The Blueprint to 10M in New Revenue.
Apr 20, 2023Here’s how we add 10M in fresh sales revenue to every portfolio company, inside our venture studio for faith-driven founders.
Here’s the blueprint.
First we divide their target audience (segments) into three groups by annual sales potential.
(Example)
- Small - 100k
- Medium - 200k
- Large - 300k
Second, we establish our sales win-rate goal. Let’s say 40%.
Then we establish the number of sales meetings required per month to hit 10M in annual sales (targeting medium sized accounts).
- We need to set 10 sales meetings a month
- With medium sized segments (200k)
- Sell 40%
- To onboard 50 new accounts
This is the math behind the roadmap to 10M.
Then we create a RevOps blueprint divided into 3 strategies:
#1 Demand Generation: A top-of-funnel traffic strategy to drive awareness, influence and education, all through purpose-driven content.
#2 Lead Generation: A bottom-of-funnel strategy to convert the traffic into leads.
#3 Sales Pipeline: A sales pipeline strategy where we convert leads into sales meetings, and sales meetings into customers.
That's the blueprint.
How about to 20M. Rinse Repeat.
Revenue generation is a science driven by math.
-Gerald