Sam Jacobs’ Post

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CEO @ Pavilion | Co-Host of Topline Podcast | Join Top GTM Execs at Pavilion's GTM2024 | October 14-16 2024 | Austin, TX | Get Your Tickets Now

Should CRO’s even exist? Not if they’re going to be: - Super expensive glorified head of sales - With no marketing or CS experience - Compensated like an account executive  - No focus on ICP or aligning the entire GTM motion - No coordination with peers in cross-functions - No P&L fluency or ability to read a P&L  - Only focused on new business with no understanding of recurring impact - No knowledge of the bowtie or systems designed to deliver ongoing customer value - Have a short term view and only care about the quarter CROs should absolutely exist if they: - Can come from Marketing, CS, or RevOps not just Sales - Have foundational understanding and respect for other functions - Are compensated like all other executives - Are focused on driving tight alignment across the GTM motion - Are focused on collaborating across Sales, Marketing, CS leveraging data generated from RevOps - Are focused on a customer journey that begins when the prospect lands on the website and continues through at least 3 annual renewals - Have a deep knowledge of the bowtie  - Have built expertise as revenue architects - Have a long term view that balances short term urgency with long term enterprise value Revenue generation is a team sport. Recurring revenue is driven by recurring impact. If you’re leading the revenue function, you have to understand that and you have to be an expert at driving tight alignment across the customer journey to deliver that impact. This is the way.

Robin Daniels

Chief Business & Product Officer @ Zensai | 2.5xIPOs 😆 | 3xCMO | Ex @Salesforce @WeWork @LinkedIn @Box @Matterport | LinkedIn Top Voice | 2024 SaaSiest Man of the Year | Dad | Runner | Made in Denmark 🇩🇰

2mo

Great words of wisdom.

Zach Michel

Co-Founder Middleware (YC W23) | Customer Love, Dogs & Data

2mo

Whatever the CxO title is that's leading the GTM, they should be leading the entire thing. I've seen it be a CRO, a COO or a CCO. They all worked wonderfully because they owned the entire GTM experience (at scale a CMO appears) and they were focused on success all the way from prospect to lifetime customer. The key was that they made sure they spent appropriate time with each of their leaders and broader departments to find more systemic gaps that needed to be tackles. Any C-suite that focuses on just one team is always going to underperform.

Lauren Elizabeth Pearl

CEO-turned-FracCFO on a Mission to Fix Finance for Startups | 3X Founder | Co-Founder @ Pearl & Elmore Offsite Facilitation | Startup Finance Instructor @ NYU | Author of ~The Daily CFO~ (Sign up below!👇)

2mo

Can I add one more requirement Sam Jacobs? - Able to promote collaboration between Eng/Prod, Finance, Marketing, and Sales. Overpowered CROs who don't understand how their department fits into the larger company picture can burnout and bankrupt the rest of the org while driving to Rev. Cost, capacity, and capability need to be top of mind. To understand that context, you need strong relationships with your CFO and CTO/CPO.

Rob Rozicki

Founder @ Alpine Arrivals | B2B Marketing Leader in Recovery

2mo

Is it time for the rise of the Chief Market Officer?

Anyone who holds the title CRO should be equally qualified to be a COO or President of the company. I’ve always seen “CRO” as title inflation for companies who want a strong sales leader but arent committed to creating a president or COO role.

Fully agree. CROs should be able to orchestrate revenue streams and all revenue functions. CROs should think strategically rather than focusing only on operational or tactical layers.

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Only thing I'd suggest you missed is how the organization leverages partnerships, since that often falls under a CRO's remit.

Ed Calnan

Founder // Builder // Revenue Leader

2mo

Truth.

Joe Breen

Problem Solver | Client Centric | SAAS & Cyber Security Expert | Rapid Revenue Builder

2mo

Agree Sam. Plus the following: 1) CRO’s must have a big priority or obsession understanding the customer challenges. 2) influence/impact product development. That is a critical part for aligning fit to the customer.

Caleb M. Smith, MBA

Co-Founder | President of Revenue | Advisor

2mo

Sam Jacobs I see this ALL the time. New job postings for CRO. Look through the job description and it’s just a sales manager 🙄. Literally just gave the CRO title so they could convince the recruit to come work for a startup with no systems in place and be their sales manager.

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