FtechSaasdude

Manager of Business Development

Valued Contributor

Trying to level up and leave my company

Hi Everyone!

I'm currently working as a manager of business development(tech SaaS) at a fortune 100 company and I have been here for about 5 years, consistently outperforming my peers. I work alongside many groups(implementations, client managers, SDRs etc) and I fee like it is time for me to search for other roles due to burnout, low pay etc. The leadflow has significantly gone down along with business demand due to industry disruptors, so my earnings are going to fall. I'm just wondering how I should go about seeking out another role where I can double my OTE pay and a role where I'm traveling for work. Right now I'm behind my desk for 8 hours a day and its just not good for my mental health anymore to stress about this company and all their nuances/shortcomings.

Where would you start looking if you have 7 years Fintec SaaS experience with great companies and have had a lot of good exposure to highly visible clients that you have closed. I just feel like right now I am very underpaid and there are so many opportunities out there where I could be happier and excel.

Any input is really appreciated!

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13 comments

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saaskicker

Celebrated Contributor

5

Enterprise AE

"I'm just wondering how I should go about seeking out another role where I can double my OTE pay and a role where I'm traveling for work" --> become an IC again.

oldcloser

Arsonist

1

💀

"Where would you start looking if you have 7 years Fintec SaaS experience with great companies" --> a really shitty FinTech Company

FtechSaasdude

Executive

0

Manager of Business Development

lol why a shitty company????

oldcloser

Arsonist

5

💀

They'll give you any title you want!

Ok, listen. Your post just comes off a bit tone deaf. You're sitting there at the Anacle of FinTech at a desk bagging six figures. Your main issue seems to be that marketing sucks and you deserve more.

You're insulated. You want a lift in title, income and status? You're going to have to think smaller company in our current climate. But to trade your current stability for early stage nightmares is, in my opinion, a really bad call.

You may find a VP role. You may find a comp plan that suits you. But finding a company with real product market fit that will actually pay you what's on the document is another story.

You want leads? You want pipeline to offset the current decline? Find them. Call them. Sell them. It ain't greener anywhere else at this moment.

Good luck

DataCorrupter

Politicker

3

Account Executive

Apply to a competitor.

You've got 7 years somewhere, performing well. A lot of companies would jizz in their pants for that. Lean into that.

Have a salary in mind, and stick to it once negotiations come.

Also, agreed with @oldcloser's comments. If you want prestige, get a better title at a smaller company, but know that it will come at a huge cost.

Kosta_Konfucius

Politicker

1

Sales Rep

100% agree here

Diablo

Politicker

1

Sr. AE

I like closing role so if I were you and I want to increase my cash flow, I will take an AE role. Have you determined if you want to stick to the same industry? I would do that homework first.

AnchorPoint

Politicker

1

Business Coach

Find a solid recruiter.

braintank

Politicker

2

Enterprise Account Executive

Oxymoron ;)

iamtheone

Executive

1

Enterprise SDR

Burn!

Maximas

Tycoon

2

Senior Sales Executive

That's what I'm saying too!

FoodForSales

Politicker

0

AE

So you are looking to leave due to poor performance before they kick you out. I feel ya.

i would look into the usual areas - LI, Indeed, Craigslist, Monster

I would also network like crazy with anyone else who's flown the coup there.

FtechSaasdude

Executive

0

Manager of Business Development

Still trying to level up, went through some interviews with decent names--Palantir, Visa, Mastercard, Everbridge.. No offers. Now I'm just getting rejected before I can score an interview with recruiters. Please check out my resume, let me know what I'm doing wrong here lol. Maybe its just the market? I feel like its gotten a lot tighter in the past two months, companies are looking to really stretch their value--they want a ton of experience and are paying market rates or below mkt. Thanks for the input!

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