Exit-Ready Marketing: The 9-Step Framework to Maximize Your Valuation
()
About this ebook
Exiting a business is a life-changing event for a founder. Yet most founders never get there. The number one reason? Their revenue isn't predictable enough.
Shiv Narayanan
Shiv Narayanan is the Founder and CEO of How To SaaS, a management consulting firm that works with leading private equity investors, founders, CEOs, and revenue leaders. As an advisor, consultant, and fractional CMO, Shiv has helped B2B companies create hundreds of millions of dollars in enterprise value with marketing and demand generation. He is also the bestselling author of Post-Acquisition Marketing and the host of the Private Equity Value Creation Podcast. Previously, Shiv was the CMO of Wild Apricot, which was acquired by Rubicon Technology Partners in 2017 and flipped to Pamlico Capital in 2018.
Related to Exit-Ready Marketing
Related ebooks
The Power of Professional Procurement Rating: 0 out of 5 stars0 ratingsDownhill: The Building of Healthy and Fast Moving Startups (Vol. 1) Rating: 0 out of 5 stars0 ratingsSuccessful Startup 101 Magazine: Issue 6 Rating: 0 out of 5 stars0 ratingsThe Secrets of Superior Sales Activity Rating: 4 out of 5 stars4/512 Winning Strategies for Building a Talent Development Firm: An Action Planning Guide Rating: 0 out of 5 stars0 ratingsThe Great 8 Pillars: ROI-Driven Marketing for Manufacturing Companies Rating: 0 out of 5 stars0 ratingsBusiness Development and Management: An Introduction Rating: 5 out of 5 stars5/5Land and EXPAND: 6 Simple Strategies To Grow Your Company's Top And Bottom Line Rating: 5 out of 5 stars5/5Upstream Marketing: Unlock Growth Using the Combined Principles of Insight, Identity, and Innovation Rating: 5 out of 5 stars5/5Smart Marketing Execution: How to Accelerate Profitability, Performance, and Productivity Rating: 0 out of 5 stars0 ratingsThe 5 Stages To Entrepreneurial Success: What Every Entrepreneur Should Know About Dominating Your Market Rating: 0 out of 5 stars0 ratingsSix Steps to Creating Profit: A Guide for Small and Mid-Sized Service-Based Businesses Rating: 0 out of 5 stars0 ratingsThe Profitable Consultant: Starting, Growing, and Selling Your Expertise Rating: 5 out of 5 stars5/5Engage & Grow: 97 Ways To Power Up Your Business Rating: 0 out of 5 stars0 ratingsHow to Prepare Your Business for Sale Rating: 0 out of 5 stars0 ratingsThe Road Beyond ...: What Nobody Tells You About Selling a Midsized Business Rating: 5 out of 5 stars5/5Nimble Leader Volume II: What Do You Stand For? Rating: 0 out of 5 stars0 ratingsThinking Horizontally: How to Expand Your Business through Horizontal Growth Rating: 0 out of 5 stars0 ratingsClick: Transform Your Business Through Digital Marketing Rating: 0 out of 5 stars0 ratingsSway: Implement the G.R.I.T. Marketing Method to Gain Influence and Drive Corporate Strategy Rating: 5 out of 5 stars5/5Stop Random Acts of Marketing: Deliberate & Practical Growth Strategies for Mid-Market CEOs Rating: 0 out of 5 stars0 ratingsTHE ULTIMATE START-UP GUIDE Rating: 0 out of 5 stars0 ratingsCompleting the Deal: An Inside Look at Mergers, Acquisitions and Raising Capital Rating: 0 out of 5 stars0 ratingsMarketing Simplified: How I Built a Seven-Figure Business and How You Can Too Rating: 0 out of 5 stars0 ratingsEverything Has Changed Rating: 0 out of 5 stars0 ratingsBusiness Plans to Game Plans: A Practical System for Turning Strategies into Action Rating: 0 out of 5 stars0 ratingsHow to Sell a Business for the Most Money Third Edition Rating: 0 out of 5 stars0 ratingsMore Business, More Bucks!: 10 Radical Strategies to Transform Your Business Rating: 0 out of 5 stars0 ratingsBuilding Your Business Rating: 0 out of 5 stars0 ratingsProspecting for New Clients: An Essential Sales Warrior's Survival Guide Rating: 0 out of 5 stars0 ratings
Marketing For You
