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59 Comments

You only need to focus on sales

I'm going to copyright the phrase should I build an audience before launching my startup? so I can earn a pound every time someone asks it!

Honestly, how many more times will people keep asking these questions.

Please. Think. About. It.

  • an SEO guy told me you need to get SEO right at the start
  • a web designer told me my site needed re-designing
  • a Twitter expert told me I must post heavily
  • a social ads expert told me social ads work well
  • a youtube influencer told me I need a following of fans

Can you see the pattern!?

The only thing you need to focus on as an early-stage startup is sales. Pick up the phone and talk to potential clients. Email, DM or arranging Zoom calls is fine, but it's about direct 1-on-1 contact with buyers.

Because... no revenue == startup death

I've been a techie for 40 years and building startups for 25 years, and I know from bitter experience that focusing on direct outreach to potential clients works every time. I say this as someone who is not a salesperson and comes out in cold sweats when preparing for sales campaigns.

And it's likely to happen again as I prepare for calls in my new startup Venture Cards, which is running a crowdfunding campaign. I know the only way to get people to back me is to reach out and ask them. If I take the lazy way out and message my Twitter/Linkedin "followers" en masse, many will simply reply with a thumbs-up emoji, which is about as useful for launching a business as a chocolate teapot 😊

[edited to add some examples as requested - enjoy!]

I am no expert and I am sure real sales people have thoughts on these two examples of cold emails. But they've worked VERY well for me in pushing my new startup https://www.venture.cards. Notice a few things...

  • I show off my experience which helps open the door
  • I flatter them with I recognise you are a VIP in the industry
  • I do not give the web link, although it is in my email signature
  • I do not give the Calendly link until they've replied
  • their only Action can be to reply with bugger off or yes please - keep it simple
  • the It could be interesting! bit makes it intriguing - people love something that makes them curious

Cold email or Linkedin message that will get good response rates

The follow-up emails to this are harder and I'd love someone to chip in with thoughts on how to follow and ultimately close a deal. But as the opener, this works for me...

Hi Fred, your name has just popped up, and I thought you'd be a good fit for something new I am working on. After 25 years of building my own tech startups, I am building a better way for founders and investors to connect. Can I send you a short outline? It could be interesting! Steve

Get a discovery call (email or Linkedin message)

Here is a message I sent last year to get market-fit discovery calls with investors about my new platform (https://www.venture.cards).

Hi Fred, your name popped up earlier, and I thought you might be a good fit for something new I am working on. After 25 years of building my own tech startups, I am building a better way for founders and investors to connect. To help ensure I have the right direction, I would welcome an opportunity to introduce the platform and get your valued feedback as an experienced industry player. Do you have 20 mins for a Zoom call? It could be interesting! Steve

TIP: do not use my exact words. use your own wording and speak as though from your own mouth. otherwise it will look like you cut and paste it from somewhere else like an IH post 😊 Recipients can tell if it is genuinely you.

  1. 6

    Doing SEO and building an audience first is taking a detour. You are completely right that directly talking to potential customers is the way to go.

    However, I would not rule out other avenues of customer acquisition such as SEO. Through SEO I am now found by a different ICP than who I am actually focused on talking to. If I'd "only talk" to my envisioned target customers I'd probably never figure out that a very different target customer group is out there.

    1. 3

      This is so true. Through SEO you'll get a bunch of customers that you didn't even have in mind -- if they turn out to be good customers you can target them with sales.

  2. 3

    Agree with you, Steve! Communicating with potential customers is very important and especially trepidatious in the early stages.

    In my experience, scripts don't work here. A salesperson for a startup should be as loyal, empathetic, optimistic, and communicate in a way that allows you to get to know your client better.
    A startup without sales, I agree, is doomed.

    This is excellent advice, we'll use it in our company as well.

    1. 2

      trepidatious is the word of the week 😊

  3. 3

    Nice post Steve! We have been focussing on getting early users for our product and get feedback as we are in early alpha satge

  4. 2

    What about innovation around growth rather just selling ?

