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I got this question the other day.
When is a good time for a startup
to hire a marketing manager?
And it's an interesting question
and one we're gonna go over in today's video.
We've gotten to a point at Experiment 27 now where
I feel like we've gone through
the initial early business cycles
so we've got a sales team now
and now we have an internal marketing person.
I hired the marketing person after the sales team.
And in this video,
I'll go through three stages
and how you should think about who you should hire
and what order you should hire them in.
So number one is do all the sales and lead gen yourself
until you can support a team
and usually that's about 10,000 a month in revenue,
assuming everyone makes between
$2,000 and $3,000 a month to start
which is a low salary but also doable
and I know that because most of our team
is making about $2,000 to $3,000 a month.
You wanna do all the sales and lead gen yourself
until you can get to that point.
Once you're at 10,000 a month,
then hire an outbound sales team to book meetings for you.
This for Experiment 27 that was Afnan and Cam,
but basically you wanna hire two salespeople
at the same time following Jason Lemkin's advice.
I'll link down to that SaaStr video in the comments.
That sales team is going to be sending emails,
booking initial meetings
if you find good ones taking the calls and closing.
For B2B, outbound is the quickest way
to start getting leads.
The way that I think about building a marketing funnel
is there's inbound and outbound, right?
Inbound are the type of leads that are just gonna be
coming in to your company.
They are easier to close,
but you have less power of the type of people
that you're targeting.
And then outbound are the leads that you're chasing.
You're identifying an ideal customer, sending cold emails,
doing cold calls to get them on the phone.
And how you go about building a marketing funnel
is outbound is quick.
So basically you can spin up an outbound campaign
within 45 to 90 days.
You'll have a really good outbound funnel.
You'll have a lot of meetings on the calendar.
Even in the first week,
you can get some meetings on the calendar with outbound.
So ideally what you wanna do
is build up your outbound funnel
and then while that's going
or as soon as that starts paying for itself,
then start investing in inbound
and outbound will continue to pay for itself
while inbound takes about six months to ramp up.
So number three is hire marketing to increase leads
and remember that it could take about six months
so think about that when you're planning.
I would only hire
and what I did at Experiment 27
is I only hired one internal marketing guy
to work on our agency.
It's Rinaldo.
He's actually the one who helps promote
a lot of this YouTube content, does a lot of the SEO.
And if you're reading the captions of this video,
he wrote those.
So he is in charge of marketing all of our stuff
and that's our only internal marketing hire.
Everyone else does production.
So we've got me, him and then our two sales guys
are our marketing team for our agency
and it's been working phenomenally well
and it's relatively cheap for the amount of value
that we all deliver to the business.
So that's the way that I would frame
hiring a marketing manager
and the order that I would do it if I had to do it again
and actually the order that I did it in.
So if you like this type of content, you like this video,
give it a thumbs up
to encourage this type of video on YouTube
and subscribe for more B2B sales training
and agency marketing training.
And if you need support for your digital agency
on the marketing side of things,
check out experiment27.com.
I'm Alex Berman, thanks.