Building a StoryBrand: Clarify Your Message So Customers Will Listen Rating: 4 out of 5 stars4/5The Millionaire Next Door Rating: 4 out of 5 stars4/5How to Talk to Anyone: 92 Little Tricks for Big Success in Relationships Rating: 4 out of 5 stars4/5On Writing Well, 30th Anniversary Edition: An Informal Guide to Writing Nonfiction Rating: 4 out of 5 stars4/5The Catalyst: How to Change Anyone's Mind Rating: 4 out of 5 stars4/5Win In Court Every Time Rating: 5 out of 5 stars5/5The Psychology of Selling: Increase Your Sales Faster and Easier Than You Ever Thought Possible Rating: 4 out of 5 stars4/5Exactly What to Say: The Magic Words for Influence and Impact Rating: 4 out of 5 stars4/5The YouTube Formula: How Anyone Can Unlock the Algorithm to Drive Views, Build an Audience, and Grow Revenue Rating: 4 out of 5 stars4/5Emotional Intelligence: Exploring the Most Powerful Intelligence Ever Discovered Rating: 4 out of 5 stars4/5Robert Cialdini's Influence: The Psychology of Persuasion Summary Rating: 4 out of 5 stars4/5The Best Credit Repair Manual Ever Written Rating: 5 out of 5 stars5/5Invisible Influence: The Hidden Forces that Shape Behavior Rating: 4 out of 5 stars4/5Propaganda Rating: 4 out of 5 stars4/5The Passive Income Cheat Sheet Rating: 4 out of 5 stars4/5The Freedom Shortcut: How Anyone Can Generate True Passive Income Online, Escape the 9-5, and Live Anywhere Rating: 5 out of 5 stars5/5How to Write Copy That Sells: The Step-By-Step System For More Sales, to More Customers, More Often Rating: 4 out of 5 stars4/5Marketing Made Simple: A Step-by-Step StoryBrand Guide for Any Business Rating: 4 out of 5 stars4/5Built to Last: Successful Habits of Visionary Companies Rating: 4 out of 5 stars4/5Everybody Writes: Your Go-To Guide to Creating Ridiculously Good Content Rating: 4 out of 5 stars4/5Ogilvy on Advertising in the Digital Age Rating: 5 out of 5 stars5/5How to Start a Nonprofit Organization: The Complete Guide to Start Non Profit Organization (NPO) Rating: 4 out of 5 stars4/5The Copywriter's Handbook: A Step-By-Step Guide To Writing Copy That Sells (4th Edition) Rating: 4 out of 5 stars4/580/20 Sales and Marketing: The Definitive Guide to Working Less and Making More Rating: 4 out of 5 stars4/5Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life Rating: 4 out of 5 stars4/5Mastering ChatGPT: 21 Prompts Templates for Effortless Writing Rating: 5 out of 5 stars5/5The Art of Closing the Sale: The Key to Making More Money Faster in the World of Professional Selling Rating: 5 out of 5 stars5/5
Reviews for Exit-Ready Marketing
0 ratings0 reviews
Book preview
Exit-Ready Marketing - Shiv Narayanan
Advance Praise for
Exit-Ready Marketing
In numerous cases, I’ve witnessed Shiv’s framework deliver more predictable revenue, higher pipeline coverage, better conversion rates, lower customer acquisition costs, and higher net retention rates. These outcomes mean substantial value for a business at exit.
—Zane Tarence, Partner and Managing Director of Founders Advisors
"Shiv does an amazing job in Exit-Ready Marketing of making very complex analysis and strategies seem simple. I highly recommend it for founders, CEOs, and investors looking to professionalize and accelerate their marketing efforts."
—Bryce Youngren, Managing Partner at Polaris Growth Fund
An essential guide for founders to skyrocket their valuation.
—Neil Patel, Co-Founder of Neil Patel Digital
The best companies run their Go-To-Market like a revenue factory. Shiv’s framework offers founders and executives a data- and process-driven approach to revenue growth that not only enhances valuation but also ensures sustainable and durable growth.
—Jacco van der Kooij, Founder of Winning by Design
I want every founder to get every penny they can when they exit. You do that by reading and implementing what’s inside this book. Shiv has laid everything out in a step-by-step process to help you understand how private equity investors buy and sell companies, and he tells you exactly what they’re looking for in simple mathematical terms and easy-to-use frameworks.
—Dan Martell, Founder of SaaS Academy
"Exit-Ready Marketing gets you in the head of the PE playbook for GTM that investors use to get more value from your company after you sell. Read this book now and get that value for yourself."
—Kevin Mosley, General Partner at Jurassic Capital
Marketing ROI has been a black box for too many for too long. Shiv Narayanan demystifies how companies can leverage marketing to create enterprise value.
