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"The “Dos & Don’ts” of Building Winning SaaS Companies with G2 Crowd

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"The “Dos & Don’ts” of Building Winning SaaS Companies with G2 Crowd

  1. 1. "THE “DOS & DON’TS” OF BUILDING WINNING SAAS COMPANIES WITH G2 CROWD GODARD ABEL CEO & Co-Founder G2 Crowd @godardabel
  2. 2. Godard Abel CEO & Co-Founder G2 Crowd @godardabel "The “Dos & Don’ts” of Building Winning SaaS Companies with G2 Crowd
  3. 3. 3 Born in Germany Grew up in Pittsburg h
  4. 4. Education Studied @ MIT Worked @ McKinsey Studied @ Stanford GSB 4
  5. 5. Building 4 winning companies… 5
  6. 6. 6 BIGMACHINES Founded in 2000 CPQ cloud software Grew from scratch to $50M+ ARR acquired $400M+ in 2013
  7. 7. 7 STEELBRICK Re-launched in 2014 Next generation CPQ software Grew from $1M to 10OM+ ARR acquired for $390M+ in 2016
  8. 8. 8 G2.com FORMERLY G2 CROWD Founded in July 2012 #1 B2B Tech Reviews Marketplace 3 Million buyers visiting each month $100M invested by Approaching $500M valuation
  9. 9. 9 THREEKIT Re-launched in January 2019 3D configuration and AR platform $11M invested and 40 employees From $0.1 to 1M revenue in one quarter
  10. 10. 10 ... this is what we learned.
  11. 11. Confidential KEYS TO REACHING ENTREPRENEURIAL SUMMITS 11 COMMIT TO THE SUMMIT BUILD A WINNING TEAM SELL WITH PASSIO N TAKE CARE OF YOURSE LF
  12. 12. COMMIT TO THE SUMMIT
  13. 13. Solve a problem you uniquely know and care about... 13
  14. 14. 14 Don’t climb alone… build your entrepreneurial family BigMachines Team 2000 G2 Founders 2012 SteelBrick 2014 ThreeKit Launch 2019
  15. 15. PERSEVEREEMPLOYEES 65 20 2000 2003 2007 2010 2013 15 Matt Gorniak 300
  16. 16. 16 Ride a bigger WAVE
  17. 17. 17 Welcome To The Age Of Digital Transformation ….The 4th Industrial Revolution! $15 Trillion in Wages Automated via AI, NLP and Robotics $1,003 Billion IT Services (7% p.a. growth) $3.7 Trillion In Global IT Spend “40% of today’s businesses will fail in next ten years” John Chambers, of Cisco Systems $389 Billion Enterprise Software (10% p.a. growth)
  18. 18. Don’t set your vision TOO BROAD 18
  19. 19. Create a WINNING STORY 19
  20. 20. “It’s amazing that no matter what size customer we were pitching, or where in the world we were selling, a singular idea drove all our accomplishments: we never sold features… We sold the model and the customer’s success.” 20 Marc Benioff Salesforce
  21. 21. SELL IT WITH PASSION
  22. 22. SELL as a founder 22
  23. 23. No BORING DEMOS 23
  24. 24. Sell as a TEAM 24
  25. 25. Amplify Customer Voice encourage sharing of authentic reviews 25
  26. 26. Don’t GIVE IT AWAY 26
  27. 27. BUILD A WINNING TEAM
  28. 28. 28 “He believed in his story so much that he couldn’t understand why anyone wouldn’t want to join him. And that energy was contagious.” John Sculley on Steve Jobs @Apple
  29. 29. Don’t USE RECRUITERS 29
  30. 30. BRING THE BEST WITH YOU… HELP YOUR PEOPLE GROW 30
  31. 31. 31 BUILD YOUR PLAYBOOK S build your own systems and processes that can scale
  32. 32. EMBRACE THE AUDIBLE “His success stemmed from his ability to audible, to read the defence and change his plays on the go.” 32 Tony Dungy on Peyton Manning
  33. 33. 33 BUILD YOUR PARTNERSHIP S with leading platforms... and like-minded entrepreneurs Marc Benioff Salesforce Founder/CEO Ryan Westwood Simplus Founder/CEO
  34. 34. 34 ACQUIRE TO ACCELERATE KEEP THE ENTREPRENEUR S IN THE FAMILY Name and Surname Position InvoiceIT Joins SteelBrick! Siftery Joins G2 Crowd!
  35. 35. 3535 ALIGN YOUR VECTOR S FOR MAXIMU M IMPACT What Elon Musk taught me about growth
  36. 36. Peak Pyramid Source: Chip Conley, Joie de Vivre / Air BnB 36 CULTURE: STRIVE FOR THE PEAK WITH HEART Customer Evangelism Investor PrideEmployee Inspiration MEETS UNRECOGNIZED NEEDS MEETS DESIRES MEETS EXPECTATIONS LEGACY RELATIONSHIP ALIGNMENT TRANSITION ALIGNMENT MEANING RECOGNITION MONEY CARE
  37. 37. TAKE CARE OF YOURSEL F
  38. 38. 38 Take care of yourself
  39. 39. 39 Be authentic
  40. 40. BREATHE 40
  41. 41. FOLLOW YOUR DIVINE PATH TO THE SUMMIT 41
  42. 42. THANK YOU

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