The Secret to Building a Sales Pipeline like an Enterprise Tech Organization
Alan Bray (He,Him)
Founder/CEO at SourceIQ| Streamlining Supplier Sourcing with with AI | Ex-Splunk, Ex-Zendesk | Sales | Afrotech Founder Circle 24'| ISTP
Let me be real with you—I made every mistake in the book when I first started my founder journey. I had an idea, built a prototype, and ran straight to investors thinking, ‘They’re going to love this!’ What happened? Silence. Then rejection. Then, let’s be honest, I even got cursed out a few times (True story).? ?I was missing something huge. I thought venture capital was about great ideas and passion, but VCs aren’t just handing out money for dreams—they’re investing in systems that scale. And to scale, you need customers, revenue, and a repeatable process.? ?So, I did what any stubborn entrepreneur would do—I learned. I studied investor benchmarks, interviewed over 1000 executives, and got companies to sign Letters of Intent (LOIs). But I was still missing something: I had no tech skills, no capital, and no product. My aha moment? I was chasing VC funding when I should have been building a customer-backed growth engine first. Here’s the truth about VC and how to hack their playbook to build a sales machine that funds itself.?
The VC Formula—What They Really Look At?
VCs don’t invest in ideas—they invest in systems, scalability, and networks. Let’s break it down:?
Network & Social Proof: Studies show that 70% of VC-funded startups come from the investor’s network. That’s why they ask for your LinkedIn—who you know matters.?
Market Opportunity: The bigger the market, the bigger the return. Markets worth $1B+ get priority.?
Traction & Revenue: Investors love momentum. Startups with over $1M ARR (Annual Recurring Revenue) are 50% more likely to get funded.?
Founder & Team Strength: If you or your team have previous exits or high-level expertise, your chances skyrocket.?
Go-To-Market Strategy: How will you acquire and retain customers? VCs don’t fund ideas; they fund a proven path to growth.? ?
Bottom line? VCs invest in systems, not dreams.?
Sales Pipeline—Your Secret Weapon?
Most founders don’t realize that sales pipelines are what separate struggling startups from revenue-generating machines. Instead of chasing VCs, build a pipeline that generates consistent, predictable revenue. Here’s how:?
1. Lead Generation: Where do customers come from? Think inbound marketing (SEO, content, ads) and outbound sales (cold calls, emails, LinkedIn outreach).?
2. Lead Qualification: Use frameworks like BANT (Budget, Authority, Need, Timing) to ensure prospects are serious buyers.?
3. Sales Development Representatives (SDRs): They book meetings and qualify leads. Top SDRs make 50-100 calls/day to get 3-5 qualified leads.?
4. Account Executives (AEs): They close deals. The average SaaS sales cycle is 30-90 days for SMBs, 6-12 months for Enterprise.?
5. Customer Success & Upselling: Happy customers = referrals and renewals. Expanding existing accounts is 5x cheaper than acquiring new ones.? ?
Startups that implement a structured sales pipeline grow 30% faster than those that don’t. It’s not just about having a great product—it’s about selling it effectively.?
Breaking Down Sales for First-Time Founders?
If you’re new to sales, it can feel overwhelming. But here’s a simple way to think about it:? Cold Calls & Outreach: Sales is a numbers game. If you make 150 calls per day, you might book 3-5 meetings.?
Conversion Rates: If 20% of those meetings turn into customers, you close 1 deal per day.? Sales Pipeline Math: If your product is $5,000/month and you close 10 deals, that’s $50K in MRR (Monthly Recurring Revenue).?
Scaling Up: Automate your outreach, use CRM tools like Salesforce, HubSpot, or Outreach.io, and track your data religiously.? ?
Sales is about consistency. The best sales teams follow a process, track data, and optimize over time.?
The Realization—Your Customers Are Your Investors?
Once I stopped chasing VCs and started focusing on customers, everything changed.? ? - Customers pay for your product. VCs don’t.?
Customers validate your market fit. VCs want proof.?
Customers generate cash flow. Investors provide dilution.? ?
By nurturing relationships, I built a pipeline of over 3,000 engaged prospects—and I didn’t need a check from a VC to get there.?
The VC Playbook Without the VC Money?
Here’s how you can hack the VC playbook without giving up equity:?
Build a Strong Network: Partner with industry leaders and mentors.?
Create a Data-Driven Sales Process: Automate and optimize your pipeline.?
Leverage Content & Brand Awareness: Thought leadership builds credibility.?
Sell Before You Build: Validate demand with pre-sales and LOIs.?
Bootstrap Smarter: Use revenue-based financing, grants, and accelerators.? ?
By the time you DO talk to investors, you’ll be in control of the conversation.?
Conclusion?
Most founders think getting funded is the end goal, but it’s not—it’s just a tool. VCs invest in systems, scalability, and revenue. If you build those things before seeking capital, you’ll have leverage. The real secret? You don’t need VCs to win. Customers, revenue, and a scalable pipeline are your true investors. Focus on them, and the rest will follow.?
PR Expert
2 周Great share Alan!
Great share, Alan!
Sales Manager at Otter Public Relations
3 周Great share, Alan!
Essential insights for navigating B2B sales effectively.
Community Builder | Connector | Go-Giver |
3 周I think I will share this with my students! Thank you!