An entirely new level of unforced fuckery.

The org, 5 year old Digital Marketing shop with 3 SaaS products, all with proven PMF. Hired in Dec 23. Role: VP Sales - GTM responsibility over newest solution primarily, but also the other 2 that were launched but limping. Top level task? Convert company from marketing services to SaaS and fetch SaaS multiple for exit. "President of Sales" fired in Nov 23, shit performance, revenue flatline for 3 years. Founder sold the first bunch in first year of business. No growth since.


As of December 23:

  • Newest solution MRR : $4k, 2 customers on 50% off beta type deals
  • # of AEs: 0 # of SDRs 0
  • Onboarding/training material: 0
  • Sales collateral: 0
  • Growth plan: 0
  • Comp plans: 0
  • Revenue plan: 0
  • Org chart: 0
  • Playbooks: 0
  • CS Churn: Not sure <---
  • Marketing: Unintelligible <---
  • Total MRR: $1.2M <---


As of August 24:

  • 46 Deals Closed/Won
  • $248,700 New Logo MRR for $2,984,000 NN ARR
  • New solution MRR : $145k, 34 NN Logos on 12-month contracts
  • 12 New Marketing Services contracts
  • $297,300 in current active pipeline
  • # of AEs: 1 # of SDRs 1
  • Onboarding/training material: Complete
  • Sales collateral: Full library
  • Growth plan: Complete
  • Comp plans: Complete
  • Revenue plan: Complete for 24
  • Org chart: Complete for 24 and 25 with growth
  • CS Churn: Not sure, but large AF <---
  • Marketing: Unintelligible- I will post the website in next post <---
  • Total MRR: $1.2M <--- See a problem here?


C-Suite conclusion: Growth not fast enough, revert to founder led sales model. Keep VP Sales, cut comp by 50%, he's tracking 400k, put him on call reports. Dump Hubspot for homegrown CRM. Throw daily meetings at 2PM in his time zone for training. Founder hires 1 rookie and 1 best friend. Takes any inbound. Blows the first 2 opps we've seen in 6 months.


This level of fucking incompetence is one I could not have imagined in my wildest. I told them I wasn't doing it, that I was going to take my accrued PTO and think through this. Fired while on vacation. No severance even though my agreement had $21k if terminated without cause.


Dan Goodman engaged. Will post follow-up. Stay thirsty.


๐Ÿงข Sales Management
๐Ÿค’ C-Suite Stupidity
32
CuriousFox
WR Officer
11
๐ŸฆŠ
EX-FUCKING-CUSE me??? What's this dudes name? If Dan can't come thru I FUCKING WILL
oldcloser
Arsonist
7
๐Ÿ’€
I shall hold his name back for now because it wouldnโ€™t be right to anon troll Richard DeLancey or his company.
CuriousFox
WR Officer
5
๐ŸฆŠ
Wtf why are there so many of those names on LinkedIn I don't know who to troll
oldcloser
Arsonist
3
๐Ÿ’€
I will guide you. I will.
CuriousFox
WR Officer
3
๐ŸฆŠ
๐Ÿ‘€๐Ÿฟ
oldcloser
Arsonist
1
๐Ÿ’€
If you had an alt LinkedIn accountโ€ฆ
CuriousFox
WR Officer
2
๐ŸฆŠ
Got it. Ambien kicking in strong wwwweeeeeeeeee
unclespacejam
Politicker
1
ur dadโ€™s brother
TELL US MORE
lowhangersalesbanger
Executive
9
Account Executive
What the actual FUCK dude?!? That is bonkers. Was there an annual bonus coming due for you because it sounds like they are trying to fuck you out of that and try and take and run with what you have built for them.
I'm sorry to hear this happened to you. Good luck with the lawsuit.
oldcloser
Arsonist
13
๐Ÿ’€
Termination without cause money. They got no cause. I will not only get my money. But there will be irreparable harm done. I know all of their customers.
LMHandle7
Executive
2
Sales Director
Then when you land on your feet their MRR is toast
oldcloser
Arsonist
0
๐Ÿ’€
Weirdest turn of events since. Client #1 heard I was gone. Called. Wants my services. I sent the ask. Should know early next week. That'l be the first victim. :)
unclespacejam
Politicker
8
ur dadโ€™s brother
LET
THESE
MOTHER
FUCKERS
BURN

