict 98% of Churn Events Months in Advance Credit card expires Contract notice period too close to renewal date They haven’t seen growth You don’t know the precise combination of features that drive users to value, repeatedly”

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About the speaker
Adam Baker

Adam Baker

CEO · Dealpad

Adam Baker is the co-founder and CEO of Dealpad. Adam has over 20 years of experience in software sales. He's on a mission to improve the experience for software sellers and buyers, by giving sales teams the tools and process to align with their buying committees.

Adam has founded, scaled, and exited two SaaS companies as CEO with $20M revenues and led global SaaS sales organizations, including at Salesforce.

Company revenue
$2.4M
Team size
16

Slide text

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25 passages

Winning GTM foundations

  1. Founder500, March2023 Adam Baker CEO of dealpad.io How to consistently win 7-figure software deals

  2. Over the next 20 minutes: Increase your win-rate by 40%+ I’m going to show you BUILD A WINNING GTM 3 CO’S, $20M ARR Resources How we increased Linkedin engagement by 3,600% Customer Validation Framework for new launches Sales Validation Framework to close deals Mutual Action Plan Enterprise SaaS Sales Playbook MEDDPPIC Scorecard

  3. Learnings from Building 4 SaaS Companies

  4. Learnings from Building 4 SaaS Companies

  5. Churnly Revenue Growth

  6. In Q1 2020 DealPad Grew ARR by $2m

Finding the ideal customer profile

  1. How We Found Our ICP Personal profiling questions Day in the life What’s the business pain

  2. How We Won Deals in Ultra Complex Process Value Validation Value Workshopping Focus on outcomes

Founder-led executive outreach

  1. The Best Seller in Your Company Will Always Be You My personal outreach on LI and email had 70% more response than our SDR team 36% of those responding to me = sale C-level relationships became the difference to us closing 3 $500k ARR contracts Founders shoot big and move the needle on getting shit done

  2. Linkedin Content Works for Me

Selling outcomes instead of features

  1. Become Obsessed With Outcomes How is your product roadmap delivering the outcomes your customer is paying for? Never market a feature again. Show outcomes. Build a value-led sales motion Simon Sinek was right, focus on the ‘WHY’

  2. Churn Is Different Things to Different Businesses Do you view contraction as churn?

Predicting and preventing churn

  1. How We Predict 98% of Churn Events Months in Advance Credit card expires Contract notice period too close to renewal date They haven’t seen growth You don’t know the precise combination of features that drive users to value, repeatedly

  2. 4 things to Increase retention Onboard and Activate well - 80% of churn actually happens here, months before you know it Execute a growth strategy - spot opportunities to upsell and deepen dependency Stop offering single seats Integrate into workflows

  3. Why your Deals Don’t Close Lack of executive alignment Not close enough to your buying process Unable to show customers value early enough in the process

  4. What is a Digital Sales Room?

  5. How Dealpad Gets Deals Closed

  6. Founder Traps Lack of balance Be a quitter Exit cautiously

  7. Entrepreneur Emotional Cycle I’M A Winner Shut Up, Keep Working I’M A Failure IDEA INCEPTION TIME

  8. Benefits from Doing the right thing Benefits from Quitting the wrong thing

  9. Find Balance & Do Less

  10. Find Balance & Do Less

  11. Earn-Out Chaos Evaluate your acquirer just as thoroughly as they’re evaluating you Can you work with the ELT? Spend at least 50% of your time with the acquirer’s VC’s/PE’s, not the founders/ELT Do not ever agree earn-out terms based on future growth or valuation Define and set in stone the metrics that’ll trigger your earn-out

  12. Over the last 20 minutes: How we grew from $240k to $2.5M in 12 weeks I showed you BUILD A WINNING GTM 3 CO’S, $20M ARR TACTICS How we increased Linkedin engagement by 3,600% Customer Validation Framework for new launches Sales Validation Framework to close deals Why customers leave Why deals don’t close + how I’m solving it Founder balance and earn-out chaos

  13. September 2022 Adam Baker CEO of dealpad.io