    1. 1

      If it drives immediate hard cash to keep the business afloat and prove the model/market then yeah go for it. What did you have in mind?

  5. 2

    getting the product right is the key. if it sells, nothing else matters. of course, to scale, SEO and design and other things are important but key is to get the product right ehich sells. Awesome post @steveprocter

    1. 1

      indeed, you are right. nothing matter if the product is wrong. So go after those clients to see if they'll pay for it - which is the number one way to find out if the product is right or wrong. if they do pay, then happy days 😊

  6. 2

    100% correct. Thank you.

  7. 2

    This is great Steve - I love the specific example emails, and the different types of outreach. Thanks!

  8. 2

    This is great advice! Thanks... like so many others, I needed to hear this! Only thing that matters is the money your customers give you!

  9. 2

    Great post Steve - you’re on it. No sales = no money. Pick up the phone (yup, I cold call folks for what I’m working on), and start. I literally googled realtors in my area, and went down the list to call them. Super unsexy, and not very comfortable, but effective. Good luck with your new venture!!

    1. 1

      Indeed. Sadly, early-stage startups are not as sexy as people think.

      Not until you've tipped and sales are pouring through Stripe and you're sat scratching your head and asking how on earth are we getting these sales.

      At that point, we can swan around telling everyone we're a successful entrepreneur.

      Until then, it's out with the Yellow Pages and get dialing! 😊

  10. 2

    Absolutely. Sales is the way to go early on as it gives you a dialog with customers too.

    It's not just outbound outreach though. It's important to follow up and talk to people finding you through other channels. Those leads already know you and are interested in your product!

    1. 2

      Absolutely! Inbound traffic is gold dust. Do not let it blow away.

  11. 2

    This is helpful and the other way to sky-rocket your SaaS product would be by launching an LTD to increase your user base.

    1. 1

      I agree! This is what my self-hosted rewards-based crowdfunding is about with my startup at Venture Cards.

      The rewards are essentially an LTD for the investors - they get lifetime membership of the platform. I need 100 of them to make £45,000 which will support the development of the MVP into the full platform. I also offer them the chance to contribute their requests for features in the platform.

      I feel this combination of offers is a winner, but let's see 😊

      1. 2

        This sounds like a good combination, indeed. All the best with Venture Cards.

  12. 2

    Good post and agreed. Even as a veteran marketer whenever I have struggles it’s because of focusing to much on marketing and not on sales. Even just a little marketing, if you can do good sales it’s so much easier to succeed, why I envy people a good at sales whether it’s writing good sales copy for an automated funnel or direct in person sales.

    This is why I have now stopped 90% of my marketing activities recently and dedicated myself to mastering cold outreach and sales, it’s the missing key.

    1. 1

      best of luck! out of interest, which 10% of marketing will you still do early on?

  13. 2

    This is an incredibly useful post. People are either interested or they are not. We send something similar to our prospects but what happens in the subsequent contact is easy. Once you get that initial reply just be yourself because the person wants to learn more!

    1. 1

      Yes, once you get a reply, the person is a warm lead. They have opened the door and are listening. Like you say, be yourself and natural. If you can genuinely offer them value that helps their lives/business then it should be hard to lose.

  14. 2

    This is an interesting take on things. Just one question in regards to the marketing side of things. SEO takes a long time to get going so would it not make sense to work on SEO in the background of your sales efforts so you can see the results faster?

    1. 2

      Longer term I accept SEO has value. With a bigger cofounder team or someone who is already very experienced in SEO it can be worth starting early on.

      But remember, I am talking from the viewpoint of early-stage startups, very recently launched and with one or two cofounders, no more. These do not have spare person-hours for tasks that do not bring immediate wins.

      And usually, most of us do not have SEO skills, so would be learning them as we go, which takes more of our hours.

      With this in mind, it is my opinion that startups have 6 months to reach a line where they may go on to live and not die. Every second of those six months should focus on finding paying clients.