NAME THEM
AND WE RIDE AT DAWN
oldcloser
Arsonist
6
๐Ÿ’€
I donโ€™t want to cause Dan more problems. But when thatโ€™s resolved, we open floodgates
unclespacejam
Politicker
6
ur dadโ€™s brother
Hell fucking yeah dog
CuriousFox
WR Officer
6
๐ŸฆŠ
WE RIDE AT DAWN UNC
unclespacejam
Politicker
4
ur dadโ€™s brother
SHOUT OUT DAN GOODMAN

DONT LET THE BASTARDS GET U DOWN OC
oldcloser
Arsonist
2
๐Ÿ’€
I have the keys to their LinkedIn account still. I canโ€™t post without them knowing it was me. Wide open to suggestions though.
unclespacejam
Politicker
2
ur dadโ€™s brother
You definitely should get photoshop warmed up and ready for that shit
sketchysales
Politicker
3
Sales Manager
This is completely insane. Some people live with their heads so far up their own arses you can hardly comprehend it
Sunbunny31
Politicker
3
Sr Sales Executive ๐Ÿฐ
After the ashes of that company have blown to the corners of the earth once we are done with them, I await your novel.

I know youโ€™ll come out ahead, but fuck those dudes.
oldcloser
Arsonist
1
๐Ÿ’€
Amen sistah. And thank you
Charizard
Opinionated
2
Business Like Things
What a fucking joke. These founders and their echo chambers of imbeciles. Get your $60k with Dan and find something better man. Your numbers speak for themselves.
oldcloser
Arsonist
2
๐Ÿ’€
Thanks homie. I like the echo chamber analogy. One convincing the other that total insanity makes sense.
poweredbycaffeine
WR Lieutenant
2
โ˜•๏ธ
Fuck those clowns.
ChumpChange
Politicker
2
Channel Manager
Some sage advice from one of my mentors. It's better to admit you opened the wrong door than stay in the wrong room. Cut your losses, regroup, refocus, plan and execute.
jefe
Arsonist
2
๐Ÿ
I KEPT WAITING FOR A PUNCHLINE AND IT NEVER CAME.

WHAT THE ACTUAL FUCK
oldcloser
Arsonist
1
๐Ÿ’€
A head-spinner indeed.
jefe
Arsonist
3
๐Ÿ
I'm about ready to throw hands.

@unclespacejam & I can flank 'em from the north.
oldcloser
Arsonist
3
๐Ÿ’€
First, ima get muh money. Then, ima make it hurt. Never experienced this kind of sodomy before. I meanโ€ฆ that I didnโ€™t ask for. They have a nervous target vertical. Iโ€™ve been in it for 10 years and know many of them. I know the influential ones well. It will take so little to make sure theyโ€™re rendered irrelevant.

Iโ€™ve got the RCMP hotline. Appreciate the support, warriors.
jefe
Arsonist
3
๐Ÿ
You absolutely gotta take of you and yours first, but let us know... We ready.

And that's what I don't understand.. It's pretty clear you've been around awhile and still know a ton of people. Deals have been sourced through those connections.

This guy is a fool.
oldcloser
Arsonist
2
๐Ÿ’€
Yeah- very bad move. Iโ€™m normally a live and learn type. Donโ€™t like to carry hostility. This one? 3 phone calls, and the honest story. Theyโ€™ll never sell anything again.
oldcloser
Arsonist
2
๐Ÿ’€
First order of business was to get the word โ€œrectalโ€ in their LI about page.
CuriousFox
WR Officer
3
๐ŸฆŠ
DUDE I FOUND IT
Btw found this last night but the location threw me off the scent ๐ŸฆŠ
jefe
Arsonist
3
๐Ÿ
Rectum?! OC damn near killed โ€˜em!!
oldcloser
Arsonist
2
๐Ÿ’€
have at it :)
jefe
Arsonist
3
๐Ÿ
@CuriousFox hahaha me too.


@oldcloser thatโ€™s fucking GOLD
Pachacuti
Politicker
1
They call me Daddy, Sales Daddy
Wow man. That sucks.

Job hunting is a pain right now. Good luck.

And stick it to them on that severance!
oldcloser
Arsonist
0
๐Ÿ’€
Hard as I can.
Charizard
Opinionated
1
Business Like Things
I went through the same thing. Took a company with no revenue, no systems, no team.

