Sales

Ten Customers To $1M ARR, And He Closed Every One

The Journey

Most founders treat founder-led sales as a phase. You do it because you have to, then you hire someone and get your calendar back.

Felix Hoffmann got to his first $1M ARR at 7Learnings on ten customers, and he closed all ten himself. Then he kept going. His words on what came after: "on the next forty you're also quite involved."

That's the part worth sitting with. Not that he sold the first ten, which everyone expects, but that the handoff he was presumably planning didn't arrive at ten, or at fifty.

Along the way he killed the channel most founders reach for first.

The First Ten: Network, Then Events

The first customer came from his old consulting network. Felix spent six years as a pricing consultant at Kearney before founding 7Learnings, and the first paying software customer was a company Kearney had already worked with. "That's personal, that's founder led sales."

Then the network ran out, which it always does.

What replaced it was not what founders usually try. The event channel. Felix: "one channel that was working well ... of course is like personal network, but I think even more important was the like event channel. Like going to these events, it's very expensive, but it's still it's working well."

Not pricing conferences either. E-commerce events, where his buyers already were. He adds two things that made events pay: speaking slots, and what Europeans call master classes, where you teach part of your technology and interested leads sign up.

The Referral Mechanism He Wrote Into Contracts

Referrals were the other channel, and Felix does something specific with them.

New buyers always want to talk to existing customers, so those customers have to be willing. Rather than hoping, he builds it into the deal: "You can also try to put that into the contract, the fact that they come with you to a fair, for example. So the customer comes to a fair with you, or or they make a webinar with you."

The proof becomes something he can schedule instead of something he has to request as a favour.

Why He Stopped Cold Outreach

Felix tried outbound. It worked, a bit, then stopped: "I think called outreach just gets worse and worse every year."

The reason he abandoned it is the useful part, and it isn't spam filters. It's arithmetic. His buyer universe is small, and a small universe changes what a bad email costs: "if you have a small amount of potential customers, there is a risk that you are sending out messages to that customer and then they block you and then that's it."

One generic email doesn't waste a send. It burns the account permanently.

So he went account-based instead. "Even if you're sending out an email, like really think about what you're writing in that email and maybe spend one day on that email might be worth it."

A day. On one email.

His conclusion is flat: "these mass market outreach strategies they don't work for us at all."

What You Should Steal

  • Count your buyer universe before you pick a channel. If it's in the hundreds, volume outbound is not a cheap experiment, it's spending down a finite asset. Felix's floor is retailers doing 25 million a year and up.
  • Put the reference into the contract. A trade fair appearance or a joint webinar, agreed at signature. You need those conversations anyway; stop asking for them as favours.
  • Plan for founder-led sales past the point you expect to hand it off. Felix is candid that externalizing sales "is a very difficult thing to do" and it did not happen at ten customers, or at fifty. Budget your own time accordingly instead of assuming a hire fixes it.

Ready to build your SaaS with founders who get it?

Join thousands of SaaS founders getting weekly insights and proven strategies from real founder conversations.

Free weekly newsletter · No spam