Setting Unrealistic Expectations/Borderline Lying

Noticed a deal exactly like pictured above over the past few months. It was an all-around mess post-proposal agreement. Granted, it was a very tailored solution that required a lot of out-of-the-box thinking in the big data industry. Sad part is, it's becoming a regular occurrence. The deals are qualified and followed through with because our company needs every penny of revenue that comes near us.


Curious if anyone else has gone through this. Specifically in SUPER early software startups.




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16
BmajoR
Arsonist
4
Account Executive
I think itโ€™s more common than it should be but depends on how your company handles it. Is it a build/improve the product on the fly kind of response? If so I think itโ€™s beneficial for developing the product to be competitive.
1
Founding BDR
Thatโ€™s the part where itโ€™s dicey. Itโ€™s not improvements on the core product we offer, itโ€™s something else completely different but used leveraging the in house AI that was built up.
saaskicker
Tycoon
4
Enterprise AE
until you find PMF you're going to have to go outside your comfortzone to land customers. or you're stretching yourself beyond what you can do so far that the product team is going to get distracted/bogged down building the wrong thing. solve one problem really well and expand from there.
3
Founding BDR
Valid points. Our founder thinks we have achieved pmf but there isnโ€™t any evidence of it. Those concerns fall on deaf ears time and time again
oldcloser
Arsonist
1
๐Ÿ’€
That kind of disconnect defies logic. โ€œWeโ€™ve established PMF because I said so.โ€
Filth
Tycoon
3
Live Filthy or Die Clean
This happens to me at my org today. There are better processes in place now to avoid it but it's the risk you run with assumptions and not having a client advocate in place at each point and a success team working directly with the client.
0
Founding BDR
Curious how big your org is?
jefe
Arsonist
3
๐Ÿ
I found this comic quite amusing, and far too applicable in many situations.
I think there's way too often 1) a disconnect between teams and 2) a desire to say what people/prospects want to hear.
CuriousFox
WR Officer
2
๐ŸฆŠ
People pleasers
2
CEO
I think a defining moment in a company's maturation can occur when it says "no" and walks away. If you're still in the $0-1M range, your management team could convince itself that the learning will be valuable, even if the engagement might not be one you could afford to replicate in the future. But if you're >$1M but <$50M in revenue and trying to be all things to everyone coming through the funnel, you are likely going to hit a scalability wall.
2
Founding BDR
Still in the $0-1M range so I get where youโ€™re coming from on that point. Reason why itโ€™s such a clusterf**k is the fact that weโ€™re spreading our team THIN since itโ€™s not our expertise.
1
CEO
You rcompany might be too young to have CSMs, but you might find support from whomever is going to onboard/support the customer over the life of the contract. CSMs can become good quality control for deals that do not align to strong use cases. The trick is getting that QA function inserted into the funnel- before the sales order or quote is generated.
JustGonnaSendIt
Politicker
2
Burn Towns, Get Money
After over a decade in Tech sales, I can tell you almost everything underpinning the foundation of most IT teams is made up of bubble gum, duct tape, and a few paperclips left over from the 90's.
Beans
Big Shot
1
Enterprise Account Executive
If you're honest about timelines and can still solve a pain NOW I don't see an issue with selling the dream/roadmap.
If you're straight up lying, that's greasy.
Chep
WR Officer
1
Bitcoin Adoption Specialist
Lmao I am stealing this meme so good
Justatitle
Big Shot
0
Account Executive
It shouldnโ€™t be like this because then you earn a reputation fast and people will look elsewhere, also erodes your credibility and mental stature
16
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