The GTM Kickback Monthly #3

The GTM Kickback Monthly #3

Welcome to edition?#3 of our newsletter, The GTM Kickback Monthly, where we'll aim to provide you?with helpful?information on relevant trends across the SaaS & Cyber Scale-Up market.

It will comprise of a brief overview?of themes we're seeing in the market, latest GTM executive and Rep job openings, highlights from the latest episodes of "The GTM Kickback!", and a compilation of the latest industry news & trends. Now let's get to it.

What We're Seeing:

We are in a market of chutes and ladders. Very small fraction, of incredibly high-quality products, in each and every vertical software domain, are doing exceptionally well right now. The rest? It's been a tough year so far. And the disparity between the haves and have-nots is growing by the day, and top 10% GTM talent on the market is recognizing this.

Top Performers are performing very well again, earning lot’s of money, and are increasingly passive in the job market.

A historically low amount of sales professionals are keen on exploring new opportunities and the industry has become increasingly immobile. Even if they're not 'top 10%-ers' in the field, if they're employed, earning a paycheck, and have a semi-sense of stability in their current roles - their stakes are in the ground. After what many went through over the last few years, risk aversion is high.

Source: Salesforce "State of Sales Report" July, 2024

While their interest can still be earned, it needs to be persuaded by quantifiable growth, stability in leadership, and product leadership in given markets.

My advice to anyone trying to court this top performers in to their orgs in H2?

  • Lead with why you’ll make them overwhelmingly successful. To combat passivity from top candidates, show them why your product is impacting clients, quantifiable growth of your company, and what resources they’ll have to be successful in their role.
  • Create a ‘Performance Based’ hiring process. Outline what you want this person to achieve in 6, 12, and 24 month timescales. Quantify and time stamp it. Use that to compare to exactly how they’ve done that in the past. Check out Lou Adler if you're curious how to implement this.
  • Expectations are critical for setting up the reality. A good candidate, who has the wrong expectations about what a role entails, generally becomes a bad candidate. Try not to let that happen.
  • How you interview is how you operate in a candidates eyes. Interviewing is a candidates first impression to how you run your business. Make sure it’s a good one.

Want some resources on where to start with all these things? Check out our GTM Recruitment Zone - full of free resources (Candidate Profiling Guidance, Job Description Library, Salary Guides, Process Optimization tips, etc).

The Stott and May GTM Recruitment Zone

We fully expect the competition for top talent to increase over the rest of 2024 as risk aversion lowers on the company side, and demand increases in various markets across the software domain. Here’s to a strong finish of the year!

Latest Job Opportunities

We've got a number of active opportunities across our portfolio of software clients at Stott and May currently. See the full list here.

A few select openings:

Chief Business Officer - PE-Backed - Global Managed Services and Tech Consulting

SVP - Client Partnerships (META) - Private - AI QA Serivces

VP of Sales - Seed Stage - GenAI Platform

VP of Sales (SMB/MM) - PE Backed - MSSP/MDR/IR Services

SVP of Product - PE Backed -?Retail?SaaS, AI/ML Expertise Needed

Head of Partnerships (OEM, Alliances, Channels) - VC Backed - GenAI Security

Fractional VP of Marketing (North America) - Public - Cyber Security Software

Enterprise AE - VC Backed - Communications Compliance SaaS (NYC Area)

Enterprise AE (Banking Or Insurance Sector) - Private - Salesforce Partner

Enterprise AE - Private - Cyber Security Software

Solutions Engineer - Private - Cyber Security Software

Senior AE - VC Backed - Cyber Compliance SaaS

BD and Partnerships Lead - VC Backed - Web3 Enabled Finance SaaS

Senior AE - VC Backed - Cyber Compliance SaaS

Senior AE (ATX BASED) - VC Backed - Hospitality Software

inquire with resume here: [email protected]

Newest GTM Kickback Highlights

In the last month, we had 1 fantastic interview on The GTM Kickback!, with many more already booked and recored on the way.

Check out my interview with the great and powerful ??Roee Hartuv of Winning by Design .

Revenue Architecture, Sustainable Growth, and the Changing SaaS GTM Landscape - The GTM Kickback #76 w/ Roee Hartuv

The GTM Kickback w/ Roee Hartuv

Want to be a guest? Ping me on LinkedIn! ??

We're looking for: High-performance GTM Operators, VC/PE Investors in SaaS, and Leading GTM Consultants for early stage technology businesses

New to "The GTM Kickback!"? Subscribe to the podcast!

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SaaS Sales Industry News and Trends

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