      As you say, SEO can take this long just to get itself ticking over and you do not have this time to setup and maintain it in order to get it to the start line of providing value.

      So your time is best spent on making sure you survive your first six months. If you do, then you can take a well-earned breath, and begin your longer-term growth strategy.

  15. 2

    I always feel so intrusive when cold emailing

    1. 2

      I completely agree. But as long as the message and recipient are well matched and targeted, then it is worth it.

      Keep the message short and understandable. I receive so many unsolicited emails and linkedin messages, and as soon as I see it go on for 6 paragraphs or I think I do not understand what this is then I immediately delete it.

      And generic I can save you £100k per year is just too desperate and silly.

      It is a fine line, but get the balance right and you will do ok.

      1. 1

        Thanks for the advice, well try to think of short impactful messages

    2. 2

      If you take on the mindset that you could honestly make that persons life so much better with your solution, it makes it easier. Also helps if that’s actually true though

      1. 3

        yeah it has to be true, and realistic. Something they believe. And this is also where you have to sell them a little bit of you and why you are the person to provide this new tool. It isn't just the tool they are buying, it is the team behind it that will make it worth them buying.

      2. 1

        Thanks think about that the next time I send a message

  16. 2

    But in your view, how do you effectively get potential customers on an idea validation interview, judging that people would be conservative about their time?

    1. 2

      I've edited original post with some examples

  17. 2

    Thanks for the insight steve, want to try it, so could you give us some template(or sentences) you are using to direct outreach a potential clients?

    1. 1

      I've edited original post with some examples

      1. 2

        wow great, your wording is like a real human and genuine, thanks Steve, learn a lot from you

  18. 1

    Thanks for your advices! I need to improve my sales 👍🏻

  19. 1

    So true about the pattern. As a person with tech background, now that I'm trying to be more vocal about my startup I see that focusing on sales is all about being consistent and interacting more with people.

    Thanks for sharing your experience and I wish you luck with venture cards!

  20. 1

    Great article Steve! How do you strike a balance between talking to users and building? Sometimes I find I get in a circular loop where I don't build because I'm waiting for user feedback but potential users don't give feedback because I haven't shown them what I've built.

    1. 2

      I worked 3 years on Stormkit and I was never vocal about it - still managed to get around 2k users and now it's growing more.

      Around 6 months ago I met my co-founder and now we're more confident about the underlying infrastructure so I started being even more active on social media. Since I also work full time at GitLab, and I have a daughter it may seem it's challenging for me to find the time to:

      1. Continue to develop the tool
      2. Be more active on social media

      I guess I found a nice balance by redefining the concept of "definition of done". For me, when I work on something - could be a new feature or a bug fix - I don't consider it done until I share and document it. I guess this helps to find the right balance!

      1. 1

        This helps, thanks!

  21. 1

    This is actually sound advice! Nothing else but sales matters when you launch a new product. Everything else is just vanity metrics!

  22. 1

    Thanks Steve! I'm certainly going to try this. I had to do cold-calling once and it found it a depressing experience, I took the rejections as a sign of personal failure. Maybe email will suit me better.

  23. 1

    Nice perspective. I think though that you should try different avenues in a reasonable timeframe and see what are the effects. In this sense, I agree that building an audience takes a long time and should not be a core growth driver. But if you have built one in the background and can use it as an additional channel (i.e. audience fits your product), why not try?

  24. 1

    Great post! Ive been doing cold email and it’s tough, although it depends on the industry - cold emailing to ecommerces is more challenging and difficult to get a reply than sending to SAAS companies (assuming both are small medium companies).

    I’ve been doing cold calling and you get more replies, but, more rejections too😅 you need to be really passionate and believe on what you are selling. I’m going to try outsourcing this from next week to see how it goes 👍👍

  25. 1

    It's great advise, will use it for my startup Utopiops.

    So far I had just focused on promoting on Twitter and ofc it's not effective at all specially if you don't have a large following.

    Will reach out directly from today.

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