Brought in revenue to make us profitable. Put systems in place. Hired a dope team. Then they laid us off and brought on AMs to manage the deals and clients I brought in because they were cheaper and skirted around bonus and commish payouts. I thought i was the only person dealing with this til I came to bravado. Iโ€™m. It grinding for another ceo or founder again. Iโ€™m big companies or working for myself/large equity in something moving forward.

Youโ€™re going to be just fine. Run with Dan.
oldcloser
Arsonist
2
๐Ÿ’€
Thatโ€™s a pretty close match to this one. This went down on Tuesday. Yesterday client #1 calls- tells me he heard I was gone. Asked if Iโ€™d consider moving in with him. Asked me to write the job description. Seems itโ€™ll work out. If/when it does, first order of business is to take the whole thing away from the currently unsuspecting provider.

Appreciate the good words. Iโ€™m pissed, not unemployable. I do this kind of revenue acrobatics wherever I go. Not to self-toot, but Iโ€™ll land.
Charizard
Opinionated
1
Business Like Things
Good things happen to good people. Keep on rocking my dude
oldcloser
Arsonist
0
๐Ÿ’€
Yessir โœŠ
Gasty
Notable Contributor
1
War Room Community Manager
This is so shit.
I am pretty sure youโ€™re going to crush them but still this happening makes you think.

These numbers are great!!
oldcloser
Arsonist
0
๐Ÿ’€
Not the least bit ashamed of what I did there. Theyโ€™ll miss the rev.
Goomba
Opinionated
1
Director of Shitposts
Wow. These are goofy greasy fucks.

This is why Y combinator canโ€™t keep shitting out dickhead kids without any education in biz despite some bullshit ass ivy and eng knowledge.
Salt
Executive
1
Sales Leader
Looks eerily familiar. I think I am soon heading your way, Oldcloser.
pirate
Big Shot
1
Account Executive
Wow thatโ€™s insane. I feel like nothing is enough for companies anymore
BigShrimpin
Politicker
1
Account executive
and from the ashes oldercloser will be born
ChumpChange
Politicker
1
Channel Manager
This is absolutely awful but don't let this define your career. There's countless idiots out there that can see beyond Step 2 but think they have it all figured out. It's better to admit you opened the wrong door than stay in the wrong room. I hope you get what you earned and more.
oldcloser
Arsonist
1
๐Ÿ’€
Much appreciated. Yeah, Iโ€™ve been at this too long to internalize this kind of external bullshit. So far, the Dan Goodman process seems pretty bulletproof. Iโ€™ll report back when thereโ€™s a result. Otherwise, Iโ€™ve got solid pipe on the next opp. This will be in the rear view mirror in short order. Just gotta work the process.
LMHandle7
Executive
1
Sales Director
Fuckery it is bro, keep us all posted!
RelationshipMaker
Opinionated
1
Head of Sales
Absolute pelicans. I hope revenge is swift. I simply cannot stand people that do this, they deserve the worst that you can throw at them. Good luck.
oldcloser
Arsonist
0
๐Ÿ’€
Somehow the visual that comes with pelicans fits really well. And yes, Itโ€™s going to sting a bit. I just got hired by their biggest customer. Itโ€™s almost poetic. ๐Ÿ‘
RelationshipMaker
Opinionated
1
Head of Sales
Congratulations on the new gig. Truly happy for you. Says something about your sales style and ability.
oldcloser
Arsonist
0
๐Ÿ’€
๐Ÿ™๐Ÿป much appreciated
YoureMuted
Executive
1
Regional Sales Director
Saw a post from Dan Goodman today. Was it yours? โ€œCaleb?โ€
oldcloser
Arsonist
1
๐Ÿ’€
Ha! I saw that too. Not me but I wonder if he enhances content a bit. Itโ€™s really close.
cw95
Politicker
1
Head of SDR
Sounds similar to what I just went through...all going swell then C-level get involved and it takes a turn for the worst!
oldcloser
Arsonist
1
๐Ÿ’€
Where they get their ideas ๐Ÿคท๐Ÿปโ€โ™‚๏ธ
-2
Marketing Strategist
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oldcloser
Arsonist
0
๐Ÿ’€
@gasty we got one here
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