—Matt Gallagher, Portfolio CRO at Hg Capital
As a growth equity investor, the concepts Shiv speaks to in this book—ICP, demand gen, pipeline conversion, sales enablement, and revenue operations—are exactly the stuff we spend time on with our portfolio companies. Predictability in your sales pipeline is everything—it gives you the ability to see ahead and allows you to thoughtfully plan and invest in your business. It can exponentially charge the growth trajectory of a business and therefore its valuation. This book should be required reading for all bootstrapped tech founders, especially those who haven’t grown up in sales and marketing.
—Vaibhav Nalwaya, Co-Founder and Managing Partner at Wavecrest Growth Partners
Few CEOs, CFOs, and investors truly understand the marketing function or how to evaluate it. In this book, Shiv Narayanan provides a structured framework on the nine key elements that are critical to get right and then provides criteria on how to evaluate them as well as an end-to-end case study to bring it all to life.
—AJ Gandhi, Chief Growth Officer at Marlin Equity Partners
Everything you need to professionalize your marketing and prepare for an eventual exit. A must-read for all founders.
—Eric Siu, CEO of Single Grain
Shiv’s insights are the difference between a standard exit and a killer valuation. Don’t exit without them.
—Wes Bush, Founder and CEO of ProductLed
copyright © 2024 shiv narayanan
All rights reserved.
exit-ready marketing
The 9-Step Framework to Maximize Your Valuation
First Edition
Author Photograph: Katy Chan
isbn
978-1-5445-4608-7 Hardcover
isbn
978-1-5445-4610-0 Paperback
isbn
978-1-5445-4609-4 Ebook
Disclaimer
All the stories in this book are real, from situations we encounter every day with our clients at How To SaaS. Details—companies, people, products, revenue numbers, market intelligence, financials—have been altered and fictionalized to preserve confidentiality and protect sensitive information. All examples, metrics, and data are used for illustrative purposes only.
Contents
Foreword by Dan Martell
Introduction
1. TAM and Segmentation
2. Product Marketing
3. Sales Enablement
4. Go-To-Market Strategy
5. Demand Generation
6. Content
7. Customer Marketing
8. Revenue Operations
9. Team and Budget
Conclusion: Revenue Growth
Resources
Acknowledgements
About the Author
Foreword
by Dan Martell
Dan Martell is the author of the Wall Street Journal bestseller Buy Back Your Time. After founding, scaling, and successfully exiting three technology companies, he was named Canada’s top angel investor in 2012. A few years later, Dan founded SaaS Academy, now one of the world’s largest coaching companies. He’s also an Ironman athlete, philanthropist, husband, and father of two incredible boys.
Triple Your Company’s Value
A few years ago, I bought a company in the automotive space. The founder was a brilliant, hard-working guy. He knew his industry inside and out. He knew his product inside and out. And he was ready to cash out.
I dug around the financial details, kicked the tires
of the product and the business model, and made an offer. We negotiated, then agreed.
But you know what? He could have gotten three times more money.
I didn’t rip him off, no one did anything shady, and while I’d like to think I’m a pretty good negotiator, my negotiation skills weren’t the reason he sold for far less than he should have.
Why didn’t he get more money? Because his business lacked something critical—predictable pipeline and revenue. He had huge differences in his revenue every month, and he was relying on a handful of customers for a bulk of the volume. In short, revenue quality was the reason I couldn’t pay a higher valuation for his business. Any wise investor is going to back away quickly from that kind of risk or at least shortchange him for it in his exit valuation.
As an investor, it’s frustrating to see companies with huge potential that aren’t converting that potential into enterprise value. But as a founder, I completely understand. With the day-to-day grind and urgent tasks pulling him in different directions, taking that step back and working on his business rather than in the business can get pushed far down the list of priorities.
As soon as I bought the business, I made major changes that he could have easily made to increase the amount I paid to acquire the business. I spent three months improving the foundational elements of the company’s Go-To-Market. And in short order, we multiplied revenue by 300 percent.
That’s how it happens. Founders, every day, miss something foundational, and then, when it’s time to sell, they miss out on half or more of the money they should have received, if they sell at all.
I don’t want you to make his mistake. In fact, I don’t want him to make his mistake again. I want every founder to get every penny they can when they exit.
You do that by reading and implementing what’s inside this book. Shiv has laid everything out in a step-by-step process to help you understand how private equity (PE) investors buy and sell companies, and he tells you exactly what they’re looking for in simple mathematical terms and easy-to-use frameworks.
What many founders don’t realize is that marketing can be their key to driving predictable revenue. They see it as a cost center, or a distraction from sales efforts. As Shiv will show you, with the right